Seller's Agent in 2020
Aaron Chadbourne
Demetria Real Estate
(207) 329-0915
4 in this area
222 Total Sales
2 Cedar St Westbrook, ME 04092
Cumberland Mills NeighborhoodEstimated Value: $465,435 - $629,000
4
Beds
2
Baths
2,405
Sq Ft
$232/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Porch
- New Englander Architecture
- No HOA
- Bathtub
About This Home
As of December 2020Location, location, location! Great opportunity to own a 2-unit for investment income or turn into owner occupied. Both units have leases in place until August 2021. Opportunity to renovate third floor rooms for additional income or more space.
Last Buyer's Agent
Robert Rankin
Benchmark Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,992
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Open Lot
Home Design
- New Englander Architecture
- Flat Roof Shape
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Shingle Siding
- Asbestos
Interior Spaces
- 2,405 Sq Ft Home
- Multi-Level Property
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Brick Basement
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Oil Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number WSBR-000034-000000-000033
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,152
- Gross Income $33,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2020
Closed on
Dec 31, 2020
Sold by
Keene Matthew R
Bought by
Mclellan Dustin
Seller's Agent
Aaron Chadbourne
Demetria Real Estate
Buyer's Agent
Robert Rankin
Benchmark Real Estate
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,859
Avg. Annual Appreciation
10.66%
Original Mortgage
$258,750
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 20, 2019
Closed on
Jul 3, 2019
Sold by
Dulac Steven A
Bought by
Keene Matthew R
Seller's Agent
Aaron Chadbourne
Demetria Real Estate
Buyer's Agent
Aaron Chadbourne
Demetria Real Estate
List Price
$224,990
Sold Price
$220,000
Premium/Discount to List
-$4,990
-2.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.98%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mclellan Dustin | -- | None Available | |
| Keene Matthew R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mclellan Dustin C | $393,750 | |
| Closed | Mclellan Dustin | $258,750 | |
| Previous Owner | Dulac Steven A | $100,000 | |
| Previous Owner | Dulac Steven A | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $345,000 | -8.0% | $143 / Sq Ft |
| 11/15/2020 11/15/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $375,000 | +70.5% | $156 / Sq Ft |
| 07/03/2019 07/03/19 | Sold | $220,000 | -2.2% | $91 / Sq Ft |
| 06/22/2019 06/22/19 | Pending | -- | -- | -- |
| 06/20/2019 06/20/19 | For Sale | $224,990 | -- | $94 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,532 | $271,700 | $80,400 | $191,300 |
| 2022 | $4,045 | $223,500 | $67,000 | $156,500 |
| 2021 | $3,985 | $223,500 | $67,000 | $156,500 |
| 2020 | $3,992 | $223,500 | $67,000 | $156,500 |
| 2019 | $3,992 | $223,500 | $67,000 | $156,500 |
| 2018 | $2,963 | $172,600 | $58,200 | $114,400 |
| 2017 | $3,259 | $172,600 | $58,200 | $114,400 |
| 2016 | $3,176 | $172,600 | $58,200 | $114,400 |
| 2015 | $3,100 | $172,600 | $58,200 | $114,400 |
| 2014 | $2,969 | $172,600 | $58,200 | $114,400 |
| 2013 | $2,995 | $174,100 | $58,200 | $115,900 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Chadbourne
-
R
Buyer's Agent in 2020
Robert Rankin
Benchmark Real Estate
Map
Source: Maine Listings
MLS Number: 1475138
APN: WSBR-000034-000000-000033
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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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