NOT LISTED FOR SALE

8 Spring St Milo, ME 04463

Estimated Value: $119,000 - $183,000

-- Bed
2 Baths
2,264 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $29,000 $13 Per Sq Ft

Est. 398% increase in value since last sale

Current estimated payment $889/month

54 Days on Market

Highlights

  • 165 Feet of Waterfront
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Porch

About This Home

As of November 2018

Two unit in a very convenient location with 165 feet of frontage on Sebec River. Mature trees and a river breeze provide maximum outside comfort and enjoyment. A two bedroom/one bath unit and a one bedroom/1 bath unit with a loft like area on the second floor. Public water; sewer; separate heat, electric, hot water. Full basement and an outbuilding provides for ample storage.

Last Agent to Sell the Property

Deborah Dowling

Coldwell Banker American Heritage Listed on: 09/13/2018

Coldwell Banker American Heritage

Last Buyer's Agent

Crystal Farrow

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • 165 Feet of Waterfront
  • River Front
  • Street terminates at a dead end
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,264 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 91
  • Assessor Parcel Number MILO-000015-000000-000091

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Water Body Name: SEBEC RIVER
  • MLS Status: Closed
  • Directions: Route 16 to Spring Street. #8 is on the right.
  • Above Grade Finished Sq Ft: 2264.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: No
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 12.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2264.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Foundation Materials:Slab: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Roads:Dead End: Yes
  • Water Info:Waterfront Amount -: 165.0
  • Water Info:Water Frontage Owned -: 165.0
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Utility Info Electric On Site: Yes
  • Water Info:Island3: No
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Neighborhood
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Block, Stone, Concrete Perimeter, Slab
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: MILO-000015-000000-000091
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1813.0
  • Tax Lot: 91
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
Bernabeo Nikkie E
Bought by
Fnma
Current Estimated Value
$144,487

Purchase Details

Closed on
Aug 17, 2015
Sold by
Bernabeo Nikkie E
Bought by
Stevens Jeffrey R

Purchase Details

Closed on
Nov 21, 2005
Sold by
Saviolis George
Bought by
Bernabeo Nikkie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fnma -- --
Stevens Jeffrey R -- --
Bernabeo Nikkie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernabeo Nikkie E $45,500
Previous Owner Bernabeo Nikkie E $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $29,000 -9.4% $13 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $32,000 -- $14 / 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 $1,542 $56,600 $7,500 $49,100
2023 $1,353 $56,600 $7,500 $49,100
2022 $1,469 $56,600 $7,500 $49,100
2021 $1,457 $56,600 $7,500 $49,100
2020 $1,690 $60,900 $8,100 $52,800
2019 $1,683 $58,030 $7,700 $50,330
2018 $1,813 $58,030 $7,700 $50,330
2017 $1,813 $58,030 $7,700 $50,330
2016 $1,886 $58,030 $7,700 $50,330
2015 $1,665 $58,030 $7,700 $50,330
2014 -- $82,900 $11,000 $71,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1370101

Maine Listings

APN: MILO-000015-000000-000091