NOT LISTED FOR SALE

589 Methodist Rd Westbrook, ME 04092

Estimated Value: $383,000 - $576,000

4 Beds
2 Baths
1,564 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $245,000 $157 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,270/month

2 Days on Market

Highlights

  • 2.26 Acre Lot
  • No HOA
  • Enclosed Glass Porch
  • Wood Flooring
  • Air Conditioning
  • Level Entry For Accessibility

About This Home

As of February 2021

Amazing opportunity to owner occupy and invest in an affordable two-unit under $200,000 in the popular City of Westbrook!
This property offers the new owner a convenient location, large lot of land and multiple use possibilities. Each unit has one bedroom and bath, with separate electric and heating systems. Great for someone who wants to build some sweat equity. A little work will go a long way in this smart purchasing opportunity!

Last Agent to Sell the Property

Edith Fontai Maureen Zemrak

Locations Real Estate Group LLC Listed on: 01/21/2021

Last Buyer's Agent

Edith Fontai Maureen Zemrak

Locations Real Estate Group LLC Listed on: 01/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,101

Year Built

  • Built in 1940

Lot Details

  • 2.26 Acre Lot
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Shower Only

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

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

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Shed
  • Outbuilding
  • Enclosed Glass Porch

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Gas Water Heater
  • Water Heated On Demand
  • Septic System
  • Septic Design Available
  • Internet Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number WSBR-000014-000000-000016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,554
  • Gross Income $11,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,101

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 302 to #589 Methodist Road or Bridge Street to #589 Methodist Road.
  • Above Grade Finished Sq Ft: 1564.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Efficiency: Ceiling Fans
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.26
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1564.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 11940.0
  • Income Expenses Operating Expenses: 10554.0
  • Parking:On Site2: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Sewer:Septic Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 1
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Dirt Floor, Walk-Out Access, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower
  • Stories: 1

Exterior Features

  • Lot Features: Level, Open Lot, Near Town
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Other
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 98445.6
  • Parcel #: WSBR-000014-000000-000016
  • Zoning: 14

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11940.0
  • Annual Operating Expense: 10554.0

Tax Info

  • Tax Annual Amount: 5101.0
  • Tax Book Number: 32789
  • Tax Lot: 16
  • Tax Map Number: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2015
Sold by
Garland Ronald E
Bought by
Garland Ronald E and Garland Brenda
Total Days on Market
2
Current Estimated Value
$499,872

Purchase Details

Closed on
Aug 12, 2014
Sold by
Garland Ronald E
Bought by
Garland Ronald E and Garland Brenda

Purchase Details

Closed on
Jan 26, 2011
Sold by
Garland Blanche M and Garland Roger F
Bought by
Garland Ronald E

Purchase Details

Closed on
Jun 16, 2008
Sold by
Garland Roger F and Garland Blanche M
Bought by
Garland Ronald E
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
Garland Ronald E -- --
Garland Ronald E -- --
Garland Ronald E -- --
Garland Ronald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open River Dog Prop Llc $228,000
Closed Garland Ronald E $50,000
Closed Garland Ronald E $15,000
Closed Garland Ronald E $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $245,000 +22.6% $157 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $199,900 -- $128 / 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
2023 $5,698 $341,600 $107,300 $234,300
2022 $5,169 $285,600 $89,500 $196,100
2021 $5,092 $285,600 $89,500 $196,100
2020 $5,101 $285,600 $89,500 $196,100
2019 $5,101 $285,600 $89,500 $196,100
2018 $3,677 $215,400 $77,900 $137,500
2017 $4,067 $215,400 $77,900 $137,500
2016 $3,963 $215,400 $77,900 $137,500
2015 $3,869 $215,400 $77,900 $137,500
2014 $3,705 $215,400 $77,900 $137,500
2013 $3,705 $215,400 $77,900 $137,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480228

Maine Listings

APN: WSBR-000014-000000-000016