NOT LISTED FOR SALE

24 Lamb St Westbrook, ME 04092

Estimated Value: $531,442 - $665,000

6 Beds
2 Baths
2,578 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $550,000 $213 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,729/month

9 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Bathtub
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2022

Perfect opportunity to purchase a two-unit home in Westbrook! Close to Rock Row, Downtown Portland and easy access to 95 and 295 interstates. This two-unit has three bedrooms and one bath on each floor with an additional one bedroom and office on the third floor (unheated). Each unit has beautiful hardwood floors, dedicated heat and electric with washer/dryer hookups in the basement. Don't miss out on this solid investment opportunity!

Last Agent to Sell the Property

Heather White

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 03/16/2022

Coldwell Banker Realty

Last Buyer's Agent

Bridget King Jason Miller

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1904

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,578 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 092
  • Assessor Parcel Number WSBR-000040-000000-000092

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,640
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,107

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Lamb Street (one way) and house will be on the left.
  • Above Grade Finished Sq Ft: 2578.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1904
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2578.0
  • Property Information:Garage: No
  • 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
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 8640.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Radiator: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Exterior Entry, Bulkhead, Interior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Attic, Bathtub
  • Stories: 3

Exterior Features

  • Lot Features: Level, Sidewalks, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: 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: 6969.6
  • Parcel #: WSBR-000040-000000-000092
  • Zoning: res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 8640.0

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Block: 092
  • Tax Book Number: 36272
  • Tax Lot: 11
  • Tax Map Number: 040
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
May 6, 2022
Sold by
Fogg Mark G
Bought by
Grandoni Diana and Comeau Andrew
Seller's Agent
Heather White
Coldwell Banker Realty
Buyer's Agent
Bridget King Jason Miller
Bean Group
List Price
$549,500
Sold Price
$550,000
Premium/Discount to List
$500
0.09%
Current Estimated Value
$613,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,361
Avg. Annual Appreciation
3.26%
Original Mortgage
$467,500
Outstanding Balance
$443,108
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,253
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
Grandoni Diana $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grandoni Diana $467,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $550,000 +0.1% $213 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $549,500 -- $213 / 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 $5,718 $342,800 $81,200 $261,600
2022 $5,184 $286,400 $67,700 $218,700
2021 $5,107 $286,400 $67,700 $218,700
2020 $5,115 $286,400 $67,700 $218,700
2019 $5,115 $286,400 $67,700 $218,700
2018 $4,463 $223,700 $58,900 $164,800
2017 $4,223 $223,700 $58,900 $164,800
2016 $4,116 $223,700 $58,900 $164,800
2015 $4,018 $223,700 $58,900 $164,800
2014 $3,848 $223,700 $58,900 $164,800
2013 $3,848 $223,700 $58,900 $164,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1521832

Maine Listings

APN: WSBR-000040-000000-000092