NOT LISTED FOR SALE

112 Read St Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $492,752

3 Beds
1.5 Baths
1,413 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $196,500 $139 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,083/month

146 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • Main Floor Bedroom
  • Cape Cod Architecture
  • Wood Flooring
  • No HOA

About This Home

As of August 2014

Sunny, south facing Cape full of light & character. Solid 1940's construction w/hardwood floors & eat-in kitchen. Updated interior, new windows, finished basement & garage. Great yard & patio for summer fun! Close to Back Cove & Payson Park.

Last Agent to Sell the Property

David Marsden

RE/MAX By The Bay Listed on: 01/29/2014

Last Buyer's Agent

Anne McPheeters

OceanView Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped
  • Property is zoned R3

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor

Parking

  • Detached Garage
  • Driveway

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • Property is near public transit

Utilities

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

Community Details

  • No Home Owners Association
  • Back Cove Area Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / F
  • Assessor Parcel Number 112Read StreetPortland141F25

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Subdivision Name: Back Cove Area
  • Directions: Rt. 9/Ocean Ave. to Cheverus School Area. Turn onto Read St. @ the light. Look for #112 on the left while headed towards Forest Ave.
  • Above Grade Finished Sq Ft: 1213.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1941
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1213.0
  • Property Information:SqFt Finished Below Grade: 200.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Recreational Water:Nearby: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Family Room:Family Room: Yes
  • Transportation:Public Transport Access: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dishwasher
  • Has Basement: Finished, Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 200.0
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Air
  • 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: 5227.2
  • Parcel #: 112Read StreetPortland141F25
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 3306.0
  • Tax Block: F
  • Tax Book Number: 25186
  • Tax Lot: 25
  • Tax Map Number: 141
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2014
Closed on
Sep 4, 2014
Sold by
Marett Matthew W
Bought by
Marshall Sarah and Marett Matthew W
Seller's Agent
David Marsden
RE/MAX By The Bay
Buyer's Agent
Anne McPheeters
OceanView Properties
List Price
$215,000
Sold Price
$196,500
Premium/Discount to List
-$18,500
-8.6%
Current Estimated Value
$492,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,252
Avg. Annual Appreciation
8.95%
Original Mortgage
$196,600
Outstanding Balance
$150,944
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$352,428

Purchase Details

Listed on
Jan 29, 2014
Closed on
Aug 22, 2014
Sold by
Miller Thomas A and Miller Heather M
Bought by
Marett Matthew W
Seller's Agent
David Marsden
RE/MAX By The Bay
Buyer's Agent
Anne McPheeters
OceanView Properties
List Price
$215,000
Sold Price
$196,500
Premium/Discount to List
-$18,500
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,600
Outstanding Balance
$150,944
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$352,428

Purchase Details

Closed on
Jun 12, 2007
Sold by
Hale William J and Hale Romona M
Bought by
Miller Thomas A and Miller Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
6.17%
Mortgage Type
Unknown
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
Marshall Sarah -- --
Marett Matthew W -- --
Miller Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marett Matthew W $196,600
Previous Owner Miller Thomas A $208,500
Previous Owner Hale Romona M $62,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $196,500 -8.6% $139 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $215,000 -- $152 / 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 $4,348 $289,700 $63,200 $226,500
2023 $4,175 $289,700 $63,200 $226,500
2022 $3,943 $289,700 $63,200 $226,500
2021 $3,763 $289,700 $63,200 $226,500
2020 $3,970 $170,300 $63,200 $107,100
2019 $3,970 $170,300 $63,200 $107,100
2018 $3,687 $170,300 $63,200 $107,100
2017 $3,687 $170,300 $63,200 $107,100
2016 $3,595 $170,300 $63,200 $107,100
2015 $3,513 $170,300 $63,200 $107,100
2014 $3,406 $170,300 $63,200 $107,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Marsden

    RE/MAX

    Section Image
  • Anne McPheeters

    Buyer's Agent in 2014

    Anne McPheeters

    OceanView Properties

    (207) 282-1732

    78 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1121311

Maine Listings

APN: PTLD-000141-000000-F025001

Maine Cumberland County Portland 04103 Back Cove

112 Read St, Portland, ME

This home is located at 112 Read St, Portland, ME 04103 since 29 January 2014 and is currently priced at $492,752, approximately $348 per square foot. This property was built in 1941. 112 Read St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and St. Brigid School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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