Seller's Agent in 2024
Brit Vitalius
Vitalius Real Estate Group, LLC
(207) 318-2555
5 in this area
174 Total Sales
1 Summer St Freeport, ME 04032
--
Bed
6.5
Baths
2,975
Sq Ft
27,878
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Open Lot
- Mast Landing School Rated A
- Baseboard Heating
- Wood Siding
About This Home
As of July 2024***Can't find a house? Start with a multi-family. Did you know that there is a new 5% down loan available to first time multi-family buyers? *** This 4-family in the Freeport Village is a great opportunity for an owner occupant or long term investor. Once a Bed and Breakfast, the cozy units are now used as traditional year-round rentals. In addition to the outstanding location and walkability, the units have a funky charm which makes for comfortable homes for the residents. The building features ample parking, a shared laundry room, front and rear porches, and two new heating systems. The largest of the units has 3 bedrooms and 2.5 bathrooms with a private front porch. Also on the first floor you'll find a spacious 1 bedroom unit with floor-to-ceiling picture windows overlooking the backyard. The second floor has a 2 bedroom 2 bathroom unit along with a studio which could be combined with another unit, or utilized as a separate office, artist's space or any other number of uses. 1 Summer Street is ideally located for short or long term tenants with convenient access to the retail outlet shops, breweries and restaurants, and coffee and chocolate shops - all the freeport village has to offer.
Last Buyer's Agent
Johnathan Finch
Coldwell Banker Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,815
Year Built
- Built in 1910
Lot Details
- 0.64 Acre Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,975 Sq Ft Home
- Multi-Level Property
- Wood Flooring
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Oil
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tax Block 6D
- Assessor Parcel Number FPRT-000009-000006-D000000
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $27,335
- Gross Income $85,572
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $857,000 | +0.9% | $288 / Sq Ft | |
| 06/07/2024 06/07/24 | Pending | -- | -- | -- | |
| 05/29/2024 05/29/24 | Price Changed | $849,000 | -3.0% | $285 / Sq Ft | |
| 05/03/2024 05/03/24 | Price Changed | $875,000 | -2.7% | $294 / Sq Ft | |
| 05/03/2024 05/03/24 | For Sale | $899,000 | 0.0% | $302 / Sq Ft | |
| 04/27/2024 04/27/24 | Pending | -- | -- | -- | |
| 04/08/2024 04/08/24 | For Sale | $899,000 | 0.0% | $302 / Sq Ft | |
| 04/07/2024 04/07/24 | Pending | -- | -- | -- | |
| 03/27/2024 03/27/24 | For Sale | $899,000 | +70.9% | $302 / Sq Ft | |
| 12/12/2016 12/12/16 | Sold | $526,000 | +0.2% | $177 / Sq Ft | View Prior Sale |
| 10/11/2016 10/11/16 | Pending | -- | -- | -- | |
| 10/07/2016 10/07/16 | For Sale | $525,000 | +26.5% | $176 / Sq Ft | |
| 07/13/2012 07/13/12 | Sold | $415,000 | -27.1% | $90 / Sq Ft | View Prior Sale |
| 05/10/2012 05/10/12 | Pending | -- | -- | -- | |
| 01/10/2011 01/10/11 | For Sale | $569,000 | -- | $124 / Sq Ft |
Source: Maine Listings
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 |
|---|---|---|---|---|
| 2025 | $9,073 | $655,100 | $292,800 | $362,300 |
| 2024 | $8,559 | $641,100 | $278,800 | $362,300 |
| 2023 | $7,816 | $568,400 | $253,500 | $314,900 |
| 2022 | $7,387 | $541,200 | $226,300 | $314,900 |
| 2021 | $7,225 | $541,200 | $226,300 | $314,900 |
| 2020 | $7,288 | $520,600 | $209,600 | $311,000 |
| 2019 | $7,153 | $500,200 | $197,700 | $302,500 |
| 2018 | $6,491 | $454,700 | $177,600 | $277,100 |
| 2017 | $6,575 | $439,800 | $174,100 | $265,700 |
| 2016 | $6,339 | $401,200 | $155,900 | $245,300 |
Source: Public Records
Agents Affiliated with this Home
-
Brit Vitalius
-
Chris Sullivan
Seller Co-Listing Agent in 2024
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
1 in this area
129 Total Sales
-
J
Buyer's Agent in 2024
Johnathan Finch
Coldwell Banker Realty
-
J
Buyer's Agent in 2024
Jonathan Finch
Coldwell Banker Realty
-
M
Buyer Co-Listing Agent in 2024
Monia Mukiza
Coldwell Banker Realty
-
A
Buyer's Agent in 2016
Ann Filipos
Coldwell Banker Realty
Map
Source: Maine Listings
MLS Number: 1585085
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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