NOT LISTED FOR SALE

Estimated Value: $520,921 - $575,000

5 Beds
2.5 Baths
2,019 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $525,000 $260 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,383/month

9 Days on Market

Highlights

  • Post and Beam
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Fraser Field

About This Home

As of January 2024

Solid 2 unit with separate utilities in the heart of Westbrook! Live in one unit and use the other unit to help pay your mortgage, or buy this as an investment property in the ever-growing and desirable town of Westbrook! Side by side townhouse-style units make this property even more desirable! The left side has 3 beds 1 bath, and the right side has 3-4 bedrooms and 1.5 baths. Laundry hookups on site. Nice fenced in backyard, separate basements for each unit, and 3-4 parking spots. To view a full video walk through tour, head over YouTube and search the property address. Thanks for viewing! 24 hour notice required for showings.

Last Agent to Sell the Property

Mandy Wheeler

U&R Real Estate Listed on: 11/30/2023

Last Buyer's Agent

Michael Fitzgibbons

Locations Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1900

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • Post and Beam
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,019 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 253
  • Assessor Parcel Number WSBR-000034-000000-000253

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,400
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,644

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
  • Directions: GPS friendly
  • Above Grade Finished Sq Ft: 2019.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2019.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 58800.0
  • Income Expenses Operating Expenses: 2400.0
  • Style:Multi-Level: Yes
  • Construction:Post Beam: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Post & Beam
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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-000034-000000-000253
  • Zoning: 11 Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 58800.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 3644.0
  • Tax Book Number: 35288
  • Tax Lot: 253
  • Tax Map Number: 34
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jan 19, 2024
Sold by
Hadi Ryam and Hadi Adnan Maan
Bought by
Moumneh Walid
Seller's Agent
Mandy Wheeler
U&R Real Estate
Buyer's Agent
Michael Fitzgibbons
Locations Real Estate Group LLC
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Views
1
Current Estimated Value
$551,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,980
Avg. Annual Appreciation
2.95%
Original Mortgage
$393,750
Outstanding Balance
$389,011
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$160,207

Purchase Details

Closed on
Nov 15, 2018
Sold by
Bk Properties Llc
Bought by
Adnan Maan and Hadi Ryam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Interest Rate
4.7%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 2, 2017
Closed on
Dec 7, 2017
Sold by
Kennie Vickie G and Kennie Preston E
Bought by
Bk Properties Llc
Seller's Agent
Jessica Falcone
Portside Real Estate Group
Buyer's Agent
Kermit Stanley
Century 21 Northeast Associates
List Price
$219,900
Sold Price
$150,000
Premium/Discount to List
-$69,900
-31.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%
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
Moumneh Walid $525,000 None Available
Adnan Maan -- --
Bk Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moumneh Walid $393,750
Previous Owner Adnan Maan G $18,424
Previous Owner Adnan Maan G $301,909
Previous Owner Adnan Maan $301,439
Previous Owner Bk Properties Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $525,000 -4.5% $260 / Sq Ft
12/09/2023 12/09/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $550,000 +266.7% $272 / Sq Ft
11/30/2017 11/30/17 Sold $150,000 -31.8% $74 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $219,900 -- $109 / 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 $4,020 $241,000 $80,000 $161,000
2022 $3,644 $201,300 $66,700 $134,600
2021 $3,589 $201,300 $66,700 $134,600
2020 $3,595 $201,300 $66,700 $134,600
2019 $3,595 $201,300 $66,700 $134,600
2018 $3,262 $163,500 $58,000 $105,500
2017 $3,087 $163,500 $58,000 $105,500
2016 $3,008 $163,500 $58,000 $105,500
2015 $2,936 $163,500 $58,000 $105,500
2014 $2,812 $163,500 $58,000 $105,500
2013 $2,812 $163,500 $58,000 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578368

Maine Listings

APN: WSBR-000034-000000-000253