NOT LISTED FOR SALE

Estimated Value: $407,569 - $619,000

6 Beds
2 Baths
2,280 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $360,000 $158 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,222/month

5 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • No HOA
  • New Englander Architecture
  • Furnished
  • Double Pane Windows

About This Home

As of June 2021

Well maintained Duplex with (2) 3 bedroom apartments, each has it's own laundry room. Recent new steel roof, paved driveway, and water heaters. Updated appliances and laminate flooring through-out. Town shows build date as 1900, but building was striped to the studs and almost completely updated in late seventies. Currently producing $34,500 income annually with below market rents! Neighborhood is under going a facelift and a brewpub is planned within walking distance. The Mountain Division Hiking trail is located a block away.
All offers will be reviewed on May 7th.
Seller is a licensed RE agent.

Last Listed By

Carl Vickerson

Swan Real Estate LLC Listed on: 05/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,584

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Pane Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • The property is located in a historic district

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number WINM-000038-000000-000041

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,206
  • Gross Income $34,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,584

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
  • Subdivision Name: no
  • Directions: Rte 202 S0. from Windham, left on Depot St. to #2 on left. River Rd. North from Westbrook to left on Depot/ Chute,to #2 on Right
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2280.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 34500.0
  • Income Expenses Operating Expenses: 10206.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Direct Vent Heater: Yes
  • Amenities:Furniture Included: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Partial, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Furniture Included, Bathtub, Shower
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Historic District, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Stone, Other
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: WINM-000038-000000-000041
  • Zoning: VC

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34500.0
  • Annual Operating Expense: 10206.0

Tax Info

  • Tax Annual Amount: 3584.0
  • Tax Book Number: 38
  • Tax Lot: 41
  • Tax Map Number: 38
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 22, 2021
Sold by
Vickerson Carl and Vickerson Heather
Bought by
Drew Mark A and Drew Susan A
Seller's Agent
Carl Vickerson
Swan Real Estate LLC
Buyer's Agent
Whitney Earle
Portside Real Estate Group
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%
Total Days on Market
5
Current Estimated Value
$510,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,142
Avg. Annual Appreciation
10.31%
Original Mortgage
$288,000
Outstanding Balance
$265,804
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,130

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
Drew Mark A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drew Mark A $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $360,000 +3.2% $158 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $349,000 -- $153 / 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 $4,563 $397,800 $70,900 $326,900
2023 $4,192 $374,300 $65,900 $308,400
2022 $3,865 $332,900 $58,300 $274,600
2021 $3,340 $265,100 $50,800 $214,300
2020 $3,584 $238,900 $44,500 $194,400
2019 $3,497 $238,900 $44,500 $194,400
2018 $3,212 $211,600 $40,100 $171,500
2017 $2,673 $162,700 $35,900 $126,800
2016 $2,554 $162,700 $35,900 $126,800
2015 $2,465 $162,700 $35,900 $126,800
2014 $2,387 $162,700 $35,900 $126,800
2013 $2,351 $162,700 $35,900 $126,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1489816

Maine Listings

APN: WINM-000038-000000-000041