NOT LISTED FOR SALE

25 Cole St Unit 2 Westbrook, ME 04092

Estimated Value: $360,000 - $411,000

3 Beds
1 Bath
1,092 Sq Ft
$125/mo HOA Fee

Last Sold January 28, 2022

Last sale price $287,000 $263 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,457/month

9 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Baseboard Heating
  • New Englander Architecture
  • Living Room
  • Level Lot

About This Home

As of January 2022

The Frenchtown neighborhood in Westbrook has been going through a resurgence the last 5 years. Uniquely historical properties adorn the streets located within walking distance of downtown stores, restaurants, and more. With access to I-95, Portland, Gorham, Windham, and beyond, 25 Cole Unit 2 is the ideal condo to call home. 25 Cole sits on a .39-acre parcel with a well-maintained yard, private and secure storage in the basement, and ample off-street parking. Three healthy-sized carpeted bedrooms offer plenty of options to go along with the updated kitchen (with hardwood flooring and stainless steel appliances), living room, and sunroom. The entire building was completely renovated in 2007, including the addition of efficient natural-gas wall-hung boilers and sprinklers throughout. 25 Cole is graced with an abundance of natural light and found on a quiet, one-way street. Located about 20 minutes to downtown Portland and St. Joseph's College on Sebago Lake, and within 5 miles to USM Gorham. A perfect chance to reside in the lively and energetic greater Portland area with LOW monthly condo fees!

Last Agent to Sell the Property

Peter Bettinger

RE/MAX Riverside Brokerage Phone: 2074498685 Listed on: 12/16/2021

RE/MAX Riverside

Last Buyer's Agent

Angel Nichols

Bean Group

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 2007

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • Living Room
  • Sun or Florida Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Open Lot
  • City Lot

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 51 / 2
  • Assessor Parcel Number WSBR-000038-000002-000051

Community Details

Overview

  • 3 Units
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,348

Year Built

Built in 2007

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Easy to GPS, Park along Cole Street (1-way street) Unit 2 entrance is furthest from driveway and shared exterior door with Unit 3.
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 2007
  • Attribution Contact: 2074498685
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1092.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 3
  • Driveway:Common2: Yes
  • Restrictions:Breed Restrictions: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Living Room:Living Room: Yes
  • Roof:Composition2: Yes
  • Sunroom:Sunroom: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Deed Restrictions: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Condominium:_pound_ of Buildings: 1
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Fiberglass, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Breed Restrictions, Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: WSBR-000038-000002-000051
  • Zoning: Res. Growth Area 1

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3348.0
  • Tax Block: 2
  • Tax Book Number: 33486
  • Tax Lot: 51
  • Tax Map Number: 38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 28, 2022
Sold by
Estabrook James M
Bought by
Ross Sharon
Seller's Agent
Peter Bettinger
RE/MAX Riverside
Buyer's Agent
Angel Nichols
Bean Group
List Price
$280,000
Sold Price
$287,000
Premium/Discount to List
$7,000
2.5%
Current Estimated Value
$379,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,629
Avg. Annual Appreciation
7.92%
Original Mortgage
$272,650
Outstanding Balance
$252,650
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,979

Purchase Details

Listed on
Jul 28, 2016
Closed on
Sep 30, 2016
Sold by
Lancaster Michael L
Bought by
Estabrook 3Rd James M
Seller's Agent
Richie Garrett
RE/MAX Shoreline
Buyer's Agent
Lois Flaherty
Keller Williams Realty
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$174,704
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2007
Sold by
Alling Keith
Bought by
Lancaster Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.3%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ross Sharon $287,000 None Available
Estabrook 3Rd James M -- --
Lancaster Michael L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Sharon $272,650
Previous Owner Estabrook 3Rd James M $174,704
Previous Owner Lancaster Michael L $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $287,000 +2.5% $263 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $280,000 +64.8% $256 / Sq Ft
09/30/2016 09/30/16 Sold $169,900 0.0% $156 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $169,900 -- $156 / 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 $3,833 $229,800 $102,600 $127,200
2022 $3,399 $187,800 $85,500 $102,300
2021 $3,348 $187,800 $85,500 $102,300
2020 $3,354 $187,800 $85,500 $102,300
2019 $3,354 $187,800 $85,500 $102,300
2018 $3,202 $164,900 $75,000 $89,900
2017 $3,113 $164,900 $75,000 $89,900
2016 $3,034 $164,900 $75,000 $89,900
2015 $2,962 $164,900 $75,000 $89,900
2014 -- $164,900 $75,000 $89,900
2013 $2,836 $164,900 $75,000 $89,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1516660

Maine Listings

APN: WSBR-000038-000002-000051