NOT LISTED FOR SALE

575 Stanley Rd Winthrop, ME 04364

Estimated Value: $371,000 - $393,000

4 Beds
2 Baths
1,792 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $345,000 $193 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,301/month

19 Days on Market

Highlights

  • Public Beach
  • Country Club
  • 3.17 Acre Lot
  • Winthrop Middle School Rated A-
  • View of Trees or Woods
  • Wooded Lot

About This Home

As of August 2024

This conveniently located Duplex offers rental income for investors or a great place for an owner-occupied residence with income. Has been rented at $1,400 a unit. Located 5 minutes from downtown Winthrop & 12 minutes from I-95 this location is ideal and provides endless options. This duplex has space for everyone with 2 bedrooms, bathroom, and deck per side. 3.17 Acres. Have the tenant pay your mortgage! The seller has replaced the pressure tank, drywall, flooring, and some tubing.

Last Agent to Sell the Property

Jackson Ladd

Homestead Realty Listed on: 06/27/2024

Co-Listed By

Pat Ladd

Homestead Realty

Last Buyer's Agent

Brett Davis

EXP Realty

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 2006

Lot Details

  • 3.17 Acre Lot
  • Public Beach
  • Rural Setting
  • Level Lot
  • Wooded Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Views of Woods
  • Storm Doors

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Private Sewer
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Porch
  • Property is near golf course
  • Pasture

Listing and Financial Details

  • Tax Lot 029A-5
  • Assessor Parcel Number WINP-000009-000029-A000005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $4,630
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,548

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.17
  • Road Surface Type: Paved
  • Co List Office Phone: 207-377-7300
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1792.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Efficiency: Storm Doors, Double Pane Windows
  • Year Built: 2006
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 183.59
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1792.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 4630.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • View:Fields: Yes
  • Heat System:Direct Vent Heater: Yes
  • Utility Info Electric On Site: Yes
  • Site:PastureField: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 1
  • Advertising Remarks:Advertising Remarks: This conveniently located Duplex offers rental income for investors or a great place for an owner-occupied residence with income. Has been rented at $1,400 a unit. Located 5 minutes from downtown Winthrop & 12 minutes from I-95 this location is ideal and provides endless options. This duplex has space for everyone with 2 bedrooms, bathroom, and deck per side. 3.17 Acres. Have the tenant pay your mortgage! The seller has replaced the pressure tank, drywall, flooring, and some tubing.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Stories: 1

Exterior Features

  • Lot Features: Level, Wooded, Pasture, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Rural
  • View: Trees/Woods, Fields
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On, Pole
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Winthrop Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 138085.2
  • Parcel #: WINP-000009-000029-A000005
  • Zoning: RU

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 4630.0

Tax Info

  • Tax Annual Amount: 3547.69
  • Tax Lot: 029A-5
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Aug 30, 2024
Sold by
Choate Thomas P
Bought by
Watson Coleman
Seller's Agent
Jackson Ladd
Homestead Realty
Buyer's Agent
Brett Davis
EXP Realty
List Price
$329,000
Sold Price
$345,000
Premium/Discount to List
$16,000
4.86%
Views
8
Current Estimated Value
$382,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,295
Avg. Annual Appreciation
7.72%
Original Mortgage
$338,751
Outstanding Balance
$334,782
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$47,513
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
Watson Coleman $345,000 None Available
Watson Coleman $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Coleman $338,751
Closed Watson Coleman $338,751
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $345,000 +4.9% $193 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $329,000 -- $184 / 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 $3,620 $156,700 $35,500 $121,200
2022 $3,411 $156,700 $35,500 $121,200
2021 $3,220 $156,700 $35,500 $121,200
2020 $3,236 $156,700 $35,500 $121,200
2019 $3,173 $156,700 $35,500 $121,200
2018 $2,869 $156,700 $35,500 $121,200
2017 $2,684 $156,700 $35,500 $121,200
2016 $2,482 $156,700 $35,500 $121,200
2015 $2,394 $156,700 $35,500 $121,200
2014 $2,394 $156,700 $35,500 $121,200
Source: Public Records

Agents Affiliated with this Home

  • Jackson Ladd

    Seller's Agent in 2024

    Jackson Ladd

    Homestead Realty

    (207) 441-5006

    49 in this area

    117 Total Sales

    Jackson Ladd
    Section Image
  • Pat Ladd

    Seller Co-Listing Agent in 2024

    Pat Ladd

    Homestead Realty

    (207) 458-7303

    110 in this area

    247 Total Sales

    Pat Ladd
    Section Image
  • Brett Davis

    Buyer's Agent in 2024

    Brett Davis

    EXP Realty

    (207) 865-9919

    1 in this area

    364 Total Sales

    Brett Davis
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1594917

Maine Listings

APN: WINP-000009-000029-A000005

Maine Kennebec County Winthrop 04364

575 Stanley Rd, Winthrop, ME

Not Listed for Sale

MultiFamily

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