NOT LISTED FOR SALE

9 Primrose St Belfast, ME 04915

Estimated Value: $408,000 - $431,000

-- Bed
2 Baths
1,946 Sq Ft
$216/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $400,000 $206 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,613/month

225 Days on Market

Highlights

  • No HOA
  • Zoned Heating
  • Baseboard Heating
  • Bathtub
  • 1-Story Property
  • Level Lot

About This Home

As of July 2024

LET YOUR TENANT PAY YOUR MORTGAGE PAYMENT FOR YOU! This well-maintained two-family property is just a stone's throw from downtown Belfast, yet tucked away on a pretty, tree-lined side street offering peace and quiet. With identically laid-out units, each apartment contains 2 bedrooms, 1 bathroom, an office, a spacious living room and a large eat-in kitchen. This property is ideal for anyone who wants to live on one floor and rent the other or perhaps is in need of a multi-generational living situation. The level side yard is a lovely area for gatherings or gardening. Here's your opportunity to be a part of this desirable community and close to all downtown Belfast has to offer - shopping, restaurants, library, artist shops, waterfront, and fabulous community events!

Last Agent to Sell the Property

Nancy Falvey

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/31/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Nancy Falvey

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/31/2023

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,769

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 020-A
  • Assessor Parcel Number BELF-000013-000000-000020-A000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,159
  • Gross Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,769

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From downtown Belfast, head north on High Street. In 0.25 miles, take a left onto Primrose Street. House on right. Sign up.
  • Above Grade Finished Sq Ft: 1946.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1946.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: 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
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 18000.0
  • Income Expenses Operating Expenses: 10159.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Full, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, One-Floor Living, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • 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: 8276.4
  • Parcel #: BELF-000013-000000-000020-A000000
  • Zoning: Res-1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18000.0
  • Annual Operating Expense: 10159.0

Tax Info

  • Tax Annual Amount: 3769.0
  • Tax Book Number: 1810
  • Tax Lot: 020-A
  • Tax Map Number: 013
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Jul 19, 2024
Sold by
Hodsdon Michael A and Ruoff Mary C
Bought by
Walton Kyle
Seller's Agent
Nancy Falvey
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Nancy Falvey
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Views
78
Current Estimated Value
$421,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,021
Avg. Annual Appreciation
-1.33%
Original Mortgage
$277,000
Outstanding Balance
$275,142
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$118,547
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
Walton Kyle -- None Available
Walton Kyle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walton Kyle $277,000
Closed Walton Kyle $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $400,000 -4.8% $206 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $420,000 -11.6% $216 / Sq Ft
10/31/2023 10/31/23 For Sale $475,000 -- $244 / 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 $4,683 $304,100 $71,900 $232,200
2023 $3,769 $187,500 $45,800 $141,700
2022 $3,826 $178,800 $45,800 $133,000
2021 $3,934 $178,800 $45,800 $133,000
2020 $3,835 $164,600 $43,600 $121,000
2019 $3,769 $164,600 $43,600 $121,000
2018 $3,736 $164,600 $43,600 $121,000
2017 $3,605 $164,600 $43,600 $121,000
2016 $3,169 $138,400 $17,400 $121,000
2015 $3,100 $138,400 $17,400 $121,000
2014 $2,996 $138,400 $17,400 $121,000
2013 $2,879 $138,400 $17,400 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576297

Maine Listings

APN: BELF-000013-000000-000020-A000000