NOT LISTED FOR SALE

1407 Congress St Unit 1 Portland, ME 04102

Rosemont Neighborhood

Estimated Value: $739,000 - $928,000

6 Beds
6 Baths
3,120 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $800,000 $256 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,191/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Baseboard Heating
  • Property is near public transit
  • En-Suite Primary Bedroom
  • Level Lot

About This Home

As of August 2023

Looking for a duplex to owner occupy in Portland? Care to live close to downtown, shopping, Thompson's Point, and easy access to I-295? This townhouse style 2-unit boasts generous 3BR 2.5BA layouts, decks, and walk out access from the basement to the parking lot making storage super easy and convenient. The units are mirror images - kitchen/living space on the first floor is highly functional with a half bath and a gas fireplace. On the second floor you'll find two good sized bedrooms and a full bath. The uniqueness of this home becomes obvious when you enter the third floor - There, you'll find a bonus room perfect for a primary suite or dedicated office/workout space with a full bath. Both units are available and can be purchased individually or together as a 2-unit.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 06/20/2023

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Brett Davis

EXP Realty

EXP Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Open Lot

Home Design

  • 3,120 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Washer and Dryer Hookup
  • Deck

Listing and Financial Details

  • Legal Lot and Block 25 / C
  • Assessor Parcel Number PTLD-000194-C000025-000001

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,882
  • Gross Income $54,780

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,302

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3120.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 3120.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Fee Frequency Paid: Annually
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 54780.0
  • Income Expenses Operating Expenses: 12882.0
  • Water Heater:Heat Pump2: Yes
  • Location:Near Railroad: Yes
  • Style:Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Interior Amenities: Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: PTLD-000194-C000025-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 54780.0
  • Annual Operating Expense: 12882.0

Tax Info

  • Tax Annual Amount: 7302.0
  • Tax Block: C
  • Tax Book Number: 33905
  • Tax Lot: 25
  • Tax Map Number: 194
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 10, 2023
Sold by
Aml Associates Llc
Bought by
Han Xu Llc
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Brett Davis
EXP Realty
List Price
$700,000
Sold Price
$800,000
Premium/Discount to List
$100,000
14.29%
Current Estimated Value
$837,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,468
Avg. Annual Appreciation
2.15%
Original Mortgage
$450,000
Outstanding Balance
$439,554
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,914

Purchase Details

Listed on
Mar 1, 2017
Closed on
Mar 28, 2017
Sold by
Haskell Gregory
Bought by
Aml Associates Llc
Seller's Agent
Gordie Holmes
Direct Real Estate
Buyer's Agent
Gordon Holmes
RE/MAX By The Bay
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.43%

Purchase Details

Closed on
Dec 31, 2007
Sold by
Groundhog Chasing Llc
Bought by
Haskell Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.27%
Mortgage Type
FHA
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
Han Xu Llc $800,000 None Available
Han Xu Llc $800,000 None Available
Aml Associates Llc -- --
Aml Associates Llc -- --
Haskell Gregory -- --
Haskell Gregory -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Han Xu Llc $450,000
Closed Han Xu Llc $450,000
Previous Owner Haskell Gregory $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $800,000 +14.3% $256 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $700,000 +218.2% $224 / Sq Ft
03/27/2017 03/27/17 Sold $220,000 -3.9% $141 / Sq Ft
03/01/2017 03/01/17 For Sale $229,000 -- $147 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
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 $9,012 $600,400 $80,400 $520,000
2023 $3,876 $269,000 $53,800 $215,200
2022 $3,661 $269,000 $53,800 $215,200
2021 $3,494 $269,000 $53,800 $215,200
2020 $3,825 $164,100 $32,800 $131,300
2019 $3,825 $164,100 $32,800 $131,300
2018 $3,689 $164,100 $32,800 $131,300
2017 $3,553 $164,100 $32,800 $131,300
2016 $3,464 $164,100 $32,800 $131,300
2015 $3,385 $164,100 $32,800 $131,300
2014 $3,282 $164,100 $32,800 $131,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1562696

Maine Listings

APN: PTLD-000194-000000-C025001