NOT LISTED FOR SALE

89 E Main St South Paris, ME 04281

Estimated Value: $250,000 - $295,000

3 Beds
1 Bath
1,309 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $109,900 $84 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,658/month

150 Days on Market

Highlights

  • Country Club
  • Wooded Lot
  • No HOA
  • Cape Cod Architecture
  • Wood Flooring
  • Landscaped

About This Home

As of December 2021

Move in ready one bedroom efficiency apartment with the opportunity to convert the other unit into a money maker. Seller financing available. No credit check. 20% down payment. $899/ month mortgage payment (20 year term, $87,200 principle, 6.9% interest, taxes and insurance included, 10 year balloon payment) No FHA or RD financing.

Last Agent to Sell the Property

Brandon Pomerleau

Pomerleau Realty Group Listed on: 10/01/2021

Co-Listed By

Halyne Pomerleau

Pomerleau Realty Group

Last Buyer's Agent

Lorie Olson

Bearfoot Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1930

Lot Details

  • 0.9 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • 1,309 Sq Ft Home
  • Cape Cod Architecture
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Dirt Floor

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 89EMainStParis04281

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $5,965
  • Gross Income $8,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.9
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3268
  • Co List Office Phone: 207-890-1361
  • MLS Status: Closed
  • Directions: Market Square/ Rte.117 South Paris to East Main Street. Property is on right directly across from Rte.117/ Buckfield Road.
  • Above Grade Finished Sq Ft: 1309.0
  • Architectural Style: Cape, New Englander
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.9
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1309.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 8700.0
  • Income Expenses Operating Expenses: 5965.0
  • Exterior:Wood Siding: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Exterior Only
  • Full Bathrooms: 1
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Level, Open Lot, Right of Way, Landscaped, Wooded, Intown, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot Air
  • 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: 39204.0
  • Parcel #: 89EMainStParis04281
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 8700.0
  • Annual Operating Expense: 5965.0

Tax Info

  • Tax Annual Amount: 2242.0
  • Tax Book Number: 5392
  • Tax Lot: 15
  • Tax Map Number: U11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 10, 2021
Sold by
Rustfield Holdings Llc
Bought by
Duquette Matthew
Seller's Agent
Brandon Pomerleau
Pomerleau Realty Group
Buyer's Agent
Lorie Olson
Bearfoot Realty
List Price
$115,000
Sold Price
$109,900
Premium/Discount to List
-$5,100
-4.43%
Current Estimated Value
$255,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,042
Avg. Annual Appreciation
28.51%
Original Mortgage
$59,900
Outstanding Balance
$55,674
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,918

Purchase Details

Closed on
Nov 6, 2017
Sold by
Suntrust Mortgage Inc
Bought by
Usa Va

Purchase Details

Closed on
Sep 27, 2017
Sold by
Suntrust Mortgage Inc
Bought by
Suntrust Mortgage Inc
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Duquette Matthew -- None Available
Usa Va -- --
Suntrust Mortgage Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duquette Matthew $59,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $109,900 -4.4% $84 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $115,000 +233.3% $88 / Sq Ft
02/09/2018 02/09/18 Sold $34,500 -27.0% $26 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $47,250 -- $36 / 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 $3,067 $209,200 $45,100 $164,100
2023 $2,576 $160,000 $34,500 $125,500
2022 $2,376 $160,000 $34,500 $125,500
2021 $2,218 $123,200 $26,600 $96,600
2020 $2,242 $123,200 $26,600 $96,600
2019 $2,193 $123,200 $26,600 $96,600
2018 $2,070 $123,200 $26,600 $96,600
2017 $2,070 $123,200 $26,600 $96,600
2016 $2,070 $123,200 $26,600 $96,600
2015 $2,255 $123,200 $26,600 $96,600
2014 $2,118 $118,300 $62,900 $55,400
2013 $2,118 $118,300 $62,900 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1496092

Maine Listings

APN: PARI-000011U-000000-000015