NOT LISTED FOR SALE

136 Forest St Westbrook, ME 04092

Estimated Value: $580,320 - $722,000

5 Beds
3 Baths
2,784 Sq Ft
$234/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2022

Last sale price $525,000 $189 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,125 / mo

97 Days on Market

Highlights

  • Scenic Views
  • Wood Flooring
  • No HOA
  • Property is near public transit and shops
  • New Englander Architecture
  • Porch

About This Home

As of October 2022

BACK 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!

Last Agent to Sell the Property

Karilynne Mi Scott Miele

Maine Real Estate Experts Listed on: 08/02/2022

Last Buyer's Agent

Angel Nichols

Bean Group

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,978

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Property fronts a freeway

Parking

  • 2 Car Garage

Home Design

  • New Englander Architecture
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,784 Sq Ft Home
  • 2-Story Property
  • Scenic Vista Views

Flooring

  • Wood
  • Carpet

Utilities

  • No Cooling
  • Forced Air Heating System
  • Hot Water Heating System

Additional Features

  • Porch
  • Property is near public transit and shops

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number WSBR-000035-000000-000010

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $18,423
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,978

Year Built

Built in 1910

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2784.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1910
  • Contract Information:List PriceSqFt: 188.58
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Wood

Exterior Features

  • Lot Features: Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Water
  • 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: 8712.0
  • Parcel #: WSBR-000035-000000-000010
  • Zoning: RGA1/11

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 18423.0

Tax Info

  • Tax Annual Amount: 4978.0
  • Tax Lot: 010
  • Tax Year: 2022

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 and Barr
Bought by
Dandrea Michael and Dandrea Laura M
Seller's Agent
Karilynne Mi Scott Miele
Maine Real Estate Experts
Buyer's Agent
Angel Nichols
Bean Group
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$651,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,330
Avg. Annual Appreciation
6.17%
Original Mortgage
$393,750
Outstanding Balance
$376,564
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,766
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Dandrea Michael -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Dandrea Michael $393,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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

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Map

Source: Maine Listings

MLS Number: 1527236

Maine Listings

APN: WSBR-000035-000000-000010

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