NOT LISTED FOR SALE

705 Roosevelt Trail Windham, ME 04062

Estimated Value: $402,000 - $468,000

4 Beds
2 Baths
2,160 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $240,000 $111 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,563/month

11 Days on Market

Highlights

  • New Englander Architecture
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Zoned Heating
  • Carpet

About This Home

As of June 2020

Visible location, commercially zoned, directly across the street from Aroma Joe's and in the heart of the Windham shopping district. This property offers many opportunities with a level lot, large paved parking area, public water and updated septic system. Currently being used as a multi-family and is fully rented.

Last Agent to Sell the Property

Marc Chadbourne

Gardner Real Estate Group Listed on: 04/16/2020

Last Buyer's Agent

Tom Noonan

Allied Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1900

Lot Details

  • 0.8 Acre Lot
  • Corner Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Septic System
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 705rooseveltwindham04062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,676

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.8
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 108.8
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.8
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2160.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Visible location, commercially zoned, directly across the street from Aroma Joe's and in the heart of the Windham shopping district. This property offers many opportunities with a level lot, large paved parking area, public water and updated septic system. Currently being used as a multi-family and is fully rented. Call Marc Chadbourne at 207-465-5569 for more info.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 705rooseveltwindham04062
  • Zoning: C-1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2676.0
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jun 19, 2020
Sold by
705 Roosevelt Llc
Bought by
Wilmot Abram J
Seller's Agent
Marc Chadbourne
Gardner Real Estate Group
Buyer's Agent
Tom Noonan
Allied Real Estate
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$423,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,836
Avg. Annual Appreciation
10.69%
Original Mortgage
$180,000
Outstanding Balance
$159,556
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$264,280

Purchase Details

Closed on
Jan 10, 2020
Sold by
Rpwiii Llc
Bought by
Seven Hundred 5 Roosevelt

Purchase Details

Closed on
Sep 30, 2009
Sold by
R & M Properties Llc
Bought by
R & M Properties Llc
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
Wilmot Abram J -- None Available
Seven Hundred 5 Roosevelt -- None Available
R & M Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilmot Abram J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $240,000 +2.1% $111 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/16/2020 04/16/20 For Sale $235,000 -- $109 / 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 $4,317 $376,400 $99,400 $277,000
2023 $4,006 $357,700 $92,400 $265,300
2022 $3,613 $311,200 $84,400 $226,800
2021 $3,474 $275,700 $73,600 $202,100
2020 $2,742 $182,800 $64,500 $118,300
2019 $2,676 $182,800 $64,500 $118,300
2018 $2,380 $156,800 $57,900 $98,900
2017 $2,108 $128,300 $51,900 $76,400
2016 $1,945 $123,900 $51,900 $72,000
2015 $1,877 $123,900 $51,900 $72,000
2014 $1,818 $123,900 $51,900 $72,000
2013 -- $123,900 $51,900 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1449598

Maine Listings

APN: WINM-000054-000005-A000001