NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,044,000

5 Beds
3 Baths
2,934 Sq Ft
$334/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $650,000 $222 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,918/month

4 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • New Englander Architecture
  • Dora L. Small Elementary School Rated 9+
  • Wood Flooring
  • 4-minute walk to School Street Playground

About This Home

As of March 2021

This 2 unit in Ferry Village is not to be missed! Well-maintained and with a strong rental history, this property sits just off of Portland Harbor; close to many marinas, the beach and the greenbelt walkway. Top it off with seasonal views of Portland's East End!
On the first floor, you'll find a 2 bedroom apartment with access to a private yard. The sprawling second floor unit boasts 3 bedrooms including the primary room with vaulted ceilings, newer bathrooms, large private decks and yard, and 2 car garage. Wonderful opportunity to owner-occupy or rent out both units for cash flow.

Last Agent to Sell the Property

Veronica Schneider

Portside Real Estate Group Listed on: 02/18/2021

Last Buyer's Agent

Erin Grady

Bostwick and Company, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,183

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 2,934 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Exterior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near a golf course

Utilities

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

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number SPOR-000008-000000-000033

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ferry Village Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $12,042
  • Gross Income $45,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,183

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Ferry Village
  • Directions: Broadway to Mussey St to High St to 182 High Street
  • Above Grade Finished Sq Ft: 2934.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2934.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 45900.0
  • Income Expenses Operating Expenses: 12041.6
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Doghouse, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Attic, Pantry, Storage, Primary Bedroom w/Bath
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Near Golf Course, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, 5 - 10 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: SPOR-000008-000000-000033
  • Zoning: G

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45900.0
  • Annual Operating Expense: 12041.6

Tax Info

  • Tax Annual Amount: 6183.0
  • Tax Book Number: 33488
  • Tax Lot: 33
  • Tax Map Number: 8
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2016
Closed on
Oct 3, 2016
Sold by
Vashon Calvin and Frederick Melissa J
Bought by
Miller Laura S and Miller Conor C
Seller's Agent
John Hatcher
Keller Williams Realty
Buyer's Agent
Veronica Schneider
Downeast Realty, Inc.
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%
Current Estimated Value
$979,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,274
Avg. Annual Appreciation
8.43%
Original Mortgage
$352,500
Outstanding Balance
$282,326
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$696,948

Purchase Details

Closed on
Apr 23, 2015
Sold by
Vashon Calvin
Bought by
Vashon Calvin and Frederick Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,574
Interest Rate
3.86%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Miller Laura S -- --
Vashon Calvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Laura S $352,500
Previous Owner Vashon Calvin $340,574
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2021 03/30/21 Sold $650,000 +8.3% $222 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $599,999 +27.7% $204 / Sq Ft
09/30/2016 09/30/16 Sold $470,000 -5.1% $160 / Sq Ft View Prior Sale
07/11/2016 07/11/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $495,000 -- $169 / 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 $9,384 $710,900 $247,500 $463,400
2023 $7,744 $547,700 $174,000 $373,700
2022 $7,388 $474,800 $139,200 $335,600
2021 $6,980 $474,800 $139,200 $335,600
2020 $6,393 $323,700 $107,100 $216,600
2019 $6,037 $323,700 $107,100 $216,600
2018 $5,867 $323,700 $107,100 $216,600
2017 $5,827 $323,700 $107,100 $216,600
2016 $5,252 $296,700 $97,400 $199,300
2015 $5,163 $296,700 $97,400 $199,300
2014 $5,074 $296,700 $97,400 $199,300
2013 -- $296,700 $97,400 $199,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1482345

Maine Listings

APN: SPOR-000008-000000-000033