NOT LISTED FOR SALE

78 E Main St Fort Kent, ME 04743

Estimated Value: $421,294 - $446,000

-- Bed
9 Baths
6,800 Sq Ft
$64/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $415,000 $61 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,007/month

176 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • No HOA
  • Scenic Views
  • Corner Lot
  • Baseboard Heating

About This Home

As of April 2024

Beautifully maintained building. 2 Commercial front with 5 additional residential units with long term tenants. Beautiful apartments. Located in the heart of Fort Kent. Turnkey as this building has been updated throughout the years of ownership. Large parking in the back. Beautiful decks a must see and a steal at asking price. Opportunity to buy additional acreage to the river.
More photos to come

Last Listed By

Holly Hardwick

RE/MAX County Listed on: 08/04/2023

RE/MAX County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 6,800 Sq Ft Home
  • 3-Story Property
  • Carpet
  • Scenic Vista Views

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Utilities

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

Additional Features

  • Doors are 32 inches wide or more
  • City Lot

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 78eastmainstreetfortkent04743

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Operating Expense $61,500
  • Gross Income $61,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street, opposite McDonalds
  • Above Grade Finished Sq Ft: 6800.0
  • Architectural Style: Gambrel
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 9999
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 9.0
  • Property Information:SqFt Finished Above Grade: 6800.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 7
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 61500.0
  • Income Expenses Operating Expenses: 61500.0
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Water Info:Island3: No
  • Style:Gambrel: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Near Town
  • View: Scenic
  • 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: 11 - 20 Spaces, Gravel, Common

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: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: MSAD 27

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 78eastmainstreetfortkent04743
  • Zoning: commercial

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 61500.0
  • Annual Operating Expense: 61500.0

Tax Info

  • Tax Annual Amount: 7000.0
  • Tax Book Number: 1120
  • Tax Lot: 37
  • Tax Map Number: 18
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Harrington Terri A $352,750
Closed Economat Soucys $175,000
Closed Economat Soucys $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $415,000 +4.0% $61 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
08/04/2023 08/04/23 For Sale $399,000 -- $59 / 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 $7,089 $308,900 $32,700 $276,200
2023 $6,487 $308,900 $32,700 $276,200
2022 $6,061 $288,600 $30,500 $258,100
2021 $6,084 $288,600 $30,500 $258,100
2020 $6,001 $262,400 $27,800 $234,600
2019 $5,867 $262,400 $27,800 $234,600
2018 $5,350 $262,400 $27,800 $234,600
2017 $4,826 $262,400 $27,800 $234,600
2016 $4,723 $262,400 $27,800 $234,600
2013 $4,185 $241,200 $21,200 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1567712

Maine Listings

APN: FTKT-000018-000000-000037