Seller's Agent in 2020
Sherri Hanson
Trundy & Company Real Estate
(207) 938-5187
58 Total Sales
889 Elm St Newport, ME 04953
Estimated Value: $266,556
3
Beds
1
Bath
1,485
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Wood Flooring
- No HOA
- Ranch Style House
- 2 Fireplaces
- Forced Air Heating System
About This Home
As of November 2020This is a unique opportunity to own a tasteful home with rental income and a side business too boot!
Private home, three apartments detached, and 6 cabins (4 of which are doubles)............this is money in the making!
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 3 Acre Lot
- Rural Setting
- Open Lot
- Property is zoned mixed
Parking
- 2 Car Garage
- Gravel Driveway
Home Design
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,485 Sq Ft Home
- 2 Fireplaces
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Additional Homes
- Additional Residence on Property
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Private Water Source
- Electric Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number NEPT-000003-000000-000007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 29, 2024
Sold by
Ryder Properties Llc
Bought by
Scott Family Prop Mgmt Ll
Total Days on Market
2337
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Outstanding Balance
$516,621
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 23, 2020
Closed on
Nov 25, 2020
Sold by
Lovley Properties Llc
Bought by
Ryder Properties Llc
Seller's Agent
Sherri Hanson
Trundy & Company Real Estate
Buyer's Agent
Sherri Hanson
Trundy & Company Real Estate
List Price
$245,900
Sold Price
$199,000
Premium/Discount to List
-$46,900
-19.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scott Family Prop Mgmt Ll | -- | None Available | |
| Scott Family Prop Mgmt Ll | -- | None Available | |
| Ryder Properties Llc | -- | None Available | |
| Ryder Properties Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scott Family Prop Mgmt Ll | $522,500 | |
| Closed | Scott Family Prop Mgmt Ll | $522,500 | |
| Previous Owner | Ryder Properties Llc | $199,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2020 11/27/20 | Sold | $199,000 | -19.1% | $134 / Sq Ft |
| 10/03/2020 10/03/20 | Pending | -- | -- | -- |
| 05/10/2014 05/10/14 | For Sale | $245,900 | -- | $166 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,503 | $371,600 | $64,600 | $307,000 |
| 2023 | $5,663 | $347,400 | $60,400 | $287,000 |
| 2022 | $5,380 | $274,500 | $47,700 | $226,800 |
| 2021 | $5,408 | $262,500 | $45,600 | $216,900 |
| 2020 | $5,300 | $257,300 | $44,800 | $212,500 |
| 2019 | $5,176 | $243,000 | $42,200 | $200,800 |
| 2018 | $5,176 | $243,000 | $42,200 | $200,800 |
| 2017 | $4,860 | $243,000 | $42,200 | $200,800 |
| 2016 | $4,714 | $243,000 | $42,200 | $200,800 |
| 2015 | $4,350 | $243,000 | $42,200 | $200,800 |
| 2014 | $4,192 | $243,700 | $42,200 | $201,500 |
Source: Public Records
Agents Affiliated with this Home
-
Sherri Hanson
Map
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Source: Maine Listings
MLS Number: 1133751
APN: NEPT-000003-000000-000007
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