Seller's Agent in 2021
Mandy Reynolds
Keller Williams Realty
(207) 879-9800
1 in this area
24 Total Sales
237 Cumberland Ave Unit 2 Portland, ME 04101
West Bayside NeighborhoodEstimated Value: $451,449 - $555,000
2
Beds
1
Bath
992
Sq Ft
$139/mo
HOA Fee
Highlights
- Nearby Water Access
- Secondary Bathroom Soaking Tub
- Butcher Block Countertops
- Federal Architecture
- Wood Flooring
- 2-minute walk to Stone Street Splash Pad
About This Home
As of November 2021Have you always wanted the convenience of downtown condominium living but didn't want to live in a 'condo'? Have you always wanted the simplicity of a 'turn-key' residence but wanted it to feel 'homelike'? Are you the kind of person that has always wanted to walk to work, to the coffee shop, to shops and stores, and take advantage of all of the food, art, and culture Portland has to offer by foot? Well then, welcome home. In this 1800's historic brick building in the heart of the downtown you'll find all of what you seek. Beautiful. Character. Artistic. Unique. Efficient. Easy. Spacious. These are some words that best describe this one-of-a-kind, two- story condominium. Embrace the historic and artistic approach of the current owner or make your mark with a more contemporary approach and finishes. Either way, simple living is at your doorstep and welcoming you with open arms.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,629
Year Built
- Built in 1800
HOA Fees
- $139 Monthly HOA Fees
Home Design
- Federal Architecture
- Brick Exterior Construction
- Shingle Roof
- Masonry
Interior Spaces
- 992 Sq Ft Home
- Double Pane Windows
- Living Room
- Wood Flooring
- Unfinished Basement
- Exterior Basement Entry
- Home Security System
Kitchen
- Gas Range
- Dishwasher
- Butcher Block Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
- Secondary Bathroom Soaking Tub
Laundry
- Dryer
- Washer
Parking
- Leased Parking
- No Driveway
- Off-Site Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Additional Features
- Nearby Water Access
- City Lot
Listing and Financial Details
- No Rentals Allowed
- Tax Lot L008
- Assessor Parcel Number PTLD-000026-L000008-000002
Community Details
Overview
- 2 Buildings
- 3 Units
- Cumberland Pearl Condominium Association Subdivision
- The community has rules related to deed restrictions
Amenities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2021
Closed on
Nov 5, 2021
Sold by
Twomey Jeanne L
Bought by
Burke Leah F
Seller's Agent
Mandy Reynolds
Keller Williams Realty
Buyer's Agent
Jessica Falcone
Legacy Properties Sotheby's International Realty
List Price
$372,000
Sold Price
$375,000
Premium/Discount to List
$3,000
0.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,612
Avg. Annual Appreciation
8.53%
Original Mortgage
$337,500
Outstanding Balance
$308,785
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$209,827
Purchase Details
Closed on
Aug 14, 2006
Sold by
York John W
Bought by
Towmey Jeanne T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burke Leah F | -- | None Available | |
| Towmey Jeanne T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burke Leah F | $337,500 | |
| Previous Owner | Towmey Jeanne T | $113,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $375,000 | +0.8% | $378 / Sq Ft |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- |
| 09/22/2021 09/22/21 | For Sale | $372,000 | -- | $375 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,017 | $267,600 | $53,520 | $214,080 |
| 2023 | $3,856 | $267,600 | $53,520 | $214,080 |
| 2022 | $3,642 | $267,600 | $53,520 | $214,080 |
| 2021 | $3,476 | $267,600 | $53,520 | $214,080 |
| 2020 | $2,629 | $112,800 | $22,600 | $90,200 |
| 2019 | $2,629 | $112,800 | $22,600 | $90,200 |
| 2018 | $2,442 | $112,800 | $22,600 | $90,200 |
| 2017 | $2,442 | $112,800 | $22,600 | $90,200 |
| 2016 | $2,381 | $112,800 | $22,600 | $90,200 |
| 2015 | $2,327 | $112,800 | $22,600 | $90,200 |
| 2014 | $2,256 | $112,800 | $22,600 | $90,200 |
Source: Public Records
Agents Affiliated with this Home
-
Mandy Reynolds
-
Jessica Falcone
J
Buyer's Agent in 2021
Jessica Falcone
Legacy Properties Sotheby's International Realty
(207) 400-4718
2 in this area
62 Total Sales
Map
Source: Maine Listings
MLS Number: 1509722
APN: PTLD-000026-000000-L008002
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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