NOT LISTED FOR SALE

407 Webbs Mills Rd Raymond, ME 04071

Estimated Value: $342,000 - $508,000

4 Beds
2 Baths
1,728 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2020

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

Est. 63% increase in value since last sale

Current estimated payment $2,725 / mo

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

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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jul 10, 2020
Sold by
Bought by
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
$448,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,492
Avg. Annual Appreciation
8.60%
Original Mortgage
$270,019
Outstanding Balance
$239,435
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$209,057

Purchase Details

Closed on
Aug 1, 2014
Sold by
Bought by
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

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
-- 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 $270,019
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    30 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

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