NOT LISTED FOR SALE

14 Inverness St Portland, ME 04103

East Deering Neighborhood

Estimated Value: $701,375 - $774,000

4 Beds
2 Baths
3,168 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $460,000 $145 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,797/month

Highlights

  • Wood Flooring
  • No HOA
  • Baseboard Heating
  • New Englander Architecture
  • Forced Air Zoned Heating System
  • Level Lot

About This Home

As of October 2020

This home is located at 14 Inverness St, Portland, ME 04103 since 12 September 2020 and is currently estimated at $738,344, approximately $233 per square foot. This property was built in 1911. 14 Inverness St is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, and St. Brigid School.

Last Listed By

Julie Bayley

Bayley Realty Group Listed on: 09/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1911

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • 3,168 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Fiberglass Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Not Available

Additional Features

  • 2 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot D-14
  • Assessor Parcel Number 16, Iverness, Portland, 04103

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,317
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3168.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1911
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3168.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 8317.0
  • Gas:Natural - At Street: Yes
  • Basement:BrickMortar: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 16, Iverness, Portland, 04103
  • Zoning: TWO FAMILY

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 8317.0

Tax Info

  • Tax Annual Amount: 6156.17
  • Tax Book Number: 340080
  • Tax Lot: D-14
  • Tax Map Number: 168
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Oct 30, 2020
Sold by
Millington Jordan C
Bought by
Desrosiers Andrew and Lin Audrey Y
Seller's Agent
Julie Bayley
Bayley Realty Group
Buyer's Agent
Jacqueline Nedwell
Keller Williams Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Total Days on Market
0
Current Estimated Value
$738,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,344
Avg. Annual Appreciation
12.82%
Original Mortgage
$345,000
Outstanding Balance
$311,864
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$485,351

Purchase Details

Closed on
Jun 14, 2017
Sold by
Millington Paul C
Bought by
Millington Jordan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2016
Sold by
Millington Jeanne M
Bought by
Millington Paul C

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
Desrosiers Andrew -- None Available
Millington Jordan C -- --
Millington Paul C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desrosiers Andrew $345,000
Previous Owner Millington Jordan C $264,000
Previous Owner Millington Paul C $268,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $460,000 +2.2% $145 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/12/2020 09/12/20 For Sale $450,000 -- $142 / 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 $7,975 $531,300 $63,000 $468,300
2023 $7,656 $531,300 $63,000 $468,300
2022 $7,130 $523,900 $63,000 $460,900
2021 $6,361 $489,700 $63,000 $426,700
2020 $6,156 $264,100 $63,000 $201,100
2019 $6,156 $264,100 $63,000 $201,100
2018 $5,718 $264,100 $63,000 $201,100
2017 $5,718 $264,100 $63,000 $201,100
2016 $5,575 $264,100 $63,000 $201,100
2015 $5,448 $264,100 $63,000 $201,100
2014 $5,282 $264,100 $63,000 $201,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Bayley

    Seller's Agent in 2020

    Julie Bayley

    Bayley Realty Group

    (207) 883-9211

    1 in this area

    60 Total Sales

    Julie Bayley
    Section Image

  • J

    Buyer's Agent in 2020

    Jacqueline Nedwell

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1468604

Maine Listings

APN: PTLD-000168-000000-D014001

Maine Cumberland County Portland 04103 East Deering

14 Inverness St, Portland, ME

Homes for Sale in Portland, ME

This home is located at 14 Inverness St, Portland, ME 04103 since 12 September 2020 and is currently estimated at $738,344, approximately $233 per square foot. This property was built in 1911. 14 Inverness St is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, 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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