NOT LISTED FOR SALE

56 Pine Hill Rd Berwick, ME 03901

Estimated Value: $402,000 - $555,000

4 Beds
2 Baths
2,013 Sq Ft
$231/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $245,000 $122 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,921/month

Highlights

  • Barn
  • New Englander Architecture
  • Attic
  • Wood Flooring
  • Main Floor Bedroom
  • No HOA

About This Home

As of March 2019

Good location, good condition, good price, make this duplex a good investment.

Completely remodeled first level, freshly painted second level, and a barn with lots of potential! Large rear yard. Newer roof, new boilers, separate utilities, tenants pay for trash, lawn care and snow removal. $2000 monthly income, $1050 down, $950 up. Tenants have deposits.
One tenant is at will other is on a new lease (2nd level).

Last Agent to Sell the Property

Marcel Bartley

RE/MAX Shoreline Listed on: 02/02/2019

RE/MAX Shoreline

Last Buyer's Agent

Marcel Bartley

RE/MAX Shoreline Listed on: 02/02/2019

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,013 Sq Ft Home
  • Double Pane Windows
  • Attic

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • City Lot
  • Barn

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number BERW-000007U-000000-000012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 25-Story Property

Additional Features

  • Community Storage Space
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Just 1/4 mile from Berwick center. Take Sullivan to Pine Hill, property is on right three doors down from Knox Lane
  • Above Grade Finished Sq Ft: 2013.0
  • Architectural Style: Farmhouse, New Englander
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Building Stories: 25
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 124.19
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2013.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 25
  • Income Expenses Gross Income: 24000.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Other Structures Barn2: Yes
  • Advertising Remarks:Advertising Remarks: Call text or email Marcel Bartley for more details 207-252-1252. MarcelBartley@remax.net
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 25

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Shower, Storage
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Intown, Near Town
  • Waterfront: No
  • Exclusions: none
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Other Structures: Barn
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • 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

Schools

  • Junior High Dist: RSU 60/MSAD 60

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: BERW-000007U-000000-000012
  • Zoning: R1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0

Tax Info

  • Tax Annual Amount: 3392.0
  • Tax Lot: 12
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
Mar 20, 2019
Sold by
Demetracopoulos John G and Demetracopoulos John
Bought by
Alexandra Ft and Gharios
Seller's Agent
Marcel Bartley
RE/MAX Shoreline
Buyer's Agent
Marcel Bartley
RE/MAX Shoreline
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$465,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,680
Avg. Annual Appreciation
10.03%
Original Mortgage
$183,750
Outstanding Balance
$160,891
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$304,789

Purchase Details

Closed on
Sep 19, 2008
Sold by
Johnson Forrest H and Johnson Helen A
Bought by
Johnson Chritine O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alexandra Ft -- --
Alexandra Ft -- --
Alexandra Ft -- --
Johnson Chritine O -- --
Johnson Harland M -- --
Johnson Forrest H -- --
Johnson Harland M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexandra Ft $183,750
Closed Alexandra Ft $183,750
Previous Owner Johnson Harland M $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2019 03/20/19 Sold $245,000 -2.0% $122 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $250,000 +16.8% $124 / Sq Ft
10/26/2016 10/26/16 Sold $214,000 -4.9% $105 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $225,000 0.0% $110 / Sq Ft
04/22/2015 04/22/15 Rented $850 0.0% --
04/20/2015 04/20/15 Under Contract -- -- --
04/08/2015 04/08/15 For Rent $850 +6.3% --
05/22/2014 05/22/14 Rented $800 -5.9% --
05/19/2014 05/19/14 Under Contract -- -- --
04/28/2014 04/28/14 For Rent $850 0.0% --
10/12/2012 10/12/12 Sold $24,000 -3.6% $25 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $24,900 -- $26 / 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 $5,655 $453,500 $95,100 $358,400
2023 $4,142 $226,100 $67,900 $158,200
2022 $4,120 $226,100 $67,900 $158,200
2021 $4,138 $226,100 $67,900 $158,200
2020 $3,964 $226,100 $67,900 $158,200
2019 $3,964 $226,100 $67,900 $158,200
2018 $3,305 $192,700 $61,800 $130,900
2017 $3,305 $192,700 $61,800 $130,900
2016 $3,141 $192,700 $61,800 $130,900
2014 $3,131 $196,900 $61,800 $135,100
2013 $3,175 $197,800 $61,800 $136,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1403583

Maine Listings

APN: BERW-000007U-000000-000012