NOT LISTED FOR SALE

778 Barrett Hill Rd Union, ME 04862

Estimated Value: $411,000 - $528,000

3 Beds
4 Baths
3,600 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $353,000 $98 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,979/month

1 Day on Market

Highlights

  • Lake Front
  • Deck
  • Saltbox Architecture
  • Nearby Water Access
  • Wooded Lot
  • Wood Flooring

About This Home

As of April 2022

Lovely 3 unit on 10 acres with views of Sennebec Lake. Fantastic income property with a history of happy tenants. Live in one unit and let the other two cover most of the mortgage. Quiet location, less than a mile from the winery. This won't last long!

Last Listed By

Lisa Decker Griffith

The New England Real Estate Company, LLC Brokerage Email: lisadg@thenewenglandreco.com Listed on: 01/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 2006

Lot Details

  • 10.3 Acre Lot
  • Lake Front
  • Rural Setting
  • Corner Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • Gravel Driveway

Property Views

  • Water
  • Woods

Home Design

  • Saltbox Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Natural Gas Not Available
  • Private Water Source
  • Septic Design Available
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number UNNN-000009-000000-000055

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $40,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,087

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 10.3
  • Road Surface Type: Paved
  • Water Body Name: Sennebec Lake
  • MLS Status: Closed
  • Subdivision Name: NA
  • Directions: From Rt. 17, go North (across from rt.131) onto Barrett Hill Rd. Go 2.5 miles, property is on the left.
  • Above Grade Finished Sq Ft: 2600.0
  • Architectural Style: Farmhouse, Saltbox
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 2006
  • Attribution Contact: lisadg@thenewenglandreco.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 10.3
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2600.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 40440.0
  • Income Expenses Operating Expenses: 8000.0
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Info:Island3: No
  • Equipment:Generator: Yes
  • Amenities:In-Law Apartment: Yes
  • Style:Saltbox: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Daylight, Finished, Exterior Only
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Bathtub, In-Law Floorplan, One-Floor Living, Primary Bedroom w/Bath
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Lake
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 448668.0
  • Parcel #: UNNN-000009-000000-000055
  • Zoning: rural

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40440.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4087.0
  • Tax Book Number: 3065
  • Tax Lot: 55
  • Tax Map Number: 9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Mar 31, 2022
Sold by
Maloney Kathryn A and Roberson Trevor P
Bought by
Conlan Niall and Jackson Claire
Seller's Agent
Lisa Decker Griffith
The New England Real Estate Company, LLC
Buyer's Agent
Claire Jackson
Rock Coast Realty
List Price
$325,000
Sold Price
$353,000
Premium/Discount to List
$28,000
8.62%
Total Days on Market
1
Current Estimated Value
$445,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,852
Avg. Annual Appreciation
15.56%
Original Mortgage
$282,400
Outstanding Balance
$269,731
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,961

Range of Values:

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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
Conlan Niall $353,000 None Available
Conlan Niall $353,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conlan Niall $282,400
Closed Conlan Niall $282,400
Previous Owner Maloney Kathryn A $199,539
Previous Owner Maloney Kathryn A $241,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2022 04/13/22 Sold $353,000 +8.6% $98 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $325,000 -- $90 / 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 $6,085 $353,800 $104,500 $249,300
2023 $5,484 $353,800 $104,500 $249,300
2022 $5,236 $353,800 $104,500 $249,300
2021 $4,087 $225,800 $61,300 $164,500
2020 $4,064 $225,800 $61,300 $164,500
2019 $4,132 $225,800 $61,300 $164,500
2018 $4,019 $225,800 $61,300 $164,500
2017 $3,568 $225,800 $61,300 $164,500
2016 $3,434 $203,200 $61,300 $141,900
2015 $3,292 $203,200 $61,300 $141,900
2014 $3,231 $203,200 $61,300 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1518436

Maine Listings

APN: UNNN-000009-000000-000055