NOT LISTED FOR SALE

15 King St Westbrook, ME 04092

Estimated Value: $510,854 - $591,000

4 Beds
2 Baths
2,306 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $191,000 $83 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,336/month

130 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Double Pane Windows
  • Deck
  • Porch
  • Bathtub

About This Home

As of January 2017

2 unit with good rental history and numbers, 3rd unit expansion possibility. Each unit features 3 bedrooms, eat-in kitchen, washer/dryer hook ups, and private deck with views of the Presumpscot River. Separate utilities and plenty of off street parking. 3rd floor is unfinished but could be converted to a 3rd unit. Easy care vinyl siding and vinyl replacement windows. Recent updates include newer roof and new furnace. Gas hot water heaters. Would make a nice owner occupied or condo conversion.

Last Agent to Sell the Property

Craig Miller

Keller Williams Realty Listed on: 07/22/2016

Last Buyer's Agent

Ashley Kent

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 1875

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,306 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater
  • Water Heater Leased
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 219
  • Assessor Parcel Number WSBR-000033-000000-000219

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,140
  • Gross Income $22,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,456

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • MLS Status: Closed
  • Directions: Cumberland St to Brown St, Left onto King. End of street on Left.
  • Above Grade Finished Sq Ft: 2306.0
  • Architectural Style: Duplex, Colonial, Multi-Level
  • Efficiency: Double Pane Windows, Ceiling Fans
  • Building Stories: 3
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2306.0
  • 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 22020.0
  • Income Expenses Operating Expenses: 3140.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub
  • Stories: 3
  • Appliances:Water Heater Rented: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Gravel/Pad, Brick/Mortar
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Fiberglass, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • 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: 4791.6
  • Parcel #: WSBR-000033-000000-000219
  • Zoning: CZ4

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22020.0
  • Annual Operating Expense: 3140.0

Tax Info

  • Tax Annual Amount: 3456.0
  • Tax Book Number: 21252
  • Tax Lot: 219
  • Tax Map Number: 32
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jan 25, 2017
Sold by
Violette Mark A
Bought by
Reynolds Joseph P
Seller's Agent
Craig Miller
Keller Williams Realty
Buyer's Agent
Ashley Kent
Landing Real Estate
List Price
$210,000
Sold Price
$191,000
Premium/Discount to List
-$19,000
-9.05%
Current Estimated Value
$550,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,214
Avg. Annual Appreciation
12.95%
Original Mortgage
$187,540
Interest Rate
4.16%
Mortgage Type
FHA
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
Reynolds Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Reynolds Joseph P $187,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $191,000 -9.0% $83 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $210,000 -- $91 / 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
2023 $5,014 $300,600 $79,100 $221,500
2022 $4,543 $251,000 $65,900 $185,100
2021 $4,475 $251,000 $65,900 $185,100
2020 $4,483 $251,000 $65,900 $185,100
2019 $4,483 $251,000 $65,900 $185,100
2018 $3,844 $192,700 $57,300 $135,400
2017 $3,633 $192,400 $57,300 $135,100
2016 $3,540 $192,400 $57,300 $135,100
2015 $3,456 $192,400 $57,300 $135,100
2014 $3,309 $192,400 $57,300 $135,100
2013 $3,309 $192,400 $57,300 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1275449

Maine Listings

APN: WSBR-000033-000000-000219