NOT LISTED FOR SALE

1 Cumberland Ave Unit 2 Portland, ME 04101

East End Neighborhood

Estimated Value: $520,000 - $576,000

2 Beds
1 Bath
775 Sq Ft
$379/mo HOA Fee

Last Sold June 08, 2022

Last sale price $515,000 $665 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,803/month

5 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Wood Flooring
  • Nearby Water Access
  • Property is near public transit
  • 4-minute walk to Fort Sumner Park

About This Home

As of June 2022

Beautifully remodeled condo at the top of Munjoy Hill! This bright 2nd floor condo ticks all your boxes for easy living - an eat-in kitchen, efficient mini splits for A/C and heat, 1-car deeded parking, in-unit laundry, a dedicated storage unit and of course a fabulous location in the heart of the East End. Walk just 1 block to Rosemont Market, the Blue Spoon and other awesome local spots.

Last Agent to Sell the Property

Elise Loschiavo

Vitalius Real Estate Group, LLC Listed on: 04/26/2022

Last Buyer's Agent

Christopher Davis

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,489

Year Built

  • Built in 1920

Lot Details

  • Ocean Front
  • Public Beach

HOA Fees

  • $379 Monthly HOA Fees

Home Design

  • Mansard Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot C-18
  • Assessor Parcel Number PTLD-000014-C000018-000102

Community Details

Overview

  • 6 Units
  • Cumberland East Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,489

Year Built

Built in 1920

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cumberland East
  • Above Grade Finished Sq Ft: 775.0
  • Architectural Style: Mansard
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 775.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 379.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Appliances Included:Gas Range: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:_pound_ of Buildings: 1
  • Style:Mansard: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: One-Floor Living, Shower, Storage
  • Full Basement: Yes
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Public Beach, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 379.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000014-C000018-000102
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 4489.0
  • Tax Book Number: 35317
  • Tax Lot: C-18
  • Tax Map Number: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 8, 2022
Sold by
Rathbun Mia G and Rotblatt Michael D
Bought by
Schiano Alainna M
Seller's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
Buyer's Agent
Christopher Davis
Real Broker
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$546,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,553
Avg. Annual Appreciation
1.79%
Original Mortgage
$412,000
Outstanding Balance
$394,265
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,635
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 Buyer Sale Price Title Company
Schiano Alainna M $515,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiano Alainna M $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $515,000 +3.2% $665 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $499,000 +35.8% $644 / Sq Ft
11/26/2018 11/26/18 Sold $367,500 -3.0% $474 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $379,000 -- $489 / 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 $5,187 $345,600 $69,120 $276,480
2023 $4,980 $345,600 $69,120 $276,480
2022 $4,704 $345,600 $69,120 $276,480
2021 $4,489 $345,600 $69,120 $276,480
2020 $6,254 $268,300 $53,900 $214,400
2019 $6,254 $268,300 $53,900 $214,400
2018 $2,412 $107,300 $21,500 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1525985

Maine Listings

APN: 014 C018102