An outstanding opportunity to own this 4 unit apartment building that is centrally located between Kingfield and Madison. Excellent rental history. Fourth unit studio apartment recently added. 2 of the other 3 units have had recent updating. Close to all outdoor activities including 30 minutes to Sugarloaf to ski or golf and numerous hiking /biking trails. Come see the possibilities for this investment property!
Closed
$240,000
3 Long Falls Dam Road, New Portland, ME 04961
3beds
2,856sqft
Multi Family
Built in 1870
-- sqft lot
$267,500 Zestimate®
$84/sqft
$1,232 Estimated rent
Home value
$267,500
$243,000 - $294,000
$1,232/mo
Zestimate® history
Owner options
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$1,232/mo
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$1,232/mo
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$1,247/mo
Est. payment
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$1,247/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Bought with:
County Seat Realty
Source: Maine Listings,MLS#: 1593974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Direct Vent Furnace, Direct Vent Heater, Forced Air, Zoned
Cooling
- None
Features
- Flooring: Other, Wood
- Basement: Bulkhead,Dirt Floor,Walk-Out Access,Full,Unfinished,Brick/Mortar
Interior area
- Total structure area: 2,856
- Total interior livable area: 2,856 sqft
- Finished area above ground: 2,856
- Finished area below ground: 0
Property
Parking
- Parking features: Common, Gravel, 5 - 10 Spaces, Off Street
Lot
- Size: 0.26 Acres
- Features: Rural, Corner Lot, Landscaped
Details
- Parcel number: MPRDM001L031
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: New Englander
- Property subtype: Multi Family
Materials
- Wood Frame, Wood Siding
- Foundation: Other
- Roof: Metal
Condition
- Year built: 1870
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Tank
- Water: Public
- Utilities for property: Utilities On
Community & HOA
Location
- Region: New Portland
Financial & listing details
- Price per square foot: $84/sqft
- Tax assessed value: $196,300
- Annual tax amount: $2,687
- Date on market: 6/19/2024
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $240,000-7.7%$84/sqft |
Source:  Maine Listings #1593974 Report a problem | ||
| 7/27/2024 | Pending sale | $260,000$91/sqft |
Source: Maine Listings #1593974 Report a problem | ||
| 6/19/2024 | Listed for sale | $260,000$91/sqft |
Source: Maine Listings #1593974 Report a problem | ||
| 2/2/2024 | Listing removed | -- |
Source: Maine Listings #1567930 Report a problem | ||
| 8/8/2023 | Listed for sale | $260,000+108%$91/sqft |
Source: Maine Listings #1567930 Report a problem | ||
| 3/5/2021 | Sold | $125,000$44/sqft |
Source: Maine Listings #1479125 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,768 +3% | $196,300 +0.8% |
| 2023 | $2,687 +1% | $194,700 +8.3% |
| 2022 | $2,661 -6.3% | $179,800 +34.8% |
| 2021 | $2,841 -7.4% | $133,400 |
| 2020 | $3,068 +20.4% | $133,400 |
| 2019 | $2,548 +8.9% | $133,400 +3.3% |
| 2018 | $2,339 +1.1% | $129,200 |
| 2017 | $2,313 +2.8% | $129,200 +2.8% |
| 2016 | $2,250 +5.3% | $125,700 |
| 2015 | $2,137 | $125,700 |
| 2014 | $2,137 | $125,700 |
Find assessor info on the county website
Neighborhood: 04961
Nearby homes
- $189,9003 bd1 ba1.5k sqft4 Long Falls Dam Rd, New Portland, ME 04961Off Market
- $---- bd-- ba-- sqft0 Long Falls Dam Rd #76.3, Lexington Twp, ME 04961Off Market
- $75,0004 bd1 ba2.1k sqft283 Meadow Brook Rd, New Portland, ME 04961Sold
- $137,9004 bd1 ba1.3k sqft8 Hancock Pond Rd, New Portland, ME 04961Off Market
- $127,000-- bd-- ba-- sqft7 Long Falls Dam Rd, New Portland, ME 04961Off Market
- $178,600-- bd-- ba1.5k sqft286 Meadow Brook Rd, New Portland, ME 04961Off Market
- $62,3003 bd1 ba1.3k sqft14 Bog Rd, New Portland, ME 04961Off Market
- $42,0003 bd1 ba1.2k sqft14 Long Falls Dam Rd, New Portland, ME 04961Off Market
Nearby schools
GreatSchools rating
- 3/10Carrabec Community SchoolGrades: K-8Distance: 7.7 mi
- 4/10Carrabec High SchoolGrades: 9-12Distance: 7.9 mi
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$267,500
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- Maine
- Somerset County
- New Portland
- 04961
- 3 Long Falls Dam Road
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