NOT LISTED FOR SALE

767 River Rd Mexico, ME 04257

Estimated Value: $111,000 - $317,000

-- Bed
2 Baths
3,726 Sq Ft
$58/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $140,000 $38 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,501/month

245 Days on Market

Highlights

  • 803 Feet of Waterfront
  • Deck
  • Farmhouse Style Home
  • 2.57 Acre Lot
  • Wood Flooring
  • Attic

About This Home

As of January 2021

This commercial and multi-family property has amazing curb appeal and high visibility along Route 2. There are four commercial units along with two residential units that have two bedrooms each. There have been many updates to both residential and commercial units. Beautiful hardwood floors throughout most of the units. The property sits on 1.57 acres with an additional parcel along the Androscoggin River. This is your chance to own a piece of Mexico's history. Built in the 1900's and used as an Inn throughout the 1930's, residential home, and commercial use, this building has much to offer its new owner.

Last Agent to Sell the Property

Matt Pingree

Amnet Realty Listed on: 10/19/2020

Last Buyer's Agent

Matt Pingree

Amnet Realty Listed on: 10/19/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2.57 Acre Lot
  • 803 Feet of Waterfront
  • River Front
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • 3,726 Sq Ft Home
  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Well

Additional Features

  • 2 Full Bathrooms
  • Pasture
  • Attic

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 767riverroadmexico04257

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.57
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin
  • MLS Status: Closed
  • Directions: From Dixfield drive west on Rt 2 property is located on the right
  • Above Grade Finished Sq Ft: 3726.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.57
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3726.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 803.0
  • Water Info:Water Frontage Owned -: 803.0
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Near Town, Rural
  • View: Trees/Woods, Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Gravel, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111949.2
  • Parcel #: 767riverroadmexico04257
  • Zoning: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4545.0
  • Tax Book Number: 2163
  • Tax Lot: 18
  • Tax Map Number: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Jamison Jeffrey
Bought by
Jamison Jeffrey and Treadwell Christal C
Current Estimated Value
$214,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$162,131
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$40,918

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 19, 2021
Sold by
Gates Sharon A
Bought by
Jamison Jeffrey
Seller's Agent
Matt Pingree
Amnet Realty
Buyer's Agent
Matt Pingree
Hebert Realty Group
List Price
$147,500
Sold Price
$140,000
Premium/Discount to List
-$7,500
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jamison Jeffrey $71,000 None Available
Jamison Jeffrey -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jamison Jeffery M $48,000
Open Jamison Jeffrey $172,000
Previous Owner Gates William T $500,000
Previous Owner Gates William T $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $140,000 -5.1% $38 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $147,500 -- $40 / 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 $4,066 $140,200 $18,900 $121,300
2023 $4,094 $140,200 $18,900 $121,300
2022 $4,410 $151,029 $18,900 $132,129
2021 $4,094 $140,200 $18,900 $121,300
2014 $4,147 $159,500 $18,900 $140,600
2012 $3,988 $159,500 $18,900 $140,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1449841

Maine Listings

APN: MEXI-000001-000000-000018