NOT LISTED FOR SALE

Estimated Value: $266,000 - $354,000

1 Bed
1 Bath
570 Sq Ft
$309/mo HOA Fee

Last Sold May 03, 2021

Last sale price $248,000 $435 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,280/month

35 Days on Market

Highlights

  • Nearby Water Access
  • Property Fronts a Bay or Harbor
  • Main Floor Bedroom
  • Public Beach
  • Property is near public transit
  • 4-minute walk to Bug Light Park

About This Home

As of May 2021

Rare first floor condominium with wonderfully private fenced in garden patio (the perfect place to stow your paddleboard or bike), peeks of Fort Gorges and designated parking space nearby. This one bedroom unit has been updated and offers an open-concept kitchen with breakfast bar, sunny living room, full bath and bedroom with a walk-in closet. Breakwater offers generous guest parking, bike storage, a community garden, marina with BBQ area and onsite property management. Peeks of Casco Bay and a one minute walk to the greenbelt pathway and marina.

Last Agent to Sell the Property

Andrea Pellechia

Legacy Properties Sotheby's International Realty Listed on: 03/24/2021

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Vicki Kennedy

RE/MAX Oceanside

RE/MAX Oceanside

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1987

Lot Details

  • Property Fronts a Bay or Harbor
  • Public Beach
  • Fenced
  • Landscaped

HOA Fees

  • $309 Monthly HOA Fees

Property Views

  • Scenic Vista

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 570 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Patio

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot 074B
  • Assessor Parcel Number 148BreakwaterDrive111SouthPortland04106

Community Details

Overview

  • 154 Units
  • High-Rise Condominium
  • Breakwater Condominium Association Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,741

Year Built

Built in 1987

Lot Details

0

HOA Fees

$309 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Breakwater Condominium Association
  • Directions: Broadway in South Portland to Breakwater Drive. Turn left onto Breakwater Drive, then right into the Breakwater condominiums. Please park in the visitor parking area on the left.
  • Above Grade Finished Sq Ft: 570.0
  • Architectural Style: High Rise
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 570.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 309.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 154
  • Water Heater:Electric2: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Transportation:Deep Water Access: Yes
  • Roof:Membrane: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Style:High Rise: Yes
  • Construction:Masonry: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Suburban, Near Public Transit
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Membrane
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 309.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 148BreakwaterDrive111SouthPortland04106
  • Zoning: SP

Multi Family

  • Number Of Units In Community: 154

Tax Info

  • Tax Annual Amount: 2741.0
  • Tax Book Number: 35451
  • Tax Lot: 074B
  • Tax Map Number: 005
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 3, 2021
Sold by
Connelly Ft
Bought by
Vallely John F
Seller's Agent
Andrea Pellechia
Legacy Properties Sotheby's International Realty
Buyer's Agent
Vicki Kennedy
RE/MAX Oceanside
List Price
$240,000
Sold Price
$248,000
Premium/Discount to List
$8,000
3.33%
Total Days on Market
35
Current Estimated Value
$299,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,148
Avg. Annual Appreciation
7.45%
Original Mortgage
$223,200
Outstanding Balance
$204,981
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,552

Purchase Details

Listed on
Apr 10, 2017
Closed on
May 1, 2017
Sold by
Kelly Edward J and Kelly Joan A
Bought by
Connelly Patricia M and Connelly Harold R
Seller's Agent
Mike Duvernay
Regency Realty Group
Buyer's Agent
Andrea Pellechia
Legacy Properties Sotheby's International Realty
List Price
$157,650
Sold Price
$157,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Source: Public Records

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Range of Values:

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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
Vallely John F -- None Available
Connelly Patricia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallely John F $223,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $248,000 +3.3% $435 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $240,000 +52.2% $421 / Sq Ft
04/28/2017 04/28/17 Sold $157,650 0.0% $277 / Sq Ft
04/10/2017 04/10/17 For Sale $157,650 -- $277 / Sq Ft
03/22/2017 03/22/17 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 $3,495 $264,800 $164,100 $100,700
2023 $2,623 $185,500 $109,400 $76,100
2022 $2,546 $163,600 $87,500 $76,100
2021 $2,405 $163,600 $87,500 $76,100
2020 $2,471 $125,100 $70,000 $55,100
2019 $2,389 $125,100 $70,000 $55,100
2018 $2,314 $125,100 $70,000 $55,100
2017 $2,252 $125,100 $70,000 $55,100
2016 $2,108 $119,100 $64,000 $55,100
2015 $2,072 $119,100 $64,000 $55,100
2014 $2,037 $119,100 $64,000 $55,100
2013 $1,989 $119,100 $64,000 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482303

Maine Listings

APN: SPOR-000005-000111-000074B