K
Seller's Agent in 2023
Karen Thompson
Portside Real Estate Group
(207) 329-6729
6 in this area
95 Total Sales
747 Main St Westbrook, ME 04092
Estimated Value: $1,124,968
--
Bed
5
Baths
6,768
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Deck
- New Englander Architecture
- No HOA
- Wood Flooring
- Corner Lot
- 5-minute walk to Westbrook Together Days
About This Home
As of June 2023Conveniently located in Downtown Westbrook, with nearby restaurants, shopping, parks, health care and public transportation. Minutes to Rock Row, Downtown Portland and easy access to 95 and 295 interstates.
This well maintained 5-unit offers period details and hardwood floors throughout. Units are 1200 - 1500 s.f. with 4 units having large, enclosed sun porches and 1 unit having a roof top deck. Ample off-street parking including a 4-car garage. Many updates by prior owner and current owner.
OFFERS DUE MONDAY (4/17) BY 5:00 PM, SELLER WILL RESPOND BY WEDNESDAY (4/19) BY 5 PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,870
Year Built
- Built in 1900
Lot Details
- 10,454 Sq Ft Lot
- Corner Lot
- Open Lot
- Lot Has A Rolling Slope
Parking
- 4 Car Garage
- Subterranean Parking
- Driveway
Home Design
- New Englander Architecture
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5 Full Bathrooms
- 6,768 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Interior and Exterior Basement Entry
Flooring
- Wood
- Carpet
- Tile
Outdoor Features
- Deck
- Enclosed Glass Porch
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Internet Available
Listing and Financial Details
- Tax Lot 177
- Assessor Parcel Number WSBR-000033-000000-000177
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Operating Expense $24,870
- Gross Income $90,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
Jun 9, 2023
Sold by
Whitting Joan M Est and Whiting
Bought by
747 Main St Llc
Seller's Agent
Karen Thompson
Portside Real Estate Group
Buyer's Agent
Lauren Jones
F.O. Bailey Real Estate
List Price
$975,000
Sold Price
$1,052,000
Premium/Discount to List
$77,000
7.9%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,968
Avg. Annual Appreciation
3.46%
Original Mortgage
$789,000
Outstanding Balance
$772,166
Interest Rate
6.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$352,802
Purchase Details
Listed on
Oct 14, 2019
Closed on
Nov 25, 2019
Sold by
Ke Knudsen Apartments Llc
Bought by
Whiting Joan M
Seller's Agent
Jennifer Watkins
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Karen Thompson
RE/MAX By The Bay
List Price
$899,000
Sold Price
$794,000
Premium/Discount to List
-$105,000
-11.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$145,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 29, 2014
Sold by
Gouzie Peter G and Gouzie Theresa S
Bought by
K E Knudson Apartments
Purchase Details
Closed on
Jul 31, 2008
Sold by
Webber Shirley M
Bought by
Gouzie Peter G and Gouzie Theresa S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.47%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 747 Main St Llc | $1,052,000 | None Available | |
| 747 Main St Llc | $1,052,000 | None Available | |
| Whiting Joan M | -- | -- | |
| Whiting Joan M | -- | -- | |
| K E Knudson Apartments | -- | -- | |
| K E Knudson Apartments | -- | -- | |
| Gouzie Peter G | -- | -- | |
| Gouzie Peter G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 747 Main St Llc | $120,000 | |
| Open | 747 Main St Llc | $789,000 | |
| Previous Owner | Whiting Joan M | $145,000 | |
| Previous Owner | Gouzie Peter G | $328,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $1,052,000 | +7.9% | $155 / Sq Ft |
| 04/18/2023 04/18/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $975,000 | +22.8% | $144 / Sq Ft |
| 11/25/2019 11/25/19 | Sold | $794,000 | -11.7% | $117 / Sq Ft |
| 11/02/2019 11/02/19 | Pending | -- | -- | -- |
| 10/14/2019 10/14/19 | For Sale | $899,000 | -- | $133 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $9,960 | $597,100 | $168,700 | $428,400 |
| 2022 | $9,005 | $497,500 | $140,500 | $357,000 |
| 2021 | $8,870 | $497,500 | $140,500 | $357,000 |
| 2020 | $8,307 | $465,100 | $140,500 | $324,600 |
| 2019 | $8,307 | $465,100 | $140,500 | $324,600 |
| 2018 | $7,435 | $372,700 | $129,300 | $243,400 |
| 2017 | $7,037 | $372,700 | $129,300 | $243,400 |
| 2016 | $6,858 | $372,700 | $129,300 | $243,400 |
| 2015 | $6,694 | $372,700 | $129,300 | $243,400 |
| 2014 | $6,410 | $372,700 | $129,300 | $243,400 |
| 2013 | $6,410 | $372,700 | $129,300 | $243,400 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Thompson
-
Lauren Jones
Buyer's Agent in 2023
Lauren Jones
F.O. Bailey Real Estate
(207) 781-1111
5 in this area
63 Total Sales
-
J
Seller's Agent in 2019
Jennifer Watkins
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1555521
APN: WSBR-000033-000000-000177
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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