NOT LISTED FOR SALE

263 Brown St Westbrook, ME 04092

Estimated Value: $451,366 - $898,000

6 Beds
4 Baths
3,836 Sq Ft
$173/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $225,000 $59 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $4,126/month

19 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Hot Water Heating System
  • No HOA

About This Home

As of January 2017

Along with the this large three units ability to bring a new owner rental income, this property also has a 1,000 square foot building/garage. Use the garage as another source for income. Once used as space for a roofing company and a mechanic. Being sold at 285K - under the assessed value...Come and get it!

Last Agent to Sell the Property

Michelle Libby

Keller Williams Realty Listed on: 09/29/2016

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,836 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Basement

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

Parking

  • Detached Garage
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number WSBR-000032-000000-000192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,598

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Downtown Westbrook on the Mill side of Brown Street. GREAT THREE UNIT RENTAL
  • Above Grade Finished Sq Ft: 3836.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:SqFt Finished Above Grade: 3836.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Exterior:Aluminum Siding: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 9583.2
  • Parcel #: WSBR-000032-000000-000192
  • Zoning: 11

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4598.0
  • Tax Book Number: 15404
  • Tax Lot: 192
  • Tax Map Number: 032
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Bunker Michael D
Bought by
Two07 Llc
Current Estimated Value
$661,842

Purchase Details

Listed on
Sep 29, 2016
Closed on
Feb 3, 2017
Sold by
Pierce Susan C
Bought by
Bunker Michael D
Seller's Agent
Michelle Libby
Keller Williams Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$285,000
Sold Price
$225,000
Premium/Discount to List
-$60,000
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$350,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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
Two07 Llc -- None Available
Bunker Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bunker Michael D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $225,000 -21.1% $59 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $285,000 -- $74 / 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 $7,191 $431,100 $84,000 $347,100
2022 $6,527 $360,600 $70,100 $290,500
2021 $6,429 $360,600 $70,100 $290,500
2020 $6,440 $360,600 $70,100 $290,500
2019 $6,440 $360,600 $70,100 $290,500
2018 $5,668 $284,100 $60,900 $223,200
2017 $5,364 $284,100 $60,900 $223,200
2016 $4,710 $256,000 $60,900 $195,100
2015 $4,598 $256,000 $60,900 $195,100
2014 $4,403 $256,000 $60,900 $195,100
2013 $4,403 $256,000 $60,900 $195,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1284544

Maine Listings

APN: WSBR-000032-000000-000192