NOT LISTED FOR SALE

Estimated Value: $809,000 - $1,034,127

6 Beds
3 Baths
3,114 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $756,000 $243 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,666/month

6 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Porch
  • New Englander Architecture
  • No HOA
  • 3-minute walk to Belmeade Park

About This Home

As of July 2021

Bright, and sunny three unit investment property in a great location. Quick walk to USM Portland campus, retail and restaurants yet on a quiet street.

Each spacious unit has two bedrooms with generous closet space, newer kitchens, hardwood floors throughout and their own washer/dryer hook-up. The charming living rooms with fireplaces flow into the dining room with built-ins, eat-in kitchen with a walk-in pantry.

These apartments have one off-street parking space. Close to stores, restaurants, museums and Back Bay walking path. Don't miss this amazing opportunity to own a piece of Portland!

Last Agent to Sell the Property

Amy Foley

Signature Homes Real Estate Group, LLC Listed on: 03/23/2021

Last Buyer's Agent

Brett Kelly

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,914

Year Built

  • Built in 1895

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,114 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Water Not Available
  • Electric Water Heater
  • Internet Available

Additional Features

  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number PTLD-000116-C000006-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,213
  • Gross Income $52,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,914

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • MLS Status: Closed
  • Directions: Forest to Fessenden - first house on the right
  • Above Grade Finished Sq Ft: 3114.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1895
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3114.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 52200.0
  • Income Expenses Operating Expenses: 14212.79
  • Amenities:Bathtub: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Equipment:Internet Access Available: Yes
  • Water:None5: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Bathtub, Pantry
  • Stories: 3

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Town, Neighborhood, Retail Strip
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000116-C000006-000001
  • Zoning: Three Family

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 52200.0
  • Annual Operating Expense: 14212.79

Tax Info

  • Tax Annual Amount: 7914.0
  • Tax Book Number: 26119
  • Tax Lot: 6
  • Tax Map Number: 116
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jul 29, 2021
Sold by
Sawyer Kimberly D and Sawyer Michael J
Bought by
Smith Michael and Kellogg Katrina
Seller's Agent
Amy Foley
Signature Homes Real Estate Group, LLC
Buyer's Agent
Brett Kelly
Keller Williams Realty
List Price
$689,000
Sold Price
$756,000
Premium/Discount to List
$67,000
9.72%
Current Estimated Value
$923,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,782
Avg. Annual Appreciation
6.99%
Original Mortgage
$413,418
Outstanding Balance
$381,703
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,695
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
Smith Michael -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $413,418
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $756,000 +9.7% $243 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $689,000 -- $221 / 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 $9,452 $629,700 $91,600 $538,100
2023 $9,074 $629,700 $91,600 $538,100
2022 $8,570 $629,700 $91,600 $538,100
2021 $8,180 $629,700 $91,600 $538,100
2020 $7,914 $339,500 $86,100 $253,400
2019 $7,914 $339,500 $86,100 $253,400
2018 $7,350 $339,500 $86,100 $253,400
2017 $7,350 $339,500 $86,100 $253,400
2016 $7,167 $339,500 $86,100 $253,400
2015 $7,004 $339,500 $86,100 $253,400
2014 $6,790 $339,500 $86,100 $253,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1485177

Maine Listings

APN: PTLD-000116-000000-C006001