NOT LISTED FOR SALE

85 Maple St Westbrook, ME 04092

Estimated Value: $510,967 - $660,000

3 Beds
2 Baths
2,200 Sq Ft
$271/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $600,000 $273 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,736/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Main Floor Bedroom
  • Deck
  • Wood Flooring
  • 1 Fireplace

About This Home

As of June 2022

Newly renovated 2-unit on a dead-end street in one of Westbrook's most desirable neighborhoods. Both units have three bedrooms. The downstairs unit features granite countertops, marble vanity in the bathroom, a built-in bookcase, a gas fireplace and french doors that open onto a newly built deck. The upstairs unit features a bonus room, in addition to three bedrooms, two of which have just been renovated. The property features a generous yard, off street parking and additional storage space accessed by a separate entrance. This would be a perfect opportunity for an owner-occupant or an investor. The property is walking distance to downtown Westbrook and only a short drive to Portland. Both units are currently occupied with tenants that are month-to-month. The current income is $3350/month.

Last Listed By

Fred Andrews

Spectrum Real Estate Listed on: 05/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Street terminates at a dead end
  • Level Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Deck
  • Property is near a golf course

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number WSBR-000026-000000-000021

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,586
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,386

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Spring Street to Union Street to left on Maple.
  • Above Grade Finished Sq Ft: 2200.0
  • Architectural Style: Colonial, Multi-Level
  • Garage Yn: No
  • Efficiency: Double Wall (12''+) Construction
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 40200.0
  • Income Expenses Operating Expenses: 11586.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Info:Island3: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Wooded, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Westbrook Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: WSBR-000026-000000-000021
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40200.0
  • Annual Operating Expense: 11586.0

Tax Info

  • Tax Annual Amount: 4386.0
  • Tax Book Number: 35947
  • Tax Lot: 021
  • Tax Map Number: 026
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2022
Closed on
Jun 17, 2022
Sold by
Martin Kevin T and Karmer Elizabeth D
Bought by
Mbabazi Anna
Seller's Agent
Fred Andrews
Spectrum Real Estate
Buyer's Agent
Jonny Carr Kathie Carr
EXP Realty
List Price
$529,900
Sold Price
$600,000
Premium/Discount to List
$70,100
13.23%
Total Days on Market
3
Current Estimated Value
$595,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,508
Avg. Annual Appreciation
-0.26%
Original Mortgage
$549,450
Outstanding Balance
$526,598
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$68,894

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 3, 2019
Sold by
Beaulieu Paul
Bought by
Martin Kevin T and Kramer Elizabeth D
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Fred Andrews
Spectrum Real Estate
List Price
$344,900
Sold Price
$355,000
Premium/Discount to List
$10,100
2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.70%
Original Mortgage
$348,570
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2006
Sold by
Ace Oil Corp
Bought by
Beaulieu Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mbabazi Anna $600,000 None Available
Martin Kevin T -- --
Beaulieu Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbabazi Anna $549,450
Previous Owner Martin Kevin T $350,644
Previous Owner Martin Kevin T $348,570
Previous Owner Beaulieu Paul $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $600,000 +13.2% $273 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/08/2022 05/08/22 For Sale $529,900 +49.3% $241 / Sq Ft
09/03/2019 09/03/19 Sold $355,000 +2.9% $198 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $344,900 -- $193 / 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
2023 $5,026 $301,300 $82,400 $218,900
2022 $4,453 $246,000 $68,600 $177,400
2021 $4,386 $246,000 $68,600 $177,400
2020 $4,394 $246,000 $68,600 $177,400
2019 $4,394 $246,000 $68,600 $177,400
2018 $3,774 $194,400 $59,700 $134,700
2017 $3,670 $194,400 $59,700 $134,700
2016 $3,577 $194,400 $59,700 $134,700
2015 $3,491 $194,400 $59,700 $134,700
2014 $3,344 $194,400 $59,700 $134,700
2013 $3,292 $191,400 $59,700 $131,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527416

Maine Listings

APN: WSBR-000026-000000-000021