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368 Gilman Falls Avenue

368 Gilman Falls Avenue, Old Town, ME 04468
Property in Old Town
Sold May 19, 2021
$180,000
$144,000 by University Credit Union
Mortgage Due Jun 01, 2036
Sold Jun 04, 2018
$111,000
$109,479 by Residential Mtg Svcs
Mortgage Due Jun 04, 2048
368 Gilman Falls Avenue has been categorized by the local assessors in Old Town, ME as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 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, 368 Gilman Falls Avenue has 1,568 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 full basement that is 1,102 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 33,977 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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 hot water heating system. The property was last sold in May 14, 2021 for $180,000. That's $114.80 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $111,000. 368 Gilman Falls Avenue was last assessed in 2022. The total value of the property was assessed at $147,600. Specifically, the land the property is located on was valued at $22,200. While improvements on the property were assessed at a total of $125,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,100. The initial tax year of delinquency was in 2022. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Concrete
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,102
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 1,568
  • Gross Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,568
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential (assumed)

Ownership

  • Current Owner : MCPHEE MICHAEL R
  • Current Owner 2: MCPHEE BRITTANY
  • Previous Owner : MCPHEE MICHAEL R
  • Owner Before Previous Owner: ALLEN JOHN W
  • Owner Before Previous Owner 2: ALLEN SUE A
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Regional School Unit 34
  • School Tax School District: RSU 34
  • Census Tract: 007100

Zoning

  • Zoning: R-3 -

Geography

  • Parcel: OLDN M:006 L:008
  • Lot: 8
  • Municipality: OLD TOWN
  • Latitude: 44.9473
  • Longitude: -68.6897

    Address

  • Full Address: 368 Gilman Falls Ave
  • Address - House Number: 368
  • Address - Street Name: Gilman Falls
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: Old Town
  • Carrier Code: R001
  • 4-Digit Zip Code: 1328
  • Zip Code: 04468

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,100
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2716
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 229,815
  • High Value: 292,252
  • Low Value: 167,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $144,000
  • First Open Lien Mortgage Lender: UNIVERSITY CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $144,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,600
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $125,400

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836259480
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15941
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Amount: $111,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSITY CREDIT UNION
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jun 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MTG SVCS
  • Previous Mortgage Transaction Date: Jun 04, 2018
  • Previous Mortgage Loan Amount: $109,479
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 04, 2048

About Old Town



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Frequently Asked Questions

What neighborhood is 368 Gilman Falls Avenue located in?
The 368 Gilman Falls Avenue is a located in the neighborhood of Old Town in Old Town, Old Town.
What is the average sales price for listings in 368 Gilman Falls Avenue?
The average sales price for units in 368 Gilman Falls Avenue is $0 currently.

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