1331 Old Rte One

Closed 6/3/19

Sold

Last Sold Price

$225,000

5 baths4,832 sqft

1331 Old Rte One, Waldoboro, ME 04572

Multi FamilyProperty Type

6.5 acresLot Size

1977Year Built

$47/sq ftPrice per sq ft

Description

Centrally located investment opportunity just off Route 1 in Waldoboro! Town approved this property for 5 units. Perfect location for easy access/commute up or down the coast. Property has 3 unit main house, each 2 bedroom and a detached 2 unit, each 1 bedroom. Situated on 6.5 acres of open field/pasture.Centrally located investment opportunity just off Route 1 in Waldoboro! Town approved this property for 5 units. Perfect location for easy access/commute up or down the coast. Property has 3 unit main house, each 2 bedroom and a detached 2 unit, each 1 bedroom. Situated on 6.5 acres of open field/pasture.

Listed by: Karen Farnsworth 207.879.9800 klrw318@kw.com • Keller Williams Realty

Listing closed: 06/03/2019 12:00 AM • Source: Maine Listings, MLS#: 1405632

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Location

Listing Courtesy of Keller Williams Realty

Sold By Keller Williams Realty

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$1,625 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,201

Property Taxes

$424

HOA Dues

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Property Information for 1331 Old Rte One

Property Details

Taxes: $5,090 / year
MLS Type: Multi-Family
County: Lincoln County
Architectural Style: Dutch Colonial, Colonial
Style: Colonial, Dutch Colonial
View: Trees/Woods, Fields
Has Waterfront: No
Zoning: Mixed

Building Information

Stories: 3
Residences: 5
Year Built: 1977
Lot Size: 6.50 AC / 283,140 SF

Summary

Location and General Information

Water View: No
Location: Near Town, Rural

Page: 294
Zoning Overlay: Yes
Directions: From Route 1 in Waldoboro take right onto Old Route 1 proceed to split in the road and keep right to stay on old Rt. 1 the property will be the first home on the left.
Latitude: 44.105908
Longitude: -$69.32
Transportation: Major Road Access

Taxes and HOA

Association: No
Parcel Number: WALB-000000-R000013-000044

Tax Lot: 44
Tax Book Number: 1329
Tax Map Number: 13
Tax Year: 2017
Tax Annual Amount: $5,090.00

Parking

Parking Features: 11 - 20 Spaces, Gravel, On Site
Parking: 11 - 20 Spaces, On Site

Vehicle Storage: No Vehicle Storage
Has Attached Garage: No
Has Garage: No

Virtual Tour

Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/mreis/1405632

Property

Lot Information

Lot Features: Pasture/Field, Open, Near Town, Rural
Lot Size Acres: 6.5

Lot Size Area: 6.5
Lot Size Source: Public Records
Lot Size Square Feet: 283140.0
Lot Size Units: Acres
2 Detached Houses on 1 Lot: true
Other Source of Square Footage: Seller
Roads: Paved, Public
Road Surface Type: Paved
Road Frontage: false
SqFt Source: Public Records
Site: Open, Pasture/Field

Property and Assessments

Above Grade Finished Area: 3832.0
Below Grade Finished Area: 1000.0

Building Area Total: 4832.0
Property Type: Multi-Family
Deed/Conveyance Type Offered: Personal Rep
Surveyed: No
Restrictions: No Restrictions
Construction: Wood Frame
Year Built: 1977

Building Features

Construction Materials: Shingle Siding, Wood Frame
Stories: 2

Stories Total: 3

Financial Information

List Price/SqFt: $69.15

Utilities

Heat Fuel: Electric
Electric: Circuit Breakers

Gas: No Gas
Sewer: Private Sewer
Water Source: Well, Private
Water Heater: Electric
Utilities: Utilities On
Utilities On: Yes

Interior and Exterior Features

Exterior Features

Exterior: Shingle Siding
Roof: Shingle

Driveway: Gravel

Interior Features

Bathrooms Full: 5
Bathrooms Total Decimal: 5.0

Bathrooms Total Integer: 5
Basement: Walk-Out Access, Finished, Full
Basement: Walk-Out Access, Finished, Full
Has Fireplace: No
Has Cooling: No
Heating: Baseboard
Has Heating: Yes
Flooring: Laminate, Carpet

Multi Family

Multi Family Information

# of 1 BD Units: 2
# of 2 BD Units: 3

Number Of Units Total: 5

Unit Information

Unit 1

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: Yes
Level: First
Actual Rent: $585.00
Beds Total: 1

Unit 2

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: Basement
Beds Total: 2
Rooms Total: 3

Unit 3

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: Yes
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Actual Rent: $585.00
Beds Total: 1

Unit 4

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: Second
Beds Total: 2
Rooms Total: 4

Unit 5

Num Full Baths: 1
Dedicated Gas Meter: No

Dedicated Water Heater: No
Refrigerator: Yes
Sewer: Yes
Water: Yes
Electric: No
Heat: No
Range: Yes
Lease: No
Level: First
Beds Total: 2
Rooms Total: 4

Rental

Rent Information

Land Lease: No
Pets Allowed: No Restrictions

Property History for 1331 Old Rte One

Date	Event & Source	Price	Appreciation
Jun 3, 2019	Sold Maine Listings #1405632	$225,000	—
May 3, 2019	Pending Maine Listings #1405632		—
Mar 1, 2019	Listed (Active) Maine Listings #1405632	$265,000	—
Feb 2, 2019	Withdrawn Maine Listings #1353863	$335,000	—
Jun 4, 2018	Listed (Active) Maine Listings #1353863	$335,000	—

Date	Event & Source	Price
06/03/2019	Sold Maine Listings #1405632	$225,000
05/03/2019	Pending Maine Listings #1405632	—
03/01/2019	Listed (Active) Maine Listings #1405632	$265,000
02/02/2019	Withdrawn Maine Listings #1353863	$335,000
06/04/2018	Listed (Active) Maine Listings #1353863	$335,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1331 Old Rte One

Taxable Value

Land

$126,000

Additions

$378,000

Total$504,000

Tax Record

2025

$7,459 ($622 / month)

Home Facts

Baths

Total Finished SqFt

2,320 SqFt

Above Grade Finished SqFt

2,320 SqFt

Lot Size

293,159 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1973

Year Renovated

1973

Zoning

RURAL

County

LINCOLN

APN

WALB M:R13 L:44

Schools near 1331 Old Rte One

This home is within Regional School Unit 40 Msad 40.


Rating	School	Type	Grades	Distance
3/10	Miller School	Public - Nearby school	PK to 6	3.2 mi
6/10	Medomak Middle School	Public - Serves this home	7 to 8	1.3 mi
5/10	Medomak Valley High School	Public - Serves this home	9 to 12	1.4 mi
3/10	Warren Community School	Public - Nearby school	PK to 6	4.3 mi
5/10	Union Elementary School	Public - Nearby school	PK to 6	8.0 mi
9/10	Friendship Village School	Public - Nearby school	K to 6	8.5 mi


Rating	School	Distance
3/10	Miller School PublicPK to 6 Nearby school	3.2 mi
6/10	Medomak Middle School Public7 to 8 Serves this home	1.3 mi
5/10	Medomak Valley High School Public9 to 12 Serves this home	1.4 mi
3/10	Warren Community School PublicPK to 6 Nearby school	4.3 mi
5/10	Union Elementary School PublicPK to 6 Nearby school	8.0 mi
9/10	Friendship Village School PublicK to 6 Nearby school	8.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.