NOT LISTED FOR SALE

25 Morning St Portland, ME 04101

East End Neighborhood

Estimated Value: $1,175,000 - $1,896,000

6 Beds
3 Baths
4,227 Sq Ft
$380/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $1,190,250 $282 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,828/month

7 Days on Market

Highlights

  • Ocean Front
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Zoned Heating System
  • 3-minute walk to Eastern Promenade Park

About This Home

As of March 2021

Just one block from Portland's Eastern Promenade, enjoy views of Casco Bay from all 3 units in this classic Munjoy Hill triple decker. Outside your door are walking trails, tennis courts, playgrounds, East End beach, and panoramic ocean views. Set on the water side of Morning St, even the backyard feels like an ocean front property. Inside, each unit features the original layout of kitchen, dining room, and double parlor plus two bedrooms and a bath. Unique to triple deckers, there is potential expansion opportunity into the unfinished fourth floor thanks to a rare pitched roof structure. While the building's original charm has been preserved over the years, with the original wood floors and trim, the heat and electrical systems have been updated. The next owner may choose to highlight the historic features or simply use the solid structure to bring a more modern vision to this East End gem. There aren't many of these left, so buyers should take the opportunity seriously.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 02/11/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Andrew Snyder

Regency Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,641

Year Built

  • Built in 1898

Lot Details

  • 3,485 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Level Lot

Property Views

  • Water
  • Scenic Vista

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 3 Full Bathrooms
  • 4,227 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Legal Lot and Block 17 / C
  • Assessor Parcel Number PTLD-000003-C000017-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $15,615
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,641

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • Water Body Name: Portland Harbor / Casco Bay
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4227.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1898
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.08
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4227.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: 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
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 56400.0
  • Income Expenses Operating Expenses: 15615.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Recreational Water:Oceanfront: Yes
  • View:Scenic: Yes
  • Exterior:Aluminum Siding: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • View: Scenic
  • Waterfront Features: Bay, Harbor
  • Waterfront: No
  • Construction Type: Wood Siding, Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • 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-000003-C000017-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 56400.0
  • Annual Operating Expense: 15615.0

Tax Info

  • Tax Annual Amount: 8641.0
  • Tax Block: C
  • Tax Book Number: 7934
  • Tax Lot: 17
  • Tax Map Number: 3
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 18, 2021
Sold by
Haley Robert L Est
Bought by
Dugan Christopher and Mcdowell Katherine
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Andrew Snyder
Regency Real Estate, Inc.
List Price
$1,200,000
Sold Price
$1,190,250
Premium/Discount to List
-$9,750
-0.81%
Current Estimated Value
$1,606,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,143
Avg. Annual Appreciation
6.38%
Original Mortgage
$848,500
Outstanding Balance
$770,919
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$801,459
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
Dugan Christopher -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dugan Christopher $848,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $1,190,250 -0.8% $282 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $1,200,000 -- $284 / 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 $15,241 $1,015,400 $465,300 $550,100
2023 $14,632 $1,015,400 $465,300 $550,100
2022 $13,820 $1,015,400 $465,300 $550,100
2021 $13,190 $1,015,400 $465,300 $550,100
2020 $8,641 $370,700 $157,100 $213,600
2019 $8,641 $370,700 $157,100 $213,600
2018 $8,026 $370,700 $157,100 $213,600
2017 $8,026 $370,700 $157,100 $213,600
2016 $7,825 $370,700 $157,100 $213,600
2015 $7,648 $370,700 $157,100 $213,600
2014 $7,414 $370,700 $157,100 $213,600
Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2021

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    22 in this area

    176 Total Sales

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2021

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    18 in this area

    129 Total Sales

    Chris Sullivan
    Section Image

  • A

    Buyer's Agent in 2021

    Andrew Snyder

    Regency Real Estate, Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1481878

Maine Listings

APN: PTLD-000003-000000-C017001

Maine Cumberland County Portland 04101 East End

25 Morning St, Portland, ME

This home is located at 25 Morning St, Portland, ME 04101 since 11 February 2021 and is currently estimated at $1,606,393, approximately $380 per square foot. This property was built in 1898. 25 Morning St is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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