NOT LISTED FOR SALE

812 Stillwater Ave Old Town, ME 04468

Estimated Value: $273,000 - $407,095

4 Beds
4 Baths
2,540 Sq Ft
$143/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $329,000 $130 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,387/month

318 Days on Market

Highlights

  • Additional Residence on Property
  • Property is near public transit
  • Farmhouse Style Home
  • Barn
  • Main Floor Bedroom
  • No HOA

About This Home

As of December 2022

MULTI-FAMILY MAGIC can be found in the numbers. Newer wall hung boiler and heating fuel converted to natural gas. Check out the spacious first floor comprised of: Apartment #1=1-bedroom rented for $1,780/mo, and approx. 654 sqft. Apartment #3=efficiency with 217 sqft rented for $460/mo, undeveloped workshop with a half bath=520 sqft, a connected shed and 2-story barn available for additional storage. Laundry room on site.Entire second floor: Apartment #2= approx. 1,376 sqft and 2 bedrooms. It has been completely renovated from studs out by Paul Davis. New roof sheathing and shingles, new electric, new baseboard, new dormer, new windows, new flooring, new paint, new kitchen including new granite countertops, new shelving above sink and new SS appliances. All new bath with shelving, baskets, tub/shower combo, vanity and toilet. New mudroom area between stairs and apartment measuring 2.10X7.5. Great for storage, coats and boots. It is rented for $1,500/month. The apt is larger than many starter homes. Great potential to rent to visiting medical professional or other professionals.Apartment #4 rented for $750/mo is a detached 372 sqft 1-bedroom with water/sewer/heat from main house. The lot has over 1/2 acre of land, three parking areas and unlimited possibilities. Code states building can be expanded to 5 units if workshop is converted to living space, or more with barns developed. Close proximity to UMaine and adjacent to the bike trails, this multi-family checks all the buyer boxes while providing a long-term tenant solution. See the attached front, side and rear elevations to better understand the layout and apartment locations/sizes.

Last Agent to Sell the Property

Marianna Reeves

ERA Dawson-Bradford Co. Listed on: 12/10/2021

ERA Dawson-Bradford Co.

Last Buyer's Agent

Corey Lee

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,995

Year Built

  • Built in 1900

Lot Details

  • 0.59 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Brick Foundation
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • ENERGY STAR Qualified Appliances
  • Property Views

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • Attached Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Shed
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Additional Features

  • Additional Residence on Property
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number OLDN-000018-000000-000006

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,235
  • Gross Income $45,645

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,995

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.59
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Stillwater Ave on right past College Ave and VIP. Sign going up 12/10/21 hopefully. There are two separate properties for sale both accessed by 812 Stillwater: the MF with 2 buildings & 806 Stillwater located on separate parcel but over 812 Stillwater.
  • Above Grade Finished Sq Ft: 2540.0
  • Architectural Style: Bungalow, Farmhouse
  • Garage Yn: Yes
  • Efficiency: Energy Star Appliances
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.59
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2540.0
  • Property Information:Garage: Yes
  • 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:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Style:Bungalow: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 45645.0
  • Income Expenses Operating Expenses: 8235.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Foundation Materials:PillarPostPier: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • View:Fields: Yes
  • Site:PastureField: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Pasture, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • View: Fields
  • Waterfront: No
  • Construction Type: Clapboard, Aluminum Siding, Wood Frame
  • Foundation Details: Stone, Granite, Pillar/Post/Pier, Concrete Perimeter, Brick/Mortar
  • Other Structures: Barn, Outbuilding, Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street, Storage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 34

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.4
  • Parcel #: OLDN-000018-000000-000006
  • Zoning: C-3 Hwhy Comm

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 45645.0
  • Annual Operating Expense: 8235.0

Tax Info

  • Tax Annual Amount: 2995.0
  • Tax Book Number: 11613
  • Tax Lot: 6
  • Tax Map Number: 18
  • Tax Year: 21

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $329,000 -5.7% $130 / Sq Ft
10/25/2022 10/25/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $349,000 -- $137 / 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 $4,328 $244,500 $19,200 $225,300
2023 $4,329 $244,600 $19,200 $225,400
2022 $3,658 $174,200 $16,700 $157,500
2020 $649 $131,100 $16,200 $114,900
2019 $2,997 $131,100 $16,200 $114,900
2018 $2,997 $131,100 $16,200 $114,900
2017 $2,930 $131,100 $16,200 $114,900
2016 $2,765 $131,100 $16,200 $114,900
2015 $2,774 $131,100 $16,200 $114,900
2014 $2,650 $131,100 $16,200 $114,900
2013 $2,450 $131,100 $16,200 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1516332

Maine Listings

APN: OLDN-000018-000000-000006