NOT LISTED FOR SALE

Estimated Value: $612,000 - $683,000

4 Beds
2 Baths
3,180 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $572,300 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,075/month

5 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Porch
  • New Englander Architecture
  • No HOA
  • Hot Water Heating System

About This Home

As of September 2023

Opportunity awaits! This charming building with period tin ceilings is a 2.9 unit building with unfinished work on the 3rd floor is ready for you to finish and rent out after inspections. This wonderful apartment building features mostly separated utilities, great location, plenty of old style charm and would make an great place to call home or have as an investment. The location here is key, close to Downtown, Rock Row, highways, Portland, Mall and supermarkets.

Last Agent to Sell the Property

Victor Chau

Berkshire Hathaway HomeServices Verani Realty Brokerage Phone: (207)749-4699 Listed on: 07/13/2023

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Brenda Whitney

RE/MAX Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3,180 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number WSBR-000035-000000-000012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,100
  • Gross Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,287

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: From Main St Westbrook to Waltham St, to right on Oak St to #44 on your left. There is a driveway on either side of the building.
  • Above Grade Finished Sq Ft: 3180.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: (207)749-4699
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3180.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 29700.0
  • Income Expenses Operating Expenses: 13100.0
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Style:New Englander: Yes
  • Driveway:Reclaimed: Yes
  • Roof:Fiberglass: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Brick/Mortar, Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Other, Laminate, Carpet
  • Interior Amenities: Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Fiberglass, Other, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Reclaimed, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Other Heat System, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: WSBR-000035-000000-000012
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 29700.0
  • Annual Operating Expense: 13100.0

Tax Info

  • Tax Annual Amount: 6287.0
  • Tax Book Number: 31055
  • Tax Lot: 12
  • Tax Map Number: 35
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 25, 2023
Sold by
Ohara Kathryn L
Bought by
Marchese Benjamin D
Seller's Agent
Victor Chau
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Brenda Whitney
RE/MAX Coastal
List Price
$477,000
Sold Price
$572,300
Premium/Discount to List
$95,300
19.98%
Total Days on Market
5
Current Estimated Value
$636,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,848
Avg. Annual Appreciation
5.72%
Original Mortgage
$457,840
Outstanding Balance
$450,685
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,463
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 Buyer Sale Price Title Company
Marchese Benjamin D $572,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchese Benjamin D $457,840
Previous Owner Ohara Kathryn L $175,000
Previous Owner Macdonald Richard F $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $572,300 +20.0% $180 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $477,000 -- $150 / 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
2023 $7,296 $437,400 $90,300 $347,100
2022 $6,286 $347,300 $75,200 $272,100
2021 $5,955 $334,000 $75,200 $258,800
2020 $15,278 $334,000 $75,200 $258,800
2019 $3,521 $334,000 $75,200 $258,800
2018 $2,720 $270,300 $65,400 $204,900
2017 $5,103 $270,300 $65,400 $204,900
2016 $2,219 $270,300 $65,400 $204,900
2015 $4,855 $270,300 $65,400 $204,900
2014 $4,649 $270,300 $65,400 $204,900
2013 $4,644 $270,000 $65,100 $204,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1565106

Maine Listings

APN: WSBR-000035-000000-000012