NOT LISTED FOR SALE

1103 N Berwick Rd Wells, ME 04090

Estimated Value: $688,240 - $745,000

4 Beds
2.5 Baths
2,696 Sq Ft
$262/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $430,000 $159 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,085/month

7 Days on Market

Highlights

  • 2.55 Acre Lot
  • Colonial Architecture
  • Wooded Lot
  • Wells Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2020

Income Producing Property. Perfect for use as a multi-family, or simple use for a single family home. Your choice! Leases in place. Situated on a large lot in Wells, just minutes from the highway, this is a great option. First floor unit has 2 bedroom, 1.5 bathrooms, laundry and bonus room with large kitchen/living/dining. Second floor unit as two bedrooms, 1 bathroom, kitchen, living and dining area. Both units have private back decks, and access to heated garage. Additionally, there is a detached, large garage that has potential to be a 3rd unit.

Last Agent to Sell the Property

Adam Parent

Keller Williams Realty Listed on: 07/24/2020

Co-Listed By

Jeremy Frantz

Keller Williams Realty

Last Buyer's Agent

Nathan McCabe

Pack Maynard and Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,594

Year Built

  • Built in 1997

Lot Details

  • 2.55 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 4 Car Direct Access Garage
  • Heated Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,696 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 1103NBerwickWellsME

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,594

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.55
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3221
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2696.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.55
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2696.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 37200.0
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Basement:Sump Pump: Yes
  • Vehicle Storage:Heated: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111078.0
  • Parcel #: 1103NBerwickWellsME
  • Zoning: R

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37200.0

Tax Info

  • Tax Annual Amount: 3593.75
  • Tax Book Number: 17486
  • Tax Lot: 45
  • Tax Map Number: 24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Oct 2, 2020
Sold by
Hughes Joshua and Hughes Sophie
Bought by
Corr Janice A
Seller's Agent
Adam Parent
Keller Williams Realty
Buyer's Agent
Nathan McCabe
Pack Maynard and Associates
List Price
$450,000
Sold Price
$430,000
Premium/Discount to List
-$20,000
-4.44%
Current Estimated Value
$706,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,310
Avg. Annual Appreciation
10.37%
Original Mortgage
$230,000
Outstanding Balance
$204,573
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$501,737

Purchase Details

Listed on
May 5, 2016
Closed on
Jun 5, 2017
Sold by
Akerley Colette
Bought by
Hughes Joshua and Hughes Sophie
Seller's Agent
Pamela Maxon
Moody Maxon Real Estate
Buyer's Agent
Pamela Maxon
Moody Maxon Real Estate
List Price
$337,900
Sold Price
$335,000
Premium/Discount to List
-$2,900
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%
Original Mortgage
$268,000
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 19, 2007
Sold by
Akerley Edward T
Bought by
Akerley Colette
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
Corr Janice A -- None Available
Hughes Joshua -- --
Akerley Colette -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corr Janice A $230,000
Previous Owner Hughes Joshua $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $430,000 -4.4% $159 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $450,000 +34.3% $167 / Sq Ft
06/01/2017 06/01/17 Sold $335,000 -0.9% $124 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $337,900 -- $125 / 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 $4,088 $672,380 $120,720 $551,660
2023 $4,007 $672,380 $120,720 $551,660
2022 $3,608 $344,890 $54,720 $290,170
2021 $3,628 $344,890 $50,530 $294,360
2020 $3,614 $344,890 $54,720 $290,170
2019 $3,594 $344,890 $54,720 $290,170
2018 $3,559 $344,890 $54,720 $290,170
2017 $3,431 $337,660 $54,720 $282,940
2016 $3,397 $337,660 $54,720 $282,940
2015 $3,360 $337,660 $54,720 $282,940
2013 $3,079 $337,660 $54,720 $282,940
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Parent

    Keller Williams Realty

  • J

    Seller Co-Listing Agent in 2020

    Jeremy Frantz

    Keller Williams Realty

  • Nathan McCabe

    Buyer's Agent in 2020

    Nathan McCabe

    Pack Maynard and Associates

    (207) 651-4690

    10 in this area

    91 Total Sales

    Nathan McCabe
    Section Image

  • P

    Seller's Agent in 2017

    Pamela Maxon

    Moody Maxon Real Estate

    (207) 251-3585

    236 in this area

    328 Total Sales

    Pamela Maxon
    Section Image
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Map

Source: Maine Listings

MLS Number: 1461711

Maine Listings

APN: WLLS-000024-000000-000045

Maine York County Wells 04090

1103 N Berwick Rd, Wells, ME

This home is located at 1103 N Berwick Rd, Wells, ME 04090 since 24 July 2020 and is currently estimated at $706,310, approximately $261 per square foot. This property was built in 1997. 1103 N Berwick Rd is a home located in York County with nearby schools including Wells Elementary School, Wells Junior High School, and Wells High School.

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