NOT LISTED FOR SALE

407 Webbs Mills Rd Raymond, ME 04071

Estimated Value: $475,000 - $521,485

4 Beds
2 Baths
1,728 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $275,000 $159 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,873/month

33 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • No HOA
  • 4.02 Acre Lot
  • Wooded Lot
  • Forced Air Heating System

About This Home

As of July 2020

This property has withheld the test of time. Currently being lived in and used as a legal 2 family with 2 BR/1 BA on the first floor and 1 BR/1 BA on the second floor but could be easily converted to a single family. The town has it entered as a single 4 BR/2 BA home. This property conveys with 4.02. The rear yard trees were cut down last year to expand the yard. The over-sized 1 bay garage was previously an old schoolhouse!

Last Agent to Sell the Property

Andrea O'Bri Richard Vraux

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 04/14/2020

Co-Listed By

Susan Moore

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Lauren Jordan

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1995

Lot Details

  • 4.02 Acre Lot
  • Public Beach
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 1 Car Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,728 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Carpet
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Design Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 097
  • Assessor Parcel Number RYMD-000010-000000-000097

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,564
  • Gross Income $20,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,724

Year Built

Built in 1995

Lot Details

4.02 Acres

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.02
  • Road Surface Type: Paved
  • Co List Office Phone: 207-839-6930
  • MLS Status: Closed
  • Directions: Route 302 to route 85 (Webbs Mills Road) to # 407 on right Sign on property
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 173.55
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.02
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 20760.0
  • Income Expenses Operating Expenses: 8564.0
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: This property has withheld the test of time. Currently being lived in and used as a legal 2 family with 2 BR/1 BA on the first floor and 1 BR/1 BA on the second floor but could be easily converted to a single family. The town has it entered as a single 4 BR/2 BA home. This property conveys with 4.02. The rear yard trees were cut down last year to expand the yard. The over-sized 1 bay garage was previously an old schoolhouse!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Public Beach, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 14

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 175111.2
  • Parcel #: RYMD-000010-000000-000097
  • Zoning: RR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20760.0
  • Annual Operating Expense: 8564.0

Tax Info

  • Tax Annual Amount: 2724.0
  • Tax Lot: 097
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jul 10, 2020
Sold by
Vance Douglas R
Bought by
Kelley Eric S
Seller's Agent
Andrea O'Bri Richard Vraux
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Lauren Jordan
Bean Group
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$498,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,243
Avg. Annual Appreciation
11.18%
Original Mortgage
$270,019
Outstanding Balance
$239,435
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$258,808

Purchase Details

Closed on
Aug 1, 2014
Sold by
Knights Roger C Est
Bought by
Webster Sam B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelley Eric S -- None Available
Webster Sam B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Eric S $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $275,000 -8.3% $159 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $299,900 -- $174 / 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
2024 $3,681 $214,000 $48,300 $165,700
2023 $3,403 $214,000 $48,300 $165,700
2022 $3,210 $214,000 $48,300 $165,700
2021 $3,017 $214,000 $48,300 $165,700
2019 $2,724 $202,500 $48,300 $154,200
2018 $3,835 $202,500 $48,300 $154,200
2017 $2,491 $202,500 $48,300 $154,200
2016 $2,450 $202,500 $48,300 $154,200
2015 $2,420 $202,500 $48,300 $154,200
2014 $2,390 $202,500 $48,300 $154,200
2013 $2,278 $202,500 $48,300 $154,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Andrea O'Bri Richard Vraux

    Better Homes & Gardens Real Estate/The Masiello Group

  • S

    Seller Co-Listing Agent in 2020

    Susan Moore

    Better Homes & Gardens Real Estate/The Masiello Group

  • L

    Buyer's Agent in 2020

    Lauren Jordan

    Bean Group

  • Lauren Kelley

    Buyer's Agent in 2020

    Lauren Kelley

    Dream Home Realty LLC

    (207) 461-2390

    1 in this area

    34 Total Sales

    Lauren Kelley
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Map

Source: Maine Listings

MLS Number: 1449517

Maine Listings

APN: RYMD-000010-000000-000097

Maine Cumberland County Raymond 04071

407 Webbs Mills Rd, Raymond, ME

Not Listed for Sale

MultiFamily

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