NOT LISTED FOR SALE

112 Summit St Portland, ME 04103

North Deering Neighborhood

Estimated Value: $689,000 - $841,000

0.6 Acre
$1,247,955 Price per Acre
26,136 Sq Ft Lot

Last Sold July 27, 2017

Last sale price $92,500

Est. 650% increase in value since last sale

Current estimated payment $4,415/month

79 Days on Market

Highlights

  • 0.6 Acre Lot
  • No HOA
  • 3-minute walk to Oat Nuts Park Trail
  • Wooded Lot

About This Lot

As of July 2017

One of the last opportunities to build in North Deering! .6 acres buildable lot, wooded for privacy from neighbors. Close to schools, shopping and major highways. Summit nature trails across the street.

Last Agent to Sell the Property

Nicholas Dambrie

Keller Williams Realty Brokerage Phone: 207-553-2400 Listed on: 03/28/2017

Keller Williams Realty

Last Buyer's Agent

David Willis

Willis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,600

Lot Details

  • 0.6 Acre Lot
  • Wooded Lot
  • Property is zoned R2

Parking

  • No Driveway

Utilities

  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number PTLD-000378-000000-A001001

Property Details

Property Type

Land

Est. Annual Taxes

$7,600

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.6
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Allen Ave or Auburn Street, turn onto Summit Street. Lot located between 112 and 120 Summit Street.
  • Attribution Contact: 207-553-2400
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.6
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Gas:No Gas: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Utility Info Electric On Site: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Near Town, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: PTLD-000378-000000-A001001
  • Zoning: R2

Tax Info

  • Tax Book Number: 32639
  • Tax Lot: 1
  • Tax Map Number: 378
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jul 31, 2017
Sold by
Dambrie Nicholas and Dambrie Fred J
Bought by
Optimum Holdings Llc
Seller's Agent
Nicholas Dambrie
Keller Williams Realty
Buyer's Agent
David Willis
Willis Real Estate
List Price
$90,000
Sold Price
$92,500
Premium/Discount to List
$2,500
2.78%
Current Estimated Value
$694,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,593
Avg. Annual Appreciation
27.87%
Original Mortgage
$350,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Optimum Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dambrie Nicholas $550,000
Closed Optimum Holdings Llc $350,000
Previous Owner Dambrie Nicholas $344,000
Previous Owner Dambrie Nicholas $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2017 07/27/17 Sold $92,500 +2.8% --
06/16/2017 06/16/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $90,000 -- --
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 $7,600 $506,300 $101,300 $405,000
2023 $7,296 $506,300 $101,300 $405,000
2022 $6,891 $506,300 $101,300 $405,000
2021 $6,577 $506,300 $101,300 $405,000
2020 $6,646 $285,100 $107,500 $177,600
2019 $6,646 $285,100 $107,500 $177,600
2018 $0 $285,100 $107,500 $177,600
2017 $6,655 $307,400 $129,800 $177,600
2016 $6,489 $307,400 $129,800 $177,600
2015 $5,958 $288,800 $129,800 $159,000
2014 $5,776 $288,800 $129,800 $159,000
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Dambrie

    Seller's Agent in 2017

    Nicholas Dambrie

    Keller Williams Realty

    (207) 318-5451

    5 in this area

    172 Total Sales

    Section Image

  • D

    Buyer's Agent in 2017

    David Willis

    Willis Real Estate

    (207) 839-3390

    1 in this area

    153 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1299460

Maine Listings

APN: PTLD-000378-000000-A001001

Maine Cumberland County Portland 04103 North Deering

112 Summit St, Portland, ME

This home is located at 112 Summit St, Portland, ME 04103 since 28 March 2017 and is currently estimated at $748,773. 112 Summit St is a home located in Cumberland County with nearby schools including Harrison Lyseth Elementary School, Lyman Moore Middle School, and St. Brigid School.

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