NOT LISTED FOR SALE

766 Gardiner Rd Wiscasset, ME 04578

Estimated Value: $282,000 - $346,000

5 Beds
3 Baths
2,440 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $242,000 $99 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,024/month

104 Days on Market

Highlights

  • Main Floor Bedroom
  • Views
  • Hot Water Heating System
  • No HOA
  • Forced Air Heating System
  • Satellite Dish

About This Home

As of February 2023

GREAT INVESTMENT OPPORTUNITY! Three unit apartment building with full occupancy and steady income flow. Each unit has it's own heating source. Central location makes for a convenient work commute to Bath/Brunswick and Gardiner/Augusta. Huge yard and beautiful field with plenty of parking.

Last Listed By

Sherri Dunbar

Tim Dunham Realty Brokerage Phone: 207-882-5020 Listed on: 11/02/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1900

Lot Details

  • 3 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number WISC-000003-000000-000049R

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,483
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Traveling north on Route 1, take a left onto Route 27 and continue for 3.7 miles to property on left
  • Above Grade Finished Sq Ft: 2440.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 207-882-5020
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2440.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 24600.0
  • Income Expenses Operating Expenses: 8483.0
  • Style:Multi-Level: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • View: Fields
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Wiscasset Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: WISC-000003-000000-000049R
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Annual Operating Expense: 8483.0

Tax Info

  • Tax Annual Amount: 3553.0
  • Tax Book Number: 5202
  • Tax Lot: 49
  • Tax Map Number: R-3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Feb 15, 2023
Sold by
766 Gardiner Road Llc
Bought by
West 207 Llc
Seller's Agent
Sherri Dunbar
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%
Total Days on Market
104
Current Estimated Value
$307,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,094
Avg. Annual Appreciation
10.53%
Original Mortgage
$193,600
Outstanding Balance
$189,310
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$112,645

Purchase Details

Listed on
Sep 17, 2017
Closed on
Nov 17, 2017
Sold by
Daley William F
Bought by
766 Gardiner Rd Llc
Seller's Agent
Sherri Dunbar
Tim Dunham Realty
Buyer's Agent
Sherri Dunbar
Tim Dunham Realty
List Price
$135,000
Sold Price
$110,000
Premium/Discount to List
-$25,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.20%
Original Mortgage
$85,500
Interest Rate
3.85%
Mortgage Type
Unknown

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
West 207 Llc $242,000 None Available
766 Gardiner Rd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West 207 Llc $193,600
Previous Owner 766 Gardiner Rd Llc $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $242,000 -2.8% $99 / Sq Ft
11/02/2022 11/02/22 For Sale $249,000 +126.4% $102 / Sq Ft
11/15/2017 11/15/17 Sold $110,000 -18.5% $45 / Sq Ft
10/14/2017 10/14/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $135,000 -- $55 / 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
2023 $3,763 $220,700 $54,500 $166,200
2022 $3,546 $176,600 $43,600 $133,000
2021 $3,553 $176,600 $43,600 $133,000
2020 $3,553 $176,600 $43,600 $133,000
2019 $3,514 $176,600 $43,600 $133,000
2018 $3,453 $176,600 $43,600 $133,000
2017 $3,313 $176,600 $43,600 $133,000
2016 $3,304 $176,600 $43,600 $133,000
2015 $2,896 $176,600 $43,600 $133,000
2014 $3,002 $176,600 $43,600 $133,000
2013 $2,861 $176,600 $43,600 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1547339

Maine Listings

APN: WISC-000003-000000-000049R