NOT LISTED FOR SALE

Estimated Value: $278,000 - $462,000

5 Beds
3 Baths
-- Sq Ft
0.54 Acres

Last Sold July 29, 2016

Last sale price $117,000

Est. 216% increase in value since last sale

Current estimated payment $2,457/month

151 Days on Market

Highlights

  • Country Club
  • Colonial Architecture
  • No HOA
  • Orono Middle School Rated A
  • Wood Flooring
  • 4-minute walk to Webster Park

About This Home

As of July 2016

Great investment opportunity with this 3 unit building located in the heart of Orono. On the bus route for students needing a ride to campus or around town. Two 3 bedroom apartments and one 1 bedroom apartment. Plenty of parking. Close to the University of Maine and downtown Orono.

Last Listed By

Chad Bradbury

ERA Dawson-Bradford Co. Listed on: 01/20/2016

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 0.54 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

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

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 74northmainavenueoronomaine04473

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.54
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North on Main Street in Orono, turn right onto North Main Avenue. Go through the 1st stop sign and property is on the left.
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1860
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.54
  • Property Information:Total Baths: 3.0
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Golf Course
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23522.4
  • Parcel #: 74northmainavenueoronomaine04473
  • Zoning: mdr

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3379.0
  • Tax Book Number: 11094
  • Tax Lot: 135
  • Tax Map Number: 020
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Brown Travis W
Bought by
Orono Properties Llc
Total Days on Market
151
Current Estimated Value
$369,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Outstanding Balance
$240,632
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,035

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jul 29, 2016
Sold by
Umaine Properties Llc
Bought by
Brown Travis W
Seller's Agent
Chad Bradbury
ERA Dawson-Bradford Co.
Buyer's Agent
Scott Thomas
Maine Discount Realty
List Price
$150,000
Sold Price
$117,000
Premium/Discount to List
-$33,000
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Original Mortgage
$93,600
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2007
Sold by
Graiver Loni
Bought by
Ume Properties Llc

Range of Values:

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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
Orono Properties Llc -- Liberty Title
Brown Travis W -- --
Ume Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orono Properties Llc $257,500
Previous Owner Brown Travis W $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $117,000 -22.0% --
06/20/2016 06/20/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $150,000 -- --
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 $4,923 $230,600 $48,200 $182,400
2023 $4,905 $209,600 $43,800 $165,800
2022 $4,988 $209,600 $43,800 $165,800
2021 $4,978 $209,600 $43,800 $165,800
2020 $3,890 $138,500 $49,800 $88,700
2019 $3,663 $138,500 $49,800 $88,700
2018 $3,740 $138,500 $49,800 $88,700
2017 $3,601 $138,500 $49,800 $88,700
2016 $3,442 $138,500 $49,800 $88,700
2015 $3,379 $138,500 $49,800 $88,700
2014 $3,303 $138,500 $49,800 $88,700
2013 $3,213 $138,500 $49,800 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1248921

Maine Listings

APN: ORON-020003-000000-000135