NOT LISTED FOR SALE

7 Academy St Hallowell, ME 04347

Estimated Value: $341,911

6 Beds
4 Baths
2,866 Sq Ft
$119/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $200,000 $70 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,910/month

42 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Main Floor Bedroom
  • Federal Architecture
  • Wood Flooring
  • 4-minute walk to Granite City Park

About This Home

As of February 2017

Well maintained in-town 3 unit with character galore! GREAT owner's unit with 2 BRs and 2 baths. Wood floors, ample parking, corner lot, very low vacancy rate, nice curb appeal, decks, and more! Owner is a licensed real estate agent.

Last Agent to Sell the Property

Christopher Vallee

Vallee Real Estate Listed on: 12/28/2016

Last Buyer's Agent

Kim Gleason

McAllister Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1800

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Corner Lot

Home Design

  • Federal Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,866 Sq Ft Home
  • 3 Fireplaces
  • Laundry on main level

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Unfinished Basement

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

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed

Location

  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 059

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,884

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Water St. downtown turn up Central St., 1st left onto Second St., home down on right on corner of Second and Academy.
  • Above Grade Finished Sq Ft: 2866.0
  • Architectural Style: Federal
  • Garage Yn: Yes
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2866.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26400.0
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Building Info:_pound_ Fireplaces3: 3
  • Driveway:Gravel: Yes
  • Basement:Sump Pump: Yes
  • Style:Federal: Yes
  • Foundation Materials:Granite2: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Exterior Only, Unfinished
  • Full Bathrooms: 4
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Landscaped, Historic District, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 0
  • Zoning: hist

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 26400.0

Tax Info

  • Tax Annual Amount: 3884.0
  • Tax Book Number: 10634
  • Tax Lot: 059
  • Tax Map Number: 9
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Feb 21, 2017
Sold by
Oceanside Rt
Bought by
7 Academy Street Llc
Seller's Agent
Christopher Vallee
Vallee Real Estate
Buyer's Agent
Kim Gleason
McAllister Real Estate
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Total Days on Market
42
Current Estimated Value
$341,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,911
Avg. Annual Appreciation
6.64%
Source: Public Records

Range of Values:

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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
7 Academy Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 Academy Street Llc $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $200,000 -14.9% $70 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $235,000 -- $82 / 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 $0 $282,500 $55,700 $226,800
2023 $0 $205,500 $40,500 $165,000
2022 $0 $205,500 $40,500 $165,000
2021 $4,418 $205,500 $40,500 $165,000
2020 $4,418 $205,500 $40,500 $165,000
2019 $4,377 $205,500 $40,500 $165,000
2018 $4,048 $205,500 $40,500 $165,000
2017 $4,048 $205,500 $40,500 $165,000
2016 $3,884 $205,500 $40,500 $165,000
2015 $3,617 $205,500 $40,500 $165,000
2014 $3,617 $205,500 $40,500 $165,000
2013 $3,514 $205,500 $40,500 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1291441

Maine Listings

APN: HALL-000009-000000-000059