NOT LISTED FOR SALE

7 Myrtle St Paris, ME 04281

Estimated Value: $246,000 - $336,643

-- Bed
3 Baths
2,362 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2023

Last sale price $305,000 $129 Per Sq Ft

Current estimated payment $1,886 / mo

21 Days on Market

Highlights

  • Farmhouse Style Home
  • Screened Porch
  • Solar Water Heater
  • No HOA
  • 2 Car Detached Garage
  • Shed

About This Home

As of July 2023

Renovated 1885 farmhouse style 3-unit intown South Paris. Unit 1 features 2 bed 1 bath on the first level, unit 2 is a first level efficiency with 1 bed 1bath, Unit 3 is the owners Unit, 3 bed 1 bath, with a sunroom on level 2. A detached building offers 3 carports, one of which is perfect for small yard equipment. You'll find a large greenhouse for all your gardening needs on the rear of the carport building. An additional 1 car garage is under the home and belongs to Unit 3. Over the last 17 years the owners have installed solar panels for Unit 3 hot water, new propane on demand boiler, insulation and most of the roofing. The roof was raised over the kitchen/dining area in Unit 3 to give more head room, along with the walls rebuilt. Each unit has its own circuit breaker box and hot water heater. Great owner occupied building or rental possibility. Ample paved parking. Pre-approval required for showings/offers please.

Last Agent to Sell the Property

Pamela Sessions

Kezar Realty Listed on: 04/22/2023

Last Buyer's Agent

Melissa Morrill

Maine Home Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1885

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,362 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Stove

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Brick Basement

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating

Additional Features

  • Solar Water Heater
  • Shed
  • City Lot

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number PARI-000008U-000000-000050

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,757
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,944

Year Built

Built in 1885

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Market Square towards West Paris, left on Gothic St, right on Myrtle St, building second on the right.
  • Above Grade Finished Sq Ft: 2362.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1885
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 123.84
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2362.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 62400.0
  • Income Expenses Operating Expenses: 8757.0
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Basement:BrickMortar: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Carport: Yes
  • Water Heater:Solar2: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: Renovated 1885 farmhouse style 3-unit intown South Paris. Unit 1 features 2 bed 1 bath on the first level, unit 2 is a first level efficiency with 1 bed 1bath, Unit 3 is the owners Unit, 3 bed 1 bath, with a sunroom on level 2. A detached building offers 3 carports, one of which is perfect for small yard equipment. You'll find a large greenhouse for all your gardening needs on the rear of the carport building. An additional 1 car garage is under the home and belongs to Unit 3. Over the last 17 years the owners have installed solar panels for Unit 3 hot water, new propane on demand boiler, insulation and most of the roofing. The roof was raised over the kitchen/dining area in Unit 3 to give more head room, along with the walls rebuilt. Each unit has its own circuit breaker box and hot water heater. Great owner occupied building or rental possibility. Ample paved parking.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Other Structures:Shed(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Partial, Not Applicable, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Open, Level, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Screened
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Carport, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 17/MSAD 17

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: PARI-000008U-000000-000050
  • Zoning: Mixed

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 62400.0
  • Annual Operating Expense: 8757.0

Tax Info

  • Tax Annual Amount: 1944.0
  • Tax Lot: 50
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2023
Closed on
Jul 14, 2023
Sold by
Andreadakis John P and Andreadakis Nancy L
Bought by
Cadman Wayne A
Seller's Agent
Pamela Sessions
Kezar Realty
Buyer's Agent
Melissa Morrill
Maine Home Connection
List Price
$292,500
Sold Price
$305,000
Premium/Discount to List
$12,500
4.27%
Current Estimated Value
$304,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$839
Avg. Annual Appreciation
-0.10%
Original Mortgage
$305,000
Outstanding Balance
$296,069
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$8,092
Source: Public Records
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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
Cadman Wayne A $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadman Wayne A $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $305,000 +4.3% $129 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $292,500 -- $124 / Sq Ft
Source: Maine Listings

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 $3,416 $233,000 $36,300 $196,700
2023 $2,510 $155,900 $27,700 $128,200
2022 $2,315 $155,900 $27,700 $128,200
2021 $2,191 $121,700 $21,300 $100,400
2020 $2,215 $121,700 $21,300 $100,400
2019 $2,166 $121,700 $21,300 $100,400
2018 $2,045 $121,700 $21,300 $100,400
2017 $2,045 $121,700 $21,300 $100,400
2016 $2,045 $121,700 $21,300 $100,400
2015 $2,227 $121,700 $21,300 $100,400
2014 $2,465 $137,700 $46,700 $91,000
2013 $2,465 $137,700 $46,700 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1556814

Maine Listings

APN: PARI-000008U-000000-000050

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