Seller's Agent in 2022
Joshua Caron
Maine Community Real Estate
(207) 408-3879
6 in this area
54 Total Sales
32 State St Westbrook, ME 04092
Estimated Value: $571,196 - $737,000
6
Beds
2.5
Baths
2,793
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Country Club
- Property is near public transit
- Public Beach
- View of Trees or Woods
- Wood Flooring
About This Home
As of August 2022Who wouldn't like a little help with the mortgage? The best life hack is buying a 2 unit to live in before you buy that dream home. 32 State Street is a well maintained and modestly updated 2 unit that makes sense. With 2 large units in a beautifully maintained 1890s building located on a dead end street, this property makes a great investment to add to the established investors portfolio; It's also the perfect property for the first time homebuyer. The first floor 3 bedroom, 1.5 bathroom apartment is vacant and ready for a new tenant. It has high ornate tin ceilings, updated kitchen, shiny wood floors, and plenty of space for storage.
Last Buyer's Agent
Josh Plowman
Bean Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,112
Year Built
- Built in 1890
Lot Details
- 5,663 Sq Ft Lot
- Public Beach
- Street terminates at a dead end
- Level Lot
- Open Lot
Parking
- Gravel Driveway
Home Design
- New Englander Architecture
- Victorian Architecture
- Brick Foundation
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,793 Sq Ft Home
- 1-Story Property
- Views of Woods
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- In-Law or Guest Suite
- Bathtub
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Doghouse Basement Entry
- Interior Basement Entry
- Sump Pump
Accessible Home Design
- Level Entry For Accessibility
Outdoor Features
- Nearby Water Access
- Porch
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 032
- Assessor Parcel Number WSBR-000040-000000-000032
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Recreation
- Country Club
Building Details
- Operating Expense $19,058
- Gross Income $57,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2022
Closed on
Aug 17, 2022
Sold by
Newman Joseph M and Newman Phoebe J
Bought by
Phillips Seth A
Seller's Agent
Joshua Caron
Maine Community Real Estate
Buyer's Agent
Josh Plowman
Bean Group
List Price
$520,000
Sold Price
$560,000
Premium/Discount to List
$40,000
7.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,799
Avg. Annual Appreciation
4.33%
Original Mortgage
$560,000
Outstanding Balance
$535,970
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,829
Purchase Details
Listed on
Nov 8, 2018
Closed on
Jan 22, 2019
Sold by
Joyce James J
Bought by
Newman Phoebe J and Newman Joseph M
Seller's Agent
Tyler Hall
Keller Williams Realty
Buyer's Agent
Joshua Caron
Vitalius Real Estate Group, LLC
List Price
$379,900
Sold Price
$350,000
Premium/Discount to List
-$29,900
-7.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$314,650
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2018
Sold by
Haskell Bessie L and Haskell Elwood W
Bought by
Joyce James 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 |
|---|---|---|---|
| Phillips Seth A | $560,000 | None Available | |
| Newman Phoebe J | -- | -- | |
| Joyce James J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Phillips Seth A | $560,000 | |
| Previous Owner | Newman Phoebe J | $314,650 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $560,000 | +7.7% | $201 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/27/2022 06/27/22 | For Sale | $520,000 | +48.6% | $186 / Sq Ft |
| 01/21/2019 01/21/19 | Sold | $350,000 | -7.9% | $125 / Sq Ft |
| 12/10/2018 12/10/18 | Pending | -- | -- | -- |
| 11/08/2018 11/08/18 | For Sale | $379,900 | -- | $136 / 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 | $5,716 | $342,700 | $88,000 | $254,700 |
| 2022 | $5,189 | $286,700 | $73,300 | $213,400 |
| 2021 | $5,112 | $286,700 | $73,300 | $213,400 |
| 2020 | $5,120 | $286,700 | $73,300 | $213,400 |
| 2019 | $5,120 | $286,700 | $73,300 | $213,400 |
| 2018 | $3,468 | $178,600 | $63,800 | $114,800 |
| 2017 | $3,372 | $178,600 | $63,800 | $114,800 |
| 2016 | $3,286 | $178,600 | $63,800 | $114,800 |
| 2015 | $3,208 | $178,600 | $63,800 | $114,800 |
| 2014 | $3,072 | $178,600 | $63,800 | $114,800 |
| 2013 | $3,072 | $178,600 | $63,800 | $114,800 |
Source: Public Records
Agents Affiliated with this Home
-
Joshua Caron
-
J
Buyer's Agent in 2022
Josh Plowman
Bean Group
-
J
Buyer's Agent in 2022
Joshua Plowman
Bean Group
-
T
Seller's Agent in 2019
Tyler Hall
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1534269
APN: WSBR-000040-000000-000032
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