NOT LISTED FOR SALE

Estimated Value: $435,049 - $504,000

1 Bed
1 Bath
1,004 Sq Ft
$460/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $350,000 $349 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,956/month

16 Days on Market

Highlights

  • Beach Access
  • Open Floorplan
  • Ranch Style House
  • Westbrook Middle School Rated A-
  • Property is near public transit
  • Attic

About This Home

As of November 2021

Who wants to live at the beach? A wonderful opportunity to put your own stamp on this "fixer-upper" with rights to private "Old Salt Works Beach Assoc.", a secluded beach surrounded by more expensive homes. This cute ranch house has been vacant for several years and needs a new owner to renovate it. The prior occupant turned 2 bedrooms into 1, but it can easily be converted back to 2. The lot is generous, .36 acres with room to expand, either up, or out. Plenty of yard for shade and privacy after a day at the beach. A hidden stone patio with a garden area and a shed complete the property. The driveway is long with plenty of room for several vehicles while still allowing yard space for recreation. Don't miss this chance to purchase a home at the beach.

Last Listed By

Libby Waldron

Coldwell Banker Realty License #RES.0795639 Listed on: 09/21/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1950

Lot Details

  • 0.36 Acre Lot
  • Stone Wall
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Garden
  • Property is zoned HDR

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,004 Sq Ft Home
  • Open Floorplan
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry on main level

Attic

  • Storage In Attic
  • Attic or Crawl Hatchway Insulated

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Patio
  • Shed
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Daisy Ingraham Elementary School
  • Westbrook High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Private Company Owned Well
  • Electric Water Heater

Community Details

  • Association fees include lake/beach access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,866

Year Built

Built in 1950

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Neighborhood: Salt Works
  • Property Type: Single Family For Sale
  • Style: Ranch
  • Sq Ft Est Heated Above Grade: 1004
  • Public Record Living Room Sq Ft: 1004
  • Total Sq Ft: 1004
  • Year Built: 1950
  • Nearby Amenities: Basketball Court, Commuter Bus, Library, Medical Facilities, Public Rec Facilities, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Property is part of an estate and is being sold "as-is", inspections would be for informational purposes only.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Special Assessment Details: Beach Assoc. is optional
  • Public Record Gross Sq Ft: 2060
  • Directions: Boston Post Rd. in Westbrook to Old Salt Works Rd. House is on the left, set back from rd. Yellow ranch
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Room Count: 3
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Attic Description: Crawl Space, Storage Space
  • Interior Amenities: Open Floor Plan
  • Additional Rooms: Mud Room
  • Laundry Room Info: Main Level
  • Attic: Yes
  • Street Number Modifier: 168

Exterior Features

  • Exterior Features: Garden Area, Gutters, Patio, Porch, Shed, Stone Wall
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Slab
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Access, Association Optional, Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Block

Garage/Parking

  • Garage Parking Info: Unpaved, Off Street Parking
  • Driveway Type: Private, Gravel

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric
  • Water Source: Private Well
  • Sewer: Septic

Condo/Co-op/Association

  • Association Fee Includes: Lake/Beach Access
  • HOA Fees: 45
  • HOA Fee Frequency: Annually
  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Daisy Ingraham
  • High School: Westbrook

Green Features

  • Energy Features: Storm Doors

Lot Info

  • Acres: 0.3600
  • Lot Description: Open Lot, Dry, Cleared, Level Lot, Fence - Partial
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: HDR

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4866
  • Total Assessed Value: 194630
  • Mil Rate Base: 25.000
  • Mil Rate Total: 25.000
  • Assessor Parcel Number: 1040229

MLS Schools

  • Elementary School: Daisy Ingraham
  • High School: Westbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 5, 2021
Sold by
Nancy K Lagasse Irt
Bought by
Dichell Michael A
Seller's Agent
Libby Waldron
Coldwell Banker Realty
Buyer's Agent
Elaine Beame
Beame Realty, LLC
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Total Days on Market
16
Current Estimated Value
$462,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,262
Avg. Annual Appreciation
6.52%

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
Dichell Michael A $350,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $350,000 -6.7% $349 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/07/2021 10/07/21 Price Changed $375,000 -5.1% $374 / Sq Ft
09/24/2021 09/24/21 For Sale $395,000 -- $393 / Sq Ft
Source: SmartMLS

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 $4,673 $215,330 $158,130 $57,200
2023 $4,591 $215,330 $158,130 $57,200
2022 $4,470 $215,330 $158,130 $57,200
2021 $4,866 $194,630 $131,800 $62,830
2020 $4,866 $194,630 $131,800 $62,830
2019 $4,802 $194,630 $131,800 $62,830
2018 $4,743 $194,630 $131,800 $62,830
2017 $4,743 $194,630 $131,800 $62,830
2016 $5,021 $216,970 $152,300 $64,670
2015 $4,884 $216,970 $152,300 $64,670
2014 $4,728 $216,970 $152,300 $64,670
Source: Public Records

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Source: SmartMLS

MLS Number: 170439430

SmartMLS

APN: WBRO-000192-000000-000012