Seller's Agent in 2024
Aaron Chadbourne
Demetria Real Estate
(207) 329-0915
1 in this area
227 Total Sales
Estimated Value: $506,000 - $572,000
4
Beds
3
Baths
2,439
Sq Ft
$224/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Shed
- Kennebunk High School Rated 9+
- No HOA
- 4-minute walk to Rotary Park
About This Home
As of May 2024INVESTORS TAKE NOTE. 3-unit investment property in the heart of Kennebunk with rental history, waiting for your improvements to unlock its full potential. Ideally located walking distance to downtown Kennebunk and its restaurants, parks, shops, ice skating, bowling, farmer's market and so much more. Easy access to all of the region's amenities including beaches, golf and boating. Large back yard. Parking for at least 2 cars per unit. Newer heating system. Great income. Being sold as-is. 2 units are currently rented. Showing Times are limited to accommodate tenants.
Last Buyer's Agent
Blake Dowe
Freeman Group-Residential Real Estate Brokerage
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,908
Year Built
- Built in 1845
Lot Details
- 9,148 Sq Ft Lot
- Level Lot
Home Design
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 2,439 Sq Ft Home
- Multi-Level Property
- Washer and Dryer Hookup
Flooring
- Wood
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Crawl Space
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Deck
- Shed
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 78
- Assessor Parcel Number KENB-000054-000000-000078
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $14,735
- Gross Income $51,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2024
Closed on
May 29, 2024
Sold by
Macisso Patrick J
Bought by
Dowe Blake H and Heath Kaylen M
Seller's Agent
Aaron Chadbourne
Demetria Real Estate
Buyer's Agent
Blake Dowe
Freeman Group-Residential Real Estate Brokerage
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,257
Avg. Annual Appreciation
1.53%
Original Mortgage
$428,000
Outstanding Balance
$422,621
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$123,636
Purchase Details
Listed on
Apr 13, 2018
Closed on
Aug 6, 2018
Sold by
10 High St Rt and Gardner
Bought by
Macisso Patrick J and Macisso Patrick J
Seller's Agent
Danielle Lape
Kre Brokerage Group
Buyer's Agent
Sandra Reid
Keller Williams Realty
List Price
$365,000
Sold Price
$332,000
Premium/Discount to List
-$33,000
-9.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$322,527
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 20, 2016
Closed on
Nov 22, 2016
Sold by
2 Gs Llc
Bought by
20 High St Rt and Gardner
Seller's Agent
Bette Schofield
Pack Maynard and Associates
Buyer's Agent
Julie Court
Keller Williams Realty
List Price
$294,000
Sold Price
$225,000
Premium/Discount to List
-$69,000
-23.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.71%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dowe Blake H | $535,000 | None Available | |
| Dowe Blake H | $535,000 | None Available | |
| Macisso Patrick J | -- | -- | |
| Macisso Patrick J | -- | -- | |
| 20 High St Rt | -- | -- | |
| 20 High St Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dowe Blake H | $428,000 | |
| Closed | Dowe Blake H | $428,000 | |
| Previous Owner | Macisso Patrick J | $322,527 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2024 05/29/24 | Sold | $535,000 | +1.9% | $219 / Sq Ft | |
| 04/21/2024 04/21/24 | Pending | -- | -- | -- | |
| 04/17/2024 04/17/24 | For Sale | $525,000 | +58.1% | $215 / Sq Ft | |
| 08/02/2018 08/02/18 | Sold | $332,000 | -9.0% | $136 / Sq Ft | View Prior Sale |
| 06/13/2018 06/13/18 | Pending | -- | -- | -- | |
| 04/12/2018 04/12/18 | For Sale | $365,000 | +62.2% | $150 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $225,000 | -23.5% | $92 / Sq Ft | View Prior Sale |
| 11/14/2016 11/14/16 | Pending | -- | -- | -- | |
| 04/20/2016 04/20/16 | For Sale | $294,000 | -- | $121 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,127 | $243,500 | $72,700 | $170,800 |
| 2023 | $3,908 | $243,500 | $72,700 | $170,800 |
| 2022 | $3,555 | $243,500 | $72,700 | $170,800 |
| 2021 | $3,470 | $243,500 | $72,700 | $170,800 |
| 2020 | $3,446 | $243,500 | $72,700 | $170,800 |
| 2019 | $3,348 | $243,500 | $72,700 | $170,800 |
| 2018 | $3,196 | $182,600 | $54,500 | $128,100 |
| 2017 | $10,944 | $182,600 | $54,500 | $128,100 |
| 2016 | $2,903 | $182,600 | $54,500 | $128,100 |
| 2015 | $2,794 | $182,600 | $54,500 | $128,100 |
| 2014 | $2,721 | $182,600 | $54,500 | $128,100 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Chadbourne
-
B
Buyer's Agent in 2024
Blake Dowe
Freeman Group-Residential Real Estate Brokerage
-
Danielle Lape
Seller's Agent in 2018
Danielle Lape
Kre Brokerage Group
(207) 730-2476
127 Total Sales
-
S
Buyer's Agent in 2018
Sandra Reid
Keller Williams Realty
-
Bette Schofield
Seller's Agent in 2016
Bette Schofield
Pack Maynard and Associates
(207) 641-9553
19 in this area
55 Total Sales
-
J
Buyer's Agent in 2016
Julie Court
Keller Williams Realty
Source: Maine Listings
MLS Number: 1586435
APN: KENB-000054-000000-000078
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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