NOT LISTED FOR SALE

27 Eastern Ave Unit 2 Brewer, ME 04412

Estimated Value: $312,000 - $414,000

4 Beds
2 Baths
1,768 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $340,000 $192 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,266/month

125 Days on Market

Highlights

  • Nearby Water Access
  • 1.38 Acre Lot
  • Corner Lot
  • Scenic Views
  • Wooded Lot
  • 5-minute walk to Brewer Playground

About This Home

As of February 2024

Location, Location, Location. Immaculate 2 unit residential rental building on large 1.38 acre lot with potential room for more units. This building has had many updates including kitchens, bathrooms, insulation and heating systems. The heating system has been converted to natural gas. Renters are in place so this is a true turn key purchase.

Last Agent to Sell the Property

Robert McKenney

Better Homes & Gardens Real Estate/The Masiello Group Brokerage Email: robertmckenney@masiello.com Listed on: 09/04/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Susan Roberts

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1984

Lot Details

  • 1.38 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,768 Sq Ft Home
  • Multi-Level Property
  • Laminate Flooring

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Nearby Water Access
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number BRER-000031-000000-000010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $32,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.38
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS will take you right to the property
  • Above Grade Finished Sq Ft: 1768.0
  • Architectural Style: Duplex, Multi-Level
  • Garage Yn: No
  • Year Built: 1984
  • Attribution Contact: robertmckenney@masiello.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.38
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1768.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 32340.0
  • Income Expenses Operating Expenses: 6000.0
  • Style:Multi-Level: Yes
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Landscaped, Wooded, Intown, Near Shopping, Neighborhood, Subdivided
  • View: Trees/Woods, Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 60112.8
  • Parcel #: BRER-000031-000000-000010
  • Zoning: MDR-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32340.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4126.0
  • Tax Book Number: 15018
  • Tax Lot: 10
  • Tax Map Number: 31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Feb 14, 2024
Sold by
Welch Matthew
Bought by
Lockhart Scott and Lockhart Alexis
Seller's Agent
Robert McKenney
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Susan Roberts
Realty of Maine
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Views
5
Current Estimated Value
$335,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,365
Avg. Annual Appreciation
2.78%
Original Mortgage
$253,500
Outstanding Balance
$250,251
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,039

Purchase Details

Closed on
Nov 16, 2017
Sold by
Sewall Frederick L
Bought by
Welch Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.85%
Mortgage Type
New Conventional
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
Lockhart Scott $340,000 None Available
Lockhart Scott $340,000 None Available
Welch Matthew -- --
Welch Matthew -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Scott $253,500
Closed Lockhart Scott $253,500
Previous Owner Welch Matthew $135,000
Previous Owner Sewall Frederick L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $340,000 -9.8% $192 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
12/31/2023 12/31/23 Price Changed $376,900 -5.8% $213 / Sq Ft
09/04/2023 09/04/23 For Sale $399,900 -- $226 / 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 $5,146 $273,700 $31,900 $241,800
2023 $4,289 $213,400 $30,400 $183,000
2021 $4,126 $185,000 $29,200 $155,800
2020 $3,360 $147,700 $29,200 $118,500
2019 $3,322 $144,500 $29,200 $115,300
2018 $3,251 $144,500 $29,200 $115,300
2017 $3,251 $144,500 $29,200 $115,300
2016 $3,103 $144,200 $29,200 $115,000
2015 $3,103 $144,200 $29,200 $115,000
2014 $3,017 $144,200 $29,200 $115,000
2013 $3,636 $173,800 $27,300 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1570921

Maine Listings

APN: BRER-000031-000000-000010