Seller's Agent in 2023
Sierra Lemieux
Fontaine Family-The Real Estate Leader
(207) 376-7255
2 in this area
118 Total Sales
81 Mitchell St Mechanic Falls, ME 04256
Estimated Value: $403,000 - $490,062
--
Bed
4.5
Baths
5,014
Sq Ft
$92/Sq Ft
Est. Value
Highlights
- 3.08 Acre Lot
- Deck
- Wooded Lot
- Colonial Architecture
- Property is near public transit
- Wood Flooring
About This Home
As of September 2023Introducing 81 Mitchell St, a 4 Unit investment or owner occupy property on 3 acres of land! The major systems have recently been done for you, including new heating system this Spring and new hot water heater for unit 1, new roof (2022/2023) vinyl siding only 3 yrs old, both decks re-done this Summer, and reclaimed asphalt in the front driveway just laid. The large first floor unit with 2-3 bedrooms, laundry room, office area, barn storage access, and 1 1/2 bathrooms, would be a great owner occupy unit, with the turn around driveway, beautiful farmer's porch, and overlooking the expansive side yard! The other three 1 bedroom units have all been renovated in the last 3 years, and they share a large parking area in the rear of the building, and pay for their own electricity and hot water, with hot water heaters accessible right in the units. Located just 15 minutes from Auburn. This is a unique opportunity the best of both worlds of home owning, income & land!
Last Agent to Sell the Property
Fontaine Family-The Real Estate Leader Listed on: 08/03/2023
Last Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,237
Year Built
- Built in 1840
Lot Details
- 3.08 Acre Lot
- Level Lot
- Open Lot
- Wooded Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Farmhouse Style Home
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 5,014 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
Unfinished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Dirt Floor
- Crawl Space
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
Additional Features
- Roll-in Shower
- Property is near public transit
Listing and Financial Details
- Tax Lot 40
- Assessor Parcel Number MECH-000020-000000-000040
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $15,950
- Gross Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Sep 8, 2023
Sold by
6 Sigma Properties Llc
Bought by
Tavantzis Michael J and Tavantzis Natalia
Seller's Agent
Sierra Lemieux
Fontaine Family-The Real Estate Leader
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$425,000
Sold Price
$425,000
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
$34,016
Avg. Annual Appreciation
0.10%
Original Mortgage
$340,000
Outstanding Balance
$334,213
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$91,656
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 |
|---|---|---|---|
| Tavantzis Michael J | $425,000 | None Available | |
| Tavantzis Michael J | $425,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tavantzis Michael J | $340,000 | |
| Closed | Tavantzis Michael J | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $425,000 | 0.0% | $85 / Sq Ft |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $425,000 | +400.0% | $85 / Sq Ft |
| 12/30/2015 12/30/15 | Sold | $85,000 | -26.6% | $36 / Sq Ft |
| 11/24/2015 11/24/15 | Pending | -- | -- | -- |
| 10/26/2015 10/26/15 | For Sale | $115,735 | -- | $49 / 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 | $4,761 | $309,158 | $59,824 | $249,334 |
| 2023 | $4,328 | $309,158 | $59,824 | $249,334 |
| 2022 | $3,237 | $145,496 | $28,480 | $117,016 |
| 2021 | $3,143 | $145,496 | $28,480 | $117,016 |
| 2020 | $3,121 | $145,496 | $28,480 | $117,016 |
| 2019 | $3,048 | $145,496 | $28,480 | $117,016 |
| 2018 | $3,172 | $145,496 | $28,480 | $117,016 |
| 2017 | $3,201 | $145,496 | $28,480 | $117,016 |
| 2016 | $3,102 | $145,496 | $28,480 | $117,016 |
| 2015 | $3,901 | $182,301 | $28,480 | $153,821 |
| 2014 | $3,865 | $182,301 | $28,480 | $153,821 |
Source: Public Records
Agents Affiliated with this Home
-
Sierra Lemieux
-
Jeffrey Mateja
Buyer's Agent in 2023
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
5 in this area
908 Total Sales
-
D
Seller's Agent in 2015
Dana Trumann
CENTURY 21 Advantage
Map
Source: Maine Listings
MLS Number: 1567538
APN: MECH-000020-000000-000040
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