NOT LISTED FOR SALE

586 Spring St Westbrook, ME 04092

7 Acres
-- Price per Acre
304,920 Sq Ft Lot

Sale Details

Date Sold: February 21, 2020

Last sale price $350,000

139 Days on Market

Highlights

  • 7 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of February 2020

We are pleased to offer a rare industrial redevelopment opportunity at 586 Spring Street in Westbrook. The property is located adjacent to the Five Star Industrial Park and currently
zoned for industrial use (IPD). Use the residential income while building your company's next home.

Last Agent to Sell the Property

Samuel LeGeyt

The Dunham Group Listed on: 05/29/2019

The Dunham Group

Last Buyer's Agent

Samuel LeGeyt

The Dunham Group Listed on: 05/29/2019

The Dunham Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,642

Lot Details

  • 7 Acre Lot
  • Wooded Lot
  • Property is zoned IPD

Parking

  • Driveway
  • Paved Parking

Utilities

  • Electricity To Lot Line
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number WSBR-000005-000000-000004

Property Details

Property Type

Land

Est. Annual Taxes

$4,642

Lot Details

7 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 7.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 7.0
  • Water Info:Water Frontage2: No
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Parking:Paved3: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Mobile Homes Allowed: No
  • Utility Info Electric On Site: Yes
  • Advertising Remarks:Advertising Remarks: We are pleased to offer a rare industrial redevelopment opportunity at 586 Spring Street in Westbrook. The property is located adjacent to the Five Star Industrial Park and currently zoned for industrial use (IPD). Use the residential income while building your company's next home.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Industrial Park
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved

Utilities

  • Electric: On Site, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 304920.0
  • Parcel #: WSBR-000005-000000-000004
  • Zoning: IPD

Tax Info

  • Tax Annual Amount: 4642.0
  • Tax Lot: 4
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2019
Closed on
Feb 21, 2020
Sold by
Bought by
Seller's Agent
Samuel LeGeyt
The Dunham Group
Buyer's Agent
Samuel LeGeyt
The Dunham Group
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $283,900
Closed $345,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $350,000 -22.2% --
10/16/2019 10/16/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $450,000 -- --
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,389 $323,100 $133,600 $189,500
2022 $4,874 $269,300 $111,400 $157,900
2021 $4,802 $269,300 $111,400 $157,900
2020 $4,810 $269,300 $111,400 $157,900
2019 $4,810 $269,300 $111,400 $157,900
2018 $4,130 $232,700 $98,200 $134,500
2017 $4,393 $232,700 $98,200 $134,500
2016 $4,282 $232,700 $98,200 $134,500
2015 $4,179 $232,700 $98,200 $134,500
2014 $4,002 $232,700 $98,200 $134,500
2013 $4,002 $232,700 $98,200 $134,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1416830

Maine Listings
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