NOT LISTED FOR SALE
-- Beds
4 Baths
4,019 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: September 10, 2024

Last sale price $750,000 $187 Per Sq Ft

39 Days on Market

Highlights

  • Wood Flooring
  • Storage
  • 1 Car Garage
  • No HOA
  • Baseboard Heating
  • 4-minute walk to Clifford Park

About This Home

As of September 2024

Welcome to 87 Pool Street. Equally suited for investors or owner occupants, this well maintained 4-unit offers solid income and immediate upside potential. The building has benefited from many updates in recent years and offers a mix with 1 - three bedroom unit, 2 - two bedroom units, and a studio. Unit 201 and 301 have been completely renovated and offer spacious and sun filled layouts. Unit 101 and 102 are solid units as well and with a couple of tweaks will easily command stronger rents Additional highlights include fresh interior paint in the common areas, updated lighting, and an updated onsite laundry room for tenants convenience. Group showings Friday 6/14 from 2:30 - 4:00 pm. Tuesday 6/18 from 1:30 - 3:00 pm.

Last Agent to Sell the Property

John Fitzsimons

Portside Real Estate Group Listed on: 05/24/2024

Last Buyer's Agent

Chris Lavoie

Keller Williams Realty

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,074

Year Built

  • Built in 1880

Lot Details

  • 4,356

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • 4,019 Sq Ft Home
  • Multi-Level Property
  • Storage
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • 4,356 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number BIDD-000039-000000-000163

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $15,022
  • Gross Income $79,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,074

Year Built

Built in 1880

Lot Details

4,356 Sq Ft Lot

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4019.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 192.83
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4019.0
  • Property Information:Garage: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 79800.0
  • Income Expenses Operating Expenses: 15022.0
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 87 Pool Street. Equally suited for investors or owner occupants, this well maintained 4-unit offers solid income and immediate upside potential. The building has benefited from many updates in recent years and offers a mix with 1 - three bedroom unit, 2 - two bedroom units, and a studio. Unit 201 and 301 have been completely renovated and offer spacious and sun filled layouts. Unit 101 and 102 are solid units as well and with a couple of tweaks will easily command stronger rents Additional highlights include fresh interior paint in the common areas, updated lighting, and an updated onsite laundry room for tenants convenience. Group Showings: Wed 5/29 & Friday 5/31: 2PM to 3:30PM
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Storage

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 4356.0
  • Parcel #: BIDD-000039-000000-000163
  • Zoning: R2

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 79800.0
  • Annual Operating Expense: 15022.0

Tax Info

  • Tax Annual Amount: 7074.0
  • Tax Lot: 163
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Sep 10, 2024
Sold by
Bell Stephen F
Bought by
Seller's Agent
John Fitzsimons
Portside Real Estate Group
Buyer's Agent
Chris Lavoie
Keller Williams Realty
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$551,696
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 30, 2022
Sold by
Housing Options Llc
Bought by
Bell Stephen F
Seller's Agent
Ashley Kilmartin
Landing Real Estate
Buyer's Agent
Troy Wilkins
Benchmark Real Estate
List Price
$550,000
Sold Price
$625,000
Premium/Discount to List
$75,000
13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$613,679
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Available
Bell Stephen F $325,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $562,500
Previous Owner Bell Stephen F $613,679
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $750,000 -3.2% $187 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $775,000 -1.9% $193 / Sq Ft
06/14/2024 06/14/24 Price Changed $790,000 -2.5% $197 / Sq Ft
06/11/2024 06/11/24 Price Changed $810,000 -1.8% $202 / Sq Ft
05/24/2024 05/24/24 For Sale $825,000 +32.0% $205 / Sq Ft
06/30/2022 06/30/22 Sold $625,000 +13.6% $156 / Sq Ft View Prior Sale
05/20/2022 05/20/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $550,000 -- $137 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,286 $554,600 $184,100 $370,500
2024 $7,667 $539,200 $184,100 $355,100
2023 $7,074 $539,200 $184,100 $355,100
2022 $5,379 $327,800 $89,000 $238,800
2021 $5,044 $276,700 $72,900 $203,800
2020 $4,567 $227,800 $56,700 $171,100
2019 $4,551 $227,800 $56,700 $171,100
2018 $4,488 $227,800 $56,700 $171,100
2017 $4,000 $199,300 $56,700 $142,600
2016 $3,958 $199,300 $56,700 $142,600
2015 $3,880 $199,300 $56,700 $142,600
2014 $3,785 $199,300 $56,700 $142,600
2013 -- $210,800 $67,000 $143,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1590929

Maine Listings
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