NOT LISTED FOR SALE

551 E Bridge St Westbrook, ME 04092

Estimated Value: $488,000

3 Beds
1.5 Baths
1,352 Sq Ft
$361/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $416,590 $308 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,040/month

35 Days on Market

Highlights

  • New Construction
  • Deck
  • Granite Countertops
  • Colonial Architecture
  • Wood Flooring
  • No HOA

About This Home

As of January 2023

New construction in convenient Westbrook location! This 3 bedroom, 1.5 bath home offers a kitchen with white cabinetry, granite countertops & stainless steel appliances which opens to the dining area and living room with hickory floors. The second level is completed by a primary bedroom with walk-in closet, two additional bedrooms and a full bath. Just under 10 minutes to Rock Row amenities and downtown Westbrook! This fantastic location allows for easy access to the lakes region and into Portland via Route 302.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 10/25/2022

RE/MAX By The Bay

Last Buyer's Agent

Joel Turgo

Green Tree Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Open Lot
  • Property is zoned RGA2

Home Design

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

Interior Spaces

  • 1,352 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Water Heated On Demand

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block B / 202
  • Assessor Parcel Number 551EastBridgeStreetWestbrook04092

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 302 turn onto East Bridge Street, house in on the left.
  • Above Grade Finished Sq Ft: 1352.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • New Construction: Yes
  • Year Built: 2022
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 310.58
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.25
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1352.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: 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
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Walk-in Closet17: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: New construction in convenient Westbrook location! This 3 bedroom, 1.5 bath home offers a kitchen with white cabinetry, granite countertops & stainless steel appliances which opens to the dining area and living room with hickory floors. The second level is completed by a primary bedroom with walk-in closet, two additional bedrooms and a full bath. Just under 10 minutes to Rock Row amenities and downtown Westbrook! This fantastic location allows for easy access to the lakes region and into Portland via Route 302.
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 551EastBridgeStreetWestbrook04092
  • Zoning: RGA2

Tax Info

  • Tax Annual Amount: 852.51
  • Tax Block: 202
  • Tax Lot: B
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Jan 20, 2023
Sold by
Mtr Development Llc
Bought by
Taylor Terry S
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Joel Turgo
Green Tree Realty, LLC
List Price
$420,000
Sold Price
$416,591
Premium/Discount to List
-$3,409
-0.81%
Views
35
Current Estimated Value
$488,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,409
Avg. Annual Appreciation
5.43%
Original Mortgage
$304,500
Outstanding Balance
$294,274
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,726
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Taylor Terry S $412,500 None Available
Taylor Terry S $412,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Terry S $304,500
Closed Taylor Terry S $304,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $416,591 -0.8% $308 / Sq Ft
11/15/2022 11/15/22 Price Changed $419,900 +5.0% $311 / Sq Ft
11/04/2022 11/04/22 Price Changed $399,900 -4.8% $296 / Sq Ft
10/25/2022 10/25/22 For Sale $420,000 -- $311 / 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 $4,330 $259,600 $62,700 $196,900
2022 $2,811 $155,300 $52,300 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1546762

Maine Listings

APN: WSBR M:052 L:202-B