P
Seller's Agent in 2020
Pamela Bailey
RE/MAX On The Move
52 Old Dennett Rd Kittery, ME 03904
Estimated Value: $638,000 - $998,000
4
Beds
2
Baths
2,442
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- 1.5 Acre Lot
- Wood Flooring
- Horace Mitchell Primary School Rated A-
- Colonial Architecture
- Attic
About This Home
As of July 2020What an opportunity! 11.31% Cap Rate!
This super cute two family can be your investment property or you can live in one side and have the mortgage paid by the other side! Current owner rents both sides on Air B & B and grosses about $53,000/yr. Duplex on a large (1.5 acres) corner lot close to all the great restaurants and shopping at the Kittery Outlet Mall and less than 1 mile to Portsmouth. Close to beaches or skiing and hiking, this is the perfect location! Unit one has a winding stair case that welcomes you into this 1770 farmhouse and throughout the home you will find eclectic boho style decor, wide pine floors, comfy bedrooms and the sweetest imperfections of an older home revamped. Stainless appliances and full sized washer and dryer. A surprise hidden office space that is currently used for supplies. Also has a one car garage. Unit two has also been updated and includes a farmers sink, new cabinets and designer wallpaper in the kitchen. It has two bedrooms and one bath with cement tile. You will feel right at home here! The neighbors are friendly and there is plenty of parking. Owner has gotten permission to put build a two story barn with a bathroom. Need 24-48 hrs notice to show Can only do showings between 9-5
Last Agent to Sell the Property
Pamela Bailey
RE/MAX On The Move Listed on: 03/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,218
Year Built
- Built in 1770
Lot Details
- 1.5 Acre Lot
- Corner Lot
- Level Lot
Parking
- 1 Car Attached Garage
- Common or Shared Parking
- Shared Driveway
Home Design
- Duplex
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Asbestos Siding
- Asbestos
- Clapboard
Interior Spaces
- 2,442 Sq Ft Home
- 2-Story Property
- Laundry on main level
- Attic
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Brick Basement
- Exterior Basement Entry
- Sump Pump
- Dirt Floor
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Kerosene
- Electric Water Heater
- Septic System
- Internet Available
Additional Features
- Nearby Water Access
- Suburban Location
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number KITT-000007-000000-000009
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $53,222
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2020
Closed on
Jul 1, 2020
Sold by
Hodgkins Pamela J
Bought by
Walsh Benjamin M and Pearl Allison L
Seller's Agent
Pamela Bailey
RE/MAX On The Move
Buyer's Agent
Scott Blanchard
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,227
Avg. Annual Appreciation
9.36%
Original Mortgage
$461,487
Interest Rate
3.2%
Mortgage Type
FHA
Purchase Details
Listed on
Nov 24, 2014
Closed on
Jun 13, 2016
Sold by
Shepard Kim B
Bought by
Hodgkins Pamela J
Seller's Agent
Catherine Youngs
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Catherine Youngs
Carlson GMAC Real Estate
List Price
$335,900
Sold Price
$299,000
Premium/Discount to List
-$36,900
-10.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$293,584
Interest Rate
3.66%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Walsh Benjamin M | -- | None Available | |
| Hodgkins Pamela J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Walsh Benjamin M | $457,875 | |
| Closed | Walsh Benjamin M | $461,487 | |
| Previous Owner | Hodgkins Pamela J | $293,584 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $470,000 | -10.5% | $192 / Sq Ft |
| 05/05/2020 05/05/20 | Pending | -- | -- | -- |
| 03/23/2020 03/23/20 | For Sale | $525,000 | +75.6% | $215 / Sq Ft |
| 06/10/2016 06/10/16 | Sold | $299,000 | -11.0% | $110 / Sq Ft |
| 05/03/2016 05/03/16 | Pending | -- | -- | -- |
| 11/24/2014 11/24/14 | For Sale | $335,900 | -- | $124 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,913 | $346,000 | $114,600 | $231,400 |
| 2023 | $4,709 | $346,000 | $114,600 | $231,400 |
| 2022 | $4,664 | $346,000 | $114,600 | $231,400 |
| 2021 | $4,498 | $346,000 | $114,600 | $231,400 |
| 2020 | $4,675 | $362,400 | $114,600 | $247,800 |
| 2019 | $4,369 | $251,100 | $73,700 | $177,400 |
| 2018 | $4,218 | $251,100 | $73,700 | $177,400 |
| 2017 | $4,143 | $251,100 | $73,700 | $177,400 |
| 2016 | $4,030 | $251,100 | $73,700 | $177,400 |
| 2015 | $3,935 | $251,100 | $73,700 | $177,400 |
| 2014 | $3,897 | $251,100 | $73,700 | $177,400 |
| 2013 | $3,822 | $251,100 | $73,700 | $177,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Scott Blanchard
Buyer's Agent in 2020
Scott Blanchard
Keller Williams Coastal and Lakes & Mountains Realty
(207) 752-6165
4 in this area
60 Total Sales
-
C
Seller's Agent in 2016
Catherine Youngs
Berkshire Hathaway HomeServices Verani Realty
Map
Source: Maine Listings
MLS Number: 1447904
APN: KITT-000007-000000-000009
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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