NOT LISTED FOR SALE

162 Main St Freeport, ME 04032

Estimated Value: $19,224,064

2 Beds
-- Bath
1,000 Sq Ft
$19,224/Sq Ft Est. Value

About This Home

Townhouses
Our nine two- and three-bedroom townhouses are located toward the back of our property, along a beautiful tree lined path right in the heart of Freeport Village. These are perfect short or long-term stays. 1.INFLATION-PROOF HOUSING: Secure your monthly rate and utilities with our inflation-proof housing! Save with our unique $400 Utility and furniture Bundle, which includes electricity, gas, water, heat, hot water, A/C, trash removal, standard furniture, cable with 70+ channels, high-speed Wi-Fi, and phone service. This bundle is valued at over $800, but we offer it for just $400.
2.Flexible Occupancy Terms: Whether you need to stay a month, or a year, we offer unmatched value with our flexible terms. The longer you stay, the more you save! Contact us to learn more about our best long-term rates and unparalleled flexibility.
3.Fully Furnished and Equipped Units: Our brand-new units come furnished and equipped Professionally designed furniture and premium hotel linens make your unit move-in ready, with no need for movers or new furniture.
4.Unbeatable Value: Save hundreds with our utility bundle and enjoy rates that are hundreds below the competition, saving you over $1,000 per month. What could you do with an extra $12,000 a year? The possibilities are endless!
5.Immediate Move-In: Need to move in right away? As a hotel, we can accommodate same-day needs. Just bring your suitcase, and we’ll handle the rest. We also offer short-notice extensions to adapt to sudden life changes.
6.Full-Service Front Desk/Concierge: Our full-service concierge is available during regular business hours seven days a week, providing package acceptance, printing, faxing, and food and entertainment recommendations.
7.Hotel Cleanliness Standards: Our professional, uniformed maintenance and cleaning staff ensure the entire property remains spotless. Enjoy a clean and inviting environment, free from the usual apartment building clutter.
8.Maid Service/Housekeeping: Busy professionals can take advantage of our low-cost full housekeeping services, including cleaning, sanitization, and linen swap at your desired frequency. Extra fees may apply
9.Accommodation for Family and Friends: With additional hotel rooms on-site, you can easily book a place for visiting family and friends. Enjoy a family and friends discount and plentiful off-street parking for your guests.
10.Social Atmosphere: Connect with others in our vibrant community. Enjoy amenities such as our brand-new lobby with individual work pods, a fitness center with a Peloton, and a furnished BBQ patio.
11.Additional Hotel Amenities: Visit our on-site sundry shop for essentials, or take advantage of our property facilities. Inquire for more information

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
426 Southbridge St Llc and Giri Harraseeke Prop Llc
Bought by
426 Southbridge St Llc and Giri Harraseeket Prop Llc
Current Estimated Value
$19,224,064

Purchase Details

Closed on
Sep 6, 2023
Sold by
Giri Harraseeket Prop Llc
Bought by
426 Southbridge St Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
426 Southbridge St Llc -- None Available
426 Southbridge St Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 426 Southbridge St Llc $16,000,000
Previous Owner Harraseeket Inn Inc $4,000,000
Previous Owner Harraseeket Inn Inc $80,000
Previous Owner Harraseeket Inn Inc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Off Market $4,400 -- --
04/01/2025 04/01/25 For Rent $4,400 0.0% --
04/01/2025 04/01/25 Price Changed $4,400 +10.0% $4 / Sq Ft
01/02/2025 01/02/25 For Rent $4,000 0.0% --
12/16/2024 12/16/24 Off Market $4,000 -- --
11/12/2024 11/12/24 For Rent $4,000 0.0% --
11/12/2024 11/12/24 Price Changed $4,000 +21.2% $4 / Sq Ft
11/11/2024 11/11/24 Off Market $3,300 -- --
10/30/2024 10/30/24 Price Changed $3,300 -17.5% $3 / Sq Ft
09/27/2024 09/27/24 For Rent $4,000 -- --

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 $120,405 $9,019,100 $1,810,600 $7,208,500
2023 $123,995 $9,017,800 $1,808,100 $7,209,700
2022 $114,070 $8,356,800 $1,874,800 $6,482,000
2021 $111,578 $8,357,900 $1,874,800 $6,483,100
2020 $107,468 $7,676,300 $1,736,000 $5,940,300
2019 $121,526 $8,498,300 $1,925,800 $6,572,500
2018 $122,727 $8,154,600 $1,924,400 $6,230,200
2017 $112,497 $7,524,900 $2,199,800 $5,325,100
2016 $109,977 $6,960,600 $2,036,900 $4,923,700
2015 $110,253 $6,562,700 $1,851,800 $4,710,900
2014 $103,691 $6,562,700 $1,851,800 $4,710,900
2013 $101,188 $6,384,100 $1,857,800 $4,526,300
Source: Public Records

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