NOT LISTED FOR SALE

Estimated Value: $457,000 - $494,000

2 Beds
4 Baths
2,016 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $347,000 $172 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,913/month

5 Days on Market

Highlights

  • Garrison Architecture
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of June 2021

Investment opportunity!!! This stellar duplex has great rental history. Located just outside of downtown Waterboro, 15 minutes to Arundel, Kennebunk and 35 minutes to Portland. This property offers new sliding back doors, cement patios, low maintenance as tenants take care of their own plowing, mowing and pay their own utilities, large 2 car garage with overhead storage, large basement and efficient heat sources. Unit #8 has a partially finished basement with gas fireplace. Paved driveway on both sides, this property has large backyards, but with a fence dividing the two units, allows for plenty of privacy. Don't miss out on this wonderful opportunity. Also see 14-16 Pole Line Lane which is located right next door.

Last Agent to Sell the Property

Lauren Kelley

Bean Group Listed on: 04/23/2021

Last Buyer's Agent

Sandra Sherry

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 1989

Lot Details

  • 1.84 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • 2,016 Sq Ft Home
  • Duplex
  • Garrison Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer

Additional Features

  • City Lot

Listing and Financial Details

  • Tax Lot 011c
  • Assessor Parcel Number WTBR-000020-000000-000011C

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $270
  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,823

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.84
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS FRIENDLY!
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Duplex, Garrison
  • Garage Yn: Yes
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.84
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 21900.0
  • Income Expenses Operating Expenses: 270.0
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Style:Garrison: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80150.4
  • Parcel #: WTBR-000020-000000-000011C
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21900.0
  • Annual Operating Expense: 270.0

Tax Info

  • Tax Annual Amount: 3823.0
  • Tax Book Number: 16258
  • Tax Lot: 011c
  • Tax Map Number: 020
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 30, 2021
Sold by
Nadeau Jason L and Nadeau Emily J
Bought by
Darrell Samuel Z
Seller's Agent
Lauren Kelley
Bean Group
Buyer's Agent
Sandra Sherry
Bean Group
List Price
$350,000
Sold Price
$347,000
Premium/Discount to List
-$3,000
-0.86%
Current Estimated Value
$471,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,548
Avg. Annual Appreciation
7.38%
Original Mortgage
$340,714
Outstanding Balance
$309,145
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$162,403
Source: Public Records

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
Darrell Samuel Z -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darrell Samuel Z $340,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $347,000 -0.9% $172 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $350,000 -- $174 / 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
2024 $5,044 $456,500 $72,100 $384,400
2023 $4,550 $344,700 $59,900 $284,800
2022 $4,298 $307,000 $53,400 $253,600
2021 $4,172 $277,200 $48,600 $228,600
2020 $3,884 $252,400 $44,500 $207,900
2019 $3,823 $248,400 $40,500 $207,900
2018 $2,648 $248,100 $40,500 $207,600
2017 $3,831 $248,100 $40,500 $207,600
2016 $3,781 $248,100 $40,500 $207,600
2015 $3,566 $255,600 $48,000 $207,600
2014 -- $255,600 $48,000 $207,600
2013 $3,486 $255,600 $48,000 $207,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1488850

Maine Listings

APN: WTBR-000020-000000-000011C