NOT LISTED FOR SALE

8 Haynes St Lincoln, ME 04457

Estimated Value: $171,000 - $575,506

-- Bed
-- Bath
-- Sq Ft
3.84 Acres

Last Sold June 30, 2016

Last sale price $315,400

Est. 20% increase in value since last sale

Current estimated payment $2,433/month

104 Days on Market

Highlights

  • Ski Resort
  • Public Beach
  • Contemporary Architecture
  • Nearby Water Access
  • 3.84 Acre Lot
  • Wooded Lot

About This Home

As of June 2016

Profitable 14 Unit Apartment Complex, in exceptional condition (NO Maintenance Issues). An easy walk to downtown complete w/ park, beach, library, bank, grassy areas, onsite coin laundry, & individually metered electricity. This facility is owner built, operated, updated, & maintained. High occupancy rate w/ many long term renters! HWBB/hotwater throughout. All units w/ covered pvt. outside access. Lg. 3.84 acre parcel w/ room for additional structure/ private home for new owner/manager. Solid and Clean!

Last Agent to Sell the Property

Celina Fellows

Bean Group Listed on: 02/13/2016

Last Buyer's Agent

Celina Fellows

Acres Away, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 3.84 Acre Lot
  • Public Beach
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Utilities

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

Additional Features

  • Nearby Water Access
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 018
  • Assessor Parcel Number LNCN-000141-000000-000018

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Recreation

  • Ski Resort

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.84
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: , North on Rt 2 (Main ST) turn left on Haynes ST, property on the left
  • Architectural Style: Contemporary
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.84
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: 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
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 14
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Floors:Concrete2: Yes
  • Location:Ski Resort: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Flooring: Vinyl, Concrete, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Ski Resort
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 167270.4
  • Parcel #: LNCN-000141-000000-000018
  • Zoning: Commercial 2

Multi Family

  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 9231.0
  • Tax Book Number: 4281
  • Tax Lot: 018
  • Tax Map Number: 141
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2016
Closed on
Jun 30, 2016
Sold by
Medway Development Corp
Bought by
Wildwood Enterprises Llc
Seller's Agent
Celina Fellows
Bean Group
Buyer's Agent
Celina Fellows
Acres Away, Inc.
List Price
$359,000
Sold Price
$315,400
Premium/Discount to List
-$43,600
-12.14%
Current Estimated Value
$377,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,977
Avg. Annual Appreciation
2.78%
Original Mortgage
$283,050
Interest Rate
3.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wildwood Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wildwood Enterprises Llc $283,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $315,400 -12.1% --
05/27/2016 05/27/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $359,000 -- --
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 $11,668 $566,400 $66,700 $499,700
2023 $11,085 $431,000 $46,600 $384,400
2022 $9,482 $431,000 $46,600 $384,400
2021 $8,060 $431,000 $46,600 $384,400
2020 $7,901 $365,800 $45,500 $320,300
2019 $8,450 $365,800 $45,500 $320,300
2018 $7,286 $315,400 $35,400 $280,000
2017 $7,112 $315,400 $35,400 $280,000
2016 $7,046 $315,400 $35,400 $280,000
2015 $9,231 $415,800 $35,400 $380,400
2014 $9,314 $415,800 $35,400 $380,400
2013 $9,547 $415,800 $35,400 $380,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1251158

Maine Listings

APN: LNCN-000141-000000-000018