NOT LISTED FOR SALE

Estimated Value: $359,000 - $507,000

6 Beds
3 Baths
2,520 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $250,000 $99 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,745/month

12 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Heating System Uses Propane
  • Abraham Lincoln School Rated 10
  • Carpet

About This Home

As of March 2020

CASH FLOW!! This 3 unit apartment building has great cash flow, and since it was built as recently as 2005, very minimal maintenance is necessary. The lower level unit has had new flooring, paint and trim work done throughout in 2018. The other 2 units get a refresh if there is any turn over. Each unit has Rinnai on demand hot water units and dedicated heat, electric & hot water meters available. The simplicity of this property make this a great investment for a first rental property or to add to your investment portfolio. Call today for more information!

Last Agent to Sell the Property

Jodi Brasslett

Realty of Maine Listed on: 02/11/2020

Realty of Maine

Co-Listed By

Joseph Brasslett

Realty of Maine

Last Buyer's Agent

Michelle Ferrie

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 2005

Lot Details

  • 3,049 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,520 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 122
  • Assessor Parcel Number BANG-000040-000000-000122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,674

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2165
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: From Broadway turn onto Somerset St, turn Right onto Center St, Building is on the right with the sign up
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2520.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Exterior Only
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: BANG-000040-000000-000122
  • Zoning: URD2

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4674.39
  • Tax Book Number: 14325
  • Tax Lot: 122
  • Tax Map Number: 40
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 27, 2020
Sold by
Jaboc Investments Llc
Bought by
Ferrie Michelle A
Seller's Agent
Jodi Brasslett
Realty of Maine
Buyer's Agent
Michelle Ferrie
ERA Dawson-Bradford Co.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$422,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,404
Avg. Annual Appreciation
9.97%
Original Mortgage
$245,471
Outstanding Balance
$217,458
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$204,946

Purchase Details

Listed on
Jul 29, 2016
Closed on
Nov 1, 2016
Sold by
Crawford Anthony J and Crawford Alana J
Bought by
Jaboc Investments Llc
Seller's Agent
Norm Prouty
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Norm Prouty
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$175,000
Sold Price
$158,500
Premium/Discount to List
-$16,500
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Oct 18, 2005
Sold by
Lane Dev Llc
Bought by
Crawford Anthony J and Crawford Alana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Ferrie Michelle A -- None Available
Jaboc Investments Llc -- --
Crawford Anthony J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrie Michelle A $245,471
Previous Owner Crawford Anthony J $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2020 03/30/20 Sold $250,000 0.0% $99 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $249,900 +57.7% $99 / Sq Ft
10/31/2016 10/31/16 Sold $158,500 -9.4% $63 / Sq Ft View Prior Sale
09/27/2016 09/27/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $175,000 -- $69 / 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 $5,966 $321,600 $8,800 $312,800
2023 $5,626 $293,800 $8,800 $285,000
2022 $5,098 $249,900 $8,800 $241,100
2021 $5,006 $224,500 $8,100 $216,400
2020 $5,069 $218,500 $8,100 $210,400
2019 $4,793 $208,400 $8,100 $200,300
2018 $4,556 $198,500 $8,300 $190,200
2017 $4,425 $198,500 $8,300 $190,200
2016 $4,374 $194,400 $8,300 $186,100
2015 $4,311 $196,400 $8,300 $188,100
2014 $4,098 $188,000 $8,300 $179,700
2013 $3,950 $189,900 $8,300 $181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1444369

Maine Listings

APN: BANG-000040-000000-000122