Seller's Agent in 2021
Bill Trask
Maine Real Estate Experts
(207) 329-2630
1 in this area
71 Total Sales
308 Main St Westbrook, ME 04092
Cumberland Mills NeighborhoodEstimated Value: $591,038 - $710,000
5
Beds
2.5
Baths
2,838
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Property is near public transit
- Victorian Architecture
- Deck
- Wood Flooring
- Attic
About This Home
As of November 2021Fantastic 2-unit in the heart of the Greater Portland area. Close to all amenities including Rock Row, Market Basket, & Interstate. Two large units await an owner occupant or investor (both tenants are month-to-month). Brand new, efficient Bosch gas boiler & hot water heater. New roof last year. The first floor unit features a newly renovated bathroom, gas fireplace, 3 season sunporch, fenced in backyard plus two finished rooms & laundry in basement. 2nd floor unit has large attic area & in-unit stackable washer & dryer. Mostly hardwood floors throughout. 1 car garage with an attached shed is shared by tenants for storage. SHOWINGS BY APPOINTMENT ONLY WITH 48 HOURS NOTICE.
Last Listed By
Maine Real Estate Experts Brokerage Phone: 207-329-2630 Listed on: 08/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,626
Year Built
- Built in 1900
Lot Details
- 0.3 Acre Lot
- Landscaped
- Corner Lot
- Level Lot
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Victorian Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Screened Porch
- Attic
Flooring
- Wood
- Carpet
- Vinyl
Laundry
- Laundry on upper level
- Washer and Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Outdoor Features
- Deck
- Outbuilding
Location
- Property is near public transit
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number WSBR-000035-000000-000048
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,323
- Gross Income $38,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2022
Sold by
Libby Lee J
Bought by
Schwartz Jamison P and Schwartz Kathryn E
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Outstanding Balance
$394,037
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,406
Purchase Details
Listed on
Aug 10, 2021
Closed on
Nov 19, 2021
Sold by
Whitt Lisa R
Bought by
Libby Lee J
Seller's Agent
Bill Trask
Maine Real Estate Experts
Buyer's Agent
Ryan Caruso
J T Leahy Real Estate
List Price
$575,000
Sold Price
$512,500
Premium/Discount to List
-$62,500
-10.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$410,000
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 3, 2017
Sold by
Magnacca Lisa R
Bought by
Magnacca Lisa R and Sprague Eric J
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 |
|---|---|---|---|
| Schwartz Jamison P | $517,000 | None Available | |
| Libby Lee J | -- | None Available | |
| Magnacca Lisa R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schwartz Jamison P | $413,600 | |
| Previous Owner | Libby Lee J | $410,000 | |
| Previous Owner | Magnacca Lisa R | $50,000 | |
| Previous Owner | Mafnacca Lisa R | $10,929 | |
| Previous Owner | Magnacca Lisa R | $233,000 | |
| Previous Owner | Magnacca Lisa R | $251,200 | |
| Previous Owner | Magnacca Lisa R | $26,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $512,500 | -10.9% | $181 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 08/10/2021 08/10/21 | For Sale | $575,000 | -- | $203 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,267 | $375,700 | $85,200 | $290,500 |
| 2022 | $5,702 | $315,000 | $71,000 | $244,000 |
| 2021 | $5,616 | $315,000 | $71,000 | $244,000 |
| 2020 | $5,626 | $315,000 | $71,000 | $244,000 |
| 2019 | $5,626 | $315,000 | $71,000 | $244,000 |
| 2018 | $4,324 | $242,700 | $61,700 | $181,000 |
| 2017 | $4,582 | $242,700 | $61,700 | $181,000 |
| 2016 | $4,466 | $242,700 | $61,700 | $181,000 |
| 2015 | $4,359 | $242,700 | $61,700 | $181,000 |
| 2014 | $4,174 | $242,700 | $61,700 | $181,000 |
| 2013 | $4,174 | $242,700 | $61,700 | $181,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bill Trask
-
Ryan Caruso
R
Buyer's Agent in 2021
Ryan Caruso
J T Leahy Real Estate
(207) 939-8366
4 in this area
59 Total Sales
Map
Source: Maine Listings
MLS Number: 1504471
APN: WSBR-000035-000000-000048
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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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