NOT LISTED FOR SALE

860 Forest Ave Orono, ME 04473

Estimated Value: $274,780 - $415,000

3 Beds
2 Baths
1,856 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $342,000 $184 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,155/month

14 Days on Market

Highlights

  • Additional Residence on Property
  • Nearby Water Access
  • Corner Lot
  • Orono Middle School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of March 2022

Investors Take Notice!! Two homes that have been extensively renovated, both currently rented, with great rental history and options to owner occupy, while the other home's rent pays your mortgage! Once a variety store location, property also offers commercial development potential at highly visible intersection. Ideal location only minutes from UMaine campus, Northern Light EMMC, and I-95.

Last Agent to Sell the Property

Pauline Rock

ERA Dawson-Bradford Co. Listed on: 02/01/2022

ERA Dawson-Bradford Co.

Co-Listed By

Lewis Morrison

ERA Dawson-Bradford Co.

Last Buyer's Agent

Pauline Rock

ERA Dawson-Bradford Co. Listed on: 02/01/2022

ERA Dawson-Bradford Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1995

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned Commercial - 2

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Nearby Water Access
  • Additional Residence on Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number ORON-014000-000000-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,634

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1122
  • Co List Office Phone: 207-947-6788
  • MLS Status: Closed
  • Directions: Corner of Forest Ave. and Essex St. in Orono. Look for sign.
  • Above Grade Finished Sq Ft: 1856.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1856.0
  • 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
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Foundation Materials:Block3: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: ORON-014000-000000-000005
  • Zoning: Commercial - 2

Tax Info

  • Tax Annual Amount: 3634.0
  • Tax Book Number: 16166
  • Tax Lot: 5
  • Tax Map Number: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 30, 2022
Sold by
R3 Development Llc
Bought by
White Ryan R
Seller's Agent
Pauline Rock
ERA Dawson-Bradford Co.
Buyer's Agent
Pauline Rock
ERA Dawson-Bradford Co.
List Price
$349,000
Sold Price
$342,000
Premium/Discount to List
-$7,000
-2.01%
Current Estimated Value
$333,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,083
Avg. Annual Appreciation
-2.51%
Original Mortgage
$335,805
Outstanding Balance
$318,567
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
-$4,702
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
White Ryan R $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Ryan R $335,805
Previous Owner R 3 Dev Llc $256,000
Previous Owner Ball Dev Group Llc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $342,000 -2.0% $184 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $349,000 -- $188 / 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 $3,924 $183,800 $32,500 $151,300
2023 $3,580 $153,000 $29,500 $123,500
2022 $3,641 $153,000 $29,500 $123,500
2021 $3,634 $153,000 $29,500 $123,500
2020 $4,303 $153,200 $25,100 $128,100
2019 $4,052 $153,200 $25,100 $128,100
2018 $4,136 $153,200 $25,100 $128,100
2017 $3,983 $153,200 $25,100 $128,100
2016 $3,807 $153,200 $25,100 $128,100
2015 $3,738 $153,200 $25,100 $128,100
2014 $3,654 $153,200 $25,100 $128,100
2013 $3,554 $153,200 $25,100 $128,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1518953

Maine Listings

APN: ORON-014000-000000-000005