NOT LISTED FOR SALE

94 Lincoln St Millinocket, ME 04462

Estimated Value: $95,000

-- Bed
2.5 Baths
1,680 Sq Ft
$57/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $49,500 $29 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $645/month

53 Days on Market

Highlights

  • Public Beach
  • Property is near a golf course
  • Heating System Uses Oil
  • No HOA
  • Vinyl Flooring

About This Home

As of October 2020

Are you looking for a great investment opportunity with a proven history? This is a nice 3 bedroom home with attached 1 bedroom apartment and a one car garage. You could easily live in the main house and rent the apartment or rent them both. Some parts of the property have had spray foam added to the ceilings to increase the efficiency. Easy access to the snowmobile, ATV trails and downtown restaurants.

Last Agent to Sell the Property

James Plourde

North Woods Real Estate, LLC Listed on: 07/16/2020

Last Buyer's Agent

James Plourde

North Woods Real Estate, LLC Listed on: 07/16/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach

Home Design

  • 1,680 Sq Ft Home
  • Duplex
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number 94LincolnStreetMillinocket04462

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,600
  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: When entering Millinocket on Route 157 continue to the second traffic light proceed 2/10 of a mile and go right on Katahdin Ave. proceed 3/10 of a mile and go left on Poplar St. go 1/10 of a mile and go left on Lincoln st. property on right.
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1945
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1680.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 15600.0
  • Income Expenses Operating Expenses: 4600.0
  • Location:Near Public Beach: Yes
  • Style:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Composition, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 7840.8
  • Parcel #: 94LincolnStreetMillinocket04462
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Annual Operating Expense: 4600.0

Tax Info

  • Tax Annual Amount: 1296.9
  • Tax Book Number: 15007
  • Tax Lot: 156
  • Tax Map Number: U04
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 11, 2020
Sold by
Zero Properties Llc
Bought by
Equity T Co
Seller's Agent
James Plourde
North Woods Real Estate, LLC
Buyer's Agent
James Plourde
North Woods Real Estate, LLC
List Price
$54,900
Sold Price
$49,500
Premium/Discount to List
-$5,400
-9.84%
Current Estimated Value
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,500
Avg. Annual Appreciation
16.37%
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
Equity T Co -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $49,500 -9.8% $29 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $54,900 -- $33 / 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 $1,706 $61,800 $4,700 $57,100
2023 $1,421 $50,400 $4,700 $45,700
2022 $1,330 $45,100 $4,700 $40,400
2021 $1,346 $41,400 $4,700 $36,700
2020 $1,336 $39,300 $4,700 $34,600
2019 $1,297 $39,300 $4,700 $34,600
2018 $1,277 $39,300 $4,700 $34,600
2017 $1,269 $39,300 $4,700 $34,600
2016 $1,230 $39,300 $4,700 $34,600
2015 $1,166 $39,300 $4,700 $34,600
2014 $1,163 $39,300 $4,700 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460647

Maine Listings

APN: MLNK-000004-000000-000156U