NOT LISTED FOR SALE

Estimated Value: $1,222,400 - $1,640,000

6 Beds
6 Baths
3,969 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,100,000 $277 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,730/month

59 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • Wood Flooring
  • Property Fronts a Bay or Harbor
  • Property is near public transit
  • 2-minute walk to Peppermint Park

About This Home

As of January 2023

This unique opportunity is at the foot of Munjoy Hill. Each of the three units is two bedrooms and two full bathrooms with alluring floor-plans, wood floors, updated bathrooms, modern kitchens, and some charming original features. This gem of a property has been renovated and updated, turnkey at its finest. Discerning tenants will be able to walk to breweries, coffee shops, restaurants, and the Eastern Promenade. The units are bright and spacious making it potentially a great owner occupied investment! Off street parking, a small yard, separate utilities, full basement, electric car hook-up, and duel entrances to each unit round out the incredible opportunity you have at this property. It's a must see delight. This property is PRE-INSPECTED. Shown by Appointment only.

Last Agent to Sell the Property

Alicia Goodwin

Keller Williams Coastal and Lakes & Mountains Realty Listed on: 12/09/2022

Co-Listed By

Melissa Magdziasz

Keller Williams Coastal and Lakes & Mountains Realty

Last Buyer's Agent

Melissa McKersie

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,942

Year Built

  • Built in 1896

Lot Details

  • 3,049 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,969 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 6 Full Bathrooms

Unfinished Basement

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

Parking

  • Electric Vehicle Home Charger
  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 11 / D
  • Assessor Parcel Number PTLD-000013-D000011-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $6,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,942

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Water Body Name: Back Cove
  • Co List Office Mls Id: 2073
  • Co List Office Phone: 603-610-8500
  • MLS Status: Closed
  • Directions: Heading south on Franklin Street, turn left onto Cumberland Ave, then turn left onto Cleeve St, property is on left.
  • Above Grade Finished Sq Ft: 3969.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1896
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3969.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Operating Expenses: 6312.89
  • Style:Multi-Level: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Roof:Membrane: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Parking:Electric Vehicle Charging Station(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 6
  • Fireplace: No
  • Flooring: Wood, Tile, Other
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat, Membrane
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: PTLD-000013-D000011-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6312.89

Tax Info

  • Tax Annual Amount: 12941.75
  • Tax Block: D
  • Tax Book Number: 33941
  • Tax Lot: 11
  • Tax Map Number: 13
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jan 31, 2023
Sold by
Pontius Edward B
Bought by
Bass-Clark David and Komissarenko Jennifer
Seller's Agent
Alicia Goodwin
Keller Williams Coastal and Lakes & Mountains Realty
Buyer's Agent
Melissa McKersie
Legacy Properties Sotheby's International Realty
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,377,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,385
Avg. Annual Appreciation
7.83%
Original Mortgage
$880,000
Outstanding Balance
$854,075
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$476,948

Purchase Details

Listed on
Nov 28, 2016
Closed on
Apr 12, 2017
Sold by
Gao Yu A
Bought by
Pontius Edward B
Seller's Agent
Robert Joslyn
Keller Williams Realty
Buyer's Agent
Thomas Kennedy
Portside Real Estate Group
List Price
$789,900
Sold Price
$750,000
Premium/Discount to List
-$39,900
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$250,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 1, 2010
Sold by
Shahed Sameullah
Bought by
Gao Yu A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,814
Interest Rate
4.75%
Mortgage Type
FHA
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
Bass-Clark David $1,100,000 None Available
Pontius Edward B -- --
Gao Yu A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass-Clark David $880,000
Previous Owner Pontius Edward B $250,000
Previous Owner Gao Yu A $310,814
Previous Owner Shahed Sameullah $332,666
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,100,000 -8.3% $277 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
12/02/2022 12/02/22 For Sale $1,200,000 +60.0% $302 / Sq Ft
04/12/2017 04/12/17 Sold $750,000 -5.1% $189 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $789,900 -- $199 / 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 $14,273 $950,900 $252,900 $698,000
2023 $13,702 $950,900 $252,900 $698,000
2022 $12,942 $950,900 $252,900 $698,000
2021 $12,352 $950,900 $252,900 $698,000
2020 $8,608 $369,300 $63,600 $305,700
2019 $8,608 $369,300 $63,600 $305,700
2018 $8,302 $369,300 $63,600 $305,700
2017 $7,995 $369,300 $63,600 $305,700
2016 $6,225 $294,900 $63,600 $231,300
2015 $6,084 $294,900 $63,600 $231,300
2014 $5,898 $294,900 $63,600 $231,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1549181

Maine Listings

APN: PTLD-000013-000000-D011001