NOT LISTED FOR SALE

Estimated Value: $725,000 - $829,000

6 Beds
2 Baths
2,972 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $610,000 $205 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,939/month

11 Days on Market

Highlights

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

About This Home

As of October 2022

Side-by-side duplex that truly lives like two separate 3+ BR townhomes. Two driveways, separate basements & utilities, private outdoor space for each unit, modern kitchens and baths, all within minutes to downtown Portland, Rock Row or the Lakes Region. Forest Avenue convenience, yet the corner lot also provides direct access to neighborhood side-streets that are ideal for afternoon strolls or dog walking.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 09/21/2022

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Jes Wallimann

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,669

Year Built

  • Built in 1920

Lot Details

  • 0.33

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,972 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 27 / B
  • Assessor Parcel Number PTLD-000298-B000027-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,627
  • Gross Income $38,260

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,669

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Directions: From downtown Portland, go North on Forest Ave just past Warren Ave. 1458/1460 Forest Ave will be on your left.
  • Above Grade Finished Sq Ft: 2972.0
  • Architectural Style: Multi-Level, New Englander, Townhouse
  • Garage Yn: No
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.33
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2972.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: 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
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 38260.0
  • Income Expenses Operating Expenses: 6627.0
  • Style:Multi-Level: Yes
  • Style:New Englander: Yes
  • Style:Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Carpet
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 14374.8
  • Parcel #: PTLD-000298-B000027-000001
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38260.0
  • Annual Operating Expense: 6627.0

Tax Info

  • Tax Annual Amount: 7669.0
  • Tax Block: B
  • Tax Book Number: 22385
  • Tax Lot: 27
  • Tax Map Number: 298
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Oct 26, 2022
Sold by
Stanisewski Keith and Bibeau Hallie C
Bought by
1460 Forest Avenue Llc
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Jes Wallimann
Keller Williams Realty
List Price
$590,000
Sold Price
$610,000
Premium/Discount to List
$20,000
3.39%
Current Estimated Value
$772,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,320
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Mar 7, 2005
Sold by
Madsen Mary L
Bought by
Stanisewski Keith and Bibeau Hallie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
1460 Forest Avenue Llc $410,000 None Available
Stanisewski Keith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanisewski Keith $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $610,000 +3.4% $205 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/21/2022 09/21/22 For Sale $590,000 -- $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 $8,862 $590,400 $62,500 $527,900
2023 $8,508 $590,400 $62,500 $527,900
2022 $8,035 $590,400 $62,500 $527,900
2021 $7,669 $590,400 $62,500 $527,900
2020 $6,660 $285,700 $69,400 $216,300
2019 $6,660 $285,700 $69,400 $216,300
2018 $6,423 $285,700 $69,400 $216,300
2017 $6,185 $285,700 $69,400 $216,300
2016 $6,031 $285,700 $69,400 $216,300
2015 $5,894 $285,700 $69,400 $216,300
2014 $5,714 $285,700 $69,400 $216,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543777

Maine Listings

APN: PTLD-000298-000000-B027001