NOT LISTED FOR SALE

5 Kennard St Westbrook, ME 04092

Estimated Value: $500,547 - $603,000

3 Beds
2 Baths
1,656 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $370,000 $223 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,373/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • 1 Car Direct Access Garage
  • Cape Cod Architecture
  • No HOA
  • Subterranean Parking

About This Home

As of February 2021

This two unit is walkable to downtown Westbrook, yet tucked in to a sweet neighborhood just a stones throw from Cornelia Warren Park/Lincoln St. park. and the public boat launch. Ice skating and recreation will be year round as the city is planning to improve the park. Two bedroom units, one upstairs and the other downstairs. Use it as a two unit, or perhaps an in-law apt.
Newly remodeled kitchen dazzles, this kitschy welcoming multi has all the hallmarks of HOME. All Offers Due by Monday 12/14 at 5:00pm.

Last Agent to Sell the Property

AmyBeth Brochu-Krikken

Rockstar Real Estate Listed on: 12/11/2020

Last Buyer's Agent

Emilie Levecque

Townsend Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Direct Access Garage
  • Subterranean Parking
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Vinyl Flooring
  • Laundry on upper level

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • River Nearby
  • Deck

Location

  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number WSBR-000038-000000-000079

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,500
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: Lincoln Street to #5 Kennard. GPS friendly.
  • Above Grade Finished Sq Ft: 1104.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1965
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 278.08
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1104.0
  • Property Information:SqFt Finished Below Grade: 552.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Location:Suburban: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 12000.0
  • Income Expenses Operating Expenses: 3500.0
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:RollingSloping: Yes
  • Vehicle Storage:Under: Yes
  • Advertising Remarks:Advertising Remarks: This two unit is walkable to downtown Westbrook, yet tucked in to a sweet neighborhood just a stones throw from Cornelia Warren Park/Lincoln St. park. and the public boat launch. Ice skating and recreation will be year round as the city is planning to improve the park. Two bedroom units, one upstairs and the other downstairs. Use it as a two unit, or perhaps an in-law apt. Newly remodeled kitchen dazzles, this kitschy welcoming multi has all the hallmarks of HOME.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Partial, Interior Entry
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 552.0
  • Flooring: Vinyl

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Intown, Near Shopping, Near Town, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance, Underground

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 10018.8
  • Parcel #: WSBR-000038-000000-000079
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0
  • Annual Operating Expense: 3500.0

Tax Info

  • Tax Annual Amount: 3818.0
  • Tax Lot: 079
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 5, 2021
Sold by
Valente Nicholas J and Valente Amy A
Bought by
Buxton William W and Buxton Erinn R
Seller's Agent
AmyBeth Brochu-Krikken
Rockstar Real Estate
Buyer's Agent
Emilie Levecque
Townsend Real Estate
List Price
$307,000
Sold Price
$370,000
Premium/Discount to List
$63,000
20.52%
Current Estimated Value
$565,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,137
Avg. Annual Appreciation
9.21%
Original Mortgage
$296,000
Outstanding Balance
$264,280
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,857

Purchase Details

Closed on
Nov 7, 2018
Sold by
Valente Nicholas J
Bought by
Valente Nicholas J and Valente Amy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Ledoux Annette C Est
Bought by
Valente Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,588
Interest Rate
3.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buxton William W -- None Available
Valente Nicholas J -- --
Valente Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buxton William W $296,000
Previous Owner Valente Nicholas J $198,000
Previous Owner Valente Nicholas $115,588
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2021 02/05/21 Sold $370,000 +20.5% $223 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $307,000 -- $185 / 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 $4,907 $294,200 $84,400 $209,800
2022 $4,447 $245,700 $70,300 $175,400
2021 $4,381 $245,700 $70,300 $175,400
2020 $3,818 $213,800 $70,300 $143,500
2019 $3,870 $213,800 $70,300 $143,500
2018 $3,550 $193,100 $61,200 $131,900
2017 $3,647 $193,100 $61,200 $131,900
2016 $3,586 $193,100 $61,200 $131,900
2015 $3,159 $175,900 $61,200 $114,700
2014 $3,025 $175,900 $61,200 $114,700
2013 $3,025 $175,900 $61,200 $114,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1477770

Maine Listings

APN: WSBR-000038-000000-000079