NOT LISTED FOR SALE

117 Union St Brewer, ME 04412

Estimated Value: $274,000 - $304,000

6 Beds
2 Baths
2,065 Sq Ft
$138/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $250,000 $121 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,905/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Porch
  • Deck
  • No HOA
  • Baseboard Heating

About This Home

As of February 2024

Welcome to this charming colonial property that boasts two distinct and well-maintained units, offering a perfect blend of timeless elegance and modern convenience. Nestled in a tranquil neighborhood and within walking distance to the Brewer waterfront, this income-generating gem promises not only a delightful living experience but also a robust cash flow for the savvy investor.
Both units feature the coveted combination of convenience and efficiency, with their own dedicated washer/dryer units and dishwashers. This modern amenity ensures that residents can enjoy the luxury of in-unit laundry and the ease of a dishwasher, enhancing the overall living experience and setting these units apart from the ordinary.

Currently rented as short term rental for travel professionals. All furnishings convey with sale.
Open house- Sunday, Jan. 21 from 11-12:30
All offers will be reviewed on Monday, Jan. 22at 5pm.

Last Agent to Sell the Property

Lisa Liberatore

NextHome Experience Listed on: 01/15/2024

NextHome Experience

Last Buyer's Agent

Sarah Ryan

Harris Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,837

Year Built

  • Built in 1900

Lot Details

  • 2,614

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 2,065 Sq Ft Home
  • Wood Flooring
  • Laundry on main level

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Water Heated On Demand

Additional Features

  • 2,614 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number BRER-000029-000000-000186

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,077
  • Gross Income $36,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,837

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2065.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2065.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 36678.0
  • Income Expenses Operating Expenses: 11077.0
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • 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
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: BRER-000029-000000-000186
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36678.0
  • Annual Operating Expense: 11077.0

Tax Info

  • Tax Annual Amount: 2837.0
  • Tax Book Number: 15322
  • Tax Lot: 186
  • Tax Map Number: 29
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 29, 2024
Sold by
Milamber Llc
Bought by
Leet Zachary W
Seller's Agent
Lisa Liberatore
NextHome Experience
Buyer's Agent
Sarah Ryan
Harris Real Estate
List Price
$220,000
Sold Price
$250,000
Premium/Discount to List
$30,000
13.64%
Views
5
Current Estimated Value
$284,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,329
Avg. Annual Appreciation
9.21%
Original Mortgage
$258,250
Outstanding Balance
$255,173
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$29,156

Purchase Details

Closed on
Mar 26, 2019
Sold by
Liberatore Lisa and Harkins Jason
Bought by
Ddax Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2017
Closed on
Oct 27, 2017
Sold by
Ogden Mark W
Bought by
Liberatore Lisa and Harkins Jason
Seller's Agent
Tricia Largay
Realty of Maine
Buyer's Agent
Kortnie Mullins
Realty of Maine
List Price
$119,000
Sold Price
$120,000
Premium/Discount to List
$1,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$102,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2017
Sold by
Ogden Mark
Bought by
Santacruz Juan F and Page-Santacruz Lorri W

Purchase Details

Closed on
Nov 26, 2013
Sold by
Shaver 2Nd James C
Bought by
Ogden Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,400
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2009
Sold by
Hall Alan S and Wells Fargo Bank Na Tr
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
Mar 2, 2006
Sold by
Gotlieb Joshua A and Gotlieb Sharon
Bought by
Hall Alan S
Source: Public Records

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
Leet Zachary W $250,000 None Available
Leet Zachary W $250,000 None Available
Ddax Properties Llc -- --
Ddax Properties Llc -- --
Liberatore Lisa -- --
Liberatore Lisa -- --
Santacruz Juan F -- --
Santacruz Juan F -- --
Ogden Mark W -- --
Ogden Mark W -- --
Wells Fargo Bank Na Tr -- --
Wells Fargo Bank Na Tr -- --
Hall Alan S -- --
Hall Alan S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leet Zachary W $258,250
Closed Leet Zachary W $258,250
Previous Owner Milamber Llc $170,000
Previous Owner Milamber Llc $130,000
Previous Owner Ddax Properties Llc $104,000
Previous Owner Liberatore Lisa $102,000
Previous Owner Ogden Mark W $53,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $250,000 +13.6% $121 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $220,000 +83.3% $107 / Sq Ft
10/25/2017 10/25/17 Sold $120,000 +0.8% $58 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $119,000 -- $58 / 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 $4,258 $226,500 $24,800 $201,700
2023 $2,981 $148,300 $19,100 $129,200
2021 $2,837 $127,200 $19,000 $108,200
2020 $2,305 $101,300 $19,000 $82,300
2019 $2,276 $99,000 $19,000 $80,000
2018 $2,228 $99,000 $19,000 $80,000
2017 $2,228 $99,000 $19,000 $80,000
2016 $2,130 $99,000 $19,000 $80,000
2015 $2,130 $99,000 $19,000 $80,000
2014 $2,071 $99,000 $19,000 $80,000
2013 $2,540 $121,400 $7,900 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1580388

Maine Listings

APN: BRER-000029-000000-000186