NOT LISTED FOR SALE

29 Kings Ct Brewer, ME 04412

Estimated Value: $252,000 - $387,000

4 Beds
2 Baths
2,012 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $249,000 $124 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,210/month

34 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • No HOA
  • Deck
  • Main Floor Bedroom
  • Double Pane Windows

About This Home

As of December 2021

Looking for that next investment property or simply one to just occupy that wont break the bank with a huge amount of repairs. This Brewer duplex has been remodeled within the past 8 years to keep you collecting the rent check instead of paying out for repairs. Many updates include new foundation, windows, flooring, heat system, kitchen cabinets and tops, appliances, decks, wiring and electrical fixtures, plumbing and kitchen and bath fixtures, and even as far as adding 1'' foam insulation to the exterior of the home to make this home much more energy efficient and keeping those propane expenses down. With each unit being a larger 2 bed / 1 bath and both having laundry hook ups in each and a full kitchen the tenants you place will be sure to love the refreshed units. This home is on city water and city sewer so no worries about taking care of a well and septic. Another great feature is this property is a short walk to public transport and that is a huge consideration typically for a lot of inquiring tenants it seems today. Call today to schedule your showing.

Last Agent to Sell the Property

Isaac Raymond

NextHome Experience Listed on: 10/29/2021

NextHome Experience

Last Buyer's Agent

Stanley Murphy

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1900

Lot Details

  • 0.35 Acre Lot
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

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

Interior Spaces

  • 2,012 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Gravel Driveway
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number BRER-000025-000000-000074

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $9,176
  • Gross Income $27,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From 395E take the South Main Street Exit turn left off the ramp and travel 1/2 mile - Kings Ct will be on left side just before Caps Tavern - turn left and near the top of the hill 29 will be on right side.
  • Above Grade Finished Sq Ft: 2012.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Efficiency: Insulated Foundation, Energy Star Appliances, Double Pane Windows
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2012.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 27048.0
  • Income Expenses Operating Expenses: 9176.14
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Location:Near Railroad: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Basement Entry:Exterior Only: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Shower, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water, Forced Air, 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: 15246.0
  • Parcel #: BRER-000025-000000-000074
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27048.0
  • Annual Operating Expense: 9176.14

Tax Info

  • Tax Annual Amount: 2960.0
  • Tax Book Number: 15039
  • Tax Lot: 74
  • Tax Map Number: 25
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 8, 2021
Sold by
Freedom Rentals Llc
Bought by
Murphy Andrew J and Ryan Katelyn P
Seller's Agent
Isaac Raymond
NextHome Experience
Buyer's Agent
Stanley Murphy
NextHome Experience
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$322,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,118
Avg. Annual Appreciation
5.55%
Original Mortgage
$244,489
Outstanding Balance
$227,241
Interest Rate
3.14%
Mortgage Type
FHA
Estimated Equity
$77,033

Purchase Details

Closed on
Jan 7, 2014
Sold by
Moore Judith A
Bought by
Moore Judith A and Moore Jerome L

Purchase Details

Closed on
Sep 24, 2010
Sold by
Moore Judith A
Bought by
Moore Judith A and Moore Jerome L
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
Murphy Andrew J -- None Available
Murphy Andrew J -- None Available
Moore Judith A -- --
Moore Judith A -- --
Moore Judith A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Andrew J $244,489
Closed Murphy Andrew J $244,489
Previous Owner Mclaughlin James R $85,000
Previous Owner Mclaughlin James R $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $249,000 0.0% $124 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $249,000 +611.4% $124 / Sq Ft
08/21/2015 08/21/15 Sold $35,000 -53.3% $18 / Sq Ft
07/30/2015 07/30/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $75,000 -- $39 / 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 $5,460 $290,400 $28,600 $261,800
2023 $5,304 $263,900 $26,600 $237,300
2021 $3,341 $149,800 $26,200 $123,600
2020 $2,964 $130,300 $26,200 $104,100
2019 $3,311 $144,000 $26,200 $117,800
2018 $2,894 $128,600 $26,200 $102,400
2017 $2,894 $128,600 $26,200 $102,400
2016 $2,189 $101,700 $26,200 $75,500
2015 $1,950 $90,600 $26,000 $64,600
2014 $2,079 $99,400 $26,000 $73,400
2013 $2,619 $125,200 $14,300 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1510361

Maine Listings

APN: BRER-000025-000000-000074