NOT LISTED FOR SALE

Estimated Value: $880,000 - $1,537,172

4 Beds
3 Baths
2,784 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,100,000 $395 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,105/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Home Security System
  • Corner Lot
  • Porch
  • 3-minute walk to McIntyre Park

About This Home

As of May 2021

This meticulously maintained West End 3-unit is a rare find: a turn-key multi-family on the Portland peninsula that can work for an investor or an owner who wants to live downtown. Walkable to the arts district, downtown and the Old Port, the location can't be beat. The rental rates shown ($2,200, $1,800, $2,300) are actual and tenants are excellent. Experienced owners understand the value of purchasing an impeccably managed and maintained property. Please review the list of property details to preview the level of attention that has been paid by the 35 year owner.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 02/25/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Will Van Wickler

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,760

Year Built

  • Built in 1884

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 2,784 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Home Security System

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • Driveway
  • Paved Parking
  • Off-Site Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot D-36
  • Assessor Parcel Number PTLD-000057-D000036-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $13,000
  • Gross Income $75,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,760

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2784.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1884
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2784.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: 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:Security System: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 75600.0
  • Income Expenses Operating Expenses: 13000.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Parking:Off Site: Yes
  • Exterior:Asbestos: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile, Carpet

Exterior Features

  • Lot Features: Corner Lot, Level, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Asbestos, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Site

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • 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: 3049.2
  • Parcel #: PTLD-000057-D000036-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 75600.0
  • Annual Operating Expense: 13000.0

Tax Info

  • Tax Annual Amount: 6760.0
  • Tax Book Number: 17213
  • Tax Lot: D-36
  • Tax Map Number: 57
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
May 10, 2021
Sold by
Resnisky Edward J
Bought by
Saydah Mark
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Will Van Wickler
Keller Williams Realty
List Price
$1,085,000
Sold Price
$1,100,000
Premium/Discount to List
$15,000
1.38%
Current Estimated Value
$1,149,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,293
Avg. Annual Appreciation
-1.56%
Original Mortgage
$770,000
Outstanding Balance
$705,182
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$322,715
Source: Public Records

Range of Values:

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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
Saydah Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saydah Mark $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $1,100,000 +1.4% $395 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $1,085,000 -- $390 / 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 $10,262 $683,700 $281,100 $402,600
2023 $9,852 $683,700 $281,100 $402,600
2022 $9,305 $683,700 $281,100 $402,600
2021 $8,881 $683,700 $281,100 $402,600
2020 $6,760 $290,000 $113,300 $176,700
2019 $6,760 $290,000 $113,300 $176,700
2018 $6,279 $290,000 $113,300 $176,700
2017 $6,279 $290,000 $113,300 $176,700
2016 $6,122 $290,000 $113,300 $176,700
2015 $5,983 $290,000 $113,300 $176,700
2014 $5,800 $290,000 $113,300 $176,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482878

Maine Listings

APN: PTLD-000057-000000-D036001