NOT LISTED FOR SALE

826 Us Hwy 1 Hancock, ME 04640

1 Bed
15 Baths
1,500 Sq Ft
14.11 Acres

Last Sold October 07, 2021

Last sale price $1,100,000 $733 Per Sq Ft

9 Days on Market

Highlights

  • 14.11 Acre Lot
  • No HOA
  • Level Lot
  • Ranch Style House
  • Coin Laundry
  • Carpet

About This Home

As of October 2021

15 unit apartment complex consisting of 6 separate buildings. One 5 unit building (1198) and 5 duplexes. (2017-2021) Great location and rental history.

Last Agent to Sell the Property

Robert McKenney

Acadia Realty Group Listed on: 04/09/2021

Last Buyer's Agent

Jefferson Clark

RE/MAX Hills and Harbors Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,023

Year Built

  • Built in 1998

Lot Details

  • 14.11 Acre Lot
  • Dirt Road
  • Level Lot

Home Design

  • 1,500 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Septic System

Additional Features

  • 15 Full Bathrooms
  • Suburban Location

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number HANK-000220-000000-000056

Community Details

Overview

  • No Home Owners Association
  • 15 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $20,135
  • Gross Income $139,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,023

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 14.11
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Headed towards Hancock from Ellsworth property on the left just after Franklin Roads.
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1998
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 14.11
  • Property Information:Total Baths: 15.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • 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 Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 15
  • Income Expenses Gross Income: 139380.0
  • Income Expenses Operating Expenses: 20135.38
  • Basement:Slab2: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 15
  • Flooring: Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Near Town, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On, Pole
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 614631.6
  • Parcel #: HANK-000220-000000-000056
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 15
  • Annual Gross Income: 139380.0
  • Annual Operating Expense: 20135.38

Tax Info

  • Tax Annual Amount: 9022.65
  • Tax Book Number: 6667
  • Tax Lot: 56
  • Tax Map Number: 220
  • Tax Year: 2021

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
10/07/2021 10/07/21 Sold $1,100,000 -12.0% $733 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,250,000 -- $833 / 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 $12,030 $1,023,800 $225,700 $798,100
2023 $10,750 $1,023,800 $225,700 $798,100
2022 $10,750 $1,023,800 $225,700 $798,100
2021 $600 $54,500 $54,500 $0
2019 $583 $54,500 $54,500 $0
2018 $600 $54,500 $54,500 $0
2017 $600 $54,500 $54,500 $0
2016 $600 $54,500 $54,500 $0
2015 $564 $54,500 $54,500 $0
2014 $545 $54,500 $54,500 $0
2013 $542 $54,500 $54,500 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert McKenney

    Acadia Realty Group

  • J

    Buyer's Agent in 2021

    Jefferson Clark

    RE/MAX Hills and Harbors Realty

    Section Image

  • J

    Buyer's Agent in 2021

    Jeff Clark

    Vylla Home

    Section Image
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Map

Source: Maine Listings

MLS Number: 1487095

Maine Listings

APN: HANK M:220 L:058

Maine Hancock County Hancock 04634

826 Us Hwy 1, Hancock, ME

This home is located at 826 Us Hwy 1, Hancock, ME 04640 since 09 April 2021. This property was built in 1998. 826 Us Hwy 1 is a home located in Hancock County with nearby schools including Sumner Memorial High School.

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