$182,500
SOLD AUG 30, 2024

86 Lincoln Ave Rumford, ME 04276

-- Bed
2 Baths
2,288 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

1% Above List Price

94 Days on Market

Highlights

  • No HOA
  • Bathtub
  • Shed
  • Enclosed Glass Porch
  • Accessible Approach with Ramp
  • Zoned Heating

About This Home

As of August 2024

Spacious 2 unit with 2 bedrooms and a dining room in each unit. Each unit has a porch, a large bathroom w laundry hook ups, a pantry, and storage shed attached. Building has a nice tarred driveway to park. First floor is ramp handicapped accessible. Both units are owner occupied and will be vacant upon closing. Third floor hasn't been used in years but is potential square footage

Last Agent to Sell the Property

Roy L'Italien

CENTURY 21 Advantage Listed on: 04/29/2024

CENTURY 21 Advantage

Last Buyer's Agent

Brenda James

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 1902

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

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

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Shed
  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 175
  • Assessor Parcel Number RUMF-000113-000000-000175

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,987

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Driveway is on Hancock St.
  • Above Grade Finished Sq Ft: 2288.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1902
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2288.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • 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: 5227.2
  • Parcel #: RUMF-000113-000000-000175
  • Zoning: None

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1987.0
  • Tax Book Number: 5777
  • Tax Lot: 175
  • Tax Map Number: 113
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 30, 2024
Sold by
Aalto Tauno O and Aalto Sally L
Bought by
Wacome Raymond
Seller's Agent
Roy L'Italien
CENTURY 21 Advantage
Buyer's Agent
Brenda James
Bean Group
List Price
$180,000
Sold Price
$182,500
Premium/Discount to List
$2,500
1.39%
Views
22
Current Estimated Value
$191,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,020
Avg. Annual Appreciation
7.62%
Original Mortgage
$173,375
Outstanding Balance
$171,693
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$24,563

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 25, 2023
Sold by
Metayer Raoul A and Metayer Lorraine G
Bought by
Aalto Tauno O and Aalto Sally-Louise
Seller's Agent
Matt Pingree
Amnet Realty
Buyer's Agent
Richard Adam Fraser
Brookewood Realty
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Aug 13, 2008
Sold by
Metayer Raoul A
Bought by
Metayer Michael
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 Type Sale Price Title Company
Warranty Deed $182,500 None Available
Warranty Deed $182,500 None Available
Warranty Deed $159,000 None Available
Warranty Deed $159,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,375 Purchase Money Mortgage
Closed $173,375 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $182,500 +2.2% $80 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $178,500 -0.8% $78 / Sq Ft
04/29/2024 04/29/24 For Sale $180,000 0.0% $79 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $180,000 +13.2% $79 / Sq Ft
09/25/2023 09/25/23 Sold $159,000 0.0% $69 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $159,000 -- $69 / 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 $2,084 $125,400 $19,400 $106,000
2023 $1,987 $89,600 $13,900 $75,700
2022 $1,987 $89,600 $13,900 $75,700
2021 $2,012 $89,600 $13,900 $75,700
2020 $2,025 $89,600 $13,900 $75,700
2019 $1,525 $49,990 $3,500 $46,490
2018 $940 $49,990 $3,500 $46,490
2017 $1,442 $49,990 $3,500 $46,490
2016 $1,400 $49,990 $3,500 $46,490
2015 $1,372 $49,990 $3,500 $46,490
2014 $1,347 $49,990 $3,500 $46,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1586345

Maine Listings

APN: RUMF-000113-000000-000175