$497,500
SOLD OCT 18, 2024

82 Main St Woolwich, ME 04579

-- Bed
5 Baths
2,587 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$192 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • Nearby Water Access
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Baseboard Heating
  • Carpet

About This Home

As of October 2024

Rare 5 Unit investment property, long term tenants, short distance to BIW. Most of the units have been updated. Don't miss out!
Fully Occupied. Showings to be scheduled between 12-2 Monday - Wednesday (16th-18th).

Last Agent to Sell the Property

Robert Whisenant

RE/MAX Riverside Listed on: 09/15/2024

RE/MAX Riverside

Last Buyer's Agent

Nancy Carleton

Vitalius Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 5 Full Bathrooms
  • 2,587 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 79
  • Assessor Parcel Number WOOL-000002-000000-000079U

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $15,030
  • Gross Income $56,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,404

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • MLS Status: Closed
  • Directions: Corner of Ferry Rd and US Rt 1
  • Above Grade Finished Sq Ft: 2587.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2587.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 56100.0
  • Income Expenses Operating Expenses: 15030.0
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Washer/Dryer Other Location: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Sewer:Quasi-Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Partial, Exterior Only, Unfinished
  • Full Bathrooms: 5
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Other
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: WOOL-000002-000000-000079U
  • Zoning: Gen Purpose

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 56100.0
  • Annual Operating Expense: 15030.0

Tax Info

  • Tax Annual Amount: 2404.0
  • Tax Book Number: 2018r
  • Tax Lot: 79
  • Tax Map Number: U02
  • Tax Year: 2023

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
10/18/2024 10/18/24 Sold $497,500 -7.0% $192 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/15/2024 09/15/24 For Sale $534,900 +98.1% $207 / Sq Ft
01/10/2018 01/10/18 For Sale $270,000 0.0% $104 / Sq Ft
01/09/2018 01/09/18 Sold $270,000 +40.3% $104 / Sq Ft
01/05/2018 01/05/18 Pending -- -- --
10/31/2014 10/31/14 Sold $192,500 -15.9% $74 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $229,000 -- $89 / 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 $2,607 $156,100 $22,300 $133,800
2023 $2,404 $156,100 $22,300 $133,800
2022 $2,404 $156,100 $22,300 $133,800
2021 $2,404 $156,100 $22,300 $133,800
2020 $2,404 $156,100 $22,300 $133,800
2019 $2,365 $156,100 $22,300 $133,800
2018 $2,342 $156,100 $22,300 $133,800
2017 $2,123 $147,400 $22,300 $125,100
2016 $2,093 $147,400 $22,300 $125,100
2015 $2,093 $147,400 $22,300 $125,100
2014 $2,108 $147,400 $22,300 $125,100
2013 $2,034 $147,400 $22,300 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1603803

Maine Listings