NOT LISTED FOR SALE

11 Tibbetts St Brewer, ME 04412

Estimated Value: $228,000 - $282,000

4 Beds
2 Baths
2,100 Sq Ft
$116/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $240,000 $114 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,585/month

99 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of August 2024

Looking for the perfect duplex to add to your portfolio?! This charming 2 unit is located just minutes to in town Brewer and all the amenities. Each unit features 2 bedrooms and 1 full bath, spacious kitchen and living space, and BRAND new roof! Both units currently on lease and the property has had consistent revenue- call today for your tour!

Last Listed By

Lewis Morris Nicole Drake

NextHome Experience Listed on: 05/04/2024

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,100 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 148
  • Assessor Parcel Number BRER-000026-000000-000148

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $16,728
  • Gross Income $24,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,599

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From S Main St, turn onto Tibbetts St. 11 Tibbetts is on the R, sign is up
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 24466.0
  • Income Expenses Operating Expenses: 16728.0
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: BRER-000026-000000-000148
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24466.0
  • Annual Operating Expense: 16728.0

Tax Info

  • Tax Annual Amount: 2599.0
  • Tax Book Number: 15210
  • Tax Lot: 148
  • Tax Map Number: 26
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Aug 12, 2024
Sold by
Penobscot Rentals Llc
Bought by
Jackson Christine M
Seller's Agent
Lewis Morris Nicole Drake
NextHome Experience
Buyer's Agent
Emily Ellis
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Total Days on Market
99
Views
25
Current Estimated Value
$244,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,169
Avg. Annual Appreciation
2.42%
Original Mortgage
$192,000
Outstanding Balance
$190,680
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$53,489

Purchase Details

Closed on
Jul 8, 2019
Sold by
Shanos Thomas
Bought by
Penobscot Rentals Llc

Purchase Details

Closed on
Nov 5, 2007
Sold by
Shanos Thomas
Bought by
April Fools Inc

Range of Values:

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Average Value
Not Available
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
Jackson Christine M $240,000 None Available
Jackson Christine M $240,000 None Available
Jackson Christine M $240,000 None Available
Penobscot Rentals Llc -- --
Penobscot Rentals Llc -- --
Penobscot Rentals Llc -- --
April Fools Inc -- --
April Fools Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Christine M $192,000
Closed Jackson Christine M $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $240,000 -7.7% $114 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $259,900 -- $124 / 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 $2,702 $143,700 $24,700 $119,000
2023 $2,599 $129,300 $22,800 $106,500
2021 $2,471 $110,800 $22,700 $88,100
2020 $2,052 $90,200 $22,700 $67,500
2019 $2,032 $88,400 $22,700 $65,700
2018 $1,946 $88,400 $22,700 $65,700
2017 $1,989 $88,400 $22,700 $65,700
2016 $1,902 $88,400 $22,700 $65,700
2015 $1,902 $88,400 $22,700 $65,700
2014 $1,849 $88,400 $22,700 $65,700
2013 $2,255 $107,800 $10,700 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1588426

Maine Listings

APN: BRER-000026-000000-000148