NOT LISTED FOR SALE

654 Main St Westbrook, ME 04092

Estimated Value: $636,000 - $672,000

5 Beds
4 Baths
3,136 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $268,000 $85 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $4,174/month

358 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • Main Floor Bedroom
  • 1-minute walk to Westbrook Together Days

About This Home

As of April 2016

Prime commercial location across from park, this 3 unit has a large owner occupy 2nd/3rd floor with jaccuzzi tub/shower bath & 3rd floor bath. Two 1 bedroom units are on 1st floor. 2 car garage w/auto openers for storage, Newer electrical, water heaters, flooring & paint. Current rents are below market- could be $750 & $1200- easy to rent, tenants are month to month, natural gas at street. Great cash flow. Call today

Last Listed By

Anne-Marie Mckenzie

Bean Group Listed on: 07/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,136 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 654MAINST0WESTBROO33027

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,841
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,162

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street next to Barber Shop/old Burrito restaurant
  • Above Grade Finished Sq Ft: 3136.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3136.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 7841.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • 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: 1 - 4 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 654MAINST0WESTBROO33027
  • Zoning: BG

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 7841.0

Tax Info

  • Tax Annual Amount: 4162.0
  • Tax Book Number: 15397
  • Tax Lot: 27
  • Tax Map Number: 33
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2019
Sold by
Barker Scott C and Barker Fern A
Bought by
Levine Stephen M
Total Days on Market
358
Current Estimated Value
$658,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,250
Outstanding Balance
$246,217
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$453,283

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 5, 2016
Sold by
Cook Brenda A and Cook Russel Cook
Bought by
Barker Scott C and Barker Fern A
Seller's Agent
Anne-Marie Mckenzie
Bean Group
Buyer's Agent
Steve Levine
Century 21 First Choice Realty
List Price
$290,000
Sold Price
$268,000
Premium/Discount to List
-$22,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%

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
Levine Stephen M -- --
Barker Scott C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Stephen M $275,250
Previous Owner Cook Cook J $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2016 04/15/16 Sold $268,000 -7.6% $85 / Sq Ft
03/12/2016 03/12/16 Pending -- -- --
03/19/2015 03/19/15 For Sale $290,000 -- $92 / 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
2023 $6,048 $362,600 $74,800 $287,800
2022 $5,501 $303,900 $62,400 $241,500
2021 $5,419 $303,900 $62,400 $241,500
2020 $5,428 $303,900 $62,400 $241,500
2019 $5,428 $303,900 $62,400 $241,500
2018 $4,698 $242,000 $54,200 $187,800
2017 $4,569 $242,000 $54,200 $187,800
2016 $4,453 $242,000 $54,200 $187,800
2015 $4,346 $242,000 $54,200 $187,800
2014 $4,162 $242,000 $54,200 $187,800
2013 $4,162 $242,000 $54,200 $187,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1207306

Maine Listings

APN: WSBR-000033-000000-000027