Seller's Agent in 2020
Aaron Chadbourne
Demetria Real Estate
(207) 329-0915
4 in this area
226 Total Sales
2 Cedar St Westbrook, ME 04092
Cumberland Mills Neighborhood
--
Bed
2
Baths
2,405
Sq Ft
6,534
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Bedroom
- No HOA
- New Englander Architecture
- Corner Lot
- Porch
About This Home
As of December 20202-unit in great location! Close to schools, convenient to Portland, near downtown Westbrook. Great opportunity for either an owner-occupant or investor. While some work will be required, recent updates include new roof, updates to heating systems. Both units are one-bedroom with potential to be converted to two-bedroom, as well as potential for two additional bedrooms on the third floor. 1st floor is vacant and ready for your updates. 2nd floor has tenant in place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,443
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Landscaped
- Corner Lot
- Lot Has A Rolling Slope
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
- 3-Story Property
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Porch
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Radiant Heating System
- Hot Water Heating System
- Heating System Uses Steam
- Oil Water Heater
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number WSBR-000034-000000-000033
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
1
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
10.63%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $393,750 | Adjustable Rate Mortgage/ARM | |
| Closed | $258,750 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $40,000 | Unknown |
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: 1420974
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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