NOT LISTED FOR SALE

121 Norton St South Berwick, ME 03908

Estimated Value: $526,000 - $654,000

8 Beds
2 Baths
2,800 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $425,000 $152 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,650/month

4 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Enclosed Glass Porch
  • Marshwood High School Rated 9+
  • 2 Car Detached Garage
  • 2-minute walk to Shoetown Playground

About This Home

As of June 2022

The perfect owner-occupied opportunity! This spacious duplex is located in the heart of town and close to schools, restaurants and activities. What a perfect spot to start your journey into homeownership. Units are identical in layout. First floor offers a large kitchen/dining area. Living room is open to the dining area, which makes it perfect for entertaining. Second and third floors each have two bedrooms. Each unit has a rear porch along with a detached garage and plenty of off-street parking.
Low-maintenance vinyl siding. Nice little back yard too! Roof shingles were replaced in 2021. Home is within easy reach to Seacoast, beaches and the Portsmouth Naval Shipyard. Both tenants are month to month. Showings start at an open house on Saturday, May 14th from 12:00 to 2:00 with additional open house on May 15th from 12:00 to 2:00.

Last Agent to Sell the Property

Michael Rudolph

RE/MAX Shoreline Listed on: 05/11/2022

RE/MAX Shoreline

Last Buyer's Agent

Nathan Fredette

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,234

Year Built

  • Built in 1907

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

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

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,800 Sq Ft Home
  • 3-Story Property
  • Laundry on upper level

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • Enclosed Glass Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number SBER-000031-000000-000128

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,334
  • Gross Income $31,272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,234

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 236 in town, take Norton St. (Post Office is on that corner). Property is on left just before Jewett Ave.
  • Above Grade Finished Sq Ft: 2800.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1907
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2800.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 31272.0
  • Income Expenses Operating Expenses: 10334.0
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Unknown
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: SBER-000031-000000-000128
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31272.0
  • Annual Operating Expense: 10334.0

Tax Info

  • Tax Annual Amount: 5234.0
  • Tax Book Number: 14575
  • Tax Lot: 128
  • Tax Map Number: 31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 24, 2022
Sold by
Kavanaugh Neil R and Kavanaugh Michele
Bought by
Brett James M and Liberty Alison M
Seller's Agent
Michael Rudolph
RE/MAX Shoreline
Buyer's Agent
Nathan Fredette
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Current Estimated Value
$585,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,569
Avg. Annual Appreciation
9.55%
Original Mortgage
$239,000
Outstanding Balance
$229,374
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,825

Purchase Details

Closed on
Aug 23, 2005
Sold by
Serrano Paul E and Plank Kara A
Bought by
Kavanaugh Michelle and Kavanaugh Neil R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Brett James M $425,000 None Available
Kavanaugh Michelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brett James M $239,000
Previous Owner Kavanaugh Michelle $260,800
Previous Owner Kavanaugh Michelle $32,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $425,000 +6.3% $152 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $399,900 -- $143 / 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 $6,699 $499,200 $144,800 $354,400
2023 $6,141 $439,900 $126,700 $313,200
2022 $5,764 $396,400 $120,600 $275,800
2021 $5,234 $336,800 $120,600 $216,200
2020 $5,357 $306,100 $106,800 $199,300
2019 $5,349 $284,500 $97,100 $187,400
2018 $2,775 $273,100 $100,300 $172,800
2017 $5,189 $273,100 $100,300 $172,800
2016 $4,998 $273,100 $100,300 $172,800
2015 $4,861 $273,100 $100,300 $172,800
2014 $4,834 $273,100 $100,300 $172,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527883

Maine Listings

APN: SBER-311280