NOT LISTED FOR SALE

41 Harpswell Rd Unit 43 Brunswick, ME 04011

Estimated Value: $574,000 - $684,000

6 Beds
2.5 Baths
3,114 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $650,000 $209 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,001/month

6 Days on Market

Highlights

  • Barn
  • 0.52 Acre Lot
  • Property is near public transit
  • Brunswick Jr High School Rated A-
  • Federal Architecture
  • 1-minute walk to Lishness Park

About This Home

As of July 2023

This Duplex, is comprised of 3 large bedrooms per unit. Separate dedicated heating systems, water heaters and electric-washer and dryer in each unit as well. Traditionally, these units have functioned as off campus rentals for Bowdoin College students. Currently it is fully occupied, with leases in places for the 2023/2024 school year. In the Summer it is rented on a short term/ seasonal basis by visiting professors, students, and MSMT. This dynamic rental structure allows for a strong return on your investment, while offering Bowdoin students coveted accommodations. Current rents are less than the cost to live on campus, and allow for the freedom and community of off campus living to thrive. The property is ripe with potential as the rear portion of the lot could be suitable for new construction. An attached Barn in pristine condition is an easy target for accessory dwelling unit renovation. The location is prized for its proximity to Bowdoin College: directly across the street from the new Roux building, next door to the Outdoor Center and Whittier Field is in your backyard, only a short walk to downtown Maine St., award winning restaurants and a litany of boutiques and shopping.

Last Agent to Sell the Property

Brent Sawyer

Portside Real Estate Group Listed on: 06/20/2023

Co-Listed By

Lisa Guerette

Portside Real Estate Group

Last Buyer's Agent

Brent Sawyer

Regency Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 1817

Lot Details

  • 0.52 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Gravel Driveway

Home Design

  • Duplex
  • Federal Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,114 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Pane Windows
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Dirt Floor
  • Crawl Space

Location

  • Property is near public transit
  • City Lot

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Propane
  • High-Efficiency Furnace
  • Hot Water Heating System
  • Programmable Thermostat
  • Tankless Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number BRUN-000009-000000-000059U

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $35,829
  • Gross Income $73,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,962

Year Built

Built in 1817

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.52
  • Road Surface Type: Paved
  • Co List Office Mls Id: 3364
  • Co List Office Phone: 207-607-5965
  • MLS Status: Closed
  • Directions: I-295 N to US-1 N in Brunswick. Take exit 28 from I-295 N, Continue on US-1 N. Take Pleasant St to Maine St to Harpswell Rd, 41-43 Harpswell Rd is on the Corner of Bowker
  • Above Grade Finished Sq Ft: 3114.0
  • Architectural Style: Duplex, Federal, Multi-Level
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat, Double Pane Windows, 90% Efficient Furnace
  • Building Stories: 2
  • Year Built: 1817
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.52
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3114.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:One-Floor Living: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 73640.0
  • Income Expenses Operating Expenses: 35829.0
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Basement:BrickMortar: Yes
  • Driveway:Gravel: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Vehicle Storage:Storage Above: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Amenities:Furniture Included: Yes
  • Heat System:Radiator: Yes
  • Style:Federal: Yes
  • Location:Near Railroad: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures Barn2: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Brick/Mortar, Dirt Floor, Crawl Space, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Laminate
  • Interior Amenities: Furniture Included, 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Barn
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Inside Entrance, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water
  • 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: 22651.2
  • Parcel #: BRUN-000009-000000-000059U
  • Zoning: GR5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 73640.0
  • Annual Operating Expense: 35829.0

Tax Info

  • Tax Annual Amount: 6962.0
  • Tax Book Number: 32510
  • Tax Lot: 59
  • Tax Map Number: U35
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jul 13, 2023
Sold by
Polar Bear Properties Llc
Bought by
Thanassi Alexander and Thanassi Wendy
Seller's Agent
Brent Sawyer
Portside Real Estate Group
Buyer's Agent
Brent Sawyer
Regency Realty Group
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Current Estimated Value
$619,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,453
Avg. Annual Appreciation
0.15%
Original Mortgage
$487,500
Outstanding Balance
$478,241
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,787

Purchase Details

Closed on
Aug 13, 2015
Sold by
Pletts Rose Est and Pletts
Bought by
Polar Bear Properties Llc
Source: Public Records

Range of Values:

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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
Thanassi Alexander $650,000 None Available
Polar Bear Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thanassi Alexander $487,500
Previous Owner Polar Bear Properties Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $650,000 +8.5% $209 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $599,000 -- $192 / 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 $7,582 $317,900 $60,400 $257,500
2023 $7,404 $317,900 $60,400 $257,500
2022 $6,962 $321,000 $60,400 $260,600
2021 $6,696 $321,000 $60,400 $260,600
2020 $6,398 $314,100 $60,400 $253,700
2019 $6,149 $311,800 $60,400 $251,400
2018 $5,899 $311,800 $60,400 $251,400
2017 $5,728 $311,800 $60,400 $251,400
2016 $6,296 $214,500 $57,400 $157,100
2015 $6,083 $214,500 $57,400 $157,100
2014 $5,877 $214,500 $57,400 $157,100
2013 -- $214,500 $57,400 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562683

Maine Listings

APN: BRUN-000009-000000-000059U