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  • $306,000

    368 Gilman Falls Avenue, Old Town, ME 04468

    3beds
    1,568sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $339,300 Zestimate®
    $195/sqft
    $1,918 Estimated rent

    Home value

    $339,300

    $322,000 - $360,000

    $1,918/mo

    Zestimate® history
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    $1,567/mo

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    What's special

    OLD TOWN: Exceptional opportunity for home seekers and/or investors! Reside in this wonderful turnkey Duplex home while generating income to help pay for your mortgage. W I N. This beautiful Ranch features a renovated 1BD / 1BA owners' unit with a tiled shower, laundry room, walk-in closet, office, and an open concept kitchen / living area. Boasting an expansive screened-in porch which leads to a gorgeous backyard complimented by a cozy fire pit. The second apartment home offers 2 bedrooms, 1 bathroom, a spacious kitchen, sunfilled living room with a sliding glass door to a private 23' x 8' deck, and an oversized sunporch/mudroom with laundry area. There is also an enormous 28' x 40' garage with ample space to hold at least 3 vehicles and a workbench. For even more storage, there is a shed. Sellers have installed a new 3-BR leach field as of June 5, 2024, with hydroseeding, and added fresh crusher dust on the driveway. This well cared for Duplex has seen numerous improvements since 2016 to include flooring, windows, doors, garage door, electrical, plumbing, kitchen and bathroom renovations. More recently, to include a new metal roof, well pump, new furnace in owners' unit, fresh paint, a heat pump, as well as a heat pump water heater and more! Conveniently located 1.1 miles to I-95, 5 minutes to downtown Old Town, within 10 minutes to UMaine Orono, and less than 20 minutes to Bangor International Airport. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Bought with:

    NextHome Experience

    Source: Maine Listings,MLS#: 1587873MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Features
    • 1st Floor Bedroom, One-Floor Living, Shower, Walk-In Closet(s)
    • Flooring: Carpet, Vinyl
    • Doors: Storm Door(s)
    • Basement: Bulkhead,Exterior Entry,Walk-Out Access,Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,568
    • Total interior livable area: 1,568 sqft
    • Finished area above ground: 1,568
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Gravel, 5 - 10 Spaces, Off Street, Detached
    • Garage spaces: 3
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.78 Acres
    • Features: Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Level, Open Lot, Rolling Slope
    Details
    • Additional structures: Shed(s)
    • Parcel number: OLDNM006L008
    • Zoning: Rural 3 Residential
    • Other equipment: Internet Access Available

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Roof: Metal,Pitched
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer, Septic Tank
    • Water: Private
    • Utilities for property: Utilities On, Pole
    Green energy
    • Energy efficient items: Ceiling Fans, Water Heater, LED Light Fixtures

    Community & HOA

    Location
    • Region: Old Town

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $226,900
    • Annual tax amount: $4,016
    • Date on market: 7/9/2024
    • Exclusions: wifi; security cameras
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2024Sold$306,000+2%$195/sqft
    Source: Maine Listings #1587873 Report a problem
    7/20/2024Pending sale$299,900$191/sqft
    Source: Maine Listings #1587873 Report a problem
    7/18/2024Price change$299,900-2.6%$191/sqft
    Source: Maine Listings #1587873 Report a problem
    7/9/2024Listed for sale$308,000$196/sqft
    Source: Maine Listings #1587873 Report a problem
    6/7/2024Pending sale$308,000$196/sqft
    Source: Maine Listings #1587873 Report a problem
    5/17/2024Listed for sale$308,000$196/sqft
    Source: Maine Listings #1587873 Report a problem
    5/6/2024Pending sale$308,000$196/sqft
    Source: NextHome #1587873 Report a problem
    5/4/2024Contingent$308,000$196/sqft
    Source: Maine Listings #1587873 Report a problem
    4/30/2024Listed for sale$308,000$196/sqft
    Source: Maine Listings #1587873 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,016 $226,900
    2023$4,016 +29.5%$226,900 +53.7%
    2022$3,100 -6.1%$147,600 +2.1%
    2021$3,303 $144,500
    2020$3,303 $144,500
    2019$3,303 $144,500
    2018$3,303 +2.3%$144,500
    2017$3,230 +6%$144,500
    2016$3,048 -0.3%$144,500
    2015$3,058 +4.7%$144,500
    2014$2,920 +10.4%$144,500
    2011$2,644 $144,500
    2009-- $144,500
    2008-- $144,500 +82%
    2006-- $79,400
    Find assessor info on the county website

    Neighborhood: 04468

    Nearby schools

    GreatSchools rating
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