NOT LISTED FOR SALE

Estimated Value: $390,000 - $537,000

2 Beds
3 Baths
3,264 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $710,000 $218 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $2,804/month

Highlights

  • Ocean Front
  • Deck
  • Wood Flooring
  • Nearby Water Access
  • Property is near public transit
  • Main Floor Bedroom

About This Home

As of August 2022

Wonderful 3-unit home on a quiet dead-end street, with carport/garage for 3 cars and a small yard for gardening or recreation. Each unit has 2 bedrooms, a full bath, kitchen, living room, dining room and private deck. Public water, public sewer and natural gas. Easy to owner occupy-why pay rent when you can earn equity!?!

Last Agent to Sell the Property

Alexa Oestreicher

Legacy Properties Sotheby's International Realty Listed on: 07/22/2022

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

David Marsden

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,022

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Carport
  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,264 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot F005
  • Assessor Parcel Number 1012motelystreetportlandME04102

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $4,355
  • Gross Income $44,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,022

Year Built

Built in 1909

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3264.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1909
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3264.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 44100.0
  • Income Expenses Operating Expenses: 4355.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Driveway:Gravel: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Carport: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Gravel, Common, Carport, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • 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: 4791.6
  • Parcel #: 1012motelystreetportlandME04102
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 44100.0
  • Annual Operating Expense: 4355.0

Tax Info

  • Tax Annual Amount: 8022.0
  • Tax Book Number: 35095
  • Tax Lot: F005
  • Tax Map Number: 177
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2023
Sold by
Agh Properties Llc
Bought by
Zox Izabella C and Zox William P
Current Estimated Value
$447,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$290,161
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,195

Purchase Details

Closed on
Jun 16, 2023
Sold by
Agh Properties Llc
Bought by
Pitchard Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Outstanding Balance
$290,161
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,195

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 20, 2016
Sold by
10-12 Motley St Llc
Bought by
Leslie Genevieve C
Seller's Agent
Vincent Connolly
HomePro
Buyer's Agent
David Marsden
Coldwell Banker Realty
List Price
$429,000
Sold Price
$460,000
Premium/Discount to List
$31,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$414,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Bellino Mary R
Bought by
10-12 Motley St Portl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2013
Sold by
10-12 Motley St Ptlnd Llc
Bought by
Bellino Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
4.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2012
Sold by
Bellino Mary R
Bought by
10-12 Motley St Portl Llc

Purchase Details

Closed on
Dec 22, 2006
Sold by
Bellino John D
Bought by
Bellino Mary R
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
Zox Izabella C -- None Available
Zox Izabella C -- None Available
Pitchard Elizabeth A $405,000 None Available
Pitchard Elizabeth A $405,000 None Available
Leslie Genevieve C -- --
Leslie Genevieve C -- --
10-12 Motley St Portl Llc -- --
10-12 Motley St Portl Llc -- --
Bellino Mary R -- --
Bellino Mary R -- --
10-12 Motley St Portl Llc -- --
10-12 Motley St Portl Llc -- --
Bellino Mary R -- --
Bellino Mary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fulton Elizabeth A $297,500
Closed Fulton Elizabeth A $297,500
Closed Zox Izabella C $375,250
Closed Pitchard Elizabeth A $130,000
Previous Owner Leslie Genevieve C $414,000
Previous Owner Leslie Genevieve C $414,000
Previous Owner 10-12 Motley St Portl Llc $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $710,000 +6.8% $218 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $665,000 +44.6% $204 / Sq Ft
07/15/2016 07/15/16 Sold $460,000 +7.2% $141 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $429,000 -- $131 / 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 $5,153 $343,300 $68,700 $274,600
2023 $8,900 $617,600 $76,500 $541,100
2022 $8,406 $617,600 $76,500 $541,100
2021 $8,023 $617,600 $76,500 $541,100
2020 $7,098 $304,500 $53,900 $250,600
2019 $6,627 $284,300 $53,900 $230,400
2018 $6,155 $284,300 $53,900 $230,400
2017 $6,155 $284,300 $53,900 $230,400
2016 $6,002 $284,300 $53,900 $230,400
2015 $5,865 $284,300 $53,900 $230,400
2014 $5,686 $284,300 $53,900 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537456

Maine Listings

APN: PTLD-000177-000000-F005001