NOT LISTED FOR SALE

Estimated Value: $568,000 - $692,000

4 Beds
2 Baths
2,140 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $448,000 $209 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,857/month

6 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wooded Lot
  • No HOA
  • Property is near public transit
  • Wood Flooring
  • Porch

About This Home

As of September 2020

This truly is a hidden gem and a unique opportunity! A lovely light-filled California-style ranch with a legal in-law apartment, this charming property is ideal for the owner-occupant who would like the extra income. Tucked at the end of a cul de sac on a side street in Back Cove, with a tree-lined backyard that abuts Canco Woods, this home offers a serene retreat from the bustle of urban life. Take a walk in the woods, jog to Payson Park, or stroll down to the 3+ mile Back Cove Trail. Yet only a short drive to downtown Portland, the Jetport, and Route 95. The first floor offers single-level living with a sunny, welcoming living area, a private master bedroom, eat-in kitchen; as well as an attached 2-bay garage. On a warm day, sit outside under the covered patio and gaze at the wooded surrounds. On a cool evening, relax next to the warmth of the gas fireplace. The basement unit has a private entrance with an open-concept design offering a large living room and kitchen with a separate bedroom area. The minute you step inside this house, you feel at peace. This home is move-in ready and awaits the next lucky buyer! First floor will be shown at initial showings; interested parties can return for a second showing to view tenants' unit downstairs.

Last Agent to Sell the Property

L Kate Hodgson

Locations Real Estate Group LLC Listed on: 07/24/2020

Last Buyer's Agent

Heidi Nottonson

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 1955

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 5 / C
  • Assessor Parcel Number PTLD-000155-000000-C005001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,788

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Read St to Glengarden
  • Above Grade Finished Sq Ft: 1166.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1166.0
  • Property Information:SqFt Finished Below Grade: 974.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Style:Ranch: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 14400.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Unknown
  • Heat System:Space Heater: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 1
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Doghouse
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 974.0
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Baseboard
  • 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: 15681.6
  • Parcel #: PTLD-000155-000000-C005001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14400.0

Tax Info

  • Tax Annual Amount: 4788.0
  • Tax Block: C
  • Tax Book Number: 29837
  • Tax Lot: 5
  • Tax Map Number: 155
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 18, 2020
Sold by
Thayer Lori
Bought by
Burke David
Seller's Agent
L Kate Hodgson
Locations Real Estate Group LLC
Buyer's Agent
Heidi Nottonson
Keller Williams Realty
List Price
$443,000
Sold Price
$448,000
Premium/Discount to List
$5,000
1.13%
Current Estimated Value
$629,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,566
Avg. Annual Appreciation
6.27%
Original Mortgage
$380,800
Outstanding Balance
$342,506
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$261,980

Purchase Details

Closed on
Aug 14, 2012
Sold by
St Thomas Bruce C and Stthomas Margaret A
Bought by
Thayer Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2008
Sold by
Stthomas Bruce C
Bought by
Stthomas Bruce C and Fallon-Stthomas Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.11%
Mortgage Type
Unknown
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
Burke David -- None Available
Thayer Lori -- --
Stthomas Bruce C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke David $380,800
Previous Owner Thayer Lori $221,600
Previous Owner Stthomas Bruce C $25,000
Previous Owner Stthomas Bruce C $110,000
Previous Owner Stthomas Bruce C $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $448,000 +1.1% $209 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $443,000 -- $207 / 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 $6,193 $412,600 $73,600 $339,000
2023 $5,946 $412,600 $73,600 $339,000
2022 $5,615 $412,600 $73,600 $339,000
2021 $5,360 $412,600 $73,600 $339,000
2020 $6,445 $205,400 $76,400 $129,000
2019 $4,788 $205,400 $76,400 $129,000
2018 $4,040 $205,400 $76,400 $129,000
2017 $4,447 $205,400 $76,400 $129,000
2016 $4,336 $205,400 $76,400 $129,000
2015 $4,237 $205,400 $76,400 $129,000
2014 $4,108 $205,400 $76,400 $129,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1461489

Maine Listings

APN: PTLD-000155-000000-C005001