NOT LISTED FOR SALE

12 Clifton St Portland, ME 04101

Back Cove Neighborhood

Estimated Value: $949,807 - $1,123,000

8 Beds
3 Baths
3,608 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $615,000 $170 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,525/month

Highlights

  • Wood Flooring
  • No HOA
  • High-Efficiency Water Heater
  • Victorian Architecture
  • Storm Windows
  • Landscaped

About This Home

As of October 2018

This Back Cove multi-family, is a legal 3 unit with strong rental income. Large, charming barn provides a unique addition to this spacious multi-family.

Last Agent to Sell the Property

Patrick Kenney

Portside Real Estate Group Listed on: 09/21/2018

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,315

Year Built

  • Built in 1894

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3 Full Bathrooms
  • 3,608 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Water Not Available
  • High-Efficiency Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number PTLD-000125-000000-O003001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Back Cove Subdivision

Building Details

  • Operating Expense $21,000
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,315

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • MLS Status: Closed
  • Subdivision Name: Back Cove
  • Directions: West on Forest Ave.; Right onto Clifton Street
  • Above Grade Finished Sq Ft: 3608.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: Yes
  • Efficiency: Storm Windows, Storm Doors, High Efficiency Water Heater, Energy Star Appliances, Ceiling Fans
  • Building Stories: 3
  • Year Built: 1894
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3608.0
  • Property Information:Garage: 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 68400.0
  • Income Expenses Operating Expenses: 21000.0
  • Style:Multi-Level: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Heat System:Radiator: Yes
  • Water Heater:Heat Pump2: Yes
  • Energy Efficiency:Energy Star Appliances: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

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

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: PTLD-000125-000000-O003001
  • Zoning: B2B & R-3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 68400.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 8315.0
  • Tax Block: 0
  • Tax Book Number: 32476
  • Tax Lot: 3
  • Tax Map Number: 125
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 19, 2018
Sold by
Kenney Patrick R and Kenney Julianna C
Bought by
Leadingej Investments Llc
Seller's Agent
Patrick Kenney
Portside Real Estate Group
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$615,000
Sold Price
$615,000
Current Estimated Value
$1,061,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,952
Avg. Annual Appreciation
8.97%
Original Mortgage
$398,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Burns Mark B
Bought by
Kenney Patrick R and Kenney Julianna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,643
Interest Rate
3.97%
Mortgage Type
FHA
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
Leadingej Investments Llc -- --
Kenney Patrick R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leadingej Investments Llc $625,000
Closed Ej Investment Llc $460,000
Closed Leadingej Investments Llc $450,000
Closed Leadingej Investments Llc $398,000
Previous Owner Kenney Patrick R $68,000
Previous Owner Kenney Patrick R $371,643
Previous Owner Burns Mark B $267,750
Previous Owner Burns Mark B $275,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $615,000 0.0% $170 / Sq Ft
09/21/2018 09/21/18 For Sale $615,000 -- $170 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
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 $10,668 $710,700 $151,400 $559,300
2023 $10,241 $710,700 $151,400 $559,300
2022 $9,673 $710,700 $151,400 $559,300
2021 $9,232 $710,700 $151,400 $559,300
2020 $8,622 $369,900 $114,900 $255,000
2019 $8,622 $369,900 $114,900 $255,000
2018 $8,315 $369,900 $114,900 $255,000
2017 $8,008 $369,900 $114,900 $255,000
2016 $7,809 $369,900 $114,900 $255,000
2015 $7,631 $369,900 $114,900 $255,000
2014 -- $369,900 $114,900 $255,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patrick Kenney

    Portside Real Estate Group

  • N

    Buyer's Agent in 2018

    NON-MREIS AGENT

    Non MREIS Agency

See All Agents

Map

Source: Maine Listings

MLS Number: 1370627

Maine Listings

APN: PTLD-000125-000000-O003001

Maine Cumberland County Portland 04101 Back Cove

12 Clifton St, Portland, ME

This home is located at 12 Clifton St, Portland, ME 04101 since 21 September 2018 and is currently estimated at $1,061,952, approximately $294 per square foot. This property was built in 1894. 12 Clifton St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and Baxter Academy for Tech & Sciences.

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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