NOT LISTED FOR SALE

Estimated Value: $1,219,000 - $1,402,673

4 Beds
3 Baths
2,966 Sq Ft
$447/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $985,000 $332 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,142/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Property is near public transit
  • 2 Fireplaces
  • The property is located in a historic district
  • Wood Flooring
  • 4-minute walk to Congress Square Park

About This Home

As of April 2021

Well maintained West End 3-unit with 2 reserved off-street parking spots, within walking distance to many shops, restaurants, markets, parks, museums, and more. Excellent rental history. Unit 2 has a gas heat stove in the living room and its own private backyard patio with exclusive separate entrance. Most kitchen appliances, some cabinets and vanities have been updated. Mostly original hardwood floors throughout. The fireplaces in units 1 & 3 are aesthetic only. Located in the Spring Street Historic District (the John Frost Block II). Owner occupy with rental income or add another investment to your portfolio. Open for showings on Friday 2/26, 2-4pm and Saturday 2/27, 9:30-11:30am ONLY. Offers due Sunday 2/28 by 5:00pm.

Last Agent to Sell the Property

Ethan Morton

Gardner Real Estate Group Listed on: 02/25/2021

Last Buyer's Agent

Ethan Morton

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,623

Year Built

  • Built in 1840

Lot Details

  • 3,049 Sq Ft Lot
  • Landscaped

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Tar and Gravel Roof
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,966 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Patio

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Assessor Parcel Number PTLD-000045-A000012-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $8,226
  • Gross Income $78,000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,623

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: On the Portland Peninsula. Take Congress Street to Park Street. Turn right onto Spring Street. 139 Spring St is on the right.
  • Above Grade Finished Sq Ft: 2966.0
  • Architectural Style: Multi-Level, Townhouse
  • Garage Yn: No
  • Year Built: 1840
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2966.0
  • Property Information:Garage: No
  • 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 System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Water Heater:Tankless: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 78000.0
  • Income Expenses Operating Expenses: 8225.78
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Recreational Water:Nearby: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Style:Townhouse: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Roof:TarGravel: Yes
  • Parking Reserved2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: Bathtub, Pantry, Shower
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Historic District, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Brick, Masonry, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Patio
  • Roof: Membrane, Metal, Shingle, Tar/Gravel
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Radiator, Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: PTLD-000045-A000012-000001
  • Zoning: R6 Res DEOZ

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 78000.0
  • Annual Operating Expense: 8225.78

Tax Info

  • Tax Annual Amount: 7623.0
  • Tax Block: A
  • Tax Book Number: 29648
  • Tax Lot: 12
  • Tax Map Number: 45
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 16, 2021
Sold by
139 Spring Street Llc
Bought by
Morton Jennifer and Morton Robert D
Seller's Agent
Ethan Morton
Gardner Real Estate Group
Buyer's Agent
Ethan Morton
Keller Williams Realty
List Price
$850,000
Sold Price
$985,000
Premium/Discount to List
$135,000
15.88%
Current Estimated Value
$1,306,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,689
Avg. Annual Appreciation
5.72%
Original Mortgage
$738,750
Outstanding Balance
$674,183
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$578,581
Source: Public Records

Range of Values:

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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
Morton Jennifer -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morton Jennifer $738,750
Previous Owner 139 Spring Street $193,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $985,000 +15.9% $332 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $850,000 +119.4% $287 / Sq Ft
06/26/2012 06/26/12 Sold $387,500 -19.3% $131 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
06/07/2011 06/07/11 For Sale $479,900 -- $162 / 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 $11,852 $789,600 $280,500 $509,100
2023 $11,378 $789,600 $280,500 $509,100
2022 $10,746 $789,600 $280,500 $509,100
2021 $10,257 $789,600 $280,500 $509,100
2020 $7,622 $327,000 $141,300 $185,700
2019 $7,622 $327,000 $141,300 $185,700
2018 $7,080 $327,000 $141,300 $185,700
2017 $7,080 $327,000 $141,300 $185,700
2016 $6,903 $327,000 $141,300 $185,700
2015 $6,746 $327,000 $141,300 $185,700
2014 $6,540 $327,000 $141,300 $185,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482726

Maine Listings

APN: PTLD-000045-000000-A012001