$948,000
SOLD OCT 31, 2025

9 Summer St Freeport, ME 04032

-- Bed
8 Baths
3,886 Sq Ft
0.53 Acres

Recently Sold

$244 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Additional Residence on Property
  • Cape Cod Architecture
  • Engineered Wood Flooring
  • Mast Landing School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of October 2025

Discover an exceptional investment or owner-occupant opportunity walking distance from downtown Freeport's shops, restaurants, and amenities. This unique property offers three well-appointed units across two buildings. Charming Cape (Unit 1): Built in 1850 this 1,375 sq. ft. cape-style home features a nicely renovated kitchen (2016), spacious downstairs, with large living room, den/office space and a room currently be used as a first floor bedroom as well as 2 additional bedrooms upstairs. Modern Duplex (Units 2 & 3): Constructed in 2018, the duplex includes two spacious units, each offering 3 bedrooms and 2.5 bathrooms, updated kitchen and baths, and large, bright bedrooms, designed for today's lifestyle. All units include a single car garage. With strong potential rental income, this property is ideal for investors or for homebuyers seeking to offset their mortgage expenses with on-site rental units. Don't miss this rare chance to own a versatile property in a prime Freeport location!

Last Agent to Sell the Property

Jennifer Maneikis

Keller Williams Realty Listed on: 09/03/2025

Keller Williams Realty

Co-Listed By

Christine Mullen

Keller Williams Realty

Last Buyer's Agent

Matthew Cartmell

Keller Williams Realty

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,222

Year Built

  • Built in 1850

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,886 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • Shower Only

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Open Lot
  • Additional Residence on Property

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number FPRT-000009-000007

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $28,649
  • Gross Income $96,721

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,222

Year Built

Built in 1850

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Directions: Exit 20 off 295, Right to Rte 1/Main Street for about a mile, left on to Summer Street. 3 unit is 2nd property on the left.
  • Above Grade Finished Sq Ft: 3886.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 249.36
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.53
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 3886.0
  • Property Information:Garage: Yes
  • 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:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 96721.0
  • Income Expenses Operating Expenses: 28649.0
  • Exterior:Wood Siding: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Discover an exceptional investment or owner-occupant opportunity walking distance from downtown Freeport's shops, restaurants, and amenities. This unique property offers three well-appointed units across two buildings. Charming Cape (Unit 1): Built in 1850 this 1,375 sq. ft. cape-style home features a nicely renovated kitchen (2016), spacious downstairs, with large living room, den/office space and a room currently be used as a first floor bedroom as well as 2 additional bedrooms upstairs. Modern Duplex (Units 2 & 3): Constructed in 2018, the duplex includes two spacious units, each offering 3 bedrooms and 2.5 bathrooms, updated kitchen and baths, and large, bright bedrooms, designed for today's lifestyle. All units include a single car garage. With strong potential rental income, this property is ideal for investors or for homebuyers seeking to offset their mortgage expenses with on-site rental units. Don't miss this rare chance to own a versatile property in a prime Freeport location!
  • Property Information 2 Detached Houses on 1 Lot: Yes
  • Style:Cape Cod: Yes
  • Levels:Multi-Level3: Yes
  • Structure Type Townhouse3: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Has Basement: Full, Bulkhead, Unfinished
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Pantry, Shower
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Level, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 05

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23086.8
  • Parcel #: FPRT-000009-000007
  • Zoning: V1

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 96721.0
  • Annual Operating Expense: 28649.0

Tax Info

  • Tax Annual Amount: 10222.0
  • Tax Lot: 7
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2025
Closed on
Oct 31, 2025
Sold by
Dorsey Mark M and Mullen James B
Bought by
School St Freeport Llc
Seller's Agent
Jennifer Maneikis
Keller Williams Realty
Buyer's Agent
Matthew Cartmell
Keller Williams Realty
List Price
$969,000
Sold Price
$948,000
Premium/Discount to List
-$21,000
-2.17%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-62.15%
Original Mortgage
$758,400
Outstanding Balance
$758,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,826

Purchase Details

Listed on
Sep 3, 2025
Closed on
Oct 30, 2025
Sold by
Lumbo Ledge Llc
Bought by
Mullen James B
Seller's Agent
Jennifer Maneikis
Keller Williams Realty
Buyer's Agent
Matthew Cartmell
Keller Williams Realty
List Price
$969,000
Sold Price
$948,000
Premium/Discount to List
-$21,000
-2.17%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,400
Outstanding Balance
$758,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$101,826

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 24, 2016
Sold by
Vandermast Joanne M and Vandermast Ernest W
Bought by
Lumbo Ledge Llc
Seller's Agent
David Shedd
Coldwell Banker Realty
Buyer's Agent
Tiffany Converse
Keller Williams Realty
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.73%
Original Mortgage
$450,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $758,400 Purchase Money Mortgage
Previous Owner $450,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $948,000 -2.2% $244 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/03/2025 09/03/25 For Sale $969,000 +396.9% $249 / Sq Ft
02/24/2016 02/24/16 Sold $195,000 -13.3% $142 / Sq Ft View Prior Sale
12/16/2015 12/16/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $225,000 -- $164 / 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 $10,222 $765,700 $149,900 $615,800
2023 $9,268 $674,000 $136,300 $537,700
2022 $9,001 $659,400 $121,700 $537,700
2021 $8,304 $622,000 $121,700 $500,300
2020 $3,397 $573,900 $112,700 $461,200
2019 $7,796 $545,200 $106,300 $438,900
2018 $7,548 $501,500 $92,200 $409,300
2017 $7,192 $481,100 $90,400 $390,700
2016 $2,800 $177,200 $65,900 $111,300
2015 $2,821 $167,900 $63,600 $104,300
2014 $2,365 $149,700 $63,600 $86,100
2013 $2,487 $156,900 $63,600 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1636409

Maine Listings

APN: FPRT-000009-000007