NOT LISTED FOR SALE

16 Tate St Portland, ME 04102

West End Neighborhood

Estimated Value: $652,000 - $785,007

3 Beds
4 Baths
1,840 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $164,900 $90 Per Sq Ft

Est. 330% increase in value since last sale

Current estimated payment $4,440/month

5 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • 1-minute walk to Harbor View Memorial Park
  • No HOA
  • Baseboard Heating

About This Home

As of August 2014

Large two unit in need of rehab. Newer vinyl siding, newer heating system. Won't qualify for conventional financing.

Last Agent to Sell the Property

Michael Webster

Downeast Realty, Inc. Listed on: 07/02/2014

Last Buyer's Agent

Cathleen Melrose

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1821

Lot Details

  • 1,742

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • 4 Full Bathrooms
  • 1,742 Sq Ft Lot
  • City Lot
  • Finished Basement

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot E-11
  • Assessor Parcel Number 16Tate StreetPortland44E-11

Property Details

Home Type

Multi-Family

Year Built

Built in 1821

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • MLS Status: Closed
  • Directions: Danforth Street to Tate (one way). #16 on the right.
  • Architectural Style: Other Style
  • Year Built: 1821
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 4.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 16Tate StreetPortland44E-11
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4965.0
  • Tax Lot: E-11
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Terenzoni Ft and Terenzoni
Bought by
Wallace Dustin J
Current Estimated Value
$709,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,800
Outstanding Balance
$510,665
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,337

Purchase Details

Closed on
Jun 27, 2019
Sold by
Terenzoni Robert S and Terenzoni Denise M
Bought by
Terenzoni Ft and Terenzoni

Purchase Details

Listed on
Jul 2, 2014
Closed on
Aug 14, 2014
Sold by
Hill St Apartments Llc
Bought by
Terenzoni Robert S and Terenzoni Denise M
Seller's Agent
Michael Webster
Downeast Realty, Inc.
Buyer's Agent
Cathleen Melrose
Keller Williams Realty
List Price
$169,900
Sold Price
$164,900
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 2, 2014
Closed on
Jun 27, 2014
Sold by
Bank Of America Na
Bought by
Hill St Apartments Llc
Seller's Agent
Michael Webster
Downeast Realty, Inc.
Buyer's Agent
Cathleen Melrose
Keller Williams Realty
List Price
$169,900
Sold Price
$164,900
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Murphy James F and Murphy Joseph
Bought by
Magana Transito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,345
Interest Rate
6.32%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wallace Dustin J $564,000 None Available
Terenzoni Ft -- --
Terenzoni Robert S -- --
Terenzoni Robert S -- --
Hill St Apartments Llc -- --
Magana Transito -- --
Magana Transito -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Dustin J $535,800
Previous Owner Magana Transito $200,000
Previous Owner Magana Transito $229,740
Previous Owner Magana Transito $226,345
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2014 08/08/14 Sold $164,900 -2.9% $90 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $169,900 -- $92 / 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 $8,533 $568,500 $113,700 $454,800
2023 $8,192 $568,500 $113,700 $454,800
2022 $12,400 $911,100 $266,700 $644,400
2021 $11,835 $911,100 $266,700 $644,400
2020 $9,366 $401,800 $134,500 $267,300
2019 $9,366 $401,800 $134,500 $267,300
2018 $9,032 $401,800 $134,500 $267,300
2017 $8,699 $401,800 $134,500 $267,300
2016 $8,222 $389,500 $134,500 $255,000
2015 $5,277 $255,800 $134,500 $121,300
2014 $5,116 $255,800 $134,500 $121,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Webster

    Downeast Realty, Inc.

  • C

    Buyer's Agent in 2014

    Cathleen Melrose

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1143645

Maine Listings

APN: PTLD-000044-000000-E011001

Maine Cumberland County Portland 04102 West End

16 Tate St, Portland, ME

Not Listed for Sale

MultiFamily

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