NOT LISTED FOR SALE

19 Lincoln St Unit 8 Brunswick, ME 04011

Estimated Value: $887,125

-- Bed
6 Baths
2,208 Sq Ft
$402/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $550,000 $249 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,492/month

3 Days on Market

Highlights

  • The property is located in a historic district
  • Federal Architecture
  • Wood Flooring
  • Brunswick Jr High School Rated A-
  • Property is near public transit
  • Corner Lot

About This Home

As of January 2021

Investment property in prime location. Walking distance from all downtown businesses. On the corner of Union and Lincoln this building is always in demand. 5 one bedroom apartment units, 1 two bedroom unit an art studio and a salon. All currently occupied. Income total is $5,360 per month or $64,320 a year.
Yearly Expenses are
$4,227 Natural Gas heating for entire building.
$1.344 Propane Downeast for Gas ranges
$3,125 for Insurance
$1,144 Sewer
$6.90 f or Water
$1,475 Snow Removal
$1,065 General maintenance

Last Agent to Sell the Property

Roxanne York

Roxanne York Real Estate Listed on: 12/31/2020

Last Buyer's Agent

John Graham

John Graham Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,866

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Federal Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2,208 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

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

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number BRUN-000013-000000-000030U

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Pet Policy

  • Limit on the number of pets

Building Details

  • Operating Expense $4,374
  • Gross Income $64,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,866

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: on the corner of Union and Lincoln street.
  • Above Grade Finished Sq Ft: 2208.0
  • Architectural Style: Federal
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 2208.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: 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
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 6
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 64320.0
  • Income Expenses Operating Expenses: 4374.0
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Style:Federal: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Transportation:Rail Available: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Exterior Only
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Historic District, Intown, Near Shopping, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Composition, Pitched, Rolled/Hot Mop, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Garage Door Opener, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: BRUN-000013-000000-000030U
  • Zoning: Gen.Resid.

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 64320.0
  • Annual Operating Expense: 4374.0

Tax Info

  • Tax Annual Amount: 6866.0
  • Tax Book Number: 26177
  • Tax Lot: 030
  • Tax Map Number: U13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Jan 14, 2021
Sold by
Odysseus Dev Grp Llc
Bought by
19 Lincoln Street Llc
Seller's Agent
Roxanne York
Roxanne York Real Estate
Buyer's Agent
John Graham
John Graham Real Estate
List Price
$450,000
Sold Price
$550,000
Premium/Discount to List
$100,000
22.22%
Current Estimated Value
$887,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,125
Original Mortgage
$412,500
Outstanding Balance
$257,371
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2008
Sold by
Raymond Henry E and Raymond Pauline E
Bought by
Odysseus Dev Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.01%
Mortgage Type
Commercial
Source: Public Records

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
19 Lincoln Street Llc -- None Available
Odysseus Dev Group Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 19 Lincoln St Llc $412,500
Previous Owner Odysseus Dev Group Llc $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $550,000 +22.2% $249 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $450,000 -- $204 / 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
2024 $8,352 $350,200 $45,300 $304,900
2023 $8,152 $350,000 $45,300 $304,700
2022 $7,552 $348,200 $45,300 $302,900
2021 $7,263 $348,200 $45,300 $302,900
2020 $7,093 $348,200 $45,300 $302,900
2019 $6,867 $348,200 $45,300 $302,900
2018 $6,588 $348,200 $45,300 $302,900
2017 $6,396 $348,200 $45,300 $302,900
2016 $6,645 $226,400 $25,400 $201,000
2015 $6,421 $226,400 $25,400 $201,000
2014 $6,203 $226,400 $25,400 $201,000
2013 -- $226,400 $25,400 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1478938

Maine Listings

APN: BRUN-000013-000000-000030U