NOT LISTED FOR SALE

16 Mussey St Unit 202 South Portland, ME 04106

Ferry Village Neighborhood

Estimated Value: $389,558 - $475,000

2 Beds
1.5 Baths
960 Sq Ft
$440/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $132,000 $138 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,754/month

223 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Dora L. Small Elementary School Rated 9+
  • Property is near public transit
  • Living Room

About This Home

As of February 2017

Channel South 2 bedroom Condo! 1 and 1/2 baths, 1st floor washer and dryer. This property is in need of a little TLC. Amenities include walking distance to the Green Belt trails, shopping and a 10 minute drive to in town Portland. Low fees and established condo association that is pet friendly. Easy to show! Owner is selling "as is" condition.

Last Agent to Sell the Property

Deborah Kilmartin

Landing Real Estate Listed on: 06/09/2016

Last Buyer's Agent

Andrew Snyder

Regency Real Estate, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Public Beach
  • Landscaped

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 960 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • Deep Water Access

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Property is near public transit

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block C61 / 9
  • Assessor Parcel Number 16MusseyST202SouthPor89C61

Community Details

Overview

  • 11 Units
  • Channel South Condominuims Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,387

Year Built

Built in 1985

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Channel South Condominuims
  • Directions: Broadway to Mussey Street, Channel South Condo's are located on the right, 16 Mussey Street, Parking is in the back of the unit. Park in Unit #202 or visitors. Do NOT park in any other spot.
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Townhouse
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.1
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 960.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 220.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 11
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Transportation:Deep Water Access: Yes
  • Transportation:Public Transport Access: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Storage
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Near Public Beach, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 16MusseyST202SouthPor89C61
  • Zoning: G

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2387.0
  • Tax Block: 9
  • Tax Book Number: 33311
  • Tax Lot: C61
  • Tax Map Number: 8
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Feb 15, 2017
Sold by
Wilmington Svngs Fund Tr
Bought by
Hegarty David
Seller's Agent
Deborah Kilmartin
Landing Real Estate
Buyer's Agent
Andrew Snyder
Regency Real Estate, Inc.
List Price
$154,900
Sold Price
$132,000
Premium/Discount to List
-$22,900
-14.78%
Current Estimated Value
$422,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,390
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Jul 27, 2016
Sold by
Olson Richard O
Bought by
Wilmington Svngs Fund Tr

Purchase Details

Closed on
Jun 29, 2007
Sold by
Gurney Kelley A
Bought by
Olson Richard O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
6.24%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Hegarty David $134,000 --
Wilmington Svngs Fund Tr -- --
Olson Richard O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Richard O $121,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $132,000 -14.8% $138 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
06/09/2016 06/09/16 For Sale $154,900 -- $161 / 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 $3,824 $289,700 $156,800 $132,900
2023 $3,097 $219,000 $118,800 $100,200
2022 $3,037 $195,200 $95,000 $100,200
2021 $2,869 $195,200 $95,000 $100,200
2020 $2,710 $137,200 $65,000 $72,200
2019 $2,621 $137,200 $65,000 $72,200
2018 $2,538 $137,200 $65,000 $72,200
2017 $2,470 $137,200 $65,000 $72,200
2016 $2,428 $137,200 $65,000 $72,200
2015 $2,387 $137,200 $65,000 $72,200
2014 $2,346 $137,200 $65,000 $72,200
2013 $2,291 $137,200 $65,000 $72,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deborah Kilmartin

    Landing Real Estate

    (207) 807-7370

    31 Total Sales

    Deborah Kilmartin
    Section Image

  • A

    Buyer's Agent in 2017

    Andrew Snyder

    Regency Real Estate, Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1268500

Maine Listings

APN: SPOR-000008-000009C-000061

Maine Cumberland County South Portland 04106 Ferry Village

16 Mussey St Unit 202, South Portland, ME

This home is located at 16 Mussey St Unit 202, South Portland, ME 04106 since 09 June 2016 and is currently estimated at $422,390, approximately $439 per square foot. This property was built in 1985. 16 Mussey St Unit 202 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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