NOT LISTED FOR SALE

73 Roberts Cemetery Rd Vinalhaven, ME 04863

Estimated Value: $448,831 - $564,000

-- Bed
5.5 Baths
6,560 Sq Ft
$77/Sq Ft Est. Value

Last Sold March 13, 2021

Last sale price $299,000 $46 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,003/month

98 Days on Market

Highlights

  • 3.7 Acre Lot
  • Ranch Style House
  • No HOA
  • Wooded Lot
  • Wood Flooring
  • Zoned Heating

About This Home

As of March 2021

An amazing investment opportunity. Own a 3 unit multi-family with potential to add more units. This 6500 square foot log home has three turn key apartments which can support the purchase in monthly rent. Two units have two bedroom and full bath and larger middle unit has thee full bathrooms, one half bath, three bedrooms, a large entertaining area with cathedral ceilings, large brick fireplace and updated kitchen. Behind the middle unit there is as single lane bowling alley. The surrounding 3.7 acres are wooded and there is a large lawn area to the right of the property. Property also has an oversized septic and well which would easily support 1-2 more units. Take advantage of this amazing opportunity!

Last Agent to Sell the Property

Lorraine Walker

Vinalhaven Realty Listed on: 08/10/2020

Last Buyer's Agent

Claire Jackson

Rock Coast Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,912

Year Built

  • Built in 1995

Lot Details

  • 3.7 Acre Lot
  • Dirt Road
  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Shingle Roof
  • Log Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,560 Sq Ft Home
  • Wood Flooring

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 17B
  • Assessor Parcel Number 73RobertsCemetaryRoadVinalhavenMaine04863

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $18,000
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,912

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.7
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 6560.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 45.58
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.7
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6560.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 21600.0
  • Income Expenses Operating Expenses: 18000.0
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Roads:GravelDirt: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Construction:Log: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Wooded, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Log Siding, Log
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • Exterior:Log Siding: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 161172.0
  • Parcel #: 73RobertsCemetaryRoadVinalhavenMaine04863
  • Zoning: Residential/Com

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 18000.0

Tax Info

  • Tax Annual Amount: 3912.48
  • Tax Lot: 17B
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Mar 12, 2021
Sold by
Young Shannon
Bought by
Candlepin Rentals Llc
Seller's Agent
Lorraine Walker
Vinalhaven Realty
Buyer's Agent
Claire Jackson
Rock Coast Realty
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$506,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,416
Avg. Annual Appreciation
11.76%
Original Mortgage
$200,000
Outstanding Balance
$178,469
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$327,947

Purchase Details

Closed on
Apr 30, 2015
Sold by
Charles H Miller Ret and Miller
Bought by
Young Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,683
Interest Rate
3.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Warren Charles Herbert and Gibson Ruth Star
Bought by
Charles H Miller Ret and Miller
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Candlepin Rentals Llc -- None Available
Candlepin Rentals Llc -- None Available
Young Shannon -- --
Charles H Miller Ret -- --
Charles H Miller Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Candlepin Rentals Llc $200,000
Closed Candlepin Rentals Llc $200,000
Previous Owner Young Shannon $259,683
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2021 03/13/21 Sold $299,000 0.0% $46 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $299,000 -- $46 / 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
2025 $4,064 $303,300 $35,300 $268,000
2024 $3,913 $303,300 $35,300 $268,000
2023 $3,731 $303,300 $35,300 $268,000
2022 $3,552 $303,300 $35,300 $268,000
2021 $4,238 $308,700 $40,700 $268,000
2020 $4,144 $304,000 $36,700 $267,300
2019 $3,912 $304,000 $36,700 $267,300
2018 $3,856 $314,300 $52,100 $262,200
2017 $3,426 $300,300 $52,100 $248,200
2016 $3,427 $302,700 $52,100 $250,600
2015 $3,075 $302,700 $52,100 $250,600
2014 $3,012 $302,700 $52,100 $250,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1463815

Maine Listings

APN: VINA-000003-000000-000017B