NOT LISTED FOR SALE

248 Preble St South Portland, ME 04106

Breakwater Neighborhood

Estimated Value: $875,000 - $1,003,000

4 Beds
3 Baths
2,289 Sq Ft
$407/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $407,500 $178 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,289/month

2 Days on Market

Highlights

  • Public Beach
  • Colonial Architecture
  • Garage
  • 0.46 Acre Lot
  • No HOA
  • Open Lot

About This Home

As of December 2015

Location! Close to everything that South Portland has to offer. Walk to Willard Beach, SMCC, restaurants and more. This three unit is perfect for owner occupancy with a two level unit with limited water views and large deck. Two 1 bedroom units on the first floor with separate heat and electric. Don't miss this opportunity to own in one of the hottest locations in Southern Maine! First showing 12:30 on 10/15.

Last Agent to Sell the Property

Steve Morrison

Morrison Real Estate Listed on: 10/13/2015

Last Buyer's Agent

Paul McKee

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1850

Lot Details

  • 0.46 Acre Lot
  • Public Beach
  • Open Lot
  • Lot Has A Rolling Slope

Home Design

  • 2,289 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 211
  • Assessor Parcel Number 248PrebleStreetSouthPortland04106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,980

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • MLS Status: Closed
  • Directions: Left on Broadway towards SMCC. Right on Preble. 248 is on the left.
  • Above Grade Finished Sq Ft: 2289.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2289.0
  • 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 Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Site:RollingSloping: Yes
  • Heat System:Direct Vent Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 248PrebleStreetSouthPortland04106
  • Zoning: RES G

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5980.0
  • Tax Book Number: 25976
  • Tax Lot: 211
  • Tax Map Number: 002
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2017
Sold by
Turin David G
Bought by
Turin Dustin R and Chen Rui
Total Days on Market
2
Current Estimated Value
$932,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
3.95%
Mortgage Type
Unknown
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
Turin Dustin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Turin Dustin R $425,000
Closed Turin Dustin R $156,000
Closed Turin Dustin R $318,000
Closed Turin Dustin R $320,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $407,500 +5.8% $178 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $385,000 -- $168 / 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 $12,652 $958,500 $501,600 $456,900
2023 $10,391 $734,900 $348,800 $386,100
2022 $9,702 $623,500 $279,000 $344,500
2021 $9,165 $623,500 $279,000 $344,500
2020 $7,357 $397,500 $170,200 $227,300
2019 $6,633 $397,500 $170,200 $227,300
2018 $6,375 $371,700 $154,800 $216,900
2017 $6,691 $371,700 $154,800 $216,900
2016 $6,222 $351,500 $134,600 $216,900
2015 $5,980 $343,700 $134,600 $209,100
2014 $5,877 $343,700 $134,600 $209,100
2013 -- $343,700 $134,600 $209,100
Source: Public Records

Agents Affiliated with this Home

  • Steve Morrison

    Seller's Agent in 2015

    Steve Morrison

    Morrison Real Estate

    (207) 879-0303

    18 Total Sales

    Steve Morrison
    Section Image
  • Paul McKee

    Buyer's Agent in 2015

    Paul McKee

    Keller Williams Realty

    (207) 831-3929

    1 in this area

    60 Total Sales

    Paul McKee
    Section Image
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Map

Source: Maine Listings

MLS Number: 1239656

Maine Listings

APN: SPOR-000002-000000-000211

Maine Cumberland County South Portland 04106 Breakwater

248 Preble St, South Portland, ME

This home is located at 248 Preble St, South Portland, ME 04106 since 13 October 2015 and is currently estimated at $932,704, approximately $407 per square foot. This property was built in 1850. 248 Preble St is a home located in Cumberland County with nearby schools including Dora L. Small Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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