NOT LISTED FOR SALE

75 E Bridge St Westbrook, ME 04092

Estimated Value: $433,000 - $997,000

3 Beds
4 Baths
4,656 Sq Ft
$147/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $353,500 $76 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,265/month

1 Day on Market

Highlights

  • 0.51 Acre Lot
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Zoned Heating System
  • Property is near golf course

About This Home

As of January 2016

Original 4 unit all 3 bedrooms, excellent cash flow. Large lot with a possibility for more units or stand alone building. No vacancy in 2 years $64,800 in gross income! Starting on 12/10 Showings on Tuesdays & Thursdays at 1, must confirm with LB.

Last Agent to Sell the Property

Steve Morrison

Morrison Real Estate Listed on: 12/09/2015

Last Buyer's Agent

Bill Sullivan

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1900

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,656 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned 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 149
  • Assessor Parcel Number WSBR-000048-000000-000069

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $19,580
  • Gross Income $64,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,841

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.51
  • MLS Status: Closed
  • Directions: Main Street to Bridge Street
  • Above Grade Finished Sq Ft: 4656.0
  • Architectural Style: Multi-Level
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 75.92
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.51
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4656.0
  • Site:Level: Yes
  • Location:Near Golf Course: 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
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 4
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 64800.0
  • Income Expenses Operating Expenses: 19580.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Roof:Membrane: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Golf Course, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat, Membrane, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: WSBR-000048-000000-000069
  • Zoning: CCD

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 64800.0
  • Annual Operating Expense: 19580.0

Tax Info

  • Tax Annual Amount: 5841.0
  • Tax Lot: 149
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2014
Sold by
Ayers Duane E and Ayers Janice M
Bought by
Ayers Arlene M
Current Estimated Value
$685,310
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
Ayers Arlene M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2016 01/28/16 Sold $353,500 +1.0% $76 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $350,000 -- $75 / 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 $4,002 $239,900 $85,400 $154,500
2022 $3,636 $200,900 $71,200 $129,700
2021 $3,582 $200,900 $71,200 $129,700
2020 $3,588 $200,900 $71,200 $129,700
2019 $3,588 $200,900 $71,200 $129,700
2018 $3,519 $176,400 $62,000 $114,400
2017 $3,330 $176,400 $62,000 $114,400
2016 $3,246 $176,400 $62,000 $114,400
2015 $3,168 $176,400 $62,000 $114,400
2014 $2,423 $140,900 $62,000 $78,900
2013 $2,423 $140,900 $62,000 $78,900
Source: Public Records

Agents Affiliated with this Home

  • Steve Morrison

    Seller's Agent in 2016

    Steve Morrison

    Morrison Real Estate

    (207) 879-0303

    15 Total Sales

    Steve Morrison
    Section Image

  • B

    Buyer's Agent in 2016

    Bill Sullivan

    Keller Williams Realty

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Map

Source: Maine Listings

MLS Number: 1245896

Maine Listings

APN: WSBR-000048-000000-000069

Maine Cumberland County Westbrook 04092

75 E Bridge St, Westbrook, ME

Not Listed for Sale

MultiFamily

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