NOT LISTED FOR SALE

18 Codman St Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $807,000 - $1,125,428

4 Beds
3 Baths
2,655 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $535,000 $202 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,690/month

7 Days on Market

Highlights

  • Public Beach
  • Deck
  • Wood Flooring
  • Colonial Architecture
  • Property is near public transit
  • 1-minute walk to Heseltine Park

About This Home

As of August 2018

Classic Back Cove 2 Family. Both apartments are spacious and bright. The owner occupied 1st floor has living, dining, kitchen, 2 bedrooms, and 1 bath. The rented 2nd floor apartment has tenant at will with 2 bedrooms and bath on 2nd level and walk-up stairway to remodeled 3rd floor which features a large bedroom, and bath with washer/dryer, skylights and hardwood floors. Dining Rooms have original built-in wood China cabinets. Other features are high ceilings, original wood molding on windows and doors and beautiful hardwood floors throughout, 2 front porches and 2 back decks. Also, offers 2 car garage and ample parking in driveway. Nice fenced in rear yard. Excellent location. Close to everything Portland has to offer. Showings require 24 hour notice. 2 Group showings: Monday June 18th from 12-1pm and Thursday June 21st from 12-1pm.

Last Agent to Sell the Property

Judith Kelly

Bay Realty Listed on: 06/17/2018

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,655 Sq Ft Home
  • 3-Story Property
  • Stove
  • Laundry on upper level
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Gas Water Heater
  • Water Heater Leased
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 001 / h003
  • Assessor Parcel Number PTLD-000129-000000-H003001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • MLS Status: Closed
  • Directions: Forest Avenue North, Right on Allen Avenue to Codman Street to #18 on the Left.
  • Above Grade Finished Sq Ft: 2655.0
  • Architectural Style: Colonial, Multi-Level, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 201.51
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2655.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Equipment:Cable: Yes
  • Heat System:Radiator: Yes
  • Location:Near Railroad: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Advertising Remarks:Advertising Remarks: Classic Back Cove 2 Family. Both apartments are spacious and bright. The owner occupied 1st floor has living, dining, kitchen, 2 bedrooms, and 1 bath. The rented 2nd floor apartment has tenant at will with 2 bedrooms and bath on 2nd level and walk-up stairway to remodeled 3rd floor which features a large bedroom, and bath with washer/dryer, skylights and hardwood floors. Dining Rooms have original built-in wood China cabinets. Other features are high ceilings, original wood molding on windows and doors and beautiful hardwood floors throughout, 2 front porches and 2 back decks. Also, offers 2 car garage and ample parking in driveway. Nice fenced in rear yard. Excellent location. Close to everything Portland has to offer. Showings require 24 hour notice. Call Judy Kelly, Bay Realty, 207-415-6423 cell for more information.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub
  • Full Basement: Yes
  • Appliances:Water Heater Rented: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Other
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Steam, Radiator, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: PTLD-000129-000000-H003001
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6450.0
  • Tax Block: h003
  • Tax Lot: 001
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2018
Closed on
Aug 31, 2018
Sold by
Finn Barbara J
Bought by
Thress Wendy E and Thress Thomas E
Seller's Agent
Judith Kelly
Bay Realty
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Current Estimated Value
$941,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,857
Avg. Annual Appreciation
8.08%
Original Mortgage
$454,750
Outstanding Balance
$390,268
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$551,589
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thress Wendy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thress Wendy E $454,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $535,000 -2.7% $202 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/17/2018 06/17/18 For Sale $550,000 -- $207 / 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 $8,995 $599,300 $151,400 $447,900
2023 $8,636 $599,300 $151,400 $447,900
2022 $8,156 $599,300 $151,400 $447,900
2021 $7,785 $599,300 $151,400 $447,900
2020 $7,382 $316,700 $114,900 $201,800
2019 $7,382 $316,700 $114,900 $201,800
2018 $6,450 $316,700 $114,900 $201,800
2017 $6,857 $316,700 $114,900 $201,800
2016 $6,686 $316,700 $114,900 $201,800
2015 $6,534 $316,700 $114,900 $201,800
2014 $6,334 $316,700 $114,900 $201,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Judith Kelly

    Bay Realty

  • Jeffrey Mateja

    Buyer's Agent in 2018

    Jeffrey Mateja

    Keller Williams Realty

    (207) 879-9800

    3 in this area

    878 Total Sales

    Jeffrey Mateja
    Section Image
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Map

Source: Maine Listings

MLS Number: 1356385

Maine Listings

APN: PTLD-000129-000000-H003001

Maine Cumberland County Portland 04103 Back Cove

18 Codman St, Portland, ME

Not Listed for Sale

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