$129,000
SOLD JUN 28, 2012

20 Merriam St Berwick, ME 03901

-- Bed
2 Baths
2,168 Sq Ft
0.29 Acres

Recently Sold

$60 Per Sq Ft

8% Above List Price

30 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Level Lot
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of March 2022

Great investment opportunity. Reliable tenants and good rents. New furnaces and oil tanks.

Last Agent to Sell the Property

Terry Reager

Keller Williams Realty Listed on: 04/07/2012

Last Buyer's Agent

Michael Hill

RE/MAX Realty Centre

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.29 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,168 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 20Merriam StreetBerwickU00197

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • MLS Status: Closed
  • Directions: Rt. 9 to Allen Street (Rt. 239) to right on Merriam Street.
  • Above Grade Finished Sq Ft: 2168.0
  • Architectural Style: Colonial
  • 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: 2168.0
  • Site:Level: Yes
  • 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:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 20Merriam StreetBerwickU00197
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3330.0
  • Tax Book Number: 14859
  • Tax Lot: 97
  • Tax Map Number: U001
  • Tax Year: 2012

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
$395,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,758
Avg. Annual Appreciation
2.70%
Original Mortgage
$283,200
Outstanding Balance
$266,270
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$129,488

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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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $283,200 Purchase Money Mortgage
Closed $283,200 Purchase Money Mortgage
Previous Owner $199,379 FHA
Previous Owner $90,300 Purchase Money Mortgage
Previous Owner $213,300 FHA
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: 1048311

Maine Listings

APN: BERW-000001U-000000-000097