NOT LISTED FOR SALE

806 Main St Monmouth, ME 04259

Estimated Value: $313,000

8 Beds
3 Baths
5,320 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $225,732 $42 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,147/month

5 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • Cooling Available
  • Colonial Architecture
  • No HOA
  • Forced Air Heating System

About This Home

As of October 2021

Come see this large 3 unit multi-family building boasting of 3 bedrooms per each unit! This property has been well maintained and boasts a large back yard, while being situated right near downtown Monmouth. Local amenities include the town library, Cumston Hall Theater, Apple Valley Bakery, Monmouth beach, and so much more! Presently fully occupied, this property makes a great investment opportunity or would be great owner occupied.

Last Agent to Sell the Property

Garret Getch

Keller Williams Realty Listed on: 06/17/2021

Last Buyer's Agent

David Holman

RE/MAX Riverside

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 1850

Lot Details

  • 1.8 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Brick Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • 3 Full Bathrooms
  • Washer and Dryer Hookup
  • City Lot

Listing and Financial Details

  • Tax Lot 066
  • Assessor Parcel Number MONM-000051-000000-000066

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,316
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,733

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.8
  • MLS Status: Closed
  • Directions: North on Main St., property is second on right after Cumston Hall
  • Above Grade Finished Sq Ft: 3684.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: No
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.8
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3684.0
  • Property Information:SqFt Finished Below Grade: 1636.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 7315.76
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Basement:Dirt Floor: Yes
  • Basement:BrickMortar: Yes
  • Location:Rural: Yes
  • View:TreesWoods: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Crawl Space, Sump Pump, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1636.0
  • Flooring: Wood, Vinyl, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Rural
  • View: Trees/Woods, Scenic
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 78408.0
  • Parcel #: MONM-000051-000000-000066
  • Zoning: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 7315.76

Tax Info

  • Tax Annual Amount: 3733.0
  • Tax Book Number: 13479
  • Tax Lot: 066
  • Tax Map Number: 051
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 18, 2020
Sold by
Sk Housing Llc
Bought by
Johnson Andrew P and Johnson Emily G
Seller's Agent
Patrick Casalinova
Keller Williams Realty
Buyer's Agent
Garret Getch
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$159,900
Sold Price
$142,000
Premium/Discount to List
-$17,900
-11.19%
Current Estimated Value
$313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,000
Avg. Annual Appreciation
13.66%
Original Mortgage
$106,875
Outstanding Balance
$95,432
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$190,568

Purchase Details

Listed on
Jul 28, 2015
Closed on
May 6, 2016
Sold by
Beneficial Maine Inc
Bought by
Mecap Llc
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$68,000
Sold Price
$20,000
Premium/Discount to List
-$48,000
-70.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.50%

Purchase Details

Closed on
Sep 15, 2015
Sold by
Allen Barbara A
Bought by
Beneficial Maine Inc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Monmouth Town Of
Bought by
Allen Barbara and Allen Thomas
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
Johnson Andrew P -- None Available
Mecap Llc -- --
Beneficial Maine Inc -- --
Allen Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Andrew P $106,875
Previous Owner Sk Housing Llc $579,000
Previous Owner Sk Housing Llc $375,000
Previous Owner Sk Housing Llc $579,000
Previous Owner Allen Barbara A $117,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $225,732 -1.9% $42 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $230,000 +62.0% $43 / Sq Ft
02/19/2020 02/19/20 Sold $142,000 -11.2% $27 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $159,900 +699.5% $30 / Sq Ft
05/04/2016 05/04/16 Sold $20,000 -70.6% $5 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $68,000 -- $18 / 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 $5,012 $245,100 $35,200 $209,900
2023 $4,436 $245,100 $35,200 $209,900
2022 $4,155 $213,100 $30,600 $182,500
2021 $4,006 $213,100 $30,600 $182,500
2020 $3,868 $213,100 $30,600 $182,500
2018 $3,733 $212,700 $30,600 $182,100
2017 $3,733 $212,700 $30,600 $182,100
2016 $3,454 $208,700 $30,400 $178,300
2015 $3,256 $208,700 $30,400 $178,300
2013 $3,037 $208,700 $30,400 $178,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496622

Maine Listings

APN: MONM-000051-000000-000066