NOT LISTED FOR SALE

291 Main St Westbrook, ME 04092

Estimated Value: $543,206 - $732,000

6 Beds
2 Baths
2,869 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $495,000 $173 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,931/month

132 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • Victorian Architecture
  • Baseboard Heating
  • Wood Siding

About This Home

As of August 2021

Investment opportunity. large Victorian located minutes to Portland. property is on the bus line and walking distance to Rock Row. This well maintained Victorian still holds its charm, boasting 9' ceilings ,built ins and crown molding. many updates have been done -roof 2007- windows 2008, new gas furnace 2021 , 2 story deck 2017 as well as updated kitchens and baths. Additional opportunities to explore with unused finished space on the 3rd floor. rents are below market.

Last Agent to Sell the Property

Gregory Souza

American Real Estate Listed on: 05/21/2021

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2 Full Bathrooms
  • 2,869 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number WSBR-000041-000000-000036

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,684
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2869.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2869.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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
  • 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
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 38400.0
  • Income Expenses Operating Expenses: 8684.0
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Radiator: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, 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: 6098.4
  • Parcel #: WSBR-000041-000000-000036
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0
  • Annual Operating Expense: 8684.0

Tax Info

  • Tax Annual Amount: 4497.0
  • Tax Book Number: 30673
  • Tax Lot: 36
  • Tax Map Number: 41
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 10, 2021
Sold by
Pieper Aaron J and Pieper Alicia D
Bought by
Barbetti Federico and Welty Brooke L
Seller's Agent
Gregory Souza
American Real Estate
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$529,000
Sold Price
$495,000
Premium/Discount to List
-$34,000
-6.43%
Current Estimated Value
$653,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,052
Avg. Annual Appreciation
6.94%
Original Mortgage
$420,750
Outstanding Balance
$384,788
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$268,264

Purchase Details

Closed on
May 24, 2013
Sold by
Pieper Kevin R and Pieper Aaron J
Bought by
Pieper Aaron J and Pieper Alicia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
3.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2007
Sold by
Jacobson Richard L
Bought by
Pieper Kevin R and Pieper Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,200
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Barbetti Federico -- None Available
Pieper Aaron J -- --
Pieper Kevin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbetti Federico $420,750
Previous Owner Pieper Kevin R $10,285
Previous Owner Pieper Kevin R $192,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $495,000 -6.4% $173 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $529,000 -- $184 / 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
2023 $5,619 $336,900 $80,000 $256,900
2022 $5,095 $281,500 $66,700 $214,800
2021 $4,490 $251,800 $66,700 $185,100
2020 $4,497 $251,800 $66,700 $185,100
2019 $4,497 $251,800 $66,700 $185,100
2018 $3,671 $183,900 $58,000 $125,900
2017 $3,570 $189,100 $58,000 $131,100
2016 $3,479 $189,100 $58,000 $131,100
2015 $3,396 $189,100 $58,000 $131,100
2014 $3,253 $189,100 $58,000 $131,100
2013 $3,253 $189,100 $58,000 $131,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480569

Maine Listings

APN: WSBR-000041-000000-000036