Seller's Agent in 2023
Tara Roy
EXP Realty
(207) 991-8272
10 in this area
177 Total Sales
86 S Main St Brewer, ME 04412
Estimated Value: $415,523
--
Bed
3
Baths
1,977
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- River Front
- Deck
- Nearby Water Access
- Cape Cod Architecture
- Wood Flooring
About This Home
As of September 2023This BREWER property presents a rare opportunity for those seeking a mixed-use property. With two buildings on the premises, it offers a unique blend of residential and commercial spaces. Whether you're searching for a live-work situation or an investment property, this property is worth a look. The first building offers retail/commercial/office space on the ground floor and a luxurious one-bedroom dwelling unit on the upper floor. The 2nd floor features a private deck with peekaboo views of the Penobscot River and the Waterfront Concert venue. Inside the apartment, the allure continues with a remarkable showstopper glass and slate shower, which is truly one-of-a-kind. The slate tiles used in the shower were custom cut from vintage school chalkboards, adding a local nostalgic touch to the space. This stunning apartment represents the perfect blend of modern luxury and captivating design. The second building is a retail/commercial space (currently occupied by a barber shop) that generates rental income. This is an excellent opportunity for those looking for a place with a steady rental history, while enjoying the advantages of its location on the same premises. Another standout feature of this property is the large parking lot, offering ample space for both tenants and customers. Properties like this rarely come on the market, so make an appointment soon to check it out. Live and work in a desirable location while offsetting your expenses with rental income or simply add this special property to your investment portfolio. REAL ESTATE ONLY offered FOR SALE
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,345
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- River Front
- Level Lot
- Open Lot
Home Design
- Cape Cod Architecture
- Concrete Foundation
- Stone Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,977 Sq Ft Home
- 2-Story Property
- Water Views
Flooring
- Wood
- Laminate
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Outdoor Features
- Nearby Water Access
- River Nearby
- Deck
- Shed
Utilities
- Air Conditioning
- Radiator
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Additional Residence on Property
- City Lot
Listing and Financial Details
- Tax Lot 60
- Assessor Parcel Number 86southmainstreetBrewer04412
Community Details
Overview
- No Home Owners Association
- 3 Units
Additional Features
- Community Storage Space
- Operating Expense $9,748
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Sep 8, 2023
Sold by
Gilbert Mary E
Bought by
Glo Salon Llc
Seller's Agent
Tara Roy
EXP Realty
Buyer's Agent
Jennifer Cammack
EXP Realty
List Price
$350,000
Sold Price
$375,000
Premium/Discount to List
$25,000
7.14%
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
$40,523
Avg. Annual Appreciation
5.44%
Original Mortgage
$289,600
Outstanding Balance
$277,790
Interest Rate
6.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$137,379
Purchase Details
Closed on
Dec 1, 2005
Sold by
Pomroy Sylvia M
Bought by
Mcgary John T and Mcgary Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Glo Salon Llc | -- | None Available | |
| Glo Salon Llc | -- | None Available | |
| Glo Salon Llc | -- | None Available | |
| Mcgary John T | -- | -- | |
| Mcgary John T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glo Salon Llc | $289,600 | |
| Closed | Glo Salon Llc | $289,600 | |
| Previous Owner | Mcgary Mary E | $112,000 | |
| Previous Owner | Mcgary Mary E | $84,500 | |
| Previous Owner | Mcgary John T | $140,000 | |
| Previous Owner | Mcgary John T | $191,300 | |
| Previous Owner | Mcgary John T | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $375,000 | +7.1% | $190 / Sq Ft |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $350,000 | -- | $177 / 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 | $6,294 | $334,800 | $71,000 | $263,800 |
| 2023 | $4,100 | $204,000 | $37,100 | $166,900 |
| 2021 | $4,273 | $191,600 | $36,700 | $154,900 |
| 2020 | $4,152 | $182,500 | $36,700 | $145,800 |
| 2019 | $1,936 | $182,000 | $36,700 | $145,300 |
| 2018 | $3,825 | $170,000 | $36,700 | $133,300 |
| 2017 | $3,825 | $170,000 | $36,700 | $133,300 |
| 2016 | $3,658 | $170,000 | $36,700 | $133,300 |
| 2015 | $3,658 | $170,000 | $36,700 | $133,300 |
| 2014 | $3,542 | $169,300 | $36,700 | $132,600 |
| 2013 | $3,222 | $154,000 | $24,600 | $129,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jennifer Cammack
EXP Realty
(207) 852-4178
9 in this area
138 Total Sales
Map
Source: Maine Listings
MLS Number: 1564827
APN: BRER-000029-000000-000060
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