NOT LISTED FOR SALE

3 Welch Rd Windham, ME 04062

Estimated Value: $490,000 - $673,000

5 Beds
3 Baths
2,979 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $270,000 $91 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,457/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Wooded Lot
  • Corner Lot
  • Landscaped

About This Home

As of August 2017

Well maintained 2 unit, close to North Windham and all the lakes region has to offer. Currently owner occupied the 1st floor 3 bedroom has an updated kitchen, master bedroom with bath, walk in closets and a deck. The second floor 2 bedroom has two good sized bedrooms and den and would be able to generate steady monthly rental income. Whether you are looking to owner occupy or as an investment 3 Welsh Road in Windham is a must see.

Last Agent to Sell the Property

Benjamin Schulz

Vitalius Real Estate Group, LLC Listed on: 06/23/2017

Last Buyer's Agent

Patrick Matheson

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,303

Year Built

  • Built in 1900

Lot Details

  • 0.62 Acre Lot
  • Landscaped
  • Corner Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,979 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number WINM-000048-000000-000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,303

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.62
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 302 West to Welsh Rd. First house on left. Sign on 302. If using GPS use Welch Road.
  • Above Grade Finished Sq Ft: 2979.0
  • Architectural Style: Colonial, Farmhouse
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 90.63
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.62
  • Property Information:SqFt Finished Above Grade: 2979.0
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Basement:Crawl Space: Yes
  • Basement:Slab2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Advertising Remarks:Advertising Remarks: Well maintained 2 unit, close to North Windham and all the lakes region has to offer. Currently owner occupied the 1st floor 3 bedroom has an updated kitchen, master bedroom with bath, walk in closets and a deck. The second floor 2 bedroom has two good sized bedrooms and den and would be able to generate steady monthly rental income. Whether you are looking to owner occupy or as an investment 3 Welsh Road in Windham is a must see.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Partial, Exterior Only, Unfinished
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate, Carpet

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Landscaped, Wooded, Near Shopping, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.2
  • Parcel #: WINM-000048-000000-000009
  • Zoning: RM

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4303.0
  • Tax Lot: 9
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 28, 2017
Sold by
Bruton Kelly A
Bought by
Parlin Adam P
Seller's Agent
Benjamin Schulz
Vitalius Real Estate Group, LLC
Buyer's Agent
Patrick Matheson
Keller Williams Realty
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Current Estimated Value
$565,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,128
Avg. Annual Appreciation
9.32%
Original Mortgage
$275,805
Outstanding Balance
$231,117
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$334,011

Purchase Details

Listed on
Jan 4, 2016
Closed on
May 27, 2016
Sold by
Schares Kristine M and Dobson David A
Bought by
Bruton Kelly A
Seller's Agent
Joyce Frost
Bean Group
Buyer's Agent
AmyBeth Brochu-Krikken
Coldwell Banker Team Real Estate
List Price
$259,000
Sold Price
$255,500
Premium/Discount to List
-$3,500
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$250,871
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2014
Sold by
Schares Kristine M
Bought by
Schares Kristine M and Dobson David A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parlin Adam P -- --
Bruton Kelly A -- --
Schares Kristine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parlin Adam P $275,805
Closed Bruton Kelly A $250,871
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2017 08/25/17 Sold $270,000 -1.8% $91 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $274,900 +7.6% $92 / Sq Ft
05/27/2016 05/27/16 Sold $255,500 -1.4% $86 / Sq Ft View Prior Sale
03/31/2016 03/31/16 Pending -- -- --
01/03/2016 01/03/16 For Sale $259,000 -- $87 / 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 $5,920 $516,100 $126,300 $389,800
2023 $5,450 $486,600 $117,400 $369,200
2022 $5,025 $432,800 $104,100 $328,700
2021 $5,313 $421,700 $114,200 $307,500
2020 $15,626 $350,400 $77,300 $273,100
2019 $1,281 $350,400 $77,300 $273,100
2018 $1,458 $302,200 $62,600 $239,600
2017 $2,370 $283,900 $66,500 $217,400
2016 $4,303 $274,100 $66,500 $207,600
2015 $4,153 $274,100 $66,500 $207,600
2014 $3,656 $265,200 $66,500 $198,700
2013 $3,832 $265,200 $66,500 $198,700
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Benjamin Schulz

    Vitalius Real Estate Group, LLC

  • P

    Buyer's Agent in 2017

    Patrick Matheson

    Keller Williams Realty

  • J

    Seller's Agent in 2016

    Joyce Frost

    Bean Group

  • S

    Seller Co-Listing Agent in 2016

    Suzanne Lowell

    Bean Group

  • A

    Buyer's Agent in 2016

    AmyBeth Brochu-Krikken

    Coldwell Banker Team Real Estate

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Map

Source: Maine Listings

MLS Number: 1313874

Maine Listings

APN: WINM-000048-000000-000009

Maine Cumberland County Windham 04062

3 Welch Rd, Windham, ME

Not Listed for Sale

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