M
Seller's Agent in 2021
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
(207) 416-8217
29 in this area
119 Total Sales
53 Spring St Newport, ME 04953
Estimated Value: $204,000 - $267,000
4
Beds
5
Baths
2,700
Sq Ft
$85/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Level Lot
- Heating System Uses Oil
- No HOA
- Carpet
About This Home
As of July 20215 unit with good rental record 2 two bedroom and 3 one bedroom, fully occupied and current, GREAT INVESTMENT, pre approval and minimal 24 hour notice needed prior to showing
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Northeast Real Estate Listed on: 05/24/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,965
Year Built
- Built in 1920
Lot Details
- 0.26 Acre Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- 2,700 Sq Ft Home
- Cape Cod Architecture
- Bungalow
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Aluminum Siding
- Vinyl Siding
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Electric Water Heater
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number NEPT-000014-000000-000005
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $11,800
- Gross Income $38,740
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Jul 9, 2021
Sold by
Foster James D and Foster Alice L
Bought by
25 Capital Llc
Seller's Agent
Mike Merrow
Berkshire Hathaway HomeServices Northeast Real Estate
Buyer's Agent
Laurie Arena
Realty of Maine
List Price
$159,900
Sold Price
$159,900
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
$69,767
Avg. Annual Appreciation
8.34%
Original Mortgage
$127,900
Outstanding Balance
$115,545
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,122
Purchase Details
Closed on
Jun 29, 2005
Sold by
Jones Gail C and Jones 2Nd Robert D
Bought by
Foster James D and Foster Alice L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| 25 Capital Llc | -- | None Available | |
| Foster James D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 25 Capital Llc | $127,900 | |
| Previous Owner | Foster James D | $63,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2021 07/09/21 | Sold | $159,900 | 0.0% | $59 / Sq Ft |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $159,900 | -- | $59 / 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 | $2,410 | $137,700 | $16,700 | $121,000 |
| 2023 | $2,096 | $128,600 | $15,600 | $113,000 |
| 2022 | $1,993 | $101,700 | $12,400 | $89,300 |
| 2021 | $2,002 | $97,200 | $11,800 | $85,400 |
| 2020 | $1,965 | $95,400 | $11,600 | $83,800 |
| 2019 | $1,915 | $89,900 | $10,900 | $79,000 |
| 2018 | $1,915 | $89,900 | $10,900 | $79,000 |
| 2017 | $807 | $89,900 | $10,900 | $79,000 |
| 2016 | $399 | $89,900 | $10,900 | $79,000 |
| 2015 | $1,609 | $89,900 | $10,900 | $79,000 |
| 2014 | $1,546 | $89,900 | $10,900 | $79,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Merrow
-
Laurie Arena
L
Buyer's Agent in 2021
Laurie Arena
Realty of Maine
(207) 992-7182
16 in this area
48 Total Sales
Map
Source: Maine Listings
MLS Number: 1492933
APN: NEPT-000014-000000-000005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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