NOT LISTED FOR SALE

86 Cottage St Sanford, ME 04073

Estimated Value: $395,000 - $597,000

7 Beds
3 Baths
3,096 Sq Ft
$148/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $265,000 $86 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,993/month

31 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • No HOA

About This Home

As of January 2021

Investors take notice with this neat and tidy 3 unit building with a large yard in the back for privacy. The property offer a 3 bedroom apt is spacious and beautiful updated kitchen, livingroom, office area, hardwood flooring throughout, plenty of space for all your needs! The 2 two bedroom apts offer livingroom, diningroom, also washer and dryer avaliable, heat is included as well. Truly a gem well maintained and cared for through the years. You will need a 24-48 hour notice all units are occupied.

Last Agent to Sell the Property

Sherry James

Exit Key Real Estate Listed on: 11/20/2020

Last Buyer's Agent

Denise Goulet

EXIT Oceanside Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1935

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,096 Sq Ft Home
  • 2-Story Property
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number SANF-000028-I000027

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,908
  • Gross Income $35,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 109 to Winter St. to CottageSt. sits across from Rogers Supa Dolla.
  • Above Grade Finished Sq Ft: 3096.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1935
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3096.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 35700.0
  • Income Expenses Operating Expenses: 9908.0
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Fiberglass: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Fiberglass

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: SANF-000028-I000027
  • Zoning: COMM/RES

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 35700.0
  • Annual Operating Expense: 9908.0

Tax Info

  • Tax Annual Amount: 4588.0
  • Tax Book Number: 18112
  • Tax Lot: 28
  • Tax Map Number: 127
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 15, 2021
Sold by
86 Cottage Street Llc
Bought by
Perron Lisa V
Seller's Agent
Sherry James
Exit Key Real Estate
Buyer's Agent
Denise Goulet
EXIT Oceanside Realty
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$459,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,618
Avg. Annual Appreciation
12.60%
Original Mortgage
$191,250
Outstanding Balance
$171,471
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$288,147

Purchase Details

Closed on
May 22, 2006
Sold by
Hall Sarah L
Bought by
Gallant Melissa J and Gallant Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,425
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
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
Perron Lisa V -- Misc Company
Gallant Melissa J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perron Lisa V $191,250
Previous Owner Gallant Melissa J $206,000
Previous Owner Gallant Melissa J $217,425
Previous Owner Hall Sarah L $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $265,000 -3.6% $86 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $274,900 -- $89 / 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 $5,920 $366,800 $36,600 $330,200
2023 $5,505 $363,600 $36,600 $327,000
2022 $5,381 $363,600 $36,600 $327,000
2021 $4,661 $256,400 $36,600 $219,800
2020 $4,588 $227,600 $36,600 $191,000
2019 $4,440 $214,500 $36,600 $177,900
2018 $3,839 $214,500 $36,600 $177,900
2017 $4,449 $214,500 $36,600 $177,900
2016 $3,895 $171,300 $36,600 $134,700
2015 $3,839 $174,200 $36,900 $137,300
2014 $3,766 $174,200 $36,900 $137,300
2013 -- $174,200 $36,900 $137,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1474115

Maine Listings

APN: SANF-000028-I000027