NOT LISTED FOR SALE

10 Exchange St Unit 408 Portland, ME 04101

Downtown Portland Neighborhood

Estimated Value: $431,471 - $550,000

2 Beds
1 Bath
717 Sq Ft
$200/mo HOA Fee

Last Sold July 24, 2020

Last sale price $365,000 $509 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,183/month

43 Days on Market

Highlights

  • Nearby Water Access
  • The property is located in a historic district
  • Property is near public transit
  • Public Beach
  • 0.26 Acre Lot
  • 2-minute walk to Tommy's Park

About This Home

As of July 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 large 2 level, 2 bedroom unit offers a open concept flow filled with historic charm, skylights 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 at a nearby garage and Condo Association approved 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: 06/02/2020

Compass Commercial Brokers, LLC

Last Buyer's Agent

Jennifer Davies

Compass Commercial Brokers, LLC Listed on: 06/02/2020

Compass Commercial Brokers, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,294

Year Built

  • Built in 1875

Lot Details

  • Public Beach
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 717 Sq Ft Home
  • Multi-Level Property
  • Home Security System
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor 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
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 12-13-17
  • Assessor Parcel Number PTLD-000032-000000-I012408

Community Details

Overview

  • 27 Units

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,294

Year Built

Built in 1875

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 717.0
  • Architectural Style: Multi-Level, Other Style
  • Garage Yn: No
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 717.0
  • Property Information:Garage: No
  • 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:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 27
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Style:Multi-Level: 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
  • 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
  • Condominium:Total Units4: 27
  • 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: 2
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom, Shower

Exterior Features

  • Lot Features: 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
  • 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: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: PTLD-000032-000000-I012408
  • Zoning: B3

Multi Family

  • Number Of Units In Community: 27
  • Number Of Units Total: 27

Tax Info

  • Tax Annual Amount: 6294.0
  • 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
Jun 2, 2020
Closed on
Jul 24, 2020
Sold by
10 Exchange Street Llc
Bought by
Brett Brett D and Brett K T
Seller's Agent
Jennifer Davies
Compass Commercial Brokers, LLC
Buyer's Agent
Jennifer Davies
Compass Commercial Brokers, LLC
List Price
$379,000
Sold Price
$365,000
Premium/Discount to List
-$14,000
-3.69%
Current Estimated Value
$492,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,868
Avg. Annual Appreciation
5.90%
Source: Public Records

Range of Values:

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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
Brett Brett D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $365,000 -3.7% $509 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $379,000 -- $529 / 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 $4,529 $301,700 $60,340 $241,360
2023 $4,347 $301,700 $60,340 $241,360
2022 $4,106 $301,700 $60,340 $241,360
2021 $3,919 $301,700 $60,340 $241,360
2020 $6,294 $270,000 $54,000 $216,000
2019 $6,294 $270,000 $54,000 $216,000
2018 $6,070 $270,000 $54,000 $216,000
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
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Map

Source: Maine Listings

MLS Number: 1454636

Maine Listings

APN: 032 I012408

Maine Cumberland County Portland 04101 Downtown Portland

10 Exchange St Unit 408, Portland, ME

This home is located at 10 Exchange St Unit 408, Portland, ME 04101 since 02 June 2020 and is currently estimated at $492,868, approximately $687 per square foot. This property was built in 1875. 10 Exchange St Unit 408 is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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