NOT LISTED FOR SALE

1 Pettingill Rd Windham, ME 04062

Estimated Value: $464,000 - $667,000

6 Beds
2 Baths
2,028 Sq Ft
$279/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $359,000 $177 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,586/month

20 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Deck
  • Tile Flooring
  • Home fronts a pond
  • Bathtub
  • Open Lot

About This Home

As of February 2020

Great opportunity for owned frontage on Pettingill Pond! Fully rented 2 -unit, offers two large 3-bedroom units with separate entrances. Good turn-key, cash-flowing investment and/or nice opportunity for owner occupied, where tenant is paying good portion of ownership cost. Could make great short term rental property for someone who wants ownership and access to the water while still cash-flowing. Convenient location, just off of Roosevelt Trail in heart of Windham

Last Agent to Sell the Property

Michael Hamilton

Keller Williams Realty Listed on: 12/12/2019

Keller Williams Realty

Co-Listed By

Kevin Fletcher

Keller Williams Realty

Last Buyer's Agent

Jason Elvin

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,180

Year Built

  • Built in 1970

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Dirt Road
  • Open Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic System

Additional Features

  • Deck
  • Suburban Location

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number WINM-000079-000000-000046

Community Details

Overview

  • 2 Units
  • Pettingill Road Assoc. Subdivision

Building Details

  • Operating Expense $13,775
  • Gross Income $38,628

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,180

Year Built

Built in 1970

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Gravel
  • Water Body Name: Pettingill
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Pettingill Road Assoc.
  • Directions: Rt 302 to Pettingill Road. Across from Seacoast Fun Park.
  • Above Grade Finished Sq Ft: 1014.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1014.0
  • Property Information:SqFt Finished Below Grade: 1014.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 150.0
  • Location Information:Fee Frequency Paid: Annually
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 38628.48
  • Income Expenses Operating Expenses: 13774.61
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Water Info:Waterfront Amount -: 50.0
  • Water Info:Water Frontage Owned -: 50.0
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 1014.0
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: Bathtub
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Near Shopping, Near Turnpike/Interstate, Near Town, Suburban
  • View: Scenic
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Composition, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 14

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: WINM-000079-000000-000046
  • Zoning: Shoreland

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38628.48
  • Annual Operating Expense: 13774.61

Tax Info

  • Tax Annual Amount: 3180.0
  • Tax Book Number: 31338
  • Tax Lot: 46
  • Tax Map Number: 79
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 18, 2020
Sold by
Bjb Realty Llc
Bought by
Coffey Andrew D
Seller's Agent
Michael Hamilton
Keller Williams Realty
Buyer's Agent
Jason Elvin
Keller Williams Realty
List Price
$350,000
Sold Price
$359,000
Premium/Discount to List
$9,000
2.57%
Current Estimated Value
$566,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,710
Avg. Annual Appreciation
7.68%
Original Mortgage
$352,497
Outstanding Balance
$316,067
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$216,453

Purchase Details

Closed on
Feb 18, 2014
Sold by
Robie Builders Llc
Bought by
Bjb Realty Llc

Purchase Details

Listed on
Nov 25, 2012
Closed on
May 6, 2013
Sold by
Hartex Llc
Bought by
Robie Builders Llc
Seller's Agent
Tom Noonan
Allied Real Estate
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$169,000
Sold Price
$114,000
Premium/Discount to List
-$55,000
-32.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$160,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coffey Andrew D -- None Available
Bjb Realty Llc -- --
Robie Builders Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffey Andrew D $25,000
Open Coffey Andrew D $352,497
Previous Owner Robie Builders Llc $160,000
Previous Owner Flowers Dustin S $180,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $359,000 +2.6% $177 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/12/2019 12/12/19 For Sale $350,000 +207.0% $173 / Sq Ft
05/03/2013 05/03/13 Sold $114,000 -32.5% $56 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $169,000 -- $83 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,992 $435,200 $198,500 $236,700
2023 $4,576 $408,600 $184,500 $224,100
2022 $4,225 $363,900 $164,000 $199,900
2021 $3,625 $287,700 $131,900 $155,800
2020 $4,025 $268,300 $130,300 $138,000
2019 $3,180 $217,200 $104,300 $112,900
2018 $3,247 $213,900 $109,400 $104,500
2017 $3,156 $192,100 $99,800 $92,300
2016 $3,016 $192,100 $99,800 $92,300
2015 $2,910 $192,100 $99,800 $92,300
2014 $2,818 $192,100 $99,800 $92,300
2013 $2,776 $192,100 $99,800 $92,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1440781

Maine Listings

APN: WINM-000079-000000-000046