NOT LISTED FOR SALE

1312 Forest Ave Portland, ME 04103

Riverton Neighborhood

Estimated Value: $495,401 - $729,000

4 Beds
2 Baths
1,565 Sq Ft
$359/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $365,000 $233 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,538/month

68 Days on Market

Highlights

  • New Englander Architecture
  • Level Lot
  • Heating System Uses Natural Gas
  • No HOA
  • Carpet

About This Home

As of July 2021

Charming two unit available on outer Forest Avenue in Portland, Maine. Unit one has two bedrooms, one bath and a private deck located off the back. Unit two is also a two bedroom with one bath and its own private deck. Both units have energy efficient Rinnai gas heaters and washer/dryer hookups. Plenty of off street parking is available with two spaces per unit. Just a short walk away from local amenities and within five minutes from the interstate. Add to your portfolio with MLS#1487618 as a combined listing under MLS#1487616!

Last Agent to Sell the Property

Derek Goff Joseph Tomazin

Signature Homes Real Estate Group, LLC Listed on: 06/18/2021

Last Buyer's Agent

Melanie Mauro

The Boulos Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot

Home Design

  • 1,565 Sq Ft Home
  • Duplex
  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • 2 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number PTLD-000292-D000015-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,333
  • Gross Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,617

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Heading north on Forest Ave, right past the Warren Ave intersection. Property will be on the left. GPS friendly.
  • Above Grade Finished Sq Ft: 1565.0
  • Architectural Style: Duplex, New Englander
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1565.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 24600.0
  • Income Expenses Operating Expenses: 11333.0
  • Style:Duplex: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: PTLD-000292-D000015-000001
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24600.0
  • Annual Operating Expense: 11333.0

Tax Info

  • Tax Annual Amount: 3617.0
  • Tax Book Number: 34786
  • Tax Lot: 015
  • Tax Map Number: 292
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 30, 2021
Sold by
Grace & Th Llc
Bought by
Johannen Henry J
Seller's Agent
Derek Goff Joseph Tomazin
Signature Homes Real Estate Group, LLC
Buyer's Agent
Melanie Mauro
The Boulos Company
List Price
$399,000
Sold Price
$365,000
Premium/Discount to List
-$34,000
-8.52%
Total Days on Market
68
Current Estimated Value
$562,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,350
Avg. Annual Appreciation
12.99%
Original Mortgage
$358,388
Outstanding Balance
$332,268
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$251,798

Purchase Details

Closed on
Apr 19, 2018
Sold by
Higgins Lucas
Bought by
Grace & Truth Llc

Purchase Details

Closed on
Dec 29, 2017
Sold by
Roberg Diona M
Bought by
Higgins Lucas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 30, 2013
Closed on
Oct 22, 2015
Sold by
Forest Ave Holdings Llc
Bought by
Roberg Diona M
Seller's Agent
Jay Sparrow
Allied Real Estate
Buyer's Agent
Ilyse Sandler
Keller Williams Realty
List Price
$209,000
Sold Price
$144,000
Premium/Discount to List
-$65,000
-31.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$147,096
Interest Rate
3.9%
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
Johannen Henry J -- None Available
Grace & Truth Llc -- --
Higgins Lucas M -- --
Roberg Diona M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johannen Henry J $9,134
Open Johannen Henry J $358,388
Previous Owner Higgins Lucas M $168,000
Previous Owner Roberg Diona M $147,096
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $365,000 -8.5% $233 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $399,000 +177.1% $255 / Sq Ft
10/21/2015 10/21/15 Sold $144,000 -31.1% $29 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
01/02/2014 01/02/14 For Sale $209,000 -- $43 / 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 $4,577 $304,900 $54,400 $250,500
2023 $4,394 $304,900 $54,400 $250,500
2022 $4,150 $304,900 $54,400 $250,500
2021 $3,961 $304,900 $54,400 $250,500
2020 $3,618 $155,200 $60,400 $94,800
2019 $3,618 $155,200 $60,400 $94,800
2018 $3,360 $155,200 $60,400 $94,800
2017 $3,360 $155,200 $60,400 $94,800
2016 $3,276 $155,200 $60,400 $94,800
Source: Public Records

Agents Affiliated with this Home

  • Derek Goff Joseph Tomazin

    Seller's Agent in 2021

    Derek Goff Joseph Tomazin

    Signature Homes Real Estate Group, LLC

    (207) 542-7563

    4 in this area

    243 Total Sales

    Derek Goff Joseph Tomazin
    Section Image

  • M

    Buyer's Agent in 2021

    Melanie Mauro

    The Boulos Company

  • M

    Buyer's Agent in 2021

    Melanie Crane

    Keller Williams Realty

  • Jay Sparrow

    Seller's Agent in 2015

    Jay Sparrow

    Allied Real Estate

    (207) 756-5779

    29 Total Sales

    Jay Sparrow
    Section Image

  • I

    Buyer's Agent in 2015

    Ilyse Sandler

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1487617

Maine Listings

APN: PTLD-000292-000000-D015001

Maine Cumberland County Portland 04103 Riverton

1312 Forest Ave, Portland, ME

This home is located at 1312 Forest Ave, Portland, ME 04103 since 18 June 2021 and is currently estimated at $562,350, approximately $359 per square foot. This property was built in 1920. 1312 Forest Ave is a home located in Cumberland County with nearby schools including Gerald E. Talbot Community School, Lincoln Middle School, and St. Brigid School.

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.

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