Seller's Agent in 2025
Melissa Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
(207) 487-3494
15 in this area
263 Total Sales
95 Elm St Newport, ME 04953
--
Bed
4
Baths
2,633
Sq Ft
5,663
Sq Ft Lot
Highlights
- Nearby Water Access
- Wood Flooring
- No HOA
- Public Beach
- Main Floor Bedroom
- Porch
About This Home
As of April 2025Investment Opportunity - Fully Occupied 4-Unit Apartment Building in Newport, ME!
Don't miss the chance to own a 4-unit multifamily property in Newport, ME! Conveniently located near restaurants, shopping, and the lake. This property offers an ideal setting for tenants who enjoy both convenience and recreation.
Showings by appointment only - Advance notice required as all units are currently rented. Call today to schedule your viewing!
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: melissabartlett@masiello.com Listed on: 03/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,641
Year Built
- Built in 1930
Lot Details
- 5,663 Sq Ft Lot
- Public Beach
- Level Lot
- Open Lot
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,633 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- On-Site Parking
Outdoor Features
- Nearby Water Access
- Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 103
- Assessor Parcel Number NEPT-000015-000000-000103
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $14,324
- Gross Income $41,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2025
Closed on
Apr 15, 2025
Sold by
Apollo Properties Llc
Bought by
Russell Micah
Seller's Agent
Melissa Bartlett
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$289,000
Sold Price
$285,000
Premium/Discount to List
-$4,000
-1.38%
Total Days on Market
8
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.83%
Purchase Details
Closed on
Jan 31, 2018
Sold by
Pepin David
Bought by
Tardy Joshua A
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | Gateway Title | |
| Warranty Deed | $285,000 | Gateway Title | |
| Not Resolvable | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $192,000 | Purchase Money Mortgage | |
| Previous Owner | $99,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $285,000 | -1.4% | $108 / Sq Ft |
| 04/06/2025 04/06/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | For Sale | $289,000 | +20.4% | $110 / Sq Ft |
| 07/14/2022 07/14/22 | Sold | $240,000 | -7.3% | $91 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 05/20/2022 05/20/22 | For Sale | $259,000 | -- | $98 / 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 | $3,339 | $190,800 | $15,400 | $175,400 |
| 2023 | $2,906 | $178,300 | $14,400 | $163,900 |
| 2022 | $2,762 | $140,900 | $11,400 | $129,500 |
| 2021 | $2,538 | $123,200 | $10,900 | $112,300 |
| 2020 | $2,491 | $120,900 | $10,700 | $110,200 |
| 2019 | $2,430 | $114,100 | $10,100 | $104,000 |
| 2018 | $2,430 | $114,100 | $10,100 | $104,000 |
| 2017 | $2,282 | $114,100 | $10,100 | $104,000 |
| 2016 | $2,214 | $114,100 | $10,100 | $104,000 |
| 2015 | $2,042 | $114,100 | $10,100 | $104,000 |
| 2014 | $1,963 | $114,100 | $10,100 | $104,000 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Bartlett
-
Mike Merrow
M
Buyer's Agent in 2025
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 416-8217
15 in this area
119 Total Sales
-
Jessica Greene
Seller's Agent in 2022
Jessica Greene
NextHome Experience
(207) 355-5283
6 in this area
159 Total Sales
-
Joshua Goston
Seller Co-Listing Agent in 2022
Joshua Goston
NextHome Experience
(207) 598-6949
1 in this area
70 Total Sales
Map
Source: Maine Listings
MLS Number: 1617414
APN: NEPT-000015-000000-000103
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