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40 Magnolia Hill Rd

Bangor, ME 04401

4 bd 3 ba 2,016 sqft Built 2021 Lot 65,340 sqft single_family
Most recent sale
$275,000
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $275,000 Public Record
Jun 17, 2022 Listed $399,000 MaineListings
May 5, 2022 Listed $399,900 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $331,600 $51,300 $382,900 $7,103
2023 $277,900 $48,400 $326,300 $6,249
2022 $237,900 $48,400 $286,300 $5,841
2021 $36,100 $36,100 $805
2020 $34,300 $34,300 $796

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,016 sqft
Lot size
65,340 sqft
ZIP code
04401
City
Bangor
Street
Magnolia Hill Rd
Coordinates
44.83662, -68.83167

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,024
Gross rental yield
13.20%
Implied cap rate
8.58%
Trend-extrapolated value

Frequently asked questions

When did 40 Magnolia Hill Rd last sell?
40 Magnolia Hill Rd most recently sold on Aug 31, 2022 for $275,000.
What is the current tax assessment for 40 Magnolia Hill Rd?
The most recent total assessment for 40 Magnolia Hill Rd (year 2024) is $382,900 with $7,103 in property tax.
How does 40 Magnolia Hill Rd's assessment compare to its last sale price?
The current assessment is 39.2% above the last sale price of $275,000.
When was 40 Magnolia Hill Rd built?
40 Magnolia Hill Rd was built in 2021.
How does 40 Magnolia Hill Rd compare to others on Magnolia Hill Rd?
We track 5 other properties on Magnolia Hill Rd. Browse the list under "Other properties on Magnolia Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 40 Magnolia Hill Rd?
40 Magnolia Hill Rd is a 4 bed, 3 bath, 2,016 sqft, 65,340 sqft lot single_family.
Is 40 Magnolia Hill Rd a flip candidate?
No — 40 Magnolia Hill Rd does not appear in our flips dataset.
Is 40 Magnolia Hill Rd a tax-appeal candidate?
Yes — 40 Magnolia Hill Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+3.8%
2026 Q3
$344.2K
2026 Q4
$347.2K
ZIP 04401 — Median Price History + Forecast

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