NOT LISTED FOR SALE

15 Mill St Kennebunk, ME 04043

Estimated Value: $441,000 - $547,000

4 Beds
3.5 Baths
2,563 Sq Ft
$198/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $430,000 $168 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,135/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Shed
  • Kennebunk High School Rated 9+
  • Walk-In Closet
  • 1-Story Property

About This Home

As of October 2021

Want a great 2 unit in West Kennebunk? Here it is, and it's ready for you to move in. This property is a great investment property or works as an owner occupy. This location is everything, walk to restaurants, Kennebunk Junior High School, the West Kennebunk Park, and is 3 minutes to I-95. Very close to downtown and 15 minutes to the Beach or Dock Square. The front unit has its own parking, a full bath, private side yard, and two bedrooms upstairs. The back unit offers 3 bedrooms, 2 full baths, 1 half bath, laundry on the first floor, and it's own parking.The bigger unit has the primary with a full bath, walk-in closet, and the laundry all on the first floor. There are multiple sheds and tons of space in the basement for storage.This property already has great tenants in the front unit.

Last Agent to Sell the Property

Erinn Stearns

207 Prime Properties, LLC Listed on: 09/22/2021

Last Buyer's Agent

Barbara Patterson

CENTURY 21 Barbara Patterson

CENTURY 21 Barbara Patterson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1820

Lot Details

  • 0.46 Acre Lot
  • Level Lot

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,563 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Shower Only

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number KENB-000018-000000-000004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • West Kennebunk Subdivision

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: West Kennebunk
  • Directions: GPS accurate
  • Above Grade Finished Sq Ft: 2563.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1820
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2563.0
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 19200.0
  • Foundation Materials:Block3: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath, One-Floor Living, Shower, Walk-In Closet(s)
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: KENB-000018-000000-000004
  • Zoning: WKVR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0

Tax Info

  • Tax Annual Amount: 4429.0
  • Tax Book Number: 18083
  • Tax Lot: 004
  • Tax Map Number: 18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 29, 2021
Sold by
Padget Adam
Bought by
Mumford Samuel S and Lumino Danielle M
Seller's Agent
Erinn Stearns
207 Prime Properties, LLC
Buyer's Agent
Barbara Patterson
CENTURY 21 Barbara Patterson
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$507,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,925
Avg. Annual Appreciation
4.33%
Original Mortgage
$362,000
Outstanding Balance
$330,826
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$177,099

Purchase Details

Listed on
Sep 2, 2019
Closed on
Oct 25, 2019
Sold by
Ricker Virginia L and Horne Donna M
Bought by
Padget Adam
Seller's Agent
Brian Samia
Century 21 North East
Buyer's Agent
Erinn Stearns
207 Prime Properties, LLC
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.64%
Original Mortgage
$299,475
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2007
Sold by
Horne Edith M
Bought by
Horne Kenneth W and Ricker Virginia Lynne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mumford Samuel S -- Misc Company
Padget Adam -- --
Horne Kenneth W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mumford Samuel S $362,000
Previous Owner Padget Adam $299,475
Previous Owner Horne Kenneth W $70,000
Previous Owner Horne Kenneth W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $430,000 +1.2% $168 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $425,000 +39.3% $166 / Sq Ft
10/25/2019 10/25/19 Sold $305,000 +1.7% $119 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $299,900 -- $117 / 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 $5,305 $313,000 $56,300 $256,700
2023 $5,024 $313,000 $56,300 $256,700
2022 $4,570 $313,000 $56,300 $256,700
2021 $4,460 $313,000 $56,300 $256,700
2020 $4,429 $313,000 $56,300 $256,700
2019 $4,304 $313,000 $56,300 $256,700
2018 $4,107 $234,700 $42,200 $192,500
2017 $3,884 $234,700 $42,200 $192,500
2016 $3,732 $234,700 $42,200 $192,500
2015 $3,446 $234,700 $42,200 $192,500
2014 $3,355 $234,700 $42,200 $192,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1509740

Maine Listings

APN: KENB-000018-000000-000004