NOT LISTED FOR SALE

1040 Broadway South Portland, ME 04106

Knightville Neighborhood

Estimated Value: $431,000 - $482,000

2 Beds
1.5 Baths
2,184 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $240,000 $110 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,876/month

15 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Air Conditioning
  • Attic
  • Bathtub
  • Living Room

About This Home

As of June 2020

Convenient location and minutes from intown shopping. Located in residential/professional mixed-use zoning, this property offers flexible options for its highest and best use. Spacious layout, ample parking, newer appliances, and high-end washer/dryer. Seller is offering a $5,000 allowance towards the cost of new flooring. The property has a lot to offer at this price point. Also listed as a Commercial property: MLS 1447471

Last Agent to Sell the Property

Michael Hitz

Maine Home Connection Brokerage Phone: 207.517.3100 Listed on: 03/30/2020

Last Buyer's Agent

Mike Bunting

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Property is zoned RES-G

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 011A
  • Assessor Parcel Number SPOR-000034-000000-000011A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,106

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt 1 North to right on Broadway. Property will be on right.
  • Above Grade Finished Sq Ft: 1092.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1961
  • Attribution Contact: 207.517.3100
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1092.0
  • Property Information:SqFt Finished Below Grade: 1092.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Roof:Composition2: Yes
  • Style:Ranch: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Kitchen Countertop:Formica: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Finished, Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1092.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Pantry
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: SPOR-000034-000000-000011A
  • Zoning: RES-G

Tax Info

  • Tax Annual Amount: 3106.0
  • Tax Book Number: 33891
  • Tax Lot: 011A
  • Tax Map Number: 034
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Jun 1, 2020
Sold by
Smith Charlton S and Smith Mary M
Bought by
Cowan David and Cowan Shelby
Seller's Agent
Michael Hitz
Maine Home Connection
Buyer's Agent
Mike Bunting
Coldwell Banker Realty
List Price
$240,000
Sold Price
$240,000
Current Estimated Value
$467,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,954
Avg. Annual Appreciation
13.27%
Original Mortgage
$235,653
Outstanding Balance
$209,278
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$258,676

Purchase Details

Listed on
Feb 2, 2017
Closed on
Mar 21, 2017
Sold by
Desmjws Enterprises Llc
Bought by
Smith Charlton S and Smith Mary M
Seller's Agent
Deja Lett
Keller Williams Realty
Buyer's Agent
Melissa Milem
Keller Williams Realty
List Price
$225,000
Sold Price
$207,500
Premium/Discount to List
-$17,500
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jul 15, 2015
Sold by
Sanford David D
Bought by
Sanford David D and Sanford Wilson-Sanford M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cowan David -- None Available
Smith Charlton S -- --
Sanford David D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowan David $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2020 06/01/20 Sold $240,000 0.0% $110 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $240,000 +15.7% $110 / Sq Ft
03/17/2017 03/17/17 Sold $207,500 -7.8% $95 / Sq Ft View Prior Sale
03/03/2017 03/03/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $225,000 -- $103 / 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 $4,739 $359,000 $150,300 $208,700
2023 $3,952 $279,500 $99,200 $180,300
2022 $3,652 $234,700 $79,300 $155,400
2021 $3,450 $234,700 $79,300 $155,400
2020 $3,211 $162,600 $68,700 $93,900
2019 $3,428 $162,600 $68,700 $93,900
2018 $3,464 $191,100 $105,000 $86,100
2017 $3,440 $191,100 $105,000 $86,100
2016 $3,382 $191,100 $105,000 $86,100
2015 $3,325 $191,100 $105,000 $86,100
2014 -- $191,100 $105,000 $86,100
2013 -- $191,100 $105,000 $86,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Hitz

    Maine Home Connection

    Section Image
  • Mike Bunting

    Buyer's Agent in 2020

    Mike Bunting

    Coldwell Banker Realty

    (207) 838-0912

    73 Total Sales

    Mike Bunting
    Section Image
  • Deja Lett

    Seller's Agent in 2017

    Deja Lett

    Keller Williams Realty

    (207) 415-8204

    2 in this area

    175 Total Sales

    Deja Lett
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jules Radjavitch

    Keller Williams Realty

  • M

    Buyer's Agent in 2017

    Melissa Milem

    Keller Williams Realty

    (207) 329-6939

    71 Total Sales

    Melissa Milem
    Section Image
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Map

Source: Maine Listings

MLS Number: 1447470

Maine Listings

APN: 034 011 A

Maine Cumberland County South Portland 04106 Knightville

1040 Broadway, South Portland, ME

This home is located at 1040 Broadway, South Portland, ME 04106 since 30 March 2020 and is currently estimated at $467,954, approximately $214 per square foot. This property was built in 1961. 1040 Broadway is a home located in Cumberland County with nearby schools including James Otis Kaler Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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