NOT LISTED FOR SALE

740 Cape Rd Limington, ME 04049

Limington Neighborhood

Estimated Value: $112,097

-- Bed
2 Baths
1,968 Sq Ft
$57/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $69,599 $35 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $842/month

152 Days on Market

Highlights

  • 4 Acre Lot
  • New Englander Architecture
  • Hot Water Heating System
  • Wood Flooring
  • No HOA
  • Open Lot

About This Home

As of July 2017

PRICE REDUCED! A rare rural investment property! Large 2 Family situated on 4 acres, has undergone some renovations and with some more handywork will make for a great investment property. Wood floors, large kitchens and rooms through out.

Last Agent to Sell the Property

Martin Macisso JR.

Regency Realty Group Listed on: 01/06/2017

Co-Listed By

Matthew Chamberlain

Regency Realty Group

Last Buyer's Agent

Rachel Lorraine

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,676

Year Built

  • Built in 1900

Lot Details

  • 4 Acre Lot
  • Rural Setting
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,968 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 49A
  • Assessor Parcel Number LIMI-000002R-000000-000049

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,676

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.0
  • Co List Office Phone: 207-253-1500
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1968.0
  • Architectural Style: New Englander
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 35.37
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1968.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Parcel #: LIMI-000002R-000000-000049
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1676.0
  • Tax Lot: 49A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev
Current Estimated Value
$112,097

Purchase Details

Closed on
Oct 3, 2011
Sold by
Jacobson Cary M and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Department Of Housing & Urban Dev -- --
Wells Fargo Bank Na $96,114 --
Wells Fargo Bank Na $96,114 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $69,599 -59.1% $35 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $170,000 -- $86 / 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 $3,042 $271,600 $108,000 $163,600
2024 $3,050 $271,600 $108,000 $163,600
2023 $2,778 $271,600 $108,000 $163,600
2022 $2,269 $153,800 $72,000 $81,800
2021 $2,030 $153,800 $72,000 $81,800
2020 $1,892 $153,800 $72,000 $81,800
2019 $1,892 $153,800 $72,000 $81,800
2017 $1,815 $153,800 $72,000 $81,800
2016 $1,730 $153,800 $72,000 $81,800
2015 $1,676 $153,800 $72,000 $81,800
2014 $1,676 $153,800 $72,000 $81,800
2013 $1,615 $153,800 $72,000 $81,800
Source: Public Records

Agents Affiliated with this Home

  • Martin Macisso JR.

    Seller's Agent in 2017

    Martin Macisso JR.

    Regency Realty Group

    (207) 400-4413

    1 in this area

    25 Total Sales

    Martin Macisso JR.
    Section Image
  • Matthew Chamberlain

    Seller Co-Listing Agent in 2017

    Matthew Chamberlain

    Regency Realty Group

    (207) 450-7653

    79 Total Sales

    Matthew Chamberlain
    Section Image

  • R

    Buyer's Agent in 2017

    Rachel Lorraine

    Century 21 North East

See All Agents

Map

Source: Maine Listings

MLS Number: 1292047

Maine Listings

APN: LIMI-000002R-000000-000049

Maine York County Limington 04049 Limington

740 Cape Rd, Limington, ME

Not Listed for Sale

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