NOT LISTED FOR SALE

4 Walker St Kittery, ME 03904

Estimated Value: $721,000 - $859,104

5 Beds
3 Baths
1,726 Sq Ft
$456/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $700,000 $406 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,705/month

4 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Scenic Views
  • Horace Mitchell Primary School Rated A-
  • Public Beach
  • Cape Cod Architecture

About This Home

As of April 2023

A gem in the Foreside! A rare opportunity to own a multi-family property with three units in an unbelievable location right in the heart of Kittery Foreside. This property is almost at the entrance gate to the Portsmouth Naval Shipyard making it incredibly convenient for any shipyard employees. The property is close to all of Kittery's amenities including the Kittery Dance Hall, Lil's, Anju and all of the other thriving shops, restaurants and businesses in Kittery. Sidewalks run alongside Walker St in front of the property and are scheduled to be rebuilt and improved in the next few years. This bustling environment is a perfect location for rental apartments or possibly for a future redevelopment. The first unit is a 1 bedroom unit with wood floors and separate kitchen and full bath. The second unit is a 1 bedroom unit with main living space on the first floor with bedroom and full bath on the second floor. The third unit has 2 bedrooms, full kitchen, full bathroom and cozy living room with fireplace. An opportunity awaits to own in the thriving Kittery Foreside community!

Last Agent to Sell the Property

Chris Erikson, Esq.

The Aland Realty Group, LLC Listed on: 02/17/2023

The Aland Realty Group, LLC

Last Buyer's Agent

Rick Cosseboom

Anchor Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,024

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 1,726 Sq Ft Home
  • Scenic Vista Views

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot 98
  • Assessor Parcel Number KITT-000004-000000-000098

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $12,500
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,024

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 1 turn onto Walker Street into the heart of Kittery Foreside. Property will be on your left before the traffic light.
  • Above Grade Finished Sq Ft: 1726.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1726.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: 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:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 36000.0
  • Income Expenses Operating Expenses: 12500.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:RollingSloping: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 4356.0
  • Parcel #: KITT-000004-000000-000098
  • Zoning: MU-KF

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0
  • Annual Operating Expense: 12500.0

Tax Info

  • Tax Annual Amount: 6024.0
  • Tax Book Number: 2218
  • Tax Lot: 98
  • Tax Map Number: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Apr 4, 2023
Sold by
Valhos Nicholas G
Bought by
Walker 6-8 Llc
Seller's Agent
Chris Erikson, Esq.
The Aland Realty Group, LLC
Buyer's Agent
Rick Cosseboom
Anchor Real Estate
List Price
$650,000
Sold Price
$700,000
Premium/Discount to List
$50,000
7.69%
Current Estimated Value
$787,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,276
Avg. Annual Appreciation
4.81%
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
Walker 6-8 Llc $700,000 None Available
Walker 6-8 Llc $700,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $700,000 +7.7% $406 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $650,000 -- $377 / 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 $6,367 $448,400 $255,500 $192,900
2023 $6,103 $448,400 $255,500 $192,900
2022 $6,024 $446,900 $254,000 $192,900
2021 $5,810 $446,900 $254,000 $192,900
2020 $5,765 $446,900 $254,000 $192,900
2019 $3,445 $198,000 $52,500 $145,500
2018 $2,718 $194,500 $52,500 $142,000
2017 $2,468 $194,500 $52,500 $142,000
2016 $3,122 $194,500 $52,500 $142,000
2015 $3,109 $198,400 $52,500 $145,900
2014 $3,079 $198,400 $52,500 $145,900
2013 $3,020 $198,400 $52,500 $145,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1552597

Maine Listings

APN: KITT-000004-000000-000098