J
Seller's Agent in 2024
Jeffrey Rioux
Portside Real Estate Group
(207) 240-3421
8 in this area
106 Total Sales
9 Alder Ln Kennebunk, ME 04043
--
Bed
4
Baths
2,016
Sq Ft
2.8
Acres
Highlights
- Public Beach
- Deck
- Wood Flooring
- 2.8 Acre Lot
- Wooded Lot
- No HOA
About This Home
As of September 2024Extremely rare offering in Kennebunk! Pristine Duplex each unit offering 2 bedrooms and 1.5 baths sited on 2.8 acres. Built in 2023 with efficiency in mind. Heat pumps, quartz counters, stainless appliances, hardwood floors in common areas, tile in baths, and carpet in bedrooms. Unit 1 is renting for $2,265/m which is below market value. Fair value is between $2,700-$3,000/m. Both units are on separate utilities to include the water supply. Unit 2 is vacant so the new owner will have the option to rent it at fair market value. This is the perfect investment opportunity providing the right amount of cash flow to be self-sustaining and predictable. It's also an ideal candidate to be owner occupied. Live in one unit and have the other help pay the mortgage. This being new construction, the new owner will have the luxury of not having to budget for the dreaded deferred maintenance typical of older multi-units. Located close to everything Kennebunk has to offer. Schools, Turnpike Exit, Town Center, and Beaches. Must be seen!!
Last Buyer's Agent
Nola Cady
RE/MAX Realty One
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,781
Year Built
- Built in 2023
Lot Details
- 2.8 Acre Lot
- Property fronts a private road
- Public Beach
- Level Lot
- Open Lot
- Wooded Lot
Home Design
- 2,016 Sq Ft Home
- Duplex
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Carpet
- Tile
Unfinished Basement
- Exterior Basement Entry
- Sump Pump
- Crawl Space
Parking
- Gravel Driveway
- On-Site Parking
Utilities
- Cooling Available
- Heat Pump System
- Natural Gas Not Available
- Private Water Source
- Well
- Electric Water Heater
- Septic System
- Septic Design Available
- Private Sewer
- Internet Available
- Cable TV Available
Additional Features
- Deck
- Property is near a golf course
Listing and Financial Details
- Tax Lot 002
- Assessor Parcel Number KENB-000041-000000-000002
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,000
- Gross Income $52,800
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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $5,400,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | Sold | $675,000 | -3.4% | $335 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 07/12/2024 07/12/24 | For Sale | $699,000 | -- | $347 / 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 | $5,049 | $297,900 | $0 | $0 |
| 2023 | $4,781 | $297,900 | $135,500 | $162,400 |
| 2022 | $199 | $13,600 | $13,600 | $0 |
| 2021 | $194 | $13,600 | $13,600 | $0 |
| 2020 | $192 | $13,600 | $13,600 | $0 |
| 2019 | $187 | $13,600 | $13,600 | $0 |
| 2018 | $179 | $10,200 | $10,200 | $0 |
| 2017 | $169 | $10,200 | $10,200 | $0 |
| 2016 | $162 | $10,200 | $10,200 | $0 |
| 2015 | $156 | $10,200 | $10,200 | $0 |
| 2014 | $152 | $10,200 | $10,200 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Rioux
-
N
Buyer's Agent in 2024
Nola Cady
RE/MAX
Map
Source: Maine Listings
MLS Number: 1596115
APN: KENB-000041-000000-000002
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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