NOT LISTED FOR SALE
Studio
7 Baths
4,249 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: June 24, 2021

Last sale price $1,520,000 $358 Per Sq Ft

3 Days on Market

Highlights

  • The property is located in a historic district
  • Wooded Lot
  • Victorian Architecture
  • 0.18 Acre Lot
  • Wood Flooring
  • 4-minute walk to Deering Oaks Park

About This Home

As of June 2021

This ornate, brick Queen Anne Style was designed by Francis H. Fassett and John Calvin Stevens for local flour merchant Malcolm F. Hammond. Portland's Historic Resources Inventory dates the construction circa 1882 and fortunately 139 years later this magnificent combination of brick, slate, detailed woodwork, stained glass, and pink granite remain relatively intact.

Today, as a 7 unit apartment building, it provides housing options consisting of two efficiencies and five 1 bedroom units. Many of the units have a pleasing aesthetic with original details throughout-including stunning fireplaces. The grand entrance hallway and staircase to the second floor, with a soaring stained glass window are also inviting to come home to.

For tenant convenience there are 5/6 off street parking spaces, landscaping, recently paved driveway, and a storage bin in the basement. Landlords will appreciate the efficient gas boiler, hot water storage, separate electric meters and a basement workshop that is definitely a logistical bonus!

Mr. Fassett and Mr. Stevens brilliant combination of ever-lasting materials and unique configuration of gables, corbels, arches and a conical tower are seeking a new steward to insure the longevity of 24 Mellen Street.

The current family has lovingly cared for this building for the last 26 years and it's now time to pass on this great piece of West End architecture!

Last Agent to Sell the Property

Steve Morrison

Morrison Real Estate Listed on: 04/27/2021

Last Buyer's Agent

Steve Morrison

Morrison Real Estate Listed on: 04/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,450

Year Built

  • Built in 1882

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Victorian Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Pitched Roof
  • Slate Roof
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 7 Full Bathrooms
  • 4,249 Sq Ft Home
  • 6 Fireplaces
  • Laundry on upper level

Flooring

  • Wood
  • Tile
  • Vinyl

Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 25 / A
  • Assessor Parcel Number PTLD-000047-A000025-000001

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $27,526
  • Gross Income $109,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,450

Year Built

Built in 1882

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4249.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Year Built: 1882
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 323.61
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 7.0
  • Property Information:SqFt Finished Above Grade: 4249.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Property Information:Number of Units: 7
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 109560.0
  • Income Expenses Operating Expenses: 27526.0
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 6
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Slate: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Advertising Remarks:Advertising Remarks: This Queen Anne Style brick was designed by Francis H. Fassett/John Calvin Stevens for local flour merchant Malcolm F. Hammond. Portland's Historic Resources Inventory dates the construction to circa 1882; fortunately 139 years later this magnificent combination of brick, slate, detailed woodwork, stained glass, and pink granite remain relatively intact. Today, as a 7 unit apartment building, its provides housing options consisting of 2) EFF. and 5) 1 bedroom units and many of the units have a pleasing aesthetic, one of the 6 ornamental fireplaces. The grand entrance hallway and staircase to the second floor, with a soaring stained glass window, are also inviting to come home to. For tenant convenience there are 6 off street parking spaces, mature landscaping, recently paved driveway, storage bin in the basement, and for those that need a place to exercise there is an area for that as well. Landlords will appreciate the efficient gas boiler, hot water storage, separate electric meters and a basement workshop that is definitely a logistical bonus! Mt Fassett and Mr. Stevens brilliant combination of ever-lasting materials and unique configuration of gables, corbels, arches and a conical tower are seeking a new steward to insure the longevity of 24 Mellen Street. The current family has lovingly cared for this building for the last 26 years and its now time to pass on this great piece of West End architecture!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only
  • Full Bathrooms: 7
  • Fireplaces: 6
  • Fireplace: Yes
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Wooded, Historic District, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Stone, Granite, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Flat, Membrane, Pitched, Slate
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water
  • 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: 7840.8
  • Parcel #: PTLD-000047-A000025-000001
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 109560.0
  • Annual Operating Expense: 27526.0

Tax Info

  • Tax Annual Amount: 8450.0
  • Tax Block: A
  • Tax Lot: 25
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $1,520,000 +10.5% $358 / Sq Ft
05/01/2021 05/01/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $1,375,000 -- $324 / Sq Ft
Source: Maine Listings

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 $14,281 $951,400 $257,700 $693,700
2023 $13,710 $951,400 $257,700 $693,700
2022 $12,949 $951,400 $257,700 $693,700
2021 $12,359 $951,400 $257,700 $693,700
2020 $8,450 $362,500 $70,700 $291,800
2019 $8,450 $362,500 $70,700 $291,800
2018 $7,848 $362,500 $70,700 $291,800
2017 $7,848 $362,500 $70,700 $291,800
2016 $7,652 $362,500 $70,700 $291,800
2015 $7,478 $362,500 $70,700 $291,800
2014 $7,250 $362,500 $70,700 $291,800
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1489206

Maine Listings
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