NOT LISTED FOR SALE

555 Emerys Bridge Rd South Berwick, ME 03908

Estimated Value: $502,000 - $769,000

4 Beds
2 Baths
2,636 Sq Ft
$257/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $570,000 $216 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,427/month

151 Days on Market

Highlights

  • Public Beach
  • 9.46 Acre Lot
  • Wooded Lot
  • Scenic Views
  • Deck
  • 1-minute walk to Orris Falls Conservation Area

About This Home

As of April 2022

Nestled on a 9.46 acre lot abutting the Orris Falls Conservation Area you'll find this captivating property that includes a spacious duplex and 3 charming cabins. The wide pine floors, wood beams and open concept layout make it easy to owner occupy. Completely rebuilt in 2019 with separate heating systems, utilities, and electric meters makes this an easy ''low-maintenance'' property to rent. Located only 15 minutes from Ogunquit Beach and having the great falls hiking trails throughout the property allows for a unique opportunity to potentially rent the Cabins on AirBnB with town approval. There's room for expansion as well with another cabin site ready for you to add more. Take advantage of the opportunity to own your own private Maine oasis.

Last Agent to Sell the Property

Bradley Stephens

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 09/01/2021

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Bradley Stephens

Keller Williams Coastal and Lakes & Mountains Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,532

Year Built

  • Built in 2019

Lot Details

  • 9.46 Acre Lot
  • Public Beach
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Wooded Lot

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Duplex
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,636 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Shed

Location

  • Property is near a golf course

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number SBER-000010-000000-000030

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $6,700
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,532

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 9.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Rt.1 in Ogunquit take a left onto Berwick Rd for 2.5 miles, continue onto Ogunquit Rd for 3 miles. Turn left onto Emerys Bridge Rd for .9 miles. Property will be on the right.
  • Above Grade Finished Sq Ft: 2636.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 9.46
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2636.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 6700.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Style:Duplex: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Location:Abuts Conservation: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Cooling:AC Units: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Full, Exterior Entry, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Town
  • View: Trees/Woods, Scenic
  • Waterfront: No
  • Construction Type: Shingle Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 412077.6
  • Parcel #: SBER-000010-000000-000030
  • Zoning: R4

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 6700.0

Tax Info

  • Tax Annual Amount: 5532.0
  • Tax Book Number: 17872
  • Tax Lot: 30
  • Tax Map Number: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Mar 29, 2022
Sold by
Avery Ft
Bought by
Teetering Stone Lc
Seller's Agent
Bradley Stephens
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Bradley Stephens
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$600,000
Sold Price
$570,000
Premium/Discount to List
-$30,000
-5%
Current Estimated Value
$678,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,131
Avg. Annual Appreciation
7.47%
Original Mortgage
$456,000
Outstanding Balance
$432,592
Interest Rate
4.42%
Mortgage Type
Commercial
Estimated Equity
$284,670

Purchase Details

Closed on
Oct 7, 2013
Sold by
Macleod Margaret J
Bought by
Macleod Margaret J

Purchase Details

Closed on
Feb 8, 2011
Sold by
Macleod Donald A Est
Bought by
Macleod Margaret J
Source: Public Records

Range of Values:

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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
Teetering Stone Lc -- None Available
Macleod Margaret J -- --
Macleod Margaret J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teetering Stone Lc $456,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $570,000 -5.0% $216 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
09/01/2021 09/01/21 For Sale $600,000 -- $228 / 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 $7,800 $581,200 $166,800 $414,400
2023 $7,106 $509,000 $146,000 $363,000
2022 $6,305 $433,600 $139,000 $294,600
2021 $5,484 $352,900 $126,500 $226,400
2020 $5,532 $316,100 $111,900 $204,200
2019 $2,583 $137,400 $101,700 $35,700
2018 $18,241 $172,200 $117,800 $54,400
2017 $19,359 $172,200 $117,800 $54,400
2016 $3,232 $176,600 $117,800 $58,800
2015 $3,143 $176,600 $117,800 $58,800
2014 $3,126 $176,600 $117,800 $58,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1507375

Maine Listings

APN: 010-030-000-000