NOT LISTED FOR SALE

7 Temple St Hallowell, ME 04347

Estimated Value: $357,000 - $428,000

4 Beds
2 Baths
1,878 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $305,000 $162 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,315/month

14 Days on Market

Highlights

  • River Front
  • Cape Cod Architecture
  • Wood Flooring
  • The property is located in a historic district
  • Deck
  • 5-minute walk to Granite City Park

About This Home

As of March 2022

Low maintenance 2 unit intown Hallowell. One side is fully furnished with everything needed to feel at home. This unit rents for $1200.00/month with everything included. The owners unit has an updated oak kitchen with newer stainless appliances, formal dining, living room, full bath with washer/dryer, 2 bedrooms. Updates include: New boiler, roof, windows, siding, hot water heater. The property has a nice lawn area, deck, paved drive. Live for next to nothing!!

Last Agent to Sell the Property

Chris Vallee

LAER Listed on: 11/19/2021

Last Buyer's Agent

Jessica Wallimann

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • River Front
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,878 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Outbuilding

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Air Conditioning
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number HALL-000009-000000-000136

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,361

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Kennebec River
  • MLS Status: Closed
  • Directions: From Water St, turn up Temple Street. First home on right. Sign on property
  • Above Grade Finished Sq Ft: 1878.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 159.74
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1878.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 14400.0
  • Parking:On Site2: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Basement:Sump Pump: Yes
  • Amenities:In-Law Apartment: Yes
  • Foundation Materials:Granite2: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: ow maintenance 2 unit intown Hallowell. One side is fully furnished with everything needed to feel at home. This unit rents for $1200.00/month with everything included. The owners unit has an updated oak kitchen with newer stainless appliances, formal dining, living room, full bath with washer/dryer, 2 bedrooms. Updates include: New boiler, roof, windows, siding, hot water heater. The property has a nice lawn area, deck, paved drive. Live for next to nothing!!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: In-Law Floorplan
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Historic District, Intown
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 5227.2
  • Parcel #: HALL-000009-000000-000136
  • Zoning: downtown

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 3361.0
  • Tax Lot: 136
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Mar 4, 2022
Sold by
Sutherland Warren D
Bought by
Varney Rebecca M
Seller's Agent
Chris Vallee
LAER
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$387,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,728
Avg. Annual Appreciation
6.40%
Original Mortgage
$244,000
Outstanding Balance
$226,529
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$161,199

Purchase Details

Listed on
Aug 9, 2020
Closed on
Dec 11, 2020
Sold by
Lapierre Carmen and Lapierre Roland
Bought by
Sutherland Warren D
Seller's Agent
Lewis Benner
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Chris Vallee
LAER
List Price
$249,500
Sold Price
$225,000
Premium/Discount to List
-$24,500
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.06%
Original Mortgage
$220,899
Interest Rate
2.8%
Mortgage Type
FHA
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
Varney Rebecca M $305,000 None Available
Sutherland Warren D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varney Rebecca M $244,000
Previous Owner Sutherland Warren D $220,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $305,000 +1.7% $162 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $300,000 +33.3% $160 / Sq Ft
12/11/2020 12/11/20 Sold $225,000 -9.8% $120 / Sq Ft View Prior Sale
10/27/2020 10/27/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $249,500 -- $133 / 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 $3,449 $173,300 $41,900 $131,400
2023 $2,907 $126,100 $30,500 $95,600
2022 $2,799 $126,100 $30,500 $95,600
2021 $2,686 $126,100 $30,500 $95,600
2020 $2,711 $126,100 $30,500 $95,600
2019 $2,686 $126,100 $30,500 $95,600
2018 $2,484 $126,100 $30,500 $95,600
2017 $2,484 $126,100 $30,500 $95,600
2016 $2,291 $121,200 $30,500 $90,700
2015 $2,133 $121,200 $30,500 $90,700
2014 $2,133 $121,200 $30,500 $90,700
2013 $2,073 $121,200 $30,500 $90,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1515125

Maine Listings

APN: HALL-000009-000000-000136