M
Seller's Agent in 2025
Monica LaVerdiere
Bearfoot Realty
(207) 890-1971
66 in this area
253 Total Sales
40 Winter St Norway, ME 04268
Estimated Value: $424,813
Studio
5
Baths
3,021
Sq Ft
$141/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Walk-In Closet
- New Englander Architecture
- In-Law or Guest Suite
- Storage
About This Home
As of May 2025Excellent opportunity for investor or owner-occupied investor. Property has been well maintained with the same owner since the mid 80's. Total of 5 apartments. The main apartment was used by the owner as a pre-school for decades. Time for rest and retirement for this Seller! Excellent safe area right behind the Stephens Hospital and Medical Buildings. Full dry basement for ample storage with entry thru bulkhead. Paved Parking lot, allowing one car per apartment. Bonus back yard for shared interests. Metal roof, hot water baseboard heating, town water and sewer, building deemed lead safe, Excellent tenant history who would love to continue to rent with the new owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,964
Year Built
- Built in 1910
Lot Details
- 12,197 Sq Ft Lot
- Landscaped
- Level Lot
- Open Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 3,021 Sq Ft Home
- 1-Story Property
- Storage
- Laundry on upper level
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Brick Basement
Parking
- Driveway
- Paved Parking
- On-Site Parking
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 34
- Assessor Parcel Number NORY-000030-000000-000034
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $28,553
- Gross Income $43,490
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
May 9, 2025
Sold by
Allen Ft and Allen
Bought by
Bk Homes Llc
Seller's Agent
Monica LaVerdiere
Bearfoot Realty
Buyer's Agent
Stephen Morgan
Maine Real Estate Pros
List Price
$385,000
Sold Price
$400,000
Premium/Discount to List
$15,000
3.9%
Views
10
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
$24,813
Avg. Annual Appreciation
6.02%
Original Mortgage
$100,000
Outstanding Balance
$99,466
Interest Rate
6.65%
Mortgage Type
Commercial
Estimated Equity
$325,347
Purchase Details
Closed on
Oct 30, 2023
Sold by
Allen Shirley H
Bought by
Allen Ft and Allen
Purchase Details
Closed on
Jul 5, 2023
Sold by
Allen Shirley H
Bought by
Allen Jacob G and Allen Nathaniel R
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bk Homes Llc | $400,000 | None Available | |
| Bk Homes Llc | $400,000 | None Available | |
| Allen Ft | -- | None Available | |
| Allen Ft | -- | None Available | |
| Allen Jacob G | -- | None Available | |
| Allen Jacob G | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bk Homes Llc | $100,000 | |
| Closed | Bk Homes Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $400,000 | +3.9% | $132 / Sq Ft |
| 02/25/2025 02/25/25 | For Sale | $385,000 | -- | $127 / Sq Ft |
Source: Maine Listings
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 |
|---|---|---|---|---|
| 2025 | $4,534 | $222,461 | $29,947 | $192,514 |
| 2024 | $3,964 | $222,461 | $29,947 | $192,514 |
| 2023 | $3,269 | $222,400 | $29,900 | $192,500 |
| 2022 | $3,136 | $222,400 | $29,900 | $192,500 |
| 2021 | $3,059 | $175,300 | $27,200 | $148,100 |
| 2020 | $2,933 | $175,300 | $27,200 | $148,100 |
| 2019 | $3,077 | $175,300 | $27,200 | $148,100 |
| 2018 | $2,531 | $175,300 | $27,200 | $148,100 |
| 2017 | $3,015 | $175,300 | $27,200 | $148,100 |
| 2015 | $2,787 | $175,300 | $27,200 | $148,100 |
| 2013 | $2,577 | $175,300 | $27,200 | $148,100 |
Source: Public Records
Agents Affiliated with this Home
-
Monica LaVerdiere
-
Davis Turner
D
Seller Co-Listing Agent in 2025
Davis Turner
Bearfoot Realty
(207) 539-6060
45 in this area
188 Total Sales
-
Stephen Morgan
Buyer's Agent in 2025
Stephen Morgan
Maine Real Estate Pros
(207) 754-2773
2 in this area
91 Total Sales
Map
Source: Maine Listings
MLS Number: 1614947
APN: NORY-000030-000000-000034
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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