NOT LISTED FOR SALE

69 Spring St Gardiner, ME 04345

Estimated Value: $262,000 - $337,000

6 Beds
2 Baths
4,329 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $73,500 $17 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $2,011/month

303 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating
  • Baseboard Heating
  • No HOA
  • Landscaped
  • Level Lot

About This Home

As of May 2017

GREAT OPPORTUNITY! Large multi-family property with lots of parking and loads of potential. This property currently has two completed units - One three bedroom and one two bedroom. Plans are in place to expand up to five units total. The third unit has a updated bathroom that just needs plumbing completed, electrical and rough-in done for a kitchen. Buy a building with existing cash flow to pay for it while you finish what has been started for additional income.

Last Agent to Sell the Property

Matthew Pouliot

RE/MAX Riverside Listed on: 05/21/2016

Co-Listed By

Carrie Davila

RE/MAX Riverside

Last Buyer's Agent

Matthew Pouliot

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.69 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 4,329 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number GARR-000037-000000-000075

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.69
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1874
  • Co List Office Phone: 207-725-8505
  • MLS Status: Closed
  • Directions: South on Rt. 201 - just after Rite-Aid take a right on Spring St. Property at the top of the hill on the right. Brown - driveway on the right side.
  • Above Grade Finished Sq Ft: 4329.0
  • Architectural Style: Other Style
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.69
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 4329.0
  • 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 System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Only
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 30056.4
  • Parcel #: GARR-000037-000000-000075
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2810.0
  • Tax Book Number: 8994
  • Tax Lot: 75
  • Tax Map Number: 37
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2016
Closed on
May 11, 2017
Sold by
Quigley Robert D
Bought by
Brennan Matthew W
Seller's Agent
Matthew Pouliot
RE/MAX Riverside
Buyer's Agent
Matthew Pouliot
RE/MAX Riverside
List Price
$99,900
Sold Price
$73,500
Premium/Discount to List
-$26,400
-26.43%
Current Estimated Value
$310,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,833
Avg. Annual Appreciation
18.58%
Original Mortgage
$95,675
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 24, 2006
Sold by
Mckenzie Sharon L
Bought by
Quigley Robert D
Source: Public Records

Range of Values:

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Average Value
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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
Brennan Matthew W -- --
Quigley Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brennan Matthew W $95,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $73,500 -26.4% $17 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
05/21/2016 05/21/16 For Sale $99,900 -- $23 / 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 $4,375 $170,900 $25,100 $145,800
2023 $4,050 $170,900 $25,100 $145,800
2022 $3,794 $170,900 $25,100 $145,800
2021 $3,162 $145,700 $25,100 $120,600
2020 $2,823 $130,100 $25,100 $105,000
2019 $2,823 $130,100 $25,100 $105,000
2018 $2,784 $130,100 $25,100 $105,000
2017 $2,862 $130,100 $25,100 $105,000
2016 $2,797 $130,100 $25,100 $105,000
2015 $2,810 $130,100 $25,100 $105,000
2014 $2,680 $130,100 $25,100 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1265203

Maine Listings

APN: GARR-000037-000000-000075