$650,000
SOLD DEC 3, 2024
-- Bed
2 Baths
3,613 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$180 Per Sq Ft

19% Below List Price

351 Days on Market

Highlights

  • Property Near A Cove
  • Wood Flooring
  • Forced Air Heating System
  • Property is near public transit
  • No HOA
  • Baseboard Heating

About This Home

As of December 2024

This home is located at 164 Veranda St, Portland, ME 04103 and is currently priced at $650,000, approximately $179 per square foot. This property was built in 1900. 164 Veranda St is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, and Friends School Of Portland.

Last Agent to Sell the Property

JOYCE BOXER

F.O. Bailey Real Estate Listed on: 08/19/2024

Co-Listed By

Robert Baldacci

F.O. Bailey Real Estate

Last Buyer's Agent

Kathryn Winglass

RE/MAX Riverside

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Multi-Level Property
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Outdoor Features

  • Property Near A Cove

Location

  • Property is near public transit
  • City Lot

Utilities

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

Listing and Financial Details

  • Tax Lot c003001
  • Assessor Parcel Number 432 C003001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $16,210
  • Gross Income $83,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,300

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Water Body Name: Portland harbor
  • Co List Office Mls Id: 2872
  • Co List Office Phone: 207-781-1111
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2601.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2601.0
  • Property Information:SqFt Finished Below Grade: 1012.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 83376.0
  • Income Expenses Operating Expenses: 16210.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Sewer:Private Sewer: Yes
  • Parking:On Street: Yes
  • Transportation:Public Transport Access: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 1012.0
  • Flooring: Wood

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Retail Strip, Near Public Transit
  • Waterfront Features: Cove
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, On Site, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: 432 C003001
  • Zoning: mixed used res/comm

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 83376.0
  • Annual Operating Expense: 16210.0

Tax Info

  • Tax Annual Amount: 6300.0
  • Tax Book Number: 38322
  • Tax Lot: c003001
  • Tax Map Number: 432
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Dec 3, 2024
Sold by
Maine Re Partners Llc
Bought by
Mlcu Holdings Llc
Seller's Agent
JOYCE BOXER
F.O. Bailey Real Estate
Buyer's Agent
Kathryn Winglass
RE/MAX Riverside
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Views
6
Current Estimated Value
$655,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,873
Avg. Annual Appreciation
-1.75%
Original Mortgage
$406,000
Outstanding Balance
$404,531
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$237,145

Purchase Details

Closed on
Aug 21, 2017
Sold by
Apex Luxury Rentals Llc
Bought by
Lux Llc

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jun 20, 2017
Sold by
868 Broadway Llc
Bought by
Apex Luxury Rentals Llc
Seller's Agent
William Sullivan
Keller Williams Realty
Buyer's Agent
Christa Kelley
Harborview Properties, Inc.
List Price
$525,000
Sold Price
$456,000
Premium/Discount to List
-$69,000
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%
Original Mortgage
$450,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 27, 2013
Closed on
Apr 2, 2014
Sold by
Quattrucci Gaetano J and Quattrucci Patricia A
Bought by
868 Broadway Llc
Seller's Agent
Shawn Boulet
Green Tree Realty, LLC
Buyer's Agent
Daniel Anderson
Dan Anderson Real Estate, Inc.
List Price
$379,000
Sold Price
$329,000
Premium/Discount to List
-$50,000
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$220,000
Interest Rate
4.33%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $650,000 None Available
Warranty Deed $650,000 None Available
Not Resolvable -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $406,000 Purchase Money Mortgage
Closed $406,000 Purchase Money Mortgage
Previous Owner $440,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $450,000 Commercial
Previous Owner $220,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $650,000 -12.8% $180 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $745,500 -6.7% $206 / Sq Ft
08/19/2024 08/19/24 For Sale $799,000 0.0% $221 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $799,000 -11.2% $221 / Sq Ft
12/14/2023 12/14/23 For Sale $899,900 +97.3% $249 / Sq Ft
06/15/2017 06/15/17 Sold $456,000 -13.1% $126 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
07/13/2016 07/13/16 For Sale $525,000 +59.6% $145 / Sq Ft
03/28/2014 03/28/14 Sold $329,000 -13.2% $91 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
10/27/2013 10/27/13 For Sale $379,000 -- $105 / 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 $8,628 $574,800 $198,200 $376,600
2023 $8,283 $574,800 $198,200 $376,600
2022 $7,823 $574,800 $198,200 $376,600
2021 $7,467 $574,800 $198,200 $376,600
2020 $6,026 $258,500 $109,100 $149,400
2019 $6,026 $258,500 $109,100 $149,400
2018 $5,597 $258,500 $109,100 $149,400
2017 $5,597 $258,500 $109,100 $149,400
2016 $5,457 $258,500 $109,100 $149,400
2015 $5,333 $258,500 $109,100 $149,400
2014 $5,170 $258,500 $109,100 $149,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1579198

Maine Listings

APN: PTLD-000432-000000-C003001