NOT LISTED FOR SALE

72 Royal St Winthrop, ME 04364

Estimated Value: $253,000 - $400,000

4 Beds
2 Baths
2,031 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $95,000 $47 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,087/month

56 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Bonus Room
  • Winthrop Middle School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of December 2021

Looking for a great investment in a residential & commercial zone with loads of potential? Then check out this Large 4 bedroom, 2 bath home in WInthrop, ME with the potential to convert into a cash flowing 3 unit, or even a mixed use business or office space. The house sits on a large lot with a wide open, fenced in backyard. A recent addition behind the 2 car garage provides additional space. Many recent updates such as upgraded electrical, with many other updates and renovations already in progress.
A great opportunity for the right investor to take over this project and see it through to completion.

Last Listed By

Michael Weisman

EXP Realty Listed on: 09/14/2021

EXP Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Property is zoned Comm / Res

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 2,031 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number WINP-000027-000000-000050

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: 2742
  • Co List Office Phone: 888-439-8743
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2031.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Year Built: 1895
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2031.0
  • Property Information:Garage: Yes
  • 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 Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Style:Bungalow: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Bonus Room:Bonus Room: Yes
  • Exterior:Asbestos: Yes
  • Heat System:No Heat System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System, 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: 14810.4
  • Parcel #: WINP-000027-000000-000050
  • Zoning: Comm / Res

Tax Info

  • Tax Annual Amount: 2860.0
  • Tax Book Number: 9685
  • Tax Lot: 50
  • Tax Map Number: 27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2008
Sold by
Hartigan Danielle M
Bought by
Luce Marilyn A
Total Days on Market
56
Current Estimated Value
$326,840

Purchase Details

Closed on
Sep 22, 2006
Sold by
Parker Carrie A
Bought by
Luce Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
11%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Luce Marilyn A -- --
Luce Marilyn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luce Marilyn A $102,000
Closed Luce Marilyn A $10,000
Previous Owner Luce Marilyn A $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $95,000 -26.9% $47 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $130,000 -- $64 / 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 $3,199 $138,500 $25,500 $113,000
2022 $3,015 $138,500 $25,500 $113,000
2021 $2,846 $138,500 $25,500 $113,000
2020 $4,388 $138,500 $25,500 $113,000
2019 $2,805 $138,500 $25,500 $113,000
2018 $3,897 $138,500 $25,500 $113,000
2017 $2,373 $138,500 $25,500 $113,000
2016 $804 $138,500 $25,500 $113,000
2015 $2,116 $138,500 $25,500 $113,000
2014 $2,116 $138,500 $25,500 $113,000
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1508875

Maine Listings

APN: WINP-000027-000000-000050