NOT LISTED FOR SALE

25 Tibbetts St South Berwick, ME 03908

Estimated Value: $405,000 - $560,000

5 Beds
3.5 Baths
2,112 Sq Ft
$229/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $434,000 $205 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,987/month

132 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • No HOA
  • Marshwood High School Rated 9+
  • Attic
  • Enclosed Glass Porch

About This Home

As of September 2024

Move-in ready 2-Unit in South Berwick! Lovely neighborhood close by to shops and just over the river from the New Hampshire border. New leased solar panels installed on the roof last year provides discount on electric bill with sunny weather. Offers 1 car garage! 2 bedroom unit offers 1.5 baths (half bath downstairs) and the 3 bedroom unit offers 2 full baths (one full bath downstairs). New boiler and oil tank +/- 5 years ago. Roof installed +/-10 years ago. Only 10 minutes to Dover and 24 minutes to Portsmouth! Tons of upside on this duplex, feel free to schedule your tour today!

Last Agent to Sell the Property

Jason Elvin

Realty ONE Group - Compass Listed on: 07/01/2024

Last Buyer's Agent

Jacqueline Guido

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,304

Year Built

  • Built in 1890

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Open Lot
  • Sloped Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,112 Sq Ft Home
  • 2-Story Property
  • Attic

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Enclosed Glass Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number SBER-000031-000000-000042

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $5,068
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,304

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 2112.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2112.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 12000.0
  • Income Expenses Operating Expenses: 5068.0
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Equipment:DSL: Yes
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Heat System:Zoned: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Other Equipment: Internet Access Available, DSL, Dial-Up
  • Has Basement: Interior, Dirt Floor, Full, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Tile, Carpet
  • Interior Amenities: Attic, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Rolling/Sloping, Open, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: SBER-000031-000000-000042
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0
  • Annual Operating Expense: 5068.0

Tax Info

  • Tax Annual Amount: 4304.0
  • Tax Book Number: 3193
  • Tax Lot: 42
  • Tax Map Number: 31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Sep 26, 2024
Sold by
Lilly Michael R and Lilly Nichola J
Bought by
Bergstrom Scott A and Bergstrom Barbara A
Seller's Agent
Jason Elvin
Realty ONE Group - Compass
Buyer's Agent
Jacqueline Guido
Bean Group
List Price
$450,000
Sold Price
$434,000
Premium/Discount to List
-$16,000
-3.56%
Views
30
Current Estimated Value
$483,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,575
Avg. Annual Appreciation
11.42%
Original Mortgage
$390,600
Outstanding Balance
$386,601
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$96,974
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
Bergstrom Scott A -- None Available
Bergstrom Scott A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergstrom Scott A $390,600
Closed Bergstrom Scott A $390,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $434,000 -3.6% $205 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $450,000 +3.7% $213 / Sq Ft
06/25/2024 06/25/24 Off Market $434,000 -- --
06/08/2024 06/08/24 For Sale $450,000 +3.7% $213 / Sq Ft
05/07/2024 05/07/24 Off Market $434,000 -- --
04/27/2024 04/27/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $450,000 -- $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
2024 $5,070 $377,800 $139,700 $238,100
2023 $4,653 $333,300 $122,200 $211,100
2022 $4,502 $309,600 $116,400 $193,200
2021 $4,197 $270,100 $116,400 $153,700
2020 $4,296 $245,500 $103,000 $142,500
2019 $4,296 $228,500 $93,700 $134,800
2018 $2,445 $226,200 $99,300 $126,900
2017 $4,298 $226,200 $99,300 $126,900
2016 $4,139 $226,200 $99,300 $126,900
2015 $4,026 $226,200 $99,300 $126,900
2014 $4,004 $226,200 $99,300 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1584001

Maine Listings

APN: SBER-310420