NOT LISTED FOR SALE

Estimated Value: $550,000 - $811,000

5 Beds
3.5 Baths
2,908 Sq Ft
$225/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2022

Last sale price $625,000 $215 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,047 / mo

13 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • No HOA
  • Kennebunk High School Rated 9+
  • New Englander Architecture
  • Porch

About This Home

As of April 2022

Wonderful opportunity to own a two-unit in downtown Kennebunk! Just a short stroll to town and all that Kennebunk has to offer, this beautifully kept 1890 New Englander has many updates including vinyl windows, a TC Hafford basement system, and upgraded appliances in both units. The main unit offers 3 bedrooms and 2.5 baths, with newly renovated kitchen and bathrooms. The accessory unit offers 2 bedrooms and 1 full bathroom. This home features charming characteristics from the Victorian era like skeleton key door locks, crystal door knobs, and an original stained glass window. The sunlight drenched backyard is a perfect place for a garden or entertaining and already has a storage shed for all your gardening tools. The home could easily be converted back to a single-family residence. Great rental history for both units. The main unit is currently tenant occupied and the second unit is ready to rent now!

Last Agent to Sell the Property

Morgan Moran

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 03/23/2022

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1890

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts a freeway

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,908 Sq Ft Home
  • 2-Story Property
  • Laundry on main level
  • Property Views

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Patio
  • Shed
  • Porch

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number KENB-000054-000000-000009

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $44,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,684

Year Built

Built in 1890

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2908.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1890
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 214.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2908.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 44000.0
  • Income Expenses Operating Expenses: 5000.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • View:Fields: Yes
  • Water Heater:Tank: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Wonderful opportunity to own a two-unit in downtown Kennebunk! Just a short stroll to town and all that Kennebunk has to offer, this beautifully kept 1890 New Englander has many updates including vinyl windows, a TC Hafford basement system, and upgraded appliances in both units. The main unit offers 3 bedrooms and 2.5 baths, with newly renovated kitchen and bathrooms. The accessory unit offers 2 bedrooms and 1 full bathroom. This home features charming characteristics from the Victorian era like skeleton key door locks, crystal door knobs, and an original stained glass window. The sunlight drenched backyard is a perfect place for a garden or entertaining and already has a storage shed for all your gardening tools. The home could easily be converted back to a single-family residence. Great rental history for both units. The main unit is currently tenant occupied and the second unit is ready to rent now!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Tile, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • View: Fields
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: KENB-000054-000000-000009
  • Zoning: Village Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44000.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 4684.0
  • Tax Lot: 009
  • Tax Year: 2021

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

Closed on
Sep 26, 2014
Sold by
Bought by
Current Estimated Value
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,760
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- --
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 $346,000
Closed $50,000
Closed $50,000
Closed $288,000
Closed $50,000
Closed $267,760
Previous Owner $183,175
Previous Owner $20,000
Previous Owner $175,260
Previous Owner $164,200
Closed $39,000
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
04/28/2022 04/28/22 Sold $625,000 0.0% $215 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $625,000 -- $215 / 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 $5,452 $553,500 $199,100 $354,400
2024 $5,571 $328,700 $76,400 $252,300
2023 $5,276 $328,700 $76,400 $252,300
2022 $4,799 $328,700 $76,400 $252,300
2021 $4,684 $328,700 $76,400 $252,300
2020 $4,651 $328,700 $76,400 $252,300
2019 $4,520 $328,700 $76,400 $252,300
2018 $4,314 $246,500 $57,300 $189,200
2017 $4,080 $246,500 $57,300 $189,200
2016 $3,919 $246,500 $57,300 $189,200
2015 $3,771 $246,500 $57,300 $189,200
2014 $3,673 $246,500 $57,300 $189,200
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1521995

Maine Listings

APN: KENB-000054-000000-000009

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