NOT LISTED FOR SALE

81 Elm St Mechanic Falls, ME 04256

Estimated Value: $103,000

3 Beds
2 Baths
2,200 Sq Ft
$47/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $18,000 $8 Per Sq Ft

Est. 472% increase in value since last sale

Current estimated payment $790/month

34 Days on Market

Highlights

  • Barn
  • New Englander Architecture
  • Forced Air Heating System
  • Wood Flooring
  • No HOA
  • Hot Water Heating System

About This Home

As of June 2016

What a great price! This 2 unit features a pair of 3 bed 1 bath apartments, large barn, and is centrally located near all in town amenities. This house will require repair, but at this price there is no way to lose. Property was built prior to 1978 and lead based paint may potentially exist.

Last Agent to Sell the Property

Robert Dennison JR

Regency Realty Group Listed on: 04/08/2016

Last Buyer's Agent

Daniel Downs

Bean Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.51 Acre Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,200 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater

Additional Features

  • City Lot
  • Barn

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 29
  • Assessor Parcel Number MECH-000021-000000-000029

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Elm Street
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: New Englander
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2200.0
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Exterior:Wood Siding: Yes
  • Water:Private2: Yes
  • Property Information:Bank Owned REO: Yes
  • Style:New Englander: Yes
  • Other Structures Barn2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Other, Brick/Mortar
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: MECH-000021-000000-000029
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Book Number: 9314
  • Tax Lot: 29
  • Tax Map Number: 21
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jun 7, 2016
Sold by
Usa Va
Bought by
French William
Seller's Agent
Robert Dennison JR
Regency Realty Group
Buyer's Agent
Daniel Downs
Bean Group
List Price
$19,500
Sold Price
$18,000
Premium/Discount to List
-$1,500
-7.69%
Current Estimated Value
$103,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,000

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 13, 2016
Sold by
Us Bank Na Tr
Bought by
Usa Va
Seller's Agent
Robert Dennison JR
Regency Realty Group
Buyer's Agent
Daniel Downs
Bean Group
List Price
$19,500
Sold Price
$18,000
Premium/Discount to List
-$1,500
-7.69%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Us Bank Na Tr
Bought by
Us Bank Na Tr
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
French William $18,000 --
Usa Va -- --
Us Bank Na Tr -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $18,000 -7.7% $8 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $19,500 -- $9 / 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 $2,950 $191,539 $40,806 $150,733
2023 $2,682 $191,539 $40,806 $150,733
2022 $1,462 $65,692 $18,628 $47,064
2021 $1,419 $65,692 $18,628 $47,064
2020 $1,409 $65,692 $18,628 $47,064
2019 $1,376 $65,692 $18,628 $47,064
2018 $1,432 $65,692 $18,628 $47,064
2017 $1,827 $83,029 $22,271 $60,758
2016 $2,302 $107,997 $22,271 $85,726
2015 $2,311 $107,997 $22,271 $85,726
2014 $2,290 $107,997 $22,271 $85,726
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Dennison JR

    Regency Realty Group

  • D

    Buyer's Agent in 2016

    Daniel Downs

    Bean Group

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Map

Source: Maine Listings

MLS Number: 1258047

Maine Listings

APN: MECH-000021-000000-000029

Maine Androscoggin County Mechanic Falls 04256

81 Elm St, Mechanic Falls, ME

This home is located at 81 Elm St, Mechanic Falls, ME 04256 since 08 April 2016 and is currently priced at $103,000, approximately $46 per square foot. This property was built in 1900. 81 Elm St is a home located in Androscoggin County with nearby schools including Elm Street School - Mechanic Falls and Poland Spring Academy.

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