NOT LISTED FOR SALE

123 State St Brewer, ME 04412

Estimated Value: $315,000 - $339,000

8 Beds
3 Baths
4,378 Sq Ft
$74/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $246,500 $56 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,220/month

5 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • Enclosed Glass Porch

About This Home

As of July 2021

Here is your opportunity weather you are an owner occupant or investor. This well maintained three unit has been in the same family since it was built in the late 1930's. The first floor offers lovely owner apartment with kitchen, dining room, full bath, 3 bedrooms, sunroom and three season front porch. The second floor apartment offers 2 bedrooms, kitchen, and dining area, living room, and bathroom. The third floor apartment offers kitchen and dining area, living room, 2 bedrooms and bathroom. Plus there is an oversized 2 car garage, and located on the bus route. Very well maintained this is one you need to see.

Last Listed By

James Stoneton

Coldwell Banker American Heritage Listed on: 05/28/2021

Coldwell Banker American Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2.5 Car Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • Multi-Level Property
  • Wood Flooring
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Deck
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number BRER-000031-000000-000039

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,526

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 123 State Street, Brewer
  • Above Grade Finished Sq Ft: 3170.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3170.0
  • Property Information:SqFt Finished Below Grade: 1208.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.5
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 33000.0
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Exterior:Aluminum Siding: Yes
  • Transportation:Public Transport Access: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Below Grade Sq Ft: 1208.0
  • Flooring: Wood
  • Interior Amenities: Pantry
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.5
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • 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: 8276.4
  • Parcel #: BRER-000031-000000-000039
  • Zoning: OR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33000.0

Tax Info

  • Tax Annual Amount: 3526.0
  • Tax Book Number: 12684, 1794
  • Tax Lot: 39
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 22, 2021
Sold by
Spellman Delma Est and Spellman
Bought by
Prue Partners Llc
Seller's Agent
James Stoneton
Coldwell Banker American Heritage
Buyer's Agent
Philip Sloan
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$229,000
Sold Price
$246,500
Premium/Discount to List
$17,500
7.64%
Total Days on Market
5
Current Estimated Value
$322,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,009
Avg. Annual Appreciation
7.38%
Original Mortgage
$197,200
Outstanding Balance
$181,764
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,830

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
Prue Partners Llc -- None Available
Prue Partners Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prue Partners Llc $197,200
Closed Prue Partners Llc $197,200
Previous Owner Mailloux Rew $175,000
Previous Owner Spellman Delma J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $246,500 +7.6% $56 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $229,000 -- $52 / 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 $5,074 $269,900 $24,400 $245,500
2023 $4,945 $246,000 $22,600 $223,400
2021 $4,683 $210,000 $22,400 $187,600
2020 $2,958 $155,000 $22,400 $132,600
2019 $3,021 $151,400 $22,400 $129,000
2018 $3,000 $151,400 $22,400 $129,000
2017 $3,407 $151,400 $22,400 $129,000
2016 $3,258 $151,400 $22,400 $129,000
2015 $3,043 $151,400 $22,400 $129,000
2014 $3,167 $151,400 $22,400 $129,000
2013 $3,489 $166,800 $14,000 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1493752

Maine Listings

APN: BRER-000031-000000-000039