NOT LISTED FOR SALE

116 Sherwood St Portland, ME 04103

East Deering Neighborhood

Estimated Value: $725,000 - $938,000

6 Beds
3 Baths
2,424 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $435,000 $179 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,217/month

1 Day on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Zoned Heating System
  • Wood Flooring
  • Double Pane Windows
  • Baseboard Heating

About This Home

As of October 2018

This large quality 3 family in great location with walk-ability to Back Bay and quick access to 295. Units feature great living spaces with ample size, refinished hardwood flooring, updated kitchens and expansion possibility in garage. Units have separate natural gas heat and electric. Great owner occupy/investment with Union Bagel's new location, Beals Ice Cream and Veranda Thai a few paces away. Showings begin at open house Friday September 14th from 2PM-3PM and Saturday 15th 12-1PM.

Last Agent to Sell the Property

Sydney Harrison

Bean Group Listed on: 09/13/2018

Co-Listed By

Derek Theriault

Bean Group

Last Buyer's Agent

Susan Kendeigh

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,424 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 18 / B
  • Assessor Parcel Number PTLD-000429-000000-B005001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,510

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: 2741
  • Co List Office Phone: 207-781-3400
  • MLS Status: Closed
  • Directions: Veranda to Sherwood
  • Above Grade Finished Sq Ft: 2424.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2424.0
  • Property Information:Garage: Yes
  • Site:Level: 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Utility Info Electric On Site: Yes
  • Water Heater:Heat Pump2: Yes
  • Heat System:Space Heater: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Multi-Zones, Hot Water, Forced Air, Baseboard, Hot Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: PTLD-000429-000000-B005001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5510.0
  • Tax Block: B
  • Tax Book Number: 32032
  • Tax Lot: 18
  • Tax Map Number: 429
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 12, 2018
Sold by
116 Sherwood Llc
Bought by
Loxley Llc
Seller's Agent
Sydney Harrison
Bean Group
Buyer's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Current Estimated Value
$846,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,947
Avg. Annual Appreciation
9.58%
Original Mortgage
$300,000
Outstanding Balance
$266,379
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$553,625

Purchase Details

Closed on
Jan 15, 2015
Sold by
Harrison Properties Llc
Bought by
116 Sherwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 26, 2013
Sold by
Harrison Sydney O
Bought by
Harrison Properties Llc

Purchase Details

Closed on
May 27, 2008
Sold by
Lumb Heather
Bought by
Lumb Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 21, 2008
Sold by
Ernst James
Bought by
Ernst Heather
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
Loxley Llc -- --
116 Sherwood Llc -- --
Harrison Properties Llc -- --
Lumb Heather -- --
Ernst Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loxley Llc $300,000
Closed 116 Sherwood Llc $386,000
Closed 116 Sherwood Llc $107,000
Closed Harrison Stoney O $168,750
Closed Ernst Heather $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $435,000 -8.4% $179 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $475,000 +111.1% $196 / Sq Ft
06/28/2012 06/28/12 Sold $225,000 -10.0% $93 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $250,000 -- $103 / 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 $8,461 $563,700 $68,500 $495,200
2023 $8,123 $563,700 $68,500 $495,200
2022 $7,672 $563,700 $68,500 $495,200
2021 $7,322 $563,700 $68,500 $495,200
2020 $5,932 $254,500 $68,500 $186,000
2019 $5,932 $254,500 $68,500 $186,000
2018 $5,510 $254,500 $68,500 $186,000
2017 $5,510 $254,500 $68,500 $186,000
2016 $5,372 $254,500 $68,500 $186,000
2015 $5,250 $254,500 $68,500 $186,000
2014 $5,090 $254,500 $68,500 $186,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sydney Harrison

    Bean Group

  • D

    Seller Co-Listing Agent in 2018

    Derek Theriault

    Bean Group

  • S

    Buyer's Agent in 2018

    Susan Kendeigh

    Vitalius Real Estate Group, LLC

  • R

    Seller's Agent in 2012

    Ridge York

    RE/MAX

    Section Image

  • W

    Buyer's Agent in 2012

    William Pike

    Bean Group

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Map

Source: Maine Listings

MLS Number: 1369485

Maine Listings

APN: PTLD-000429-000000-B005001

Maine Cumberland County Portland 04103 East Deering

116 Sherwood St, Portland, ME

This home is located at 116 Sherwood St, Portland, ME 04103 since 13 September 2018 and is currently estimated at $846,947, approximately $349 per square foot. This property was built in 1920. 116 Sherwood St is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, and Friends School Of Portland.

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.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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