NOT LISTED FOR SALE

1642 Forest Ave Portland, ME 04103

Riverton Neighborhood

Estimated Value: $600,297 - $689,000

4 Beds
2.5 Baths
2,180 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $300,000 $138 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,255/month

172 Days on Market

Highlights

  • 2.56 Acre Lot
  • Property is near public transit
  • Wood Flooring
  • Colonial Architecture
  • Wooded Lot
  • Main Floor Bedroom

About This Home

As of September 2017

Charming 1920 2-Family Colonial situated on a large 2.56AC lot w/sunporch, breezeway & attached 2-car gar. Well maintained but needs updating. Convenient to local amenities. Great for owner occupancy with rental income or investment. Excess land in rear portion of lot has potential to be sold to an abutter! FHW heating system only 3 yrs old. Owner occupied since 1924. Apartment was rented to a friend at minimal rent for many years.

Last Agent to Sell the Property

Carol Woodman

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/09/2017

Last Buyer's Agent

Mark Fortier

RE/MAX Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1920

Lot Details

  • 2.56 Acre Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storm Doors
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Shed
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 51/51001 / D
  • Assessor Parcel Number PTLD-000299-000000-D051001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Roseland Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,835

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.56
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Roseland
  • Directions: Forest Ave. (Route 302) between Farnham St. & Roseland School. Coming from Westbrook on right. Coming from Portland on left.
  • Above Grade Finished Sq Ft: 2180.0
  • Architectural Style: Duplex, Colonial
  • Garage Yn: Yes
  • Efficiency: Storm Doors, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 2.56
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2180.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: 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
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Site:Wooded: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Ceiling Fans: Yes
  • Utility Info Electric On Site: Yes
  • Exterior:Aluminum Siding: Yes
  • Foundation Materials:Granite2: Yes
  • Transportation:Public Transport Access: Yes
  • Electric:Fuses: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Stone, Granite, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 111513.6
  • Parcel #: PTLD-000299-000000-D051001
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6835.0
  • Tax Block: D
  • Tax Book Number: 3404
  • Tax Lot: 51/51001
  • Tax Map Number: 299
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
7 Saunders Ave Llc
Bought by
Spear Willis M
Total Days on Market
172
Current Estimated Value
$651,824

Purchase Details

Listed on
Mar 9, 2017
Closed on
Sep 20, 2017
Sold by
Amergian Madelyn A Est
Bought by
7 Saunders Ave Llc
Seller's Agent
Carol Woodman
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Mark Fortier
RE/MAX Coastal
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Source: Public Records

Range of Values:

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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
Spear Willis M -- --
7 Saunders Ave Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 Saunders Ave Llc $371,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $300,000 -15.5% $138 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $355,000 -- $163 / 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 $7,148 $476,200 $62,700 $413,500
2023 $6,862 $476,200 $62,700 $413,500
2022 $6,481 $476,200 $62,700 $413,500
2021 $6,186 $476,200 $62,700 $413,500
2020 $5,709 $244,900 $69,700 $175,200
2019 $5,709 $244,900 $69,700 $175,200
2018 $6,545 $318,800 $143,600 $175,200
2017 $7,010 $323,800 $143,600 $180,200
2016 $6,835 $323,800 $143,600 $180,200
2015 $6,680 $323,800 $143,600 $180,200
2014 $6,476 $323,800 $143,600 $180,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carol Woodman

    Better Homes & Gardens Real Estate/The Masiello Group

  • M

    Buyer's Agent in 2017

    Mark Fortier

    RE/MAX

    (207) 831-1257

    36 Total Sales

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Map

Source: Maine Listings

MLS Number: 1297048

Maine Listings

APN: PTLD-000299-000000-D051001

Maine Cumberland County Portland 04103 Riverton

1642 Forest Ave, Portland, ME

This home is located at 1642 Forest Ave, Portland, ME 04103 since 09 March 2017 and is currently estimated at $651,824, approximately $299 per square foot. This property was built in 1920. 1642 Forest Ave is a home located in Cumberland County with nearby schools including Gerald E. Talbot Community School, Lincoln Middle School, and St. Brigid School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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