NOT LISTED FOR SALE

9 Stevens Way Unit A and B Kennebunk, ME 04043

West Kennebunk Neighborhood

Estimated Value: $338,468 - $517,000

2 Beds
2 Baths
960 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $185,000 $193 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,512/month

40 Days on Market

Highlights

  • Additional Residence on Property
  • View of Trees or Woods
  • No HOA
  • The property is located in a historic district
  • Wooded Lot
  • Shed

About This Home

As of August 2019

HOME OR INVESTMENT! Peaceful private way in West Kennebunk backs up to Kennebunk Land Trust. Property includes 2 single family homes on nearly 1 Acre. Investors take notice - wonderful ''built-in'' tenants, 1 of 19 years, the other 10 years. Or, jump in on the ''tiny house'' band wagon. Live in one and rent the other, where the tenant pays most of your mortgage. There are endless possibilities to this property. Large split Shed to share as well. These homes are stick built and not modular or mobile homes.

Last Listed By

Al Hebb

Town Square Realty Group Listed on: 05/20/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1997

Lot Details

  • 0.94 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Level Lot
  • Wooded Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 960 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Flooring

  • Carpet
  • Vinyl

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Underground Utilities
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Design Available
  • Private Sewer
  • Satellite Dish

Additional Features

  • Shed
  • Additional Residence on Property
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • 2 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 035
  • Assessor Parcel Number KENB-000018-000000-000035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,328

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.94
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In West Kennebunk, Alfred Road to Stevens Way. Last 2 houses on right.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.94
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Parking:On Site2: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Equipment:Satellite Dish: Yes
  • Location:Abuts Conservation: Yes
  • Basement Entry:Exterior Only: Yes
  • Electric:Underground: Yes
  • Roof:Fiberglass: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Crawl Space, Exterior Only
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living

Exterior Features

  • Lot Features: Level, Right of Way, Wooded, Abuts Conservation, Historic District, Near Turnpike/Interstate, Near Town
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Composition, Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 21

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40946.4
  • Parcel #: KENB-000018-000000-000035
  • Zoning: WKVR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2328.0
  • Tax Book Number: 14455
  • Tax Lot: 035
  • Tax Map Number: 018
  • Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 29, 2019
Sold by
Hebb Karen M and Hebb Alan E
Bought by
Morse Brandon
Seller's Agent
Al Hebb
Town Square Realty Group
Buyer's Agent
Hylah Riley
Berkshire Hathaway HomeServices Verani Realty
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%
Total Days on Market
40
Current Estimated Value
$407,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,867
Avg. Annual Appreciation
13.76%
Original Mortgage
$181,649
Outstanding Balance
$162,774
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$222,396

Purchase Details

Closed on
May 9, 2005
Sold by
Webber Robert R
Bought by
Hebb Alan E and Hebb Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Morse Brandon -- --
Hebb Alan E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Brandon $30,000
Closed Morse Brandon $20,000
Open Morse Brandon $181,649
Closed Morse Brandon $181,649
Previous Owner Hebb Alan E $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $185,000 -7.5% $193 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $200,000 -- $208 / 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
2024 $3,004 $177,200 $54,500 $122,700
2023 $2,844 $177,200 $54,500 $122,700
2022 $2,587 $177,200 $54,500 $122,700
2021 $2,525 $177,200 $54,500 $122,700
2020 $2,507 $177,200 $54,500 $122,700
2019 $2,437 $177,200 $54,500 $122,700
2018 $2,328 $133,000 $40,900 $92,100
2017 $2,201 $133,000 $40,900 $92,100
2016 $2,115 $133,000 $40,900 $92,100
2015 $2,035 $133,000 $40,900 $92,100
2014 $1,982 $133,000 $40,900 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1415289

Maine Listings

APN: 018 035