$415,000
SOLD JUL 13, 2012

1 Summer St Freeport, ME 04032

Downtown Freeport Neighborhood
-- Bed
8 Baths
4,600 Sq Ft
0.64 Acres

Recently Sold

$90 Per Sq Ft

27% Below List Price

485 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • No HOA
  • Mast Landing School Rated A
  • Contemporary Architecture
  • Landscaped

About This Home

As of July 2024

Classic farmhouse greatly expanded in 1985. Well maintained furnished 5/4 unit features 1- 3 BDRM,1-2 BDRM & 3-1 BDRM apartments. Combined w/an excellent long and short term rental history & a location near Freeport village.

Last Agent to Sell the Property

Peter Thornton

Legacy Properties Sotheby's International Realty Listed on: 01/08/2011

Co-Listed By

Lois Lengyel

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Linda Macdonald

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1895

Lot Details

  • 0.64 Acre Lot
  • Landscaped
  • Open Lot

Home Design

  • Contemporary Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 8 Full Bathrooms
  • 2-Story Property
  • Carpet
  • Views of Woods
  • Finished Basement

Parking

  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block D / 6
  • Assessor Parcel Number 1Summer StreetFreeport96D

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Pet Policy

  • No Cats Allowed

Building Details

  • Operating Expense $27,783
  • Gross Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.64
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2259
  • Co List Office Phone: 207-780-8900
  • MLS Status: Closed
  • Directions: Route 1 north to Freeport left on Summer Street near fire station.
  • Above Grade Finished Sq Ft: 3600.0
  • Architectural Style: Contemporary, Farmhouse
  • Building Stories: 2
  • Year Built: 1895
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.64
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 3600.0
  • Property Information:SqFt Finished Below Grade: 1000.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Number of Units: 5
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 84000.0
  • Income Expenses Operating Expenses: 27783.0
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • View:Fields: Yes
  • Water Heater:Tank: Yes
  • Restrictions:No Cats Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 8
  • Below Grade Sq Ft: 1000.0
  • Flooring: Carpet

Exterior Features

  • Lot Features: Open Lot, Landscaped
  • View: Trees/Woods, Fields
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Cats Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27878.4
  • Parcel #: 1Summer StreetFreeport96D
  • Zoning: Commercial

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 84000.0
  • Annual Operating Expense: 27783.0

Tax Info

  • Tax Annual Amount: 6454.0
  • Tax Block: 6
  • Tax Book Number: 18723
  • Tax Lot: D
  • Tax Map Number: 9
  • Tax Year: 10

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2024

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    6 in this area

    177 Total Sales

    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2024

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    2 in this area

    131 Total Sales

    Section Image

  • J

    Buyer's Agent in 2024

    Johnathan Finch

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2024

    Jonathan Finch

    Coldwell Banker Realty

  • Monia Mukiza

    Buyer Co-Listing Agent in 2024

    Monia Mukiza

    Coldwell Banker Realty

    (207) 518-3662

    1 in this area

    3 Total Sales

    Section Image

  • A

    Buyer's Agent in 2016

    Ann Filipos

    Coldwell Banker Realty

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1000038

Maine Listings

Maine Cumberland County Freeport 04032 Downtown Freeport

1 Summer St, Freeport, ME

This home is located at 1 Summer St, Freeport, ME 04032 and is currently priced at $415,000, approximately $90 per square foot. This property was built in 1895. 1 Summer St is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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