NOT LISTED FOR SALE

Estimated Value: $725,244 - $803,000

Studio
3 Baths
3,144 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $624,000 $198 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,270/month

94 Days on Market

Highlights

  • Public Beach
  • Contemporary Architecture
  • Main Floor Bedroom
  • 2.14 Acre Lot
  • Wooded Lot
  • No HOA

About This Home

As of December 2023

Three family built in 2003 and in tip-top condition - two 2-bedroom single story and a 3-bedroom townhouse style. Full basements, separate propane heat and electricity. All units fully occupied, two leased, one not leased in case buyer wants to occupy. Tenants currently pay own heat and electricity. Seller has prepared condo declarations and survey for condo conversion which will be included in sale. Motivated seller. Great history of easy rentals, great condition, great buy!

Last Agent to Sell the Property

David Dunn

The Real Estate Store Listed on: 07/10/2023

Last Buyer's Agent

Reggie Butts

Butts Commercial Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 2003

Lot Details

  • 2.14 Acre Lot
  • Public Beach
  • Landscaped
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3-3
  • Assessor Parcel Number NAPL-000011R-000003-000003

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,273

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Naples to Harrison Rd. left on Lewis Rd, #79 on right
  • Above Grade Finished Sq Ft: 3144.0
  • Architectural Style: Contemporary, Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 198.79
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3144.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 55200.0
  • Income Expenses Operating Expenses: 7000.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Equipment:Generator: Yes
  • Advertising Remarks:Advertising Remarks: Three family built in 2003, two 2-bedroom single story and a 3-bedroom townhouse style. Full basements, separate propane heat and electricity. Tenants currently pay own heat and electricity. Seller has prepared condo declarations and survey for condo conversion which will be included in sale. Motivated seller. Fully occupied, great condition, great buy!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Wooded, Near Public Beach, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • 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: RSU 61/MSAD 61

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 93218.4
  • Parcel #: NAPL-000011R-000003-000003
  • Zoning: RES

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55200.0
  • Annual Operating Expense: 7000.0

Tax Info

  • Tax Annual Amount: 3273.0
  • Tax Lot: 3-3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Dec 15, 2023
Sold by
Kelly Michael J and Kelly Ellen M
Bought by
Giarcomiala Ent Llc
Seller's Agent
David Dunn
The Real Estate Store
Buyer's Agent
Reggie Butts
Butts Commercial Brokers
List Price
$674,900
Sold Price
$624,000
Premium/Discount to List
-$50,900
-7.54%
Current Estimated Value
$764,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,122
Avg. Annual Appreciation
10.23%
Original Mortgage
$499,200
Outstanding Balance
$490,103
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,019

Purchase Details

Listed on
Sep 13, 2019
Closed on
Nov 19, 2019
Sold by
Rsc Llc
Bought by
Kelly Ellen M and Kelly Michael J
Seller's Agent
Diane Monaco
Maine Real Estate Choice
Buyer's Agent
David Dunn
The Real Estate Store
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$270,655
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2013
Closed on
Nov 1, 2013
Sold by
Horine Kim E
Bought by
Rsc Llc
Seller's Agent
Robert Blake
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Diane Monaco
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$299,900
Sold Price
$265,000
Premium/Discount to List
-$34,900
-11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%

Purchase Details

Closed on
Oct 31, 2005
Sold by
Home Sweet Home Apt Llc
Bought by
Horine Kim E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giarcomiala Ent Llc -- None Available
Kelly Ellen M -- --
Rsc Llc -- --
Rsc Llc -- --
Horine Kim E -- --
Horine Kim E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giarcomiala Ent Llc $499,200
Previous Owner Kelly Ellen M $270,655
Previous Owner Horine Kim E $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $624,000 -7.5% $198 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $674,900 +125.0% $215 / Sq Ft
11/22/2019 11/22/19 Sold $300,000 -3.2% $95 / Sq Ft View Prior Sale
09/14/2019 09/14/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $309,900 +16.9% $99 / Sq Ft
10/31/2013 10/31/13 Sold $265,000 -11.6% $84 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $299,900 -- $95 / 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
2025 $3,768 $396,681 $94,560 $302,121
2024 $3,689 $396,681 $94,560 $302,121
2023 $3,630 $396,681 $94,560 $302,121
2022 $3,273 $396,681 $94,560 $302,121
2021 $4,338 $324,958 $102,280 $222,678
2020 $4,338 $324,958 $102,280 $222,678
2019 $4,338 $324,958 $102,280 $222,678
2018 $4,338 $324,958 $102,280 $222,678
2017 $4,338 $324,958 $102,280 $222,678
2016 $4,289 $324,958 $102,280 $222,678
2015 $4,403 $324,958 $102,280 $222,678
2014 -- $324,958 $102,280 $222,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1564760

Maine Listings

APN: NAPL-000011R-000003-000003