NOT LISTED FOR SALE

Estimated Value: $430,000 - $476,000

2 Beds
4 Baths
2,016 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $315,000 $156 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,781/month

2 Days on Market

Highlights

  • Garrison Architecture
  • No HOA
  • Level Lot
  • Wood Flooring
  • Baseboard Heating
  • Wood Siding

About This Home

As of June 2021

INVESTMENT OPPORTUNITY! This clean duplex is located in the small town of Waterboro. However don't let small town scare you, it is 15 minutes to Arundel, Kennebunk and about 35 minutes to Portland. Close to all kinds of amenities such as shopping, convenience store, local schools and Lake Arrowhead. This duplex has 2 bedrooms on the second floor of each unit, along with full bath on second floor, half bath on the first floor and galley style kitchen. Newer roof in the last 3 years, new concrete patio in the back yard, well maintained driveways and so much more. You won't want to miss out on this great property to add to your portfolio.

Last Agent to Sell the Property

Lauren Kelley

Bean Group Listed on: 04/23/2021

Last Buyer's Agent

Rindy Stark

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1989

Lot Details

  • 1.75 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Home Design

  • 2,016 Sq Ft Home
  • Garrison Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • City Lot

Listing and Financial Details

  • Tax Lot 011b
  • Assessor Parcel Number WTBR-000020-000000-000011B

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $270
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.75
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS FREINDLY!
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Garrison
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.75
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 21000.0
  • Income Expenses Operating Expenses: 270.0
  • Exterior:Wood Siding: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Style:Garrison: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 76230.0
  • Parcel #: WTBR-000020-000000-000011B
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21000.0
  • Annual Operating Expense: 270.0

Tax Info

  • Tax Annual Amount: 3461.0
  • Tax Book Number: 18098
  • Tax Lot: 011b
  • Tax Map Number: 020
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 9, 2021
Sold by
Nedeau Jason L and Nedeau Emily J
Bought by
Dcf Properties Llc
Seller's Agent
Lauren Kelley
Bean Group
Buyer's Agent
Rindy Stark
Century 21 North East
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Current Estimated Value
$453,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,488
Avg. Annual Appreciation
8.70%
Original Mortgage
$236,250
Outstanding Balance
$213,895
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,593

Purchase Details

Closed on
Jul 16, 2015
Sold by
Nelson Mary L
Bought by
Nedeau Jason L and Nedeau Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2007
Sold by
Nelson Mary L
Bought by
Nelson Mary L
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
Dcf Properties Llc -- None Available
Nedeau Jason L -- --
Nelson Mary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dcf Properties Llc $236,250
Previous Owner Nedeau Jason L $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $315,000 -3.1% $156 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $325,000 -- $161 / 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 $4,606 $416,800 $72,600 $344,200
2023 $4,138 $313,500 $59,100 $254,400
2022 $3,898 $278,400 $52,700 $225,700
2021 $3,784 $251,400 $47,900 $203,500
2020 $3,523 $228,900 $43,900 $185,000
2019 $3,461 $224,900 $39,900 $185,000
2018 $3,685 $224,900 $39,900 $185,000
2017 $3,472 $224,900 $39,900 $185,000
2016 $3,427 $224,900 $39,900 $185,000
2015 $3,239 $232,200 $47,200 $185,000
2014 $3,275 $234,100 $49,100 $185,000
2013 $3,193 $234,100 $49,100 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488855

Maine Listings

APN: WTBR-000020-000000-000011B