Seller's Agent in 2024
Bailey Pate
Maine Real Estate Co
(207) 229-5449
5 in this area
237 Total Sales
673 Main St Sanford, ME 04073
--
Bed
2
Baths
1,971
Sq Ft
0.52
Acres
Highlights
- View of Trees or Woods
- Deck
- Saltbox Architecture
- 0.52 Acre Lot
- Wooded Lot
- Attic
About This Home
As of December 2024Seller has received an offer, please submit all offers by Sunday 11/24 at 10:00pm and allow until Monday 11/25 at 10:00am for seller to respond.
This well-maintained, move-in-ready duplex is a dream for investors or homeowners looking to offset their mortgage! The current owner occupies one unit, while the other is rented on a month-to-month basis, offering immediate rental income with the flexibility to adjust to market rates, providing endless possibilities—rent both sides or live in one while renting out the other.
The owner occupied unit will be vacant at closing (unless a buyer is interested in allowing the current owner to stay and rent his unit), and the tenant in the other unit may desire to stay if the new owner allows.
Each unit boasts a modern, fully applianced kitchen, a spacious living room, two generously sized bedrooms, and a full bath on the second floor. Additional perks include first-floor laundry hookups, ample closet space, and full attics for extra storage. The property features a new deck, a raised garden bed, a private yard, and a storage shed, all situated on an in-town lot that offers convenience and tranquility.
With ample off-street parking and a layout designed for easy rental management, this duplex is an unbeatable opportunity to grow your portfolio or enjoy affordable homeownership. Don't miss your chance to secure this versatile property!
Last Agent to Sell the Property
Maine Real Estate Co License #DB927429 Listed on: 11/22/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,096
Year Built
- Built in 1984
Lot Details
- 0.52 Acre Lot
- Level Lot
- Wooded Lot
Home Design
- Duplex
- Saltbox Architecture
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,971 Sq Ft Home
- Views of Woods
- Attic
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- Gravel Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Deck
- Shed
Utilities
- No Cooling
- Heating System Uses Kerosene
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Additional Features
- Level Entry For Accessibility
- City Lot
Listing and Financial Details
- Exclusions: Tenant's washer and dryer
- Tax Lot 0003
- Assessor Parcel Number SANF-000003-L000022
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,744
- Gross Income $20,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 22, 2024
Closed on
Dec 18, 2024
Sold by
Gerrish Tracey M and Gerrish Jonathan J
Bought by
Teti Jade E and Teti Matthew J
Seller's Agent
Bailey Pate
Maine Real Estate Co
Buyer's Agent
Pamela Maxon
Moody Maxon Real Estate
List Price
$370,000
Sold Price
$410,000
Premium/Discount to List
$40,000
10.81%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$735
Avg. Annual Appreciation
-0.22%
Original Mortgage
$168,800
Outstanding Balance
$167,472
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,793
Purchase Details
Listed on
Aug 7, 2020
Closed on
Oct 8, 2020
Sold by
Hall Kenneth A and Hall Christie L
Bought by
Gerrish Tracey M and Gerrish Jonathan J
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Bailey Pate
Keller Williams Realty
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$230,743
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 2, 2013
Sold by
Hall K A K and Hall Kenneth A
Bought by
Hall Christie L and Hall Kenneth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,800 | Purchase Money Mortgage | |
| Closed | $168,800 | Purchase Money Mortgage | |
| Previous Owner | $230,743 | FHA | |
| Previous Owner | $149,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $410,000 | +10.8% | $208 / Sq Ft | |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- | |
| 11/22/2024 11/22/24 | For Sale | $370,000 | +54.2% | $188 / Sq Ft | |
| 10/08/2020 10/08/20 | Sold | $240,000 | +4.4% | $122 / Sq Ft | View Prior Sale |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- | |
| 08/07/2020 08/07/20 | For Sale | $229,900 | -- | $117 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,096 | $253,800 | $44,600 | $209,200 |
| 2023 | $3,843 | $253,800 | $44,600 | $209,200 |
| 2022 | $3,756 | $253,800 | $44,600 | $209,200 |
| 2021 | $3,429 | $188,600 | $44,600 | $144,000 |
| 2020 | $3,701 | $183,600 | $44,600 | $139,000 |
| 2019 | $3,099 | $149,700 | $44,600 | $105,100 |
| 2018 | $3,037 | $153,900 | $44,600 | $109,300 |
| 2017 | $3,192 | $153,900 | $44,600 | $109,300 |
| 2016 | $3,040 | $133,700 | $44,600 | $89,100 |
| 2015 | $3,037 | $137,800 | $48,700 | $89,100 |
| 2014 | $3,150 | $133,300 | $48,700 | $84,600 |
| 2013 | -- | $145,700 | $48,700 | $97,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bailey Pate
-
Pamela Maxon
P
Buyer's Agent in 2024
Pamela Maxon
Moody Maxon Real Estate
(207) 251-3585
4 in this area
327 Total Sales
-
Brian Samia
Seller's Agent in 2020
Brian Samia
Century 21 North East
(207) 651-7188
79 in this area
189 Total Sales
Map
Source: Maine Listings
MLS Number: 1610059
APN: SANF-000003-L000022
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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