$200,000
SOLD APR 2, 2020

716 Empire Rd Poland, ME 04274

-- Bed
2 Baths
2,942 Sq Ft
1.65 Acres

Recently Sold

$68 Per Sq Ft

98% Below List Price

124 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • No HOA
  • Deck
  • Corner Lot
  • 3 Car Attached Garage

About This Home

As of April 2020

Great income producing property, 3 bedroom cape with attached 3 car garage and apartment above Also an additional unattached 1 car garage, large deck. Upstairs apartment is open concept with 3 bedrooms and large bathroom with double sinks.

Last Agent to Sell the Property

Tammy Caron

TLC Realty, LLC Listed on: 09/04/2019

Last Buyer's Agent

Beth Bell

RE/MAX River Cities

RE/MAX River Cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,105

Year Built

  • Built in 1875

Lot Details

  • 1.65 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Deck
  • Pasture

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number POLA-000008-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,105

Year Built

Built in 1875

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.65
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 121 Auburn (Minot Ave towards Mechanic Falls) left onto Empire Road just before Minot Country Store follow Empire to #716
  • Above Grade Finished Sq Ft: 2942.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.65
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2942.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Site:PastureField: Yes
  • Water Heater:Tank: Yes
  • Amenities:In-Law Apartment: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: In-Law Floorplan, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Pasture, Near Shopping, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 71874.0
  • Parcel #: POLA-000008-000000-000042
  • Zoning: R

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3105.0
  • Tax Book Number: 7381
  • Tax Lot: 42
  • Tax Map Number: 8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Footman Derek J
Bought by
Footman Aimee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$188,773
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$154,536

Purchase Details

Listed on
Sep 4, 2019
Closed on
Apr 2, 2020
Sold by
Russell Cynthia A
Bought by
Footman Derek J and Footman Aimee L
Seller's Agent
Tammy Caron
TLC Realty, LLC
Buyer's Agent
Beth Bell
RE/MAX River Cities
List Price
$9,032,020
Sold Price
$200,000
Premium/Discount to List
-$8,832,020
-97.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$196,377
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2008
Sold by
Hart Joshua
Bought by
Martin Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.57%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 Purchase Money Mortgage
Previous Owner $206,315 Stand Alone Refi Refinance Of Original Loan
Previous Owner $196,377 FHA
Previous Owner $20,000 Unknown
Previous Owner $172,000 Purchase Money Mortgage
Previous Owner $65,000 Unknown
Previous Owner $145,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $459,000 +129.5% $156 / Sq Ft
04/02/2020 04/02/20 Sold $200,000 -97.8% $68 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $9,032,020 -- $3,070 / 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 $4,157 $251,500 $91,300 $160,200
2023 $3,430 $251,500 $91,300 $160,200
2022 $3,166 $209,700 $76,100 $133,600
2021 $3,130 $207,300 $76,100 $131,200
2020 $3,047 $207,300 $76,100 $131,200
2019 $3,105 $207,300 $76,100 $131,200
2018 $3,105 $207,250 $76,070 $131,180
2016 $2,982 $207,250 $76,070 $131,180
2015 $2,943 $207,250 $76,070 $131,180
2014 $2,902 $207,250 $76,070 $131,180
2013 $2,829 $207,250 $76,070 $131,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1431749

Maine Listings

APN: POLA-000008-000000-000042