Seller's Agent in 2021
Jodi Brasslett
Realty of Maine
(207) 299-6231
8 Merrimac St Bangor, ME 04401
Estimated Value: $164,000 - $301,000
5
Beds
2
Baths
2,294
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- Attic
- No HOA
- Community Storage Space
- William S. Cohen School Rated A-
- Level Lot
- Carpet
About This Home
As of November 2021In a time that housing is in high demand, purchasing a multi-unit is a great investment! This property has 2 spacious 2 bedroom 1 bath apartments with laundry hook ups & plenty of storage space. The first floor apartment has been updated and the second floor apartment is ready to be polished! Major updates such as roof, furnace, water heater and paved driveway have already been taken care of! Located in the City, near transportation, shopping, restaurants and more, this property is ready to be added to your real estate portfolio!
Last Agent to Sell the Property
Jodi Brasslett
Realty of Maine Listed on: 07/19/2021
Co-Listed By
Joseph Brasslett
Realty of Maine
Last Buyer's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,531
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 2,294 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic
Flooring
- Carpet
- Laminate
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Parking
- Driveway
- Paved Parking
- On-Site Parking
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Tax Lot 76
- Assessor Parcel Number BANG-000055-000000-000076
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2021
Closed on
Nov 19, 2021
Sold by
Cadieux Philip J
Bought by
Jli Properties Llc
Seller's Agent
Jodi Brasslett
Realty of Maine
Buyer's Agent
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Total Days on Market
112
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
$131,527
Avg. Annual Appreciation
24.65%
Original Mortgage
$188,000
Outstanding Balance
$174,425
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,102
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 |
|---|---|---|---|
| Jli Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jli Properties Llc | $188,000 | |
| Previous Owner | Cadieux Philip J | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $110,000 | -21.4% | $48 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | For Sale | $139,900 | -- | $61 / 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 | $3,389 | $182,700 | $25,300 | $157,400 |
| 2023 | $3,202 | $167,200 | $25,300 | $141,900 |
| 2022 | $2,913 | $142,800 | $25,300 | $117,500 |
| 2021 | $2,689 | $120,600 | $23,400 | $97,200 |
| 2020 | $2,531 | $109,100 | $22,300 | $86,800 |
| 2019 | $2,420 | $105,200 | $22,300 | $82,900 |
| 2018 | $2,251 | $98,100 | $22,300 | $75,800 |
| 2017 | $2,184 | $97,900 | $22,300 | $75,600 |
| 2016 | $2,160 | $96,000 | $22,300 | $73,700 |
| 2015 | $2,061 | $93,900 | $22,300 | $71,600 |
| 2014 | $1,973 | $90,500 | $22,300 | $68,200 |
| 2013 | $1,882 | $90,500 | $22,300 | $68,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2021
Joseph Brasslett
Realty of Maine
-
C
Buyer's Agent in 2021
Carolyn Fish Jason Fish
Better Homes & Gardens Real Estate/The Masiello Group
-
Carolyn Fish
Buyer's Agent in 2021
Carolyn Fish
NextHome Experience
(207) 664-3888
237 Total Sales
Map
Source: Maine Listings
MLS Number: 1496477
APN: BANG-000055-000000-000076
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