N
Seller's Agent in 2024
Nicholas Trepanier
F.O. Bailey Real Estate
(207) 781-1111
3 in this area
15 Total Sales
221 Bridge St Westbrook, ME 04092
Estimated Value: $541,832 - $729,000
6
Beds
2
Baths
3,442
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Country Club
- Wood Flooring
- Main Floor Bedroom
- Property is near public transit
- New Englander Architecture
- Attic
About This Home
As of March 2024Back on the Market!! No fault to the building. Buyer could not obtain financing.
Welcome to a renovated two-unit in a desirable Westbrook neighborhood within walking distance to downtown. Just under thirty-five hundred square feet above grade living space with a four- bedroom & two-bedroom apartments ready for rent.
All utilities are separate and both units have washer/dryer hookups. Landlords only utility expense is water & sewer. Here is your opportunity to own a turn-key multifamily as an investment or owner occupancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,131
Year Built
- Built in 1875
Lot Details
- 6,098 Sq Ft Lot
- Corner Lot
- Level Lot
- Open Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 3,442 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near shops
- Property is near a golf course
- Suburban Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 038
- Assessor Parcel Number WSBR-000038-000000-000038
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Recreation
- Country Club
Building Details
- Operating Expense $8,000
- Gross Income $68,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2023
Closed on
Mar 15, 2024
Sold by
Trepanier Prop Mgmt Llc
Bought by
Hallett Jason R and Hallett Courtney L
Seller's Agent
Nicholas Trepanier
F.O. Bailey Real Estate
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,458
Avg. Annual Appreciation
5.07%
Original Mortgage
$450,000
Outstanding Balance
$443,396
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$204,062
Purchase Details
Listed on
Jun 16, 2023
Closed on
Aug 4, 2023
Sold by
Bartley Greg A and Bartley Dorcas J
Bought by
Trepanier Prop Mgmt Llc
Seller's Agent
Lauren Jones
F.O. Bailey Real Estate
Buyer's Agent
Nicholas Trepanier
F.O. Bailey Real Estate
List Price
$395,000
Sold Price
$435,000
Premium/Discount to List
$40,000
10.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.42%
Original Mortgage
$391,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hallett Jason R | $600,000 | None Available | |
| Trepanier Prop Mgmt Llc | $435,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hallett Jason R | $450,000 | |
| Previous Owner | Trepanier Prop Mgmt Llc | $391,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $600,000 | +0.8% | $174 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 12/26/2023 12/26/23 | Price Changed | $595,000 | -6.3% | $173 / Sq Ft |
| 11/29/2023 11/29/23 | For Sale | $635,000 | +46.0% | $184 / Sq Ft |
| 08/04/2023 08/04/23 | Sold | $435,000 | +10.1% | $126 / Sq Ft |
| 06/23/2023 06/23/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | For Sale | $395,000 | -- | $115 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,660 | $339,300 | $80,000 | $259,300 |
| 2022 | $5,131 | $283,500 | $66,700 | $216,800 |
| 2021 | $5,055 | $283,500 | $66,700 | $216,800 |
| 2020 | $5,063 | $283,500 | $66,700 | $216,800 |
| 2019 | $5,063 | $283,500 | $66,700 | $216,800 |
| 2018 | $4,209 | $216,800 | $58,000 | $158,800 |
| 2017 | $4,093 | $216,800 | $58,000 | $158,800 |
| 2016 | $3,989 | $216,800 | $58,000 | $158,800 |
| 2015 | $3,894 | $216,800 | $58,000 | $158,800 |
| 2014 | $3,729 | $216,800 | $58,000 | $158,800 |
| 2013 | $3,729 | $216,800 | $58,000 | $158,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Trepanier
-
Jessica Wallimann
Buyer's Agent in 2024
Jessica Wallimann
Vitalius Real Estate Group, LLC
(207) 939-6832
7 in this area
157 Total Sales
-
Lauren Jones
Seller's Agent in 2023
Lauren Jones
F.O. Bailey Real Estate
(207) 781-1111
7 in this area
75 Total Sales
Map
Source: Maine Listings
MLS Number: 1578296
APN: WSBR-000038-000000-000038
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