$204,175
SOLD APR 4, 2025

8 Jewell St Jay, ME 04239

-- Bed
3 Baths
2,766 Sq Ft
871 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

7% Below List Price

105 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • New Englander Architecture
  • Cooling Available
  • Baseboard Heating

About This Home

As of April 2025

INVESTORS TAKE NOTICE!! Great earning potential. Two 3-Bdrm units and One 1-Bdrm unit. Ample of off street parking. The metal roof, vinyl windows and vinyl siding keeps exterior maintenance to a minimum. Two of the units are rental ready. Property has been owned by the same family for 2 generations! Located in-town and close to shopping. Farmington is within a 20 minute drive and Lewiston/Auburn within 35 minutes.

Last Agent to Sell the Property

Kenneth Jacques

Meservier & Associates Listed on: 10/31/2024

Last Buyer's Agent

Doreen Jackson

Drakes Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1900

Lot Details

  • 871 Sq Ft Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number JAYY-000015-000000-000113

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,909
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,699

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2087.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.02
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2087.0
  • Property Information:SqFt Finished Below Grade: 679.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 14400.0
  • Income Expenses Operating Expenses: 11909.0
  • Site:RollingSloping: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Style:New Englander: Yes
  • Electric:Fuses: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 679.0
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Fuses, 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: 871.2
  • Parcel #: JAYY-000015-000000-000113
  • Zoning: Per Town

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 14400.0
  • Annual Operating Expense: 11909.0

Tax Info

  • Tax Annual Amount: 1699.0
  • Tax Book Number: 389
  • Tax Lot: 113
  • Tax Map Number: 015
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Apr 4, 2025
Sold by
Labee Rebe J Est and Mcginty
Bought by
Cotton-Sander Lisa J and Sander Aksel Z
Seller's Agent
Kenneth Jacques
Meservier & Associates
Buyer's Agent
Doreen Jackson
Drakes Real Estate LLC
List Price
$220,000
Sold Price
$204,175
Premium/Discount to List
-$15,825
-7.19%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.59%
Original Mortgage
$200,475
Outstanding Balance
$200,475
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$2,525
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 Type Sale Price Title Company
Personal Reps Deed $204,175 None Available
Personal Reps Deed $204,175 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,475 FHA
Closed $200,475 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $204,175 +2.6% $74 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
11/14/2024 11/14/24 Price Changed $199,000 -9.5% $72 / Sq Ft
10/31/2024 10/31/24 For Sale $220,000 -- $80 / 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 $1,698 $77,190 $10,300 $66,890
2023 $1,775 $77,190 $10,300 $66,890
2022 $1,582 $77,190 $10,300 $66,890
2021 $1,582 $77,190 $10,300 $66,890
2020 $1,351 $77,190 $10,300 $66,890
2019 $1,409 $77,190 $10,300 $66,890
2018 $0 $77,190 $10,300 $66,890
2017 $513 $77,190 $10,300 $66,890
2016 $1,081 $77,190 $10,300 $66,890
2015 $1,332 $77,190 $10,300 $66,890
2014 $1,216 $77,190 $10,300 $66,890
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Jacques

    Seller's Agent in 2025

    Kenneth Jacques

    Meservier & Associates

    (207) 779-0367

    198 Total Sales

    Kenneth Jacques
    Section Image
  • Doreen Jackson

    Buyer's Agent in 2025

    Doreen Jackson

    Drakes Real Estate LLC

    (207) 212-6677

    155 Total Sales

    Doreen Jackson
    Section Image
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Map

Source: Maine Listings

MLS Number: 1608303

Maine Listings

APN: JAYY-000015-000000-000113

Maine Franklin County Jay 04239

8 Jewell St, Jay, ME

This home is located at 8 Jewell St, Jay, ME 04239 and is currently priced at $204,175, approximately $73 per square foot. This property was built in 1900. 8 Jewell St is a home located in Franklin County with nearby schools including Spruce Mountain Primary School, Spruce Mountain Elementary School, and Spruce Mountain Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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