NOT LISTED FOR SALE

642 Limerick Rd Arundel, ME 04046

-- Bed
4.5 Baths
3,570 Sq Ft
3 Acres

Last Sold January 17, 2020

Last sale price $387,000 $108 Per Sq Ft

51 Days on Market

Highlights

  • 100 Feet of Waterfront
  • View of Trees or Woods
  • Deck
  • Kennebunk High School Rated 9+
  • 3 Acre Lot
  • Wooded Lot

About This Home

As of January 2020

4-unit multi-family. Beautiful 2-bedroom, 1.5 bath owner occupied apartment plus three 1-bedroom units. Property has 2 detached garages totaling 6 full sized bays and 2 smaller bays suitable for compact cars, recreational vehicles or storage. Owner's unit has been tastefully updated-HW and tile flooring, open concept floorplan, gas fireplace, attractive kitchen fully applianced. A patio and quaint 2nd story balcony provide lovely outdoor spaces. Sited on 3 rural acres within easy access to shopping and highway. Strong numbers, long term tenants, additional income potential from garage/storage areas. This property offers wide opportunity that cannot be appreciated via a drive-by. Also reference to Single Family MLS #1434933

Last Agent to Sell the Property

Sam Downing

Downing Real Estate Agency Brokerage Phone: 207-985-3328 Listed on: 10/30/2019

Co-Listed By

Susan Downing

Downing Real Estate Agency Brokerage Phone: 207-985-3328

Last Buyer's Agent

Tony Duong

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1972

Lot Details

  • 3 Acre Lot
  • Home fronts a stream
  • 100 Feet of Waterfront
  • Rural Setting
  • Open Lot
  • Wooded Lot

Parking

  • 6 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 3,570 Sq Ft Home
  • 1 Fireplace
  • Views of Woods

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number ARUN-000017-000000-000023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1972

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.0
  • Road Surface Type: Paved
  • Water Body Name: Brook - Name unknown
  • Co List Office Phone: 207-985-3328
  • MLS Status: Closed
  • Directions: From Route 1, Arundel to Limerick Rd. 3 +/- miles-house one right. From Route 111, Arundel to Limerick Rd, 2+/- miles-house on left
  • Above Grade Finished Sq Ft: 3570.0
  • Architectural Style: Other Style, Ranch
  • Garage Yn: Yes
  • Year Built: 1972
  • Attribution Contact: 207-985-3328
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 116.25
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.0
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3570.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 6.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Amenities:Walk-in Closets: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Owned -: 100.0
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Heat System:Direct Vent Heater: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Roof:Membrane: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Advertising Remarks:Advertising Remarks: 4-unit multi-family. Beautiful 2-bedroom, 1.5 bath owner occupied apartment plus three 1-bedroom units. Property has 2 detached garages totaling 6 full sized bays and 2 smaller bays suitable for compact cars, recreational vehicles or storage. Owner's unit has been tastefully updated-HW and tile flooring, open concept floorplan, gas fireplace, attractive kitchen fully applianced. A patio and quaint 2nd story balcony provide lovely outdoor spaces. Sited on 3 rural acres within easy access to shopping and highway. Strong numbers, long term tenants, additional income potential from garage/storage areas. This property offers wide opportunity that cannot be appreciated via a drive-by. Also reference to Single Family MLS#1434933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Other, Walk-In Closet(s), Storage

Exterior Features

  • Lot Features: Open Lot, Wooded, Near Shopping, Near Turnpike/Interstate, Rural
  • View: Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Membrane
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 6.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 130680.0
  • Parcel #: ARUN-000017-000000-000023
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3700.0
  • Tax Lot: 23
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $387,000 -6.7% $108 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $415,000 -- $116 / 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
2024 $4,949 $291,100 $48,800 $242,300
2023 $4,949 $291,100 $48,800 $242,300
2022 $4,920 $291,100 $48,800 $242,300
2021 $4,920 $291,100 $48,800 $242,300
2020 $4,870 $291,100 $48,800 $242,300
2019 $4,150 $254,600 $46,500 $208,100
2018 $4,053 $254,600 $46,500 $208,100
2017 $3,946 $254,600 $46,500 $208,100
2016 $3,850 $254,600 $46,500 $208,100
2015 $3,806 $254,600 $46,500 $208,100
2014 $3,692 $254,600 $46,500 $208,100
2013 $3,692 $254,600 $46,500 $208,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1434918

Maine Listings