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22 Cardinal Way

22 Cardinal Way, Bangor, ME 04401
House in Bangor
Sold Oct 22, 2021
$137,500
Buyer
$110,000 by Bangor Savings Bank
Mortgage
Sold Jun 18, 2018
$100,000
$80,000 by Guaranteed Rate Inc
Mortgage Due Jun 18, 2048
22 Cardinal Way 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 2017 and is 7 years old. The home has a total of 5 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 22 Cardinal Way has 1,092 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 500 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 16,553 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a raised ranch 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. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. 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 hot water heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 22 Cardinal Way sold most recently in Oct 21, 2021 for a total of $137,500. If you work out the math, that's approximately a cost of $125.92 per sqft. Before that, the property was also sold for $100,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,891 in taxes each year. 22 Cardinal Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $255,400. If we break it down further, the land itself was valued at $39,200. Improvements to the property, however, were assessed at a total of $216,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Raised Ranch
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 500
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,553
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUSSEX PINES SUB
  • Land Acres: 0.38
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LI KEVIN
  • Previous Owner : BRENNAN ROBERT
  • Owner Before Previous Owner: FIELDSTONE REALTY L L C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bangor
  • School Tax School District: BANGOR PS
  • Census Tract: 000900

Zoning

  • Zoning: LDR

Geography

  • Parcel: BANG M:R23 L:048
  • Lot: 48
  • Municipality: BANGOR
  • Latitude: 44.8304
  • Longitude: -68.8118

    Address

  • Full Address: 22 Cardinal Way
  • Address - House Number: 22
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Way
  • State: ME
  • City Name: Bangor
  • Carrier Code: R006
  • 4-Digit Zip Code: 2782
  • Zip Code: 04401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,891

    Appraisal Valuation

  • Standard Deviation: 0.1989
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 60
  • Final Value: 343,282
  • High Value: 411,592
  • Low Value: 274,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: BANGOR SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: $255,400
  • Assessed Land Value: $39,200
  • Assessed Improvements Value: $216,200

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11861828664
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 36314
  • Previous Sale Recording Date: Jun 18, 2018
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BANGOR SAVINGS BANK
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jun 18, 2018
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 18, 2048

About Bangor



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 22 Cardinal Way located in?
The 22 Cardinal Way is a house located in the neighborhood of Bangor in Bangor, Bangor.
What is the average sales price for listings in 22 Cardinal Way?
The average sales price for units in 22 Cardinal Way is $0 currently.

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