NOT LISTED FOR SALE

29 Free St South Portland, ME 04106

Ferry Village Neighborhood

Estimated Value: $580,000 - $719,439

4 Beds
2 Baths
1,846 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $390,000 $211 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,057/month

1 Day on Market

Highlights

  • Public Beach
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Shed
  • 3-minute walk to School Street Playground

About This Home

As of December 2019

Great opportunity for any investor looking to start or expand their portfolio, perfect for owner occupy. This spacious two unit is centrally located just minutes to Green Belt, SMCC, Spring Point, Beaches and restaurants. Units feature 2-3 bedrooms, great layouts, gleaming refinished hardwood floors and an abundance of windows allow for tons of natural light. Updates over the recent years including windows, fresh exterior and interior paint throughout, deck and much more.

Last Agent to Sell the Property

Sydney Harrison

Town & Shore Real Estate Listed on: 11/06/2019

Last Buyer's Agent

Josh Soley

Compass Commercial Brokers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1925

Lot Details

  • 3,049 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,846 Sq Ft Home
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Tile

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Additional Features

  • Shed
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 153
  • Assessor Parcel Number SPOR-000006-000000-000153

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,856

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • MLS Status: Closed
  • Directions: Broadway to Sawyer St., take left onto Mosher and right on Free. #29 on the left.
  • Above Grade Finished Sq Ft: 1846.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1846.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Location:Near Public Beach: Yes
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Other

Exterior Features

  • Lot Features: Level, Intown, Near Public Beach, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 3049.2
  • Parcel #: SPOR-000006-000000-000153
  • Zoning: G

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3856.0
  • Tax Book Number: 32417
  • Tax Lot: 153
  • Tax Map Number: 006
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 13, 2019
Sold by
Mcdonald Matthew R
Bought by
Loeman Mitch N
Seller's Agent
Sydney Harrison
Town & Shore Real Estate
Buyer's Agent
Josh Soley
Compass Commercial Brokers, LLC
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Current Estimated Value
$653,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,860
Avg. Annual Appreciation
8.24%
Original Mortgage
$365,750
Interest Rate
3.6%
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
Loeman Mitch N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naddaff-Loeman Mitch $366,000
Closed Loeman Mitch N $365,750
Previous Owner Mcdonald Matthew R $110,000
Previous Owner Mcdonald Matthew R $175,400
Previous Owner Mcdonald Matthew R $169,866
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $390,000 +1.3% $211 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $385,000 -- $209 / 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 $6,013 $455,500 $171,200 $284,300
2023 $5,146 $363,900 $114,700 $249,200
2022 $4,915 $315,900 $91,800 $224,100
2021 $4,644 $315,900 $91,800 $224,100
2020 $4,161 $210,700 $70,600 $140,100
2019 $4,024 $210,700 $70,600 $140,100
2018 $3,659 $201,900 $70,600 $131,300
2017 $3,634 $201,900 $70,600 $131,300
2016 $3,460 $195,500 $64,200 $131,300
2015 $3,402 $195,500 $64,200 $131,300
2014 $3,343 $195,500 $64,200 $131,300
2013 -- $195,500 $64,200 $131,300
Source: Public Records

Agents Affiliated with this Home

  • Sydney Harrison

    Seller's Agent in 2019

    Sydney Harrison

    Town & Shore Real Estate

    (207) 751-3671

    225 Total Sales

    Sydney Harrison
    Section Image

  • J

    Buyer's Agent in 2019

    Josh Soley

    Compass Commercial Brokers, LLC

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Map

Source: Maine Listings

MLS Number: 1438320

Maine Listings

APN: SPOR-000006-000000-000153

Maine Cumberland County South Portland 04106 Ferry Village

29 Free St, South Portland, ME

This home is located at 29 Free St, South Portland, ME 04106 since 06 November 2019 and is currently estimated at $653,860, approximately $354 per square foot. This property was built in 1925. 29 Free St is a home located in Cumberland County with nearby schools including Dora L. Small Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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.

Maine Listings 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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