124 Brackett St Westbrook, ME 04092
Estimated payment $3,750/month
Highlights
- Nearby Water Access
- New Englander Architecture
- No HOA
- Property is near public transit
- Main Floor Bedroom
- Porch
About This Home
Don't Miss This Fantastic Investment Opportunity in Westbrook!
This well-maintained two-unit property is perfect for investors or owner-occupants looking to build equity while someone else helps pay the mortgage. Ideally located near downtown Westbrook, you'll enjoy easy access to shops, restaurants, and all the amenities this vibrant area has to offer.
Both units are currently leased with long-term tenants in place through 2025 and 2026, offering immediate and stable rental income. Additional perks include plenty of off-street parking and a desirable neighborhood setting.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,571
Year Built
- Built in 1940
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 2,071 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- River Nearby
- Porch
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 289
- Assessor Parcel Number 124BrackettStreetWestbrookME04098
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,867 | $291,800 | $79,300 | $212,500 |
| 2022 | $4,418 | $244,100 | $66,100 | $178,000 |
| 2021 | $4,352 | $244,100 | $66,100 | $178,000 |
| 2020 | $4,360 | $244,100 | $66,100 | $178,000 |
| 2019 | $4,360 | $244,100 | $66,100 | $178,000 |
| 2018 | $3,910 | $196,000 | $57,500 | $138,500 |
| 2017 | $3,081 | $163,200 | $57,500 | $105,700 |
| 2016 | $3,003 | $163,200 | $57,500 | $105,700 |
| 2015 | $2,944 | $163,900 | $57,500 | $106,400 |
| 2014 | $2,819 | $163,900 | $57,500 | $106,400 |
| 2013 | $2,819 | $163,900 | $57,500 | $106,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $595,000 | -1.7% | $287 / Sq Ft |
| 05/29/2025 05/29/25 | Price Changed | $605,000 | -1.6% | $292 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $615,000 | +19.4% | $297 / Sq Ft |
| 09/30/2022 09/30/22 | Sold | $515,000 | +7.5% | $249 / Sq Ft |
| 08/26/2022 08/26/22 | Pending | -- | -- | -- |
| 06/24/2022 06/24/22 | For Sale | $479,000 | +356.2% | $231 / Sq Ft |
| 09/30/2015 09/30/15 | Sold | $105,000 | -19.2% | $51 / Sq Ft |
| 12/09/2014 12/09/14 | Pending | -- | -- | -- |
| 10/24/2014 10/24/14 | For Sale | $130,000 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $515,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $22,213 | FHA | |
| Open | $503,433 | FHA | |
| Previous Owner | $287,500 | Purchase Money Mortgage | |
| Previous Owner | $295,548 | FHA | |
| Previous Owner | $204,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $20,900 | Unknown | |
| Previous Owner | $186,000 | Unknown |
Source: Maine Listings
MLS Number: 1621051
APN: WSBR-000028-000000-000289
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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