NOT LISTED FOR SALE

49 Greenwood Ave Winthrop, ME 04364

Estimated Value: $218,000 - $306,000

5 Beds
2.5 Baths
4,610 Sq Ft
$58/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $162,500 $35 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,719/month

141 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Bathtub
  • Winthrop Middle School Rated A-
  • No HOA
  • Enclosed Glass Porch

About This Home

As of April 2021

Great location - great investment! In-town duplex with nice back yard, sidewalks and walking distance to shopping, town beach and library. First level is 3 bedrooms, 1.5 baths with family room and washer and dryer hook-ups. Second level is a sunny 2 bedroom 1 bath. Rent both units or live in one and get help with the mortgage with the other! Each unit has it's own driveway. *The rent is low on the upper level as tenant is a relative. Usually $750/month.

Last Agent to Sell the Property

Lori Gray

Homestead Realty Listed on: 09/29/2020

Last Buyer's Agent

Christina Mudie

Crescent Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,957

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Shed
  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 163
  • Assessor Parcel Number WINP-000031-000000-000163

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,537
  • Gross Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,957

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street Winthrop to Greenwood Avenue. Property is on the right. See sign.
  • Above Grade Finished Sq Ft: 2305.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2305.0
  • Property Information:SqFt Finished Below Grade: 2305.0
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 15300.0
  • Income Expenses Operating Expenses: 6537.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Partial, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 2305.0
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • 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

Schools

  • Junior High Dist: Winthrop Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: WINP-000031-000000-000163
  • Zoning: LR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15300.0
  • Annual Operating Expense: 6537.0

Tax Info

  • Tax Annual Amount: 2957.0
  • Tax Book Number: 12932
  • Tax Lot: 163
  • Tax Map Number: 31
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Apr 26, 2021
Sold by
King Paul
Bought by
Luce Jacob
Seller's Agent
Lori Gray
Homestead Realty
Buyer's Agent
Christina Mudie
Crescent Realty Group
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%
Current Estimated Value
$265,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,495
Avg. Annual Appreciation
12.62%
Original Mortgage
$159,556
Outstanding Balance
$145,919
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$127,573
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
Luce Jacob -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luce Jacob $159,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $162,500 -4.4% $35 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $169,900 -- $37 / 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 $3,373 $146,000 $26,700 $119,300
2022 $3,178 $146,000 $26,700 $119,300
2021 $3,000 $146,000 $26,700 $119,300
2020 $3,015 $146,000 $26,700 $119,300
2019 $2,957 $146,000 $26,700 $119,300
2018 $2,673 $146,000 $26,700 $119,300
2017 $2,501 $146,000 $26,700 $119,300
2016 $2,313 $146,000 $26,700 $119,300
2015 $2,231 $146,000 $26,700 $119,300
2014 $2,231 $146,000 $26,700 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1470838

Maine Listings

APN: WINP-000031-000000-000163