Seller's Agent in 2024
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
(603) 957-0668
2 in this area
71 Total Sales
8 Bow St Berwick, ME 03901
--
Bed
2
Baths
1,728
Sq Ft
2,178
Sq Ft Lot
Highlights
- The property is located in a historic district
- Colonial Architecture
- No HOA
- River Nearby
- Property is near public transit
- Bathtub
About This Home
As of April 2024Here is a terrific opportunity to own a duplex in a great Berwick, ME location. This side by side two family is a great option for either an investor or owner occupant. Both units are currently rented, with one side becoming vacant at the end of July 2021, and the other at the end of their lease in the fall of 2021. Both units are 3 bedrooms and 1 bath, and each unit pays their own utilities. The entire house has had many recent updates by the current owner. This is truly a great opportunity for an investor or owner occupant to quickly build equity for the future.
Co-Listed By
Bentzion Weisman
EXP Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,283
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- Wood Frame Construction
- Metal Roof
- Aluminum Siding
Interior Spaces
- 1,728 Sq Ft Home
- 3-Story Property
- Laminate Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
Outdoor Features
- River Nearby
Location
- Property is near public transit
- Property is near a golf course
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number BERW-000004U-000000-000048
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $10,000
- Gross Income $31,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2024
Closed on
Apr 26, 2024
Sold by
Higgins Brian and Zwirn Jessica
Bought by
Russell Kyle
Seller's Agent
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Erin Chisholm
EXIT Oceanside Realty
List Price
$375,000
Sold Price
$375,000
Views
38
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
$10,831
Avg. Annual Appreciation
2.51%
Original Mortgage
$281,250
Outstanding Balance
$278,505
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$107,326
Purchase Details
Listed on
Aug 27, 2021
Closed on
Oct 18, 2021
Sold by
Flores Michael E and Flores Joan
Bought by
Higgins Brian and Zwirn Jessica
Seller's Agent
Michael Weisman
EXP Realty
Buyer's Agent
Heather Kelly
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$265,000
Sold Price
$238,000
Premium/Discount to List
-$27,000
-10.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.77%
Original Mortgage
$178,500
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 7, 2015
Closed on
Nov 3, 2016
Sold by
Dee James M and Walker Bonnie L
Bought by
Flores Michael A and Flores Joan
Seller's Agent
Karen Cudworth
Lakeside Realty, LLC
Buyer's Agent
Christy Arnett
Bean Group
List Price
$135,000
Sold Price
$129,000
Premium/Discount to List
-$6,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Purchase Details
Closed on
Sep 18, 2006
Sold by
Dumont Shirley A and Dumont Joseph P
Bought by
Dee Bonnie L and Dee James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,040,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Stewart Title | |
| Warranty Deed | $375,000 | Stewart Title | |
| Warranty Deed | -- | Misc Company | |
| Warranty Deed | -- | Misc Company | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,250 | Purchase Money Mortgage | |
| Closed | $281,250 | Purchase Money Mortgage | |
| Previous Owner | $178,500 | FHA | |
| Previous Owner | $122,500 | Unknown | |
| Previous Owner | $11,040,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $375,000 | 0.0% | $197 / Sq Ft |
| 03/14/2024 03/14/24 | Pending | -- | -- | -- |
| 03/11/2024 03/11/24 | For Sale | $375,000 | +57.6% | $197 / Sq Ft |
| 10/18/2021 10/18/21 | Sold | $238,000 | -10.2% | $138 / Sq Ft |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- |
| 06/26/2021 06/26/21 | For Sale | $265,000 | +105.4% | $153 / Sq Ft |
| 10/31/2016 10/31/16 | Sold | $129,000 | -4.4% | $75 / Sq Ft |
| 05/14/2016 05/14/16 | Pending | -- | -- | -- |
| 06/07/2015 06/07/15 | For Sale | $135,000 | -- | $78 / 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 |
|---|---|---|---|---|
| 2024 | $3,672 | $294,500 | $65,000 | $229,500 |
| 2023 | $3,332 | $181,900 | $46,500 | $135,400 |
| 2022 | $3,314 | $181,900 | $46,500 | $135,400 |
| 2021 | $3,104 | $169,600 | $46,500 | $123,100 |
| 2020 | $2,977 | $169,600 | $46,500 | $123,100 |
| 2019 | $2,977 | $169,800 | $46,500 | $123,300 |
| 2018 | $2,756 | $160,700 | $43,800 | $116,900 |
| 2017 | $2,756 | $160,700 | $43,800 | $116,900 |
| 2016 | $2,621 | $160,800 | $43,800 | $117,000 |
| 2014 | $2,557 | $160,800 | $43,800 | $117,000 |
| 2013 | $2,581 | $160,800 | $43,800 | $117,000 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Kelly
-
E
Buyer's Agent in 2024
Erin Chisholm
EXIT Oceanside Realty
-
Erin Lamarche
Buyer's Agent in 2024
Erin Lamarche
Portside Real Estate Group
(207) 337-3270
1 in this area
43 Total Sales
-
Michael Weisman
Seller's Agent in 2021
Michael Weisman
EXP Realty
(207) 558-0300
1 in this area
130 Total Sales
-
B
Seller Co-Listing Agent in 2021
Bentzion Weisman
EXP Realty
(888) 439-8743
-
Karen Cudworth
Seller's Agent in 2016
Karen Cudworth
Lakeside Realty, LLC
(207) 206-2950
143 Total Sales
Map
Source: Maine Listings
MLS Number: 1498168
APN: BERW-000004U-000000-000048
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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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