NOT LISTED FOR SALE

8 Waldo Ave Belfast, ME 04915

Estimated Value: $368,117 - $686,000

4 Beds
2 Baths
2,448 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $475,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,371/month

7 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • 3 Car Detached Garage
  • Nearby Water Access
  • No HOA
  • Porch

About This Home

As of September 2023

Owned by the same family for over sixty years, this two-family home in the heart of Belfast is now available. Both units offer two bedrooms and a full bath, each with wood floors and great light. The first floor unit has an added west facing den with a large, westerly picture window.
The three bay garage offers awesome storage space and is set off the road allowing for a spacious and open lawn area. Located an easy five minute walk into town and just five more minutes to dip your toes in the bay at the harbor. Stop at the many stores, coffee shops and restaurants in between you and the harbor or bring a picnic lunch to the city sea-side park and watch the boats going back and forth from their moorings to their day's adventures. Enjoy living in one unit and rent the other, or buy as a great investment. Enjoy the convenience of added income, a great garage and being truly just a walk to everything downtown Belfast. This is a rare gem. No income history, owner occupied.

Last Agent to Sell the Property

Nancy Hughes

Camden Coast Real Estate Brokerage Email: info@camdencoast.com Listed on: 08/13/2023

Last Buyer's Agent

Rebecca Johns

Worth Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1918

Lot Details

  • 0.26 Acre Lot
  • Ocean Front
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,448 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 227, 227A
  • Assessor Parcel Number BELF-000011-000000-000227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,015

Year Built

Built in 1918

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 8 Waldo Ave is in the heart of Belfast and is GPS friendly.
  • Above Grade Finished Sq Ft: 2448.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1918
  • Attribution Contact: info@camdencoast.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2448.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Heat System:Radiator: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator
  • Heating Yn: Yes
  • Electric: 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: 11325.6
  • Parcel #: BELF-000011-000000-000227
  • Zoning: res

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4015.0
  • Tax Book Number: 1655
  • Tax Lot: 227, 227A
  • Tax Map Number: 11
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Sep 19, 2023
Sold by
Robbins Mary E Est and Richard
Bought by
Schrayer David and Tate Carol E
Seller's Agent
Nancy Hughes
Camden Coast Real Estate
Buyer's Agent
Rebecca Johns
Worth Real Estate, Inc.
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$536,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,029
Avg. Annual Appreciation
2.35%
Original Mortgage
$375,000
Outstanding Balance
$369,140
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,701
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 Buyer Sale Price Title Company
Schrayer David $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrayer David $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $475,000 0.0% $194 / Sq Ft
08/20/2023 08/20/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $475,000 -- $194 / 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 $4,751 $308,500 $46,700 $261,800
2023 $3,901 $194,100 $26,700 $167,400
2022 $4,015 $187,600 $26,700 $160,900
2021 $4,127 $187,600 $26,700 $160,900
2020 $4,047 $173,700 $25,500 $148,200
2019 $3,978 $173,700 $25,500 $148,200
2018 $3,943 $173,700 $25,500 $148,200
2017 $3,804 $173,700 $25,500 $148,200
2016 $3,653 $159,500 $11,300 $148,200
2015 $3,573 $159,500 $11,300 $148,200
2014 $3,453 $159,500 $11,300 $148,200
2013 $3,318 $159,500 $11,300 $148,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1568573

Maine Listings

APN: BELF-000011-000000-000227