NOT LISTED FOR SALE

38 Smith Rd Windham, ME 04062

Estimated Value: $468,000 - $536,000

4 Beds
2 Baths
1,786 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $361,000 $202 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,990/month

5 Days on Market

Highlights

  • Deck
  • No HOA
  • Shed
  • Ranch Style House
  • Cooling Available
  • Tile Flooring

About This Home

As of September 2020

THIS IS YOUR AMAZING OPPORTUNITY TO OWN THIS PRISTINE DUPLEX WITH (2) TWO BEDROOM UNITS ON A GORGEOUS PRIVATE .74 ACRE LOT IN ONE OF THE MOST DESIRED & CONVENIENT LOCATIONS IN WINDHAM! THIS PROPERTY IS EXTREMELY WELL CARED FOR AND IMMACULATE INSIDE & OUT, FEATURING AN OPEN LAYOUT, BRIGHT SPACIOUS ROOMS, AWESOME KITCHEN, COMFORTABLE LIVING ROOM WITH CATHEDRAL CEILING & SKYLIGHTS, NICE BATH ROOMS, 2 BEDROOMS PER UNIT, ADDITIONAL FINISHED ROOMS IN THE BASEMENT, DRY BASEMENT WITH LAUNDRY HOOK UPS, SEPARATE UTILITIES, NEW FURNACES (2018 & 2020), NEWER HEAT PUMP IN ONE UNIT, NEWER APPLIANCES, REAR DECKS, LARGE DRIVE THRU SHED, WELL LANDSCAPED, BEAUTIFUL LAWN & BACKYARD, PAVED DRIVEWAY WITH PLENTY OF ROOM FOR PARKING, PICTURE PERFECT PRIVATE LOT & LOCATION THAT IS CONVENIENT TO EVERYTHING FROM SHOPPING, SEBAGO LAKES, PORTLAND & THE TURNPIKE!! THIS PROPERTY IS ABSOLUTELY IDEAL FOR OWNER OCCUPIED OR A GREAT INVESTMENT OPPORTUNITY!!!

Last Agent to Sell the Property

Bruce Ludka

Maine Realty 2000 Listed on: 07/24/2020

Last Buyer's Agent

John Mullen

Mulkerin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1988

Lot Details

  • 0.74 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Tile

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer
  • Internet Available

Additional Features

  • 2 Full Bathrooms
  • Washer and Dryer Hookup

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 61B
  • Assessor Parcel Number 38smithroadwindham04062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,726

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: FROM THE CENTER OF WINDHAM, TAKE ROUTE 115 ABOUT 1.5 MILES TO LEFT ONTO SMITH ROAD TO PROPERTY ON THE LEFT (#36 & #38)....OR FROM THE CENTER OF GRAY / MAINE TURNPIKE, TAKE ROUTE 115 ABOUT 4.5 MILES TO RIGHT ONTO SMITH ROAD TO THE PROPERTY ON THE LEFT.
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 214.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.74
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1536.0
  • Property Information:SqFt Finished Below Grade: 250.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Parking:On Site2: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: THIS IS YOUR AMAZING OPPORTUNITY TO OWN THIS PRISTINE DUPLEX WITH (2) TWO BEDROOM UNITS ON A GORGEOUS PRIVATE .74 ACRE LOT IN ONE OF THE MOST DESIRED & CONVENIENT LOCATIONS IN WINDHAM! THIS PROPERTY IS EXTREMELY WELL CARED FOR AND IMMACULATE INSIDE & OUT, FEATURING AN OPEN LAYOUT, BRIGHT SPACIOUS ROOMS, AWESOME KITCHEN, COMFORTABLE LIVING ROOM WITH CATHEDRAL CEILING & SKYLIGHTS, NICE BATH ROOMS, 2 BEDROOMS PER UNIT, ADDITIONAL FINISHED ROOMS IN THE BASEMENT, DRY BASEMENT WITH LAUNDRY HOOK UPS, SEPARATE UTILITIES, NEW FURNACES (2018 & 2020), NEWER HEAT PUMP IN ONE UNIT, NEWER APPLIANCES, REAR DECKS, LARGE DRIVE THRU SHED, WELL LANDSCAPED, BEAUTIFUL LAWN & BACKYARD, PICTURE PERFECT PRIVATE LOT & LOCATION THAT IS CONVENIENT TO EVERYTHING FROM SHOPPING, SEBAGO LAKES, PORTLAND & THE TURNPIKE!! THIS PROPERTY IS ABSOLUTELY IDEAL FOR OWNER OCCUPIED OR A GREAT INVESTMENT OPPORTUNITY!!!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 250.0
  • Flooring: Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32234.4
  • Parcel #: 38smithroadwindham04062
  • Zoning: RMN

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3726.0
  • Tax Lot: 61B
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 2, 2020
Sold by
Joyce Jacqueline M
Bought by
Cutter Benjamin and Cutter Marissa
Seller's Agent
Bruce Ludka
Maine Realty 2000
Buyer's Agent
John Mullen
Mulkerin Real Estate
List Price
$329,000
Sold Price
$361,000
Premium/Discount to List
$32,000
9.73%
Current Estimated Value
$488,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,130
Avg. Annual Appreciation
5.81%
Original Mortgage
$270,750
Outstanding Balance
$240,714
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$247,416
Source: Public Records
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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
Cutter Benjamin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cutter Benjamin $270,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2020 09/02/20 Sold $361,000 +9.7% $202 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $329,000 -- $184 / 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 $5,275 $459,900 $132,500 $327,400
2023 $4,917 $439,000 $123,300 $315,700
2022 $4,534 $390,500 $109,200 $281,300
2021 $3,722 $295,400 $95,100 $200,300
2020 $3,858 $257,200 $83,600 $173,600
2019 $3,726 $254,500 $83,600 $170,900
2018 $3,499 $230,500 $75,100 $155,400
2017 $3,298 $200,700 $67,400 $133,300
2016 $3,151 $200,700 $67,400 $133,300
2015 $3,041 $200,700 $67,400 $133,300
2014 $2,798 $200,700 $67,400 $133,300
2013 -- $192,300 $59,000 $133,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1461691

Maine Listings

APN: WINM-000019-000061-B000000