NOT LISTED FOR SALE

8 Independence Dr Freeport, ME 04032

Estimated Value: $722,000

4 Beds
5 Baths
2,694 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 11, 2017

Last sale price $471,000 $175 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,427/month

14 Days on Market

Highlights

  • View of Trees or Woods
  • Cape Cod Architecture
  • No HOA
  • Mast Landing School Rated A
  • Deck
  • Baseboard Heating

About This Home

As of December 2017

Rare offering- well maintained 3 unit in the heart of Freeport. Great investment property. The two larger units have just been repainted and have brand new carpeting. All apartments have separate entrances, propane stoves for both heat and ambiance and sprinkler system/hard wired fire alarm system. Replacement windows throughout. Large composite deck overlooking beautiful, amazingly private front yard with perennial gardens and mature trees. .93 acres with an adjacent .47 acre lot available separately.

Last Agent to Sell the Property

Amy Cartmell

Keller Williams Realty Brokerage Email: acartmell@kw.com Listed on: 08/30/2017

Keller Williams Realty

Co-Listed By

Matthew Cartmell

Keller Williams Realty Brokerage Email: acartmell@kw.com

Last Buyer's Agent

Mindy Sanderson

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,882

Year Built

  • Built in 1972

Lot Details

  • 0.93 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Sprinkler System

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2,694 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Fire Sprinkler System
  • Stove

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 2A
  • Assessor Parcel Number FPRT-000009-000002-A000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,882

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.93
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Route 1 to Independence. Second to last house on the left.
  • Above Grade Finished Sq Ft: 2694.0
  • Architectural Style: Cape
  • Building Stories: 2
  • Year Built: 1972
  • Attribution Contact: acartmell@kw.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 174.83
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.93
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 2694.0
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Stove: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Heat Fuel:Electric: Yes
  • Driveway:Common2: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Misc Amenities Sprinkler: Yes
  • Advertising Remarks:Advertising Remarks: Rare offering- well maintained 3 unit in the heart of Freeport. Great investment property. The two larger units have just been repainted and have brand new carpeting. All apartments have separate entrances, propane stoves for both heat and ambiance and sprinkler system/hard wired fire alarm system. Replacement windows throughout. Large composite deck overlooking beautiful, amazingly private front yard with perennial gardens and mature trees. .93 acres with an adjacent .47 acre lot available separately.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 5
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Golf Course, Near Shopping, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Common, Off Street

Utilities

  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Baseboard
  • 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: 40510.8
  • Parcel #: FPRT-000009-000002-A000000
  • Zoning: VC3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4882.0
  • Tax Lot: 2A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Dec 18, 2017
Sold by
Blackmer Constance G
Bought by
Sanderson Melinda
Seller's Agent
Amy Cartmell
Keller Williams Realty
Buyer's Agent
Mindy Sanderson
Coldwell Banker Residential Brokerage
List Price
$479,000
Sold Price
$471,000
Premium/Discount to List
-$8,000
-1.67%
Current Estimated Value
$722,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,000
Original Mortgage
$461,945
Interest Rate
3.94%
Mortgage Type
FHA
Source: Public Records
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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
Sanderson Melinda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sanderson Melinda $461,945
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $471,000 -1.7% $175 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $479,000 -- $178 / 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 $8,130 $609,000 $232,900 $376,100
2023 $7,396 $537,900 $211,700 $326,200
2022 $7,032 $515,200 $189,000 $326,200
2021 $6,878 $515,200 $189,000 $326,200
2020 $6,656 $475,400 $175,000 $300,400
2019 $6,454 $451,300 $165,100 $286,200
2018 $5,245 $348,500 $139,300 $209,200
2017 $5,023 $336,000 $136,400 $199,600
2016 $4,882 $309,000 $126,200 $182,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1324329

Maine Listings

APN: FPRT-000009-000002-A000000