NOT LISTED FOR SALE

21 Portland Rd Kennebunk, ME 04043

Estimated Value: $441,000 - $539,000

5 Beds
2 Baths
2,344 Sq Ft
$211/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $400,000 $171 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,108/month

121 Days on Market

Highlights

  • The property is located in a historic district
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Kennebunk High School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of December 2021

New to the market! Conveniently located two unit multi-family home with the main house offering 3-4 bedrooms while the apartment over the garage has 2 bedrooms. The two units have dedicated heating and electrical systems. Additional .79 acre back lot is available for purchase as a package.

Last Agent to Sell the Property

Joey Radford

OceanView Properties Brokerage Email: info@oceanviewproperties.net Listed on: 07/01/2021

Co-Listed By

Celeste Lachance

OceanView Properties Brokerage Email: info@oceanviewproperties.net

Last Buyer's Agent

Judy Andrews

Andrews Milligan Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,144

Year Built

  • Built in 1849

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,344 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Location

  • The property is located in a historic district
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 034
  • Assessor Parcel Number KENB-000046-000000-000034

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,144

Year Built

Built in 1849

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1807
  • Co List Office Phone: 207-967-5444
  • MLS Status: Closed
  • Directions: North on Main St to Portland Rd, property on right.
  • Above Grade Finished Sq Ft: 2344.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Year Built: 1849
  • Attribution Contact: info@oceanviewproperties.net
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.75
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2344.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 27600.0
  • Income Expenses Operating Expenses: 1.0
  • Location:Historic District: Yes
  • Property Information:Short Sale Continue to Show: No
  • Style:Cape Cod: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Bulkhead, Full, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Historic District, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.0
  • Parcel #: KENB-000046-000000-000034
  • Zoning: VR and Historical

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Annual Operating Expense: 1.0

Tax Info

  • Tax Annual Amount: 5144.0
  • Tax Book Number: 17445
  • Tax Lot: 034
  • Tax Map Number: 46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jan 21, 2022
Sold by
Archer Krista L
Bought by
Aubergine & Casse Lt
Seller's Agent
Joey Radford
OceanView Properties
Buyer's Agent
Judy Andrews
Andrews Milligan Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$495,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,132
Avg. Annual Appreciation
5.81%
Original Mortgage
$240,000
Outstanding Balance
$221,190
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,942

Purchase Details

Listed on
Jul 1, 2021
Closed on
Dec 30, 2021
Sold by
Ginger Hill Prop Llc
Bought by
Archer Krista L
Seller's Agent
Joey Radford
OceanView Properties
Buyer's Agent
Judy Andrews
Andrews Milligan Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$221,190
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,942

Purchase Details

Closed on
Mar 30, 2017
Sold by
Mullen James Est
Bought by
Ginger Hill Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aubergine & Casse Lt -- None Available
Archer Krista L $400,000 None Available
Ginger Hill Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Krista L $240,000
Previous Owner Ginger Hill Properties $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $400,000 -5.9% $171 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $425,000 -- $181 / 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 $5,671 $334,600 $0 $0
2023 $5,370 $334,600 $82,300 $252,300
2022 $4,885 $334,600 $82,300 $252,300
2021 $5,180 $363,500 $111,200 $252,300
2020 $5,144 $363,500 $111,200 $252,300
2019 $4,998 $363,500 $111,200 $252,300
2018 $4,771 $272,600 $83,400 $189,200
2017 $4,512 $272,600 $83,400 $189,200
2016 $4,334 $272,600 $83,400 $189,200
2015 $4,171 $272,600 $83,400 $189,200
2014 $4,062 $272,600 $83,400 $189,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1492131

Maine Listings

APN: KENB-000046-000000-000034