Seller's Agent in 2023
Brian Samia
Century 21 North East
(207) 651-7188
84 in this area
199 Total Sales
7 Gowen St Sanford, ME 04073
Estimated Value: $399,000 - $495,000
5
Beds
3
Baths
3,753
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Porch
- Open Lot
- No HOA
- Forced Air Heating System
- Community Storage Space
About This Home
As of February 2023Fantastic Multi-Family Income Opportunity! This three unit property is in a great central location of Sanford. Parking spaces available off street for all three units. Each unit is side-by-side, first floor has large eat-in style kitchen and comfortable living room. Second floor has three good sized bedrooms. All three units have laundry hook ups. Property is situated very close to Number One Pond, entrances to Mousam Way Hiking and Biking Trails, Main Street, public parks, restaurants, businesses, shops and other local amenities. Just off of Routes 202, 109 and 4 which is great for tenants who are commuters. Building is currently fully tenant occupied. Property offers storage space which can be beneficial to tenants or property owner. Full walk-out basement. This is a great investment opportunity that you will not want to miss, call today for more information or to schedule your showing!
Last Agent to Sell the Property
Century 21 North East Brokerage Phone: 207-651-7188 Listed on: 12/02/2022
Last Buyer's Agent
Kelly Sahabo
EXP Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,403
Year Built
- Built in 1872
Lot Details
- 5,663 Sq Ft Lot
- Open Lot
Home Design
- Colonial Architecture
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 3,753 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
- Vinyl
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Oil Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number SANF-000011-J000028
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $11,043
- Gross Income $34,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 2, 2022
Closed on
Feb 2, 2023
Sold by
7 Gowen Street Llc
Bought by
Mucyo Armel M and Hirwa Luc
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Kelly Sahabo
EXP Realty
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,008
Avg. Annual Appreciation
10.03%
Original Mortgage
$343,561
Outstanding Balance
$333,421
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$113,487
Purchase Details
Listed on
Nov 13, 2020
Closed on
Jan 22, 2021
Sold by
Alexandre Albert A and Alexandre Mary E
Bought by
7 Gowen St Llc
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Gregory Szymbor
EXIT Oceanside Realty
List Price
$254,900
Sold Price
$255,000
Premium/Discount to List
$100
0.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$204,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mucyo Armel M | $349,000 | None Available | |
| 7 Gowen St Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mucyo Armel M | $343,561 | |
| Previous Owner | 7 Gowen St Llc | $204,000 | |
| Previous Owner | Alexandre Albert A | $63,050 | |
| Previous Owner | Alexandre Mary E | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2023 02/02/23 | Sold | $349,900 | 0.0% | $93 / Sq Ft |
| 12/11/2022 12/11/22 | Pending | -- | -- | -- |
| 12/02/2022 12/02/22 | For Sale | $349,900 | +37.2% | $93 / Sq Ft |
| 01/22/2021 01/22/21 | Sold | $255,000 | 0.0% | $71 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | For Sale | $254,900 | -- | $71 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,842 | $300,000 | $29,600 | $270,400 |
| 2023 | $4,504 | $297,500 | $29,600 | $267,900 |
| 2022 | $4,403 | $297,500 | $29,600 | $267,900 |
| 2021 | $3,732 | $205,300 | $29,600 | $175,700 |
| 2020 | $4,181 | $207,400 | $29,600 | $177,800 |
| 2019 | $3,629 | $175,300 | $29,600 | $145,700 |
| 2018 | $3,321 | $183,000 | $29,600 | $153,400 |
| 2017 | $3,795 | $183,000 | $29,600 | $153,400 |
| 2016 | $3,454 | $151,900 | $29,600 | $122,300 |
| 2015 | $3,321 | $150,700 | $29,600 | $121,100 |
| 2014 | $3,496 | $150,700 | $29,600 | $121,100 |
| 2013 | -- | $161,700 | $29,600 | $132,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Samia
-
K
Buyer's Agent in 2023
Kelly Sahabo
EXP Realty
-
G
Buyer's Agent in 2021
Gregory Szymbor
EXIT Oceanside Realty
Map
Source: Maine Listings
MLS Number: 1549166
APN: SANF-000011-J000028
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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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