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    Property profile & analytics

    164 Elm St Mechanic Falls, ME 04256-5300

    • Banks
    • 960 SF
    • 3.21 lot acres
    OFF-MARKET
    Value Estimation
    $355,000
    Last Sale
    Aug 12, 2024
    Location Intelligence
    Property ID
    US42-0824869
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 164 Elm St

    Lot size
    3.21 lot acres
    Property size
    960 SF
    Zone code
    6
    Property type
    Banks
    APN
    MECH M:011 L:034
    APU
    MECHM011L034

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mechanic Falls
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.3823
    Latitude
    44.1041
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,912
    $60,188
    $147,794
    $207,982
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      1 Lewiston St

      FINANCIAL BUILDING • 0.34 Acres
      1 Lewiston St, Mechanic Falls, ME 04256-5124
      View Details
    • Value Estimation by Request
      0.22 Acres

      7 Lewiston St

      FINANCIAL BUILDING • 0.22 Acres
      7 Lewiston St, Mechanic Falls, ME 04256-5124
      View Details
    • Value Estimation
      $210,000
      0.18 Acres

      57 Lewiston St

      FINANCIAL BUILDING • 0.18 Acres
      57 Lewiston St, Mechanic Falls, ME 04256-5161
      View Details
    • Value Estimation
      $210,000
      644 SF

      81 Elm St

      FINANCIAL BUILDING • 644 SF
      81 Elm St, Mechanic Falls, ME 04256-5522
      View Details
    • Value Estimation
      $315,000
      621 SF

      20 Nn St

      FINANCIAL BUILDING • 621 SF
      20 Nn St, Mechanic Falls, ME 04256-6303
      View Details
    • Value Estimation
      $300,000
      784 SF

      108 Elm St

      FINANCIAL BUILDING • 784 SF
      108 Elm St, Mechanic Falls, ME 04256-5519
      View Details
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    164 Elm St
    Mechanic Falls, ME 04256-5300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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