Seller's Agent in 2022
Richard Kenefic
ERA Dawson-Bradford Co.
(207) 299-7695
1 in this area
32 Total Sales
91 Exeter Rd Corinth, ME 04427
Estimated Value: $267,000 - $329,000
5
Beds
3
Baths
3,120
Sq Ft
$93/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
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $4,300
- Gross Income $24,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2022
Closed on
Dec 9, 2022
Sold by
Bought by
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
$91,696
Avg. Annual Appreciation
11.45%
Original Mortgage
$170,000
Outstanding Balance
$163,832
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,864
Purchase Details
Listed on
Sep 11, 2022
Closed on
Dec 8, 2022
Sold by
Bought by
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
$163,832
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,864
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $200,000 | None Available | ||
| $200,000 | None Available | ||
| $140,000 | None Available | ||
| $140,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $170,000 | ||
| Closed | $170,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,181 | $235,600 | $41,500 | $194,100 |
| 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
4 in this area
41 Total Sales
Map
Source: Maine Listings
MLS Number: 1542742
APN: 14-017-B
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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