L
Seller's Agent in 2021
Liam McCoy
Portside Real Estate Group
24 Pine St South Portland, ME 04106
Ferry Village NeighborhoodEstimated Value: $769,000 - $894,923
6
Beds
2.5
Baths
2,517
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Deck
- Corner Lot
- Colonial Architecture
- Wood Flooring
- 4-minute walk to School Street Playground
About This Home
As of June 2021A spectacular multi-family opportunity in the heart of South Portland's Ferry Village neighborhood! This two unit colonial was renovated in 2009 with all new plumbing, electrical, kitchens and baths. Two natural gas Rinnai heaters in each unit, separate hot water heaters, (new in 2017 and 2009). Separate utilities for each unit, (minus water and sewer.) New windows in Unit 1. Complete blown in insulation in 2014 including spray foam on sill plates and partially down the basement walls. New roof in 2019 and two new skylights in 2017. Large sunny windows, beautifully designed original hardwood floors set the tone for this special building. Details include wainscoting, plenty of storage, tiled floors, stackable washer and dryers for each unit, sizeable shared deck, raised vegetable beds, and a gorgeous yard.
Unit 1 has two bedrooms and one bath. Unit 2 has three bedrooms and 1.5 baths. There are seasonal views of the water from the third floor with potential to see more with the addition of a dormered roof.
Plenty of off-street parking. Short walk to Front St. Beach, Saltwater Grille, SMCC, Willard Beach, Green Belt Trail System and more!
Last Agent to Sell the Property
Liam McCoy
Portside Real Estate Group Listed on: 04/02/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,504
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,517 Sq Ft Home
- 2-Story Property
- Laundry on main level
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Deck
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number SPOR-000006-000000-000015
Community Details
Overview
- No Home Owners Association
- 2 Units
- Ferry Village Subdivision
Building Details
- Operating Expense $2,500
- Gross Income $34,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2021
Closed on
Jun 1, 2021
Sold by
Doyle Meredith W and Ouellet Aaron
Bought by
Puckett James G
Seller's Agent
Liam McCoy
Portside Real Estate Group
Buyer's Agent
Jed Rathband
Keller Williams Realty
List Price
$590,000
Sold Price
$630,000
Premium/Discount to List
$40,000
6.78%
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
$217,481
Avg. Annual Appreciation
6.11%
Original Mortgage
$535,500
Outstanding Balance
$487,985
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,111
Purchase Details
Closed on
Dec 7, 2018
Sold by
Ouellet Aaron
Bought by
Ouellet Aaron and Doyle Meredith W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,200
Interest Rate
4.8%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Puckett James G | -- | None Available | |
| Ouellet Aaron | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Puckett James G | $535,500 | |
| Previous Owner | Quellet Aaron | $270,000 | |
| Previous Owner | Ouellet Aaron | $265,200 | |
| Previous Owner | Ouellet Aaron | $229,951 | |
| Previous Owner | Ouellet Aaron | $228,937 | |
| Previous Owner | Ouellet Aaron | $26,000 | |
| Previous Owner | Ouellet Aaron | $166,250 | |
| Previous Owner | Lado Margaret | $295,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $630,000 | +6.8% | $250 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 03/15/2021 03/15/21 | For Sale | $590,000 | -- | $234 / 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 | $9,179 | $695,400 | $220,400 | $475,000 |
| 2023 | $6,537 | $462,300 | $155,000 | $307,300 |
| 2022 | $6,216 | $399,500 | $124,000 | $275,500 |
| 2021 | $6,128 | $416,900 | $124,000 | $292,900 |
| 2020 | $5,504 | $278,700 | $95,400 | $183,300 |
| 2019 | $5,198 | $278,700 | $95,400 | $183,300 |
| 2018 | $5,051 | $278,700 | $95,400 | $183,300 |
| 2017 | $5,017 | $278,700 | $95,400 | $183,300 |
| 2016 | $4,779 | $270,000 | $86,700 | $183,300 |
| 2015 | $4,698 | $270,000 | $86,700 | $183,300 |
| 2014 | $4,617 | $270,000 | $86,700 | $183,300 |
| 2013 | -- | $270,000 | $86,700 | $183,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jed Rathband
Buyer's Agent in 2021
Jed Rathband
Keller Williams Realty
(207) 553-1319
1 in this area
128 Total Sales
Map
Source: Maine Listings
MLS Number: 1484380
APN: SPOR-000006-000000-000015
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