NOT LISTED FOR SALE

22 Morton St Winthrop, ME 04364

Estimated Value: $280,000 - $342,000

5 Beds
3 Baths
2,680 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $270,000 $101 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,005/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Winthrop Middle School Rated A-
  • Colonial Architecture
  • Attic

About This Home

As of April 2023

This desirable 3 unit apartment building, located on a dead end road, in Winthrop Maine offers the best of both worlds. Twenty minutes from Augusta and interstate 295 as well as Lewiston/Auburn. Walking distance to schools and town public beach on Maranacook Lake. Private off road parking and nice private back yard. You have intown convenience while you have the feel of privacy and parking, and a yard to spend family time outside. It is a must see

Last Listed By

Sandra Steele

Lakehome Group Real Estate Brokerage Email: info@lakehomegroup.com Listed on: 02/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 1865

Lot Details

  • 0.36 Acre Lot
  • Public Beach
  • Level Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 2,680 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Laminate

Unfinished Basement

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

Parking

  • Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 22MortonStreetWinthrop04364

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry
  • Community Storage Space

Building Details

  • Operating Expense $9,526
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,311

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2680.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1865
  • Attribution Contact: info@lakehomegroup.com
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2680.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 32400.0
  • Income Expenses Operating Expenses: 9526.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Basement Entry:Exterior Only: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Laminate
  • Interior Amenities: Attic, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Public Beach
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Baseboard
  • 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: Winthrop Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: 22MortonStreetWinthrop04364
  • Zoning: V

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 9526.0

Tax Info

  • Tax Annual Amount: 3311.22
  • Tax Book Number: 11870
  • Tax Lot: 217
  • Tax Map Number: 031
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 10, 2023
Sold by
Ouellette Rebecca J and Ouellette Robert N
Bought by
Anthony Ali
Seller's Agent
Sandra Steele
Lakehome Group Real Estate
Buyer's Agent
Kenny Greene
Real Broker
List Price
$260,000
Sold Price
$270,000
Premium/Discount to List
$10,000
3.85%
Total Days on Market
4
Current Estimated Value
$308,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,780
Avg. Annual Appreciation
9.43%
Original Mortgage
$264,855
Outstanding Balance
$259,007
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$66,657

Purchase Details

Closed on
Nov 20, 2014
Sold by
Steele Gerald J and Steele Barbara J
Bought by
Ouellette Robert N and Ouellette Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Anthony Ali $270,000 None Available
Ouellette Robert N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony Ali $264,855
Previous Owner Ouellette Rebecca J $108,500
Previous Owner Ouellette Robert N $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $270,000 +3.8% $101 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $260,000 -- $97 / 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 $3,514 $152,100 $26,000 $126,100
2022 $3,311 $152,100 $26,000 $126,100
2021 $3,126 $152,100 $26,000 $126,100
2020 $3,141 $152,100 $26,000 $126,100
2019 $3,080 $152,100 $26,000 $126,100
2018 $2,785 $152,100 $26,000 $126,100
2017 $2,605 $152,100 $26,000 $126,100
2016 $2,409 $152,100 $26,000 $126,100
2015 $2,324 $152,100 $26,000 $126,100
2014 $2,324 $152,100 $26,000 $126,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1553021

Maine Listings

APN: WINP-000031-000000-000217