NOT LISTED FOR SALE

99 State St Brewer, ME 04412

Estimated Value: $353,266

2 Beds
4 Baths
4,330 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 08, 2022

Last sale price $305,000 $70 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,567/month

111 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • No HOA
  • Victorian Architecture
  • Corner Lot
  • In-Law or Guest Suite

About This Home

As of November 2022

Attention investors and business owners- this rare offering will allow you to bring your business to Brewer or simply add this beautiful building to your rental portfolio! This character-filled commercial & residential mixed-use BREWER building is ready for a new owner. The 1900+ square foot first floor is currently configured as office space. It has 3 exterior entrances so there's opportunity to divide the space for multiple users. The entire main level was most recently a medical-type office, however, it would also make a great spa/salon; daycare; attorney or accountant's office; or any business office use. On the 2nd floor there's a large move-in ready two bedroom apartment with updated kitchen and bathroom. Also on this level is a modest one bedroom apartment that served as an employee break room for the offices below. On the 3rd floor there's a surprisingly oversized one bedroom unit with lots of windows. This building has been well maintained and has the benefit of natural gas heat for efficiency and cost savings. The large, paved parking lot is just another great reason you should add this property to your investment portfolio. There's lots of potential and the location is ideal. Bring your ideas and check with the City of Brewer for allowable uses.

Last Listed By

Tara Roy

EXP Realty Listed on: 06/01/2022

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,025

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,330 Sq Ft Home
  • Multi-Level Property
  • Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • Bathtub

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit
  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Heater
  • Internet Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 156
  • Assessor Parcel Number BRER-000030-000000-000156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,025

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4330.0
  • Architectural Style: Multi-Level, Other Style, Victorian
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4330.0
  • Property Information:Garage: No
  • Site:Corner Lot: 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:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Amenities:In-Law Apartment: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Attic, Bathtub, In-Law Floorplan
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Intown, Near Shopping, Suburban, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: BRER-000030-000000-000156
  • Zoning: Conv Business

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6025.0
  • Tax Book Number: 3761
  • Tax Lot: 156
  • Tax Map Number: 30
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Nov 8, 2022
Sold by
Murray Nancy L
Bought by
Jcubed Llc
Seller's Agent
Tara Roy
EXP Realty
Buyer's Agent
Renee Hudgens
Realty of Maine
List Price
$350,000
Sold Price
$305,000
Premium/Discount to List
-$45,000
-12.86%
Total Days on Market
111
Views
13
Current Estimated Value
$353,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,266
Avg. Annual Appreciation
6.10%
Original Mortgage
$240,000
Outstanding Balance
$233,895
Interest Rate
7.08%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$119,371

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
Jcubed Llc $305,000 None Available
Jcubed Llc $305,000 None Available
Jcubed Llc $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jcubed Llc $240,000
Closed Jcubed Llc $240,000
Previous Owner Murray Nancy L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $305,000 -12.9% $70 / Sq Ft
05/31/2022 05/31/22 For Sale $350,000 -- $81 / 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 $7,187 $382,300 $43,100 $339,200
2023 $6,607 $328,700 $39,900 $288,800
2021 $6,025 $270,200 $39,500 $230,700
2020 $6,090 $267,700 $39,500 $228,200
2019 $6,690 $291,000 $39,500 $251,500
2018 $5,297 $235,400 $39,500 $195,900
2017 $5,297 $235,400 $39,500 $195,900
2016 $5,066 $235,400 $39,500 $195,900
2015 $5,066 $235,400 $39,500 $195,900
2014 $4,925 $235,400 $39,500 $195,900
2013 $5,286 $252,700 $22,500 $230,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1530337

Maine Listings

APN: BRER-000030-000000-000156