NOT LISTED FOR SALE

7 Longfellow Ln MacHias, ME 04654

Estimated Value: $153,000 - $275,000

3 Beds
3 Baths
1,080 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $120,000 $111 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,250/month

11 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet

About This Home

As of September 2021

Intown Apartment House. This duplex is located in Machias with great rental history. Each apartment has a nice living room, spacious kitchens and 2 bedrooms. Apartment A has 2 full bathrooms and Apartment B has 1 full Bathroom. Centrally located, walk to all stores, schools, University and Little Bad Falls. Close to Helens Restaurant famous for it's pies. Rent one side and live in the other.

Last Agent to Sell the Property

William Moore

Drop Anchor Realty, LLC Listed on: 07/23/2021

Last Buyer's Agent

Ashley West

Points East Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1989

Lot Details

  • 0.25

Home Design

  • 1,080 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • 0.25 Acre Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 59B
  • Assessor Parcel Number 7LongfellowLaneMachias04654

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,210
  • Gross Income $16,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In Machias across from the Vets Club, take Lyons Street go to North Street, continue on Longfellow to Apartment house.
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1080.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 16500.0
  • Income Expenses Operating Expenses: 6210.0
  • Parking:On Site2: Yes
  • Basement:Crawl Space: Yes
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 7LongfellowLaneMachias04654
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16500.0
  • Annual Operating Expense: 6210.0

Tax Info

  • Tax Annual Amount: 2250.0
  • Tax Book Number: 1167
  • Tax Lot: 59B
  • Tax Map Number: 15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 24, 2021
Sold by
Leavitt Arthur F and Leavitt Roberta J
Bought by
Fraser Sherri L
Seller's Agent
William Moore
Drop Anchor Realty, LLC
Buyer's Agent
Ashley West
Points East Real Estate
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$195,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,889
Avg. Annual Appreciation
12.90%
Original Mortgage
$96,000
Outstanding Balance
$87,543
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,346
Source: Public Records

Range of Values:

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Average Value
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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
Fraser Sherri L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Sherri L $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $120,000 -4.0% $111 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $125,000 -- $116 / 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 $2,481 $168,200 $24,300 $143,900
2023 $2,354 $103,700 $17,000 $86,700
2022 $2,250 $103,700 $17,000 $86,700
2021 $2,147 $103,700 $17,000 $86,700
2020 $2,147 $103,700 $17,000 $86,700
2019 $2,250 $103,700 $17,000 $86,700
2018 $2,250 $103,700 $17,000 $86,700
2017 $2,188 $103,700 $17,000 $86,700
2015 $2,134 $105,100 $17,000 $88,100
2014 $2,102 $105,100 $17,000 $88,100
2013 $2,102 $105,100 $17,000 $88,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502024

Maine Listings

APN: MCHA-000015-000000-000059-B000000