NOT LISTED FOR SALE

Breakwater at Spring Point 148 Breakwater Dr Unit 404 South Portland, ME 04106

Breakwater Neighborhood

Estimated Value: $272,000 - $317,000

1 Bed
1 Bath
567 Sq Ft
$356/mo HOA Fee

Last Sold August 23, 2023

Last sale price $300,000 $529 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,220/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Scenic Views
  • Property is near public transit
  • Public Beach
  • Deck
  • 4-minute walk to Bug Light Park

About This Home

As of August 2023

Very nice one bedroom condo with southern exposure that allows for plenty of natural light. This unit has one of the larger exclusive balconies in the building with a wonderful view of the Portland skyline. Tile flooring in the kitchen and bath. This unit is awaiting your designer's touch.

Last Agent to Sell the Property

Mike Duvernay

Regency Realty Group Listed on: 07/18/2023

Last Buyer's Agent

Mary Roy

RE/MAX Shoreline License #BA 921939

RE/MAX Shoreline

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Public Beach
  • Landscaped
  • Open Lot
  • Sprinkler System

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Brick Veneer
  • Concrete Foundation
  • Slab Foundation
  • Membrane Roofing
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 567 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub

Home Security

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Shed

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 074b / 404
  • Assessor Parcel Number 855

Community Details

Overview

  • 153 Units
  • High-Rise Condominium
  • Breakwater At Spring Point Condominium Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • No Dogs Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,901

Year Built

Built in 1987

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Breakwater at Spring Point condominium association
  • Directions: Follow Broadway north towards Spring Point Marina. Turn left onto Breakwater dr. Take next right into the Breakwater association parking lot.
  • Above Grade Finished Sq Ft: 567.0
  • Architectural Style: High Rise
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • 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: 567.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 356.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 153
  • Gas:Natural - On Site: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Roof:Membrane: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Condominium:Rental Terms: see condo docs
  • Style:High Rise: Yes
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Exterior:Brick Veneer: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, 1st Floor Bedroom, Bathtub
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Public Beach, Near Shopping, Near Town, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Brick Veneer, Masonry
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Sprinkler
  • 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: 356.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed

Schools

  • Junior High Dist: South Portland Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: 855
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 153

Tax Info

  • Tax Annual Amount: 1901.43
  • Tax Block: 404
  • Tax Book Number: 12449
  • Tax Lot: 074b
  • Tax Map Number: 005
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 23, 2023
Sold by
Tracy Philip M
Bought by
Friedman Sophic and Kelly Ethna M
Seller's Agent
Mike Duvernay
Regency Realty Group
Buyer's Agent
Mary Roy
RE/MAX Shoreline
List Price
$290,000
Sold Price
$300,000
Premium/Discount to List
$10,000
3.45%
Total Days on Market
4
Current Estimated Value
$296,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,999
Avg. Annual Appreciation
0.77%
Original Mortgage
$180,000
Outstanding Balance
$177,022
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,058
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
Friedman Sophic $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Sophic $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2023 08/23/23 Sold $300,000 +3.4% $529 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $290,000 -- $511 / 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 $3,515 $266,300 $165,900 $100,400
2023 $2,333 $165,000 $89,100 $75,900
2022 $2,290 $147,200 $71,300 $75,900
2021 $2,164 $147,200 $71,300 $75,900
2020 $2,210 $111,900 $57,000 $54,900
2019 $2,137 $111,900 $57,000 $54,900
2018 $2,070 $111,900 $57,000 $54,900
2017 $2,014 $111,900 $57,000 $54,900
2016 $1,981 $111,900 $57,000 $54,900
2015 $1,947 $111,900 $57,000 $54,900
2014 -- $111,900 $57,000 $54,900
2013 $1,869 $111,900 $57,000 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Mike Duvernay

    Seller's Agent in 2023

    Mike Duvernay

    Regency Realty Group

    (207) 233-5949

    12 in this area

    17 Total Sales

    Mike Duvernay
    Section Image
  • Mary Roy

    Buyer's Agent in 2023

    Mary Roy

    RE/MAX

    Section Image
See All Agents

About Breakwater at Spring Point

Map

Source: Maine Listings

MLS Number: 1565653

Maine Listings

APN: SPOR-000005-000404-000074B

Maine Cumberland County South Portland 04106 Breakwater

148 Breakwater Dr Unit 404, South Portland, ME

This home is located at 148 Breakwater Dr Unit 404, South Portland, ME 04106 since 18 July 2023 and is currently estimated at $296,001, approximately $522 per square foot. This property was built in 1987. 148 Breakwater Dr Unit 404 is a home located in Cumberland County with nearby schools including Dora L. Small Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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