NOT LISTED FOR SALE

53 Parker St Brewer, ME 04412

Estimated Value: $219,200 - $351,000

6 Beds
4 Baths
3,080 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $134,900 $44 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,961/month

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Zoned Heating

About This Home

As of February 2020

Affordable Multi-unit investment! 3 total units, 2 vacant allowing you to choose your own tenants. 2 bedrooms, 1 bathroom, and separate entrances. Complete with a fenced backyard and paved driveway for private parking. Each unit has designated hot water heater and electrical meter. Unit #3 has it's own heat pump with electric backup heating. Newer roof installed in 2012 and the windows replaced in 2011. Great investment property location - 5 minutes to downtown Bangor or Wilson Street in Brewer.

Last Agent to Sell the Property

Kortnie Mullins

Realty of Maine Listed on: 01/10/2020

Realty of Maine

Co-Listed By

Ashley Sheehan

Realty of Maine

Last Buyer's Agent

Michael Ellis

Realty of Maine

Realty of Maine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,080 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • The property is located in a historic district

Utilities

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

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number BRER-000030-000000-000025

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,216

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2165
  • Co List Office Phone: 207-942-6310
  • MLS Status: Closed
  • Directions: Cross over Union Street bridge into Brewer. Turn left at the light. Continue 0.2 miles, then turn right onto Parker Street. Listing is 3rd house on the right.
  • Above Grade Finished Sq Ft: 3080.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3080.0
  • 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:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 24900.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Historic District, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Heat Pump, Baseboard
  • 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: 6534.0
  • Parcel #: BRER-000030-000000-000025
  • Zoning: Res.

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24900.0

Tax Info

  • Tax Annual Amount: 3216.0
  • Tax Book Number: 9543
  • Tax Lot: 25
  • Tax Map Number: 30
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2020
Closed on
Feb 14, 2020
Sold by
Grant William
Bought by
Ic Capital Management Llc
Seller's Agent
Kortnie Mullins
Realty of Maine
Buyer's Agent
Michael Ellis
Realty of Maine
List Price
$139,900
Sold Price
$134,900
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$292,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,400
Avg. Annual Appreciation
14.69%
Original Mortgage
$107,920
Outstanding Balance
$95,773
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$196,527
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
Ic Capital Management Llc -- None Available
Ic Capital Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ic Capital Management Llc $107,920
Closed Ic Capital Management Llc $107,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $134,900 -3.6% $44 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $139,900 -- $45 / 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 $4,939 $262,700 $26,100 $236,600
2023 $4,237 $210,800 $24,100 $186,700
2021 $4,021 $180,300 $23,900 $156,400
2020 $3,258 $143,200 $23,900 $119,300
2019 $3,216 $139,900 $23,900 $116,000
2018 $3,148 $139,900 $23,900 $116,000
2017 $3,148 $139,900 $23,900 $116,000
2016 $3,011 $139,900 $23,900 $116,000
2015 $3,011 $139,900 $23,900 $116,000
2014 $2,927 $139,900 $23,900 $116,000
2013 $2,789 $133,300 $12,400 $120,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1442172

Maine Listings

APN: BRER-000030-000000-000025