NOT LISTED FOR SALE

Estimated Value: $182,000 - $419,000

1.26 Acres
$229,202 Price per Acre
54,886 Sq Ft Lot

Last Sold October 02, 2020

Last sale price $157,500

Est. 110% increase in value since last sale

Current estimated payment $1,996/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Wooded Lot
  • Open Lot
  • 1.26 Acre Lot

About This Lot

As of October 2020

Rare 1+ acre lot available in a newer subdivision in the desirable Ledgewood Drive neighborhood. This private wooded lot backs up to conservation land and the Portland Trails system, and is just five minutes to downtown amenities, award-winning restaurants and culture.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 08/04/2020

RE/MAX By The Bay

Last Buyer's Agent

Nicholas Guerrette

RE/MAX Shoreline

RE/MAX Shoreline

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,255

Lot Details

  • 1.26 Acre Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Views of Woods

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Underground Utilities
  • Natural Gas Not Available
  • Septic Needed
  • Septic Design Available

Community Details

  • Old Barn Estates Subdivision

Listing and Financial Details

  • Tax Lot 12/22
  • Assessor Parcel Number PTLD-000414-000000-A012001

Property Details

Property Type

Land

Est. Annual Taxes

$2,255

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.26
  • MLS Status: Closed
  • Subdivision Name: Old Barn Estates
  • Directions: Ocean Ave to Ledgewood to Ice Pond Driveway on left. Second driveway on left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.26
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Water:Public3: Yes
  • Location Information:Association Fee: 21.0
  • Location Information:Fee Frequency Paid: Monthly
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Design Available: Yes
  • Property Information:Mobile Homes Allowed: No
  • Sewer:Septic Needed: Yes
  • Electric:Underground: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Wooded, Neighborhood, Subdivided
  • View: Trees/Woods
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, On Site

Utilities

  • Electric: Underground
  • Sewer: Septic Design Available, Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 21.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Lot Size Sq Ft: 54885.6
  • Parcel #: PTLD-000414-000000-A012001
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 2255.0
  • Tax Book Number: 36758
  • Tax Lot: 12/22
  • Tax Map Number: 414/415
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 2, 2020
Sold by
Waterman David H and Waterman Margaret R
Bought by
Welch Brittany F and Welch Matthew J
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Nicholas Guerrette
RE/MAX Shoreline
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%
Current Estimated Value
$331,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,886
Avg. Annual Appreciation
14.18%
Original Mortgage
$118,125
Outstanding Balance
$109,550
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$190,139

Purchase Details

Listed on
Dec 30, 2019
Closed on
May 29, 2020
Sold by
Stacey Scott
Bought by
Waterman David H and Waterman Margaret R
Seller's Agent
Michael Jacobson
Kre Brokerage Group
Buyer's Agent
David Banks
RE/MAX By The Bay
List Price
$159,900
Sold Price
$152,500
Premium/Discount to List
-$7,400
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$114,375
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Welch Brittany F -- None Available
Waterman David H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Brittany F $118,125
Previous Owner Waterman David H $114,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $157,500 -1.5% --
08/11/2020 08/11/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $159,900 +4.9% --
06/03/2020 06/03/20 Sold $152,500 -4.6% --
05/01/2020 05/01/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $159,900 -- --
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 $1,930 $128,600 $128,600 $0
2023 $1,853 $128,600 $128,600 $0
2022 $1,750 $128,600 $128,600 $0
2021 $1,671 $128,600 $128,600 $0
2020 $2,555 $109,600 $109,600 $0
2019 $2,555 $109,600 $109,600 $0
2018 $2,373 $109,600 $109,600 $0
2017 $2,373 $109,600 $109,600 $0
2016 $2,314 $109,600 $109,600 $0
2015 $2,261 $109,600 $109,600 $0
2014 $2,192 $109,600 $109,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1463002

Maine Listings

APN: PTLD-000414-000000-A012001