J
Seller's Agent in 2018
John Harmon John Carroll
Bean Group
281 Main St Westbrook, ME 04092
Cumberland Mills NeighborhoodEstimated Value: $589,410
5
Beds
3
Baths
2,817
Sq Ft
$209/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Wood Flooring
- Main Floor Bedroom
- Deck
- New Englander Architecture
- 1 Fireplace
About This Home
As of May 2018INVESTORS! This income producing three unit is situated moments from downtown Westbrook, minutes from I-95 and the Maine Mall, and 15 minutes to downtown Portland. One - 1 bedroom unit and two - 2 bedroom units. Each unit has dedicated heat source, separate fuel sources and separate electric meters. Roof replaced in 2017. Some elbow grease in top two units could bring increased rents. Top floor and basement units currently month-to-month. 1st Floor has a lease through October. Showings to begin Saturday and Sunday, March 10th and 11th, from 10AM to 4PM. Interior photos not current.
Last Listed By
John Harmon John Carroll
Bean Group Listed on: 03/06/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,001
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Corner Lot
- Lot Has A Rolling Slope
Home Design
- New Englander Architecture
- Victorian Architecture
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Asbestos
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Deck
- Porch
Location
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 50
- Assessor Parcel Number WSBR-000041-000000-000050
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $8,796
- Gross Income $34,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2018
Closed on
May 8, 2018
Sold by
Buckley Nicholas J
Bought by
White Holly M and White Laura C
Seller's Agent
John Harmon John Carroll
Bean Group
Buyer's Agent
Stephanie Morrison
Morrison Real Estate
List Price
$320,000
Sold Price
$322,500
Premium/Discount to List
$2,500
0.78%
Total Days on Market
6
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
$266,910
Avg. Annual Appreciation
8.93%
Original Mortgage
$311,736
Outstanding Balance
$271,561
Interest Rate
4.45%
Mortgage Type
FHA
Estimated Equity
$317,849
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| White Holly M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | White Holly M | $311,736 | |
| Previous Owner | Buckley Nicholas J | $197,500 | |
| Previous Owner | Buckley Nicholas | $4,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2018 05/04/18 | Sold | $322,500 | +0.8% | $114 / Sq Ft |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- |
| 03/06/2018 03/06/18 | For Sale | $320,000 | -- | $114 / 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 | $4,897 | $293,600 | $82,000 | $211,600 |
| 2022 | $4,451 | $245,900 | $68,300 | $177,600 |
| 2021 | $4,384 | $245,900 | $68,300 | $177,600 |
| 2020 | $4,392 | $245,900 | $68,300 | $177,600 |
| 2019 | $363 | $245,900 | $68,300 | $177,600 |
| 2018 | $4,227 | $211,900 | $59,400 | $152,500 |
| 2017 | $4,001 | $211,900 | $59,400 | $152,500 |
| 2016 | $2,202 | $211,900 | $59,400 | $152,500 |
| 2015 | $3,806 | $211,900 | $59,400 | $152,500 |
| 2014 | $3,645 | $211,900 | $59,400 | $152,500 |
| 2013 | $3,645 | $211,900 | $59,400 | $152,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Stephanie Morrison
S
Buyer's Agent in 2018
Stephanie Morrison
Morrison Real Estate
(207) 879-0303
2 in this area
84 Total Sales
Map
Source: Maine Listings
MLS Number: 1340386
APN: WSBR-000041-000000-000050
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