NOT LISTED FOR SALE

Estimated Value: $831,309 - $908,000

6 Beds
3.5 Baths
3,981 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $750,000 $188 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,389/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Level Lot
  • New Englander Architecture
  • Heating System Uses Steam

About This Home

As of June 2022

Featuring three spacious apartments and filled with period details, 28 Norwood Street is the investment property or primary residence you've been looking for. Located in Deering Center, one of the most sought-after neighborhoods in Portland, you're walkable to coffee shops, restaurants and schools in addition to having easy access to downtown. The first floor 3bd/1.5bath apartment boasts tall ceilings, hardwood floors and many original details. The sun drenched, two-story apartment on the second floor offers an expansive living/dining space, oversized bedroom closet, and two new gas heaters. Apartment three provides ample space for kitchen, dining, and living along with two spacious bedrooms and two new gas heaters.

Last Agent to Sell the Property

Katie Brooke

Vitalius Real Estate Group, LLC Listed on: 05/11/2022

Last Buyer's Agent

John Mullen

Mulkerin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,549

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,981 Sq Ft Home
  • Wood Flooring

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / A
  • Assessor Parcel Number PTLD-000130-A000003-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $33,007
  • Gross Income $49,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,549

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3981.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3981.0
  • 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 49740.0
  • Income Expenses Operating Expenses: 33007.0
  • Heat System:Steam: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl 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, Direct Vent Heater
  • 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: 9147.6
  • Parcel #: PTLD-000130-A000003-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 49740.0
  • Annual Operating Expense: 33007.0

Tax Info

  • Tax Annual Amount: 8549.0
  • Tax Block: A
  • Tax Book Number: 36115
  • Tax Lot: 3
  • Tax Map Number: 130
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Burke Jonas and Burke Noah
Bought by
Appleton Ridge Prop Llc
Total Days on Market
5
Current Estimated Value
$860,327

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 30, 2022
Sold by
Johnson Matthew C and Konta Sandra
Bought by
Burke Jonas and Burke Noah H
Seller's Agent
Katie Brooke
Vitalius Real Estate Group, LLC
Buyer's Agent
John Mullen
Mulkerin Real Estate
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 5, 2019
Closed on
Oct 25, 2019
Sold by
Kattman Mary F
Bought by
Johnson Matthew C and Konta Sandra
Seller's Agent
James McFarlane
Portside Real Estate Group
Buyer's Agent
Melissa Richter
Coldwell Banker Realty
List Price
$649,900
Sold Price
$560,000
Premium/Discount to List
-$89,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$355,300
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Appleton Ridge Prop Llc -- None Available
Burke Jonas $750,000 None Available
Johnson Matthew C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Jonas $600,000
Previous Owner Johnson Matthew C $355,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $750,000 +3.4% $188 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $725,000 +29.5% $182 / Sq Ft
10/25/2019 10/25/19 Sold $560,000 -13.8% $141 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $649,900 -- $163 / 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 $9,878 $658,100 $96,700 $561,400
2023 $9,483 $658,100 $96,700 $561,400
2022 $8,957 $658,100 $96,700 $561,400
2021 $8,549 $658,100 $96,700 $561,400
2020 $7,040 $302,000 $30,200 $271,800
2019 $7,040 $302,000 $30,200 $271,800
2018 $6,538 $302,000 $30,200 $271,800
2017 $6,538 $302,000 $30,200 $271,800
2016 $6,375 $302,000 $30,200 $271,800
2015 $6,230 $302,000 $30,200 $271,800
2014 $6,040 $302,000 $30,200 $271,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1527783

Maine Listings

APN: PTLD-000130-000000-A003001