Adam Hedio
Coldwell Banker Realty
(207) 977-2927
170 Total Sales
1 in Berwick
$350,000 Price
18 First St Berwick, ME 03901
Berwick Area
--
Beds
4
Baths
2,380
Sq Ft
0.25
Acre Lot
Highlights
- Cape Cod Architecture
- Baseboard Heating
- Carpet
- No HOA
- Level Lot
About This Home
As of July 2022Excellent for investors or owner occupied! This well maintained 4 unit features two 1-bedroom units and two 2-bedroom units. Each unit pays their own heat, hot water, and electricity. This 10% cap has good cashflow already with a great opportunity for upside with below market rents. Showings start Saturday, Open House 10-1. Broker has personal interest.
Last Agent to Sell the Property
David Francoeur
RE/MAX on the Move Listed on: 05/13/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,238
Year Built
- Built in 1907
Lot Details
- 10,890 Sq Ft Lot
- Level Lot
Home Design
- 2,380 Sq Ft Home
- Cape Cod Architecture
- Concrete Foundation
- Block Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 4 Full Bathrooms
Basement
- Partial Basement
- Exterior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- Paved Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Tax Lot 66
- Assessor Parcel Number 18FirstStreetBerwick03901
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $9,357
- Gross Income $54,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2022
Closed on
Jul 19, 2022
Sold by
Francoeur David A
Bought by
Seller's Agent
David Francoeur
RE/MAX on the Move
Buyer's Agent
Keith Kinahan
The Maine Real Estate Experience
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$319,152
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 5, 2018
Sold by
Francoeur 3Rd Jeffrey F
Bought by
Fff Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Berwick, ME
-
Adam Hedio
-
Nicole Parmley
Nicole Parmley
Parmley Properties Realty LLC
(207) 606-7023
123 Total Sales
18 in Berwick
$52K - $1.2M Price Range
-
Kathleen McClelland
Kathleen McClelland
Portside Real Estate Group
(207) 808-7299
69 Total Sales
1 in Berwick
$500,000 Price
-
Aaron Kollmeyer
Aaron Kollmeyer
Coldwell Banker Realty
(508) 452-6045
88 Total Sales
1 in Berwick
$515,000 Price
-
Accalia Jackson
Accalia Jackson
Responds QuicklyHearth & Key Realty
(207) 492-4687
45 Total Sales
1 in Berwick
$440,000 Price
-
Ginny Whitney
Ginny Whitney
Legacy Properties Sotheby's International Realty
(207) 690-5364
39 Total Sales
1 in Berwick
$617,835 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Little Riv Hldg & Dev Llc | -- | None Available | |
| Fff Holdings Llc | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $340,000 | |
| Previous Owner | -- | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2022 07/21/22 | Sold | $440,000 | -2.2% | $185 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $449,900 | -- | $189 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,537 | $501,300 | $114,100 | $387,200 |
| 2024 | $6,251 | $501,300 | $114,100 | $387,200 |
| 2023 | $4,393 | $239,800 | $81,500 | $158,300 |
| 2022 | $4,369 | $239,800 | $81,500 | $158,300 |
| 2021 | $4,796 | $262,100 | $81,500 | $180,600 |
| 2020 | $4,258 | $262,100 | $81,500 | $180,600 |
| 2019 | $4,258 | $242,900 | $81,500 | $161,400 |
| 2018 | $3,596 | $209,700 | $73,400 | $136,300 |
| 2017 | $3,596 | $209,700 | $73,400 | $136,300 |
| 2016 | $3,418 | $209,700 | $73,400 | $136,300 |
| 2014 | $3,334 | $209,700 | $73,400 | $136,300 |
| 2013 | $3,366 | $209,700 | $73,400 | $136,300 |
Source: Public Records
Agents Affiliated with this Home
-
DF
Seller's Agent in 2022
David Francoeur
RE/MAX
-
Keith Kinahan
KK
Buyer's Agent in 2022
Keith Kinahan
The Maine Real Estate Experience
(207) 324-0262
33 Total Sales
Map
Source: Maine Listings
MLS Number: 1528096
APN: BERW M:U001 B:66
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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