T
Seller's Agent in 2020
Tony Duong
Landing Real Estate
(207) 451-3607
38 Total Sales
29 Sargent St Westbrook, ME 04092
Estimated Value: $448,000 - $552,000
2
Beds
2
Baths
1,613
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Deck
- Wood Flooring
- Public Beach
- Property is near golf course and public transit
- No HOA
About This Home
As of November 2020Town recognized duplex that sits in a quiet neighborhood on a dead end street. Also can be used as a Single Family with In-Law apartment. This property is perfect for an owner occupied buyer who is looking to offset their monthly expenses while kicking off their investment portfolio, or for the investor who is looking for a solid property with major cash flow potential! Currently the home is owner occupied, and both units will be vacant at the time of closing (no current tenants, being used as a single family with in-law currently). Each unit has its own back deck, first floor unit has screened in 3-season front porch, and a fenced in backyard for tenants to enjoy.
Updates since current ownership include: Vinyl siding, on-demand hot water system, updated electrical and new panels, chimney lining, new fence, updates to exterior decking, separate walkway to entrance for second unit, new roof, updated bathrooms, updated flooring in upper unit kitchen, new basement windows, resurfaced wood flooring in first unit, and much more! There is separate off-street parking for both units (shared driveways, dedicated sides). Gross Rental Income/expenses are based on current market rents in the area, and current annual expenses. Here is your opportunity to own a solid rental investment in Westbrook without having to pour money into capital improvements. Purchase and start renting at market rates! Close to everything Westbrook has to offer, I-95 access, Airport, Downtown Portland, Maine Mall, and close to developing Rock Row. **Due to the amount of interest and showings, we are setting a deadline for offers to be submitted by 10/10/2020 Saturday @ 12pm. We will review offers and have a decision made by 3pm Saturday afternoon.**
Last Buyer's Agent
Kaitlyn Hall
Landing Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,051
Year Built
- Built in 1920
Lot Details
- 7,841 Sq Ft Lot
- Public Beach
- Street terminates at a dead end
- Fenced
- Landscaped
- Interior Lot
Home Design
- Bungalow
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,613 Sq Ft Home
- 2-Story Property
- Screened Porch
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
- Bathtub
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- River Nearby
- Deck
Location
- Property is near golf course and public transit
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Water Heated On Demand
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 139
- Assessor Parcel Number WSBR-000029-000000-000139
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $7,801
- Gross Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2020
Closed on
Nov 16, 2020
Sold by
Young Devan M
Bought by
Stumper Danielle M
Seller's Agent
Tony Duong
Landing Real Estate
Buyer's Agent
Kaitlyn Hall
Landing Real Estate
List Price
$285,000
Sold Price
$320,000
Premium/Discount to List
$35,000
12.28%
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
$167,008
Avg. Annual Appreciation
8.33%
Original Mortgage
$256,000
Outstanding Balance
$227,804
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$259,204
Purchase Details
Closed on
Aug 16, 2013
Sold by
Shackley James A and Shackley Christine A
Bought by
Young Devan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,528
Interest Rate
4.31%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Stumper Danielle M | -- | None Available | |
| Young Devan M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stumper Danielle M | $256,000 | |
| Previous Owner | Young Devan M | $202,528 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $320,000 | +12.3% | $198 / Sq Ft |
| 10/10/2020 10/10/20 | Pending | -- | -- | -- |
| 10/05/2020 10/05/20 | For Sale | $285,000 | -- | $177 / Sq Ft |
Source: Maine Listings
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 | $4,525 | $271,300 | $90,100 | $181,200 |
| 2022 | $4,105 | $226,800 | $75,100 | $151,700 |
| 2021 | $4,044 | $226,800 | $75,100 | $151,700 |
| 2020 | $4,051 | $226,800 | $75,100 | $151,700 |
| 2019 | $4,051 | $226,800 | $75,100 | $151,700 |
| 2018 | $2,918 | $170,300 | $65,300 | $105,000 |
| 2017 | $3,215 | $170,300 | $65,300 | $105,000 |
| 2016 | $3,134 | $170,300 | $65,300 | $105,000 |
| 2015 | $3,059 | $170,300 | $65,300 | $105,000 |
| 2014 | $2,929 | $170,300 | $65,300 | $105,000 |
| 2013 | $2,848 | $165,600 | $65,300 | $100,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Duong
-
Kaitlyn Hall
K
Buyer's Agent in 2020
Kaitlyn Hall
Landing Real Estate
(207) 756-2418
81 Total Sales
Map
Source: Maine Listings
MLS Number: 1471506
APN: WSBR-000029-000000-000139
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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