NOT LISTED FOR SALE

159 Brook St Sanford, ME 04073

Estimated Value: $423,026 - $472,000

6 Beds
3 Baths
3,340 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $318,113 $95 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,866/month

28 Days on Market

Highlights

  • 0.48 Acre Lot
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Wood Flooring
  • No HOA
  • Double Pane Windows

About This Home

As of October 2021

Don't miss this amazing investment opportunity. Fully rented three Unit with a 4 BR, 3 BR and 2 BR unit. Fully rented, with a 2 car detached garage, lots of storage, fenced in private backyard. The kitchen & bathrooms have all been remodeled and updated. Great opportunity to live free and have the tenants pay your mortgage. All the recent updates are listed in the disclosure, 24 notice required. Won't last long.

Last Agent to Sell the Property

Gesine Weller-Jett

4 Maine Realty Listed on: 07/22/2021

Last Buyer's Agent

Gerald Morin

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,038

Year Built

  • Built in 1900

Lot Details

  • 0.48 Acre Lot
  • Fenced
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,340 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Storm Doors
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Unfinished Basement

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

Outdoor Features

  • Shed
  • Outbuilding

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number SANF-000018-I000027

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $11,598
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,038

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From River St, turn onto Brook St, property will be on your left, sign on lawn
  • Above Grade Finished Sq Ft: 3340.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 101.59
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3340.0
  • Property Information:Garage: Yes
  • 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 System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 41400.0
  • Income Expenses Operating Expenses: 11598.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Tank: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 4
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: Don't miss this amazing investment opportunity. Fully rented three Unit with a 4 BR, 3 BR and 2 BR unit. Fully rented, with a 2 car detached garage, lots of storage, fenced in private backyard. The kitchen & bathrooms have all been remodeled and updated. Great opportunity to live free and have the tenants pay your mortgage. All the recent updates are listed in the disclosure, 24 notice required. Won't last long.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Pantry, Shower, Storage
  • Stories: 4
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Exterior Features: Animal Containment System
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, 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: 20908.8
  • Parcel #: SANF-000018-I000027
  • Zoning: SFR

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 41400.0
  • Annual Operating Expense: 11598.0

Tax Info

  • Tax Annual Amount: 4038.0
  • Tax Lot: 18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Oct 28, 2021
Sold by
Huot Thomas L
Bought by
Chivinda Tiago
Seller's Agent
Gesine Weller-Jett
4 Maine Realty
Buyer's Agent
Gerald Morin
Keller Williams Realty
List Price
$358,700
Sold Price
$318,113
Premium/Discount to List
-$40,587
-11.32%
Current Estimated Value
$451,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,144
Avg. Annual Appreciation
8.95%
Original Mortgage
$312,351
Outstanding Balance
$284,216
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$167,041

Purchase Details

Listed on
Sep 13, 2016
Closed on
Apr 19, 2017
Sold by
Ditech Financial Llc
Bought by
Mtglq Investors Lp
Seller's Agent
Rebecca Lafond
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Gesine Weller-Jett
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$89,900
Sold Price
$79,900
Premium/Discount to List
-$10,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.03%

Purchase Details

Closed on
Jul 20, 2016
Sold by
Watson Cynthia
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chivinda Tiago -- None Available
Mtglq Investors Lp -- --
Ditech Financial Llc -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chivinda Tiago $312,351
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2021 10/28/21 Sold $318,113 -11.3% $95 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $358,700 +348.9% $107 / Sq Ft
05/02/2017 05/02/17 Sold $79,900 -11.1% $22 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
09/13/2016 09/13/16 For Sale $89,900 -- $24 / 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
2025 $5,876 $343,600 $44,300 $299,300
2024 $5,546 $343,600 $44,300 $299,300
2023 $5,163 $341,000 $44,300 $296,700
2022 $5,047 $341,000 $44,300 $296,700
2021 $4,049 $222,700 $44,300 $178,400
2020 $4,038 $200,300 $44,300 $156,000
2019 $3,935 $190,100 $44,300 $145,800
2018 $3,150 $190,100 $44,300 $145,800
2017 $4,424 $213,300 $44,300 $169,000
2016 $3,404 $149,700 $44,300 $105,400
2015 $3,150 $152,900 $47,700 $105,200
2014 $3,090 $152,900 $47,700 $105,200
2013 -- $152,900 $47,700 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1501943

Maine Listings

APN: SANF-000018-I000027