NOT LISTED FOR SALE

Estimated Value: $588,339 - $803,000

5 Beds
2 Baths
1,939 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $550,000 $284 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,245/month

Highlights

  • A-Frame Home
  • No HOA
  • Level Lot
  • Wood Flooring
  • Heating System Uses Steam
  • 2-minute walk to Stone Street Splash Pad

About This Home

As of March 2023

This home is located at 25 Cedar St, Portland, ME 04101 since 31 March 2023 and is currently estimated at $660,085, approximately $340 per square foot. This property was built in 1884. 25 Cedar St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, King Middle School, and Baxter Academy for Tech & Sciences.

Last Agent to Sell the Property

Melissa Richter

Keller Williams Realty Listed on: 03/31/2023

Keller Williams Realty

Last Buyer's Agent

Melissa Richter

Keller Williams Realty Listed on: 03/31/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,569

Year Built

  • Built in 1884

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • A-Frame Home
  • Wood Frame Construction
  • Shingle Roof
  • Vertical Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,939 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number PTLD-000026-C000001-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $33,896
  • Gross Income $48,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,569

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1939.0
  • Architectural Style: A-Frame
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1884
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1939.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 48780.0
  • Income Expenses Operating Expenses: 33896.0
  • Heat System:Steam: Yes
  • Gas:Natural - At Street: Yes
  • Exterior:Vertical Siding: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile
  • Stories: 2

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Turnpike/Interstate
  • Waterfront: No
  • Construction Type: Vertical Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • 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

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: PTLD-000026-C000001-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 48780.0
  • Annual Operating Expense: 33896.0

Tax Info

  • Tax Annual Amount: 5569.0
  • Tax Book Number: 31388
  • Tax Lot: C
  • Tax Map Number: 26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 19, 2023
Sold by
Mulzac Leticia and Connelly Kieran
Bought by
25 Cader Portland Llc
Seller's Agent
Melissa Richter
Keller Williams Realty
Buyer's Agent
Melissa Richter
Keller Williams Realty
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$681,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,699
Avg. Annual Appreciation
9.61%
Original Mortgage
$412,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 31, 2023
Closed on
Mar 23, 2023
Sold by
25 Cedar St Llc
Bought by
Mulzac Leticia and Connelly Kieran
Seller's Agent
Melissa Richter
Keller Williams Realty
Buyer's Agent
Melissa Richter
Keller Williams Realty
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bourque Michael
Bought by
25 Cedar Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2022
Sold by
Naa Properties Llc
Bought by
Bourque Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 16, 2015
Sold by
Arlp Reo 7 Llc
Bought by
Naa Properties Llc
Seller's Agent
Mark Walton
RE/MAX By The Bay
Buyer's Agent
Sheldon Ashby
Ashby Real Estate
List Price
$145,000
Sold Price
$210,499
Premium/Discount to List
$65,499
45.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Majano Joaquin R and Alvarez Maria M
Bought by
Bayview Loan Servicing

Purchase Details

Closed on
Apr 4, 2005
Sold by
Poor Robert J and Poor Darc M
Bought by
Majano Joaquin R and Alvarez Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,891
Interest Rate
5.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
25 Cader Portland Llc -- None Available
Mulzac Leticia $550,000 None Available
25 Cedar Street Llc -- None Available
Bourque Michael $520,000 None Available
Naa Properties Llc -- --
Bayview Loan Servicing -- --
Majano Joaquin R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulzac Leticia $412,500
Previous Owner Bourque Michael $390,000
Previous Owner Naa Properties Llc $515,000
Previous Owner Majano Joaquin R $266,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 For Sale $550,000 0.0% $284 / Sq Ft
03/23/2023 03/23/23 Sold $550,000 +161.3% $284 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
12/15/2015 12/15/15 Sold $210,499 +45.2% $109 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $145,000 -- $75 / 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 $6,142 $409,200 $126,900 $282,300
2023 $5,897 $409,200 $126,900 $282,300
2022 $5,569 $409,200 $126,900 $282,300
2021 $5,316 $409,200 $126,900 $282,300
2020 $3,674 $157,600 $60,500 $97,100
2019 $3,674 $157,600 $60,500 $97,100
2018 $3,412 $157,600 $60,500 $97,100
2017 $3,412 $157,600 $60,500 $97,100
2016 $3,327 $157,600 $60,500 $97,100
2015 $3,251 $157,600 $60,500 $97,100
2014 $3,734 $186,700 $60,500 $126,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1555067

Maine Listings

APN: PTLD-000026-000000-C001001