NOT LISTED FOR SALE

Estimated Value: $334,000 - $387,504

5 Beds
3 Baths
2,458 Sq Ft
$150/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2021

Last sale price $280,000 $114 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,379 / mo

2 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Zoned Heating
  • Baseboard Heating

About This Home

As of July 2021

Nicely located money making 3 unit. Old world charm with real hardwood floors, tin ceiling and wainscoting cabinets plus good paring, huge decks and larger then normal apartments. this 3 unit has 2 oversized 2 bedrooms with office or dining room and 3rd floor loft apartment that is much larger then normal as well. Owner had done some nice updates with just some interior finishes still left to do if new owner wishes. Vinyl sided, newer roof, natural gas boiler, spray foamed basement and vinyl windows are just the big ones already done. Rare find for positive cash flow like this.

Last Agent to Sell the Property

Kurtis Marsh

Realty of Maine Listed on: 05/07/2021

Realty of Maine

Last Buyer's Agent

Kurtis Marsh

Realty of Maine Listed on: 05/07/2021

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1912

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 2,458 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Vinyl

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 011-A
  • Assessor Parcel Number BANG-000025-000000-000011-A000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,325
  • Gross Income $44,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1912

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: Main St. to Lincoln St. #88 on left
  • Above Grade Finished Sq Ft: 2458.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 105.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2458.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 44160.0
  • Income Expenses Operating Expenses: 12325.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Water Heater:Tank: Yes
  • Advertising Remarks:Advertising Remarks: Nicely located money making 3 unit. Old world charm with real hardwood floors, tin ceiling and wainscoting cabinets plus good paring, huge decks and larger then normal apartments. this 3 unit has 2 oversized 2 bedrooms with office or dining room and 3rd floor loft apartment that is much larger then normal as well. Owner had done some nice updates with just some interior finishes still left to do if new owner wishes. Vinyl sided, newer roof, natural gas boiler, spray foamed basement and vinyl windows are just the big ones already done. Rare find for positive cash flow like this.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: 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: 7405.2
  • Parcel #: BANG-000025-000000-000011-A000000
  • Zoning: URD-2

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44160.0
  • Annual Operating Expense: 12325.0

Tax Info

  • Tax Annual Amount: 2589.12
  • Tax Lot: 011-A
  • Tax Year: 2021

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 7, 2021
Closed on
Jul 20, 2021
Sold by
Bought by
Seller's Agent
Kurtis Marsh
Realty of Maine
Buyer's Agent
Kurtis Marsh
Realty of Maine
List Price
$260,000
Sold Price
$280,000
Premium/Discount to List
$20,000
7.69%
Current Estimated Value
$367,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,626
Avg. Annual Appreciation
5.57%
Original Mortgage
$224,000
Interest Rate
0.0296%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- 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 $224,000
Closed $102,000
Previous Owner $113,000
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
07/20/2021 07/20/21 Sold $280,000 +7.7% $114 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $260,000 -- $106 / 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 $4,514 $255,000 $16,900 $238,100
2024 $4,305 $232,100 $16,900 $215,200
2023 $4,031 $210,500 $16,900 $193,600
2022 $3,605 $176,700 $16,900 $159,800
2021 $3,570 $160,100 $15,600 $144,500
2020 $2,589 $111,600 $14,900 $96,700
2019 $2,461 $107,000 $14,900 $92,100
2018 $2,226 $97,000 $14,500 $82,500
2017 $2,434 $109,100 $15,800 $93,300
2016 $2,408 $107,000 $15,800 $91,200
2015 $2,349 $107,000 $15,800 $91,200
2014 $2,304 $105,700 $15,800 $89,900
2013 $2,290 $110,100 $16,700 $93,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1490631

Maine Listings

APN: BANG-000025-000000-000011-A000000

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