NOT LISTED FOR SALE

Estimated Value: $541,000 - $618,375

6 Beds
2 Baths
2,528 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $561,500 $222 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,570/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • New Englander Architecture
  • Cooling Available

About This Home

As of December 2023

Great investment opportunity in the heart of Westbrook. So many amenities just minutes away. unit one is 3 bedrooms and unit two is 3/5 bedrooms (2nd and 3rd floor), many updates in the recent 3 years includes 2 multi zones heat pumps for heating and AC, updated kitchen and bathroom on the 1st floor, 2 electric water heater, electric updates, paint etc.
loan could be assumable for the qualified buyer.
open house Saturday 11:00-1:00pm
Sunday 12:00-200pm

Last Listed By

Mushreq Alsamraee

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 11/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,447

Year Built

  • Built in 1900

Lot Details

  • 3,049

Home Design

  • 2,528 Sq Ft Home
  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup
  • Nearby Water Access
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number WSBR-000032-000000-000160

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,867
  • Gross Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,447

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 2528.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2528.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 63600.0
  • Income Expenses Operating Expenses: 11867.0
  • Parking:On Site2: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:BrickMortar: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Carpet

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: WSBR-000032-000000-000160
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 63600.0
  • Annual Operating Expense: 11867.0

Tax Info

  • Tax Annual Amount: 5447.0
  • Tax Book Number: 35961
  • Tax Lot: 160
  • Tax Map Number: 032
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 13, 2023
Sold by
Kadhim Mustafa M
Bought by
Karangwa Eric and Ruzindana Chantal
Seller's Agent
Mushreq Alsamraee
Coldwell Banker Realty
Buyer's Agent
Megan Bingman
Elevate Maine Realty
List Price
$505,000
Sold Price
$561,500
Premium/Discount to List
$56,500
11.19%
Total Days on Market
3
Current Estimated Value
$579,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,094
Avg. Annual Appreciation
2.31%
Original Mortgage
$533,425
Outstanding Balance
$527,241
Interest Rate
7.44%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$52,353

Purchase Details

Closed on
Sep 4, 2019
Sold by
Jabbir Anaam A
Bought by
Kadhim Mustafa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,348
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 11, 2017
Closed on
Jan 11, 2018
Sold by
Bk Properties Llc
Bought by
Jabbir Anaam A
Seller's Agent
Kermit Stanley
Welcome Home Real Estate
Buyer's Agent
Ashraf Eldeknawey
Century 21 North East
List Price
$239,900
Sold Price
$244,900
Premium/Discount to List
$5,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.47%
Original Mortgage
$240,285
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2016
Sold by
375 Pride Street Llc
Bought by
Johnson Katherine and Johnson Dale

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jul 16, 2013
Sold by
Cummings Orry S
Bought by
Bk Props Llc
Seller's Agent
Richard Vraux
Allied Real Estate
Buyer's Agent
Richard Vraux
Allied Real Estate
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.13%
Original Mortgage
$108,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Prescott Stephen J and National City Bank
Bought by
National City Bank

Purchase Details

Closed on
Aug 2, 2005
Sold by
Murdoch Donald
Bought by
Prescott Stephen J

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
Karangwa Eric -- None Available
Karangwa Eric -- None Available
Kadhim Mustafa M -- --
Kadhim Mustafa M -- --
Jabbir Anaam A -- --
Jabbir Anaam A -- --
Johnson Katherine -- --
Johnson Katherine -- --
Bk Props Llc -- --
Bk Props Llc -- --
National City Bank -- --
National City Bank -- --
Prescott Stephen J -- --
Prescott Stephen J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karangwa Eric $533,425
Closed Karangwa Eric $533,425
Previous Owner Kadhim Mustafa M $27,069
Previous Owner Kadhim Mustafa M $306,348
Previous Owner Jabbir Anaam A $240,285
Previous Owner Bk Props Llc $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $561,500 +11.2% $222 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $505,000 +106.2% $200 / Sq Ft
01/08/2018 01/08/18 Sold $244,900 +2.1% $97 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $239,900 +77.7% $95 / Sq Ft
07/15/2013 07/15/13 Sold $135,000 -15.1% $53 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $159,000 -- $63 / 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
2023 $4,283 $256,800 $74,500 $182,300
2022 $3,895 $215,200 $62,100 $153,100
2021 $3,837 $215,200 $62,100 $153,100
2020 $3,770 $211,100 $62,100 $149,000
2019 $3,770 $211,100 $62,100 $149,000
2018 $2,781 $139,400 $54,000 $85,400
2017 $2,632 $139,400 $54,000 $85,400
2016 $2,565 $139,400 $54,000 $85,400
2015 $2,504 $139,400 $54,000 $85,400
2014 $2,398 $139,400 $54,000 $85,400
2013 $2,398 $139,400 $54,000 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576378

Maine Listings

APN: WSBR-000032-000000-000160