NOT LISTED FOR SALE

20-22 Cromwell St Kittery, ME 03904

Estimated Value: $437,855 - $543,000

4 Beds
2 Baths
1,491 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $400,000 $268 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,087/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Ranch Style House
  • No HOA
  • Horace Mitchell Primary School Rated A-
  • Wood Flooring
  • 2-minute walk to Emery Field

About This Home

As of December 2021

Turnkey side by side TWO UNIT building, set on a fantastic lot in desirable Admiralty Village. Located within walking distance to bustling Kittery Foreside, restaurants & shops, Tributary Brewing Co, the Shipyard and Rogers Park Conservation area. Excellent long term rental history, current tenants are month to month, both would love to stay if desired by the future owner. OR, owner occupy one unit and rent other, the choice is yours! Unit 20 is currently rented at $1,000 monthly, Unit 22 is rented for $1,025 monthly, includes a newer FHA heating system. Each unit features 2 bedrooms, 1 full bath, living rooms and bedrooms have hardwood flooring, kitchens include dishwashers. SEPARATELEY metered water/sewer, electrical and heat. New roof in 2016. Private driveways, large partially fenced rear yard. Hurry, don't miss out on your chance to own this affordable investment property! OPEN HOUSES on WED 11/3 from 2:30 to 4:30 and on FRIDAY 11/5 from 2:30 to 4:30. (No appointment necessary) Mask are required.

Last Agent to Sell the Property

Jeffrey Levine

Bean Group Listed on: 11/01/2021

Last Buyer's Agent

Courtney Costa

Great Island Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1941

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • 1,491 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup
  • Nearby Water Access

Listing and Financial Details

  • Legal Lot and Block // / 28
  • Assessor Parcel Number KITT-000015-000000-000028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,220
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,364

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Directions: From Kittery Traffic Circle take Route 236 south (Shapleigh Road) then make a left onto Manson Avenue, then a left onto Cromwell Street, property will be on your right.
  • Above Grade Finished Sq Ft: 1491.0
  • Architectural Style: Duplex, Ranch
  • Garage Yn: No
  • Year Built: 1941
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1491.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 24300.0
  • Income Expenses Operating Expenses: 4220.0
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Water Heater:Tank: Yes
  • Basement Entry:Exterior Only: Yes
  • Heat Fuel:Multi-Fuel System: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Partial, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Other
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Rolling Slope, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Other, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Forced Air, Hot Air
  • 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: 6534.0
  • Parcel #: KITT-000015-000000-000028
  • Zoning: R-V

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24300.0
  • Annual Operating Expense: 4220.0

Tax Info

  • Tax Annual Amount: 3364.0
  • Tax Block: 28
  • Tax Book Number: 16723
  • Tax Lot: //
  • Tax Map Number: 15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 16, 2021
Sold by
Kemp Christopher J
Bought by
Mower Nicole M and Mower Haven
Seller's Agent
Jeffrey Levine
Bean Group
Buyer's Agent
Courtney Costa
Great Island Realty, LLC
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Total Days on Market
7
Current Estimated Value
$497,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,214
Avg. Annual Appreciation
6.49%
Original Mortgage
$300,000
Outstanding Balance
$278,671
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$219,437

Purchase Details

Listed on
Mar 11, 2013
Closed on
Oct 31, 2013
Sold by
Koller Audrey J
Bought by
Kemp Christopher J
Seller's Agent
Pam Gray
RE/MAX By The Bay
Buyer's Agent
Jeffrey Levine
Coldwell Banker Realty
List Price
$218,000
Sold Price
$191,000
Premium/Discount to List
-$27,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$152,800
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mower Nicole M -- None Available
Kemp Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mower Nicole M $300,000
Previous Owner Kemp Christopher J $152,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $400,000 +6.7% $268 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $375,000 +96.3% $252 / Sq Ft
10/31/2013 10/31/13 Sold $191,000 -12.4% $128 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $218,000 -- $146 / 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 $3,703 $260,800 $109,700 $151,100
2023 $3,549 $260,800 $109,700 $151,100
2022 $3,516 $260,800 $109,700 $151,100
2021 $3,390 $260,800 $109,700 $151,100
2020 $3,364 $260,800 $109,700 $151,100
2019 $3,050 $175,300 $65,000 $110,300
2018 $2,813 $175,300 $65,000 $110,300
2017 $5,433 $175,300 $65,000 $110,300
2016 $2,814 $175,300 $65,000 $110,300
2015 $2,747 $175,300 $65,000 $110,300
2014 -- $175,300 $65,000 $110,300
2013 $2,668 $175,300 $65,000 $110,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1513699

Maine Listings

APN: KITT-000015-000000-000028