Seller's Agent in 2021
Steve Levine
American Real Estate
(207) 671-4697
14 in this area
79 Total Sales
150 Bridge St Westbrook, ME 04092
Estimated Value: $1,248,174
3
Beds
5
Baths
5,108
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- 0.75 Acre Lot
- Attic
- 5 Car Detached Garage
- Main Floor Bedroom
- No HOA
- Tile Flooring
About This Home
As of December 2021WESTBROOK 6 UNIT + BUILDABLE LOT OR 7TH UNIT AND 3 STORAGE GARAGES AND COIN OP LAUNDRY. VERY STRONG MONTHLY CASH FLOW. SOME UNITS BELOW MARKET VALUE. APPROX $10,000 PER MONTH WITH ROOM TO INCREASE. This Property is a Trust. Per Code Officer-5 units in the main house. There are 2 4bdrm units also 2 2Bdrm Units and 1 Bdrm. There is a Detail Shop in the garage which is an additional unit and it just had a $30k + renovation. Also 3 garages out back of the property that are sometimes rented out and coin op laundry. There is an option to add an additional unit per code officer OR a buildable lot of the back of the property. The property has frontage on 2 streets with a large open parking lot out back. Almost all units have been renovated. This property is in terrific condition! Lot size is .75 acres with frontage on Bridge St and Chestnut St.
All Buyers must be pre approved with proof of funds from a bank or lender before showings.
Buyers must show proof of pre qualifying before a showing. By appointment only. Walking Distance to Downtown! Showings will start Oct 14 Thurs Fri 12-5 Sat 10-12 Sun 10-12. All Offers Due Sunday Oct 17 at 5pm.
Last Buyer's Agent
Steve Levine
Century 21 First Choice Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,899
Year Built
- Built in 1900
Lot Details
- 0.75 Acre Lot
- Open Lot
- Lot Has A Rolling Slope
Parking
- 5 Car Detached Garage
- Driveway
Home Design
- Brick Foundation
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,108 Sq Ft Home
- Multi-Level Property
- Attic
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 5 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Exterior Basement Entry
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 69
- Assessor Parcel Number WSBR-000038-000000-000069
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $51,191
- Gross Income $120,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2021
Closed on
Dec 30, 2021
Sold by
Lcg T
Bought by
River Dog Properties Llc
Seller's Agent
Steve Levine
American Real Estate
Buyer's Agent
Steve Levine
Century 21 First Choice Realty
List Price
$925,000
Sold Price
$1,026,000
Premium/Discount to List
$101,000
10.92%
Total Days on Market
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,174
Avg. Annual Appreciation
7.04%
Original Mortgage
$812,000
Outstanding Balance
$760,476
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$537,778
Purchase Details
Closed on
May 25, 2021
Sold by
Giguere Linda C
Bought by
Lcg T
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| River Dog Properties Llc | -- | None Available | |
| Lcg T | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | River Dog Properties Llc | $812,000 | |
| Previous Owner | Giuere Linda | $265,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2021 12/30/21 | Sold | $1,026,000 | +10.9% | $201 / Sq Ft |
| 10/19/2021 10/19/21 | Pending | -- | -- | -- |
| 09/18/2021 09/18/21 | For Sale | $925,000 | -- | $181 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,740 | $464,000 | $119,700 | $344,300 |
| 2022 | $6,997 | $386,600 | $99,700 | $286,900 |
| 2021 | $7,271 | $407,800 | $120,900 | $286,900 |
| 2020 | $6,899 | $386,300 | $120,900 | $265,400 |
| 2019 | $6,899 | $386,300 | $120,900 | $265,400 |
| 2018 | $6,438 | $331,600 | $103,400 | $228,200 |
| 2017 | $6,261 | $331,600 | $103,400 | $228,200 |
| 2016 | $6,101 | $331,600 | $103,400 | $228,200 |
| 2015 | $5,956 | $331,600 | $103,400 | $228,200 |
| 2014 | $5,704 | $331,600 | $103,400 | $228,200 |
| 2013 | $5,704 | $331,600 | $103,400 | $228,200 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Levine
-
S
Buyer's Agent in 2021
Stephen Levine
Century 21 North East
Map
Source: Maine Listings
MLS Number: 1509361
APN: WSBR-000038-000000-000069
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