687 Ridge Rd Plymouth, ME 04969
Estimated payment $1,821/month
Highlights
- Wooded Lot
- No HOA
- Carpet
- Ranch Style House
- Baseboard Heating
About This Home
This well-maintained and fully occupied 2-unit property is a rare find for both investors and owner-occupants alike. Each unit offers 2 spacious bedrooms, 1 full bathroom, and an open-concept living and kitchen area that feels warm and inviting. Step out back to enjoy your own private deck, perfect for morning coffee or grilling.
This property has been well cared for, with solid rental history and low vacancy. Routine maintenance make it a true turnkey investment. For added peace of mind, the home is equipped with a Generac generator, ensuring uninterrupted comfort no matter the season.
Whether you're looking to live in one unit and rent the other, or simply expand your investment portfolio with a reliable income-producing property, this opportunity checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,601
Year Built
- Built in 2007
Lot Details
- 1.85 Acre Lot
- Rural Setting
- Wooded Lot
Parking
- Gravel Driveway
Home Design
- 1,800 Sq Ft Home
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Private Water Source
- Well
- Septic Tank
- Private Sewer
Listing and Financial Details
- Tax Lot 44
- Assessor Parcel Number PLYH-000007-000000-000044
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $4,000
- Gross Income $16,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,601 | $194,080 | $37,450 | $156,630 |
| 2023 | $2,669 | $194,080 | $37,450 | $156,630 |
| 2022 | $2,497 | $156,060 | $31,210 | $124,850 |
| 2021 | $2,419 | $156,060 | $31,210 | $124,850 |
| 2018 | $2,497 | $156,060 | $31,210 | $124,850 |
| 2016 | $2,088 | $154,650 | $31,210 | $123,440 |
| 2015 | $2,837 | $192,350 | $25,850 | $166,500 |
| 2014 | $2,789 | $192,350 | $25,850 | $166,500 |
| 2013 | $2,376 | $192,350 | $25,850 | $166,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Price Changed | $295,000 | -1.3% | $164 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $299,000 | -1.9% | $166 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $304,900 | -1.6% | $169 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $309,900 | -3.2% | $172 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $320,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | None Available | |
| Warranty Deed | $220,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $267,495 | FHA | |
| Closed | $265,821 | FHA | |
| Previous Owner | $176,000 | Purchase Money Mortgage | |
| Previous Owner | $44,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $139,900 | Purchase Money Mortgage |
Source: Maine Listings
MLS Number: 1624572
APN: PLYH-000007-000000-000044
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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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