NOT LISTED FOR SALE

Breakwater at Spring Point 148 Breakwater Dr Unit 517 South Portland, ME 04106

Breakwater Neighborhood

Estimated Value: $268,000 - $330,000

1 Bed
1 Bath
567 Sq Ft
$228/mo HOA Fee

Last Sold July 10, 2015

Last sale price $130,000 $229 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,075/month

29 Days on Market

Highlights

  • Deep Water Access
  • Deck
  • Property is near public transit
  • Scenic Views
  • Contemporary Architecture
  • 4-minute walk to Bug Light Park

About This Home

As of July 2015

Very nice one-bedroom unit with southern view of city skyline. Balcony is private (no divider), elevators in building. Breakwater is a professionally-managed property with on-site management 24/7.

Last Agent to Sell the Property

Mike Duvernay

Regency Realty Group Listed on: 07/27/2015

Last Buyer's Agent

Peter Blake

RE/MAX By The Bay

RE/MAX By The Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1987

Lot Details

  • Property fronts a private road
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $228 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Slab Foundation
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 567 Sq Ft Home
  • Scenic Vista Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Doors are 32 inches wide or more

Outdoor Features

  • Deep Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near shops

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 074b / 517
  • Assessor Parcel Number SPOR-000005-000517-000074B

Community Details

Overview

  • 156 Units
  • Breakwater Association Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • No Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,913

Year Built

Built in 1987

Lot Details

0

HOA Fees

$228 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 Association
  • Directions: South Portland. Take Broadway to Breakwater Drive, turn left, then quick right into Breakwater.
  • Above Grade Finished Sq Ft: 567.0
  • Architectural Style: Contemporary
  • 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
  • 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:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 228.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 156
  • Gas:Natural - On Site: Yes
  • Floors:Laminate: Yes
  • Basement:Slab2: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • View:Scenic: Yes
  • Equipment:Generator: Yes
  • Transportation:Deep Water Access: Yes
  • Roof:Membrane: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Construction:Masonry: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Exterior:Brick Veneer: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Landscaped, Near Shopping, Near Town, Shopping Mall, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Brick Veneer, Masonry
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: 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
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 228.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed, Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: SPOR-000005-000517-000074B
  • Zoning: res

Multi Family

  • Number Of Units In Community: 156

Tax Info

  • Tax Annual Amount: 1913.0
  • Tax Block: 517
  • Tax Book Number: 27347
  • Tax Lot: 074b
  • Tax Map Number: 005
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 14, 2015
Sold by
Dameda Yvonne S
Bought by
7 Stripes Llc
Seller's Agent
Mike Duvernay
Regency Realty Group
Buyer's Agent
Peter Blake
RE/MAX By The Bay
List Price
$140,000
Sold Price
$130,000
Premium/Discount to List
-$10,000
-7.14%
Total Days on Market
29
Current Estimated Value
$292,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,630
Avg. Annual Appreciation
9.34%
Original Mortgage
$120,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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
7 Stripes Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 7 Stripes Llc $120,000
Closed Damede Yvonne S $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $130,000 -7.1% $229 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $140,000 -- $247 / 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 $3,528 $267,300 $165,900 $101,400
2023 $2,344 $165,800 $89,100 $76,700
2022 $2,303 $148,000 $71,300 $76,700
2021 $2,176 $148,000 $71,300 $76,700
2020 $2,222 $112,500 $57,000 $55,500
2019 $2,149 $112,500 $57,000 $55,500
2018 $2,081 $112,500 $57,000 $55,500
2017 $2,025 $112,500 $57,000 $55,500
2016 $1,991 $112,500 $57,000 $55,500
2015 $1,947 $111,900 $57,000 $54,900
2014 -- $111,900 $57,000 $54,900
2013 -- $111,900 $57,000 $54,900
Source: Public Records

Agents Affiliated with this Home

  • Mike Duvernay

    Seller's Agent in 2015

    Mike Duvernay

    Regency Realty Group

    (207) 233-5949

    12 in this area

    17 Total Sales

    Mike Duvernay
    Section Image

  • P

    Buyer's Agent in 2015

    Peter Blake

    RE/MAX

    (207) 773-2345

    1 Total Sale

    Peter Blake
    Section Image
See All Agents

About Breakwater at Spring Point

Map

Source: Maine Listings

MLS Number: 1217868

Maine Listings

APN: SPOR-000005-000517-000074B

Maine Cumberland County South Portland 04106 Breakwater

148 Breakwater Dr Unit 517, South Portland, ME

This home is located at 148 Breakwater Dr Unit 517, South Portland, ME 04106 since 27 July 2015 and is currently estimated at $292,630, approximately $516 per square foot. This property was built in 1987. 148 Breakwater Dr Unit 517 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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