$132,000
SOLD MAY 27, 2016
-- Bed
3 Baths
2,240 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

26% Below List Price

562 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • No HOA
  • Country Club
  • Property is near public transit
  • Hot Water Heating System

About This Home

As of November 2020

Investors take notice on this fantastic price and opportunity to own a fully occupied 3 unit in Westbrook. Long term tenants. Great rental history and numbers. Close to downtown Westbrook, turnpike, River Meadow golf course, and River Bank park.

Last Agent to Sell the Property

Deja Lett

Keller Williams Realty Listed on: 10/13/2014

Keller Williams Realty

Co-Listed By

Jules Radjavitch

Keller Williams Realty

Last Buyer's Agent

Bill Sullivan

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,240 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Short Sale
  • Tax Lot 235
  • Assessor Parcel Number 9North StreetWestbroo033235

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: 2840
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Brown Street, to left on King Street, house is 2nd to the last on left side
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Colonial
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2240.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: Yes
  • Recreational Water:Nearby: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Golf Course, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 9North StreetWestbroo033235
  • Zoning: 21

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3569.0
  • Tax Book Number: 24460
  • Tax Lot: 235
  • Tax Map Number: 033
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Nov 4, 2020
Sold by
Stacking Paper Llc
Bought by
Evans Thomas G
Seller's Agent
Fred Andrews
Spectrum Real Estate
Buyer's Agent
Christopher Davis
Vitalius Real Estate Group, LLC
List Price
$589,900
Sold Price
$625,000
Premium/Discount to List
$35,100
5.95%
Total Days on Market
562
Current Estimated Value
$776,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,116
Avg. Annual Appreciation
5.84%
Original Mortgage
$577,583
Outstanding Balance
$522,929
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$287,252

Purchase Details

Closed on
Oct 13, 2006
Sold by
Hodges Paul H and Hodges Donna
Bought by
Wilkins Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,000 Credit Line Revolving
Open $577,583 FHA
Previous Owner $393,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $525,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $109,375 Stand Alone Refi Refinance Of Original Loan
Previous Owner $174,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $625,000 +6.0% $223 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $589,900 +346.9% $210 / Sq Ft
05/27/2016 05/27/16 Sold $132,000 -26.3% $59 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
10/13/2014 10/13/14 For Sale $179,000 -- $80 / 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 $7,765 $465,500 $79,300 $386,200
2022 $7,077 $391,000 $66,100 $324,900
2021 $6,972 $391,000 $66,100 $324,900
2020 $6,983 $391,000 $66,100 $324,900
2019 $6,983 $391,000 $66,100 $324,900
2018 $3,617 $186,300 $57,500 $128,800
2017 $3,517 $186,300 $57,500 $128,800
2016 $3,428 $186,300 $57,500 $128,800
2015 $3,346 $186,300 $57,500 $128,800
2014 $3,204 $186,300 $57,500 $128,800
2013 $3,569 $207,500 $57,500 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1157302

Maine Listings

APN: WSBR-000033-000000-000235