A
Seller's Agent in 2021
Amber
The Collective Real Estate Co
(207) 808-3050
3 in this area
34 Total Sales
57 Central St Westbrook, ME 04092
Estimated Value: $454,582 - $672,000
5
Beds
2
Baths
1,854
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Tandem Parking
- Wood Flooring
- Porch
- Level Lot
About This Home
As of August 2021Investment opportunity in Westbrook! This well maintained 2 unit is just minutes to the city's new Rock Row Development, under 15 minutes to Maine Medical Center and downtown Portland, and easy access to 95 and 295 interstates. The 2 bedroom unit and 3 bedroom unit, all with dedicated heat, hot water, and electric, private decks/porches, washer dryer hookups in basement, and off street parking are currently occupied at well below market rent. Perfect owner occupied opportunity, or a prime investment to add to the portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,079
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
Home Design
- 1,854 Sq Ft Home
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Carpet
- Laminate
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- Tandem Parking
- Gravel Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Water Heater Leased
Additional Features
- 2 Full Bathrooms
- Washer and Dryer Hookup
- City Lot
Listing and Financial Details
- Tax Lot 192
- Assessor Parcel Number WSBR-000028-000000-000192
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $13,155
- Gross Income $26,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2021
Closed on
Aug 13, 2021
Sold by
Michaud Justin M
Bought by
Teng Stephen
Seller's Agent
Amber
The Collective Real Estate Co
Buyer's Agent
Lauren Jones
F.O. Bailey Real Estate
List Price
$425,000
Sold Price
$377,500
Premium/Discount to List
-$47,500
-11.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,146
Avg. Annual Appreciation
8.76%
Original Mortgage
$370,662
Outstanding Balance
$337,047
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$217,599
Purchase Details
Closed on
Nov 17, 2016
Sold by
Chasse Jason G
Bought by
Michaud Justin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,326
Interest Rate
3.42%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Teng Stephen | -- | None Available | |
| Michaud Justin M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Teng Stephen | $370,662 | |
| Previous Owner | Michaud Justin M | $253,326 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $377,500 | -11.2% | $204 / Sq Ft |
| 06/28/2021 06/28/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $425,000 | -- | $229 / Sq Ft |
Source: Maine Listings
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 | $4,560 | $273,400 | $76,100 | $197,300 |
| 2022 | $4,134 | $228,400 | $63,400 | $165,000 |
| 2021 | $4,072 | $228,400 | $63,400 | $165,000 |
| 2020 | $4,079 | $228,400 | $63,400 | $165,000 |
| 2019 | $4,079 | $228,400 | $63,400 | $165,000 |
| 2018 | $3,454 | $177,900 | $55,200 | $122,700 |
| 2017 | $3,359 | $177,900 | $55,200 | $122,700 |
| 2016 | $3,273 | $177,900 | $55,200 | $122,700 |
| 2015 | $3,195 | $177,900 | $55,200 | $122,700 |
| 2014 | $3,060 | $177,900 | $55,200 | $122,700 |
| 2013 | $3,060 | $177,900 | $55,200 | $122,700 |
Source: Public Records
Agents Affiliated with this Home
-
Amber
-
Nicole Mueller
Seller Co-Listing Agent in 2021
Nicole Mueller
The Collective Real Estate Co
(207) 514-4372
2 in this area
21 Total Sales
-
Lauren Jones
Buyer's Agent in 2021
Lauren Jones
F.O. Bailey Real Estate
(207) 781-1111
5 in this area
91 Total Sales
Map
Source: Maine Listings
MLS Number: 1488767
APN: WSBR-000028-000000-000192
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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