NOT LISTED FOR SALE

249 Concord St W Portland, ME 04103

Deering Center Neighborhood

Estimated Value: $657,000 - $903,000

4 Beds
3 Baths
2,188 Sq Ft
$361/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $715,000 $327 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,817/month

3 Days on Market

Highlights

  • Wood Flooring
  • New Englander Architecture
  • No HOA
  • Longfellow School-Portland Rated 10
  • Attic
  • 3-minute walk to Presumpscot Park

About This Home

As of June 2022

Wonderful 2 unit in the heart of Deering Center, just steps from everything this neighborhood has to offer. Many updates including new kitchens, baths and heating systems. This is a legal 3 unit per the city. Permits to complete 3rd unit expired but can be transferred to new owner per city. Rents below market value. Both tenants in place until end of July 2022. Group showings Saturday, April 30th 10-noon and Sunday, May 1st noon-2.

Last Agent to Sell the Property

Deborah Blackburn

Mulkerin Real Estate Listed on: 04/28/2022

Last Buyer's Agent

Donna Galluzzo

Signature Homes Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3 Full Bathrooms
  • 2,188 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Attic

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 006 / G
  • Assessor Parcel Number PTLD-000133-G000006-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,467
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • MLS Status: Closed
  • Directions: Stevens Avenue to Pleasant Avenue to Concord Street West
  • Above Grade Finished Sq Ft: 2188.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 319.93
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2188.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 8467.0
  • Parking:On Site2: Yes
  • Amenities:Attic: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Heat System:Radiator: Yes
  • Exterior:Aluminum Siding: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 3
  • Advertising Remarks:Advertising Remarks: Wonderful 2 unit in the heart of Deering Center, just steps from everything this neighborhood has to offer. Many updates including new kitchens, baths and heating systems. This is a legal 3 unit per the city. Permits to complete 3rd unit expired but can be transferred to new owner per city. Rents below market value. Both tenants in place until end of July 2022. Group showings Saturday, April 30th 10-noon and Sunday, May 1st noon-2.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: Attic
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Other, Paved, On Site, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Forced Air, Direct Vent Furnace
  • 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: 3484.8
  • Parcel #: PTLD-000133-G000006-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 8467.0

Tax Info

  • Tax Annual Amount: 6468.0
  • Tax Block: G
  • Tax Lot: 006
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 6, 2022
Sold by
Ballard Caleb
Bought by
Leclere Melissa L
Seller's Agent
Deborah Blackburn
Mulkerin Real Estate
Buyer's Agent
Donna Galluzzo
Signature Homes Real Estate Group, LLC
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%
Current Estimated Value
$790,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,375
Avg. Annual Appreciation
2.92%

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 15, 2013
Sold by
Borland Jeffrey
Bought by
Ballard Caleb
Seller's Agent
David Marsden
RE/MAX By The Bay
Buyer's Agent
Deborah Blackburn
Mulkerin Real Estate
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$279,837
Interest Rate
4.53%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 2010
Sold by
Souliere Thomas E and Jp Morgan Chase Bank Na
Bought by
Jp Morgan Chase Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leclere Melissa L $715,000 None Available
Ballard Caleb -- --
Jp Morgan Chase Bank Na -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballard Caleb $279,837
Previous Owner Jp Morgan Chase Bank Na $284,000
Previous Owner Jp Morgan Chase Bank Na $41,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2022 06/06/22 Sold $715,000 +2.1% $327 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $700,000 +145.6% $320 / Sq Ft
10/10/2013 10/10/13 Sold $285,000 +3.6% $107 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
08/23/2013 08/23/13 For Sale $275,000 -- $104 / 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 $7,861 $523,700 $89,300 $434,400
2023 $7,547 $523,700 $89,300 $434,400
2022 $6,776 $497,900 $89,300 $408,600
2021 $6,468 $497,900 $89,300 $408,600
2020 $6,172 $264,800 $83,800 $181,000
2019 $6,172 $264,800 $83,800 $181,000
2018 $5,557 $247,200 $83,800 $163,400
2017 $5,352 $247,200 $83,800 $163,400
2016 $5,218 $247,200 $83,800 $163,400
2015 $5,100 $247,200 $83,800 $163,400
2014 $4,944 $247,200 $83,800 $163,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Deborah Blackburn

    Mulkerin Real Estate

    Section Image

  • D

    Buyer's Agent in 2022

    Donna Galluzzo

    Signature Homes Real Estate Group, LLC

    (207) 358-9585

    2 in this area

    34 Total Sales

    Donna Galluzzo
    Section Image

  • D

    Seller's Agent in 2013

    David Marsden

    RE/MAX

    Section Image
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Map

Source: Maine Listings

MLS Number: 1526344

Maine Listings

APN: PTLD-000133-000000-G006001

Maine Cumberland County Portland 04103 Deering Center

249 Concord St W, Portland, ME

Not Listed for Sale

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