Seller's Agent in 2021
Ashley Kilmartin
Landing Real Estate
(207) 838-9199
3 in this area
87 Total Sales
78 Lamb St Westbrook, ME 04092
Cumberland Mills NeighborhoodEstimated Value: $690,000 - $852,448
5
Beds
2
Baths
4,132
Sq Ft
$189/Sq Ft
Est. Value
Highlights
- Deck
- Farmhouse Style Home
- Porch
- Wood Flooring
- No HOA
- Bathtub
About This Home
As of January 2021Beautifully renovated 2 unit with additional approved AirBnB unit on third floor and buildable lot! The first floor unit boasts 2 bedrooms, hardwood flooring, a $150,000 kitchen installed in 2012 with granite counters, viking stove and backup generator. Second floor unit offers three bedrooms, hardwood flooring and a gas fireplace. Each unit has their own garage. Additional AirBnB unit offers full bath with jet tub, laundry room, surround sound system and rooftop deck. Property is zoned commercial and is in the Opportunity Zone. Potential to convert the AirBnB unit to a legal unit or develop on the side lot.
Last Agent to Sell the Property
Landing Real Estate Brokerage Phone: 207-838-9199 Listed on: 11/19/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,021
Year Built
- Built in 1887
Lot Details
- 0.42 Acre Lot
- Off Grid Property
- Fenced
- Landscaped
- Level Lot
- Open Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- 4,132 Sq Ft Home
- Farmhouse Style Home
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Doghouse Basement Entry
- Interior Basement Entry
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heating System Uses Kerosene
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Additional Features
- Laundry on upper level
- Green energy is off-grid
- City Lot
Listing and Financial Details
- Tax Lot 043
- Assessor Parcel Number WSBR-000034-000000-000043
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $15,894
- Gross Income $53,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2020
Closed on
Jan 15, 2021
Sold by
Pirone Gregory
Bought by
Sperirs-Conte Kylie and Conte John A
Seller's Agent
Ashley Kilmartin
Landing Real Estate
Buyer's Agent
Dany Bailey
Coldwell Banker Realty
List Price
$699,900
Sold Price
$650,000
Premium/Discount to List
-$49,900
-7.13%
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
$129,112
Avg. Annual Appreciation
4.01%
Original Mortgage
$617,500
Outstanding Balance
$553,639
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$225,473
Purchase Details
Listed on
Apr 25, 2013
Closed on
Apr 2, 2014
Sold by
Barton Stephen S and Barton Ellen C
Bought by
Pirone Gregory J
Seller's Agent
Kim Carignan
Bean Group
Buyer's Agent
Daniel Anderson
Dan Anderson Real Estate, Inc.
List Price
$515,000
Sold Price
$380,000
Premium/Discount to List
-$135,000
-26.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$285,000
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2010
Sold by
Barton Stephen S
Bought by
Barton Ellen C and Barton Stephen S
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 |
|---|---|---|---|
| Sperirs-Conte Kylie | -- | None Available | |
| Pirone Gregory J | -- | -- | |
| Barton Ellen C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sperirs-Conte Kylie | $617,500 | |
| Previous Owner | Pirone Gregory J | $291,500 | |
| Previous Owner | Pirone Gregory J | $285,000 | |
| Previous Owner | Barton Stephen S | $200,000 | |
| Previous Owner | Barton Stephen S | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2021 01/15/21 | Sold | $650,000 | -7.1% | $157 / Sq Ft |
| 11/28/2020 11/28/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $699,900 | +84.2% | $169 / Sq Ft |
| 04/01/2014 04/01/14 | Sold | $380,000 | -26.2% | $92 / Sq Ft |
| 02/04/2014 02/04/14 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $515,000 | -- | $125 / 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 | $8,994 | $539,200 | $86,500 | $452,700 |
| 2022 | $8,199 | $453,000 | $72,000 | $381,000 |
| 2021 | $8,077 | $453,000 | $72,000 | $381,000 |
| 2020 | $8,021 | $449,100 | $72,000 | $377,100 |
| 2019 | $8,021 | $449,100 | $72,000 | $377,100 |
| 2018 | $6,947 | $357,800 | $62,600 | $295,200 |
| 2017 | $6,755 | $357,800 | $62,600 | $295,200 |
| 2016 | $6,584 | $357,800 | $62,600 | $295,200 |
| 2015 | $6,426 | $357,800 | $62,600 | $295,200 |
| 2014 | $6,154 | $357,800 | $62,600 | $295,200 |
| 2013 | $6,053 | $351,900 | $62,600 | $289,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Kilmartin
-
Dany Bailey
D
Buyer's Agent in 2021
Dany Bailey
Coldwell Banker Realty
(207) 773-1990
1 in this area
19 Total Sales
-
K
Seller's Agent in 2014
Kim Carignan
Bean Group
-
Daniel Anderson
D
Buyer's Agent in 2014
Daniel Anderson
Dan Anderson Real Estate, Inc.
(207) 712-3741
1 in this area
28 Total Sales
Map
Source: Maine Listings
MLS Number: 1476491
APN: WSBR-000034-000000-000043
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