NOT LISTED FOR SALE

Estimated Value: $754,000 - $846,000

5 Beds
3 Baths
3,584 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $700,000 $195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,344/month

197 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Victorian Architecture
  • 2-minute walk to Heseltine Park

About This Home

As of December 2021

Large and well maintained Back Cove 3 unit with 3 car garage! The first and second floor are very sunny apartments and each have wonderfully updated kitchens, large dining rooms, bay window living rooms, large sunrooms and two bedrooms with large closets. The third floor is a 4 room one bedroom apartment with a private deck overlooking the raised garden beds in the back yard. The building has a newer roof, replacement windows, and efficient heat systems making this an easy investment property for your portfolio or an excellent owner occupied place to call home. Currently, the second floor and third floor apartments are on a one years lease but the first floor is a tenant at will. The sellers are having the trim, porches, decks, and garage freshly painted in July.

Last Listed By

Edmund Gardner III

Gardner Real Estate Group Listed on: 04/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,794

Year Built

  • Built in 1884

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a private road
  • Open Lot

Parking

  • 3 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,584 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Screened Porch
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Exclusions: 1st floor Viking Stove and Island
  • Legal Lot and Block 8 / C
  • Assessor Parcel Number PTLD-000138-C000008-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Back Cove Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $9,735
  • Gross Income $51,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,794

Year Built

Built in 1884

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Back Cove
  • Directions: Ocean Ave. to Sawyer Street to #21
  • Above Grade Finished Sq Ft: 3584.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1884
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.22
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3584.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 3.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 51900.0
  • Income Expenses Operating Expenses: 9735.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Building Info:_pound_ Floors3: 3
  • Patio and Porch Features:Porch-Screened: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: 1st Floor Bedroom, Shower, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Near Shopping, Neighborhood
  • Waterfront: No
  • Exclusions: 1st floor Viking Stove and Island
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, On Site, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Hot Air
  • 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: 9583.2
  • Parcel #: PTLD-000138-C000008-000001
  • Zoning: R-5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 51900.0
  • Annual Operating Expense: 9735.0

Tax Info

  • Tax Annual Amount: 8794.0
  • Tax Block: C
  • Tax Book Number: 35682
  • Tax Lot: 8
  • Tax Map Number: 138
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Dec 30, 2021
Sold by
Rjesp Llc
Bought by
Knowlton Jay
Seller's Agent
Edmund Gardner III
Gardner Real Estate Group
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$825,000
Sold Price
$700,000
Premium/Discount to List
-$125,000
-15.15%
Total Days on Market
197
Current Estimated Value
$807,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,333
Avg. Annual Appreciation
4.27%
Original Mortgage
$560,000
Outstanding Balance
$521,353
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,980

Purchase Details

Closed on
May 24, 2019
Sold by
Peck Susan E and Coffin Philip M
Bought by
Rjesp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2006
Sold by
Delpaul 1 Llc
Bought by
Crowley Paul S and Pooler Delia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2005
Sold by
Duplissie James M
Bought by
Delpaul 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.82%
Mortgage Type
Unknown

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
Knowlton Jay -- None Available
Rjesp Llc -- --
Crowley Paul S -- --
Delpaul 1 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowlton Jay $200,000
Open Knowlton Jay $560,000
Previous Owner Rjesp Llc $290,000
Previous Owner Coffin 3Rd Philip M $332,312
Previous Owner Crowley Paul S $335,000
Previous Owner Delpaul 1 Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $700,000 -15.2% $195 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $825,000 -- $230 / 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 $9,896 $659,300 $70,800 $588,500
2023 $9,394 $651,900 $70,800 $581,100
2022 $8,872 $651,900 $70,800 $581,100
2021 $8,468 $651,900 $70,800 $581,100
2020 $7,529 $323,000 $70,800 $252,200
2019 $7,529 $323,000 $70,800 $252,200
2018 $6,993 $323,000 $70,800 $252,200
2017 $6,993 $323,000 $70,800 $252,200
2016 $6,819 $323,000 $70,800 $252,200
2015 $6,663 $323,000 $70,800 $252,200
2014 $6,460 $323,000 $70,800 $252,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487512

Maine Listings

APN: PTLD-000138-000000-C008001