NOT LISTED FOR SALE

Estimated Value: $665,237 - $764,000

4 Beds
2 Baths
2,924 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $425,000 $145 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,334/month

11 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Attic
  • Screened Porch

About This Home

As of September 2020

This spacious two unit located right on the Green Belt offers a great investment or owner occupant opportunity. Featuring a plentiful amount of indoor and outdoor space, each unit features two bedrooms and one bath and have their own deck overlooking the large, yard. Also two extra chances to relax and take in the beauty of Maine's sunshine via a three season porch off one of the first floor bedrooms or the screened in porch off the back of the house! Say goodbye to mosquito bites while enjoying these two spaces! Just minutes from Mill Creek and a quick drive over the bridge to Portland, convenience is an understatement. Why rent when you can offset your income with a fantastic property like this!?

Last Agent to Sell the Property

April Cohen

Bean Group Listed on: 07/15/2020

Last Buyer's Agent

Jason Bisson

The Atlantic Real Estate Network

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1856

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

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

Outdoor Features

  • Deck
  • Shed

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number SPOR-000026-000000-000046

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,764
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,260

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Broadway to Elm Street to left onto Chestnut Street.
  • Above Grade Finished Sq Ft: 2924.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1856
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 145.35
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2924.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Amenities:Walk-in Closets: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 14400.0
  • Income Expenses Operating Expenses: 5764.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: This spacious two unit located right on the Green Belt offers a great investment or owner occupant opportunity. Featuring a plentiful amount of indoor and outdoor space, each unit features two bedrooms and one bath and have their own deck overlooking the large, yard. Also two extra chances to relax and take in the beauty of Maine's sunshine via a three season porch off one of the first floor bedrooms or the screened in porch off the back of the house! Say goodbye to mosquito bites while enjoying these two spaces! Just minutes from Mill Creek and a quick drive over the bridge to Portland, convenience is an understatement. Why rent when you can offset your income with a fantastic property like this!?
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub, Walk-In Closet(s)
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 7840.8
  • Parcel #: SPOR-000026-000000-000046
  • Zoning: G

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0
  • Annual Operating Expense: 5764.0

Tax Info

  • Tax Annual Amount: 5260.0
  • Tax Lot: 46
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 30, 2020
Sold by
Weatherbie Suzanne L and Weatherbie Donna S
Bought by
Goodwin Sarah and Goodwin Chad M
Seller's Agent
April Cohen
Bean Group
Buyer's Agent
Jason Bisson
The Atlantic Real Estate Network
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$707,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,809
Avg. Annual Appreciation
10.33%
Original Mortgage
$318,750
Outstanding Balance
$283,511
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$424,298
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 Buyer Sale Price Title Company
Goodwin Sarah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin Sarah $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $425,000 0.0% $145 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $425,000 -- $145 / 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 $7,459 $565,100 $160,000 $405,100
2023 $6,462 $457,000 $105,900 $351,100
2022 $6,249 $401,600 $84,600 $317,000
2021 $5,904 $401,600 $84,600 $317,000
2020 $5,439 $275,400 $73,300 $202,100
2019 $5,136 $275,400 $73,300 $202,100
2018 $4,992 $275,400 $73,300 $202,100
2017 $4,957 $275,400 $73,300 $202,100
2016 $4,875 $275,400 $73,300 $202,100
2015 $4,792 $275,400 $73,300 $202,100
2014 $4,709 $275,400 $73,300 $202,100
2013 -- $275,400 $73,300 $202,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460442

Maine Listings

APN: SPOR-000026-000000-000046