Seller's Agent in 2022
Richard Kenefic
ERA Dawson-Bradford Co.
(207) 299-7695
46 Total Sales
91 Exeter Rd Corinth, ME 04427
Estimated Value: $242,000 - $331,000
5
Beds
3
Baths
3,120
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Post and Beam
- Tile Flooring
- Deck
- No HOA
- Baseboard Heating
About This Home
As of December 2022Investors take note! If you are looking for an opportunity to get a great cap rate and have the flexibility to either have tenants already in place or to owner occupy the home, this is it. The two units are both currently renting under market value and the current tenants are expecting to either have their rents go up or to have to move. The entire house has been renovated in 2018, including new well, septic system, and roof. The location is less than a mile from town and only around a half hour outside Bangor. There is also plenty of land for another home to be built, adding even more potential for great returns on your investment. This home is turnkey and ready to start generating income from day one. Do not miss this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,489
Year Built
- Built in 1950
Lot Details
- 1.76 Acre Lot
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- Post and Beam
- Slab Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 3,120 Sq Ft Home
- 2-Story Property
- Views of Woods
- Laundry on main level
Flooring
- Carpet
- Laminate
- Tile
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating System Uses Propane
- Radiant Heating System
- Baseboard Heating
- Private Water Source
- Gas Water Heater
- Private Sewer
Listing and Financial Details
- Tax Lot 17B
- Assessor Parcel Number CORH-000014-000000-000017-B000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $4,300
- Gross Income $24,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2022
Closed on
Dec 9, 2022
Sold by
Torrey Jennifer and Grant Ellen
Bought by
Seeley-Bishop Stephanie M and Bishop Taylor J
Seller's Agent
Richard Kenefic
ERA Dawson-Bradford Co.
Buyer's Agent
Shannon Roy
NEBO Realty Firm
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,952
Avg. Annual Appreciation
13.67%
Original Mortgage
$170,000
Outstanding Balance
$165,998
Interest Rate
7.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$110,928
Purchase Details
Listed on
Sep 11, 2022
Closed on
Dec 8, 2022
Sold by
Dearborn Patricia
Bought by
Torrey Jennifer and Grant Ellen
Seller's Agent
Richard Kenefic
ERA Dawson-Bradford Co.
Buyer's Agent
Shannon Roy
NEBO Realty Firm
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$165,998
Interest Rate
7.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$110,928
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 |
|---|---|---|---|
| Seeley-Bishop Stephanie M | $200,000 | None Available | |
| Seeley-Bishop Stephanie M | $200,000 | None Available | |
| Torrey Jennifer | $140,000 | None Available | |
| Torrey Jennifer | $140,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seeley-Bishop Stephanie M | $170,000 | |
| Closed | Seeley-Bishop Stephanie M | $170,000 | |
| Previous Owner | Dearborn Patricia A | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $200,000 | 0.0% | $64 / Sq Ft |
| 11/09/2022 11/09/22 | Pending | -- | -- | -- |
| 11/01/2022 11/01/22 | Price Changed | $200,000 | -20.0% | $64 / Sq Ft |
| 09/11/2022 09/11/22 | For Sale | $250,000 | -- | $80 / 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 | $3,182 | $235,700 | $41,500 | $194,200 |
| 2023 | $3,056 | $228,900 | $40,300 | $188,600 |
| 2022 | $2,489 | $146,400 | $24,200 | $122,200 |
| 2021 | $2,489 | $146,400 | $24,200 | $122,200 |
| 2020 | $135 | $146,400 | $24,200 | $122,200 |
| 2019 | $135 | $141,260 | $22,810 | $118,450 |
| 2018 | $135 | $141,260 | $22,810 | $118,450 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Kenefic
-
Shannon Roy
S
Buyer's Agent in 2022
Shannon Roy
NEBO Realty Firm
(207) 659-3452
29 Total Sales
Map
Source: Maine Listings
MLS Number: 1542742
APN: 14-017-B
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