NOT LISTED FOR SALE

Estimated Value: $714,000 - $797,324

4 Beds
2 Baths
1,904 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $670,000 $352 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,642/month

10 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Zoned Heating
  • Attic
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of November 2023

Welcome to this fantastic opportunity to own a charming townhouse style duplex in Portland, Maine. This well-maintained property offers a unique investment prospect, with two spacious 2-bedroom units, each boasting its own distinctive features and ample living space. Whether you're looking for an investment property or a place to call home while generating rental income, 32 Hillis Street is a must-see. Open house Wednesday Oct 18th 4-6pm and Sunday Oct 22nd 10am-12pm

Last Agent to Sell the Property

Matt Boulerice

New England Realty Group LLC Listed on: 10/16/2023

Last Buyer's Agent

Jed Rathband

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,409

Year Built

  • Built in 1925

Lot Details

  • 6,098

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,904 Sq Ft Home
  • Wood Flooring
  • Washer and Dryer Hookup
  • Attic

Unfinished Basement

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 26 / A
  • Assessor Parcel Number 176 A026001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,408
  • Gross Income $44,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,409

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • MLS Status: Closed
  • Directions: From Woodford or Ludlow St turn onto Hillis Street.
  • Above Grade Finished Sq Ft: 1904.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1904.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 44244.0
  • Income Expenses Operating Expenses: 9408.0
  • Style:Duplex: Yes
  • Amenities:Attic: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: Attic
  • Full Basement: Yes

Exterior Features

  • Lot Features: Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 6098.4
  • Parcel #: 176 A026001
  • Zoning: RES

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44244.0
  • Annual Operating Expense: 9408.0

Tax Info

  • Tax Annual Amount: 6409.0
  • Tax Block: A
  • Tax Book Number: 35072
  • Tax Lot: 26
  • Tax Map Number: 176
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2023
Closed on
Nov 21, 2023
Sold by
Hillis St Llc
Bought by
Adams Daniel
Seller's Agent
Matt Boulerice
New England Realty Group LLC
Buyer's Agent
Jed Rathband
Keller Williams Realty
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$741,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,081
Avg. Annual Appreciation
5.43%
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
Adams Daniel $670,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hillis Street Llc $220,000
Previous Owner Caminiti Steven L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $670,000 -4.1% $352 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $699,000 +154.2% $367 / Sq Ft
08/09/2018 08/09/18 Sold $275,000 -12.7% $144 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $315,000 -- $165 / 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 $7,344 $489,300 $93,300 $396,000
2023 $6,410 $444,800 $93,300 $351,500
2022 $6,054 $444,800 $93,300 $351,500
2021 $5,778 $444,800 $93,300 $351,500
2020 $5,793 $248,500 $87,800 $160,700
2019 $5,793 $248,500 $87,800 $160,700
2018 $5,380 $248,500 $87,800 $160,700
2017 $5,380 $248,500 $87,800 $160,700
2016 $5,246 $248,500 $87,800 $160,700
2015 $5,127 $248,500 $87,800 $160,700
2014 $4,970 $248,500 $87,800 $160,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575025

Maine Listings

APN: PTLD-000176-000000-A026001