NOT LISTED FOR SALE

20 Merriam St Berwick, ME 03901

Estimated Value: $399,827 - $509,000

6 Beds
2 Baths
1,976 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $360,000 $182 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,744/month

1 Day on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Shed
  • Wood Flooring
  • No HOA
  • Heating System Uses Oil

About This Home

As of March 2022

Here's your chance to own instead of rent! This true side by side duplex could be owner occupied or an investment property. Owner lived and updated unit A with new flooring, updated electric and added a dishwasher. Newer roof (6 years old), maintenance free vinyl siding, all utilities are separate, plenty of parkin on great corner lot. Both units have laundry hookups in basement (washer and dryer included for both sides). Showings will begin at the Open House 2/5 2-4:00 and 2/6 11-1:00.

Last Agent to Sell the Property

Robin Remillard

Keller Williams Realty Metropolitan Listed on: 02/03/2022

Last Buyer's Agent

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 1,976 Sq Ft Home
  • Duplex
  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup
  • Shed
  • City Lot

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number BERW-000001U-000000-000097

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,500
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,342

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Somersworth - go over Bridge to Berwick Me. and turn right onto Saw Mill Hill Rd., then Right on 2nd St., and then left on Merriam St. The house is #20 and parking is located in the back.
  • Above Grade Finished Sq Ft: 1976.0
  • Architectural Style: Duplex, Colonial, New Englander
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1976.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 1500.0
  • Style:Colonial: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Style:New Englander: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 12632.4
  • Parcel #: BERW-000001U-000000-000097
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 1500.0

Tax Info

  • Tax Annual Amount: 4342.0
  • Tax Book Number: 17430
  • Tax Lot: 97
  • Tax Map Number: U1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 15, 2022
Sold by
Dicredico Bryan J
Bought by
20 Merriam Mcneice Llc
Seller's Agent
Robin Remillard
Keller Williams Realty Metropolitan
Buyer's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$339,000
Sold Price
$360,000
Premium/Discount to List
$21,000
6.19%
Current Estimated Value
$436,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,707
Avg. Annual Appreciation
5.76%
Original Mortgage
$283,200
Outstanding Balance
$268,428
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$167,504

Purchase Details

Listed on
Oct 12, 2016
Closed on
Mar 3, 2017
Sold by
Yager Tobin and Yager Kathleen M
Bought by
Dicredico Bryan
Seller's Agent
Michael Hill
RE/MAX on the Move
Buyer's Agent
John Fennessey
Coldwell Banker Yorke Realty
List Price
$179,900
Sold Price
$168,500
Premium/Discount to List
-$11,400
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.26%
Original Mortgage
$199,379
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 7, 2012
Closed on
Jul 3, 2012
Sold by
Baird Colin and Baird Jennifer
Bought by
Yager Tobin and Yager Kathleen M
Seller's Agent
Terry Reager
Keller Williams Realty
Buyer's Agent
Michael Hill
RE/MAX Realty Centre
List Price
$119,000
Sold Price
$129,000
Premium/Discount to List
$10,000
8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$90,300
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Hopkins Eric P
Bought by
Baird Jennifer and Baird Colin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
6.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
20 Merriam Mcneice Llc -- None Available
20 Merriam Mcneice Llc -- None Available
Dicredico Bryan -- --
Dicredico Bryan -- --
Yager Tobin -- --
Yager Tobin -- --
Baird Jennifer -- --
Baird Jennifer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 20 Merriam Mcneice Llc $283,200
Closed 20 Merriam Mcneice Llc $283,200
Previous Owner Dicredico Bryan $187,636
Previous Owner Dicredico Bryan $199,379
Previous Owner Yager Tobin $90,300
Previous Owner Baird Jennifer $213,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $360,000 +6.2% $182 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $339,000 +101.2% $172 / Sq Ft
03/01/2017 03/01/17 Sold $168,500 -6.3% $85 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $179,900 +39.5% $91 / Sq Ft
06/28/2012 06/28/12 Sold $129,000 +8.4% $60 / Sq Ft
05/12/2012 05/12/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $119,000 -- $55 / 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 $4,363 $349,900 $114,700 $235,200
2023 $4,102 $223,900 $81,900 $142,000
2022 $4,079 $223,900 $81,900 $142,000
2021 $4,097 $223,900 $81,900 $142,000
2020 $3,932 $224,300 $81,900 $142,400
2019 $3,932 $224,300 $81,900 $142,400
2018 $3,581 $208,800 $74,000 $134,800
2017 $3,581 $208,800 $74,000 $134,800
2016 $3,403 $208,800 $74,000 $134,800
2014 $3,368 $211,800 $74,000 $137,800
2013 $3,399 $211,800 $74,000 $137,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1518836

Maine Listings

APN: BERW-000001U-000000-000097