NOT LISTED FOR SALE

123 Forest St Westbrook, ME 04092

Estimated Value: $487,542 - $603,000

4 Beds
2 Baths
2,331 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2024

Last sale price $565,000 $242 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,490 / mo

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Property is near public transit and shops
  • 2 Fireplaces
  • Enclosed Glass Porch

About This Home

As of March 2024

Welcome to your next investment opportunity or dream home in Westbrook, Maine! This charming two-unit property is nestled on a tree-lined street in the heart of Westbrook offers a unique blend of modern convenience and historical character just minutes away from local amenities and scenic attractions. This well-maintained home offers a unique opportunity for both owner-occupied homebuyers and investors seeking a peaceful haven in a desirable Westbrook location. Step into the warm and inviting interiors that feature an abundance of natural light, creating a cozy atmosphere throughout. Each unit offers a well-designed 2 bedroom one bath space ensuring comfort for both relaxation and entertainment. Recent upgrades enhance the overall functionality while preserving the character of the home. Escape to the backyard oasis, where you'll find a private retreat surrounded by lush greenery. The outdoor space is perfect for al fresco dining, gardening, or simply unwinding after a long day. Whether you are looking to establish roots in a welcoming community or start building your investment portfolio, 123 Forest St is a must see.

Last Agent to Sell the Property

Angel Nichols

Coastal Pine Real Estate, LLC Brokerage Phone: 2077982904 Listed on: 02/27/2024

Coastal Pine Real Estate, LLC

Last Buyer's Agent

Kim Carignan

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1925

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a freeway

Home Design

  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,331 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Doghouse Basement Entry

Flooring

  • Wood
  • Vinyl

Utilities

  • No Cooling
  • Heat Pump System
  • Heating System Mounted To A Wall or Window

Additional Features

  • Enclosed Glass Porch
  • Property is near public transit and shops

Listing and Financial Details

  • Tax Lot 083
  • Assessor Parcel Number WSBR-000040-000000-000083

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Year Built

Built in 1925

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: Main Street to Forest St.
  • Above Grade Finished Sq Ft: 2331.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1925
  • Attribution Contact: 2077982904
  • Contract Information:List PriceSqFt: 246.68
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Doghouse
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Transit
  • Waterfront: No
  • Patio And Porch Features: Glassed-in Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Heat Pump
  • 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: 5662.8
  • Parcel #: WSBR-000040-000000-000083
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0

Tax Info

  • Tax Annual Amount: 4588.0
  • Tax Lot: 083
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 26, 2024
Sold by
Bought by
Seller's Agent
Angel Nichols
Coastal Pine Real Estate, LLC
Buyer's Agent
Kim Carignan
Century 21 North East
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Views
30
Current Estimated Value
$553,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,614
Avg. Annual Appreciation
-0.95%
Original Mortgage
$554,537
Outstanding Balance
$542,351
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$11,035

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $554,537
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $565,000 -1.7% $242 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $575,000 -- $247 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,061 $303,400 $79,400 $224,000
2022 $4,588 $253,500 $66,200 $187,300
2021 $4,520 $253,500 $66,200 $187,300
2020 $4,657 $253,500 $66,200 $187,300
2019 $4,528 $253,500 $66,200 $187,300
2018 $3,968 $198,900 $57,600 $141,300
2017 $3,828 $198,900 $57,600 $141,300
2016 $3,660 $198,900 $57,600 $141,300
2015 $3,572 $198,900 $57,600 $141,300
2014 $3,421 $198,900 $57,600 $141,300
2013 $3,421 $198,900 $57,600 $141,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582965

Maine Listings

APN: WSBR-000040-000000-000083

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