NOT LISTED FOR SALE

Estimated Value: $909,422 - $1,043,000

6 Beds
3 Baths
3,280 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $825,000 $252 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,386/month

26 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Asbestos
  • New Englander Architecture
  • Heating System Uses Steam
  • Level Lot

About This Home

As of December 2021

This beautifully maintained and updated multi-family is located in the desirable west end of Portland. Both units include 3 bedrooms with the upstairs unit having potential for 4th bedroom, fully remodeled bathrooms, and updated electrical work. Upstairs unit lease ending in September creating a great owner occupant option in the historic west end! Off street parking, walking distance to restaurants, shops, and hospital are just some of the perks to this multi-level New Englander.

Last Agent to Sell the Property

Philippe Bourassa

Maine Real Estate Co Listed on: 07/28/2021

Last Buyer's Agent

Jessie L'Heureux Herod

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 3,280 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 20-22MarshallStPortland04102

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,459

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Closed
  • Directions: From 295 take Congress St towards downtown Portland. Turn right onto Bramhall St followed by a slight left onto Vaughan St. Continue to West St where you take a left followed by a left onto Marshall St.
  • Above Grade Finished Sq Ft: 3280.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3280.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: 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
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 56400.0
  • Income Expenses Operating Expenses: 5000.0
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Water Heater:Tank: Yes
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • 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: 2613.6
  • Parcel #: 20-22MarshallStPortland04102
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 56400.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 6459.0
  • Tax Book Number: 35699
  • Tax Lot: 20
  • Tax Map Number: 63
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Dec 7, 2021
Sold by
Freeman Kelly M and Freeman Randy S
Bought by
Lawless Sean P and Lawless Molly S
Seller's Agent
Philippe Bourassa
Maine Real Estate Co
Buyer's Agent
Jessie L'Heureux Herod
Keller Williams Realty
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Current Estimated Value
$990,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,356
Avg. Annual Appreciation
4.53%
Original Mortgage
$577,500
Outstanding Balance
$536,760
Interest Rate
3.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$427,823

Purchase Details

Closed on
Jun 3, 2019
Sold by
20-22 Marshall Street Llc
Bought by
Freeman Kelly M and Freeman Randy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Closed on
Dec 7, 2018
Sold by
Gott Elizabeth and Follansbee Frederick G
Bought by
20 & 22 Marshall Street Llc

Purchase Details

Closed on
May 24, 2011
Sold by
Bouchard Hillary J
Bought by
Gott Elizabeth and Follansbee Frederick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,610
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2007
Sold by
Szanto David A
Bought by
Chappell George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,400
Interest Rate
6.3%
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
Lawless Sean P -- None Available
Freeman Kelly M -- --
20 & 22 Marshall Street Llc -- --
Gott Elizabeth -- --
Chappell George M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Sean P $577,500
Previous Owner Freeman Kelly M $599,000
Previous Owner Gott Elizabeth $263,610
Previous Owner Chappell George M $240,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $825,000 -7.8% $252 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $895,000 -- $273 / 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 $10,430 $694,900 $272,200 $422,700
2023 $10,014 $694,900 $272,200 $422,700
2022 $9,458 $694,900 $272,200 $422,700
2021 $9,027 $694,900 $272,200 $422,700
2020 $6,459 $277,100 $137,200 $139,900
2019 $6,459 $277,100 $137,200 $139,900
2018 $5,999 $277,100 $137,200 $139,900
2017 $5,999 $277,100 $137,200 $139,900
2016 $5,850 $277,100 $137,200 $139,900
2015 $5,717 $277,100 $137,200 $139,900
2014 $5,542 $277,100 $137,200 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1502618

Maine Listings

APN: PTLD-000063-000000-C020001