7 1st St Derby, ME 04463
Estimated payment $459/month
Highlights
- Colonial Architecture
- Corner Lot
- Baseboard Heating
- Wood Flooring
- No HOA
- Asbestos
About This Home
Welcome to this spacious two-unit property in the heart of Milo, Maine! Perfectly suited for investors or owner-occupants looking to create a dream home, this property boasts an abundance of space and potential. Each unit features three generously sized bedrooms and one bathroom, offering plenty of room for families or renters. The large living rooms and separate dining areas provide comfortable living spaces, while access to the attic in each unit presents a unique opportunity to expand and customize with additional finished space.
Although the building requires renovations, the strong rental history—both units were occupied as recently as Fall 2024—demonstrates its appeal and potential. Situated in a convenient location within Milo, this property is an excellent opportunity for those with a vision to breathe new life into it. Don't miss your chance to transform this property into a highly desirable rental or multifamily home!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 0.34 Acre Lot
- Corner Lot
Home Design
- 2,122 Sq Ft Home
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Asbestos
Flooring
- Wood
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- On-Site Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- 2 Full Bathrooms
- City Lot
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 82
- Assessor Parcel Number MILO-000020-000000-000082
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 | $2,120 | $77,800 | $8,200 | $69,600 |
| 2023 | $1,859 | $77,800 | $8,200 | $69,600 |
| 2022 | $2,019 | $77,800 | $8,200 | $69,600 |
| 2021 | $2,003 | $77,800 | $8,200 | $69,600 |
| 2020 | $1,504 | $54,200 | $8,700 | $45,500 |
| 2019 | $1,497 | $51,620 | $8,260 | $43,360 |
| 2018 | $1,613 | $51,620 | $8,260 | $43,360 |
| 2017 | $1,613 | $51,620 | $8,260 | $43,360 |
| 2016 | $1,678 | $51,620 | $8,260 | $43,360 |
| 2015 | $1,481 | $51,620 | $8,260 | $43,360 |
| 2014 | $1,571 | $73,750 | $11,800 | $61,950 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Price Changed | $69,999 | -29.6% | $33 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $99,480 | +65.8% | $47 / Sq Ft |
| 11/15/2023 11/15/23 | Sold | $60,000 | -7.7% | $28 / Sq Ft |
| 11/10/2023 11/10/23 | Pending | -- | -- | -- |
| 10/18/2023 10/18/23 | For Sale | $65,000 | -- | $31 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $60,000 | Gateway Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $27,537 | Unknown |
Source: Maine Listings
MLS Number: 1612724
APN: MILO-000020-000000-000082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
- Lot# 43-99 1st St
- 4 Church St
- 10+12 Railroad Ave
- 12 Railroad Ave
- 10 Railroad Ave
- 140 Riverside St
- 64 Sanford Ave
- M019/L063 Riverside St
- 0 Dunham Rd Unit 1602727
- 14 Gould St
- 2 Hovey Rd
- 219 Hovey Rd
- 12 Belmont St
- Lot 13 Fogg Brook Rd
- 64 & 68 Main St
- 6 W Savage Hill Rd
- 11 Pleasant St
- 16 Pleasant St
- 53 W Main St
- 28 Pleasant St