NOT LISTED FOR SALE

Estimated Value: $737,000 - $807,000

4 Beds
3 Baths
2,244 Sq Ft
$345/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $660,000 $294 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,700/month

71 Days on Market

Highlights

  • Ocean Front
  • Property is near public transit
  • New Englander Architecture
  • Nearby Water Access
  • Wood Flooring
  • 3-minute walk to Bug Light Park

About This Home

As of January 2023

This well maintained 3 unit is located steps from Spring Point Marina, Souther Maine Community College and Willard Beach.
These units are bright and sunny., Separate utilities, parking, and laundry for each unit.
Great income property or opportunity for owner occupancy.
This is a great place to live. Walking distance to many shops and restaurants. The Greenbelt trail is right around the corner. No need for a car, bike, walk or take the bus.

Last Agent to Sell the Property

Erin Grady

Bostwick and Company, Inc. Listed on: 10/08/2022

Last Buyer's Agent

Katie Brooke

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,244 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 075
  • Assessor Parcel Number SPOR-000005-000000-000075

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,750
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: East on Broadway towards SMCC. At end of Broadway turn right, house is on the left corner.
  • Above Grade Finished Sq Ft: 2244.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2244.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: 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
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 61200.0
  • Income Expenses Operating Expenses: 8750.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Transportation:Deep Water Access: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Sidewalks, Near Town, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • 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 #: SPOR-000005-000000-000075
  • Zoning: SP

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 61200.0
  • Annual Operating Expense: 8750.0

Tax Info

  • Tax Annual Amount: 5577.0
  • Tax Book Number: 35941
  • Tax Lot: 075
  • Tax Map Number: 005
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Jan 31, 2023
Sold by
Camarata Andrew L and Camarata Danielle N
Bought by
Corbeau Joseph S
Seller's Agent
Erin Grady
Bostwick and Company, Inc.
Buyer's Agent
Katie Brooke
Vitalius Real Estate Group, LLC
List Price
$775,000
Sold Price
$660,000
Premium/Discount to List
-$115,000
-14.84%
Total Days on Market
71
Current Estimated Value
$774,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,163
Avg. Annual Appreciation
7.09%
Original Mortgage
$528,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 17, 2019
Closed on
Aug 30, 2019
Sold by
Christian C Foster Lt
Bought by
Camarata Andrew L and Camarata Danielle N
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Paul Vose
Charter Properties
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$393,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2015
Sold by
Foster Christian C
Bought by
Christian C Foster Lt
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
Corbeau Joseph S $660,000 None Available
Camarata Andrew L -- --
Christian C Foster Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbeau Joseph S $77,800
Open Corbeau Joseph $583,500
Closed Corbeau Joseph S $528,000
Previous Owner Camarata Andrew L $196,000
Previous Owner Camarta Andrew L $400,000
Previous Owner Camarata Andrew L $393,750
Previous Owner Foster Christian C $8,899
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $660,000 -5.7% $294 / Sq Ft
11/08/2022 11/08/22 Price Changed $699,900 -6.7% $312 / Sq Ft
10/27/2022 10/27/22 Price Changed $749,900 -3.2% $334 / Sq Ft
10/08/2022 10/08/22 For Sale $775,000 +47.6% $345 / Sq Ft
08/30/2019 08/30/19 Sold $525,000 0.0% $222 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $525,000 -- $222 / 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 $7,092 $537,300 $132,400 $404,900
2023 $6,456 $456,600 $101,300 $355,300
2022 $6,227 $400,200 $81,100 $319,100
2021 $5,577 $379,400 $81,100 $298,300
2020 $5,015 $253,900 $67,000 $186,900
2019 $4,746 $253,900 $67,000 $186,900
2018 $4,613 $254,500 $67,000 $187,500
2017 $4,581 $254,500 $67,000 $187,500
2016 $4,505 $254,500 $67,000 $187,500
2015 $4,428 $254,500 $67,000 $187,500
2014 $4,352 $254,500 $67,000 $187,500
2013 -- $254,500 $67,000 $187,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1545391

Maine Listings

APN: SPOR-000005-000000-000075