NOT LISTED FOR SALE

Estimated Value: $1,083,000 - $2,463,410

4 Beds
4 Baths
3,161 Sq Ft
$543/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,900,000 $601 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $10,494/month

6 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Nearby Water Access
  • The property is located in a historic district
  • 4-minute walk to Eastern Promenade Park

About This Home

As of December 2021

Historic architecture meets modern design - this stately Greek Revival 3-unit home is a one-of-a-kind property with preserved architectural details & considerate design upgrades throughout. On the corner of Fore & Atlantic Streets, the property overlooks Portland Harbor & is steps to the Eastern Promenade or a short walk into the Old Port. Each of the units has a private entrance. A spectacular owner's unit spans the first level, with a private yard & direct access to the 2-car garage. Bespoke design enhances the kitchen & bath, while master craftsmanship is evident in the great room. Whether hosting a crowd or enjoying a quiet evening, the chef's kitchen with lounge & custom built-in bar are sure to please. Two bedrooms plus den/office space offer ample room to live & grow. Two additional furnished rentals make this a special offering. The upper unit is a charming 2-bedroom mix of historic details & modern luxury in the kitchen & bath. Bonus attic storage & stairs to a widow's walk w/ panoramic views! The lower level is an updated 1-bed unit with modern galley kitchen flowing into living/dining area with an adjoining bedroom & en-suite bath. This is a unique opportunity to be the next steward of this special Portland home or turn-key investment! Showings by appointment only, Friday, Saturday & Sunday from 12-1pm.

Last Agent to Sell the Property

David Marsden

Marsden Real Estate Listed on: 10/06/2021

Last Buyer's Agent

Mary Libby

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,229

Year Built

  • Built in 1824

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista

Home Design

  • Greek Revival Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Masonry

Interior Spaces

  • 3-Story Property
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 4 Full Bathrooms
  • Bathtub
  • Shower Only

Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Patio

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / F
  • Assessor Parcel Number PTLD-000016-F000011-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Munjoy Hill Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $20,842
  • Gross Income $58,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,229

Year Built

Built in 1824

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: Munjoy Hill
  • Directions: From the Old Port, head up Fore Street towards Eastern Promenade. Home is on the corner of Atlantic Street.
  • Above Grade Finished Sq Ft: 2171.0
  • Architectural Style: Greek-Revival
  • Garage Yn: Yes
  • Year Built: 1824
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2171.0
  • Property Information:SqFt Finished Below Grade: 990.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: 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
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 58800.0
  • Income Expenses Operating Expenses: 20842.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Direct Vent Heater: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Style:Greek-Revival: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Interior Entry
  • Full Bathrooms: 4
  • Below Grade Sq Ft: 990.0
  • Flooring: Wood, Tile
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
  • Stories: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Sidewalks, Landscaped, Historic District, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Patio And Porch Features: Patio
  • Roof: Membrane, Metal, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: PTLD-000016-F000011-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 58800.0
  • Annual Operating Expense: 20842.0

Tax Info

  • Tax Annual Amount: 14229.25
  • Tax Block: F
  • Tax Book Number: 13161
  • Tax Lot: 11
  • Tax Map Number: 16
  • Tax Year: 21

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $1,900,000 +12.1% $601 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,695,000 -- $536 / 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 $16,817 $1,120,400 $532,300 $588,100
2023 $16,145 $1,120,400 $532,300 $588,100
2022 $15,249 $1,120,400 $532,300 $588,100
2021 $14,554 $1,120,400 $532,300 $588,100
2020 $9,261 $397,300 $156,500 $240,800
2019 $9,261 $397,300 $156,500 $240,800
2018 $8,931 $397,300 $156,500 $240,800
2017 $8,602 $397,300 $156,500 $240,800
2016 $8,387 $397,300 $156,500 $240,800
2015 $8,196 $397,300 $156,500 $240,800
2014 $7,946 $397,300 $156,500 $240,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1511258

Maine Listings

APN: PTLD-000016-000000-F011001