NOT LISTED FOR SALE

Estimated Value: $309,000 - $477,000

7 Beds
3 Baths
3,860 Sq Ft
$102/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $100,000 $26 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $2,563/month

21 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • 4-minute walk to Kennedy Park
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of July 2020

Great investment featuring 3 large 3 bedroom units, vinyl siding, parking, as well as updated 100 amp elec. breaker panels and 93% efficient Lochinvar natural gas boiler. . Priced to sell as all UNITS ARE EMPTY and are in need of updating. Income and expenses are based on the past and projections from property manager.

Last Agent to Sell the Property

Karen Bowe

Keller Williams Realty Listed on: 06/18/2020

Last Buyer's Agent

John Danforth

Berkshire Hathaway HomeServices Northeast Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,860 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • High-Efficiency Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 391
  • Assessor Parcel Number LEWI-000195-000000-000391

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,119
  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: Ash Street, left on Horton Street. Property on left.
  • Above Grade Finished Sq Ft: 3860.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Efficiency: 90% Efficient Furnace
  • Building Stories: 3
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3860.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 30900.0
  • Income Expenses Operating Expenses: 11119.0
  • Style:Multi-Level: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 4791.6
  • Parcel #: LEWI-000195-000000-000391
  • Zoning: NCB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30900.0
  • Annual Operating Expense: 11119.0

Tax Info

  • Tax Annual Amount: 2656.0
  • Tax Book Number: 6588
  • Tax Lot: 391
  • Tax Map Number: 195
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2021
Sold by
Saharob Properties Llc
Bought by
Mukhtar Jamal A and Said Mohammed Y
Current Estimated Value
$406,667

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 31, 2020
Sold by
Bork Daniel L and Bork Korrine D
Bought by
Saharob Properties Llc
Seller's Agent
Karen Bowe
Keller Williams Realty
Buyer's Agent
John Danforth
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.56%

Purchase Details

Closed on
Nov 29, 2005
Sold by
Palatine Hill Ent Llc
Bought by
Bork Daniel L and Bork Korrine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mukhtar Jamal A -- None Available
Mukhtar Jamal A -- None Available
Saharob Properties Llc -- None Available
Saharob Properties Llc -- None Available
Bork Daniel L -- --
Bork Daniel L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bork Daniel L $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $100,000 -8.3% $26 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $109,000 -- $28 / 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 $3,806 $119,800 $17,040 $102,760
2023 $3,594 $119,800 $17,040 $102,760
2022 $3,414 $119,800 $17,040 $102,760
2021 $2,597 $91,900 $17,040 $74,860
2020 $2,634 $91,860 $17,040 $74,820
2019 $2,656 $91,860 $17,040 $74,820
2018 $2,634 $91,860 $17,040 $74,820
2017 $2,574 $91,860 $17,040 $74,820
2016 $2,530 $91,860 $17,040 $74,820
2015 $2,514 $91,860 $17,040 $74,820
2014 $2,443 $91,860 $17,040 $74,820
2013 $2,429 $91,860 $17,040 $74,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1456873

Maine Listings

APN: LEWI-000195-000000-000391