NOT LISTED FOR SALE

74 Cobb Rd Camden, ME 04843

Estimated Value: $400,000 - $572,000

4 Beds
2 Baths
1,596 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $229,500 $144 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,070/month

875 Days on Market

Highlights

  • Nearby Water Access
  • Barn
  • Cape Cod Architecture
  • Camden-Rockport Elementary School Rated A-
  • Public Beach
  • Mountain View

About This Home

As of June 2019

A comfortable in-town Camden multi-family arrangement... 2 units (each with 2 bedrooms & bath) with solid rental history. Option #1- Live in one unit and continue to rent the other to help defer ownership expenses. Option #2- continue to rent both units as an investment/owner/landlord. Units recently refreshed and in good repair. Property includes outbuilding with loft for additional storage. Walk to town. Camden School System. Combined monthly rent estimated between $2000-$2400... Nice local opportunity. Also see MLS 1356821 74 Cobb under Residential.. ONLY AVAILABLE TO SHOW ON FRIDAYS OUT OF CONSIDERATION FOR TENANTS...

Last Listed By

John Burgess

Camden Hills Realty Listed on: 11/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1910

Lot Details

  • 0.56 Acre Lot
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,596 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Septic System
  • Private Sewer

Additional Features

  • Property is near a golf course
  • Barn

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 033-000
  • Assessor Parcel Number CAMD-000115-000033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: MOTIVATED SELLER... Lowest priced 2 Unit (Multi Family). Each with 2-bedrooms & bath at 74 Cobb Road off Mechanic as you head out of town. Short distance to town with ease of access to local activities.
  • Above Grade Finished Sq Ft: 1596.0
  • Architectural Style: Duplex, Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.56
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1596.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • View:Mountain(s): Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Other Structures Barn2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Bathtub, Shower
  • Stories: 2

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Wooded, Near Golf Course, Near Public Beach, Near Town
  • View: Mountain(s), Fields
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Barn, Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Other, Common, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24393.6
  • Parcel #: CAMD-000115-000033
  • Zoning: VE

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3022.0
  • Tax Book Number: 1932
  • Tax Lot: 033-000
  • Tax Map Number: 115
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Heaney Stephen and Mccarthy Jennifer
Bought by
Jennifer A Mccarthy Irt and Mccarthy
Total Days on Market
875
Current Estimated Value
$485,977

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jun 13, 2019
Sold by
Laite Parker S and Laite Nancy L
Bought by
Heaney Stephen and Mccarthy Jennifer
Seller's Agent
John Burgess
Camden Hills Realty
Buyer's Agent
Chayann Colby
Maine Country and Coast Real Estate
List Price
$299,900
Sold Price
$229,500
Premium/Discount to List
-$70,400
-23.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$206,550
Interest Rate
4.1%
Mortgage Type
New Conventional

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
Jennifer A Mccarthy Irt -- None Available
Jennifer A Mccarthy Irt -- None Available
Heaney Stephen -- --
Heaney Stephen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heaney Stephen $206,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2019 06/13/19 Sold $229,500 -23.5% $144 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
11/15/2016 11/15/16 For Sale $299,900 -- $188 / 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 $4,512 $429,700 $150,100 $279,600
2023 $4,064 $294,500 $59,900 $234,600
2022 $3,887 $294,500 $59,900 $234,600
2021 $3,369 $219,500 $60,400 $159,100
2020 $3,230 $214,900 $60,400 $154,500
2019 $3,204 $214,900 $60,400 $154,500
2018 $3,022 $203,100 $57,200 $145,900
2017 $3,118 $216,800 $57,200 $159,600
2016 $2,847 $182,600 $60,500 $122,100
2015 $2,763 $182,600 $60,500 $122,100
2014 $2,635 $182,600 $60,500 $122,100
2013 $2,564 $182,600 $60,500 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1288407

Maine Listings

APN: CAMD-000115-000033