NOT LISTED FOR SALE

123 Lincoln St Westbrook, ME 04092

Estimated Value: $565,752 - $680,000

5 Beds
4 Baths
2,902 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $508,000 $175 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,791/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Bathtub
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Walk-In Closet

About This Home

As of January 2022

Welcome to 123 Lincoln St! Located just minutes from downtown Westbrook and just a few hundred feet from the public boat launch and 4-season rink on the Presumpscot River, this LARGE 3 bed + office, 3 bath home comes with a 2 bedroom, 1 bath accessory unit! A perfect opportunity to live in one unit, and rent out the other for supplemental income! The main ''owners'' unit is so spacious, has a gigantic living room with a pellet stove, and spans two levels. There's a first floor bedroom/bath that is handicapped accessible, and there's a large deck off the updated kitchen that leads to your oversized backyard. The seller has planted many perennials over the years, including raspberries, dwarf apple, asparagus, hydrangea, weeping cherry, and lilac. There are also 6 raised beds, ready for you to take over if you'd like! The 2nd floor unit has its own entrance, and is nicely sized with 2 bedrooms, an open living room/kitchen concept, and one bath with washer/dryer hookups. Such a great opportunity, come take a look for yourself! Showings begin Thursday, December 9th, with all offers due Sunday the 12th at 5pm. Thanks for viewing!

Last Agent to Sell the Property

Mandy Wheeler

U&R Real Estate Listed on: 12/08/2021

Last Buyer's Agent

Mary Sue Cady-Mainella

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,983

Year Built

  • Built in 1941

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,902 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Roll-in Shower
  • Bath Modification
  • Doors are 32 inches wide or more

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 088
  • Assessor Parcel Number WSBR-000038-000000-000088

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $2,500
  • Gross Income $11,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,983

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 2902.0
  • Architectural Style: Colonial, Garrison
  • Garage Yn: No
  • Year Built: 1941
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 163.68
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2902.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 11940.0
  • Income Expenses Operating Expenses: 2500.0
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:In-Law Apartment: Yes
  • Accessibilitiy Amenities:Roll-in Shower: Yes
  • Style:Garrison: Yes
  • Accessibilitiy Amenities:Other Bath Modifications: Yes
  • Advertising Remarks:Advertising Remarks: Welcome to 123 Lincoln St! Located just minutes from downtown Westbrook and just a few hundred feet from the public boat launch and 4-season rink on the Presumpscot River, this LARGE 3 bed + office, 3 bath home comes with a 2 bedroom, 1 bath accessory unit! A perfect opportunity to live in one unit, and rent out the other for supplemental income! The main ''owners'' unit is so spacious, has a gigantic living room with a pellet stove, and spans two levels. There's a first floor bedroom/bath that is handicapped accessible, and there's a large deck off the updated kitchen that leads to your oversized backyard. The seller has planted many perennials over the years, including raspberries, dwarf apple, asparagus, hydrangea, weeping cherry, and lilac. There are also 6 raised beds, ready for you to take over if you'd like! The 2nd floor unit has its own entrance, and is nicely sized with 2 bedrooms, an open living room/kitchen concept, and one bath with washer/dryer hookups. Such a great opportunity, come take a look for yourself! Showings begin Thursday, December 9th, with all offers due Sunday the 12th at 5pm. Thanks for viewing! If interested, contact Mandy Wheeler at realtormandylou@gmail.com or 207-333-1050.
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors, Other Bath Modifications, Roll-in Shower
  • Has Basement: Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 4
  • Flooring: Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, Bathtub, In-Law Floorplan, Shower, Walk-In Closet(s), Storage, Primary Bedroom w/Bath
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: WSBR-000038-000000-000088
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11940.0
  • Annual Operating Expense: 2500.0

Tax Info

  • Tax Annual Amount: 4983.0
  • Tax Lot: 088
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 31, 2022
Sold by
Krzanowski James E and Krzanowski Allison H
Bought by
Opio Mark O
Seller's Agent
Mandy Wheeler
U&R Real Estate
Buyer's Agent
Mary Sue Cady-Mainella
Century 21 North East
List Price
$475,000
Sold Price
$508,000
Premium/Discount to List
$33,000
6.95%
Current Estimated Value
$631,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,188
Avg. Annual Appreciation
5.80%
Original Mortgage
$498,798
Outstanding Balance
$461,287
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$169,901

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jul 1, 2016
Sold by
Denis Melissa
Bought by
Krzanowski Allison H and Krzanowski James E
Seller's Agent
Tom Landry
Benchmark Real Estate
Buyer's Agent
Carolyn Nilsen
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$284,648
Interest Rate
3.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Opio Mark O $508,000 None Available
Krzanowski Allison H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Opio Mark O $498,798
Previous Owner Krzanowski Allison H $284,648
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2022 01/31/22 Sold $508,000 +6.9% $175 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $475,000 +63.8% $164 / Sq Ft
06/30/2016 06/30/16 Sold $289,900 0.0% $100 / Sq Ft View Prior Sale
05/02/2016 05/02/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $289,900 -- $100 / 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
2023 $5,770 $345,900 $84,400 $261,500
2022 $5,253 $290,200 $70,300 $219,900
2021 $4,983 $279,500 $70,300 $209,200
2020 $4,992 $279,500 $70,300 $209,200
2019 $4,992 $279,500 $70,300 $209,200
2018 $4,623 $238,100 $61,200 $176,900
2017 $4,495 $238,100 $61,200 $176,900
2016 $4,381 $238,100 $61,200 $176,900
2015 $4,274 $238,000 $61,200 $176,800
2014 $4,094 $238,000 $61,200 $176,800
2013 $4,094 $238,000 $61,200 $176,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1516203

Maine Listings

APN: WSBR-000038-000000-000088