$423,000
SOLD MAR 11, 2025

540 Spring St Westbrook, ME 04092

3 Beds
1 Bath
1,092 Sq Ft
1.5 Acres

Recently Sold

$387 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • 143 Feet of Waterfront
  • 1.5 Acre Lot
  • Ranch Style House
  • View of Trees or Woods
  • River Nearby
  • Granite Countertops

About This Home

As of March 2025

Welcome to this lovely 3-bedroom, 1-bathroom home situated in a superior location in Westbrook, Maine. Offering both comfort and convenience, this property is just minutes away from the vibrant city life of Portland and South Portland shopping, dining, and entertainment. In addition, the beautiful beaches are only a short distance away, making it the perfect spot for Mainers and out-of-staters alike!

The home features a thoughtful layout with spacious rooms, natural light, and a cozy atmosphere that invites you to settle right in. With a prime location, you'll appreciate easy access to Maine's largest city while still enjoying the peace and tranquility of a residential area.

Whether you are a first-time homebuyer, looking for a getaway, or seeking an investment opportunity, this property offers exceptional potential. Don't miss out on this rare opportunity to own in one of the most sought-after areas in Greater Portland. Schedule your showing today!

Last Agent to Sell the Property

Conner Richardson

Maine Real Estate Co Listed on: 01/16/2025

Last Buyer's Agent

Jonathon Stinson

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1942

Lot Details

  • 1.5 Acre Lot
  • 143 Feet of Waterfront
  • River Front
  • Level Lot
  • Open Lot
  • Property is zoned RGA 1

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,092 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Concrete Flooring
  • Views of Woods
  • Storm Doors

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • River Nearby
  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Programmable Thermostat
  • Natural Gas Not Available
  • Gas Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number WSBR-000005-000000-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,032

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Road Surface Type: Paved
  • Water Body Name: Stroudwater River
  • MLS Status: Closed
  • Directions: GPS Friendly Route 25 or County Road to Spring Street
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Programmable Thermostat, Double Pane Windows
  • Year Built: 1942
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 365.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1092.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 1.0
  • Kitchen Countertop:Granite: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Roof:Pitched: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Heat Fuel:Wood2: Yes
  • Water Info:Waterfront Amount -: 143.0
  • Water Info:Water Frontage Owned -: 143.0
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Room Features:Heat Stove29: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Floors:Concrete2: Yes
  • Location:Abuts Conservation: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Welcome to this lovely 3-bedroom, 1-bathroom home situated in a superior location in Westbrook, Maine. Offering both comfort and convenience, this property is just minutes away from the vibrant city life of Portland and South Portland shopping, dining, and entertainment. In addition, the beautiful beaches are only a short distance away, making it the perfect spot for Mainers and out-of-staters alike! The home features a thoughtful layout with spacious rooms, natural light, and a cozy atmosphere that invites you to settle right in. With a prime location, you'll appreciate easy access to Maine's largest city while still enjoying the peace and tranquility of a residential area. Whether you are a first-time homebuyer, looking for a getaway, or seeking an investment opportunity, this property offers exceptional potential. Don't miss out on this rare opportunity to own in one of the most sought-after areas in Greater Portland. Schedule your showing today!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Abuts Conservation, Near Shopping, Near Town, Suburban
  • View: Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Westbrook Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: WSBR-000005-000000-000001
  • Zoning: RGA 1

Tax Info

  • Tax Annual Amount: 4032.0
  • Tax Lot: 001
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2025
Closed on
Mar 11, 2025
Sold by
Rodriguez Roy
Bought by
Barnhart Kris and Barnhart Katherine
Seller's Agent
Conner Richardson
Maine Real Estate Co
Buyer's Agent
Jonathon Stinson
Keller Williams Realty
List Price
$399,000
Sold Price
$423,000
Premium/Discount to List
$24,000
6.02%
Views
72
Current Estimated Value
$437,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,185
Avg. Annual Appreciation
4.26%

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 29, 2022
Sold by
Terra Nova Llc
Bought by
Rodriguez Roy
Seller's Agent
Jaye Gorham
Portside Real Estate Group
Buyer's Agent
Patrick Gorham
Portside Real Estate Group
List Price
$369,000
Sold Price
$372,900
Premium/Discount to List
$3,900
1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$298,320
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2022
Sold by
Waterman James D
Bought by
Terra Nova Llc

Purchase Details

Listed on
Aug 2, 2018
Closed on
Oct 15, 2018
Sold by
Us Bank Na
Bought by
Waterman James D
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$164,900
Sold Price
$158,000
Premium/Discount to List
-$6,900
-4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Us Bank Na Tr
Bought by
Us Bank Na Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $423,000 None Available
Warranty Deed $423,000 None Available
Warranty Deed $372,900 None Available
Warranty Deed $372,900 None Available
Warranty Deed $211,500 None Available
Warranty Deed $211,500 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $298,320 Purchase Money Mortgage
Previous Owner $160,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2025 03/11/25 Sold $423,000 +6.0% $387 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $399,000 +7.0% $365 / Sq Ft
06/29/2022 06/29/22 Sold $372,900 +1.1% $341 / Sq Ft View Prior Sale
05/17/2022 05/17/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $369,000 +133.5% $338 / Sq Ft
10/05/2018 10/05/18 Sold $158,000 -4.2% $145 / Sq Ft View Prior Sale
09/18/2018 09/18/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $164,900 -- $151 / 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 $4,032 $241,700 $109,100 $132,600
2022 $3,649 $201,600 $91,100 $110,500
2021 $3,595 $201,600 $91,100 $110,500
2020 $3,601 $201,600 $91,100 $110,500
2019 $3,601 $201,600 $91,100 $110,500
2018 $3,141 $171,500 $79,400 $92,100
2017 $3,238 $171,500 $79,400 $92,100
2016 $3,156 $171,500 $79,400 $92,100
2015 $3,080 $171,500 $79,400 $92,100
2014 $2,950 $171,500 $79,400 $92,100
2013 $2,950 $171,500 $79,400 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612694

Maine Listings

APN: WSBR-000005-000000-000001