NOT LISTED FOR SALE

54-56 Jacqueline Way Westbrook, ME 04092

Estimated Value: $680,000 - $746,000

4 Beds
4 Baths
2,320 Sq Ft
$312/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $550,000 $237 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,681/month

3 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Tankless Water Heater
  • Deck
  • Porch
  • Forced Air Zoned Heating System

About This Home

As of September 2021

This 4 year old Westbrook multifamily is a perfect owner-occupied or investor property with an option to deliver one of the units empty or keep both sides rented. Includes touches such as granite counters, soft close cabinets and tankless heat/hot water. Each side has its own generously sized driveway, its own front porch and private back deck. With doghouse entry, each unit's basement could easily be finished to provide extra living and bathroom space.
There's nothing required other than to move in and enjoy living in a community with parks, sidewalks and easy walking options. Close to downtown Westbrook, the highway, airport, Maine Mall and downtown Portland, everything from food shopping to recreation is a short walk or drive away.
There's room to garden and enjoy the generous backyard with family and friends.
The excellent condition and young age of the property along with very good cash flow and low operating expenses make this Westbrook multi a rare find.
Each unit has had a steady tenant history, been gently lived in and is in like-new condition. Tenants pay their own heat and hot water and there is even room to raise the rent to market standards. Current owner uses the services of a property management company; the expense figure on MLS does not include the owner's mortgage payment, nor does it include the fees for property management services.
Out of respect for tenant privacy and inconvenience, showings limited to 11-3p on Saturday and 1-3p on Sunday. We ask that offers be submitted no later than Monday at 5p with a 24hour review time.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 07/30/2021

Keller Williams Realty

Co-Listed By

Donna Galluzzo

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Jason Bisson

Cottage & Co Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,446

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot

Home Design

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

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • High-Efficiency Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Tankless Water Heater
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 220
  • Assessor Parcel Number WSBR-000008-000000-000220

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,365
  • Gross Income $40,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,446

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2320.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: No
  • Efficiency: Tankless Water Heater, Programmable Thermostat, 90% Efficient Furnace
  • Building Stories: 2
  • Year Built: 2017
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2320.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 40741.0
  • Income Expenses Operating Expenses: 9365.0
  • Style:Multi-Level: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Tankless Water Heater: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Furnace, Baseboard
  • 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: 10018.8
  • Parcel #: WSBR-000008-000000-000220
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40741.0
  • Annual Operating Expense: 9365.0

Tax Info

  • Tax Annual Amount: 6446.0
  • Tax Book Number: 34042
  • Tax Lot: 220
  • Tax Map Number: 8
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Gore Marguerite P
Bought by
Dorjee Tsultrim
Total Days on Market
3
Current Estimated Value
$724,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$447,776
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,964

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 17, 2021
Sold by
Michaud Jacob L
Bought by
Gore Marguerite P
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jason Bisson
Cottage & Co Real Estate
List Price
$479,000
Sold Price
$550,000
Premium/Discount to List
$71,000
14.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$330,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2017
Sold by
Sebago Capital Partners
Bought by
Tem Properties Llc
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
Dorjee Tsultrim $750,000 None Available
Dorjee Tsultrim $750,000 None Available
Gore Marguerite P -- None Available
Gore Marguerite P -- None Available
Tem Properties Llc -- --
Tem Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorjee Tsultrim $450,000
Closed Dorjee Tsultrim $450,000
Previous Owner Gore Marguerite P $330,000
Previous Owner Michaud Jacob L $311,250
Previous Owner Michaud Jacob L $60,000
Previous Owner Michaud Jacob L $233,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $550,000 +14.8% $237 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $479,000 -- $206 / 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 $7,343 $440,200 $109,700 $330,500
2022 $6,532 $360,900 $91,500 $269,400
2021 $6,435 $360,900 $91,500 $269,400
2020 $6,446 $360,900 $91,500 $269,400
2019 $6,446 $360,900 $91,500 $269,400
2018 $3,606 $293,700 $79,500 $214,200
2017 $1,352 $71,600 $71,600 $0
2016 $1,317 $71,600 $71,600 $0
2015 $1,286 $71,600 $71,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502986

Maine Listings

APN: WSBR-000008-000000-000220