NOT LISTED FOR SALE

24 Columbus Rd Portland, ME 04107

Estimated Value: $644,000 - $754,000

-- Bed
4 Baths
3,284 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $598,000 $182 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,362/month

6 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • 2 Fireplaces
  • Pond Cove Elementary School Rated A
  • Attic
  • Corner Lot

About This Home

As of October 2021

ALSO REFERRED TO AS 5 GAY ST
Delightful vintage multi unit feels as if you are living in a single home. While one unit is on Columbia Rd, the adjoining unit is around the corner on Gay St. With a separate driveway, an old fashioned front porch, and walk up attics, each unit appears to be a standalone home, sharing a common wall along hallways for privacy. Rooms are spacious with abundant light thru replacement windows. Kitchens are suitable for dining if you prefer to use the dining room for another purpose. As expected, the livingrooms focal point is a fireplace. Grand staircase in each unit leads to 3 second floor bedrooms and full bath. Each unit has a half bath on the first floor, replacement windows, hardwood floors, separate heating systems, separate electricity, and even separate water meters. You will enjoy ambling to the numerous shops & eateries that are the hallmark of this Rosemont neighborhood, or recreating in the fields and courts of Deering High school 2 blocks away, or Portland Trails, just up the street. City library, elementary school , UNE, Capisic Pond, are an easy walk. UNITS ARE VACANT! Rent is projected.

Last Agent to Sell the Property

Thomas Carter

Freeman Group-Residential Real Estate Brokerage Listed on: 08/10/2021

Co-Listed By

Victoria Fisk

Freeman Group-Residential Real Estate Brokerage

Last Buyer's Agent

Jennifer Whitehead

Dream Home Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,385

Year Built

  • Built in 1800

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,284 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Unfinished Basement
  • Exterior Basement Entry
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 19,28 / B
  • Assessor Parcel Number 84 B019001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $22,000
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,385

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2305
  • Co List Office Phone: 207-772-4242
  • MLS Status: Closed
  • Directions: West on Brighton Ave > right at Rosemont Corner onto Columbia Rd > house sits on left at corner with Gay St > park in either driveway
  • Above Grade Finished Sq Ft: 3284.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Double Pane Windows
  • Year Built: 1800
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3284.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 72000.0
  • Income Expenses Operating Expenses: 22000.0
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Amenities:Attic: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Attic, Bathtub
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • 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: 6969.6
  • Parcel #: 84 B019001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 72000.0
  • Annual Operating Expense: 22000.0

Tax Info

  • Tax Annual Amount: 8385.0
  • Tax Block: B
  • Tax Book Number: 35454
  • Tax Lot: 19,28
  • Tax Map Number: 184
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Dec 2, 2021
Sold by
Cashout Llc
Bought by
Gill Rupinder S
Seller's Agent
Thomas Carter
Freeman Group-Residential Real Estate Brokerage
Buyer's Agent
Jennifer Whitehead
Dream Home Realty LLC
List Price
$699,000
Sold Price
$598,000
Premium/Discount to List
-$101,000
-14.45%
Total Days on Market
6
Current Estimated Value
$713,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,079
Avg. Annual Appreciation
4.98%
Original Mortgage
$432,000
Outstanding Balance
$401,286
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,793

Purchase Details

Closed on
Apr 30, 2021
Sold by
Newton Lesile L Est
Bought by
Cashout Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Gill Rupinder S -- None Available
Cashout Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Rupinder S $432,000
Previous Owner Cashout Llc $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $598,000 -14.4% $182 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $699,000 -- $213 / 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 $6,927 $629,700 $284,600 $345,100
2023 $14,067 $629,700 $284,600 $345,100
2022 $5,383 $254,500 $94,600 $159,900
2021 $5,156 $254,500 $94,600 $159,900
2020 $5,070 $254,500 $94,600 $159,900
2019 $5,009 $254,500 $94,600 $159,900
2018 $4,841 $254,500 $94,600 $159,900
2017 $4,581 $254,500 $94,600 $159,900
2016 $4,464 $254,500 $94,600 $159,900
2015 $4,296 $254,500 $94,600 $159,900
2013 $4,143 $254,500 $94,600 $159,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1504468

Maine Listings

APN: CAPE-032006U-000011