NOT LISTED FOR SALE

119 Forest St Westbrook, ME 04092

Estimated Value: $555,234 - $974,000

5 Beds
3.5 Baths
2,705 Sq Ft
$270/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $535,000 $198 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,522/month

23 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • No HOA
  • Zoned Heating
  • Level Lot

About This Home

As of September 2021

Well maintained and fully rehabbed in 2017 two unit with a 2 car garage, in great Westbrook location. First floor unit has 2 bedrooms and 1 bath. Second and third floor unit currently has 3 bedrooms and 2 bathrooms, with the potential to finish the rest of the 3rd floor (currently insulation and ready for finishing touches). Both units have washer/dryers in the units. Great property for owner occupied or investor interested in growing their portfolio.

Last Agent to Sell the Property

Katie Kinney

Landing Real Estate Brokerage Phone: 6032052276 Listed on: 07/16/2021

Last Buyer's Agent

Jessica Wallimann

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,705 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number WSBR-000040-000000-000084

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,133
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,317

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Forest St to #119.
  • Above Grade Finished Sq Ft: 2705.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: 6032052276
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 203.33
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2705.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 43200.0
  • Income Expenses Operating Expenses: 10133.0
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Heat System:Steam: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Radiator: Yes
  • Advertising Remarks:Advertising Remarks: Well maintained and fully rehabbed in 2017 two unit with a 2 car garage, in great Westbrook location. First floor unit has 2 bedrooms and 1 bath. Second and third floor unit currently has 3 bedrooms and 2 bathrooms, with the potential to finish the rest of the 3rd floor (currently insulation and ready for finishing touches). Both units have washer/dryers in the units. Great property for owner occupied or investor interested in growing their portfolio.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Multi-Zones
  • 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: 7840.8
  • Parcel #: WSBR-000040-000000-000084
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 43200.0
  • Annual Operating Expense: 10133.0

Tax Info

  • Tax Annual Amount: 5317.0
  • Tax Lot: 84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 30, 2021
Sold by
Roy Michelle
Bought by
Mccrossin Brendon E and Mccrossin Leah C
Seller's Agent
Katie Kinney
Landing Real Estate
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$729,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,059
Avg. Annual Appreciation
7.43%
Original Mortgage
$401,250
Outstanding Balance
$365,903
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$363,156

Purchase Details

Listed on
Dec 11, 2016
Closed on
Feb 7, 2017
Sold by
Damon Gregory L and Damon Kara
Bought by
Cusack Michelle T
Seller's Agent
Kara Damon
Landing Real Estate
Buyer's Agent
Katie Kinney
Landing Real Estate
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Original Mortgage
$313,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mccrossin Brendon E -- None Available
Cusack Michelle T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrossin Brendon E $401,250
Previous Owner Cusack Michelle T $313,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $535,000 -2.7% $198 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $550,000 +66.7% $203 / Sq Ft
02/06/2017 02/06/17 Sold $330,000 -8.1% $122 / Sq Ft View Prior Sale
12/21/2016 12/21/16 Pending -- -- --
12/10/2016 12/10/16 For Sale $359,000 +123.0% $133 / Sq Ft
06/14/2016 06/14/16 Sold $161,000 -19.5% $60 / Sq Ft View Prior Sale
04/03/2016 04/03/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $200,000 -- $74 / Sq Ft
Source: Maine Listings

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
2023 $6,142 $368,200 $81,800 $286,400
2022 $5,463 $301,800 $68,200 $233,600
2021 $5,308 $297,700 $68,200 $229,500
2020 $5,317 $297,700 $68,200 $229,500
2019 $5,317 $297,700 $68,200 $229,500
2018 $4,425 $227,900 $59,300 $168,600
2017 $4,303 $227,900 $59,300 $168,600
2016 $4,193 $227,900 $59,300 $168,600
2015 $4,093 $227,900 $59,300 $168,600
2014 $3,920 $227,900 $59,300 $168,600
2013 $3,920 $227,900 $59,300 $168,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1500970

Maine Listings

APN: WSBR-000040-000000-000084