NOT LISTED FOR SALE

78 Madison St North Berwick, ME 03906

Estimated Value: $386,000 - $524,000

5 Beds
2 Baths
2,080 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $226,000 $109 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,782/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Level Lot
  • Deck
  • No HOA
  • Heating System Uses Propane

About This Home

As of April 2018

Fantastic opportunity for rental income OR live in one side and rent out the other! Both units are currently rented. Each unit has two bedrooms and one bath on the second floor. One unit has partially completed the third floor which provides the option for additional space with a little work while the other has an additional bedroom on the third floor with an additional room. Each unit has its own deck and separate parking spots on each side of the building for easy parking. Good closet space in both units as well as large living rooms with window seats. One unit has an eat-in kitchen and the other has a kitchen and dining room. Lots of built-ins and sunny rooms. Great opportunity!

Last Agent to Sell the Property

Hillary Gaynor

Bean Group Listed on: 03/20/2018

Last Buyer's Agent

Timothy Gowen

The Ramsdell Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1890

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,080 Sq Ft Home
  • 3-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Electric Water Heater

Additional Features

  • Deck
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number NBER-000018-000000-000043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main Street to Madison Street
  • Above Grade Finished Sq Ft: 2080.0
  • Architectural Style: Colonial
  • Building Stories: 3
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2080.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Driveway:Gravel: Yes
  • Property Information:Bank Owned REO: No
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • 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: 13068.0
  • Parcel #: NBER-000018-000000-000043
  • Zoning: VILLAGE

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2689.0
  • Tax Book Number: 4752
  • Tax Lot: 43
  • Tax Map Number: 18
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2018
Closed on
Apr 20, 2018
Sold by
Eves Mark W and Eves Laura M
Bought by
Mcosker Jessica A and Mcosker Tyler F
Seller's Agent
Hillary Gaynor
Bean Group
Buyer's Agent
Timothy Gowen
The Ramsdell Agency
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
$458,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,944
Avg. Annual Appreciation
10.00%
Source: Public Records

Range of Values:

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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
Mcosker Jessica A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $226,000 +0.4% $109 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $225,000 -- $108 / 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 $4,175 $417,500 $99,100 $318,400
2023 $3,733 $347,300 $83,800 $263,500
2022 $3,157 $283,100 $72,600 $210,500
2021 $2,883 $264,500 $72,600 $191,900
2020 $2,858 $240,200 $65,900 $174,300
2019 $2,823 $228,600 $63,200 $165,400
2018 $2,753 $213,400 $63,200 $150,200
2017 $6,152 $213,400 $63,200 $150,200
2016 $2,689 $213,400 $63,200 $150,200
2015 $2,689 $213,400 $63,200 $150,200
2013 $2,657 $213,400 $63,200 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1342025

Maine Listings

APN: NBER-000018-000000-000043