NOT LISTED FOR SALE

131 Fletcher St Kennebunk, ME 04043

Estimated Value: $625,000 - $780,000

5 Beds
4 Baths
3,652 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $325,000 $89 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,254/month

156 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Wood Flooring
  • Kennebunk High School Rated 9+
  • Deck
  • Main Floor Bedroom

About This Home

As of August 2018

Investors take notice! There is great potential in this 3-story colonial with an income-producing 2 bedroom apartment. It even appears to have the possibility of subdividing to create another lot out back. The main house features exposed beams, warm hardwood floors, 2 staircases and a great amount of space for everyone. The 2-story apartment is cheerful and bright with a half bath and bedroom on the first floor and another bedroom, full bath and laundry up. Convenient location, close to town and turnpike.

Last Agent to Sell the Property

Keri Walker

Pack Maynard and Associates Brokerage Phone: 207-967-9900 Listed on: 02/12/2018

Last Buyer's Agent

Bonnie Dridi

Prudential Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1802

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,652 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Satellite Dish

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number KENB-000048-000000-000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1802

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From turnpike exit, home will be on left heading to town. In between Lyons Insurance and Gendron Lane.
  • Above Grade Finished Sq Ft: 3652.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1802
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3652.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Satellite Dish: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: KENB-000048-000000-000010
  • Zoning: Comm

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Book Number: 14825
  • Tax Lot: 10
  • Tax Map Number: 48
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Aug 27, 2018
Sold by
Tilton Terrie
Bought by
Bebris Rosemary C and Kinny John A
Seller's Agent
Keri Walker
Pack Maynard and Associates
Buyer's Agent
Bonnie Dridi
Prudential Verani Realty
List Price
$364,900
Sold Price
$325,000
Premium/Discount to List
-$39,900
-10.93%
Current Estimated Value
$702,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,576
Avg. Annual Appreciation
11.47%
Original Mortgage
$260,000
Outstanding Balance
$226,268
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$476,308

Purchase Details

Closed on
May 3, 2006
Sold by
Santarpio Scott R and Santarpio Camille M
Bought by
Tilton Terrie
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
Bebris Rosemary C -- --
Tilton Terrie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bebris Rosemary C $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $325,000 -10.9% $89 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $364,900 -- $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
2024 $6,170 $364,000 $80,000 $284,000
2023 $5,842 $364,000 $80,000 $284,000
2022 $5,314 $364,000 $80,000 $284,000
2021 $5,187 $364,000 $80,000 $284,000
2020 $5,151 $364,000 $80,000 $284,000
2019 $5,005 $364,000 $80,000 $284,000
2018 $4,778 $273,000 $60,000 $213,000
2017 $4,518 $273,000 $60,000 $213,000
2016 $4,341 $273,000 $60,000 $213,000
2015 $4,177 $273,000 $60,000 $213,000
2014 $4,068 $273,000 $60,000 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1338387

Maine Listings

APN: KENB-000048-000000-000010