Seller's Agent in 2022
Brit Vitalius
Vitalius Real Estate Group, LLC
(207) 318-2555
6 in this area
176 Total Sales
237 Forest St Westbrook, ME 04092
Estimated Value: $470,000 - $629,000
3
Beds
2
Baths
1,537
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Forced Air Heating System
- 2 Car Garage
- No HOA
- Hot Water Heating System
- Asbestos
About This Home
As of May 2022Outstanding house for buyers who are tired or priced out of the insane single family market. This cozy Westbrook 2-family with 2-car garage and a massive fenced-in yard is just a stone's throw from the downtown district and Rock Row development. The recent updates to the kitchen and baths and a newer efficient heating system make this a turn key proposition for the next owner. 1BR apartment on the first floor with laundry in the basement, and a 2BR unit on the second floor with laundry hookups in the unit, and a private deck overlooking the expansive backyard, located just minutes to 95 or downtown Portland! Unit #2 will be vacant by closing. Prior rent was under market. Rent listed is reflective of market rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,539
Year Built
- Built in 1900
Lot Details
- 0.34 Acre Lot
- Level Lot
- Open Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Asbestos
Interior Spaces
- 2 Full Bathrooms
- 1,537 Sq Ft Home
- Multi-Level Property
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 032
- Assessor Parcel Number WSBR-000034-000000-000032
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $7,233
- Gross Income $16,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2022
Closed on
May 6, 2022
Sold by
Gray Brandon R
Bought by
Vancuran Tanner R and Coyne Rebecca M
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Kevin Coyne
Coldwell Banker Realty
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
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
$7,304
Avg. Annual Appreciation
0.41%
Original Mortgage
$515,490
Outstanding Balance
$488,594
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$43,710
Purchase Details
Listed on
Apr 19, 2016
Closed on
Jun 10, 2016
Sold by
Kaneko Tadashi
Bought by
Gray Brandon R
Seller's Agent
Ken Hashimoto
Dan Anderson Real Estate, Inc.
Buyer's Agent
Chris Sullivan
Vitalius Real Estate Group, LLC
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$240,562
Interest Rate
3.66%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Vancuran Tanner R | $525,000 | None Available | |
| Gray Brandon R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vancuran Tanner R | $515,490 | |
| Previous Owner | Gray Brandon R | $240,562 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $525,000 | +10.5% | $342 / Sq Ft |
| 03/15/2022 03/15/22 | Pending | -- | -- | -- |
| 03/09/2022 03/09/22 | For Sale | $475,000 | +93.9% | $309 / Sq Ft |
| 06/08/2016 06/08/16 | Sold | $245,000 | +2.1% | $144 / Sq Ft |
| 04/21/2016 04/21/16 | Pending | -- | -- | -- |
| 04/19/2016 04/19/16 | For Sale | $239,900 | -- | $141 / 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 | $4,125 | $247,300 | $85,700 | $161,600 |
| 2022 | $3,593 | $198,500 | $71,300 | $127,200 |
| 2021 | $3,539 | $198,500 | $71,300 | $127,200 |
| 2020 | $3,545 | $198,500 | $71,300 | $127,200 |
| 2019 | $3,545 | $198,500 | $71,300 | $127,200 |
| 2018 | $3,124 | $156,600 | $62,000 | $94,600 |
| 2017 | $2,957 | $156,600 | $62,000 | $94,600 |
| 2016 | $2,881 | $156,600 | $62,000 | $94,600 |
| 2015 | $2,813 | $156,600 | $62,000 | $94,600 |
| 2014 | $2,694 | $156,600 | $62,000 | $94,600 |
| 2013 | $2,694 | $156,600 | $62,000 | $94,600 |
Source: Public Records
Agents Affiliated with this Home
-
Brit Vitalius
-
Chris Sullivan
Seller Co-Listing Agent in 2022
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
7 in this area
129 Total Sales
-
Kevin Coyne
K
Buyer's Agent in 2022
Kevin Coyne
Coldwell Banker Realty
(207) 831-9386
5 in this area
55 Total Sales
-
Ken Hashimoto
K
Seller's Agent in 2016
Ken Hashimoto
Dan Anderson Real Estate, Inc.
6 Total Sales
Map
Source: Maine Listings
MLS Number: 1521356
APN: WSBR-000034-000000-000032
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