NOT LISTED FOR SALE

11 Elm St Bridgton, ME 04009

Estimated Value: $338,000 - $442,000

-- Bed
3 Baths
3,300 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $321,000 $97 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,200/month

4 Days on Market

Highlights

  • Ski Resort
  • Public Beach
  • Tile Flooring
  • Nearby Water Access
  • No HOA
  • 5-minute walk to Bridgton Town Common

About This Home

As of August 2023

You cannot beat this location. Sunny townhouse style triplex on LARGE in-town lot in the heart of bustling downtown Bridgton. Newer heating system, metal roof, and strong rental history with reliable long-term tenants and below market rents. Separated electric, washer/dryer hook-up in each unit, ample parking and a large backyard are just some of the amenities in this wonderful opportunity. Five minute walk to town beach, antique shops, farmers market, restaurants and shops on Depot Street, Music on Main and more. Ten minutes to skiing at Pleasant Mountain /Shawnee Peak, 35 miles to Portland, 30 minutes to North Conway and the White Mountains. Town public wastewater system completion is imminent, unlocking more potential on this fantastic investment opportunity. Broker open house, Tuesday, July 25, 11:00-12:00

Last Agent to Sell the Property

Ann Filipos

Townsend Real Estate Listed on: 07/21/2023

Last Buyer's Agent

Ann Filipos

Townsend Real Estate Listed on: 07/21/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1850

Lot Details

  • 0.4

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,300 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Laundry on main level

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Nearby Water Access
  • Public Beach

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number BRGT-000023-000000-000052

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Ski Resort

Building Details

  • Operating Expense $16,710
  • Gross Income $32,820

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,231

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street (Route 302) to Elm Street to property on the right, across from post office.
  • Above Grade Finished Sq Ft: 3300.0
  • Architectural Style: Other
  • Garage Yn: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3300.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 32820.0
  • Income Expenses Operating Expenses: 16710.0
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Location:Ski Resort: Yes
  • Structure Type Townhouse3: Yes
  • Sewer:Septic Tank: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Has Basement: Interior, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Tile, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Ski Resort
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: BRGT-000023-000000-000052
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32820.0
  • Annual Operating Expense: 16710.0

Tax Info

  • Tax Annual Amount: 2231.0
  • Tax Book Number: 33257
  • Tax Lot: 52
  • Tax Map Number: 23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 2, 2023
Sold by
Elm St Bridgton Llc
Bought by
Mor James and Mor Samantha
Seller's Agent
Ann Filipos
Townsend Real Estate
Buyer's Agent
Ann Filipos
Coldwell Banker Realty
List Price
$339,800
Sold Price
$321,000
Premium/Discount to List
-$18,800
-5.53%
Current Estimated Value
$375,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,561
Avg. Annual Appreciation
6.17%
Source: Public Records

Range of Values:

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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
Mor James $321,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $321,000 -5.5% $97 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $339,800 +100.0% $103 / Sq Ft
07/06/2016 07/06/16 Sold $169,900 -2.9% $51 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $174,900 -- $53 / 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 $2,502 $146,746 $31,880 $114,866
2023 $2,524 $146,746 $31,880 $114,866
2022 $2,231 $146,746 $31,880 $114,866
2021 $2,172 $146,746 $31,880 $114,866
2020 $2,194 $146,746 $31,880 $114,866
2019 $4,224 $146,746 $31,880 $114,866
2018 $4,288 $146,746 $31,880 $114,866
2017 $4,172 $146,746 $31,880 $114,866
2016 $2,179 $146,746 $31,880 $114,866
2015 $1,633 $118,790 $38,232 $80,558
2014 $1,670 $118,790 $38,232 $80,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1558936

Maine Listings

APN: BRGT-000023-000000-000052