NOT LISTED FOR SALE
17 Beds
7 Baths
-- Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: May 25, 2016

Last sale price $200,000

117 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 2-minute walk to Westbrook Together Days
  • No HOA

About This Home

As of May 2016

Bank owned 7-unit, needs repairs but has good income potential.

Last Agent to Sell the Property

John Murphy

The Real Estate Store Listed on: 11/25/2015

Last Buyer's Agent

Jeffrey Davis

Town & Shore Real Estate

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.28

Home Design

  • Garden Apartment
  • Brick Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Wood Flooring

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Additional Features

  • 12,197 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 187
  • Assessor Parcel Number WSBR-000033-000000-000187

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From exit 47 off I95, turn left on 25 continue for 1.7mi then turn right on Westbrook Arterial. Turn left on Main St, #689 on right in 0.2mi.
  • Architectural Style: Garden
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Property Information:Bank Owned REO: Yes
  • Heat System:Direct Vent Heater: Yes
  • Advertising Remarks:Advertising Remarks: Bank owned 7-unit, needs repairs but has good income potential.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 12196.8
  • Parcel #: WSBR-000033-000000-000187
  • Zoning: CCD

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 9334.0
  • Tax Lot: 187
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2015
Closed on
May 26, 2016
Sold by
Bought by
Seller's Agent
John Murphy
The Real Estate Store
Buyer's Agent
Jeffrey Davis
Town & Shore Real Estate
List Price
$285,000
Sold Price
$200,000
Premium/Discount to List
-$85,000
-29.82%

Purchase Details

Closed on
Apr 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.19%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $500,000
Closed $537,000
Closed $500,000
Previous Owner $65,000
Previous Owner $487,500
Closed $145,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $200,000 -29.8% --
03/22/2016 03/22/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $285,000 -- --
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,161 $849,000 $282,700 $566,300
2022 $12,802 $707,300 $235,400 $471,900
2021 $12,611 $707,300 $235,400 $471,900
2020 $11,866 $664,400 $235,400 $429,000
2019 $11,866 $664,400 $235,400 $429,000
2018 $11,002 $551,500 $214,400 $337,100
2017 $7,314 $387,400 $214,400 $173,000
2016 $9,562 $519,700 $214,400 $305,300
2015 $9,334 $519,700 $214,400 $305,300
2014 $8,939 $519,700 $214,400 $305,300
2013 $9,109 $529,600 $214,400 $315,200
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1245035

Maine Listings

APN: WSBR-000033-000000-000187

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