Seller's Agent in 2022
Jason Saphire
www.HomeZu.com
(877) 249-5478
10 in this area
1,187 Total Sales
84 Durham Rd Freeport, ME 04032
4
Beds
2
Baths
1,560
Sq Ft
1.61
Acres
Highlights
- View of Trees or Woods
- 1.61 Acre Lot
- Ranch Style House
- Mast Landing School Rated A
- Wooded Lot
- Furnished
About This Home
As of May 2022Been thinking about owning your own AirBnB? How about two? 2022 is already shaping up to be another banner year for short-term rentals. This turnkey property was renovated in 2018 and comes with all furnishings and decor. Many possibilities from this two-unit, four bedroom property. Rent long term, or short term. Live on one side while the other pays your mortgage. Share the property as a multi-generational dwelling. Even convert it to a single-family home. Is your dream home unavailable due to the lack of inventory, or out of reach due to this hot market? Live here for a few years mortgage-free while you continue to look. Revenue from Unit 1 over the last three years has exceeded $70,000. Unit 2's potential is equally as strong. Renovations include new flooring, doors, trim, paint, electrical, lighting, insulation, cabinets, and appliances. Efficient wall-mounted heat pumps warm the space in the winter and cool in the summer. A large 12x16 shed with power and lighting is included on the lot. Sellers are willing to manage the property as a short term rental for a fee. Existing reservations may be canceled if Buyer decides against renting short term. Buyers may convert the dwelling to a single-family home, but lose the right to convert it back. A versatile and income generating property like this doesn't come around often!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,528
Year Built
- Built in 1973
Lot Details
- 1.61 Acre Lot
- Property fronts a private road
- Dirt Road
- Rural Setting
- Fenced
- Open Lot
- Wooded Lot
Home Design
- Ranch Style House
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Shingle Siding
Interior Spaces
- 2 Full Bathrooms
- 1,560 Sq Ft Home
- Furnished
- Double Pane Windows
- Vinyl Flooring
- Views of Woods
- Home Security System
Parking
- Gravel Driveway
- Paved Parking
Outdoor Features
- Shed
- Outbuilding
Utilities
- Dehumidifier
- Heat Pump System
- Baseboard Heating
- Generator Hookup
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Private Sewer
- Internet Available
- Satellite Dish
- Cable TV Available
Additional Features
- Doors are 32 inches wide or more
- ENERGY STAR/CFL/LED Lights
Listing and Financial Details
- Legal Lot and Block G / 59
- Assessor Parcel Number FPRT-000021-000059-G000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $1
- Gross Income $1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2022
Closed on
May 13, 2022
Sold by
Andrews Keith and Andrews Heidi
Bought by
Larson Erin L
Seller's Agent
Jason Saphire
www.HomeZu.com
Buyer's Agent
Tom Landry
Benchmark Real Estate
List Price
$409,900
Sold Price
$460,000
Premium/Discount to List
$50,100
12.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$328,818
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 3, 2018
Closed on
Sep 6, 2018
Sold by
Daniel James N
Bought by
Andrews Keith and Andrews Heidi
Seller's Agent
Wanda Finch
Bean Group
Buyer's Agent
Wanda Finch
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Larson Erin L | $460,000 | None Available | |
| Andrews Keith | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Larson Erin L | $345,000 | |
| Previous Owner | Andrews Keith | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $460,000 | +12.2% | $295 / Sq Ft |
| 04/10/2022 04/10/22 | Pending | -- | -- | -- |
| 04/08/2022 04/08/22 | For Sale | $409,900 | +64.0% | $263 / Sq Ft |
| 09/05/2018 09/05/18 | Sold | $250,000 | -7.1% | $160 / Sq Ft |
| 07/20/2018 07/20/18 | Pending | -- | -- | -- |
| 05/03/2018 05/03/18 | For Sale | $269,000 | -- | $172 / 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 |
|---|---|---|---|---|
| 2021 | $3,528 | $264,300 | $121,000 | $143,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Saphire
-
Tom Landry
Buyer's Agent in 2022
Tom Landry
Benchmark Real Estate
(207) 775-0248
2 in this area
330 Total Sales
-
W
Seller's Agent in 2018
Wanda Finch
Bean Group
Map
Source: Maine Listings
MLS Number: 1524122
APN: FPRT-000021-000059-G000000
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