NOT LISTED FOR SALE

674 Main St Monmouth, ME 04259

Estimated Value: $61,000 - $528,000

-- Bed
3 Baths
3,940 Sq Ft
$86/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $440,000 $112 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $2,063/month

180 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Deck
  • Barn
  • 2.91 Acre Lot
  • Post and Beam

About This Home

As of March 2024

BACK ON MARKET. Buyer financing HAS FALLEN through.
Wake up to the scent of peonies and blooming hydrangeas in this occupied 3 unit home. This stunning farmhouse property is just outside of town in cozy Monmouth, Maine. Nestled on 2.91 beautiful open acres, sits this breathtaking Up-to-Date Farmhouse with 3 units and a buildable gorgeous lot behind the Farmhouse. This loved local Farmhouse has been converted into 3 units with updates giving the home a whole new life. The immaculate landscaping and beautiful deck will give tenants a quiet place to call home. Only 15 minutes to I95 highway, 25 minutes to Augusta and a relaxing walk to the Monmouth Boat Launch and Public Beach. 3bedroom Unit has just gone vacant and will remain vacant for potential buyer.

Last Agent to Sell the Property

Buffy Dumont

Integrity Homes Real Estate Group, PC Listed on: 09/03/2023

Last Buyer's Agent

Patrick Matheson

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,258

Year Built

  • Built in 1900

Lot Details

  • 2.91 Acre Lot
  • Rural Setting
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Post and Beam
  • Farmhouse Style Home
  • Concrete Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,940 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Scenic Vista Views
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Nearby Water Access
  • Deck
  • Patio
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Uses Steam
  • Power Generator
  • Natural Gas Not Available
  • Private Water Source
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number MONM-000021-000000-000067-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $14,856
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,258

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.91
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3940.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.91
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3940.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 43200.0
  • Income Expenses Operating Expenses: 14856.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Construction:Post Beam: Yes
  • Water Heater:Tank: Yes
  • Equipment:Generator: Yes
  • Heat System:Radiator: Yes
  • Water Heater:Heat Pump2: Yes
  • Building Info:_pound_ Floors3: 2
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Other Structures:Out Building: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Storage
  • Stories: 2
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Landscaped, Pasture, Rural
  • View: Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Post & Beam, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Slab
  • Other Structures: Barn, Outbuilding
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Schools

  • Junior High Dist: RSU 02

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 126759.6
  • Parcel #: MONM-000021-000000-000067-000001
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 43200.0
  • Annual Operating Expense: 14856.0

Tax Info

  • Tax Annual Amount: 7258.0
  • Tax Book Number: 12255
  • Tax Lot: 67
  • Tax Map Number: 21
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Stevens Farm & Grnhouses
Bought by
Margo S Smith Lt and Smith
Current Estimated Value
$340,312

Purchase Details

Closed on
Feb 28, 2020
Sold by
Esman Joan E
Bought by
Smith Margo S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Sold by
Kelley Christopher J and Kelley Lucie F
Bought by
Stevens Farm & Greenhouses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Margo S Smith Lt -- None Available
Margo S Smith Lt -- None Available
Margo S Smith Lt -- None Available
Smith Margo S -- None Available
Smith Margo S -- None Available
Smith Margo S -- None Available
Stevens Farm & Greenhouses -- --
Stevens Farm & Greenhouses -- --
Stevens Farm & Greenhouses -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renell Dylan $417,000
Previous Owner Smith Margo S $110,000
Previous Owner Stevens Farm & Greenhouses $247,500
Previous Owner Kelley Christopher J $249,750
Previous Owner Kelley Christopher J $214,513
Previous Owner Kelley Christopher J $167,000
Previous Owner Kelley Christopher J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $440,000 -8.3% $112 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
09/03/2023 09/03/23 For Sale $480,000 -- $122 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $2,505 $122,500 $44,100 $78,400
2023 $7,747 $428,000 $50,200 $377,800
2022 $7,258 $372,200 $43,700 $328,500
2021 $6,997 $372,200 $43,700 $328,500
2020 $6,621 $364,800 $43,700 $321,100
2018 $6,402 $364,800 $43,700 $321,100
2017 $6,402 $364,800 $43,700 $321,100
2016 $5,346 $323,000 $40,800 $282,200
2015 $5,039 $323,000 $40,800 $282,200
2013 $4,700 $323,000 $40,800 $282,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565228

Maine Listings

APN: MONM-000021-000000-000067-000001