Closed

$225,000

137 Main Street, Cherryfield, ME 04622

4beds

3,500sqft

Multi Family

Built in 1850

-- sqft lot

$-- Zestimate^®

$64/sqft

$1,300 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,300/mo

Zestimate^® history

Owner options

List your home for rent

$1,300/mo

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$1,300/mo

Rent Zestimate^®

Refinance and save

$1,161/mo

Est. payment

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$1,161/mo

Est. payment

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What's special

A terrific opportunity to own a multi family plus a commercial first floor space which is currently C.H. Mathews Grocery Store. This Main Street in-town location has been serving customers since 1891. The building had major renovations and was expanded in the early 2000's. There are a total of 7,000 square feet. Gross income figure includes an estimate for the commercial space of $2500/ month if renting the store to a tenant. Always wanted to have your own store or retail space as well as residential units? Take a look today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Hot Water, Zoned

Cooling

None

Features

1st Floor Bedroom, Storage
Flooring: Carpet, Vinyl
Windows: Double Pane Windows
Basement: Interior Entry,Partial

Interior area

Total structure area: 3,500
Total interior livable area: 3,500 sqft
Finished area above ground: 3,500
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Gravel, Paved, 11 - 20 Spaces, Off Street
Garage spaces: 2

Features

Body of water: Narraguagus River

Lot

Size: 1.1 Acres
Features: Business District, City Lot, Near Shopping, Open Lot, Rolling Slope

Details

Parcel number: CHRYMU13L018
Zoning: general

Construction

Type & style

Home type: MultiFamily
Architectural style: New Englander
Property subtype: Multi Family

Materials

Wood Frame, Clapboard, Vinyl Siding
Foundation: Slab, Stone
Roof: Composition

Condition

Year built: 1850

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Private
Utilities for property: Utilities On

Community & HOA

Location

Region: Cherryfield

Financial & listing details

Price per square foot: $64/sqft
Tax assessed value: $326,300
Annual tax amount: $4,604
Date on market: 7/14/2023
Road surface type: Paved

Price history

Date	Event	Price
5/20/2024	Sold	$225,000-13.1%$64/sqft
Source: Maine Listings #1565392 Report a problem
3/13/2024	Pending sale	$259,000$74/sqft
Source: Maine Listings #1565392 Report a problem
10/16/2023	Price change	$259,000-10.7%$74/sqft
Source: Maine Listings #1565392 Report a problem
7/14/2023	Price change	$290,000-10.8%$83/sqft
Source: Maine Listings #1565392 Report a problem
5/4/2023	Listed for sale	$325,000$93/sqft
Source: NextHome #1555132 Report a problem
3/17/2023	Listing removed	--
Source: Maine Listings #1550206 Report a problem
12/29/2022	Listed for sale	$325,000$93/sqft
Source: Maine Listings #1550206 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,701	$326,300
2023	$7,701	$326,300
2022	$7,701	$326,300
2021	$7,701	$326,300
2020	$7,701 +10.8%	$326,300
2019	$6,950 +9.2%	$326,300
2018	$6,363	$326,300
2017	$6,363	$326,300
2016	$6,363 -0.4%	$326,300
2015	$6,389 +0.4%	$326,300
2014	$6,363 +348.1%	$326,300 +256.2%
2011	$1,420	$91,600