NOT LISTED FOR SALE

9 Mccarthy Rd New Gloucester, ME 04260

Estimated Value: $669,247

13 Beds
6 Baths
5,310 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $580,000 $109 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,930/month

57 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • Accessible Approach with Ramp
  • 3 Acre Lot
  • No HOA
  • Shed

About This Home

As of September 2023

Very large 3 unit in the sought after town of New Gloucester but just over the Gray town line for easy commute to Portland or L/A. The property consist of a 3 bedroom 1 bath, 4 bedroom 2.5 bath and a 5 bedroom 1.5 bath apartment. Units are rented below current market rents with great tenants. The building is currently occupied by the owner with a nice quiet owners unit. This property also consist of a storage unit for each apartment plus lots of extra storage for the owner, small heated work shop with additional storage and an owners screen house with deck. Beautiful apartments that show very well. Live on the property and have your tenants pay your mortgage.

Last Agent to Sell the Property

Don Beal

HomeSmart Listed on: 05/16/2023

HomeSmart

Last Buyer's Agent

Joshua Cousineau

Real Broker

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1949

Lot Details

  • 3 Acre Lot
  • Dirt Road
  • Rural Setting
  • Open Lot

Home Design

  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,310 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Carport
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Nearby Water Access
  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number NEWG-000003-000000-000051

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Pet Policy

  • No Pets Allowed

Building Details

  • Operating Expense $9,905
  • Gross Income $75,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,905

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.0
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Rt 100 from Gray or Auburn to McCarthy Rd. Large green building on the right when you first enter.
  • Above Grade Finished Sq Ft: 5310.0
  • Architectural Style: Gambrel, Ranch
  • Garage Yn: No
  • Year Built: 1949
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 5310.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 75000.0
  • Income Expenses Operating Expenses: 9905.0
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Cable: Yes
  • Style:Gambrel: Yes
  • Accessibilitiy Amenities:Ramped Main Level: Yes
  • Vehicle Storage:Carport: Yes
  • Building Info:_pound_ Floors3: 2
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Crawl Space, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Stories: 2

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced 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
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: NEWG-000003-000000-000051
  • Zoning: RC

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 75000.0
  • Annual Operating Expense: 9905.0

Tax Info

  • Tax Annual Amount: 3905.0
  • Tax Book Number: 19008
  • Tax Lot: 51
  • Tax Map Number: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Sep 8, 2023
Sold by
Beal Donald C
Bought by
Mclaughlin Michelle and Footman Derek
Seller's Agent
Don Beal
HomeSmart
Buyer's Agent
Joshua Cousineau
Real Broker
List Price
$659,000
Sold Price
$580,000
Premium/Discount to List
-$79,000
-11.99%
Current Estimated Value
$669,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,247
Avg. Annual Appreciation
7.16%
Original Mortgage
$569,494
Outstanding Balance
$557,072
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$112,175
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
Mclaughlin Michelle $580,000 None Available
Mclaughlin Michelle $580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Michelle $569,494
Closed Mclaughlin Michelle $569,494
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $580,000 -12.0% $109 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $659,000 -- $124 / 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 $4,586 $307,984 $96,300 $211,684
2023 $4,401 $307,984 $96,300 $211,684
2022 $4,250 $307,984 $96,300 $211,684
2021 $4,250 $307,984 $96,300 $211,684
2020 $4,204 $307,984 $96,300 $211,684
2019 $5,082 $300,700 $75,600 $225,100
2018 $4,435 $300,700 $75,600 $225,100
2017 $4,691 $300,700 $75,600 $225,100
2016 $4,420 $300,700 $75,600 $225,100
2015 $4,405 $300,700 $75,600 $225,100
2014 $4,360 $300,700 $75,600 $225,100
2013 $4,044 $300,700 $75,600 $225,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Don Beal

    HomeSmart

    (207) 318-0166

    7 in this area

    24 Total Sales

    Don Beal
    Section Image
  • Joshua Cousineau

    Buyer's Agent in 2023

    Joshua Cousineau

    Real Broker

    (207) 212-1523

    4 in this area

    201 Total Sales

    Joshua Cousineau
    Section Image
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Map

Source: Maine Listings

MLS Number: 1559065

Maine Listings

APN: NEWG-000003-000000-000051

Maine Cumberland County New Gloucester 04260

9 Mccarthy Rd, New Gloucester, ME

This home is located at 9 Mccarthy Rd, New Gloucester, ME 04260 since 16 May 2023 and is currently estimated at $669,247, approximately $126 per square foot. This property was built in 1949. 9 Mccarthy Rd is a home located in Cumberland County with nearby schools including Gray-New Gloucester High School and Fiddlehead School of Arts & Science.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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