NOT LISTED FOR SALE

Estimated Value: $243,000 - $280,000

4 Beds
2 Baths
2,848 Sq Ft
$91/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $162,000 $57 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,629/month

48 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Attic
  • Property is near public transit
  • Main Floor Bedroom
  • 5-minute walk to Second Street Park

About This Home

As of September 2021

BETTER THAN MOST! Two unit home with 3 bedrooms apiece, laundry hook ups and long term tenants. Newly revised signed leases for $1,100/month as of Sept 1, 2021 are already signed and in hand. Cash flow showing all expenses available for serious buyers. No vacancy here. Tenants get comfortable being walking distance to downtown, supermarket and YMCA. City public bus stops on the corner to get you most anywhere. Hardwood floors, some tin ceilings & vinyl replacement windows. Interior has fresh paint. Tenants pay rent, plus electric, hot water & propane for cooking. Landlord pays for oil heat, water and sewer. With two furnaces, it would be easy to convert oil heating costs to tenant responsibility. Plenty of off street parking in the back of the home. Long term tenants hope to not move. GET A PROFITABLE RETURN ON YOUR MONEY! SEE THIS ONE TODAY!

Last Agent to Sell the Property

Phil Cormier

Keller Williams Realty Brokerage Phone: 207-745-7070 Listed on: 07/20/2021

Keller Williams Realty

Last Buyer's Agent

Philip Cormier

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,848 Sq Ft Home
  • 2-Story Property
  • Laundry on upper level
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 210-A
  • Assessor Parcel Number BANG-000034-000000-000210-A000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,433
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,183

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • MLS Status: Closed
  • Directions: From Union St, by Hammond St & Dollar General, take Third St. Go straight thru Cedar St stop sign (blinking overhead light). Subject property is on left.
  • Above Grade Finished Sq Ft: 2848.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • Attribution Contact: 207-745-7070
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 59.42
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2848.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 8433.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Water Heater:Tank: Yes
  • Equipment:DSL: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: BETTER THAN MOST! Two unit home with 3 bedrooms apiece, laundry hook ups and long term tenants. Newly revised signed leases for $1,100/month as of Sept 1, 2021 are already signed and in hand. Cash flow showing all expenses available for serious buyers. No vacancy here. Tenants get comfortable being walking distance to downtown, supermarket and YMCA. City public bus stops on the corner to get you most anywhere. Hardwood floors, some tin ceilings & vinyl replacement windows. Interior has fresh paint. Tenants pay rent, plus electric, hot water & propane for cooking. Landlord pays for oil heat, water and sewer. With two furnaces, it would be easy to convert oil heating costs to tenant responsibility. Plenty of off street parking in the back of the home. Long term tenants hope to not move. GET A PROFITABLE RETURN ON YOUR MONEY! SEE THIS ONE TODAY! For 24/7 service, call Philip Cormier 207-745-7070 or philipcormier@kw.com
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: BANG-000034-000000-000210-A000000
  • Zoning: URD-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 8433.0

Tax Info

  • Tax Annual Amount: 2183.0
  • Tax Lot: 210-A
  • Tax Year: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Coleman James P and Coleman Valerie
Bought by
Boucher Kimberly and Boucher Jonathan
Current Estimated Value
$259,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Outstanding Balance
$148,694
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,238

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 10, 2021
Sold by
Martinez Yhwhyowceph
Bought by
Coleman James P and Coleman Valerie
Seller's Agent
Phil Cormier
Keller Williams Realty
Buyer's Agent
Philip Cormier
ERA Dawson-Bradford Co.
List Price
$169,222
Sold Price
$162,000
Premium/Discount to List
-$7,222
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$129,600
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 16, 2020
Sold by
H & H Properties Corp
Bought by
Martinez Yhwhyowceph
Seller's Agent
Phil Cormier
Keller Williams Realty
Buyer's Agent
Joe Simpson
Realty of Maine
List Price
$149,222
Sold Price
$148,000
Premium/Discount to List
-$1,222
-0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
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

Date Buyer Sale Price Title Company
Boucher Kimberly -- None Available
Coleman James P -- None Available
Martinez Yhwhyowceph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boucher Kimberly $156,750
Previous Owner Coleman James P $129,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2021 09/10/21 Sold $162,000 -4.3% $57 / Sq Ft
08/05/2021 08/05/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $169,222 +14.3% $59 / Sq Ft
12/16/2020 12/16/20 Sold $148,000 -0.8% $52 / Sq Ft View Prior Sale
10/05/2020 10/05/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $149,222 -- $52 / 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 $3,244 $174,900 $7,900 $167,000
2023 $2,512 $131,200 $7,900 $123,300
2022 $2,268 $111,200 $7,900 $103,300
2021 $2,183 $97,900 $7,300 $90,600
2020 $2,062 $88,900 $6,900 $82,000
2019 $1,960 $85,200 $6,900 $78,300
2018 $1,815 $79,100 $6,800 $72,300
2017 $1,950 $87,500 $7,400 $80,100
2016 $1,926 $85,600 $7,400 $78,200
2015 $1,879 $85,600 $7,400 $78,200
2014 $1,844 $84,600 $7,400 $77,200
2013 $1,851 $89,000 $7,800 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496818

Maine Listings

APN: BANG-000034-000000-000210-A000000