NOT LISTED FOR SALE

20 Water St Kennebunk, ME 04043

Estimated Value: $586,000 - $782,000

3 Beds
2 Baths
2,304 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $320,000 $139 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,816/month

72 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • New Englander Architecture
  • Public Beach
  • Wood Flooring
  • 1-minute walk to Rotary Park

About This Home

As of February 2020

Nice location and a two family possibility that would not take a lot of imagination. Live in one unit and rent the other. Across the street from Rotary Park and the Mousam River and around the corner from the Main St. Downtown businesses. Close to the beaches and to the Main Turnpike. Call for an appointment.

Last Agent to Sell the Property

Judy Andrews

Andrews Milligan Real Estate Listed on: 10/02/2019

Last Buyer's Agent

Linda Flint

OceanView Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,444

Year Built

  • Built in 1800

Lot Details

  • 9,148 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,304 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number KENB-000051-000000-000163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,444

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Water Street is off Main Street (Route 1)
  • Above Grade Finished Sq Ft: 2304.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2304.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Other Equipment: Internet Access Available, Cable
  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • 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: 9147.6
  • Parcel #: KENB-000051-000000-000163
  • Zoning: DB

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3444.0
  • Tax Book Number: 17772
  • Tax Lot: 163
  • Tax Map Number: 51
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Feb 21, 2020
Sold by
Tgots Llc
Bought by
3 Martini Publication Ltd
Seller's Agent
Judy Andrews
Andrews Milligan Real Estate
Buyer's Agent
Linda Flint
OceanView Properties
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Current Estimated Value
$629,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,214
Avg. Annual Appreciation
12.83%
Original Mortgage
$256,000
Outstanding Balance
$229,543
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$389,919

Purchase Details

Closed on
Aug 7, 2018
Sold by
Karron Larry and Karron Susan M
Bought by
Tgots Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,743
Interest Rate
4.5%
Mortgage Type
New Conventional
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
3 Martini Publication Ltd -- None Available
Tgots Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 Martini Publication Ltd $256,000
Previous Owner Tgots Llc $120,743
Previous Owner Rusiano Susan M $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $320,000 -7.2% $139 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $345,000 -- $150 / 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 $4,449 $262,500 $68,800 $193,700
2023 $4,213 $262,500 $68,800 $193,700
2022 $3,833 $262,500 $68,800 $193,700
2021 $3,741 $262,500 $68,800 $193,700
2020 $3,714 $262,500 $68,800 $193,700
2019 $3,609 $262,500 $68,800 $193,700
2018 $3,444 $196,800 $51,600 $145,200
2017 $3,257 $196,800 $51,600 $145,200
2016 $3,129 $196,800 $51,600 $145,200
2015 $2,866 $196,800 $51,600 $145,200
2014 $2,791 $196,800 $51,600 $145,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1435131

Maine Listings

APN: KENB-000051-000000-000163