NOT LISTED FOR SALE

44 Merriam St Berwick, ME 03901

Estimated Value: $522,000 - $582,000

7 Beds
4 Baths
2,540 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2015

Last sale price $195,000 $77 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $3,419 / mo

128 Days on Market

Highlights

  • Country Club
  • Wood Flooring
  • Main Floor Bedroom
  • Deck
  • New Englander Architecture
  • No HOA

About This Home

As of January 2015

3 Family, close to Berwick Center and South Berwick. Excellent rental history, good opportunity for owner occupied! Have your tenants pay your mortgage! 3 leases currently in place. Updated kitchens and baths, decks, parking for 7-9 cars. Great Investment

Last Agent to Sell the Property

Troy Williams

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 07/18/2014

Keller Williams Coastal and Lakes & Mountains Realty

Co-Listed By

Heidi Hayes

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Anne Erwin Real Estate

Anne Erwin Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1900

Lot Details

  • 11,326 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,540 Sq Ft Home
  • Partial Basement
  • Storm Windows

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Deck

Location

  • Property is near golf course and shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • High-Efficiency Furnace
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 44Merriam StreetBerwick00186

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Recreation

  • Country Club

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,874

Year Built

Built in 1900

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Co List Office Phone: 207-475-0999
  • MLS Status: Closed
  • Directions: Route 236 to South Berwick, Right onto Rt. 4, 3.6 miles, left onto Merriam, house on Right
  • Above Grade Finished Sq Ft: 2540.0
  • Architectural Style: New Englander
  • Efficiency: Storm Windows, 90% Efficient Furnace
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 76.77
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2540.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 36000.0
  • Amenities:Bathtub: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Style:New Englander: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Advertising Remarks:Advertising Remarks: Fabulous investment opportunity in Berwick, just 3-4 miles from center of South Berwick! There are two, 2 BR units, each with full bath and kitchen. Rent on these is $875 per mo. Third unit is a free standing New Englander w/ 3BR's and 2 BA. Rent for this is $1250. High Eff propane boiler, public water and sewer. Good potential for owner occupied. Let your tenants pay your mortgage! Priced way under assessed value.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Shopping
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 44Merriam StreetBerwick00186
  • Zoning: R1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0

Tax Info

  • Tax Annual Amount: 3874.0
  • Tax Lot: 86
  • Tax Year: 2014

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

Closed on
Aug 24, 2022
Sold by
Bought by
Current Estimated Value
$542,378

Purchase Details

Closed on
Jan 23, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2014
Closed on
Jan 15, 2015
Sold by
Bought by
Seller's Agent
Troy Williams
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$219,875
Sold Price
$195,000
Premium/Discount to List
-$24,875
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Original Mortgage
$146,250
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records
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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
$450,000 None Available
$450,000 None Available
$450,000 None Available
$450,000 None Available
-- None Available
-- None Available
-- 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
Previous Owner $228,000
Previous Owner $146,250
Previous Owner $91,100
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
01/14/2015 01/14/15 Sold $195,000 -11.3% $77 / Sq Ft
11/24/2014 11/24/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $219,875 -- $87 / 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
2025 $5,869 $450,100 $114,200 $335,900
2024 $5,613 $450,100 $114,200 $335,900
2023 $4,831 $263,700 $81,600 $182,100
2022 $4,805 $263,700 $81,600 $182,100
2021 $4,826 $263,700 $81,600 $182,100
2020 $5,107 $263,800 $81,600 $182,200
2019 $3,988 $227,500 $81,600 $145,900
2018 $3,922 $228,700 $73,600 $155,100
2017 $3,922 $228,700 $73,600 $155,100
2016 $3,728 $228,700 $73,600 $155,100
2014 $3,838 $241,400 $73,600 $167,800
2013 $3,874 $241,400 $73,600 $167,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1146124

Maine Listings

APN: BERW-000001U-000000-000086

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