NOT LISTED FOR SALE

Estimated Value: $727,000 - $768,000

5 Beds
2 Baths
2,632 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $620,000 $236 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,528/month

8 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • Zoned Heating
  • Wood Flooring
  • No HOA
  • 3-minute walk to Belmeade Park

About This Home

As of October 2022

This bright and charming three-level duplex not only serves as a well-maintained, loved and bountiful income property, but could make a lovely condo conversion. It is perfectly located in the coveted Oakdale neighborhood, just around the corner from USM and Baxter Blvd with just a short drive to downtown Portland's Old Port.
With several updates and maintenance items taken care of, off street parking, and excellent tenants, this truly is an opportunity you do not want to miss. ALL OFFERS DUE: Wednesday, October 5th by 5pm. Please allow 24 hours to review.

Last Agent to Sell the Property

Hannah Finegold

Real Broker Listed on: 09/30/2022

Real Broker

Last Buyer's Agent

Anthony Galli

Greater Portland Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,093

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Tile Roof
  • Shingle Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,632 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number PTLD-000116-D000023-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Usm Oakdale Subdivision

Building Details

  • Operating Expense $3,597
  • Gross Income $42,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,093

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: USM- Oakdale
  • Directions: Deering Avenue or Forest Avenue to Fessenden Street. #20-22
  • Above Grade Finished Sq Ft: 2632.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1921
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2632.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: 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
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 42540.0
  • Income Expenses Operating Expenses: 3597.0
  • Parking:On Site2: Yes
  • Heat System:Steam: Yes
  • Parking:Paved3: Yes
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • RoofTile: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Neighborhood
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle, Tile
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Multi-Zones
  • 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: 4791.6
  • Parcel #: PTLD-000116-D000023-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 42540.0
  • Annual Operating Expense: 3597.0

Tax Info

  • Tax Annual Amount: 6093.0
  • Tax Book Number: 35549
  • Tax Lot: 23
  • Tax Map Number: 116
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Oct 26, 2022
Sold by
Cal Maine Properties Llc
Bought by
Alpine Rt
Seller's Agent
Hannah Finegold
Real Broker
Buyer's Agent
Anthony Galli
Greater Portland Realty
List Price
$639,500
Sold Price
$620,000
Premium/Discount to List
-$19,500
-3.05%
Current Estimated Value
$746,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,366
Avg. Annual Appreciation
4.00%

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 28, 2019
Sold by
Best Matthew S and Best Sara S
Bought by
Cal Maine Properties Llc
Seller's Agent
Shea McGonigal
Beacon Realty
Buyer's Agent
Hannah Finegold
Real Broker
List Price
$445,000
Sold Price
$407,500
Premium/Discount to List
-$37,500
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 1, 2015
Sold by
King Catherine M and King 3Rd Angus S
Bought by
Best Sara S and Best Matthew S
Seller's Agent
Daniel Lucas
Lucas Real Estate
Buyer's Agent
Shea McGonigal
Benchmark Real Estate
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$251,250
Interest Rate
3.76%
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
Alpine Rt $620,000 None Available
Cal Maine Properties Llc -- --
Best Sara S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Best Sara S $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $620,000 -3.0% $236 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $639,500 +56.9% $243 / Sq Ft
03/28/2019 03/28/19 Sold $407,500 -8.4% $184 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $445,000 +32.8% $201 / Sq Ft
04/30/2015 04/30/15 Sold $335,000 0.0% $151 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $335,000 -- $151 / 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 $7,041 $469,100 $91,200 $377,900
2023 $6,760 $469,100 $91,200 $377,900
2022 $6,384 $469,100 $91,200 $377,900
2021 $6,094 $469,100 $91,200 $377,900
2020 $6,319 $271,100 $85,700 $185,400
2019 $6,319 $271,100 $85,700 $185,400
2018 $5,917 $263,200 $85,700 $177,500
2017 $5,698 $263,200 $85,700 $177,500
2016 $5,556 $263,200 $85,700 $177,500
2015 $5,096 $247,000 $85,700 $161,300
2014 -- $247,000 $85,700 $161,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1544307

Maine Listings

APN: PTLD-000116-000000-D023001