$1,200,000
SOLD OCT 25, 2024
-- Bed
3 Baths
3,037 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

1 Day on Market

Highlights

  • Ocean Front
  • Public Beach
  • Wood Flooring
  • Nearby Water Access
  • Deck
  • New Englander Architecture

About This Home

As of October 2024

A rare opportunity awaits you in the coveted Willard Beach neighborhood. This 3 family home, with its first floor licensed short-term rental, sits atop a hill offering stunning views of Casco Bay and proximity to Willard Beach, SMCC, and The Greenbelt Walkway. Whether you make this your owner-occupied home and rental, a pure investment property, or a condo conversion, options abound. This home has been lovingly updated and maintained with new heat pumps, new 3rd floor Anderson windows, newer roof and updated kitchens and bathrooms in all units. The top floor owner's unit enjoys breathtaking water views from a private deck, high ceilings, and an open floor plan with in-unit laundry. Sunny and clean with updated systems, parking for 5 cars, and basement storage. Enjoy the ease of beach living, great restaurants close-by, and a friendly community. Current taxes reflect the city's updated tax assessed value of $1,159,400. Don't miss out on this opportunity! Seller concessions available.

Last Agent to Sell the Property

Colleen Bedard

RE/MAX Shoreline Listed on: 09/09/2024

RE/MAX Shoreline

Last Buyer's Agent

Katherine Hogan

Compass Real Estate

Compass Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,921

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Irrigation

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,037 Sq Ft Home
  • Water Views
  • Storm Doors

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Space Heater
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 094B
  • Assessor Parcel Number SPOR-000005-000000-000094B

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Willard Beach Subdivision

Building Details

  • Operating Expense $16,178
  • Gross Income $55,585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,921

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean/Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Willard Beach
  • Directions: Broadway towards SMCC, left onto Preble, left onto Surfsite. Property is at the top of the hill on the right.
  • Above Grade Finished Sq Ft: 3037.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Storm Doors
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3037.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 55585.0
  • Income Expenses Operating Expenses: 16178.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Heat System:Space Heater: Yes
  • Style:New Englander: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Amenities:Irrigation System: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Landscaped, Near Public Beach, Near Shopping, Near Town, Neighborhood, Irrigation System
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Space Heater, Multi-Zones, Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: SPOR-000005-000000-000094B
  • Zoning: G

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55585.0
  • Annual Operating Expense: 16178.0

Tax Info

  • Tax Annual Amount: 11921.0
  • Tax Book Number: 36930
  • Tax Lot: 094B
  • Tax Map Number: 005
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Oct 23, 2024
Sold by
Perkins Edythe P
Bought by
Portkap Realty Llc
Seller's Agent
Colleen Bedard
RE/MAX Shoreline
Buyer's Agent
Katherine Hogan
Compass Real Estate
List Price
$1,200,000
Sold Price
$1,200,000
Views
6
Current Estimated Value
$1,218,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,916
Avg. Annual Appreciation
-1.68%

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 14, 2020
Sold by
Russman Brett M
Bought by
Perkins Edythe P
Seller's Agent
James McFarlane
Portside Real Estate Group
Buyer's Agent
Colleen Bedard
RE/MAX Shoreline
List Price
$799,900
Sold Price
$799,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%
Original Mortgage
$474,900
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,200,000 None Available
Warranty Deed $1,200,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $474,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $1,200,000 0.0% $395 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $1,200,000 +50.0% $395 / Sq Ft
07/14/2020 07/14/20 Sold $799,900 0.0% $263 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $799,900 +14.3% $263 / Sq Ft
10/22/2019 10/22/19 Sold $700,000 -21.3% $230 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $889,900 -- $293 / 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 $15,304 $1,159,400 $587,200 $572,200
2023 $11,921 $843,100 $367,500 $475,600
2022 $11,222 $721,200 $294,000 $427,200
2021 $10,602 $721,200 $294,000 $427,200
2020 $9,348 $473,300 $203,900 $269,400
2019 $9,040 $473,300 $203,900 $269,400
2018 $8,122 $452,300 $185,500 $266,800
2017 $8,041 $446,700 $185,500 $261,200
2016 $7,478 $422,500 $161,300 $261,200
2015 $7,352 $422,500 $161,300 $261,200
2014 $7,225 $422,500 $161,300 $261,200
2013 $7,056 $422,500 $161,300 $261,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1602609

Maine Listings

APN: SPOR-000005-000000-000094B