NOT LISTED FOR SALE

77 Main St Woolwich, ME 04579

Estimated Value: $481,000 - $500,316

-- Bed
2 Baths
1,399 Sq Ft
$351/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $400,000 $286 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,726/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Baseboard Heating
  • Wood Siding
  • No HOA
  • Lot Has A Rolling Slope
  • Carpet

About This Home

As of January 2024

Opportunity awaits to hang your shingle with this multi-use property offering two residential units and separate first floor office space with half bath. First floor unit features one bedroom apartment with open kitchen and living, and full bath with stackable laundry. Upstairs unit is a two-bedroom apartment with private indoor stairway, separate living area, full bath, and cozy kitchen with dining nook. This building has incredible frontage on Route One in Woolwich. Just 2 minutes to downtown Bath, 13 minutes to downtown Wiscasset, 13 minutes to downtown Brunswick, and 40 minutes to Portland.

Last Agent to Sell the Property

Laurie Bisson

Keller Williams Realty Listed on: 11/03/2023

Keller Williams Realty

Last Buyer's Agent

Jonathan Leaver

Court Street Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,369

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • 1,399 Sq Ft Home
  • Stone Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding
  • Clap Board Siding
  • Shingle Siding
  • Clapboard

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Additional Features

  • 2 Full Bathrooms
  • Nearby Water Access

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number WOOL-000002-000000-000062U

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,210
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,369

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1399.0
  • Architectural Style: Shingle Style
  • Garage Yn: No
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1399.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 51600.0
  • Income Expenses Operating Expenses: 11210.0
  • Exterior:Wood Siding: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Water Heater:Heat Pump2: Yes
  • Style:Shingle Style: Yes
  • Roof:Fiberglass: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Crawl Space, Exterior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Rolling Slope, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone
  • Roof: Fiberglass

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: WOOL-000002-000000-000062U
  • Zoning: 12 General Purpose

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 51600.0
  • Annual Operating Expense: 11210.0

Tax Info

  • Tax Annual Amount: 1369.06
  • Tax Book Number: 2021R
  • Tax Lot: 62
  • Tax Map Number: U2
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Jan 3, 2024
Sold by
Bisson William B and Bisson Marianna G
Bought by
Trivium Properties Llc
Seller's Agent
Laurie Bisson
Keller Williams Realty
Buyer's Agent
Jonathan Leaver
Court Street Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$490,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,658
Avg. Annual Appreciation
6.05%
Original Mortgage
$320,000
Outstanding Balance
$316,661
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$126,681

Purchase Details

Closed on
Oct 3, 2011
Sold by
Chesser Elayn and Chesser Donnie H
Bought by
Macdonald Thomas and Macdonald Susanne C
Source: Public Records

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
Trivium Properties Llc $400,000 None Available
Macdonald Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trivium Properties Llc $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $400,000 0.0% $286 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/03/2023 11/03/23 For Sale $400,000 +128.6% $286 / Sq Ft
09/24/2020 09/24/20 For Sale $175,000 0.0% $125 / Sq Ft
09/18/2020 09/18/20 Sold $175,000 -- $125 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
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 $1,485 $88,900 $21,800 $67,100
2023 $1,369 $88,900 $21,800 $67,100
2022 $1,369 $88,900 $21,800 $67,100
2021 $1,369 $88,900 $21,800 $67,100
2020 $1,318 $85,600 $21,800 $63,800
2019 $1,297 $85,600 $21,800 $63,800
2018 $1,284 $85,600 $21,800 $63,800
2017 $4,298 $85,600 $21,800 $63,800
2016 $1,216 $85,600 $21,800 $63,800
2015 $1,216 $85,600 $21,800 $63,800
2014 $1,224 $85,600 $21,800 $63,800
2013 $1,181 $85,600 $21,800 $63,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1576561

Maine Listings

APN: WOOL-000002-000000-000062U