NOT LISTED FOR SALE

593 Main St Westbrook, ME 04092

Estimated Value: $972,933

Studio
1 Bath
4,480 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $515,000 $115 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,036/month

14 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Coin Laundry
  • Interior Lot
  • Baseboard Heating
  • 3-minute walk to Fraser Field

About This Home

As of February 2019

This is rare opportunity to own an 8 unit on Main Street in a prime location! Great investment!

Last Agent to Sell the Property

Kim Carignan

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 01/02/2019

Last Buyer's Agent

Adnan Ahmed

Downeast Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Interior Lot
  • Level Lot
  • Open Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1 Full Bathroom
  • 4,480 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 212
  • Assessor Parcel Number 593mainstreetwestbrookmaine04092

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,100

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Directions: Main Street (Route 25) heading west towards downtown. (Across from Public Safety building).
  • Above Grade Finished Sq Ft: 4480.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 114.96
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 4480.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 8
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Foundation Materials:Granite2: Yes
  • Driveway:Concrete3: Yes
  • Building Info:_pound_ Floors3: 2
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: This is rare opportunity to own an 8 unit on Main Street in a prime location! Great investment!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Interior Lot, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Concrete, Paved

Utilities

  • Laundry Features: Laundry - Coin
  • 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
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 593mainstreetwestbrookmaine04092
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 7100.0
  • Tax Lot: 212
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Feb 28, 2019
Sold by
Simoneau Dennis J and Simoneau Donald J
Bought by
Kay Properties Llc
Seller's Agent
Kim Carignan
Coldwell Banker Realty
Buyer's Agent
Adnan Ahmed
Downeast Realty, Inc.
List Price
$515,000
Sold Price
$515,000
Current Estimated Value
$972,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,933
Avg. Annual Appreciation
9.64%
Original Mortgage
$487,500
Outstanding Balance
$428,595
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$544,338
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Kay Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Properties Llc $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $515,000 0.0% $115 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $515,000 -- $115 / 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 $9,578 $574,200 $194,800 $379,400
2022 $8,661 $478,500 $162,300 $316,200
2021 $8,532 $478,500 $162,300 $316,200
2020 $8,035 $449,900 $162,300 $287,600
2019 $8,035 $449,900 $162,300 $287,600
2018 $6,995 $360,300 $138,800 $221,500
2017 $6,802 $360,300 $138,800 $221,500
2016 $6,630 $360,300 $138,800 $221,500
2015 $6,471 $360,300 $138,800 $221,500
2014 $6,197 $360,300 $138,800 $221,500
2013 $6,197 $360,300 $138,800 $221,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kim Carignan

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2019

    Adnan Ahmed

    Downeast Realty, Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1401026

Maine Listings

APN: WSBR-000033-000000-000212

Maine Cumberland County Westbrook 04092

593 Main St, Westbrook, ME

Not Listed for Sale

MultiFamily

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