NOT LISTED FOR SALE

1017 Broadway South Portland, ME 04106

Pleasantdale Neighborhood

Estimated Value: $705,124 - $866,000

5 Beds
3 Baths
2,400 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $385,000 $160 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $4,576/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Baseboard Heating

About This Home

As of June 2019

Lots of recent updates to this 3 unit building. 2 driveways, large yard, plenty of parking. One 1 bedroom unit, one 2 bedroom unit and one 3 bedroom unit. All units have separate utilities. City water/sewer. Perfect for investor or owner occupied. Great rental income!!

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 05/14/2019

Last Buyer's Agent

Susan Kendeigh

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 2,400 Sq Ft Home
  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • 3 Full Bathrooms
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 1017BroadwaySouthPortland04106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Broadway to 1017. On the corner of Broadway & Minott Street.
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 162.08
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2400.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Basement:Crawl Space: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Lots of recent updates to this 3 unit building. 2 driveways, large yard, plenty of parking. One 1 bedroom unit, one 2 bedroom unit and one 3 bedroom unit. All units have separate utilities. City water/sewer. Perfect for investor or owner occupied. Great rental income!!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Crawl Space, Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Furnace, Baseboard
  • 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: 6534.0
  • Parcel #: 1017BroadwaySouthPortland04106
  • Zoning: G

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 31
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Jun 20, 2019
Sold by
Corrigan Thomas S
Bought by
Gershwin Llc
Seller's Agent
Steven Chicoine
Keller Williams Realty
Buyer's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%
Current Estimated Value
$765,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,031
Avg. Annual Appreciation
11.20%
Original Mortgage
$316,000
Outstanding Balance
$277,841
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$487,190

Purchase Details

Closed on
Jul 26, 2016
Sold by
Corrigan Taylor V and Corrigan Thomas S
Bought by
Broadway 2 Llc

Purchase Details

Listed on
Jan 11, 2016
Closed on
May 24, 2016
Sold by
Cichon Chad A and Cichon Cassandra D
Bought by
Corrigan Taylor V and Corrigan Thomas S
Seller's Agent
Matthew Chamberlain
Regency Realty Group
Buyer's Agent
Jason Bisson
The Atlantic Real Estate Network
List Price
$285,000
Sold Price
$253,000
Premium/Discount to List
-$32,000
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.28%

Purchase Details

Closed on
Apr 10, 2013
Sold by
Cichon Chad A and Chichon Chad A
Bought by
Cichon Chad A and Cichon Cassandra D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,836
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2008
Sold by
Duranleau Robert M and Duranleau Michelle A
Bought by
Cichon Chad A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,060
Interest Rate
6.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gershwin Llc -- --
Broadway 2 Llc -- --
Corrigan Taylor V -- --
Cichon Chad A -- --
Cichon Chad A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gershwin Llc $316,000
Previous Owner Cichon Chad A $232,836
Previous Owner Cichon Chad A $254,825
Previous Owner Cichon Chad A $251,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2019 06/20/19 Sold $385,000 -1.0% $160 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $389,000 +53.8% $162 / Sq Ft
05/24/2016 05/24/16 Sold $253,000 -11.2% $105 / Sq Ft View Prior Sale
05/03/2016 05/03/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $285,000 -- $119 / 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 $6,769 $512,800 $149,000 $363,800
2023 $5,885 $416,200 $98,200 $318,000
2022 $5,655 $363,400 $78,600 $284,800
2021 $5,342 $363,400 $78,600 $284,800
2020 $5,068 $256,600 $68,000 $188,600
2019 $4,786 $256,600 $68,000 $188,600
2018 $4,651 $256,600 $68,000 $188,600
2017 $4,619 $256,600 $68,000 $188,600
2016 $4,322 $244,200 $68,000 $176,200
2015 $4,465 $256,600 $68,000 $188,600
2014 $4,176 $244,200 $68,000 $176,200
2013 -- $244,200 $68,000 $176,200
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Chicoine

    Keller Williams Realty

  • S

    Buyer's Agent in 2019

    Susan Kendeigh

    Vitalius Real Estate Group, LLC

  • Matthew Chamberlain

    Seller's Agent in 2016

    Matthew Chamberlain

    Regency Realty Group

    (207) 450-7653

    79 Total Sales

    Matthew Chamberlain
    Section Image

  • J

    Buyer's Agent in 2016

    Jason Bisson

    The Atlantic Real Estate Network

    Section Image
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Map

Source: Maine Listings

MLS Number: 1414418

Maine Listings

APN: SPOR-000034-000000-000031

Maine Cumberland County South Portland 04106 Pleasantdale

1017 Broadway, South Portland, ME

Not Listed for Sale

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