NOT LISTED FOR SALE

700 N Searsport Rd Unit 1, 2 & 3 Frankfort, ME 04438

-- Bed
3 Baths
3,000 Sq Ft
15 Acres

Last Sold June 21, 2022

Last sale price $293,000 $98 Per Sq Ft

10 Days on Market

Highlights

  • Additional Residence on Property
  • Colonial Architecture
  • Main Floor Bedroom
  • View of Trees or Woods
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

Investment Opportunity! This property has endless possibilities. You can live in one unit and rent out the other or use it as an in-law suite. Both kitchens are new. Both units have large bedrooms and bathrooms. There is a camp/cabin out back that is all prepped for power and water with brand new systems all it needs is some finishing trim and sinks. There is also a 24x24 pad about 300 yards from the cabin. This property is great for toys, hunting, air bnb you name it! Property can be used for homesteading. It is within the Hampden School District, 15 minutes to Belfast and just 5 minutes from the Swan Lake State Park. It also has a brand new well pump and expansion tank as well as a brand new on demand hot water and heat. This can also be converted to a single family home.

Last Listed By

Laura McDonald

ERA Dawson-Bradford Co. Listed on: 05/06/2022

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,958

Year Built

  • Built in 2012

Lot Details

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

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Camp Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Crawl Space
  • Stove
  • Laundry on upper level

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Well
  • Water Heated On Demand
  • Oil Water Heater
  • Private Sewer

Additional Features

  • Additional Residence on Property
  • Pasture

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number FRAT-000001-000000-000039

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $4,125
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,958

Year Built

Built in 2012

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 15.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take 1A through Hampden and Winterport to Frankfort, make a right on Loggin Rd, then left on N Searsport Rd for a few minutes. House will be on the left
  • Above Grade Finished Sq Ft: 3000.0
  • Architectural Style: Colonial, Camp
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 2012
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 15.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3000.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 30000.0
  • Income Expenses Operating Expenses: 4125.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Style:Camp: Yes
  • Property Information:Deed Restrictions: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Electric:Fuses: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: None, Crawl Space, Not Applicable
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living
  • Stories: 2

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Pasture, Rural
  • View: Trees/Woods, Fields
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 653400.0
  • Parcel #: FRAT-000001-000000-000039
  • Zoning: Mixed Use

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 4125.0

Tax Info

  • Tax Annual Amount: 2958.0
  • Tax Book Number: 4544
  • Tax Lot: 39
  • Tax Map Number: 1
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2022 06/21/22 Sold $293,000 -0.7% $98 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $295,000 -- $98 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527311

Maine Listings