NOT LISTED FOR SALE

Estimated Value: $888,000 - $1,347,000

8 Beds
4 Baths
3,729 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 17, 2016

Last sale price $553,800 $149 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,783/month

37 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • No HOA
  • Longfellow School-Portland Rated 10
  • 2 Fireplaces
  • Landscaped

About This Home

As of October 2016

This is a 3-unit, multi-family investment opportunity. The property is well-maintained and located in a great residential neighborhood, near schools and downtown. The property offers an abundance of parking, up to 15 vehicles. The property has been recently renovated and includes a new kitchen and bathroom; all appliances have also been upgraded and are included with the property. Tenants are responsible for all utilities, with the exception of water, sewer and snow-plowing. One (1) year lease is in place.

Last Agent to Sell the Property

Tyler Hobbs

The Boulos Company Listed on: 07/22/2016

Last Buyer's Agent

Tom Landry

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,695

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,729 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Flooring

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 22-29 / F
  • Assessor Parcel Number PTLD-000131-000000-F022001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,695

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: N/A
  • Above Grade Finished Sq Ft: 3729.0
  • Architectural Style: Multi-Level, New Englander
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:SqFt Finished Above Grade: 3729.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Water Heater:Tank: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: PTLD-000131-000000-F022001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7695.0
  • Tax Block: F
  • Tax Book Number: 31995
  • Tax Lot: 22-29
  • Tax Map Number: 131
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 18, 2016
Sold by
124 Glenwood Llc
Bought by
Fader Janet B and Robb Andrew B
Seller's Agent
Tyler Hobbs
The Boulos Company
Buyer's Agent
Tom Landry
Benchmark Real Estate
List Price
$550,000
Sold Price
$553,800
Premium/Discount to List
$3,800
0.69%
Current Estimated Value
$1,111,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,304
Avg. Annual Appreciation
7.77%
Original Mortgage
$415,350
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2014
Sold by
Loring Thomas J and Bates Elliot P
Bought by
124 Glenwood Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2014
Sold by
Capelluti Joseph H and Capelluti Vanessa W
Bought by
Loring Thomas J and Bates Elliot P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
4.13%
Mortgage Type
New Conventional
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
Fader Janet B -- --
124 Glenwood Llc -- --
Loring Thomas J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fader Janet B $100,000
Open Fader Janet B $395,000
Closed Fader Janet B $396,000
Closed Fader Janet B $415,350
Previous Owner 124 Glenwood Llc $10,000
Previous Owner Loring Thomas J $311,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2016 10/17/16 Sold $553,800 +0.7% $149 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $550,000 -- $147 / 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 $10,352 $689,700 $94,100 $595,600
2023 $9,939 $689,700 $94,100 $595,600
2022 $9,387 $689,700 $94,100 $595,600
2021 $8,959 $689,700 $94,100 $595,600
2020 $8,695 $373,000 $88,600 $284,400
2019 $8,695 $373,000 $88,600 $284,400
2018 $8,385 $373,000 $88,600 $284,400
2017 $8,075 $373,000 $88,600 $284,400
2016 $7,874 $373,000 $88,600 $284,400
2015 $7,695 $373,000 $88,600 $284,400
2014 $7,460 $373,000 $88,600 $284,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1275560

Maine Listings

APN: PTLD-000131-000000-F022001