NOT LISTED FOR SALE

24 Water St Newport, ME 04953

Estimated Value: $166,000 - $253,000

3 Beds
2 Baths
1,960 Sq Ft
$104/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $16,000 $8 Per Sq Ft

Est. 1,180% increase in value since last sale

Current estimated payment $1,321/month

11 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Forced Air Heating System
  • Colonial Architecture
  • No HOA
  • 2-minute walk to Riverwalk Park

About This Home

As of December 2015

Large 2 unit in need of repair. Priced for quick sale.

Last Agent to Sell the Property

Mark Beal

Beal Realty Listed on: 10/10/2015

Co-Listed By

Kerri Beal

Beal Realty

Last Buyer's Agent

Bill Trask

Bean Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 0.47 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,960 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 25
  • Assessor Parcel Number M15LT25

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2058
  • Co List Office Phone: 207-949-4862
  • MLS Status: Closed
  • Directions: On Water Street across from the Town Office.
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: Colonial
  • Building Stories: 3
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.47
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1960.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: 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
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Other, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Public Beach, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20473.2
  • Parcel #: M15LT25
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1513.0
  • Tax Book Number: 13896
  • Tax Lot: 25
  • Tax Map Number: 15
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2015
Closed on
Dec 4, 2015
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Cross Way Llc
Seller's Agent
Mark Beal
Beal Realty
Buyer's Agent
Bill Trask
Bean Group
List Price
$20,800
Sold Price
$16,000
Premium/Discount to List
-$4,800
-23.08%
Current Estimated Value
$204,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,872
Avg. Annual Appreciation
30.20%

Purchase Details

Closed on
Jul 14, 2015
Sold by
Tracy Owen B
Bought by
Deutsche Bk Natl T Co Tr

Purchase Details

Closed on
May 10, 2006
Sold by
Carter Michael O
Bought by
Tracy Owen B and Tracy Bonnie S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cross Way Llc $16,500 --
Deutsche Bk Natl T Co Tr -- --
Tracy Owen B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crossway Llc $97,500
Previous Owner Tracy Owen B $113,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Sold $16,000 -23.1% $8 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
10/10/2015 10/10/15 For Sale $20,800 -- $11 / 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
2024 $2,263 $129,300 $23,700 $105,600
2023 $1,971 $120,900 $22,200 $98,700
2022 $1,872 $95,500 $17,500 $78,000
2021 $1,883 $91,400 $16,800 $74,600
2020 $1,846 $89,600 $16,400 $73,200
2019 $1,800 $84,500 $15,500 $69,000
2018 $1,800 $84,500 $15,500 $69,000
2017 $1,690 $84,500 $15,500 $69,000
2016 $1,639 $84,500 $15,500 $69,000
2015 $1,513 $84,500 $15,500 $69,000
2014 $1,453 $84,500 $15,500 $69,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1240678

Maine Listings

APN: NEPT-000015-000000-000025