NOT LISTED FOR SALE

Estimated Value: $224,000 - $293,000

4 Beds
2 Baths
1,620 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 19, 2014

Last sale price $86,000 $53 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $1,540/month

13 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 5-minute walk to Fairmount Park

About This Home

As of February 2014

Great buy, easy income, great location and natural gas! Each unit with 2 BRs, LR, kitchen and washer/dryer hookup. Tenants pay electric and TV/internet. Building completely renovated and updated in 1997 with continued updates. Numbers work.

Last Agent to Sell the Property

Susan Lane-Ziegelaar

Realty of Maine Listed on: 12/09/2013

Realty of Maine

Last Buyer's Agent

Jay Peavey

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,654

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Off-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1009
  • Assessor Parcel Number 657Hammond StreetBangor61009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $15,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,654

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Corner of Hammond Street and Dean Street. Opposite Fairmount Market.
  • Above Grade Finished Sq Ft: 1620.0
  • Architectural Style: Cape
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 53.09
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1620.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 15180.0
  • Amenities:Laundry - 1st Floor: Yes
  • Driveway:Gravel: Yes
  • Parking:Off Site: Yes
  • Transportation:Public Transport Access: Yes
  • Advertising Remarks:Advertising Remarks: Call Susan Lane today to view this easy money maker. Great location within walking distance of shops and downtown Bangor. A great buy in a great location with natural gas! Each unit with 2 BRs, LR, kitchen and washer/dryer hookup. Tenants pay electric and TV/internet. Long term tenants and the numbers work!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 657Hammond StreetBangor61009
  • Zoning: URD1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15180.0

Tax Info

  • Tax Annual Amount: 1654.0
  • Tax Lot: 1009
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2013
Closed on
Feb 20, 2014
Sold by
Moore Mary and Moore Mary R
Bought by
Executive Properties Llc
Seller's Agent
Susan Lane-Ziegelaar
Realty of Maine
Buyer's Agent
Jay Peavey
Realty of Maine
List Price
$92,500
Sold Price
$86,000
Premium/Discount to List
-$6,500
-7.03%
Current Estimated Value
$242,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,902
Avg. Annual Appreciation
8.95%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Executive Properties Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2014 02/19/14 Sold $86,000 -7.0% $53 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $92,500 -- $57 / Sq Ft
Source: Maine Listings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,899 $156,300 $13,400 $142,900
2023 $2,723 $142,200 $13,400 $128,800
2022 $2,446 $119,900 $13,400 $106,500
2021 $2,313 $103,700 $12,400 $91,300
2020 $6,443 $97,200 $12,200 $85,000
2019 $7,050 $93,100 $12,200 $80,900
2018 $1,951 $85,000 $12,200 $72,800
2017 $1,901 $84,300 $12,200 $72,100
2016 $1,856 $82,500 $12,200 $70,300
2015 $1,811 $82,500 $12,200 $70,300
2014 $1,733 $79,500 $12,200 $67,300
2013 $1,654 $79,500 $12,200 $67,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1118468

Maine Listings

APN: BANG-000006-000000-000109

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