NOT LISTED FOR SALE

112 Read St Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $474,000 - $609,000

3 Beds
1.5 Baths
1,413 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 21, 2014

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

Est. 165% increase in value since last sale

Current estimated payment $3,101/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
  • Contract Information:List PriceSqFt: 139.07
  • 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 Lot: 25
  • 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
$520,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,326
Avg. Annual Appreciation
9.01%
Original Mortgage
$196,600
Outstanding Balance
$150,075
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$370,751

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
$150,075
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$370,751

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    1 in this area

    72 Total Sales

    Anne McPheeters
    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

Not Listed for Sale

Detached

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