NOT LISTED FOR SALE

7 Preston Dr Caribou, ME 04736

Estimated Value: $117,000 - $232,000

-- Bed
4 Baths
2,665 Sq Ft
$63/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $72,000 $27 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,003/month

393 Days on Market

Highlights

  • Nearby Water Access
  • Level Lot
  • Heating System Uses Propane
  • No HOA
  • Carpet
  • 1-Story Property

About This Home

As of October 2012

Spacious and updated, this 3-unit offers many updates, including new heat in 2009/2010.The roof is 5 yrs new, each unit has 2 bedrooms and 1 of the units also has 2 baths!Tenants like being close to town yet off a main drag.Kitchens updated.Don't miss!

Last Agent to Sell the Property

Lehrle Kieffer

Kieffer Real Estate Listed on: 08/31/2011

Last Buyer's Agent

Lehrle Kieffer

Kieffer Real Estate Listed on: 08/31/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4 Full Bathrooms
  • 2,665 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 38E
  • Assessor Parcel Number 7Preston DriveCaribou3738E

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: T
  • Directions: At the "Y" in the road near the high school, Sweden St. and Woodland Ctr Rd., bear left onto the Woodland Center Road. Preston Dr. is the first right. The apartment building has a sign.
  • Above Grade Finished Sq Ft: 2665.0
  • Architectural Style: Other Style
  • Building Stories: 1
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2665.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 13800.0
  • Parking:On Site2: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Metal Clad: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Metal Clad, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 7Preston DriveCaribou3738E
  • Zoning: C-2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 13800.0

Tax Info

  • Tax Annual Amount: 1548.0
  • Tax Book Number: 1829
  • Tax Lot: 38E
  • Tax Map Number: 37
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2011
Closed on
Oct 11, 2012
Sold by
Thibodeau Delman and Thibodeau Marilyn
Bought by
Richards Christopher R
Seller's Agent
Lehrle Kieffer
Kieffer Real Estate
Buyer's Agent
Lehrle Kieffer
Kieffer Real Estate
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%
Current Estimated Value
$155,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,321
Avg. Annual Appreciation
7.09%
Original Mortgage
$50,400
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
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
Richards Christopher R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C Ray Management Llc $95,000
Closed Richards Christopher R $120,000
Closed Richards Christopher R $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2012 10/17/12 Sold $72,000 -15.3% $27 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
08/31/2011 08/31/11 For Sale $85,000 -- $32 / 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 $1,840 $86,000 $19,800 $66,200
2023 $1,677 $86,000 $19,800 $66,200
2022 $1,641 $69,700 $17,200 $52,500
2021 $1,641 $69,700 $17,200 $52,500
2020 $1,641 $69,700 $17,200 $52,500
2019 $1,711 $69,700 $17,200 $52,500
2018 $1,652 $69,700 $17,200 $52,500
2017 $1,666 $69,700 $17,200 $52,500
2016 $1,596 $69,700 $17,200 $52,500
2015 $1,565 $69,700 $17,200 $52,500
2014 $1,554 $69,700 $17,200 $52,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1028069

Maine Listings

APN: CARI-000037-000000-000038-E000000