K
Seller's Agent in 2020
Katie Kinney
Landing Real Estate
(603) 205-2276
4 in this area
70 Total Sales
263 Forest St Westbrook, ME 04092
Cumberland Mills Neighborhood
--
Bed
2
Baths
1,530
Sq Ft
7,405
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- Level Lot
- No HOA
About This Home
As of October 2020Recently rehabbed and updated 2 unit in great location with a back yard! New Roof, heating system, kitchens and bathrooms. Most windows have been replaced. a The interior of both units and the exterior have been painted through out. Perfect cash flow investment property or owner occupied 2 unit. This property is also in a opportunity zone which allows for tax breaks in the future.
Last Agent to Sell the Property
Landing Real Estate Brokerage Phone: 6032052276 Listed on: 09/09/2020
Last Buyer's Agent
Jennifer Tabb
Coldwell Banker Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,904
Year Built
- Built in 1920
Lot Details
- 7,405 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,530 Sq Ft Home
- Multi-Level Property
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Listing and Financial Details
- Tax Lot 38
- Assessor Parcel Number WSBR-000034-000000-000028
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $6,303
- Gross Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2023
Sold by
Paul Channing P and Sheer Aaron
Bought by
263 Forest St Llc
Current Estimated Value
Purchase Details
Closed on
Jun 13, 2019
Sold by
Marion Capital Group Llc
Bought by
Winstonsmith Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Feb 10, 2019
Closed on
Feb 15, 2019
Sold by
Lake Cabins Llc
Bought by
Marion Capital Group Llc
Seller's Agent
Alexander Matthews
The Atlantic Real Estate Network
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$209,999
Sold Price
$209,999
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$131,600
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Feb 10, 2019
Closed on
Dec 27, 2018
Sold by
Postupack Richard R Est
Bought by
Lake Cabins Llc
Seller's Agent
Alexander Matthews
The Atlantic Real Estate Network
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$209,999
Sold Price
$209,999
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Personal Reps Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $256,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $131,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $125,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2020 10/27/20 | Sold | $345,000 | -1.4% | $225 / Sq Ft |
| 09/22/2020 09/22/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $350,000 | +66.7% | $229 / Sq Ft |
| 02/15/2019 02/15/19 | Sold | $209,999 | 0.0% | $137 / Sq Ft |
| 02/11/2019 02/11/19 | Pending | -- | -- | -- |
| 02/10/2019 02/10/19 | For Sale | $209,999 | -- | $137 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,440 | $266,200 | $81,600 | $184,600 |
| 2022 | $4,027 | $222,500 | $68,000 | $154,500 |
| 2021 | $3,967 | $222,500 | $68,000 | $154,500 |
| 2020 | $3,904 | $218,600 | $68,000 | $150,600 |
| 2019 | $3,904 | $218,600 | $68,000 | $150,600 |
| 2018 | $2,689 | $164,500 | $59,200 | $105,300 |
| 2017 | $3,106 | $164,500 | $59,200 | $105,300 |
| 2016 | $3,027 | $164,500 | $59,200 | $105,300 |
| 2015 | $2,954 | $164,500 | $59,200 | $105,300 |
| 2014 | $2,829 | $164,500 | $59,200 | $105,300 |
| 2013 | $2,829 | $164,500 | $59,200 | $105,300 |
Source: Public Records
Agents Affiliated with this Home
-
Katie Kinney
-
J
Buyer's Agent in 2020
Jennifer Tabb
Coldwell Banker Realty
-
A
Seller's Agent in 2019
Alexander Matthews
The Atlantic Real Estate Network
-
N
Buyer's Agent in 2019
NON-MREIS AGENT
Non MREIS Agency
Map
Source: Maine Listings
MLS Number: 1467523
APN: WSBR-000034-000000-000028
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