NOT LISTED FOR SALE
-- Bed
9 Baths
6,480 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: April 12, 2018

Last sale price $575,000 $89 Per Sq Ft

9 Days on Market

Highlights

  • Access to Tidal Water
  • The property is located in a historic district
  • Deck
  • Boat Slip
  • Solar Power System
  • Contemporary Architecture

About This Home

As of April 2018

Investment opportunity with a 9 unit multifamily with energy efficient construction and systems. Solar panels,designed on a net-zero basis, provide heat and lights affording tenants an attractive, all inclusive rent and landlord convenience. Low maintenance construction materials intended to provide lasting value. High gross rental with steady 7 year history. Paved parking. All inclusive low rents and convenient location to waterfront, employment and cultural centers equate to low vacancy rate.

Last Agent to Sell the Property

Russell Wolfertz Jr

ERA Dawson-Bradford Co. Listed on: 03/02/2018

Last Buyer's Agent

Russell Wolfertz Jr

ERA Dawson-Bradford Co. Listed on: 03/02/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 20,038 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • New Englander Architecture
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Structural Insulated Panel System
  • Fiberglass Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 9 Full Bathrooms
  • 6,480 Sq Ft Home
  • 3-Story Property

Flooring

  • Tile
  • Vinyl

Home Security

  • Fire Sprinkler System
  • Fire Suppression System

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access
  • Deep Water Access
  • River Nearby
  • Boat Slip
  • Deck

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 001
  • Assessor Parcel Number THON-000102-000000-277000

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Gross Income $922,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

0.46 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Architectural Style: Contemporary, New Englander
  • Building Stories: 3
  • Year Built: 2012
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 88.73
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Below Grade: 6480.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 9
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 922800.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Basement:Slab2: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Bank Owned REO: Yes
  • Equipment:Cable: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Style:New Englander: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Fiberglass: Yes
  • Heat Fuel:Solar: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Structural Insulated Panels: Yes
  • Recreational Water:Boat Slip: Yes
  • Electric:Solar3: Yes
  • Advertising Remarks:Advertising Remarks: Investment opportunity with a 9 unit multifamily with energy efficient construction and systems. Solar panels,designed on a net-zero basis, provide heat and lights affording tenants an attractive, all inclusive rent and landlord convenience. Low maintenance construction materials intended to provide lasting value. High gross rental with steady 7 year history. Paved parking. All inclusive low rents and convenient location to waterfront, employment and cultural centers equate to low vacancy rate.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 9
  • Below Grade Sq Ft: 6480.0
  • Fireplace: No
  • Flooring: Vinyl, Tile, Other
  • Stories: 3

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Historic District, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Other Exterior, Structural Insulated Panels, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Fiberglass
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site

Utilities

  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Solar, 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: 20037.6
  • Parcel #: THON-000102-000000-277000
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 922800.0

Tax Info

  • Tax Annual Amount: 14635.0
  • Tax Lot: 001
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.031%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 8, 2018
Sold by
Bought by
Seller's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
Buyer's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 12, 2018
Sold by
Bought by
Seller's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
Buyer's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0443%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Feb 14, 2018
Sold by
Bought by
Seller's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
Buyer's Agent
Russell Wolfertz Jr
ERA Dawson-Bradford Co.
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0443%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,000
Previous Owner $580,000
Previous Owner $250,000
Previous Owner $1,002,931
Previous Owner $60,668
Previous Owner $100,000
Closed $139,000
Previous Owner $510,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $575,000 -8.0% $89 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $625,000 -- $96 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $27,815 $1,250,100 $74,600 $1,175,500
2024 $25,002 $1,250,100 $74,600 $1,175,500
2023 $23,627 $1,250,093 $74,623 $1,175,470
2022 $16,440 $753,433 $74,623 $678,810
2021 $16,221 $753,433 $74,623 $678,810
2020 $16,598 $753,433 $74,623 $678,810
2019 $16,824 $753,433 $74,623 $678,810
2018 $15,789 $754,382 $75,572 $678,810
2017 $14,635 $754,381 $75,571 $678,810
2016 $14,092 $754,382 $75,572 $678,810
2015 $13,602 $754,382 $75,572 $678,810
2014 $12,553 $754,382 $75,572 $678,810
2013 $11,432 $682,932 $75,572 $607,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1339639

Maine Listings
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