NOT LISTED FOR SALE

Estimated Value: $249,000 - $545,885

-- Bed
6 Baths
2,248 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $200,000 $89 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,395/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • Corner Lot
  • 2-minute walk to Davenport Park

About This Home

As of October 2022

Walk to the Bangor Waterfront from this apartment building. Currently a 6-unit but is a legal 5 unit and needs 1 unit removed or changed to equal 5 units, per code enforcement in Bangor Both 2nd floor 1 bedroom units have been updated. Further updating needed but fully rented.

Last Agent to Sell the Property

Renee Hudgens

Realty of Maine Listed on: 08/19/2022

Realty of Maine

Co-Listed By

Kortnie Mullins

Realty of Maine

Last Buyer's Agent

Stephanie Henry

ERA Dawson-Bradford Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1880

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2,248 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 184
  • Assessor Parcel Number BANG-000035-000000-000184

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Operating Expense $23,491
  • Gross Income $35,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,112

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2165
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: Corner of First and Barker St.
  • Above Grade Finished Sq Ft: 2248.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2248.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 6
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 35772.0
  • Income Expenses Operating Expenses: 23491.0
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Foundation Materials:Granite2: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Slate: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Full, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Tile, Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Brick/Mortar
  • Roof: Slate

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 3920.4
  • Parcel #: BANG-000035-000000-000184
  • Zoning: 14 URD2

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 35772.0
  • Annual Operating Expense: 23491.0

Tax Info

  • Tax Annual Amount: 4112.0
  • Tax Book Number: 15108
  • Tax Lot: 184
  • Tax Map Number: 35
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 12, 2022
Sold by
Sumo Real Estate Llc
Bought by
Winks Properties Llc
Seller's Agent
Renee Hudgens
Realty of Maine
Buyer's Agent
Stephanie Henry
ERA Dawson-Bradford Co.
List Price
$179,000
Sold Price
$200,000
Premium/Discount to List
$21,000
11.73%
Current Estimated Value
$349,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,471
Avg. Annual Appreciation
20.60%
Original Mortgage
$288,000
Outstanding Balance
$276,390
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,081

Purchase Details

Closed on
Mar 28, 2019
Sold by
Tg & S Llc
Bought by
Sumo Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Giorgetti Steven R and Giorgetti Suanne M
Bought by
T G & S Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.34%
Mortgage Type
Commercial
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
Winks Properties Llc $200,000 None Available
Winks Properties Llc $200,000 None Available
Sumo Real Estate Llc -- --
Sumo Real Estate Llc -- --
T G & S Llc -- --
T G & S Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winks Properties Llc $288,000
Closed Winks Properties Llc $288,000
Previous Owner Sumo Real Estate Llc $144,000
Previous Owner T G & S Llc $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $200,000 +11.7% $89 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $179,000 -- $80 / 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 $6,422 $346,200 $10,900 $335,300
2023 $4,144 $216,400 $10,900 $205,500
2022 $4,121 $202,000 $10,900 $191,100
2021 $4,112 $184,400 $10,100 $174,300
2020 $4,021 $173,300 $9,600 $163,700
2019 $3,942 $171,400 $9,600 $161,800
2018 $3,713 $161,800 $9,300 $152,500
2017 $3,435 $150,900 $8,500 $142,400
2016 $3,467 $154,100 $8,500 $145,600
2015 $3,297 $150,200 $8,500 $141,700
2014 $3,218 $147,600 $8,500 $139,100
2013 $3,047 $146,500 $8,200 $138,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1540610

Maine Listings

APN: BANG-000035-000000-000184