Seller's Agent in 2019
Leigh Smith
RE/MAX
(207) 227-4501
375 Total Sales
8 Exchange St Presque Isle, ME 04769
Estimated Value: $147,090
7
Beds
7
Baths
4,126
Sq Ft
$36/Sq Ft
Est. Value
Highlights
- No HOA
- Hot Water Heating System
- Carpet
- Zoned Heating
- Level Lot
- 5-minute walk to Riverside Park
About This Home
As of February 2019Opportunity awaits for this 7 unit apartment building located near downtown Presque Isle. Walkable location, paved driveway, all units are currently full. On site laundromat for the tenants use. Buy it up, live in one, rent the other or use it as a great investment property. Lock in a low interest rate now and watch your money grow!
Last Buyer's Agent
Karen St. Peter
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 6,970 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Membrane Roofing
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7 Full Bathrooms
- 4,126 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- Driveway
- Paved Parking
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Well
Community Details
- No Home Owners Association
- 7 Units
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number PREE-000035-000085-000008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2018
Closed on
Feb 8, 2019
Sold by
Aroostook Trusses Inc
Bought by
Fieldstone Leasing & Dev
Seller's Agent
Leigh Smith
RE/MAX County
Buyer's Agent
Karen St. Peter
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$147,000
Sold Price
$95,000
Premium/Discount to List
-$52,000
-35.37%
Total Days on Market
138
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,090
Avg. Annual Appreciation
7.33%
Original Mortgage
$104,000
Outstanding Balance
$92,345
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$55,826
Purchase Details
Closed on
Jun 4, 2007
Sold by
Collins Daniel and Collins Sandra
Bought by
Nelson Garry H and Nelson Deborah L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fieldstone Leasing & Dev | -- | -- | |
| Nelson Garry H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fieldstone Leasing & Dev | $104,000 | |
| Previous Owner | Aroostook Trusses Inc | $112,000 | |
| Previous Owner | Nelson Garry H | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2019 02/22/19 | Sold | $95,000 | -35.4% | $23 / Sq Ft |
| 01/03/2019 01/03/19 | Pending | -- | -- | -- |
| 08/17/2018 08/17/18 | For Sale | $147,000 | -- | $36 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,401 | $206,600 | $17,100 | $189,500 |
| 2023 | $3,399 | $150,400 | $15,300 | $135,100 |
| 2022 | $3,572 | $150,400 | $15,300 | $135,100 |
| 2021 | $3,673 | $147,800 | $15,300 | $132,500 |
| 2020 | $3,648 | $146,200 | $14,800 | $131,400 |
| 2019 | $3,654 | $146,200 | $14,800 | $131,400 |
| 2018 | $3,775 | $146,200 | $14,800 | $131,400 |
| 2017 | $3,743 | $146,200 | $14,800 | $131,400 |
| 2016 | $3,585 | $139,600 | $14,800 | $124,800 |
| 2015 | $3,376 | $132,600 | $7,800 | $124,800 |
| 2014 | $3,371 | $132,600 | $7,800 | $124,800 |
| 2013 | $3,275 | $132,600 | $7,800 | $124,800 |
Source: Public Records
Agents Affiliated with this Home
-
Leigh Smith
-
K
Buyer's Agent in 2019
Karen St. Peter
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1366630
APN: PREE-000035-000085-000008
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