NOT LISTED FOR SALE

593 Main St Westbrook, ME 04092

Estimated Value: $930,272

Studio
1 Bath
4,480 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2019

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

Est. 81% increase in value since last sale

Current estimated payment $5,897 / mo

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
  • Property fronts a freeway
  • 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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,100

Year Built

Built in 1900

Lot Details

5,227 Sq Ft Lot

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
$930,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,272
Avg. Annual Appreciation
8.56%
Original Mortgage
$487,500
Outstanding Balance
$428,595
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$501,677
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kay Properties Llc -- --
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 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

See All Agents

Map

Source: Maine Listings

MLS Number: 1401026

Maine Listings

APN: WSBR-000033-000000-000212

Your Personal Tour Guide

Ask me questions while you tour the home.