NOT LISTED FOR SALE

197 Sheridan St Unit 4 Portland, ME 04101

East End Neighborhood

Estimated Value: $1,237,270 - $1,460,000

3 Beds
2.5 Baths
2,315 Sq Ft
$594/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $1,420,000 $613 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,043/month

19 Days on Market

Highlights

  • Ocean Front
  • Deck
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Nearby Water Access
  • Contemporary Architecture
  • 3-minute walk to Fort Sumner Park

About This Home

As of June 2023

You will not BELEIVE the views! Come see this sophisticated and elegant town house in the East End. This end unit home is bathed in natural light from sunrise until sunset. Vertical Living has never been easier with its own private elevator and modern open staircase. There is a spacious 2 car garage on the first level along with a large closet/storage room. The 2nd level has 2 graciously sized bedrooms with full bath and an extra room for storage or workspace. The living level is modern, efficient and spans the entire floor. View the city beneath you from the large deck. The kitchen is well appointed and boasts a large pantry, stainless steel appliances including a Wolf gas range. The living/dining area is open and bright with windows on 3 sides. Plenty of room for entertaining and quiet evenings. The top floor can be used as a primary suite with walk through closet and full bath with separate tub and shower or a private top floor living area with amazing views! You can enjoy the lights of the city at night and see awesome views of the white mountains over Back Cove. But wait - the most inviting roof top deck is waiting up one flight of stairs. Enjoy solitude and panoramic city and Back Cove views or have friends over for an evening under the stars.

Last Agent to Sell the Property

Edmund Gardner III

Gardner Real Estate Group Listed on: 05/03/2023

Last Buyer's Agent

Jean Murphy Richard Murphy

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,321

Year Built

  • Built in 2015

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Property Views

  • Water
  • Scenic Vista
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,315 Sq Ft Home
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Nearby Water Access
  • Property Near A Cove
  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 004 / H001
  • Assessor Parcel Number PTLD-000012-H000001-000004

Community Details

Overview

  • 6 Units

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,321

Year Built

Built in 2015

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Back Cove
  • MLS Status: Closed
  • Directions: From Washington Avenue, turn onto Walnut Street, turn left onto Sheridan Street
  • Above Grade Finished Sq Ft: 2315.0
  • Architectural Style: Contemporary, Townhouse
  • Garage Yn: Yes
  • Year Built: 2015
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2315.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 450.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Recreational Water:Nearby: Yes
  • Basement:Slab2: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Appliances Included:Gas Range: Yes
  • View:Scenic: Yes
  • View:Mountain(s): Yes
  • Parking Other Parking: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Floors:Concrete2: Yes
  • Construction:Steel Frame: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Washer/Dryer Other Location: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Under: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Flat: Yes
  • Condominium:Total Units4: 29
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Style:Townhouse: Yes
  • Room Features:LaundryLaundry Hook-up17: Yes
  • Primary Bedroom Amenities:LaundryLaundry Hook-up6: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Disposal, Dishwasher
  • Accessibility Features: Elevator/Chair Lift
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Other, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: Third
  • Kitchen Kitchen Level: Third
  • Living Room Living Room Level: Third
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Intown, Near Shopping, Near Town, Neighborhood, Other
  • View: Mountain(s), Scenic
  • Waterfront Features: Cove, Ocean
  • Waterfront: No
  • Construction Type: Composition, Steel Frame, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Other, Common, On Site, Garage Door Opener, Inside Entrance, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Security: Fire System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000012-H000001-000004
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 29

Tax Info

  • Tax Annual Amount: 10321.0
  • Tax Block: H001
  • Tax Book Number: 33632
  • Tax Lot: 004
  • Tax Map Number: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2016
Closed on
Nov 22, 2016
Sold by
Powers Catherine
Bought by
Stanley Steven C
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Edmund Gardner
Ocean Gate Realty, LLC.
List Price
$767,000
Sold Price
$760,000
Premium/Discount to List
-$7,000
-0.91%
Current Estimated Value
$1,375,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,757
Avg. Annual Appreciation
7.04%
Original Mortgage
$608,000
Interest Rate
3.42%
Mortgage Type
Unknown
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
Stanley Steven C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Stanley Steven C $510,400
Closed Stanley Steven C $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $1,420,000 -1.7% $613 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,445,000 +90.1% $624 / Sq Ft
11/21/2016 11/21/16 Sold $760,000 -0.9% $328 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $767,000 -- $331 / 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 $11,925 $794,500 $158,900 $635,600
2023 $11,449 $794,500 $158,900 $635,600
2022 $10,813 $794,500 $158,900 $635,600
2021 $10,321 $794,500 $158,900 $635,600
2020 $12,305 $527,900 $105,600 $422,300
2019 $12,305 $527,900 $105,600 $422,300
2018 $11,867 $527,900 $105,600 $422,300
2017 $11,429 $527,900 $105,600 $422,300
2016 $11,144 $527,900 $105,600 $422,300
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1557844

Maine Listings

APN: PTLD-000012-000000-H001004