NOT LISTED FOR SALE

3 Friend St Kennebunk, ME 04043

Estimated Value: $341,000 - $501,000

4 Beds
2 Baths
1,865 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $285,000 $153 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,494/month

78 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Kennebunk High School Rated 9+
  • Colonial Architecture
  • 4-minute walk to Rotary Park

About This Home

As of September 2020

Are you Looking for the perfect investment property within walking distance to downtown Kennebunk and a bike's ride away to the beaches? This 2 unit multi-family consists of a 1 bedroom unit and a 3 bedroom unit, complete with many recent improvements. The interior of each unit is clean and updated and has been well cared for throughout the years. The exterior of the property also has been upgraded, with windows and siding replaced. Come see what great opportunities this building could provide you! This could make a great owner occupied or perhaps summer rental property!

Last Agent to Sell the Property

Michael Thomas

Keller Williams Realty Listed on: 09/04/2020

Keller Williams Realty

Last Buyer's Agent

Polly Cockrill

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1870

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Membrane Roofing
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,865 Sq Ft Home
  • 2-Story Property
  • Carpet

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
  • Doghouse Basement Entry
  • Interior Basement Entry
  • Sump Pump

Parking

  • Gravel Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number KENB-000054-000000-000103

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,829
  • Gross Income $29,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1865.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1865.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • 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:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 29220.0
  • Income Expenses Operating Expenses: 5829.0
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Roof:RolledHot Mop: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Parking Other Parking: Yes
  • Basement:Sump Pump: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Sump Pump, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Membrane, Rolled/Hot Mop, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Paved, Other, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: KENB-000054-000000-000103
  • Zoning: 0013 Two Unit

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29220.0
  • Annual Operating Expense: 5829.0

Tax Info

  • Tax Annual Amount: 2580.0
  • Tax Book Number: 6619
  • Tax Lot: 103
  • Tax Map Number: 54
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 11, 2020
Sold by
Cross Charlotte W
Bought by
Giguere Matthew and Giguere John P
Seller's Agent
Michael Thomas
Keller Williams Realty
Buyer's Agent
Polly Cockrill
Coldwell Banker Realty
List Price
$312,500
Sold Price
$285,000
Premium/Discount to List
-$27,500
-8.8%
Current Estimated Value
$420,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,413
Avg. Annual Appreciation
7.94%
Original Mortgage
$256,500
Outstanding Balance
$229,072
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$191,341
Source: Public Records

Range of Values:

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Average Value
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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
Giguere Matthew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giguere Matthew $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $285,000 -8.8% $153 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $312,500 -- $168 / 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 $3,180 $187,600 $61,200 $126,400
2023 $3,011 $187,600 $61,200 $126,400
2022 $2,739 $187,600 $61,200 $126,400
2021 $2,673 $187,600 $61,200 $126,400
2020 $2,655 $187,600 $61,200 $126,400
2019 $2,580 $187,600 $61,200 $126,400
2018 $2,462 $140,700 $45,900 $94,800
2017 $2,329 $140,700 $45,900 $94,800
2016 $2,237 $140,700 $45,900 $94,800
2015 $2,153 $140,700 $45,900 $94,800
2014 $2,096 $140,700 $45,900 $94,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457546

Maine Listings

APN: KENB-000054-000000-000103