NOT LISTED FOR SALE

Estimated Value: $828,000 - $1,052,000

4 Beds
2 Baths
3,152 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $800,000 $254 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,724/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Longfellow School-Portland Rated 10
  • Country Club
  • 4-minute walk to Presumpscot Park

About This Home

As of May 2021

Deering Center is Portland's 'Norman Rockwell' neighborhood. From the quiet tree lined streets, playgrounds and parks to the local shops and neighborhood center and slightly slower pace - life in a small city doesn't get better! Quality of place is complimented by quality of space in the remarkable 2 family at 11-13 Tremont. This circa 1900 home was built with attention to detail, has been lovingly maintained and enjoys many updates. Originally built as a duplex the units are well laid-out and generous. There is plenty of storage, ample closet space, well appointed kitchens and all the period detail you want from built-ins, wonderful moldings and gleaming hardwood floors. Each unit has a 'great-room' with a fireplace and both have expansion possibilities either in the attic or the basement. The rare 2 car garage and generous yard round out the picture of the near perfect multi. This is the ideal condo or single family alternative, a quality addition to the investment portfolio or an easy condo conversion. Tenants pay heat, hot water and electricity.

Last Agent to Sell the Property

Tom Landry

Benchmark Real Estate Listed on: 04/06/2021

Last Buyer's Agent

Paige Klein

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,053

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • 2 Fireplaces
  • Storm Doors
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 13 / G
  • Assessor Parcel Number 11-13tremontstreetportland04103

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Deering Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Building Details

  • Operating Expense $10,662
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,053

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Deering
  • Directions: Stevens Ave to Tremont St (close to Deering High and Lincoln Middle School)
  • Above Grade Finished Sq Ft: 2952.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Efficiency: Storm Doors
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 235.43
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2952.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 46200.0
  • Income Expenses Operating Expenses: 10662.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Country Club: Yes
  • Heat System:Radiator: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 200.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, One-Floor Living, Other, Pantry, Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Suburban, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Forced Air
  • 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: 6969.6
  • Parcel #: 11-13tremontstreetportland04103
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46200.0
  • Annual Operating Expense: 10662.0

Tax Info

  • Tax Annual Amount: 7053.0
  • Tax Block: G
  • Tax Lot: 13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2014
Sold by
Weldon Lisa A and Weldon Michael C
Bought by
Tremont Street T Llc
Current Estimated Value
$940,281

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 30, 2014
Sold by
Chapman Joanne M
Bought by
Weldon Lisa A and Weldon Michael C
Seller's Agent
Shawn Boulet
Green Tree Realty, LLC
Buyer's Agent
Tom Landry
Benchmark Real Estate
List Price
$399,500
Sold Price
$367,000
Premium/Discount to List
-$32,500
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$275,250
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Tremont Street T Llc -- --
Weldon Lisa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weldon Lisa A $275,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $800,000 +15.1% $254 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $695,000 +89.4% $220 / Sq Ft
09/29/2014 09/29/14 Sold $367,000 -8.1% $116 / Sq Ft View Prior Sale
08/09/2014 08/09/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $399,500 -- $127 / 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 $9,270 $617,600 $94,200 $523,400
2023 $8,900 $617,600 $94,200 $523,400
2022 $8,406 $617,600 $94,200 $523,400
2021 $7,803 $600,700 $94,200 $506,500
2020 $7,054 $302,600 $88,700 $213,900
2019 $7,054 $302,600 $88,700 $213,900
2018 $6,551 $302,600 $88,700 $213,900
2017 $6,551 $302,600 $88,700 $213,900
2016 $6,388 $302,600 $88,700 $213,900
2015 $6,243 $302,600 $88,700 $213,900
2014 $6,052 $302,600 $88,700 $213,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1486709

Maine Listings

APN: PTLD-000132-000000-G013001