J
Seller's Agent in 2024
Jason Erwin
EXP Realty
(978) 407-3255
33 Total Sales
27 Elm St Brewer, ME 04412
Estimated Value: $302,000 - $351,285
5
Beds
3
Baths
2,350
Sq Ft
$136/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Bathtub
- Corner Lot
- Double Pane Windows
- Zoned Heating
About This Home
As of July 2024Explore the potential of this multi-unit property at 27 Elm St, Brewer, ME, ideal for both owner-occupants and investors. This property features three units: two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit, priced at $325,000. Recent upgrades include a new roof, new siding, a new deck, and the renovation of one unit, enhancing appeal and minimizing future maintenance. The building hosts two long-term tenants, and one newly renovated unit that is ready to rent. Ample off-street parking adds convenience. This investment promises consistent occupancy and a robust income stream, making it a valuable addition to any portfolio. Contact us today to learn more or schedule a viewing.
Last Buyer's Agent
Nicole Drake
ERA Dawson-Bradford Co.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,134
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,350 Sq Ft Home
- Multi-Level Property
- Double Pane Windows
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Bathtub
- Shower Only
Eco-Friendly Details
- Energy-Efficient Lighting
- ENERGY STAR/CFL/LED Lights
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
Listing and Financial Details
- Tax Lot 92
- Assessor Parcel Number BRER-000022-000000-000092
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $3,134
- Gross Income $38,220
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Jason Erwin
EXP Realty
Buyer's Agent
Nicole Drake
ERA Dawson-Bradford Co.
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,679
Avg. Annual Appreciation
-5.88%
Original Mortgage
$270,000
Outstanding Balance
$265,584
Interest Rate
7.02%
Mortgage Type
Commercial
Estimated Equity
$53,737
Purchase Details
Listed on
May 17, 2024
Closed on
May 17, 2024
Sold by
Bought by
Seller's Agent
Jason Erwin
EXP Realty
Buyer's Agent
Nicole Drake
ERA Dawson-Bradford Co.
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$265,584
Interest Rate
7.02%
Mortgage Type
Commercial
Estimated Equity
$53,737
Purchase Details
Closed on
Nov 28, 2023
Sold by
Bought by
Purchase Details
Closed on
Nov 6, 2023
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | None Available | ||
| $360,000 | None Available | ||
| $360,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $160,500 | None Available | ||
| $160,500 | None Available | ||
| $160,500 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $270,000 | ||
| Closed | $270,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2024 07/01/24 | Sold | $360,000 | +10.8% | $153 / Sq Ft |
| 05/23/2024 05/23/24 | Pending | -- | -- | -- |
| 05/17/2024 05/17/24 | For Sale | $325,000 | -- | $138 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,130 | $268,200 | $23,700 | $244,500 |
| 2024 | $3,281 | $174,500 | $23,700 | $150,800 |
| 2023 | $3,134 | $155,900 | $21,900 | $134,000 |
| 2021 | $2,995 | $134,300 | $21,800 | $112,500 |
| 2020 | $2,455 | $107,900 | $21,800 | $86,100 |
| 2019 | $2,639 | $114,800 | $21,800 | $93,000 |
| 2018 | $2,374 | $105,500 | $21,800 | $83,700 |
| 2017 | $2,374 | $105,500 | $21,800 | $83,700 |
| 2016 | $2,270 | $105,500 | $21,800 | $83,700 |
| 2015 | $2,270 | $105,500 | $21,800 | $83,700 |
| 2014 | $2,207 | $105,500 | $21,800 | $83,700 |
| 2013 | $2,255 | $107,800 | $12,900 | $94,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Erwin
-
Rylee Knox
R
Seller Co-Listing Agent in 2024
Rylee Knox
EXP Realty
(207) 240-2446
118 Total Sales
-
N
Buyer's Agent in 2024
Nicole Drake
ERA Dawson-Bradford Co.
-
Lewis Morrison Nicole Drake
Buyer's Agent in 2024
Lewis Morrison Nicole Drake
NextHome Experience
(207) 343-0143
401 Total Sales
Map
Source: Maine Listings
MLS Number: 1590055
APN: BRER-000022-000000-000092
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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