NOT LISTED FOR SALE

491 S Main St Brewer, ME 04412

Estimated Value: $290,000 - $334,000

6 Beds
5 Baths
4,320 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $282,500 $65 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,220/month

6 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4 Car Garage
  • No HOA

About This Home

As of July 2023

Property Id: 1452084

Extremely spacious and newly renovated master suite Apt for rent in Brewer Maine! This apartment has just received brand new tiled floors, bedroom carpet in both rooms, new sink in bathroom, and 4 brand new windows.
This apartment is on the second story with 2 entranceways. Two or more people can live here privately with separate entrances allowing for a more comfortable living space. Has in unit washer and dryer hookups as well as a dishwasher and trash compactor.

The rent is $1800 a month, which includes heat and water, does not include electricity. Located at the south side of brewer, the location of this apt is close to all major super centers! 5 minutes to Shaw's, 6 minutes to Hannahford, and only 9mins to Walmart!

This building is dog and cat friendly, within reason, and includes private overhead parking/storage! Pm me if interested to setup a walk through!

Last Agent to Sell the Property

Vincent Muzychko

EXP Realty Listed on: 04/27/2023

EXP Realty

Last Buyer's Agent

Jamie Fortier

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1850

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Interior Lot

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4,320 Sq Ft Home
  • Laminate Flooring
  • Unfinished Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number BRER-000025-000000-000025

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,010
  • Gross Income $33,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,464

Year Built

Built in 1850

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4320.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 4320.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 33720.0
  • Income Expenses Operating Expenses: 14010.45
  • Foundation Materials:Block3: Yes
  • Driveway:Gravel: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Flooring: Laminate

Exterior Features

  • Lot Features: Corner Lot, Interior Lot, Intown, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Flat, Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 5227.2
  • Parcel #: BRER-000025-000000-000025
  • Zoning: CB

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33720.0
  • Annual Operating Expense: 14010.45

Tax Info

  • Tax Annual Amount: 4464.0
  • Tax Book Number: 16537
  • Tax Lot: 25
  • Tax Map Number: 25
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 18, 2023
Sold by
Freeman Res Prop Llc
Bought by
Robert Kaeden
Seller's Agent
Vincent Muzychko
EXP Realty
Buyer's Agent
Jamie Fortier
Coldwell Banker Realty
List Price
$299,000
Sold Price
$282,500
Premium/Discount to List
-$16,500
-5.52%
Current Estimated Value
$310,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,012
Avg. Annual Appreciation
7.66%
Original Mortgage
$262,006
Outstanding Balance
$256,014
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$69,477

Purchase Details

Closed on
Jun 30, 2022
Sold by
Nichols
Bought by
Freeman Res Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2018
Sold by
Nichols William B
Bought by
B & S Props

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Robert Kaeden $282,500 None Available
Robert Kaeden $282,500 None Available
Robert Kaeden $282,500 None Available
Freeman Res Prop Llc $350,000 None Available
Freeman Res Prop Llc $350,000 None Available
Freeman Res Prop Llc $350,000 None Available
B & S Props -- --
B & S Props -- --
B & S Props -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert Kaeden $262,006
Closed Robert Kaeden $262,006
Previous Owner Freeman Res Prop Llc $840,000
Previous Owner Freeman Res Prop Llc $200,000
Previous Owner B & S Props $540,000
Previous Owner Nichols William B $120,000
Previous Owner Nichols William B $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2024 09/22/24 For Rent $1,800 0.0% --
07/18/2023 07/18/23 Sold $282,500 -5.5% $65 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $299,000 -- $69 / 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 $5,817 $309,400 $40,400 $269,000
2023 $5,654 $281,300 $37,300 $244,000
2021 $4,464 $200,200 $37,100 $163,100
2020 $3,692 $162,300 $37,100 $125,200
2019 $3,653 $158,900 $37,100 $121,800
2018 $3,512 $156,100 $37,100 $119,000
2017 $3,512 $156,100 $37,100 $119,000
2016 $3,359 $156,100 $37,100 $119,000
2015 $3,359 $156,100 $37,100 $119,000
2014 $3,266 $156,100 $37,100 $119,000
2013 $3,554 $169,900 $14,900 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1557181

Maine Listings

APN: BRER-000025-000000-000025