NOT LISTED FOR SALE

Estimated Value: $603,000 - $706,513

6 Beds
3 Baths
2,332 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $535,000 $229 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,117/month

9 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Deck
  • Public Beach
  • Scenic Views
  • 4-minute walk to Fraser Field

About This Home

As of July 2021

3 unit property on a corner lot of a quiet street in Westbrook. This is a great property to begin your real estate portfolio of investments. If you intend to owner occupy, 2 of the units will pay a lion's share of your mortgage and housing expenses while you build equity and save! The first floor 2 bedroom unit will be available for the new owner at closing or for the new owner to choose their perfect tenants; the other 2 leases will transfer to the new owner at closing. We will be having 2 group showings scheduled for Wednesday, June 9 and Saturday June 12 at 12:00pm to 2:00pm.

Last Agent to Sell the Property

Joshua Caron

Maine Community Real Estate Listed on: 06/07/2021

Last Buyer's Agent

Ethan Morton

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,892

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,332 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Scenic Vista Views
  • Storm Doors
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Parking

  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 264
  • Assessor Parcel Number WSBR-000034-000000-000264

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Building Details

  • Operating Expense $13,024
  • Gross Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,892

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Haskell. Corner of Hawks St and Haskell. Sign on the property
  • Above Grade Finished Sq Ft: 2332.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2332.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: 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
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 46800.0
  • Income Expenses Operating Expenses: 13024.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Utility Info Electric On Site: Yes
  • Amenities:In-Law Apartment: Yes
  • Transportation:Deep Water Access: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Fiberglass: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Parking:Tandem2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, In-Law Floorplan, One-Floor Living, Shower, Storage

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Slab, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Fiberglass
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: WSBR-000034-000000-000264
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 46800.0
  • Annual Operating Expense: 13024.0

Tax Info

  • Tax Annual Amount: 4892.0
  • Tax Book Number: 34475
  • Tax Lot: 264
  • Tax Map Number: 034
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 26, 2021
Sold by
Pearson Mark W
Bought by
Prescott Joshua M
Seller's Agent
Joshua Caron
Maine Community Real Estate
Buyer's Agent
Ethan Morton
Keller Williams Realty
List Price
$500,000
Sold Price
$535,000
Premium/Discount to List
$35,000
7%
Current Estimated Value
$659,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,878
Avg. Annual Appreciation
4.33%
Original Mortgage
$525,309
Outstanding Balance
$483,180
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$151,661

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 20, 2017
Sold by
Bourgeois Kelly A
Bought by
Pearson Mark W
Seller's Agent
Kim Carignan
Coldwell Banker Realty
Buyer's Agent
Joshua Caron
Benchmark Real Estate
List Price
$320,000
Sold Price
$307,000
Premium/Discount to List
-$13,000
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.29%
Original Mortgage
$296,753
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Ferron Donna L Est
Bought by
Bourgeois Kelly A
Source: Public Records

Range of Values:

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Average Value
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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
Prescott Joshua M -- None Available
Pearson Mark W -- --
Bourgeois Kelly A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prescott Joshua M $525,309
Previous Owner Pearson Mark W $30,000
Previous Owner Pearson Mark W $296,753
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $535,000 +7.0% $229 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $500,000 +62.9% $214 / Sq Ft
11/20/2017 11/20/17 Sold $307,000 -4.1% $124 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $320,000 -- $129 / 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 $5,676 $340,300 $78,900 $261,400
2022 $5,157 $284,900 $65,700 $219,200
2021 $5,080 $284,900 $65,700 $219,200
2020 $4,892 $273,900 $65,700 $208,200
2019 $4,892 $273,900 $65,700 $208,200
2018 $4,515 $226,300 $57,200 $169,100
2017 $4,273 $226,300 $57,200 $169,100
2016 $4,164 $226,300 $57,200 $169,100
2015 $4,064 $226,300 $57,200 $169,100
2014 $3,892 $226,300 $57,200 $169,100
2013 $3,892 $226,300 $57,200 $169,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1494912

Maine Listings

APN: WSBR-000034-000000-000264