Seller's Agent in 2023
Aaron Chadbourne
Demetria Real Estate
(207) 329-0915
2 in this area
234 Total Sales
25 Lawrence Lano St South Portland, ME 04106
Meetinghouse Hill NeighborhoodEstimated Value: $497,000 - $565,000
2
Beds
1.5
Baths
972
Sq Ft
$553/Sq Ft
Est. Value
Highlights
- Deck
- Cathedral Ceiling
- Loft
- Contemporary Architecture
- Wood Flooring
- Corner Lot
About This Home
As of September 2023Welcome home to 25 Lawrence Lano Street in South Portland. This immaculate 2 bedroom contemporary cottage-style ranch with loft is conveniently located in the heart of South Portland in a quiet neighborhood that you will absolutely love as you enjoy your cup of morning coffee on the beautiful front deck. An oversized garage offers ample parking, storage, and is just begging for you to investigate potential uses as a workshop or ADU expansion. Situated on a corner lot, there is a spacious backyard that the current owner has found to be a convenient place to park their boat. Inside, discover hardwood floors throughout the first floor. An upstairs loft offers bonus space for storage, play room, office, guest space or more. The basement offers space for a craft room, home office or workshop as well as plenty of unfinished space for storage or your flexible needs. This cute-as-a-button home has been immaculately maintained by the current owner for the last 20 years and is ready for its next owner. Seller prefers to close at the end of August. No offers will be reviewed before 7PM on July 1, at which time Seller will respond within 24 hours. Private showings available Friday & Saturday by appointment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,355
Year Built
- Built in 1940
Lot Details
- 9,148 Sq Ft Lot
- Fenced
- Landscaped
- Corner Lot
- Level Lot
- Property is zoned MH
Parking
- 2 Car Garage
- Tandem Parking
- Driveway
Home Design
- Contemporary Architecture
- Ranch Style House
- Cottage
- Wood Frame Construction
- Metal Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 972 Sq Ft Home
- Cathedral Ceiling
- Living Room
- Dining Room
- Loft
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Deck
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 22
- Assessor Parcel Number 25lawrencelanostreetsouthportland04106
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2023
Closed on
Sep 5, 2023
Sold by
Libby Catherine A
Bought by
Sprague Nathan and Scofield Alissa
Seller's Agent
Aaron Chadbourne
Demetria Real Estate
Buyer's Agent
Jason Bisson
Cottage & Co Real Estate
List Price
$425,000
Sold Price
$471,000
Premium/Discount to List
$46,000
10.82%
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
$63,027
Avg. Annual Appreciation
4.94%
Original Mortgage
$260,600
Outstanding Balance
$257,138
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,341
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 |
|---|---|---|---|
| Sprague Nathan | $471,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sprague Nathan | $260,600 | |
| Previous Owner | Libby Catherine A | $160,000 | |
| Previous Owner | Libby Catherine A | $192,065 | |
| Previous Owner | Libby Catherine A | $199,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2023 09/05/23 | Sold | $471,000 | +10.8% | $485 / Sq Ft |
| 07/02/2023 07/02/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $425,000 | -- | $437 / 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 | $5,947 | $450,500 | $226,100 | $224,400 |
| 2023 | $4,692 | $331,800 | $148,700 | $183,100 |
| 2022 | $4,355 | $279,900 | $118,900 | $161,000 |
| 2021 | $3,747 | $279,900 | $118,900 | $161,000 |
| 2020 | $3,074 | $203,300 | $94,700 | $108,600 |
| 2019 | $2,161 | $203,300 | $94,700 | $108,600 |
| 2018 | $13,024 | $203,300 | $94,700 | $108,600 |
| 2017 | $3,659 | $203,300 | $94,700 | $108,600 |
| 2016 | $3,374 | $190,600 | $82,000 | $108,600 |
| 2015 | $3,316 | $190,600 | $82,000 | $108,600 |
| 2014 | $3,088 | $190,600 | $82,000 | $108,600 |
| 2013 | -- | $190,600 | $82,000 | $108,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jason Bisson
Cottage & Co Real Estate
(207) 653-1188
5 in this area
169 Total Sales
Map
Source: Maine Listings
MLS Number: 1563619
APN: SPOR-000013-000000-000022
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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