H
Seller's Agent in 2023
Heidi Nottonson
Keller Williams Realty
(207) 615-8836
1 in this area
123 Total Sales
8 Iris Ln Freeport, ME 04032
South Freeport NeighborhoodEstimated Value: $554,000 - $663,114
5
Beds
4
Baths
2,299
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- 20 Feet of Waterfront
- 3.3 Acre Lot
- Main Floor Bedroom
- Mast Landing School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of May 20232-unit duplex on a private lot conveniently located off Route 1 in Freeport. Owner-occupy or rent out both units. Unit 1 enters into a large office/entry space. First floor of Unit 1 has a remodeled, eat-in kitchen, pantry, living room and ½ bath. Two bedrooms and a full bath are on the second level. Unit 2 is mostly carpeted and has some of the same features yet the 1/2 -paneled walls are left natural rather than painted like in Unit 1. First floor of Unit 2 has a living room, kitchen, a ½ bath and small bedroom that would make a great office. Upstairs are two large bedrooms and full bath. Each unit has its own basement, accessible from the interior as well as from a bulkhead. The units both share the front and back yards, sunny for gardening. A very tiny brook is just beyond the driveway and backyard. Off-street parking includes a hammer-head part of the driveway so several cars can easily come and go. Tenants anticipate leaving by May 22nd. This property is only 1 mile from the YMCA and Maine Beer Company. Close to multiple markets, outlet stores, restaurants and the world famous L.L. Bean. Also very close to Winslow State Park and Mast Landing Audubon Sanctuary. Schedule a private showing.
Last Buyer's Agent
Laura Davis
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,551
Year Built
- Built in 1955
Lot Details
- 3.3 Acre Lot
- Home fronts a stream
- 20 Feet of Waterfront
- Property fronts a private road
- Corner Lot
Home Design
- Duplex
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,299 Sq Ft Home
- 2-Story Property
- Storm Doors
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Sump Pump
Parking
- Gravel Driveway
- On-Site Parking
Location
- Property is near a golf course
Utilities
- No Cooling
- Space Heater
- Heating System Uses Propane
- Baseboard Heating
- Underground Utilities
- Private Water Source
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Block 75
- Assessor Parcel Number FPRT-000023-000075
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $7,166
- Gross Income $23,980
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2023
Closed on
May 19, 2023
Sold by
Weinstein Jane
Bought by
Livecchi John F and Skelton Rebecca L
Seller's Agent
Heidi Nottonson
Keller Williams Realty
Buyer's Agent
Laura Davis
Keller Williams Realty
List Price
$470,000
Sold Price
$501,000
Premium/Discount to List
$31,000
6.6%
Total Days on Market
9
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
$102,029
Avg. Annual Appreciation
9.32%
Original Mortgage
$400,800
Outstanding Balance
$390,890
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,139
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 |
|---|---|---|---|
| Livecchi John F | $501,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Livecchi John F | $400,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $501,000 | +6.6% | $218 / Sq Ft |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- |
| 04/12/2023 04/12/23 | For Sale | $470,000 | -- | $204 / 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 | $6,114 | $458,000 | $186,700 | $271,300 |
| 2023 | $5,566 | $404,800 | $169,700 | $235,100 |
| 2022 | $4,551 | $333,400 | $141,600 | $191,800 |
| 2021 | $4,451 | $333,400 | $141,600 | $191,800 |
| 2020 | $4,351 | $310,800 | $131,200 | $179,600 |
| 2019 | $4,160 | $290,900 | $123,700 | $167,200 |
| 2018 | $4,068 | $270,300 | $115,500 | $154,800 |
| 2017 | $3,894 | $260,500 | $112,900 | $147,600 |
| 2016 | $3,816 | $241,500 | $104,500 | $137,000 |
| 2015 | $3,686 | $219,400 | $98,800 | $120,600 |
| 2014 | $3,467 | $219,400 | $98,800 | $120,600 |
| 2013 | $3,612 | $227,900 | $96,800 | $131,100 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Nottonson
-
L
Buyer's Agent in 2023
Laura Davis
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1556018
APN: FPRT-000023-000075
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