NOT LISTED FOR SALE

83 Herschel St Caribou, ME 04736

Estimated Value: $136,000 - $284,000

-- Bed
5 Baths
2,500 Sq Ft
$71/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $105,000 $42 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,177/month

85 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of January 2024

3 story, 4 units apartment building .Coin operated washer and dryer, 4 refrigerators, 4 stoves, 3 apartments updated 2021-2022, electrical, plumbing, lots of new sheet rock, hallway updated, 2 new bathrooms.

Last Agent to Sell the Property

Steve Scott

Bernard-Coury Realty Listed on: 08/21/2023

Co-Listed By

Liza Guerrette

Bernard-Coury Realty

Last Buyer's Agent

Liza Guerrette

Bernard-Coury Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2,500 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Laminate

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 83HershellStreetCaribou04736

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $12,548
  • Gross Income $35,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: 3324
  • Co List Office Phone: 207-492-4571
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2500.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1960
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2500.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 35280.0
  • Income Expenses Operating Expenses: 12548.04
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 5
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • 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: 7405.2
  • Parcel #: 83HershellStreetCaribou04736
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 35280.0
  • Annual Operating Expense: 12548.04

Tax Info

  • Tax Annual Amount: 2491.27
  • Tax Book Number: 6310
  • Tax Lot: 010
  • Tax Map Number: 031
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 28, 2023
Sold by
North Country Invs Llc
Bought by
Singh Vivek and Raghuvanshi Monika
Seller's Agent
Steve Scott
Bernard-Coury Realty
Buyer's Agent
Liza Guerrette
Bernard-Coury Realty
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%
Current Estimated Value
$176,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,722
Avg. Annual Appreciation
25.71%
Original Mortgage
$78,750
Outstanding Balance
$77,796
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,550

Purchase Details

Closed on
Dec 17, 2015
Sold by
Hcl Apartments Llc
Bought by
Country Farms Props Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Singh Vivek $105,000 None Available
Singh Vivek $105,000 None Available
Country Farms Props Inc -- --
Country Farms Props Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Vivek $78,750
Closed Singh Vivek $78,750
Previous Owner Country Farms Props Inc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $105,000 -19.2% $42 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $130,000 -- $52 / 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 $2,874 $134,300 $14,100 $120,200
2023 $2,619 $134,300 $14,100 $120,200
2022 $2,200 $93,400 $12,200 $81,200
2021 $2,200 $93,400 $12,200 $81,200
2020 $628 $93,400 $12,200 $81,200
2019 $1,315 $93,400 $12,200 $81,200
2018 $556 $93,400 $12,200 $81,200
2017 $1,309 $93,400 $12,200 $81,200
2016 $514 $93,400 $12,200 $81,200
2015 $2,098 $93,400 $12,200 $81,200
2014 $2,083 $93,400 $12,200 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569466

Maine Listings

APN: CARI-000031-000000-000010