NOT LISTED FOR SALE

Estimated Value: $306,850 - $314,000

-- Bed
2 Baths
1,996 Sq Ft
$156/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $211,613 $106 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,825/month

5 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • 1 Fireplace
  • Zoned Heating

About This Home

As of December 2020

This is a rare opportunity to own a multi unit in Bridgton. From this location you can walk to the village, beaches and downtown amenities One unit has an eat in kitchen, large living room/fireplace, bath, and 3 bedrooms, the second unit has open concept kitchen, living, dining area, bath and 2 bedrooms. Both units are in move in condition. NO SHOWINGS UNTIL NOVEMBER 8, 2020.

Last Listed By

Cynthia Gorman

Oberg Insurance & Real Estate Agency, Inc. Listed on: 11/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1952

Lot Details

  • 0.57 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,996 Sq Ft Home
  • 1 Fireplace
  • Crawl Space

Flooring

  • Wood
  • Laminate

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Kerosene
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Sewer

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 2959

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,900
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,861

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route 302 to North High Street going toward Fryeburg. Property is number 66 on the left.
  • Above Grade Finished Sq Ft: 1996.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1952
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1996.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 2900.0
  • Location:Near Public Beach: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Property Information:Bank Owned REO: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Not Applicable
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 61/MSAD 61

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 24829.2
  • Parcel #: 2959
  • Zoning: residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 2900.0

Tax Info

  • Tax Annual Amount: 1861.0
  • Tax Book Number: 36307
  • Tax Lot: 24
  • Tax Map Number: 22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 16, 2020
Sold by
K10 Properties Llc
Bought by
Crowley Samuel M and Crowley Felicia M
Seller's Agent
Cynthia Gorman
Oberg Insurance & Real Estate Agency, Inc.
Buyer's Agent
Judith Oberg
Oberg Insurance & Real Estate Agency, Inc.
List Price
$220,000
Sold Price
$211,613
Premium/Discount to List
-$8,387
-3.81%
Total Days on Market
5
Current Estimated Value
$310,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,812
Avg. Annual Appreciation
9.97%
Original Mortgage
$158,710
Outstanding Balance
$144,099
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,400

Purchase Details

Listed on
Oct 3, 2019
Closed on
Dec 23, 2019
Sold by
J & J Properties Llc
Bought by
Gerardi Kristen A
Seller's Agent
Kamal Perkins-Bridge
Maine Real Estate Choice
Buyer's Agent
Cynthia Gorman
Oberg Insurance & Real Estate Agency, Inc.
List Price
$174,900
Sold Price
$174,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.54%
Original Mortgage
$122,430
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Rauseo Anthony M
Bought by
J & J Props Llc

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
Crowley Samuel M -- None Available
Gerardi Kristen A -- None Available
J & J Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley Samuel M $158,710
Previous Owner Gerardi Kristen A $122,430
Previous Owner J & J Props Llc $109,000
Previous Owner Rauseo Anthony M $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $211,613 -3.8% $106 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $220,000 +25.8% $110 / Sq Ft
12/23/2019 12/23/19 Sold $174,900 0.0% $88 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $174,900 -- $88 / 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 $2,121 $124,427 $33,448 $90,979
2023 $2,140 $124,427 $33,448 $90,979
2022 $1,891 $124,427 $33,448 $90,979
2021 $1,842 $124,427 $33,448 $90,979
2020 $1,860 $124,427 $33,448 $90,979
2019 $1,866 $124,427 $33,448 $90,979
2018 $1,842 $124,427 $33,448 $90,979
2017 $1,904 $124,427 $33,448 $90,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1474959

Maine Listings

APN: 22-0-24-0