NOT LISTED FOR SALE

589 Main St Old Town, ME 04468

Estimated Value: $223,695 - $263,000

4 Beds
2 Baths
2,012 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $135,000 $67 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,663/month

88 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Bathtub
  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating System

About This Home

As of December 2020

This large 2 unit features 3 bedrooms on the first floor and 2 on the second floor. Plenty of parking, close to UMaine. First floor is vacant - was paying $1,300/month. Second floor has at will tenants that would stay. Natural gas, newer furnace and newer roof. Good investment property or owner occupy.

Last Listed By

Holly Taylor

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: hollytaylor@masiello.com Listed on: 08/07/2020

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1890

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number OLDN-000028-000000-000058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,098

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: Corner of Main Street and Burnham.
  • Above Grade Finished Sq Ft: 2012.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1890
  • Attribution Contact: hollytaylor@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2012.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, 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: 5662.8
  • Parcel #: OLDN-000028-000000-000058
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3098.0
  • Tax Book Number: 10336
  • Tax Lot: 58
  • Tax Map Number: 28
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Old Town Properties Llc
Bought by
589 Main Llc
Total Days on Market
88
Current Estimated Value
$242,674

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 4, 2020
Sold by
Shirland Matthew R
Bought by
Old Town Properties Llc
Seller's Agent
Holly Taylor
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Robert Gallant
Realty of Maine
List Price
$174,500
Sold Price
$135,000
Premium/Discount to List
-$39,500
-22.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Mar 6, 2006
Sold by
Messier Gloria J
Bought by
Shirland Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,205
Interest Rate
6.16%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
589 Main Llc -- None Available
Old Town Properties Llc -- None Available
Shirland Matthew R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shirland Matthew R $146,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $135,000 -22.6% $67 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $174,500 -- $87 / 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
2023 $3,729 $210,700 $18,100 $192,600
2022 $2,909 $138,500 $15,800 $122,700
2020 $3,098 $135,500 $15,300 $120,200
2019 $3,098 $135,500 $15,300 $120,200
2018 $3,098 $135,500 $15,300 $120,200
2017 $3,028 $135,500 $15,300 $120,200
2016 $2,858 $135,500 $15,300 $120,200
2015 $2,867 $135,500 $15,300 $120,200
2014 $2,738 $135,500 $15,300 $120,200
2013 $2,532 $135,500 $15,300 $120,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1463596

Maine Listings

APN: OLDN-000028-000000-000058