8 Bow St Berwick, ME 03901
Berwick NeighborhoodHighlights
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
Deed 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: 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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