NOT LISTED FOR SALE

98 State St Brewer, ME 04412

Estimated Value: $284,000 - $316,000

4 Beds
2 Baths
2,016 Sq Ft
$150/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $222,500 $110 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,877/month

55 Days on Market

Highlights

  • Nearby Water Access
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Attic
  • Double Pane Windows

About This Home

As of July 2021

Bring nothing but your belongings. This very well maintained duplex was renovated in 2014 and remains in great condition and ready for you to occupy or to continue renting out. With over 2000 sqft between the two units you wont be disappointed in how easily they are to fill when you have a vacancy. The basement and attic have lots of usable space which allows for each apartment to have its own laundry hookup and extra storage space. Conveniently located near parks, schools, shopping and the interstate for quick access to whatever it is you may be seeking. This home is priced to sell and is a must see!

Last Agent to Sell the Property

Isaac Raymond

NextHome Experience Listed on: 05/06/2021

NextHome Experience

Last Buyer's Agent

Isaac Raymond

NextHome Experience Listed on: 05/06/2021

NextHome Experience

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Low Emissivity Windows
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Nearby Water Access
  • City Lot

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number BRER-000032-000000-000111

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,066
  • Gross Income $22,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • MLS Status: Closed
  • Directions: From 395E headed towards Brewer follow to Exit 4 then go right off the ramp onto S Main St and follow for 1.2 miles until you get to state st. Turn right onto state st then 98 State St will be on left side.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Efficiency: Low E Windows, Double Pane Windows
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 108.88
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: No
  • 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 System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 22020.0
  • Income Expenses Operating Expenses: 7066.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Water Heater:Tank: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Bring nothing but your belongings. This very well maintained duplex was renovated in 2014 and remains in great condition and ready for you to occupy or to continue renting out. With over 2000 sqft between the two units you wont be disappointed in how easily they are to fill when you have a vacancy. The basement and attic have lots of usable space which allows for each apartment to have its own laundry hookup and extra storage space. Conveniently located near parks, schools, shopping and the interstate for quick access to whatever it is you may be seeking. This home is priced to sell and is a must see!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower, Walk-In Closet(s), Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, 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

Schools

  • Junior High Dist: Brewer Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: BRER-000032-000000-000111
  • Zoning: residential/office

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 22020.0
  • Annual Operating Expense: 7066.0

Tax Info

  • Tax Annual Amount: 2559.0
  • Tax Lot: 111
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 16, 2021
Sold by
Freedom Rentals Llc
Bought by
Bernier Bailey
Seller's Agent
Isaac Raymond
NextHome Experience
Buyer's Agent
Isaac Raymond
NextHome Experience
List Price
$235,000
Sold Price
$222,500
Premium/Discount to List
-$12,500
-5.32%
Current Estimated Value
$290,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,058
Avg. Annual Appreciation
7.08%
Original Mortgage
$218,469
Outstanding Balance
$198,408
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$104,050

Purchase Details

Closed on
Dec 23, 2013
Sold by
Hamadey Jeffreyt C and Bank New York Mellon Tr
Bought by
Bank New York Mellon Tr

Purchase Details

Closed on
Dec 28, 2012
Sold by
Bank Of New York Mellon
Bought by
Cwabs Inc and Bank Of New York Mellon

Purchase Details

Closed on
Jan 14, 2011
Sold by
Hamadey Linda M and Bank Of New York Mellon
Bought by
Bank Of New York
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bernier Bailey -- None Available
Bernier Bailey -- None Available
Bank New York Mellon Tr -- --
Bank New York Mellon Tr -- --
Cwabs Inc -- --
Cwabs Inc -- --
Bank Of New York -- --
Bank Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernier Bailey $218,469
Closed Bernier Bailey $218,469
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $222,500 -5.3% $110 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $235,000 -- $117 / 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 $4,285 $227,900 $23,900 $204,000
2023 $4,116 $204,800 $22,200 $182,600
2021 $3,965 $177,800 $22,000 $155,800
2020 $2,559 $112,500 $22,000 $90,500
2019 $2,529 $110,000 $22,000 $88,000
2018 $2,475 $110,000 $22,000 $88,000
2017 $2,475 $110,000 $22,000 $88,000
2016 $2,367 $110,000 $22,000 $88,000
2015 $2,367 $110,000 $22,000 $88,000
2014 $2,301 $110,000 $22,000 $88,000
2013 $2,684 $128,300 $13,200 $115,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487175

Maine Listings

APN: BRER-000032-000000-000111