$475,000
SOLD NOV 8, 2024

42 River Rd Brunswick, ME 04011

-- Bed
4 Baths
2,176 Sq Ft
0.69 Acres

Recently Sold

$218 Per Sq Ft

3% Below List Price

81 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Wooded Lot
  • Brunswick Jr High School Rated A-
  • 0.69 Acre Lot
  • Corner Lot

About This Home

As of November 2024

BACK ON MARKET, at no fault of the sellers. Don't miss out on this fantastic opportunity to invest in a property or find a new home with income potential! Owner occupancy is a smart financial move, especially in today's strong rental market. This duplex consists of 2 units each with two spacious bedrooms. One unit offers the convenience of an attached garage, while the other provides additional living space. Situated in a prime location near all of Brunswick's amenities, with easy access to Route 1 and within walking distance to a variety of shops, bars, and restaurants. Both units also have access to unfinished basement areas for ample storage. Brunswick is a highly desirable town for tenants, making it an ideal location for becoming a landlord. Contact me today to start your journey towards becoming a successful investor in real estate.

Last Agent to Sell the Property

Moriah Baribeau

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 10/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Steven Drew

Plowman Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1988

Lot Details

  • 0.69 Acre Lot
  • Corner Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Laundry on main level

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 02
  • Assessor Parcel Number BRUN-000024-000000-000002CU

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $19,579
  • Gross Income $38,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,095

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.69
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: This unit is GPS friendly.
  • Above Grade Finished Sq Ft: 2176.0
  • Architectural Style: Split Entry
  • Garage Yn: Yes
  • Year Built: 1988
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.69
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2176.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 38125.0
  • Income Expenses Operating Expenses: 19579.0
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Style:Split Entry: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Rolling Slope, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 30056.4
  • Parcel #: BRUN-000024-000000-000002CU
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38125.0
  • Annual Operating Expense: 19579.0

Tax Info

  • Tax Annual Amount: 6095.0
  • Tax Book Number: 10347
  • Tax Lot: 02
  • Tax Map Number: U24
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 8, 2024
Sold by
Enrico James A
Bought by
Jebur Ammar and Hamashi Hdeel A
Seller's Agent
Moriah Baribeau
Coldwell Banker Realty
Buyer's Agent
Steven Drew
Plowman Realty Group
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%
Views
11
Current Estimated Value
$492,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,872
Avg. Annual Appreciation
4.85%
Original Mortgage
$356,250
Outstanding Balance
$353,406
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,466
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $475,000 None Available
Warranty Deed $475,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 Purchase Money Mortgage
Closed $356,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $475,000 -3.1% $218 / Sq Ft
10/05/2024 10/05/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $490,000 0.0% $225 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $490,000 -4.9% $225 / Sq Ft
08/26/2024 08/26/24 Price Changed $515,000 -10.4% $237 / Sq Ft
08/05/2024 08/05/24 For Sale $575,000 0.0% $264 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/15/2024 07/15/24 For Sale $575,000 -- $264 / 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 $6,182 $259,200 $73,400 $185,800
2023 $6,095 $261,700 $73,400 $188,300
2022 $5,676 $261,700 $73,400 $188,300
2021 $5,459 $261,700 $73,400 $188,300
2020 $5,331 $261,700 $73,400 $188,300
2019 $5,088 $258,000 $69,700 $188,300
2018 $4,881 $258,000 $69,700 $188,300
2017 $4,739 $258,000 $69,700 $188,300
2016 $4,370 $148,900 $28,000 $120,900
2015 $4,223 $148,900 $28,000 $120,900
2014 $4,080 $148,900 $28,000 $120,900
2013 $3,952 $148,900 $28,000 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1596864

Maine Listings

APN: BRUN-000024-000000-000002CU