K
Seller's Agent in 2022
Karilynn Mie Scott Miele
King + Miller Real Estate
(207) 383-0240
1 in this area
3 Total Sales
136 Forest St Westbrook, ME 04092
Cumberland Mills NeighborhoodEstimated Value: $579,988 - $650,000
5
Beds
3
Baths
2,784
Sq Ft
$226/Sq Ft
Est. Value
Highlights
- Scenic Views
- Wood Flooring
- Main Floor Bedroom
- Property is near public transit
- New Englander Architecture
- Attic
About This Home
As of October 2022BACK ON THE MARKET! This 3-unit multi-family property sits beautifully on a corner lot in the heart of Westbrook. If you intend to owner occupy, the other two units can pay a large part of your mortgage. Or purchase as an investment and get income from all three units! Units rent for below current market rates. A great opportunity for a multi-unit in Westbrook!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,978
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Off-Street Parking
Home Design
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- Scenic Vista Views
- Unfinished Basement
- Exterior Basement Entry
- Laundry on main level
- Attic
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
Outdoor Features
- Porch
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
Listing and Financial Details
- Tax Lot 010
- Assessor Parcel Number WSBR-000035-000000-000010
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $18,423
- Gross Income $36,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 2, 2022
Closed on
Oct 5, 2022
Sold by
Barr Thomas J Est
Bought by
Dandrea Michael and Dandrea Laura M
Seller's Agent
Karilynn Mie Scott Miele
King + Miller Real Estate
Buyer's Agent
Angel Nichols
Bean Group
List Price
$525,000
Sold Price
$525,000
Total Days on Market
97
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,997
Avg. Annual Appreciation
7.04%
Original Mortgage
$393,750
Outstanding Balance
$381,018
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,651
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dandrea Michael | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dandrea Michael | $393,750 | |
| Previous Owner | Stiles Cynthia L | $91,575 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $525,000 | 0.0% | $189 / Sq Ft |
| 08/12/2022 08/12/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $525,000 | -- | $189 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,133 | $367,700 | $83,100 | $284,600 |
| 2022 | $5,506 | $304,200 | $69,300 | $234,900 |
| 2021 | $5,424 | $304,200 | $69,300 | $234,900 |
| 2020 | $5,433 | $304,200 | $69,300 | $234,900 |
| 2019 | $5,433 | $304,200 | $69,300 | $234,900 |
| 2018 | $4,349 | $244,000 | $60,200 | $183,800 |
| 2017 | $4,607 | $244,000 | $60,200 | $183,800 |
| 2016 | $4,490 | $244,000 | $60,200 | $183,800 |
| 2015 | $4,382 | $244,000 | $60,200 | $183,800 |
| 2014 | $4,197 | $244,000 | $60,200 | $183,800 |
| 2013 | $4,197 | $244,000 | $60,200 | $183,800 |
Source: Public Records
Agents Affiliated with this Home
-
Karilynn Mie Scott Miele
-
A
Buyer's Agent in 2022
Angel Nichols
Bean Group
(207) 798-2904
2 in this area
73 Total Sales
Map
Source: Maine Listings
MLS Number: 1527236
APN: WSBR-000035-000000-000010
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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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