NOT LISTED FOR SALE

593 Main St Westbrook, ME 04092

Cumberland Mills Neighborhood

Estimated Value: $948,029

-- Bed
1 Bath
4,480 Sq Ft
$212/Sq Ft Est. Value

Last Sold February 28, 2019

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

Est. 84% increase in value since last sale

Current estimated payment $6,079/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 Listed By

Kim Carignan

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

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
  • 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
  • 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

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 Book Number: 6913
  • Tax Lot: 212
  • Tax Map Number: 033
  • 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
Total Days on Market
14
Current Estimated Value
$948,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,029
Avg. Annual Appreciation
7.37%
Original Mortgage
$487,500
Outstanding Balance
$435,440
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$366,492

Range of Values:

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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
Kay Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kay Properties Llc $487,500
Previous Owner Simoneau Dennis J $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $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 Cumberland Mills

593 Main St, Westbrook, ME

Homes for Sale in Westbrook, ME

This home is located at 593 Main St, Westbrook, ME 04092 since 02 January 2019 and is currently estimated at $948,029, approximately $211 per square foot. This property was built in 1900. 593 Main St is a home located in Cumberland County with nearby schools including Westbrook High School, Breakwater School, and The Little Dolphin School Foundation.

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.

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