NOT LISTED FOR SALE

Estimated Value: $1,096,000 - $1,493,000

9 Beds
3 Baths
3,588 Sq Ft
$339/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $617,000 $172 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $7,439/month

122 Days on Market

Highlights

  • Nearby Water Access
  • Wood Flooring
  • Interior Lot
  • Property is near public transit
  • No HOA
  • 2-minute walk to Peppermint Park

About This Home

As of February 2020

Savvy investors take notice - this statuesque, all brick, 3 unit sits at the bottom of Munjoy Hill, where Cumberland Ave meets Washington Ave. This area is booming! New restaurants, markets, breweries, juice bars, coffee shops all within just steps of 104 Cumberland. It's no secret that there is a zip of life here. Be a part of it or invest in it!
Open House Tuesday 9/10 from 12-1PM

Last Agent to Sell the Property

Veronica Schneider

Portside Real Estate Group Listed on: 09/05/2019

Last Buyer's Agent

Michael Sosnowski

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Interior Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 3,588 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 37 / M
  • Assessor Parcel Number 104cumberland04103

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,742

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3588.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3588.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Cooling:None3: 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
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Storage
  • Stories: 3
  • Full Basement: Yes
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Interior Lot, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 104cumberland04103
  • Zoning: B-1

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6741.75
  • Tax Block: M
  • Tax Book Number: 32850
  • Tax Lot: 37
  • Tax Map Number: 13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Feb 27, 2020
Sold by
104 Cumberland Avenue Llc
Bought by
Archer Properties Llc
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Michael Sosnowski
RE/MAX By The Bay
List Price
$654,900
Sold Price
$617,000
Premium/Discount to List
-$37,900
-5.79%
Current Estimated Value
$1,215,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,782
Avg. Annual Appreciation
13.05%
Original Mortgage
$431,900
Outstanding Balance
$384,043
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$831,739

Purchase Details

Closed on
Jan 11, 2016
Sold by
Schneider Craig and Schneider Veronica
Bought by
104 Cumberland Avenue Llc

Purchase Details

Closed on
Nov 3, 2015
Sold by
104 Cumberland Ave Llc
Bought by
Schneider Craig and Schneider Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Schneider Invst Props Llc
Bought by
Schneider Craig A and Schneider Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.33%
Mortgage Type
Unknown
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
Archer Properties Llc -- None Available
104 Cumberland Avenue Llc -- --
Schneider Craig -- --
Schneider Craig A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Properties Llc $200,000
Open Archer Properties Llc $431,900
Previous Owner Schneider Craig $332,500
Previous Owner Schneider Craig A $366,000
Previous Owner Schneider Craig $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $617,000 -5.8% $172 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
09/05/2019 09/05/19 For Sale $654,900 -- $183 / 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 $11,532 $768,300 $223,700 $544,600
2023 $11,071 $768,300 $223,700 $544,600
2022 $10,457 $768,300 $223,700 $544,600
2021 $9,980 $768,300 $223,700 $544,600
2020 $6,991 $299,900 $90,500 $209,400
2019 $6,991 $299,900 $90,500 $209,400
2018 $6,493 $299,900 $90,500 $209,400
2017 $6,493 $299,900 $90,500 $209,400
2016 $6,331 $299,900 $90,500 $209,400
2015 $6,187 $299,900 $90,500 $209,400
2014 $5,998 $299,900 $90,500 $209,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1431918

Maine Listings

APN: PTLD-000013-000000-M037001