$525,000
$74K PRICE DROP

407 Webbs Mills Rd Raymond, ME 04071

Estimated payment $3,182/month

Total Views 2,611
-- Bed
2 Baths
1,607 Sq Ft
$327 Price per Sq Ft

Highlights

  • Public Beach
  • 2.05 Acre Lot
  • Wood Flooring
  • View of Trees or Woods
  • Colonial Architecture
  • No HOA

About This Home

Duplex for Sale in Raymond, Maine - Ideal Investment or Owner-Occupy Opportunity
Discover this beautifully updated duplex located in the heart of Raymond, Maine, offering a perfect blend of convenience, comfort, and investment potential. Just minutes from Crescent Beach and Sebago Lake, enjoy endless opportunities for boating, swimming, and outdoor recreation. With multiple public boat launches nearby, lake life is right at your doorstep.
Conveniently located just a short drive to Windham, you'll have easy access to shopping, dining, and everyday amenities.
Each unit is bright and inviting, offering abundant natural light, beautiful wood cabinets, hardwood floors, fresh paint, and open-concept living spaces perfect for relaxing or entertaining. Recently renovated within the past 5 years, the property features numerous updates for modern comfort and low-maintenance living.
One of the standout features is the spacious 4-car garage, which was once the old Raymond schoolhouse. Rich with local history and character, it offers incredible potential for storage, workshop space, or future creative use.
Whether you're looking to live in one unit and rent the other, or fully lease both for added income, this duplex offers flexibility and strong investment potential.
Key Features:
• Renovated in the last 5 years with many modern updates
• Bright, open living spaces with plenty of natural light
• Beautiful wood cabinetry and hardwood floors
• Freshly painted interiors throughout
• Historic 4-car garage - formerly the old Raymond schoolhouse
• Excellent location near Sebago Lake and Crescent Beach
• Close to shopping and conveniences in Windham
• Great opportunity for owner occupancy or rental income
• Proximity to boat launches and outdoor recreation
Don't miss your chance to own this unique and versatile property in one of Maine's most desirable lake communities.

Listing Agent

Lauren Kelley

Dream Home Realty LLC Listed on: 07/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,681

Year Built

  • Built in 1995

Lot Details

  • 2.05 Acre Lot
  • Public Beach
  • Landscaped
  • Level Lot

Parking

  • 4 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Colonial Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,607 Sq Ft Home
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Listing and Financial Details

  • Tax Lot 0097
  • Assessor Parcel Number RYMD-000010-000000-000097

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,500
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,681

Year Built

Built in 1995

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.05
  • Road Surface Type: Paved
  • MLS Status: Active
  • Directions: 302, to route 85. House is in between town office and Jordan Small Middle School
  • Above Grade Finished Sq Ft: 1607.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1995
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1607.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 4500.0
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Basement Entry:Exterior Only: Yes
  • Structure Type:Duplex3: Yes
  • Sewer:Septic Tank: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Well Landscaped, Level, Near Public Beach, Near Shopping, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Private Sewer
  • Water Source: Well, Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 89298.0
  • Parcel #: RYMD-000010-000000-000097
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 4500.0

Tax Info

  • Tax Annual Amount: 3681.0
  • Tax Book Number: 36919
  • Tax Lot: 0097
  • Tax Map Number: 0010
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $525,000 0.0% $327 / Sq Ft
07/16/2025 07/16/25 For Sale $525,000 -12.4% $327 / Sq Ft
07/14/2025 07/14/25 Off Market $599,000 -- --
07/07/2025 07/07/25 For Sale $599,000 +117.8% $373 / 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

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Personal Reps Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,019 FHA
Source: Public Records

Source: Maine Listings

MLS Number: 1629298

Maine Listings

APN: RYMD-000010-000000-000097