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124 Palm Street

124 Palm Street, Bangor, ME 04401
House in Bangor
Sold May 21, 2021
$242,500
$194,000 by Primary Residential Mortgage
Mortgage
Sold Jan 07, 2019
$149,000
$119,200 by Residential Mortgage Services
Mortgage
124 Palm Street has been categorized by the local assessors in Bangor, ME as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 2012. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 124 Palm Street has 1,672 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,663 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 124 Palm Street was last sold in May 21, 2021 for $242,500. According to our calculations, that's $145.04 per sqft. Prior to that sales transaction, the property was sold for $149,000 in Jan 2, 2019. Current property owners are expected to pay $3,717 in taxes per year. The property on 124 Palm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $194,100. To break that down further, the land itself was valued at $20,100. While improvements to the property were assessed at a total of $174,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 2012
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GUERRETTE DEREK B
  • Previous Owner : SPILKA RACHEL
  • Owner Before Previous Owner: COREY KENT A
  • Owner Before Previous Owner 2: COREY KRISTEN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bangor
  • School Tax School District: BANGOR PS
  • Census Tract: 000300

Zoning

  • Zoning: URD1

Geography

  • Parcel: BANG M:047 L:245
  • Lot: 245
  • Municipality: BANGOR
  • Latitude: 44.8115
  • Longitude: -68.7637

    Address

  • Full Address: 124 Palm St
  • Address - House Number: 124
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: ME
  • City Name: Bangor
  • Carrier Code: C013
  • 4-Digit Zip Code: 4020
  • Zip Code: 04401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,717

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 60
  • Final Value: 239,116
  • High Value: 286,676
  • Low Value: 191,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,000
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $194,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,100
  • Assessed Land Value: $20,100
  • Assessed Improvements Value: $174,000

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11836259526
  • Current Sale Price: $242,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16214
  • Previous Sale Recording Date: Jan 07, 2019
  • Previous Sale Contract Date: Jan 02, 2019
  • Previous Sale Amount: $149,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: May 21, 2021
  • First Mortgage Loan Amount: $194,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jan 07, 2019
  • Previous Mortgage Loan Amount: $119,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Bangor



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Frequently Asked Questions

What neighborhood is 124 Palm Street located in?
The 124 Palm Street is a house located in the neighborhood of Bangor in Bangor, Bangor.
What is the average sales price for listings in 124 Palm Street?
The average sales price for units in 124 Palm Street is $0 currently.

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