NOT LISTED FOR SALE

Estimated Value: $811,949

8 Beds
3 Baths
2,970 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $262,500 $88 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $5,217/month

80 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Smart Grid Meter
  • New Englander Architecture
  • Double Pane Windows
  • 5-minute walk to Stone Street Splash Pad

About This Home

As of October 2014

On the peninsula! Three large clean sunny units in this well maintained building with on-site parking. Natural gas heat and hot water, good tenants, walking distance to everything. 100% occupancy for many years.

Last Agent to Sell the Property

David Gulick

Keller Williams Realty Listed on: 06/28/2014

Last Buyer's Agent

Jeffrey Davis

Town & Shore Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,825

Year Built

  • Built in 1910

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,970 Sq Ft Home
  • Double Pane Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Eco-Friendly Details

  • Smart Grid Meter

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 21 / C
  • Assessor Parcel Number 32Alder StreetPortland33C21

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $10,434
  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,825

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: 295 onto Forest Ave intown, L at the big Post Office onto Portland St, go several blocks, L at the red blinking light onto Alder Street, 32 is one in from the corner on the left. #32 on electric box
  • Above Grade Finished Sq Ft: 2970.0
  • Architectural Style: New Englander
  • Efficiency: Smart Electric Meter, Double Pane Windows
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2970.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 33000.0
  • Income Expenses Operating Expenses: 10434.0
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Heat System:Space Heater: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Unfinished
  • Full Bathrooms: 3
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: 32Alder StreetPortland33C21
  • Zoning: B2b

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33000.0
  • Annual Operating Expense: 10434.0

Tax Info

  • Tax Annual Amount: 4825.0
  • Tax Block: C
  • Tax Book Number: 21206
  • Tax Lot: 21
  • Tax Map Number: 33
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2014
Closed on
Nov 4, 2014
Sold by
Broad Wing Llc
Bought by
Dch Ret
Seller's Agent
David Gulick
Keller Williams Realty
Buyer's Agent
Jeffrey Davis
Town & Shore Real Estate
List Price
$314,000
Sold Price
$262,500
Premium/Discount to List
-$51,500
-16.4%
Total Days on Market
80
Current Estimated Value
$811,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,449
Avg. Annual Appreciation
11.35%
Original Mortgage
$196,875
Interest Rate
4.21%
Mortgage Type
New Conventional
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
Dch Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 32 Alder Llc $306,000
Closed Dch Ret $194,780
Closed Dch Ret $196,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $262,500 -16.4% $88 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
06/28/2014 06/28/14 For Sale $314,000 -- $106 / 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 $7,904 $526,600 $130,900 $395,700
2023 $7,588 $526,600 $130,900 $395,700
2022 $7,167 $526,600 $130,900 $395,700
2021 $6,841 $526,600 $130,900 $395,700
2020 $5,795 $248,600 $62,500 $186,100
2019 $5,795 $248,600 $62,500 $186,100
2018 $5,382 $248,600 $62,500 $186,100
2017 $5,382 $248,600 $62,500 $186,100
2016 $5,248 $248,600 $62,500 $186,100
2015 $5,129 $248,600 $62,500 $186,100
2014 $4,972 $248,600 $62,500 $186,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1142988

Maine Listings

APN: PTLD-000033-000000-C021001