Seller's Agent in 2022
Luke Braun
Real Property Real Estate LLC
(602) 510-0041
1 in this area
17 Total Sales
9 High St South Berwick, ME 03908
South Berwick NeighborhoodEstimated Value: $414,000 - $625,000
4
Beds
3
Baths
2,240
Sq Ft
$236/Sq Ft
Est. Value
Highlights
- Deck
- 2 Fireplaces
- 2 Car Detached Garage
- Main Floor Bedroom
- No HOA
- Tile Flooring
About This Home
As of March 2022Great investment property located within walking distance of downtown South Berwick. Located right on the New Hampshire border and in the desirable MSAD 35 Marshwood school district. Each unit has a separate driveway and entryway. The 700 sq ft lower unit is a one (1) bed, one (1) bath unit that was updated three years ago. Upgrades include new flooring, fresh paint and an in-unit washer and dryer. There is plenty of storage as well with a dedicated storage room. The generous living room/ dining room boasts plenty of natural light and offers a fireplace and bar top for seamless entertaining! Currently tenant occupied at a rent of $850 a month. Tenant is month to month.
The owner's unit is a three (3) bed, two (2) bath consisting of around 1600 sq ft over two levels. This unit is currently owner occupied and will be vacant at closing. Unit was updated within the last 3 years. Updated kitchen with stainless appliances (dishwasher, stove, and fridge) and original hardwood floors. Spacious living room is great for entertaining guests with lots of natural light. Working fireplace in the living room offers comfort on those cold New England days. Open concept dining room and kitchen provides an easy transition for gatherings. Downstairs bathroom renovated with new tile floor and vanity and vintage claw foot tub. In-unit washer and dryer add to the list of amenities that this property has to offer. Upstairs you will find the bedrooms and additional bathroom. The unit has access to the detached oversized 2 car garage. Great for keeping the cars snow free during the winter or a woodshop year-round. New garage door motors installed two years ago.
Separate meter electric for both units. Shared utilities include water, sewer, hot water, and heat. Oil boiler is located in lower unit shared for heat and hot water for both units. Estimated monthly market rents for property would be $1200 for smaller unit and $2400 for larger unit.
Agent interest in property
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,242
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Fenced
Parking
- 2 Car Detached Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 3-Story Property
- 2 Fireplaces
- Storm Doors
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
- Internet Available
Additional Features
- Deck
- Property is near a golf course
Listing and Financial Details
- Tax Lot 27
- Assessor Parcel Number SBER-000030-000000-000027
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $3,120
- Gross Income $10,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2022
Closed on
Mar 25, 2022
Sold by
Braun Luke and Braun Elizabeth
Bought by
Loveland Justin and Loveland Nicole
Seller's Agent
Luke Braun
Real Property Real Estate LLC
Buyer's Agent
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
List Price
$380,000
Sold Price
$390,000
Premium/Discount to List
$10,000
2.63%
Total Days on Market
1
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
$138,110
Avg. Annual Appreciation
10.20%
Original Mortgage
$290,250
Outstanding Balance
$275,351
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$252,760
Purchase Details
Listed on
Mar 23, 2018
Closed on
Jun 20, 2018
Sold by
Kiesman Michael
Bought by
Braun Luke and Braun Elizabeth
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Jessica Ritchie
Bentley By The Sea, Inc
List Price
$229,900
Sold Price
$219,900
Premium/Discount to List
-$10,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$215,916
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
May 29, 2012
Sold by
Gilman Philomena and Gilman John S
Bought by
Kiesman Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Loveland Justin | -- | None Available | |
| Braun Luke | -- | -- | |
| Kiesman Michael | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loveland Justin | $290,250 | |
| Previous Owner | Braun Luke | $50,000 | |
| Previous Owner | Braun Luke | $242,500 | |
| Previous Owner | Braun Luke | $11,451 | |
| Previous Owner | Braun Luke | $215,916 | |
| Previous Owner | Kiesman Michael | $151,200 | |
| Previous Owner | Gilman John S | $15,000 | |
| Previous Owner | Gilman Philomena | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2022 03/25/22 | Sold | $390,000 | +2.6% | $174 / Sq Ft |
| 02/12/2022 02/12/22 | Pending | -- | -- | -- |
| 02/10/2022 02/10/22 | For Sale | $380,000 | +72.8% | $170 / Sq Ft |
| 06/19/2018 06/19/18 | Sold | $219,900 | -4.3% | $98 / Sq Ft |
| 05/03/2018 05/03/18 | Pending | -- | -- | -- |
| 03/23/2018 03/23/18 | For Sale | $229,900 | -- | $103 / 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 | $5,341 | $398,000 | $142,400 | $255,600 |
| 2023 | $4,920 | $352,400 | $124,600 | $227,800 |
| 2022 | $4,068 | $279,800 | $118,700 | $161,100 |
| 2021 | $4,135 | $266,100 | $118,700 | $147,400 |
| 2020 | $4,242 | $242,400 | $105,000 | $137,400 |
| 2019 | $4,249 | $226,000 | $95,500 | $130,500 |
| 2018 | $3,822 | $209,500 | $99,800 | $109,700 |
| 2017 | $3,981 | $209,500 | $99,800 | $109,700 |
| 2016 | $3,834 | $209,500 | $99,800 | $109,700 |
| 2015 | $3,729 | $209,500 | $99,800 | $109,700 |
| 2014 | $3,708 | $209,500 | $99,800 | $109,700 |
Source: Public Records
Agents Affiliated with this Home
-
Luke Braun
-
Anne Erwin Real Estate
Buyer's Agent in 2022
Anne Erwin Real Estate
Anne Erwin Sotheby's International Realty
(207) 370-5406
11 in this area
715 Total Sales
-
Jeffrey Mateja
Seller's Agent in 2018
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
3 in this area
980 Total Sales
-
Buyer's Agent in 2018
Jessica Ritchie
Bentley By The Sea, Inc
(603) 944-3467
2 in this area
84 Total Sales
Map
Similar Home in the area
Source: Maine Listings
MLS Number: 1519444
APN: SBER-300270
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