NOT LISTED FOR SALE

Estimated Value: $732,000 - $783,000

5 Beds
2 Baths
2,320 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $665,000 $287 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,606/month

6 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Deck
  • 1 Fireplace
  • Patio

About This Home

As of April 2023

Calling all investors & owner occupants! Turn-key renovated two-unit in a prime Portland location. Welcome to 21 Edwards Street Portland! This property features two large residential units. The first floor is 23 Edwards Street, which has 2 bedrooms and a large office/flex space that could be a third bedroom. It has an open concept with a beautiful brick fireplace feature at its center. The unit has been painted throughout, new ceilings in bedrooms, new flooring in kitchen, all the hardwoods were refinished as well, updated appliances, new granite & fixtures. The second floor has a brand new kitchen & new refrigerator & microwave, new bathroom, all new fixtures & was painted throughout. Electrical switched & outlets have been updated in both units. The property has a fenced in back yard, a composite back beck, patio area. There is a large two car detached garage as well. Location is ideal, close to Thompson's Point, 1 mile from Maine Medical Center, minutes to town amenities and downtown Portland.

Last Agent to Sell the Property

Emilie Levecque

Portside Real Estate Group Listed on: 03/08/2023

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1920

Lot Details

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

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,320 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement
  • Doghouse Basement Entry

Flooring

  • Wood
  • Carpet
  • Laminate

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 3 / D
  • Assessor Parcel Number PTLD-000187-D000003-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,300
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,894

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: From Congress Street take right onto Edwards Street, property is a few houses in on your right.
  • Above Grade Finished Sq Ft: 2320.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2320.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 48000.0
  • Income Expenses Operating Expenses: 5300.0
  • Foundation Materials:Block3: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Doghouse, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: PTLD-000187-D000003-000001
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 48000.0
  • Annual Operating Expense: 5300.0

Tax Info

  • Tax Annual Amount: 5894.49
  • Tax Block: D
  • Tax Book Number: 36850
  • Tax Lot: 3
  • Tax Map Number: 187
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 11, 2023
Sold by
Youmans William C
Bought by
Sternasty Katherine M and Smick Zachary I
Seller's Agent
Emilie Levecque
Portside Real Estate Group
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$645,000
Sold Price
$665,000
Premium/Discount to List
$20,000
3.1%
Current Estimated Value
$754,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,360
Avg. Annual Appreciation
5.24%
Original Mortgage
$652,955
Outstanding Balance
$634,473
Interest Rate
6.5%
Mortgage Type
FHA
Estimated Equity
$119,887

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 25, 2020
Sold by
Smith Kyle M and Smith Beth J
Bought by
Youmans William C
Seller's Agent
Anne-Marie Mckenzie
Keller Williams Realty
Buyer's Agent
Emilie Levecque
Townsend Real Estate
List Price
$395,000
Sold Price
$430,000
Premium/Discount to List
$35,000
8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Original Mortgage
$422,211
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2014
Sold by
Mcgillicuddy Elaine G
Bought by
Long Joseph T and Mccauley Lauren

Purchase Details

Closed on
Aug 28, 2012
Sold by
Shaw Peter K and Shaw Barbara G
Bought by
Smith Kyle M and Smith Beth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2006
Sold by
Breault Michael G and Faretra Rosemary
Bought by
Shaw Emily D and Rose Leigh H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sternasty Katherine M $665,000 None Available
Youmans William C -- None Available
Long Joseph T -- --
Smith Kyle M -- --
Shaw Emily D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sternasty Katherine M $652,955
Previous Owner Youmans William C $422,211
Previous Owner Smith Kyle M $279,837
Previous Owner Shaw Emily D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $665,000 +3.1% $287 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $645,000 +50.0% $278 / Sq Ft
06/25/2020 06/25/20 Sold $430,000 +8.9% $185 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $395,000 -- $170 / 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 $7,283 $485,200 $92,400 $392,800
2023 $6,241 $433,100 $92,400 $340,700
2022 $5,894 $433,100 $92,400 $340,700
2021 $5,626 $433,100 $92,400 $340,700
2020 $6,189 $265,500 $86,900 $178,600
2019 $6,189 $265,500 $86,900 $178,600
2018 $5,968 $265,500 $86,900 $178,600
2017 $5,748 $265,500 $86,900 $178,600
2016 $5,605 $265,500 $86,900 $178,600
2015 $5,477 $265,500 $86,900 $178,600
2014 $5,310 $265,500 $86,900 $178,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1553523

Maine Listings

APN: PTLD-000187-000000-D003001