NOT LISTED FOR SALE

10 Exchange St Unit 309 Portland, ME 04101

Downtown Portland Neighborhood

Estimated Value: $391,059 - $529,000

1 Bed
1 Bath
562 Sq Ft
$183/mo HOA Fee

Last Sold December 31, 2020

Last sale price $305,000 $543 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,834/month

110 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Contemporary Architecture
  • Public Beach
  • The property is located in a historic district
  • 2-minute walk to Tommy's Park

About This Home

As of December 2020

Hip, Urban, Historic...Welcome to The Residence at 10 Exchange! Prefect in town location to take advantage of all the Old Port has to offer. This 1 bedroom unit offers a open concept flow filled with historic charm and exposed brick. Modern appliances and high end finishes. Step outside onto the cobblestone streets and explore the best Portland has to offer. Parking is available for lease at nearby garages and Condo Association approved Short Term rentals/Airbnb rentals are allowed! Great for in town living or a terrific investment with strong rental history in the building

Last Agent to Sell the Property

Jennifer Davies

Compass Commercial Brokers, LLC Listed on: 08/14/2020

Compass Commercial Brokers, LLC

Last Buyer's Agent

Scott Bonney

Gammon Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1875

Lot Details

  • Public Beach
  • Sprinkler System

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction
  • Pitched Roof
  • Membrane Roofing

Interior Spaces

  • 562 Sq Ft Home
  • 1-Story Property
  • Home Security System
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • Leased Parking
  • No Driveway
  • Off-Site Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course
  • The property is located in a historic district
  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Space Heater
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 12-13-17 / I
  • Assessor Parcel Number PTLD-000032-000000-I012309

Community Details

Overview

  • 27 Units

Recreation

  • Country Club

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,107

Year Built

Built in 1875

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 562.0
  • Architectural Style: Contemporary, Other Style
  • Garage Yn: No
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 562.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 182.77
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 27
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Location:Near Public Beach: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Recreational Water:Nearby: Yes
  • Parking:Off Site: Yes
  • Driveway:No Driveway: Yes
  • Location:Near Country Club: Yes
  • Parking Other Parking: Yes
  • Exterior:Brick: Yes
  • Heat System:Space Heater: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Flat: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom, One-Floor Living, Other, Shower

Exterior Features

  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Brick, Wood Frame
  • Roof: Flat, Membrane, Pitched

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, Leased, Off Site, Other
  • Parking Leased: Yes

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler, Fire System, Security System
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Space Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 182.77
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000032-000000-I012309
  • Zoning: B3

Multi Family

  • Number Of Units In Community: 27

Tax Info

  • Tax Annual Amount: 5107.0
  • Tax Block: I
  • Tax Book Number: 33540
  • Tax Lot: 12-13-17
  • Tax Map Number: 32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Dec 30, 2020
Sold by
10 Exchange Street Llc
Bought by
Shepherd Thomas A and Shepherd Elizabeth A
Seller's Agent
Jennifer Davies
Compass Commercial Brokers, LLC
Buyer's Agent
Scott Bonney
Gammon Realty Group
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$429,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,265
Avg. Annual Appreciation
7.38%
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
Shepherd Thomas A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $305,000 -6.2% $543 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $325,000 -- $578 / 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 $4,503 $300,000 $60,000 $240,000
2023 $4,323 $300,000 $60,000 $240,000
2022 $4,083 $300,000 $60,000 $240,000
2021 $3,897 $300,000 $60,000 $240,000
2020 $5,107 $219,100 $43,800 $175,300
2019 $5,107 $219,100 $43,800 $175,300
2018 $4,925 $219,100 $43,800 $175,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Davies

    Compass Commercial Brokers, LLC

    (207) 253-1781

    5 in this area

    14 Total Sales

    Jennifer Davies
    Section Image

  • S

    Buyer's Agent in 2020

    Scott Bonney

    Gammon Realty Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1461861

Maine Listings

APN: 032 I012309

Maine Cumberland County Portland 04101 Downtown Portland

10 Exchange St Unit 309, Portland, ME

This home is located at 10 Exchange St Unit 309, Portland, ME 04101 since 14 August 2020 and is currently estimated at $429,265, approximately $763 per square foot. This property was built in 1875. 10 Exchange St Unit 309 is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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