NOT LISTED FOR SALE

7 Porter St South Paris, ME 04281

Estimated Value: $312,000 - $409,000

3 Beds
4 Baths
3,425 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $260,000 $76 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,362/month

10 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Victorian Architecture
  • Above Ground Pool
  • Main Floor Bedroom
  • Attic

About This Home

As of January 2022

This gorgeous Victorian property has so many possibilities! Currently configured for a 4 unit, it has been used as a B & B, was partially owner occupied with an in-law suite and used as rentals. How will you use this fantastic property? Each ''unit'' has 1 bedroom, 1 bathroom. Closed doors make 4 units, open doors make a beautiful single family home. It sits on a 0.37 acre lot high on a hill. There's a beautiful porch on the first floor and above it, a screened porch with fantastic views. You'll have the above ground pool with raised deck for lovely summer days. A nice fenced in back yard with utility shed for lawn tools and pool toys! If you are looking for flexible living space and potential rental income, this is one place you need to see! Don't hesitate to arrange your private showing! We can't wait for you to see this!

Last Agent to Sell the Property

Cathleen Manchester

Keller Williams Realty Listed on: 11/03/2021

Keller Williams Realty

Co-Listed By

David Fournier

Keller Williams Realty

Last Buyer's Agent

Amy Fontaine

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1880

Lot Details

  • 0.37 Acre Lot
  • Rural Setting
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 3,425 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screened Porch
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Above Ground Pool
  • Nearby Water Access
  • River Nearby
  • Shed

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number PARI-000009U-000000-000054

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $11,710
  • Gross Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,810

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Park St (Route 26) South Paris to Porter Street to #7 on Right.
  • Above Grade Finished Sq Ft: 3425.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3425.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 7200.0
  • Income Expenses Operating Expenses: 11709.8
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Exterior:Fiber Cement: Yes
  • Amenities:Pool-Above Ground: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Partial, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Stories: 2

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Town, Neighborhood, Rural
  • Pool Features: Above Ground
  • Waterfront: No
  • Construction Type: Wood Siding, Fiber Cement, Wood Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • 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: 16117.2
  • Parcel #: PARI-000009U-000000-000054
  • Zoning: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 7200.0
  • Annual Operating Expense: 11709.8

Tax Info

  • Tax Annual Amount: 2810.0
  • Tax Book Number: 5157
  • Tax Lot: 54
  • Tax Map Number: 9U
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 14, 2022
Sold by
Meehan Patricia A and Meehan Sean
Bought by
Rogers Samantha
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Amy Fontaine
EXP Realty
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$357,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,494
Avg. Annual Appreciation
7.79%
Original Mortgage
$195,000
Outstanding Balance
$181,416
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,442

Purchase Details

Listed on
Aug 22, 2013
Closed on
Sep 5, 2014
Sold by
Magee Terrence L and Dupuis Diane A
Bought by
Meehan Sean and Meehan Patricia A
Seller's Agent
Helen Robillard
Keller Williams Realty
Buyer's Agent
Helen Robillard
Keller Williams Realty
List Price
$155,000
Sold Price
$100,000
Premium/Discount to List
-$55,000
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$75,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2007
Sold by
Dupuis Diane A
Bought by
Magee Terrence L and Dupuis Diane A
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Rogers Samantha $260,000 None Available
Meehan Sean -- --
Magee Terrence L $1,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Samantha $195,000
Previous Owner Meehan Sean $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $260,000 0.0% $76 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $260,000 +160.0% $76 / Sq Ft
08/29/2014 08/29/14 Sold $100,000 -35.5% $29 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
08/27/2013 08/27/13 For Sale $155,000 -- $45 / 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 $5,143 $350,800 $42,600 $308,200
2023 $4,321 $268,400 $32,600 $235,800
2022 $3,818 $257,100 $32,600 $224,500
2021 $2,810 $156,100 $25,100 $131,000
2020 $2,841 $156,100 $25,100 $131,000
2019 $2,779 $156,100 $25,100 $131,000
2018 $2,601 $154,800 $25,100 $129,700
2017 $2,601 $154,800 $25,100 $129,700
2016 $2,601 $154,800 $25,100 $129,700
2015 $2,833 $154,800 $25,100 $129,700
2014 $3,354 $187,400 $61,900 $125,500
2013 $3,354 $187,400 $61,900 $125,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1513873

Maine Listings

APN: PARI-000009U-000000-000054