NOT LISTED FOR SALE

Estimated Value: $399,000 - $824,000

-- Bed
8 Baths
5,388 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $350,000 $65 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,657/month

125 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Main Floor Bedroom
  • Zoned Heating
  • Level Lot

About This Home

As of April 2017

Updated 8 unit with solid rental history. Building has new high eff. natural gas wall hung boiler, spray foam basement walls, vinyl windows & new roofing. Great parking with room for each units cars. With just a little interior updating rents can go higher to or do nothing & run at current 10% cap rate return!

Last Agent to Sell the Property

Kurtis Marsh

Realty of Maine Listed on: 10/17/2016

Realty of Maine

Last Buyer's Agent

Robert Dalton

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,660

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,388 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 8 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Heater

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Tax Lot 148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,660

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2165
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: Cedar to 4th Street, building on left.
  • Above Grade Finished Sq Ft: 5388.0
  • Architectural Style: Colonial
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 5388.0
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 8
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Tank: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Full, Not Applicable, Unfinished
  • Full Bathrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 3
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 999999
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 4660.0
  • Tax Book Number: 12375
  • Tax Lot: 148
  • Tax Map Number: 034
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2023
Sold by
Maine Way Properties Llc
Bought by
35 Main Downtown Llc
Current Estimated Value
$574,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$410,589
Interest Rate
6.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$162,982

Purchase Details

Listed on
Oct 17, 2016
Closed on
May 3, 2017
Sold by
K & C Properties Llc
Bought by
Maine Way Properties Llc
Seller's Agent
Kurtis Marsh
Realty of Maine
Buyer's Agent
Robert Dalton
Realty of Maine
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$280,000
Interest Rate
4.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
35 Main Downtown Llc $400,000 None Available
35 Main Downtown Llc $400,000 None Available
Maine Way Properties Llc -- --
Maine Way Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 35 Main Downtown Llc $420,000
Closed 35 Main Downtown Llc $420,000
Previous Owner Maine Way Prop Llc $50,300
Previous Owner Maine Way Properties Llc $280,000
Previous Owner Maine Way Properties Llc $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $350,000 -2.8% $65 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $359,900 -- $67 / 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 $6,133 $330,600 $20,400 $310,200
2023 $5,825 $304,200 $20,400 $283,800
2022 $4,992 $244,700 $20,400 $224,300
2021 $5,191 $232,800 $19,700 $213,100
2020 $5,046 $217,500 $18,700 $198,800
2019 $4,950 $215,200 $18,700 $196,500
2018 $4,810 $209,600 $18,700 $190,900
2017 $4,684 $208,800 $18,700 $190,100
2016 $4,660 $207,100 $18,700 $188,400
2015 $4,432 $201,900 $18,700 $183,200
2014 $4,329 $198,600 $18,700 $179,900
2013 $4,304 $206,900 $18,700 $188,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1286280

Maine Listings

APN: BANG-000034-000000-000148