NOT LISTED FOR SALE

18 River St Westbrook, ME 04092

Estimated Value: $339,000 - $491,000

4 Beds
2 Baths
1,484 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $210,000 $142 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,684/month

23 Days on Market

Highlights

  • Deck
  • Porch
  • Tile Flooring
  • No HOA
  • Attached Garage
  • Forced Air Heating System

About This Home

As of October 2020

Rare 2 unit listing located on the Presumpscot River! Enjoy water views without the big tax bill.. Offering (2) 2 bedroom units that have been updated! Please don't miss the opportunity to own a very unique property in the fast growing Westbrook real estate market!!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 08/17/2020

Last Buyer's Agent

Jeffrey Davis

Town & Shore Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,484 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Attached Garage
  • Carport
  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number WSBR-000033-000000-000241

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,249
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,813

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Brown St to River St
  • Above Grade Finished Sq Ft: 1484.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 161.05
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1484.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 25800.0
  • Income Expenses Operating Expenses: 7249.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Basement Entry:Exterior Only: Yes
  • Vehicle Storage:Carport: Yes
  • Roof:Fiberglass: Yes
  • Advertising Remarks:Advertising Remarks: Rare 2 unit listing located on the Presumpscot River! Enjoy water views without the big tax bill.. Offering (2) 2 bedroom units that have been updated! Please don't miss the opportunity to own a very unique property in the fast growing Westbrook real estate market!!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Fiberglass, Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 1 - 4 Spaces, Common, Paved, Carport

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WSBR-000033-000000-000241
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 25800.0
  • Annual Operating Expense: 7249.0

Tax Info

  • Tax Annual Amount: 3813.0
  • Tax Lot: 241
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 15, 2020
Sold by
Leighton Prop Mgmt Llc
Bought by
Westbrook Real Estate Llc
Seller's Agent
Thomas Gadbois
F.O. Bailey Real Estate
Buyer's Agent
Jeffrey Davis
Town & Shore Real Estate
List Price
$299,000
Sold Price
$210,000
Premium/Discount to List
-$89,000
-29.77%
Current Estimated Value
$433,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,370
Avg. Annual Appreciation
14.74%
Original Mortgage
$420,000
Outstanding Balance
$371,875
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$61,495

Purchase Details

Closed on
Mar 26, 2012
Sold by
Mendieta Joselito C and Aegis Asset Backed Sec T
Bought by
Aegis Asset Backed Sec T and Us Bank Na Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,649
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2011
Sold by
Mendieta Joselito and Fnma
Bought by
Leighton Prop Mgmt Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Westbrook Real Estate Llc -- None Available
Westbrook Real Estate Llc -- None Available
Westbrook Real Estate Llc -- None Available
Westbrook Real Estate Llc -- None Available
Aegis Asset Backed Sec T -- --
Maccaffray Kristin -- --
Aegis Asset Backed Sec T -- --
Leighton Prop Mgmt Llc -- --
Leighton Prop Mgmt Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Real Estate Llc $420,000
Closed Westbrook Real Estate Llc $420,000
Previous Owner Maccaffray Kristin $70,649
Previous Owner Leighton Prop Mgmt Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $210,000 -29.8% $142 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $299,000 -- $201 / 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
2023 $4,260 $255,400 $71,800 $183,600
2022 $3,864 $213,500 $59,800 $153,700
2021 $3,807 $213,500 $59,800 $153,700
2020 $3,813 $213,500 $59,800 $153,700
2019 $3,813 $213,500 $59,800 $153,700
2018 $3,180 $163,800 $52,000 $111,800
2017 $3,093 $163,800 $52,000 $111,800
2016 $3,014 $163,800 $52,000 $111,800
2015 $2,942 $163,800 $52,000 $111,800
2014 $2,817 $163,800 $52,000 $111,800
2013 $2,817 $163,800 $52,000 $111,800
Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2020

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    143 Total Sales

    Thomas Gadbois
    Section Image
  • Jeffrey Davis

    Buyer's Agent in 2020

    Jeffrey Davis

    Town & Shore Real Estate

    (207) 233-9423

    148 Total Sales

    Jeffrey Davis
    Section Image
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Map

Source: Maine Listings

MLS Number: 1464902

Maine Listings

APN: WSBR-000033-000000-000241

Maine Cumberland County Westbrook 04092

18 River St, Westbrook, ME

Not Listed for Sale

MultiFamily

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