NOT LISTED FOR SALE

70 Waldo Ave Rockland, ME 04841

Estimated Value: $353,690 - $403,000

2 Beds
2 Baths
1,582 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $343,000 $217 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,428/month

7 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Furnished
  • Country Club
  • New Englander Architecture
  • No HOA

About This Home

As of December 2022

Great investment rental opportunity! Two unit classic Maine house that has been beautifully renovated and painted in a tasteful, inviting way. Both units are currently rented. Enjoy a great rental income or rent one unit to help pay the mortgage and live in the other. Scenic water views of Rockland Harbor from the second floor kitchen and living room. Just down the road from the Rockland Breakwater and beautiful Samoset Resort and Golf club. Shops and local businesses just minutes away. And only a short drive to the hospital makes this an ideal opportunity. Don't miss it!

Last Agent to Sell the Property

Jacob Oliver

StartPoint Realty Listed on: 11/20/2022

StartPoint Realty

Last Buyer's Agent

Fletcher McNaboe

City + Harbor Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Open Lot

Parking

  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,582 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Laundry on main level

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Tax Lot A4
  • Assessor Parcel Number ROCD-000030A-000000-004000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $6,100
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • Water Body Name: Rockland Harbor - Ocean
  • MLS Status: Closed
  • Directions: from route 1 in Rockland, turn onto Waldo Ave. number 70 is on left a few houses down. GPS friendly.
  • Above Grade Finished Sq Ft: 1582.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1582.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 6100.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Location:Near Country Club: Yes
  • Amenities:Furniture Included: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Other, Laminate
  • Interior Amenities: Furniture Included, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Near Golf Course, Near Shopping, Near Town
  • View: Scenic
  • Waterfront Features: Harbor, Ocean
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 10454.4
  • Parcel #: ROCD-000030A-000000-004000
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 6100.0

Tax Info

  • Tax Annual Amount: 3641.0
  • Tax Book Number: 5641
  • Tax Lot: A4
  • Tax Map Number: 30
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2022
Closed on
Dec 9, 2022
Sold by
Longfellow Steven P
Bought by
Jep Resources 2 Llc
Seller's Agent
Jacob Oliver
StartPoint Realty
Buyer's Agent
Fletcher McNaboe
City + Harbor Real Estate
List Price
$425,000
Sold Price
$343,000
Premium/Discount to List
-$82,000
-19.29%
Current Estimated Value
$385,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,673
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Nov 16, 2020
Sold by
Frazier John S
Bought by
Longfellow Steven P
Seller's Agent
Martin Cates
Cates Real Estate
Buyer's Agent
Rachael Umstead
Lone Pine Real Estate Company
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.74%
Original Mortgage
$240,562
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2013
Closed on
Feb 11, 2014
Sold by
Fortune Timothy P
Bought by
Frazier John S
Seller's Agent
Abby Enggass
RE/MAX JARET & COHN
Buyer's Agent
Michael Woods
ERA Dawson-Bradford Co.
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$171,830
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jep Resources 2 Llc $343,000 None Available
Longfellow Steven P -- None Available
Frazier John S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Longfellow Steven P $240,562
Previous Owner Frazier John S $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $343,000 -19.3% $217 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/20/2022 11/20/22 For Sale $425,000 +73.5% $269 / Sq Ft
11/16/2020 11/16/20 Sold $245,000 -2.0% $181 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $250,000 +42.9% $184 / Sq Ft
02/07/2014 02/07/14 Sold $175,000 -7.4% $129 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $189,000 -- $139 / 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 $3,922 $160,200 $59,800 $100,400
2023 $3,888 $160,200 $59,800 $100,400
2022 $3,910 $161,100 $59,800 $101,300
2021 $3,641 $161,100 $59,800 $101,300
2020 $3,593 $161,100 $59,800 $101,300
2019 $3,974 $160,500 $77,600 $82,900
2018 $3,704 $160,500 $77,600 $82,900
2017 $3,576 $160,500 $77,600 $82,900
2016 $3,486 $160,500 $77,600 $82,900
2015 $3,403 $160,500 $77,600 $82,900
2014 $3,236 $160,500 $77,600 $82,900
2013 $3,133 $160,500 $77,600 $82,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1548559

Maine Listings

APN: ROCD-000030A-000000-004000