NOT LISTED FOR SALE

98 Central St Westbrook, ME 04092

Estimated Value: $430,808 - $724,000

5 Beds
3 Baths
2,640 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $214,000 $81 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $3,754/month

275 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Carpet
  • Baseboard Heating

About This Home

As of May 2016

Great investment opportunity in this well located 3 unit building featuring many updates such as: new roof shingles in 2014, blown in insulation in the attic in 2014, tree removal completed in 2014, city recently installed new sidewalks and repaved the street. Current rents are below market, all appliances included, laundry hook up in basement, excellent cash flow....call for your showing today!

Last Agent to Sell the Property

Catherine Nekoie

Gardner Real Estate Group Listed on: 07/27/2015

Last Buyer's Agent

Ken Bell

Century 21 Venture Ltd.

Century 21 Venture Ltd.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 1900

Lot Details

  • 10,019

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Off-Street Parking

Location

  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 232
  • Assessor Parcel Number WSBR-000028-000000-000232

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,817

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: William Clark Dr/ Rt 25 heading west toward Gorham Central St on the left after the hardware store to #98 on the left
  • Architectural Style: Townhouse
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:Townhouse: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Great investment opportunity in this well located 3 unit building featuring many updates such as: new roof shingles in 2014, blown in insulation in the attic in 2014, tree removal completed in 2014, city recently installed new sidewalks and repaved the street. Current rents are below market, all appliances included, laundry hook up in basement, excellent cash flow....call listing agent Catherine Nekoie cell: 207-650-6120 or email: catherine@lucasrealestate.com to schedule your showing today!
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • 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: 10018.8
  • Parcel #: WSBR-000028-000000-000232
  • Zoning: 11

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3817.0
  • Tax Lot: 232
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 11, 2016
Sold by
Nekoie Bahman and Nekoie Catherine E
Bought by
Saremi Cue
Seller's Agent
Catherine Nekoie
Gardner Real Estate Group
Buyer's Agent
Ken Bell
Century 21 Venture Ltd.
List Price
$224,900
Sold Price
$214,000
Premium/Discount to List
-$10,900
-4.85%
Current Estimated Value
$606,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,202
Avg. Annual Appreciation
11.23%
Original Mortgage
$160,500
Outstanding Balance
$127,977
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$478,225

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jun 19, 2013
Sold by
Atkinson J M and Atkinson April A
Bought by
Nekoie Bahman and Nekoie Catherine E
Seller's Agent
Keith Nicely
Keller Williams Realty
Buyer's Agent
Daniel Lucas
Lucas Real Estate
List Price
$189,900
Sold Price
$172,000
Premium/Discount to List
-$17,900
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$129,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2007
Sold by
Janken Llc
Bought by
Atkinson Mark J and Atkinson April A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Saremi Cue -- --
Nekoie Bahman -- --
Atkinson Mark J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saremi Cue $160,500
Previous Owner Nekoie Bahman $129,000
Previous Owner Atkinson Mark J $191,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2016 05/10/16 Sold $214,000 -4.8% $81 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
07/07/2015 07/07/15 For Sale $224,900 +30.8% $85 / Sq Ft
06/18/2013 06/18/13 Sold $172,000 -9.4% $65 / Sq Ft View Prior Sale
05/06/2013 05/06/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $189,900 -- $72 / Sq Ft
Source: Maine Listings

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 $5,628 $337,400 $84,400 $253,000
2022 $5,110 $282,300 $70,300 $212,000
2021 $5,033 $282,300 $70,300 $212,000
2020 $5,042 $282,300 $70,300 $212,000
2019 $5,042 $282,300 $70,300 $212,000
2018 $4,427 $221,900 $61,200 $160,700
2017 $4,189 $221,900 $61,200 $160,700
2016 $4,083 $221,900 $61,200 $160,700
2015 $3,985 $221,900 $61,200 $160,700
2014 $3,817 $221,900 $61,200 $160,700
2013 $3,870 $225,000 $61,200 $163,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1224791

Maine Listings

APN: WSBR-000028-000000-000232

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