NOT LISTED FOR SALE

Estimated Value: $645,168 - $904,000

0.08 Acre
$9,500,700 Price per Acre
3,485 Sq Ft Lot

Last Sold February 12, 2021

Last sale price $445,000

Est. 71% increase in value since last sale

Current estimated payment $4,751/month

101 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • No HOA
  • Public Beach
  • Property is near public transit
  • 4-minute walk to Fort Sumner Park

About This Lot

As of February 2021

Just off from the Portland's coveted Eastern Promenade this lot is level, open and ready for redevelopment. Priced competitively to ensure a quick sale this is a rare offering and a chance to build vs buy. Drawn to modern architecture? Want to build a home that is net zero? Want to bring your dreams to this field? Lets face it there are many, many homes in this area that are selling for $5-6-700K that should be but can't be torn down. Since they can't be demo'ed you're forced to renovate and compromise on design, layout, efficiency and much more. With full city utilities at the street and a design/build team poised and ready to help this is building simplified. Desirable R6 Zoning offers design flexibility, limited setbacks, generous footprint and the ability to build up to 4 units and at a commanding 45' height (promising stunning views). Come with your ideas, come with your aspirations but don't wait.

Last Agent to Sell the Property

Tom Landry

Benchmark Real Estate Listed on: 10/09/2020

Last Buyer's Agent

Michele Perejda

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $126

Lot Details

  • 3,485 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned R6

Parking

  • No Driveway

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number PTLD-000015-000000-C011001

Community Details

Overview

  • No Home Owners Association
  • East End Subdivision

Recreation

  • Country Club
  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$126

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.08
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: East End
  • Directions: Eastern Promenade to Montreal St
  • Property Information:Lot Size Acres -: 0.08
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location:Near Public Beach: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Location:Near Country Club: Yes
  • Sewer:None4: Yes
  • Parking Other Parking: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, Other

Utilities

  • Electric: Other Electric
  • Sewer: None, Other, Public Sewer
  • Water Source: Other, Public, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: PTLD-000015-000000-C011001
  • Zoning: R6

Tax Info

  • Tax Annual Amount: 126.0
  • Tax Book Number: 24083
  • Tax Lot: 11
  • Tax Map Number: 15
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 12, 2021
Sold by
Gillis Edward and Rankin Marla K
Bought by
Bloom Catherine L
Seller's Agent
Tom Landry
Benchmark Real Estate
Buyer's Agent
Michele Perejda
Legacy Properties Sotheby's International Realty
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Total Days on Market
101
Current Estimated Value
$760,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,056
Avg. Annual Appreciation
12.08%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bloom Catherine L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $445,000 -1.1% --
01/19/2021 01/19/21 Pending -- -- --
10/09/2020 10/09/20 For Sale $450,000 -- --
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 $5,812 $387,200 $387,200 $0
2023 $5,580 $387,200 $387,200 $0
2022 $5,270 $387,200 $387,200 $0
2021 $5,030 $387,200 $387,200 $0
2020 $126 $5,400 $5,400 $0
2019 $126 $5,400 $5,400 $0
2018 $117 $5,400 $5,400 $0
2017 $117 $5,400 $5,400 $0
2016 $114 $5,400 $5,400 $0
2015 $111 $5,400 $5,400 $0
2014 $108 $5,400 $5,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1472201

Maine Listings

APN: PTLD-000015-000000-C011001