$950,000
SOLD JAN 10, 2025

90 Mechanic St Westbrook, ME 04092

-- Bed
5 Baths
3,882 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

6 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Tile Flooring
  • New Englander Architecture
  • Porch
  • Baseboard Heating

About This Home

As of January 2025

Welcome to Westbrook's newest multi-unit property, located just minutes from downtown and all that Westbrook has to offer! Enjoy nearby breweries, restaurants, coffee shops, and more. This property is ideally situated just 3 minutes from Westbrook's scenic River Walk, 9 minutes from I-95, and 11 minutes from the Portland Jetport.
Four of the units include two bedrooms. Two parking spaces for each unit and there is a locked storage space in the basement along with coin operated laundry available for tenants to use.

Last Agent to Sell the Property

Sarah Ash

Maine Real Estate Co Listed on: 11/13/2024

Last Buyer's Agent

Cari Turnbull

Maine Real Estate Experts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,347

Year Built

  • Built in 1900

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 5 Full Bathrooms
  • 3,882 Sq Ft Home
  • Multi-Level Property

Flooring

  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Brick Basement
  • Interior Basement Entry
  • Sump Pump

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Porch
  • 7,405 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 179
  • Assessor Parcel Number WSBR-000028-000000-000179

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $13,139
  • Gross Income $81,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,347

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: This property is situated just 3 minutes from Westbrook's scenic River Walk, 9 minutes from I-95, and 11 minutes from the Portland Jetport.
  • Above Grade Finished Sq Ft: 3882.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3882.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Property Information:Number of Units: 5
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 81600.0
  • Income Expenses Operating Expenses: 13139.15
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 5
  • Flooring: Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Shingle Siding, Masonry
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: WSBR-000028-000000-000179
  • Zoning: Residential Growth A

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 81600.0
  • Annual Operating Expense: 13139.15

Tax Info

  • Tax Annual Amount: 8347.0
  • Tax Book Number: 29261
  • Tax Lot: 179
  • Tax Map Number: 28
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Jan 10, 2025
Sold by
Fournelle Realty Llc
Bought by
Sawbrook Properties Llc
Seller's Agent
Sarah Ash
Maine Real Estate Co
Buyer's Agent
Cari Turnbull
Maine Real Estate Experts
List Price
$950,000
Sold Price
$950,000
Views
8
Current Estimated Value
$952,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,001
Avg. Annual Appreciation
0.74%
Original Mortgage
$760,000
Outstanding Balance
$758,049
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$196,230
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 $950,000 None Available
Warranty Deed $950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 Purchase Money Mortgage
Closed $760,000 Purchase Money Mortgage
Previous Owner $1,425,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $420,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $950,000 0.0% $245 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $950,000 -- $245 / 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 $8,347 $500,400 $124,000 $376,400
2022 $7,546 $416,900 $103,300 $313,600
2021 $7,433 $416,900 $103,300 $313,600
2020 $6,939 $388,500 $103,300 $285,200
2019 $6,939 $388,500 $103,300 $285,200
2018 $6,645 $333,100 $91,500 $241,600
2017 $6,289 $333,100 $91,500 $241,600
2016 $6,129 $333,100 $91,500 $241,600
2015 $5,982 $333,100 $91,500 $241,600
2014 $5,729 $333,100 $91,500 $241,600
2013 $5,729 $333,100 $91,500 $241,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1609326

Maine Listings

APN: WSBR-000028-000000-000179