NOT LISTED FOR SALE

38 Brook St Sanford, ME 04073

Estimated Value: $382,181 - $497,000

9 Beds
3 Baths
3,149 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $300,000 $95 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,589/month

11 Days on Market

Highlights

  • Main Floor Bedroom
  • Zoned Heating
  • Asbestos
  • No HOA
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2022

This wonderful in-town Sanford duplex is a great money making investment property, or could be a spacious home with tenants paying your mortgage! You'll enter unit one from it's own driveway and private entrance into a large eat in kitchen. There are 4 large bedrooms on this first floor - or perhaps you can use one room as an office or workout space. There is a full bath with shower, as well as a comfy living room, and W/D hookup. The second unit also has its own driveway and entrance, and is located on the second and third floors. This spacious unit has 6 bedrooms - two on the second floor, and four upstairs. There is a full bath on each level, along with a large kitchen, living area and laundry room.

Many updates and upgrades have already been completed and this building has a very strong rental history. Make it yours today!

Last Agent to Sell the Property

Margaret Ellis

Townsend Real Estate Listed on: 10/15/2022

Last Buyer's Agent

Sarah Donnell

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3,149 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Paved Parking

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 00027
  • Assessor Parcel Number SANF-000027-I000028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,200
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,145

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • MLS Status: Closed
  • Directions: ME-111 to Brook Street.
  • Above Grade Finished Sq Ft: 3149.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3149.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 10200.0
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Exterior:Asbestos: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 6534.0
  • Parcel #: SANF-000027-I000028
  • Zoning: UB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 10200.0

Tax Info

  • Tax Annual Amount: 4145.0
  • Tax Book Number: 18630
  • Tax Lot: 00027
  • Tax Map Number: 00128
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 22, 2022
Sold by
Pebble Cove Llc
Bought by
Muabi Ngombe and Muabi Osasuka
Seller's Agent
Margaret Ellis
Townsend Real Estate
Buyer's Agent
Sarah Donnell
Century 21 North East
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%
Views
9
Current Estimated Value
$398,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,356
Avg. Annual Appreciation
8.13%
Original Mortgage
$294,566
Outstanding Balance
$287,632
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$81,456

Purchase Details

Closed on
Apr 14, 2021
Sold by
Tatro Travis E and Snyder Eleanor L
Bought by
Pebble Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 29, 2019
Sold by
Buda Heidi L and Buda Dennis J
Bought by
Tatro Travis E and Snyder Eleanor L
Seller's Agent
Heidi Buda
Bean Group
Buyer's Agent
Margaret Ellis
Portside Real Estate Group
List Price
$215,000
Sold Price
$182,850
Premium/Discount to List
-$32,150
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$153,095
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2018
Sold by
Ouellette Tony S and Ouellette Kathleen M
Bought by
Buda Heidi L and Buda Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2009
Sold by
Townshend Graeme
Bought by
Ouellette Kathleen and Ouellette Tony
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
Muabi Ngombe $300,000 None Available
Pebble Cove Llc -- None Available
Tatro Travis E -- --
Buda Heidi L -- --
Ouellette Kathleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muabi Ngombe $294,566
Previous Owner Pebble Cove Llc $177,000
Previous Owner Tatro Travis E $153,095
Previous Owner Buda Heidi L $112,500
Previous Owner Ouellette T S $100,000
Previous Owner Ouellette Kathleen M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $300,000 +0.3% $95 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $299,000 +63.5% $95 / Sq Ft
10/29/2019 10/29/19 Sold $182,850 -15.0% $58 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $215,000 -- $68 / 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 $4,898 $303,500 $30,600 $272,900
2023 $4,554 $300,800 $30,600 $270,200
2022 $4,452 $300,800 $30,600 $270,200
2021 $4,145 $228,000 $30,600 $197,400
2020 $4,407 $218,600 $30,600 $188,000
2019 $3,821 $184,600 $30,600 $154,000
2018 $3,356 $163,700 $30,600 $133,100
2017 $2,572 $124,000 $30,600 $93,400
2016 $2,395 $105,300 $30,600 $74,700
2015 $2,321 $105,300 $30,600 $74,700
2014 $2,400 $103,000 $30,600 $72,400
2013 -- $111,000 $30,600 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1545961

Maine Listings

APN: SANF-000027-I000028