$240,000
SOLD JUL 14, 2022

95 Elm St Newport, ME 04953

-- Bed
4 Baths
2,633 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$91 Per Sq Ft

7% Below List Price

7 Days on Market

Highlights

  • Colonial Architecture
  • Landscaped
  • Baseboard Heating
  • No HOA

About This Home

As of April 2025

Opportunity is knocking!! This 4 unit property is well maintained, perfectly located, and priced to sell. With a strong rental history and potential for higher income this won't last long, schedule your showing today!

Last Agent to Sell the Property

Jessica Greene

NextHome Experience Listed on: 05/20/2022

NextHome Experience

Co-Listed By

Joshua Goston

NextHome Experience

Last Buyer's Agent

Melissa Bartlett

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,476

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,633 Sq Ft Home
  • Laminate Flooring

Unfinished Basement

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

Utilities

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

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 $11,972
  • Gross Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,476

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2983
  • Co List Office Phone: 207-573-7400
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2633.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2633.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 40500.0
  • Income Expenses Operating Expenses: 11971.85
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 5662.8
  • Parcel #: NEPT-000015-000000-000103
  • Zoning: Village

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 40500.0
  • Annual Operating Expense: 11971.85

Tax Info

  • Tax Annual Amount: 2476.3
  • Tax Book Number: 5713
  • Tax Lot: 103
  • Tax Map Number: 15
  • Tax Year: 2021

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%
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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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

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 $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

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Map

Source: Maine Listings

MLS Number: 1529213

Maine Listings

APN: NEPT-000015-000000-000103