Seller's Agent in 2020
Michael Hamilton
Keller Williams Realty
(207) 570-8998
8 in this area
253 Total Sales
640 Main St Westbrook, ME 04092
Estimated Value: $613,000 - $718,000
7
Beds
3
Baths
2,355
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Property is near public transit
- Main Floor Bedroom
- Deck
- Wood Flooring
- 1-minute walk to Westbrook Together Days
About This Home
As of March 2020**OFFERS TO BE REVIEWED 2.4.2020 5PM ** Fully occupied 3 Unit. 1, 2 & 3 bedroom units. Great turn-key investment or owner occupied opportunity! All units recently renovated-- newer boiler & high efficiency water heater. Has historically been used for commercial and residential. Good size lot with ample parking, large yard and nice deck. Town/space could allow for additional units. Very short distance to shopping and restaurants. New zoning ordinance reported to allow 1 unit/ 500SF lot space + 1 parking spot -- large expansion possibilities!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,481
Year Built
- Built in 1915
Lot Details
- 0.28
Home Design
- Colonial Architecture
- Brick Foundation
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,355 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Unfinished Basement
- Doghouse Basement Entry
- Interior Basement Entry
Parking
- Gravel Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
- Internet Available
Additional Features
- Deck
- 0.28 Acre Lot
- Property is near public transit
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number WSBR-000033-000000-000016
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $16,911
- Gross Income $39,632
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2020
Closed on
Mar 6, 2020
Sold by
Bjb Realty Llc
Bought by
Sledzieski David
Seller's Agent
Michael Hamilton
Keller Williams Realty
Buyer's Agent
Matthew Dechaine
Keller Williams Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,472
Avg. Annual Appreciation
9.54%
Original Mortgage
$392,755
Outstanding Balance
$354,339
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$288,626
Purchase Details
Closed on
Mar 1, 2017
Sold by
Sani Hassan B
Bought by
Bjb Realty Llc
Purchase Details
Closed on
Sep 19, 2006
Sold by
Dubuc John E and Dubc Danielle M
Bought by
Sani Hassan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
6.59%
Mortgage Type
Unknown
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sledzieski David | -- | None Available | |
| Bjb Realty Llc | -- | -- | |
| Sani Hassan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sledzieski David | $392,755 | |
| Previous Owner | Lamontagne Paul E | $682,000 | |
| Previous Owner | Sani Hassan | $211,200 | |
| Previous Owner | Sani Hassan | $52,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2020 03/06/20 | Sold | $400,000 | -5.9% | $170 / Sq Ft |
| 02/05/2020 02/05/20 | Pending | -- | -- | -- |
| 01/29/2020 01/29/20 | For Sale | $425,000 | -- | $180 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,518 | $330,800 | $76,400 | $254,400 |
| 2022 | $5,014 | $277,000 | $63,700 | $213,300 |
| 2021 | $4,939 | $277,000 | $63,700 | $213,300 |
| 2020 | $4,951 | $277,200 | $63,700 | $213,500 |
| 2019 | $4,951 | $277,200 | $63,700 | $213,500 |
| 2018 | $4,361 | $224,600 | $55,400 | $169,200 |
| 2017 | $4,240 | $224,600 | $55,400 | $169,200 |
| 2016 | $4,133 | $224,600 | $55,400 | $169,200 |
| 2015 | $4,034 | $224,600 | $55,400 | $169,200 |
| 2014 | $3,863 | $224,600 | $55,400 | $169,200 |
| 2013 | $3,863 | $224,600 | $55,400 | $169,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Hamilton
-
M
Buyer's Agent in 2020
Matthew Dechaine
Keller Williams Realty
-
M
Buyer Co-Listing Agent in 2020
Michael Weisman
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1443362
APN: WSBR-000033-000000-000016
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