NOT LISTED FOR SALE

8 Depot St West Paris, ME 04289

Estimated Value: $195,000 - $254,000

-- Bed
3 Baths
1,600 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 04, 2022

Last sale price $89,400 $56 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $1,411/month

99 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Forced Air Heating System

About This Home

As of January 2022

Three unit in West Paris being sold as is. One unit needs renovating. One unit is occupied and another unit is ready to be rented. Rent out 2 units and start cash flowing while you completed the first floor unit.

Last Agent to Sell the Property

Anthony Poulin

Meservier & Associates Listed on: 07/26/2021

Last Buyer's Agent

Jennifer Foss

Krainin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Rural Setting
  • Level Lot

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,600 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Doghouse Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number WPRS-000006-000000-000033

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $8,095
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,775

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1600.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 27000.0
  • Income Expenses Operating Expenses: 8095.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Doghouse, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: WPRS-000006-000000-000033
  • Zoning: Residential Village

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 27000.0
  • Annual Operating Expense: 8095.0

Tax Info

  • Tax Annual Amount: 1775.0
  • Tax Book Number: 2771
  • Tax Lot: 33
  • Tax Map Number: 6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jan 4, 2022
Sold by
Shattenberg Gregory E
Bought by
Pure Energy Pro Llc
Seller's Agent
Anthony Poulin
Meservier & Associates
Buyer's Agent
Jennifer Foss
Krainin Real Estate
List Price
$119,900
Sold Price
$89,400
Premium/Discount to List
-$30,500
-25.44%
Current Estimated Value
$229,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,010
Avg. Annual Appreciation
29.94%
Original Mortgage
$160,000
Outstanding Balance
$148,975
Interest Rate
3.12%
Mortgage Type
Commercial
Estimated Equity
$86,027
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
Pure Energy Pro Llc $89,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pure Energy Pro Llc $160,000
Previous Owner Shattenberg Gregory $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Sold $89,400 -25.4% $56 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $119,900 -- $75 / 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 $2,051 $134,500 $32,600 $101,900
2023 $1,910 $134,500 $32,600 $101,900
2022 $1,775 $134,500 $32,600 $101,900
2021 $1,775 $134,500 $32,600 $101,900
2020 $1,775 $134,500 $32,600 $101,900
2019 $1,740 $88,800 $18,000 $70,800
2018 $1,723 $88,800 $18,000 $70,800
2017 $1,678 $88,800 $18,000 $70,800
2016 $1,558 $88,800 $18,000 $70,800
2015 $1,532 $88,800 $18,000 $70,800
2014 $1,510 $88,800 $18,000 $70,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502376

Maine Listings

APN: WPRS-000006-000000-000033