NOT LISTED FOR SALE

Estimated Value: $960,000 - $1,210,429

9 Beds
3 Baths
4,290 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $610,000 $142 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,598/month

5 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • No HOA
  • Longfellow School-Portland Rated 10
  • Wood Flooring
  • Bathtub

About This Home

As of June 2019

Massive Rosemont triple flat 3-unit with ample parking behind the building, three high efficiency gas boilers and an abundance of Portland charm! All three units are classic 3-bedroom layouts that tenants adore - the vacant first floor underwent a significant kitchen renovation which demonstrates the inherent potential in the other two Units. The 2nd and 3rd floor units are occupied by long-term tenants and the rents are reflective of that.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 05/06/2019

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Wade Fleming

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,668

Year Built

  • Built in 1924

Lot Details

  • 6,534 Sq Ft Lot
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • 4,290 Sq Ft Home
  • Flat Roof Shape
  • Block Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Washer and Dryer Hookup
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 4 / H
  • Assessor Parcel Number PTLD-000176-000000-H004001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,668

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 4290.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1924
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.15
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4290.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Gas:Natural - At Street: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Roof:Flat: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Interior Amenities: Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Foundation Details: Block
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, Common, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: PTLD-000176-000000-H004001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7668.0
  • Tax Block: H
  • Tax Book Number: 12372
  • Tax Lot: 4
  • Tax Map Number: 176
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jun 26, 2019
Sold by
Lufkin John N and Lufkin Sarah J
Bought by
Fallon Michael P and Pesa Fallon M
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Wade Fleming
Keller Williams Realty
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Current Estimated Value
$1,059,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,357
Avg. Annual Appreciation
9.73%
Original Mortgage
$488,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Fallon Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesa-Fallon Michae $554,000
Closed Fallon Michael P $488,000
Previous Owner Lufkin John N $220,000
Previous Owner Lufkin John N $75,000
Previous Owner Lufkin John N $45,000
Previous Owner Lufkin John N $204,600
Previous Owner Lufkin John N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $610,000 +1.8% $142 / Sq Ft
05/12/2019 05/12/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $599,000 -- $140 / 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 $11,448 $762,700 $74,600 $688,100
2023 $10,991 $762,700 $74,600 $688,100
2022 $10,380 $762,700 $74,600 $688,100
2021 $9,907 $762,700 $74,600 $688,100
2020 $7,951 $341,100 $87,800 $253,300
2019 $7,951 $341,100 $87,800 $253,300
2018 $7,385 $341,100 $87,800 $253,300
2017 $7,385 $341,100 $87,800 $253,300
2016 $7,201 $341,100 $87,800 $253,300
2015 $7,037 $341,100 $87,800 $253,300
2014 $6,822 $341,100 $87,800 $253,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1413072

Maine Listings

APN: PTLD-000176-000000-H004001