NOT LISTED FOR SALE

171 Cottage Rd South Portland, ME 04106

Meetinghouse Hill Neighborhood

Estimated Value: $783,000 - $995,000

6 Beds
3 Baths
3,348 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $280,000 $84 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $5,465/month

22 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Level Lot
  • Detached Garage
  • Baseboard Heating
  • Carpet

About This Home

As of April 2012

Great 3 unit with 2 bedrooms each. Separate heating, electrical & hot water. Fully rented with good rental history. Plenty of off street parking, garage and storage. All units have the same layout.

Last Agent to Sell the Property

Mony Hang

RE/MAX By The Bay Listed on: 02/06/2012

Last Buyer's Agent

April Cohen

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1920

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,348 Sq Ft Home
  • Flat Roof Shape
  • Wood Frame Construction
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Driveway

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 171-173Cottage RoadSouthPor13125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,467

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Broadway to Cottage Road. Property is across from Reds Ice Cream.
  • Above Grade Finished Sq Ft: 3348.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1920
  • 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: 3348.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Gas:Natural - At Street: Yes
  • Washer/Dryer Other Location: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Full Basement: Yes
  • Appliances:Water Heater Rented: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Shopping, Other
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard, Hot Air
  • 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: 5227.2
  • Parcel #: 171-173Cottage RoadSouthPor13125
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5467.0
  • Tax Book Number: 24890
  • Tax Lot: 125
  • Tax Map Number: 13
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
Apr 27, 2012
Sold by
Summit Re Llc
Bought by
Yean Sokunthy
Seller's Agent
Mony Hang
RE/MAX By The Bay
Buyer's Agent
April Cohen
Bean Group
List Price
$289,500
Sold Price
$280,000
Premium/Discount to List
-$9,500
-3.28%
Current Estimated Value
$858,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,000
Avg. Annual Appreciation
7.70%
Original Mortgage
$272,902
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2007
Sold by
Whitten Susan A
Bought by
Herczeg Edward R and Herczeg Donna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Yean Sokunthy -- --
Herczeg Edward R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yean Sokunthy $390,000
Closed Yean Sokunthy $272,902
Closed Summit Re Llc $220,000
Closed Herczeg Edward R $273,000
Closed Herczeg Edward R $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2012 04/19/12 Sold $280,000 -3.3% $84 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/11/2012 02/11/12 For Sale $289,500 -- $86 / 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 $9,588 $726,400 $214,300 $512,100
2023 $8,263 $584,400 $140,900 $443,500
2022 $7,942 $510,400 $112,700 $397,700
2021 $7,503 $510,400 $112,700 $397,700
2020 $7,007 $354,800 $89,800 $265,000
2019 $584 $354,800 $89,800 $265,000
2018 $501 $354,800 $89,800 $265,000
2017 $6,386 $354,800 $89,800 $265,000
2016 $6,066 $342,700 $77,700 $265,000
2015 $5,963 $342,700 $77,700 $265,000
2014 $5,860 $342,700 $77,700 $265,000
2013 -- $342,700 $77,700 $265,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mony Hang

    RE/MAX

    Section Image

  • A

    Buyer's Agent in 2012

    April Cohen

    Bean Group

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Map

Source: Maine Listings

MLS Number: 1041713

Maine Listings

APN: SPOR-000013-000000-000125

Maine Cumberland County South Portland 04106 Meetinghouse Hill

171 Cottage Rd, South Portland, ME

This home is located at 171 Cottage Rd, South Portland, ME 04106 since 06 February 2012 and is currently estimated at $858,000, approximately $256 per square foot. This property was built in 1920. 171 Cottage Rd is a home located in Cumberland County with nearby schools including Frank I. Brown Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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