P
Seller's Agent in 2024
Pam Gray
RE/MAX
(207) 252-0152
47 in this area
101 Total Sales
23-25 Cole St Kittery, ME 03904
Estimated Value: $455,017 - $565,000
4
Beds
2
Baths
1,400
Sq Ft
$374/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Main Floor Bedroom
- Interior Lot
- Horace Mitchell Primary School Rated A-
- No HOA
- 2-minute walk to Emery Field
About This Home
As of May 2024Great start to affordable homeownership here! You can own this whole duplex for less than the cost of renting an apartment: income from one side pays about half of the monthly payment! Each side has two bedrooms / one bath. The furnace and hot water heaters are located in the partial basement. Town water and sewer. Unit 23 is occupied, month to month. Unit 25 has fresh paint and is ready to occupy. First time buyers: see if you qualify for Maine Housing financing, with rates just under 6% (3/2024). Investors: strong rental history in the neighborhood. Within walking distance to the shipyard.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,886
Year Built
- Built in 1941
Lot Details
- 6,534 Sq Ft Lot
- Interior Lot
- Level Lot
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,400 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Partial Basement
- Exterior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
- On-Street Parking
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 109
- Assessor Parcel Number 23-25ColeStreetKittery03904
Community Details
Overview
- No Home Owners Association
- 2 Units
- Admiralty Village Subdivision
Building Details
- Operating Expense $5,528
- Gross Income $45,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2024
Closed on
May 10, 2024
Sold by
Bower Lawrence D and Bower Shiela G
Bought by
Mower Haven C and Mower Nicole
Seller's Agent
Pam Gray
RE/MAX Shoreline
Buyer's Agent
Emil Uliano
Great Island Realty, LLC
List Price
$459,900
Sold Price
$498,000
Premium/Discount to List
$38,100
8.28%
Views
32
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
$26,004
Avg. Annual Appreciation
-1.95%
Original Mortgage
$386,400
Outstanding Balance
$382,665
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$102,155
Purchase Details
Closed on
Apr 14, 2006
Sold by
Geraci 3Rd Santo
Bought by
Bower Shiela G and Bower 4Th Lawrence D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,057
Interest Rate
6.28%
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 |
|---|---|---|---|
| Mower Haven C | -- | None Available | |
| Mower Haven C | -- | None Available | |
| Bower Shiela G | -- | -- | |
| Bower Shiela G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mower Haven C | $386,400 | |
| Closed | Mower Haven C | $386,400 | |
| Previous Owner | Bower Lawrence D | $213,371 | |
| Previous Owner | Bower 3Rd Lawrence D | $244,180 | |
| Previous Owner | Bower Shiela G | $245,622 | |
| Previous Owner | Bower Shiela G | $245,057 | |
| Previous Owner | Geraci Hannah | $198,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $498,000 | +8.3% | $356 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 04/03/2024 04/03/24 | For Sale | $459,900 | -- | $329 / 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 |
|---|---|---|---|---|
| 2024 | $4,054 | $285,500 | $109,700 | $175,800 |
| 2023 | $3,886 | $285,500 | $109,700 | $175,800 |
| 2022 | $3,849 | $285,500 | $109,700 | $175,800 |
| 2021 | $3,712 | $285,500 | $109,700 | $175,800 |
| 2020 | $3,683 | $285,500 | $109,700 | $175,800 |
| 2019 | $3,343 | $192,100 | $65,000 | $127,100 |
| 2018 | $3,086 | $192,100 | $65,000 | $127,100 |
| 2017 | $2,952 | $178,900 | $65,000 | $113,900 |
| 2016 | $2,871 | $178,900 | $65,000 | $113,900 |
| 2015 | $2,803 | $178,900 | $65,000 | $113,900 |
| 2014 | $2,777 | $178,900 | $65,000 | $113,900 |
| 2013 | $2,723 | $178,900 | $65,000 | $113,900 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Gray
-
Emil Uliano
Buyer's Agent in 2024
Emil Uliano
Great Island Realty, LLC
(603) 557-7329
7 in this area
130 Total Sales
Map
Source: Maine Listings
MLS Number: 1585561
APN: KITT-000016-000000-000109
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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