NOT LISTED FOR SALE

734 Main St Caribou, ME 04736

Estimated Value: $232,000 - $432,000

4 Beds
6 Baths
-- Sq Ft
0.68 Acres

Last Sold January 31, 2019

Last sale price $265,000

Est. 24% increase in value since last sale

Current estimated payment $2,335/month

24 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • No HOA
  • Colonial Architecture
  • 1 Fireplace
  • Porch

About This Home

As of January 2019

734 Main Street consists of 6 apartments in two properties, the 'main' house and the 'motel.' The main house has two apartments, The downstairs apartment has been thoroughly renovated and includes two bedrooms, . The upstairs apartment also has two bedrooms. These two apartments share a common coin-op laundry room. The basement of this lovely older home has been spray-foam insulated, making it very energy-efficient. The motel consists of 4 units, two bedrooms, two bathrooms, This property sits on a ridge with a beautiful view south towards downtown. Each unit in the 'motel' is on the ground floor.The driveway is a dead-end so it is very quiet and private, There are six dedicated garage spaces for these six units, so everyone has a place to park out of the weather Each unit is heated by electricity, paid for by the tenants. These units are in high demand, because they are conveniently located, all ground floor, have a space in the garage and have two bathrooms.

Last Agent to Sell the Property

Catherine Duffy

Progressive Realty Listed on: 11/25/2018

Last Buyer's Agent

Ann Jepson

Progressive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1920

Lot Details

  • 0.68 Acre Lot
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 6 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 1 Fireplace
  • Scenic Vista Views

Flooring

  • Wood
  • Carpet
  • Laminate

Unfinished Basement

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

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 734mainstreetcariboumaine04736

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,029

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Driving from Downtown Caribou, up North Main Hill towards Cary Medical Center. Both Properties are on your left!
  • Architectural Style: Colonial, Ranch
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.68
  • Property Information:Total Baths: 6.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 6.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 6
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Near Shopping, Neighborhood
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: 21+ Spaces, Paved

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 29620.8
  • Parcel #: 734mainstreetcariboumaine04736
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 6029.0
  • Tax Book Number: 4858
  • Tax Lot: 143
  • Tax Map Number: 35
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2018
Closed on
Jan 31, 2019
Sold by
Iron Clad Properties Llc
Bought by
Michaud Andrew J
Seller's Agent
Catherine Duffy
Progressive Realty
Buyer's Agent
Ann Jepson
Progressive Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$327,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,729
Avg. Annual Appreciation
2.25%
Original Mortgage
$212,000
Interest Rate
4.6%
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 Buyer Sale Price Title Company
Michaud Andrew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaud Andrew J $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $265,000 -3.6% --
12/20/2018 12/20/18 Pending -- -- --
11/25/2018 11/25/18 For Sale $275,000 -- --
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 $7,163 $334,700 $17,000 $317,700
2023 $6,527 $334,700 $17,000 $317,700
2022 $5,942 $252,300 $14,800 $237,500
2021 $5,942 $252,300 $14,800 $237,500
2020 $5,942 $252,300 $14,800 $237,500
2019 $6,194 $252,300 $14,800 $237,500
2018 $5,980 $252,300 $14,800 $237,500
2017 $6,030 $252,300 $14,800 $237,500
2016 $5,778 $252,300 $14,800 $237,500
2015 $5,667 $252,300 $14,800 $237,500
2014 $5,626 $252,300 $14,800 $237,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1377472

Maine Listings

APN: CARI-000035-000000-000143