NOT LISTED FOR SALE

Estimated Value: $590,930 - $817,000

3 Beds
3 Baths
2,764 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $455,000 $165 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,341/month

64 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • Main Floor Bedroom
  • Country Club
  • Wood Flooring
  • No HOA

About This Home

As of February 2021

MOTIVATED SELLER-PRICE REDUCED!!! GREAT INVESTMENT OPPORTUNITY The lovely 2 Unit building was built in 1900. The entire building has been renovated at different times since this was owned by the present owner. The building consists of 2 Two Bedroom units. The backyard is very private and backs up to city owned wooded property. Adorable potting shed and covered back patio waiting for its' new owner(s) to move in. Call listing broker to arrange your private tour TODAY.

Last Agent to Sell the Property

David Jones

F.O. Bailey Real Estate Listed on: 10/24/2020

Last Buyer's Agent

Bennett Wade

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,429

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Land Lease

Home Design

  • 2,764 Sq Ft Home
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Fiberglass Roof
  • Wood Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms

Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Doors are 32 inches wide or more
  • Nearby Water Access

Listing and Financial Details

  • Assessor Parcel Number PTLD-000342-000000-B016001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,429

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Enter 124 Allen Avenue, Portland, ME 04103 in your GPS
  • Above Grade Finished Sq Ft: 2764.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: Yes
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2764.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 15600.0
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Location:Near Country Club: Yes
  • Utility Info Electric On Site: Yes
  • Roof:Fiberglass: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Dirt Floor, Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Fiberglass, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 7405.2
  • Parcel #: PTLD-000342-000000-B016001
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0

Tax Info

  • Tax Annual Amount: 6429.0
  • Tax Block: 0
  • Tax Book Number: 25838
  • Tax Lot: 0
  • Tax Map Number: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Feb 11, 2021
Sold by
Woodward Loralyn M
Bought by
Nazu Isaae B and Lukombo Gina E
Seller's Agent
David Jones
F.O. Bailey Real Estate
Buyer's Agent
Bennett Wade
Keller Williams Realty
List Price
$489,000
Sold Price
$455,000
Premium/Discount to List
-$34,000
-6.95%
Total Days on Market
64
Current Estimated Value
$705,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,733
Avg. Annual Appreciation
10.33%
Original Mortgage
$446,758
Outstanding Balance
$403,793
Interest Rate
2.65%
Mortgage Type
FHA
Estimated Equity
$288,588

Purchase Details

Closed on
Nov 24, 2017
Sold by
Woodward Loralyn M
Bought by
Woodward Loralyn M

Purchase Details

Closed on
Feb 25, 2008
Sold by
Rabine Jillaine C and Rabine Timothy J
Bought by
Woodward Loralyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.9%
Mortgage Type
Unknown
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
Nazu Isaae B -- None Available
Nazu Isaae B -- None Available
Woodward Loralyn M -- --
Woodward Loralyn M -- --
Woodward Loralyn M $1,001 --
Woodward Loralyn M $1,001 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazu Isaae B $446,758
Closed Nazu Isaae B $446,758
Previous Owner Woodward Loralyn M $160,475
Previous Owner Woodward Loralyn M $50,000
Previous Owner Woodward Loralyn M $115,000
Previous Owner Rabine Jillaine C $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $455,000 -7.0% $165 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
10/24/2020 10/24/20 For Sale $489,000 -- $177 / 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 $7,152 $476,500 $57,200 $419,300
2023 $6,866 $476,500 $57,200 $419,300
2022 $6,485 $476,500 $57,200 $419,300
2021 $6,190 $476,500 $57,200 $419,300
2020 $6,429 $275,800 $67,200 $208,600
2019 $6,429 $275,800 $67,200 $208,600
2018 $5,462 $274,200 $67,200 $207,000
2017 $5,869 $271,100 $66,100 $205,000
2016 $5,723 $271,100 $66,100 $205,000
2015 $5,593 $271,100 $66,100 $205,000
2014 $5,422 $271,100 $66,100 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1474023

Maine Listings

APN: PTLD-000342-000000-B016001