NOT LISTED FOR SALE

692 E Bridge St Westbrook, ME 04092

Estimated Value: $350,544 - $579,000

4 Beds
2 Baths
1,440 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $130,000 $90 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $2,602/month

597 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • No HOA
  • Deck
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of April 2016

Solid investment or have help paying your mortgage. Owner was getting $1,000 on the 2nd floor; rent could potentially be increased there for $1100-1200.

Last Agent to Sell the Property

Kim Fowler

Bean Group Listed on: 10/17/2013

Last Buyer's Agent

Rick Haskell Patty Haskell

Regency Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Shed

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 009A
  • Assessor Parcel Number 692East Bridge StreetWestbroo013009A

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,883
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,764

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Riverside St to a left on Rt 302 to a left on East Bridge St; property is on the right.
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Contemporary, Colonial
  • Building Stories: 2
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 90.28
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1440.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 22200.0
  • Income Expenses Operating Expenses: 4883.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Amenities:In-Law Apartment: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: Solid investment or have help paying your mortgage. Owner was getting $1,000 on the 2nd floor; rent could potentially be increased there for $1100-1200.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2
  • Flooring: Vinyl, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Other Exterior, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Screened
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace
  • 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: 20037.6
  • Parcel #: 692East Bridge StreetWestbroo013009A
  • Zoning: RGA2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22200.0
  • Annual Operating Expense: 4883.0

Tax Info

  • Tax Annual Amount: 2764.0
  • Tax Lot: 009A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Apr 14, 2016
Sold by
Plummer Mark C
Bought by
692 E Bridge Street Llc
Seller's Agent
Kim Fowler
Bean Group
Buyer's Agent
Rick Haskell Patty Haskell
Regency Realty Group
List Price
$196,100
Sold Price
$130,000
Premium/Discount to List
-$66,100
-33.71%
Current Estimated Value
$444,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,136
Avg. Annual Appreciation
13.47%
Original Mortgage
$97,500
Outstanding Balance
$77,356
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$366,780

Purchase Details

Listed on
Oct 17, 2013
Closed on
Apr 5, 2016
Sold by
Ferriabough Lisa and Hagan Lisa F
Bought by
Plummer Mark C
Seller's Agent
Kim Fowler
Bean Group
Buyer's Agent
Rick Haskell Patty Haskell
Regency Realty Group
List Price
$196,100
Sold Price
$130,000
Premium/Discount to List
-$66,100
-33.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Outstanding Balance
$77,356
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$366,780

Purchase Details

Closed on
Jun 1, 2005
Sold by
Ferriabaugh Lisa
Bought by
Normandeau Roland E and Normandeau Jeanne T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
692 E Bridge Street Llc -- --
Plummer Mark C -- --
Ferriabough Lisa -- --
Plummer Mark C -- --
Normandeau Roland E -- --
Ferriabough Lisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 692 E Bridge Street Llc $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $130,000 -33.7% $90 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
10/22/2013 10/22/13 For Sale $196,100 -- $136 / 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 $3,223 $193,200 $74,100 $119,100
2022 $2,923 $161,500 $61,600 $99,900
2021 $2,880 $161,500 $61,600 $99,900
2020 $2,884 $161,500 $61,600 $99,900
2019 $2,884 $161,500 $61,600 $99,900
2018 $2,745 $137,600 $53,600 $84,000
2017 $2,598 $137,600 $53,600 $84,000
2016 $2,532 $137,600 $53,600 $84,000
2015 $2,471 $137,600 $53,600 $84,000
2014 $2,367 $137,600 $53,600 $84,000
2013 $2,454 $142,700 $53,600 $89,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kim Fowler

    Bean Group

  • R

    Buyer's Agent in 2016

    Rick Haskell Patty Haskell

    Regency Realty Group

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Map

Source: Maine Listings

MLS Number: 1114374

Maine Listings

APN: WSBR-000013-000000-000009A

Maine Cumberland County Westbrook 04092

692 E Bridge St, Westbrook, ME

Not Listed for Sale

MultiFamily

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