NOT LISTED FOR SALE

31 Tibbetts St Brewer, ME 04412

Estimated Value: $196,000 - $261,579

3 Beds
2 Baths
1,572 Sq Ft
$149/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $234,000 $149 Per Sq Ft

Current estimated payment $1,630/month

13 Days on Market

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • Open Lot
  • No HOA
  • 1 Car Garage
  • Wood Siding

About This Home

As of June 2023

Here is a wonderful investment property in a growing area! Located on a quiet street, this duplex is set back from the commotion of downtown, yet has access to numerous amenities in a short drive or walk! This two unit property is located with a 10 minute drive to downtown Brewer, downtown Bangor, EMCC, and I-95. Call today!

Last Agent to Sell the Property

Vincent Muzychko

EXP Realty Listed on: 04/27/2023

EXP Realty

Last Buyer's Agent

Lewis Morris Nicole Drake

NextHome Experience

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,356

Year Built

  • Built in 1900

Lot Details

  • 0.55 Acre Lot
  • Open Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,572 Sq Ft Home
  • Vinyl Flooring

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number BRER-000026-000000-000143

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,974
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,356

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.55
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1572.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.55
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1572.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 20400.0
  • Income Expenses Operating Expenses: 7974.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Open Lot, Intown, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • 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: 23958.0
  • Parcel #: BRER-000026-000000-000143
  • Zoning: MDR-1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20400.0
  • Annual Operating Expense: 7974.0

Tax Info

  • Tax Annual Amount: 3356.0
  • Tax Book Number: 16537
  • Tax Lot: 143
  • Tax Map Number: 26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 23, 2023
Sold by
Freeman Res Prop Llc
Bought by
Bates-Moody Dakota
Seller's Agent
Vincent Muzychko
EXP Realty
Buyer's Agent
Lewis Morris Nicole Drake
NextHome Experience
List Price
$229,000
Sold Price
$234,000
Premium/Discount to List
$5,000
2.18%
Total Days on Market
13
Current Estimated Value
$234,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895
Avg. Annual Appreciation
0.19%
Original Mortgage
$202,380
Outstanding Balance
$198,239
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$36,656
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
Bates-Moody Dakota $234,000 None Available
Bates-Moody Dakota $234,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates-Moody Dakota $202,380
Closed Bates-Moody Dakota $202,380
Previous Owner Freeman Res Prop Llc $200,000
Previous Owner Nichols William B $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $234,000 +2.2% $149 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $229,000 +179.3% $146 / Sq Ft
05/19/2017 05/19/17 Sold $82,000 0.0% $52 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $82,000 -- $52 / 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 $3,816 $203,000 $30,600 $172,400
2023 $3,727 $185,400 $28,800 $156,600
2021 $3,356 $150,500 $28,100 $122,400
2020 $2,864 $125,900 $28,100 $97,800
2019 $2,846 $117,700 $28,100 $89,600
2018 $2,786 $123,800 $28,100 $95,700
2017 $2,786 $123,800 $28,100 $95,700
2016 $2,664 $123,800 $28,100 $95,700
2015 $2,664 $123,800 $28,100 $95,700
2014 $2,619 $125,200 $28,100 $97,100
2013 $3,102 $148,300 $15,900 $132,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1557182

Maine Listings

APN: BRER-000026-000000-000143