NOT LISTED FOR SALE

Estimated Value: $287,000 - $356,000

9 Beds
3 Baths
2,560 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $140,000 $55 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,100/month

2 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Carpet
  • Corner Lot
  • Baseboard Heating
  • 4-minute walk to Kennedy Park

About This Home

As of January 2021

Invest in your future! Fully rented and occupied three unit building. Recent updates make each unit neat and clean. Tenants pay all heat and electric for each apartment. which allows for lower rental amounts.

Last Agent to Sell the Property

Mark Pilot

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: markpilot@masiello.com Listed on: 11/10/2020

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Melissa Greenwood

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1865

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,560 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 353
  • Assessor Parcel Number LEWI-000195-000000-000353

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,896
  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: corner of Walnut and Prince Streets
  • Above Grade Finished Sq Ft: 2560.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1865
  • Attribution Contact: markpilot@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2560.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 23700.0
  • Income Expenses Operating Expenses: 8896.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, 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: 2613.6
  • Parcel #: LEWI-000195-000000-000353
  • Zoning: NCA

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 23700.0
  • Annual Operating Expense: 8896.0

Tax Info

  • Tax Annual Amount: 2580.0
  • Tax Book Number: 10511
  • Tax Lot: 353
  • Tax Map Number: 195
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 4, 2021
Sold by
Brown Dennis J
Bought by
North Atlantic Partners
Seller's Agent
Mark Pilot
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Melissa Greenwood
Fontaine Family-The Real Estate Leader
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%
Current Estimated Value
$336,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,000
Avg. Annual Appreciation
20.02%
Original Mortgage
$105,000
Outstanding Balance
$94,125
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,208

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jan 8, 2021
Sold by
H & S Prop Management Llc
Bought by
Brown Dennis J
Seller's Agent
Mark Pilot
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Melissa Greenwood
Fontaine Family-The Real Estate Leader
List Price
$135,000
Sold Price
$140,000
Premium/Discount to List
$5,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$94,125
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,208

Purchase Details

Closed on
Oct 3, 2020
Sold by
Perry Neal M
Bought by
H & S Prop Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,109
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2013
Closed on
Sep 3, 2013
Sold by
Dupont Madeleine and Dupont Ghislain
Bought by
Perry Neal M
Seller's Agent
Dot Fernald
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Stephen Morgan
Bean Group
List Price
$85,000
Sold Price
$72,000
Premium/Discount to List
-$13,000
-15.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Original Mortgage
$54,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
North Atlantic Partners -- None Available
Brown Dennis J -- None Available
H & S Prop Management Llc -- None Available
Perry Neal M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Dennis J $105,000
Previous Owner H & S Prop Management Llc $62,109
Previous Owner Perry Neal M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $140,000 +3.7% $55 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $135,000 +87.5% $53 / Sq Ft
08/30/2013 08/30/13 Sold $72,000 -15.3% $28 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $85,000 -- $33 / 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 $3,225 $101,500 $11,880 $89,620
2023 $3,045 $101,500 $11,880 $89,620
2022 $2,893 $101,500 $11,880 $89,620
2021 $2,868 $101,500 $11,880 $89,620
2020 $2,580 $90,000 $11,880 $78,120
2019 $2,602 $90,000 $11,880 $78,120
2018 $2,580 $90,000 $11,880 $78,120
2017 $2,522 $90,000 $11,880 $78,120
2016 $2,479 $90,000 $11,880 $78,120
2015 $2,463 $90,000 $11,880 $78,120
2014 $2,393 $90,000 $11,880 $78,120
2013 $2,380 $90,000 $11,880 $78,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1475634

Maine Listings

APN: LEWI-000195-000000-000353