NOT LISTED FOR SALE

Estimated Value: $820,000 - $1,178,894

6 Beds
3.5 Baths
4,356 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $750,000 $172 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,134/month

5 Days on Market

Highlights

  • Nearby Water Access
  • 0.31 Acre Lot
  • Corner Lot
  • Public Beach
  • Wood Flooring
  • No HOA

About This Home

As of April 2021

Very nice 3 unit in a desirable and convenient location. Two Large 2 bedroom-1 bath units and One Large 2 bedroom-1.5 bath unit, with separate utilities for all. Each unit has a large dining room, living room, bonus room and balcony, with many upgrades added. Well maintained, with strong rental history and cashflow. Huge lot and yard with the ability to possibly expand to 4 units. Ample off street parking. Short walk to dinner at Veranda Thai, Other Side Market or the Other Side Diner! Back Bay, Mackworth and Munjoy Hill are also a short bike ride away! Great opportunity for an investor or owner occupant. Condo and roof-deck potential.

Last Agent to Sell the Property

Edward Dickhaut IV

Maine Custom Realty Listed on: 02/23/2021

Last Buyer's Agent

Nicholas Guerrette

RE/MAX Shoreline

RE/MAX Shoreline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,336

Year Built

  • Built in 1911

Lot Details

  • 0.31 Acre Lot
  • Public Beach
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 4,356 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot a-3-4-5
  • Assessor Parcel Number PTLD-000431-A000003-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,354
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,336

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Washington Ave to North on Veranda to nunber 115 on Right
  • Above Grade Finished Sq Ft: 4356.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.31
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 4356.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: 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
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 57600.0
  • Income Expenses Operating Expenses: 14354.36
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat System:Direct Vent Heater: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Heater
  • 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: 13503.6
  • Parcel #: PTLD-000431-A000003-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 57600.0
  • Annual Operating Expense: 14354.36

Tax Info

  • Tax Annual Amount: 8336.0
  • Tax Book Number: 35983
  • Tax Lot: a-3-4-5
  • Tax Map Number: 431
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 2, 2021
Sold by
Brown Kristian
Bought by
Mancini Michael G
Seller's Agent
Edward Dickhaut IV
Maine Custom Realty
Buyer's Agent
Nicholas Guerrette
RE/MAX Shoreline
List Price
$810,000
Sold Price
$750,000
Premium/Discount to List
-$60,000
-7.41%
Current Estimated Value
$976,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,724
Avg. Annual Appreciation
3.59%
Original Mortgage
$562,500
Outstanding Balance
$509,597
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,892

Purchase Details

Closed on
Sep 9, 2019
Sold by
Brown Stephanie
Bought by
Brown Kristian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jun 22, 2017
Sold by
Corcoran Timothy
Bought by
Brown Stephanie and Brown Kristian
Seller's Agent
Michael Cobb
Cardente Real Estate, LLC
Buyer's Agent
Amy Tarbox
RE/MAX By The Bay
List Price
$525,000
Sold Price
$486,000
Premium/Discount to List
-$39,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$362,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Pelletier Robert M and Pelletier Anne B
Bought by
Corcoran Timothy
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
Mancini Michael G -- None Available
Brown Kristian -- Stewart Title Guaranty Compa
Brown Stephanie -- --
Corcoran Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancini Michael G $562,500
Previous Owner Brown Kristian $405,000
Previous Owner Brown Stephanie $362,250
Previous Owner Corcoran Timothy $224,890
Previous Owner Pelletier Robert M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $750,000 -7.4% $172 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $810,000 +66.7% $186 / Sq Ft
06/15/2017 06/15/17 Sold $486,000 -7.4% $112 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
10/14/2016 10/14/16 For Sale $525,000 -- $121 / 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 $9,866 $657,300 $68,900 $588,400
2023 $9,472 $657,300 $68,900 $588,400
2022 $8,946 $657,300 $68,900 $588,400
2021 $8,538 $657,300 $68,900 $588,400
2020 $8,336 $357,600 $68,900 $288,700
2019 $8,336 $357,600 $68,900 $288,700
2018 $7,742 $357,600 $68,900 $288,700
2017 $7,742 $357,600 $68,900 $288,700
2016 $7,549 $357,600 $68,900 $288,700
2015 $7,377 $357,600 $68,900 $288,700
2014 $7,152 $357,600 $68,900 $288,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482700

Maine Listings

APN: PTLD-000431-000000-A003001