C
Seller's Agent in 2024
Christine Lutz
Realty of Maine
(207) 266-2047
50 Total Sales
739 Union St Bangor, ME 04401
Estimated Value: $382,000 - $457,000
3
Beds
3
Baths
3,082
Sq Ft
$131/Sq Ft
Est. Value
Highlights
- Property is near public transit
- New Englander Architecture
- No HOA
- Wood Flooring
- Main Floor Bedroom
- 2 Car Detached Garage
About This Home
As of October 2024*Back on market due to no fault of the property* Well-maintained 3-unit colonial with 2 car garage in handy Bangor location, near I95, airport and the downtown. This property offers (2) two bedroom units and a 1 bedroom unit, all spacious, with antique charm such as built ins featuring beautiful woodwork, hardwood floors, retro cabinetry and so much more. Heating is efficient with two NTI natural gas boilers, and laundry machines are found in the basement as well as stackables in the 2nd floor apartment. Some kitchen appliances are less than 2 years old for increased efficiency. The 1 acre lot is an unexpected surprise in a city location, offering multiple private spaces for fire pit enjoyment, gardening or yard games. The property has fruit trees and berry bushes, as well as ample wooded space serving as a screen with neighboring properties. The home was recently painted on the exterior (2023-2024). This property is a nice money maker as is, at slightly below market rents, and will make a perfect owner occupied or investment property for a buyer looking for a quality building with much of the work done.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,536
Year Built
- Built in 1920
Lot Details
- 1 Acre Lot
- Landscaped
- Level Lot
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Gravel Driveway
Home Design
- 3,082 Sq Ft Home
- New Englander Architecture
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- No Cooling
- Radiator
- Heating System Uses Natural Gas
- Baseboard Heating
- Water Heated On Demand
- Internet Available
- Cable TV Available
Additional Features
- Laundry on upper level
- Porch
- Property is near public transit
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number BANG-000010-000000-000008
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $12,872
- Gross Income $44,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Oct 25, 2024
Sold by
Deabay Travis R
Bought by
Armistead David T and Armistead V B
Seller's Agent
Christine Lutz
Realty of Maine
Buyer's Agent
Tricia Quirk
ERA Dawson-Bradford Co.
List Price
$395,000
Sold Price
$395,000
Total Days on Market
13
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,798
Avg. Annual Appreciation
4.41%
Original Mortgage
$296,250
Outstanding Balance
$294,816
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,982
Purchase Details
Listed on
Jun 22, 2018
Closed on
Aug 10, 2018
Sold by
Hatch Eleanor E
Bought by
Deabay Travis R
Seller's Agent
Mary Ellen Farrell
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Christine Lutz
Realty of Maine
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$186,558
Interest Rate
4.5%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armistead David T | $395,000 | None Available | |
| Armistead David T | $395,000 | None Available | |
| Deabay Travis R | -- | -- | |
| Deabay Travis R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armistead David T | $296,250 | |
| Closed | Armistead David T | $296,250 | |
| Previous Owner | Deabay Travis R | $186,202 | |
| Previous Owner | Deabay Travis R | $186,558 | |
| Previous Owner | Miller Eleanor H | $77,500 | |
| Previous Owner | Miller Eleanor H | $77,500 | |
| Previous Owner | Miller Eleanor | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2024 10/25/24 | Sold | $395,000 | 0.0% | $128 / Sq Ft |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $395,000 | +104.7% | $128 / Sq Ft |
| 08/08/2018 08/08/18 | Sold | $193,000 | +1.6% | $63 / Sq Ft |
| 06/26/2018 06/26/18 | Pending | -- | -- | -- |
| 06/22/2018 06/22/18 | For Sale | $189,900 | -- | $62 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,999 | $215,600 | $34,800 | $180,800 |
| 2023 | $3,796 | $198,200 | $34,800 | $163,400 |
| 2022 | $3,288 | $161,200 | $32,900 | $128,300 |
| 2021 | $3,278 | $147,000 | $30,400 | $116,600 |
| 2020 | $3,106 | $133,900 | $28,900 | $105,000 |
| 2019 | $2,958 | $128,600 | $28,900 | $99,700 |
| 2018 | $3,117 | $135,800 | $28,900 | $106,900 |
| 2017 | $2,927 | $129,800 | $28,900 | $100,900 |
| 2016 | $2,815 | $125,100 | $28,900 | $96,200 |
| 2015 | $2,779 | $126,600 | $28,900 | $97,700 |
| 2014 | $2,725 | $125,000 | $28,900 | $96,100 |
| 2013 | $2,600 | $125,000 | $28,900 | $96,100 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Lutz
-
Tricia Quirk
Buyer's Agent in 2024
Tricia Quirk
ERA Dawson-Bradford Co.
(207) 944-3361
272 Total Sales
-
Mary Ellen Farrell
Seller's Agent in 2018
Mary Ellen Farrell
Better Homes & Gardens Real Estate/The Masiello Group
(207) 745-0685
43 Total Sales
Map
Source: Maine Listings
MLS Number: 1603645
APN: BANG-000010-000000-000008
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