NOT LISTED FOR SALE

788 Main St Old Town, ME 04468

Estimated Value: $223,000 - $313,000

5 Beds
2 Baths
2,164 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $179,000 $83 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,533/month

23 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Farmhouse Style Home

About This Home

As of July 2021

2 unit multi family apartment building. Good rental history. Convenient location. New forced hot air furnace. Live in one unit , rent the second unit to help pay your mortgage or purchase as an investment.

Last Agent to Sell the Property

James Pike

Dewitt-Jones Realty Listed on: 05/24/2021

Co-Listed By

Donna Jones

Dewitt-Jones Realty

Last Buyer's Agent

Kimberly McPheters

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,656

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,164 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number OLDN-000029-000000-000007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,400
  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,656

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2713
  • Co List Office Phone: 207-943-5225
  • MLS Status: Closed
  • Directions: 788 Main Street Old Town.
  • Above Grade Finished Sq Ft: 2164.0
  • Architectural Style: Farmhouse
  • Garage Yn: No
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2164.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 23400.0
  • Income Expenses Operating Expenses: 2400.0
  • Driveway:Gravel: Yes
  • Water Info:Island3: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Common

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: OLDN-000029-000000-000007
  • Zoning: Local

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23400.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 2656.0
  • Tax Book Number: 11883
  • Tax Lot: 7
  • Tax Map Number: 29
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 22, 2021
Sold by
Kld Invs Llc
Bought by
Harlequin Hm Llc
Seller's Agent
James Pike
Dewitt-Jones Realty
Buyer's Agent
Kimberly McPheters
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$179,900
Sold Price
$179,000
Premium/Discount to List
-$900
-0.5%
Current Estimated Value
$236,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,798
Avg. Annual Appreciation
9.01%
Original Mortgage
$143,200
Outstanding Balance
$131,440
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$122,612

Purchase Details

Closed on
Mar 3, 2005
Sold by
Feenstra Mark
Bought by
Courtemanche Ronald
Source: Public Records

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
Harlequin Hm Llc -- None Available
Courtemanche Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harlequin Hm Llc $143,200
Previous Owner Frake Jason H $101,000
Previous Owner Frake Jason $58,101
Previous Owner Frake Jason $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $179,000 -0.5% $83 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $179,900 -- $83 / 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 $2,828 $159,800 $18,200 $141,600
2023 $2,828 $159,800 $18,200 $141,600
2022 $2,507 $119,400 $15,800 $103,600
2020 $2,656 $116,200 $15,300 $100,900
2019 $2,656 $116,200 $15,300 $100,900
2018 $2,656 $116,200 $15,300 $100,900
2017 $2,597 $116,200 $15,300 $100,900
2016 $2,451 $116,200 $15,300 $100,900
2015 $2,459 $116,200 $15,300 $100,900
2014 $2,348 $116,200 $15,300 $100,900
2013 $2,172 $116,200 $15,300 $100,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1493026

Maine Listings

APN: OLDN-000029-000000-000007