NOT LISTED FOR SALE

22 River St Westbrook, ME 04092

Estimated Value: $346,006 - $543,000

4 Beds
2 Baths
1,601 Sq Ft
$261/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $210,000 $131 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,510/month

23 Days on Market

Highlights

  • River Front
  • Cooling Available
  • Open Lot
  • No HOA
  • 1 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of October 2020

2 unit w/ (2) 2 bedroom units located on the Presumoscot River! This unique property has a very nice yard that would be perfect for entertaining or to sit and enjoy the views!
Please don't miss the opportunity to own a fabulous property in the fast growing community!

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 08/17/2020

Last Buyer's Agent

Jeffrey Davis

Town & Shore Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1895

Lot Details

  • 3,920 Sq Ft Lot
  • River Front
  • Open Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,601 Sq Ft Home
  • Water Views

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 243
  • Assessor Parcel Number WSBR-000033-000000-000243

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,071
  • Gross Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,049

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Water Body Name: Presumpscot River
  • MLS Status: Closed
  • Directions: Brown St to River St
  • Above Grade Finished Sq Ft: 1601.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1895
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1601.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 19500.0
  • Income Expenses Operating Expenses: 5071.0
  • Gas:Natural - At Street: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Other, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Flooring: Other

Exterior Features

  • Lot Features: Open Lot, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Other
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other Heat System
  • 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: 3920.4
  • Parcel #: WSBR-000033-000000-000243
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 19500.0
  • Annual Operating Expense: 5071.0

Tax Info

  • Tax Annual Amount: 3049.0
  • Tax Book Number: 31727
  • Tax Lot: 243
  • Tax Map Number: 033
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2014
Sold by
Burke Matthew and Plimpton Jennifer M
Bought by
Leighton Prop Mgmt Llc
Current Estimated Value
$417,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
4.14%
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
Leighton Prop Mgmt Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Real Estate Llc $420,000
Closed Leighton Prop Mgmt Llc $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $210,000 -29.8% $131 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $299,000 -- $187 / 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 $3,404 $204,100 $75,900 $128,200
2022 $3,090 $170,700 $63,300 $107,400
2021 $3,044 $170,700 $63,300 $107,400
2020 $3,049 $170,700 $63,300 $107,400
2019 $3,049 $170,700 $63,300 $107,400
2018 $2,673 $137,700 $55,000 $82,700
2017 $2,600 $137,700 $55,000 $82,700
2016 $2,534 $137,700 $55,000 $82,700
2015 $2,473 $137,700 $55,000 $82,700
2014 $2,368 $137,700 $55,000 $82,700
2013 $2,368 $137,700 $55,000 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1464925

Maine Listings

APN: WSBR-000033-000000-000243