NOT LISTED FOR SALE

Estimated Value: $581,000 - $697,000

8 Beds
3 Baths
3,063 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 06, 2013

Last sale price $210,000 $69 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $4,206/month

443 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Victorian Architecture
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2013

Two 3-br units and one 2-br unit. Excellent rental history. Very good numbers for either investor or owner occupant. Great deal of renovations in all three units.

Last Agent to Sell the Property

John Marquis

Keller Williams Realty Listed on: 06/18/2012

Last Buyer's Agent

Ashraf Eldeknawey

Portland's Choice Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3 Full Bathrooms
  • 3,063 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 67King StreetWestbroo3989

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 25-Story Property

Building Details

  • Operating Expense $25,000
  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,007

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St to Bridge St, right onto King to 67
  • Above Grade Finished Sq Ft: 3063.0
  • Architectural Style: Other Style, Victorian
  • Building Stories: 25
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3063.0
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 25
  • Income Expenses Gross Income: 37200.0
  • Income Expenses Operating Expenses: 25000.0
  • Foundation Materials:Block3: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Direct Vent Heater: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 25

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 67King StreetWestbroo3989
  • Zoning: 11

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 37200.0
  • Annual Operating Expense: 25000.0

Tax Info

  • Tax Annual Amount: 5007.0
  • Tax Book Number: 26333
  • Tax Lot: 89
  • Tax Map Number: 39
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Dec 10, 2013
Sold by
Gilbert Properties Llc
Bought by
Ahmed Ali S and Jasim Ahmed M
Seller's Agent
John Marquis
Keller Williams Realty
Buyer's Agent
Ashraf Eldeknawey
Portland's Choice Realty, LLC
List Price
$297,500
Sold Price
$210,000
Premium/Discount to List
-$87,500
-29.41%
Total Days on Market
443
Current Estimated Value
$653,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,667
Avg. Annual Appreciation
11.14%
Original Mortgage
$202,457
Interest Rate
4.17%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2008
Sold by
Lavigne Jane B and Lavigne Thomas J
Bought by
Gilbert Props Llc
Source: Public Records

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
Ahmed Ali S -- --
Gilbert Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Ali S $207,435
Closed Ahmed Ali S $202,457
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2013 12/06/13 Sold $210,000 -29.4% $69 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
06/18/2012 06/18/12 For Sale $297,500 -- $97 / 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 $6,428 $385,400 $78,500 $306,900
2022 $5,839 $322,600 $65,400 $257,200
2021 $5,752 $322,600 $65,400 $257,200
2020 $5,762 $322,600 $65,400 $257,200
2019 $5,762 $322,600 $65,400 $257,200
2018 $4,887 $251,700 $56,900 $194,800
2017 $4,752 $251,700 $56,900 $194,800
2016 $4,631 $251,700 $56,900 $194,800
2015 $4,521 $251,700 $56,900 $194,800
2014 $4,616 $268,400 $56,900 $211,500
2013 $4,950 $287,800 $56,900 $230,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1058167

Maine Listings

APN: WSBR-000039-000000-000089