NOT LISTED FOR SALE

130 Eastern Promenade Unit 1 Portland, ME 04101

East End Neighborhood

Estimated Value: $1,586,000 - $1,901,000

3 Beds
3 Baths
1,904 Sq Ft
$492/mo HOA Fee

Last Sold August 31, 2017

Last sale price $1,195,000 $628 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $11,142/month

7 Days on Market

Highlights

  • Beach Access
  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Public Beach
  • 0.17 Acre Lot
  • 3-minute walk to Eastern Promenade Park

About This Home

As of August 2017

New construction luxury condominium completed 2015 offering extraordinary panoramic views of the islands of Casco Bay from the Eastern Promenade. Only unit available, Unit 1 on the 1st floor is approx. 2,000 sf offering 3-4 bedrooms (including 2 en suites), 3 full baths, fireplace, and off street parking. Open floor plan features high level finishes including central AC and an oversized porch with access to the private yard or the street below. Healthy rental history. Some photos are of similar unit.

Last Agent to Sell the Property

Karen Reiche

LandVest, Inc. Listed on: 03/03/2017

Co-Listed By

Elizabeth Ducas

Waypoint Brokers Collective

Last Buyer's Agent

Sydney Harrison

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,381

Year Built

  • Built in 1915

Lot Details

  • Property Fronts a Bay or Harbor
  • Public Beach
  • Landscaped

HOA Fees

  • $492 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • Wood Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Unfinished Basement
  • Interior Basement Entry
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deep Water Access
  • Porch

Location

  • Suburban Location
  • City Lot

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Heated On Demand
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number PTLD-000003-000000-C001001

Community Details

Overview

  • 4 Units
  • 130 Eastern Promenade Condo. Assoc. Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,381

Year Built

Built in 1915

Lot Details

0

HOA Fees

$492 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Water Body Name: Casco
  • Co List Office Mls Id: 1475
  • Co List Office Phone: 207-774-8518
  • MLS Status: Closed
  • Subdivision Name: 130 Eastern Promenade Condo. Assoc.
  • Above Grade Finished Sq Ft: 1904.0
  • Architectural Style: Multi-Level, Victorian
  • Year Built: 1915
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1904.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 492.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 4
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Location:Suburban: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Appliances Included:Wall Oven: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Fiberglass: Yes
  • Recreational Water:Beach Rights: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Suburban
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Fiberglass
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 492.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: PTLD-000003-000000-C001001
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 15381.0
  • Tax Book Number: 30887
  • Tax Lot: 1
  • Tax Map Number: 3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Aug 31, 2017
Sold by
130 Easter Promenade Llc
Bought by
Ericksen John W
Seller's Agent
Karen Reiche
LandVest, Inc.
Buyer's Agent
Sydney Harrison
Bean Group
List Price
$1,195,000
Sold Price
$1,195,000
Current Estimated Value
$1,705,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,329
Avg. Annual Appreciation
3.67%
Original Mortgage
$695,000
Outstanding Balance
$579,770
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,017,924

Purchase Details

Closed on
Oct 9, 2015
Sold by
130 Eastern Promenade Llc
Bought by
William E Gillis Ret and Gillis William E

Purchase Details

Closed on
Nov 18, 2009
Sold by
Casco Bay Ventures
Bought by
Fish House Realty Llc
Source: Public Records

Range of Values:

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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
Ericksen John W -- --
William E Gillis Ret -- --
Fish House Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ericksen John W $695,000
Previous Owner 130 Eastern Promenade Llc $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $1,195,000 0.0% $628 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $1,195,000 -- $628 / 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 $18,772 $1,250,600 $250,120 $1,000,480
2023 $18,021 $1,250,600 $250,120 $1,000,480
2022 $17,021 $1,250,600 $250,120 $1,000,480
2021 $16,245 $1,250,600 $250,120 $1,000,480
2020 $16,984 $728,600 $145,700 $582,900
2019 $16,984 $728,600 $145,700 $582,900
2018 $16,379 $728,600 $145,700 $582,900
2017 $15,774 $728,600 $145,700 $582,900
2016 $22,147 $1,049,100 $209,800 $839,300
2015 $12,646 $613,000 $126,600 $486,400
2014 $12,260 $613,000 $126,600 $486,400
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Karen Reiche

    LandVest, Inc.

    (207) 874-6159

    54 Total Sales

    Karen Reiche
    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Elizabeth Ducas

    Waypoint Brokers Collective

    (207) 939-5095

    33 Total Sales

    Elizabeth Ducas
    Section Image

  • S

    Buyer's Agent in 2017

    Sydney Harrison

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1296704

Maine Listings

APN: PTLD-000003-000000-C001001

Maine Cumberland County Portland 04101 East End

130 Eastern Promenade Unit 1, Portland, ME

This home is located at 130 Eastern Promenade Unit 1, Portland, ME 04101 since 03 March 2017 and is currently estimated at $1,705,329, approximately $895 per square foot. This property was built in 1915. 130 Eastern Promenade Unit 1 is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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