NOT LISTED FOR SALE

89 Spring St Westbrook, ME 04092

Estimated Value: $490,000 - $695,000

6 Beds
2 Baths
3,164 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 01, 2016

Last sale price $260,000 $82 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,838/month

258 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Direct Access Garage
  • Deck
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2016

Here it is! A totally move-in ready and updated two unit with numbers that really work! These roomy, two story units have always been rented. Large yard with deck, separated utilities, efficient natural gas heating systems, ample parking, & W/D in both units. Ultra convenient location close to Portland, SoPo, I-95, and USM. Excellent owner occupied opportunity, or take advantage of the hot Greater Portland rental market and enjoy some easy cash flow on this investment!

Last Listed By

Erin Herrick

Bean Group Listed on: 07/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,879

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Home Design

  • Duplex
  • Cape Cod Architecture
  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3,164 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Parking

  • Direct Access Garage
  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 107
  • Assessor Parcel Number WSBR-000029-000000-000107

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,879

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: ME-25/Westbrook Arterial to Spring Street to #89 on right.
  • Above Grade Finished Sq Ft: 3164.0
  • Architectural Style: Duplex, Cape, Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.37
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3164.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Style:Duplex: Yes
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Common, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Direct Vent Furnace, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16117.2
  • Parcel #: WSBR-000029-000000-000107
  • Zoning: 11

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3879.0
  • Tax Book Number: 29766
  • Tax Lot: 107
  • Tax Map Number: 029
  • Tax Year: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jun 2, 2016
Sold by
Ridlon Wesley
Bought by
Gadbois Adam and Gadbois Robyn
Seller's Agent
Erin Herrick
Bean Group
Buyer's Agent
Lisa Guerette
Century 21 North East
List Price
$278,000
Sold Price
$260,000
Premium/Discount to List
-$18,000
-6.47%
Total Days on Market
258
Current Estimated Value
$597,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,246
Avg. Annual Appreciation
10.40%
Original Mortgage
$255,290
Interest Rate
3.59%
Mortgage Type
FHA

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
Gadbois Adam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadbois Adam R $235,500
Closed Gadbois Adam $255,290
Previous Owner Ridlon Wesley $250,000
Previous Owner Ridlon Wesley $249,850
Previous Owner Chhloeum Vuthy $142,400
Previous Owner Chhloeum Vuthy $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $260,000 -6.5% $82 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $278,000 -- $88 / 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 $5,938 $356,000 $85,900 $270,100
2022 $5,381 $297,300 $71,600 $225,700
2021 $5,301 $297,300 $71,600 $225,700
2020 $5,310 $297,300 $71,600 $225,700
2019 $1,615 $297,300 $71,600 $225,700
2018 $1,526 $226,000 $62,200 $163,800
2017 $4,267 $226,000 $62,200 $163,800
2016 $4,158 $226,000 $62,200 $163,800
2015 $4,059 $226,000 $62,200 $163,800
2014 $3,887 $226,000 $62,200 $163,800
2013 $3,887 $226,000 $62,200 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1229369

Maine Listings

APN: WSBR-000029-000000-000107