NOT LISTED FOR SALE

329 Preble St South Portland, ME 04106

Willard Neighborhood

Estimated Value: $977,000 - $1,268,076

6 Beds
4 Baths
2,744 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $1,010,000 $368 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,867/month

6 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Wooded Lot
  • Dora L. Small Elementary School Rated 9+
  • 0.29 Acre Lot
  • Wood Flooring

About This Home

As of July 2022

Here is your chance to live in the heart of Willard Square, just steps to the ocean! This 3 unit offers ocean views from the top unit. Charm and character is found throughout with high ceilings in unit 1 + 2. Unit 1 offers 2 bedrooms and 1 full bath with an updated kitchen. Unit 1+2 offers decks with ocean breeze perfect for grilling, with sunrooms for the cooler days. Every time you step out of your door or open your windows you'll be greeted with ocean air. The units are flooded with natural light thanks to the gracious large windows! Unit 3 could be a great pied-à-terre or AirBNB! Alternatively, you could bring your vision and turn the 1st and 2nd floor as an owners unit, while keeping the 3rd floor for guest or income. The outside offers a private, non-buildable lot and large parking area. Raised beds and large, private backyard for your summer outdoor gatherings. Just a hop skip and a jump to the Willard Square community; Scratch Bakery, Rosemont Market, Elsmere BBQ, SMCC, Greenbelt, Bug Light, and trails for days! Block Showings: Tuesday June 7th 4-5:30PM Thursday, June 9th 12-2PM OPEN HOUSE Saturday, June 11th, 11-1PMListing agent will be present at all showings.All offers due Monday June 13th by 5 pm with 24 hour response time. *******

Last Agent to Sell the Property

Sarah Delisl Courtney Sweeton

Portside Real Estate Group Listed on: 06/07/2022

Last Buyer's Agent

Ethan Morton

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,176

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Ocean Front
  • Public Beach
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,744 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Gravel Driveway
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number SPOR-000002-000000-000192

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $1,200
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,176

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Water Body Name: Willard Beach/Casco Bay
  • MLS Status: Closed
  • Directions: Cottage Road through Willard Square. Left on Preble  directly across from Franklin Terrace (the street that leads down to Willard Beach).
  • Above Grade Finished Sq Ft: 2744.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.29
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2744.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: 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
  • 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
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 28800.0
  • Income Expenses Operating Expenses: 1200.0
  • Location:Near Public Beach: Yes
  • Foundation Materials:Block3: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Rolling Slope, Sidewalks, Landscaped, Wooded, Intown, Near Public Beach
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Shingle Siding, Wood Frame
  • Foundation Details: Block, Stone
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Heater, 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: 12632.4
  • Parcel #: SPOR-000002-000000-000192
  • Zoning: G

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28800.0
  • Annual Operating Expense: 1200.0

Tax Info

  • Tax Annual Amount: 8176.0
  • Tax Book Number: 32890
  • Tax Lot: 192
  • Tax Map Number: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jul 26, 2022
Sold by
Smith Benjamin K and Casale Mary E
Bought by
329 Preble Street Llc
Seller's Agent
Sarah Delisl Courtney Sweeton
Portside Real Estate Group
Buyer's Agent
Ethan Morton
Keller Williams Realty
List Price
$875,000
Sold Price
$1,010,000
Premium/Discount to List
$135,000
15.43%
Current Estimated Value
$1,116,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,519
Avg. Annual Appreciation
3.64%
Original Mortgage
$808,000
Outstanding Balance
$779,054
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$350,832

Purchase Details

Listed on
Jul 27, 2015
Closed on
Feb 1, 2016
Sold by
Doves Nest Llc
Bought by
Casale Mary E and Smith Benjamin K
Seller's Agent
The Marc Gup
Keller Williams Realty
Buyer's Agent
Sarah Delisle
Bean Group
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$345,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Robinson Joseph P
Bought by
Folland Timothy S and Hiser Poppy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,398
Interest Rate
5.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
329 Preble Street Llc $1,010,000 None Available
Casale Mary E -- --
Folland Timothy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 329 Preble Street Llc $808,000
Previous Owner Smith Benjamin K $166,000
Previous Owner Casale Mary E $345,000
Previous Owner Folland Timothy S $264,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $1,010,000 +15.4% $368 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $875,000 +90.2% $319 / Sq Ft
01/28/2016 01/28/16 Sold $460,000 +2.2% $168 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $450,000 -- $164 / 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 $11,013 $834,300 $356,300 $478,000
2023 $9,175 $648,900 $245,800 $403,100
2022 $8,654 $556,200 $196,500 $359,700
2021 $8,176 $556,200 $196,500 $359,700
2020 $7,742 $392,000 $156,500 $235,500
2019 $7,311 $392,000 $156,500 $235,500
2018 $7,105 $392,000 $156,500 $235,500
2017 $7,056 $392,000 $156,500 $235,500
2016 $6,568 $371,100 $135,600 $235,500
2015 $6,201 $356,400 $135,600 $220,800
2014 $6,094 $356,400 $135,600 $220,800
2013 -- $356,400 $135,600 $220,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sarah Delisl Courtney Sweeton

    Portside Real Estate Group

  • E

    Buyer's Agent in 2022

    Ethan Morton

    Keller Williams Realty

  • T

    Seller's Agent in 2016

    The Marc Gup

    Keller Williams Realty

    (207) 232-6127

    22 in this area

    218 Total Sales

    The Marc Gup
    Section Image

  • S

    Buyer's Agent in 2016

    Sarah Delisle

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1531377

Maine Listings

APN: SPOR-000002-000000-000192

Maine Cumberland County South Portland 04106 Willard

329 Preble St, South Portland, ME

This home is located at 329 Preble St, South Portland, ME 04106 since 07 June 2022 and is currently estimated at $1,116,519, approximately $406 per square foot. This property was built in 1900. 329 Preble 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.

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