NOT LISTED FOR SALE

Estimated Value: $812,000 - $987,000

5 Beds
3 Baths
3,040 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $675,626 $222 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,970/month

4 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Bathtub
  • Colonial Architecture
  • No HOA
  • 1-minute walk to Harbor View Memorial Park

About This Home

As of April 2021

Great investment opportunity in the beautiful West End, featuring sunny and spacious units, excellent rental income and the potential for a 4th unit in the unfinished space on the street level. The first floor unit is laid out well, with a spacious living room, separate dining room, 2 bedrooms, an additional flex room/office and large kitchen. Unit 2 comes with views of the water, tons of windows letting the outside in, a spacious family room, 2 nicely sized bedrooms, a separate dining room, flex room/office and a large kitchen. Heading up to unit 3, you will find a reading nook area, a nicely sized bedroom, family room, spacious kitchen with plenty of storage space and an awesome deck area boasting amazing views! This building has plenty to offer with its proximity to all downtown amenities; you won't want to miss out! Showings need to be set up through Showingtime.

Last Agent to Sell the Property

Bridget King Jason Miller

Portside Real Estate Group Listed on: 01/20/2021

Last Buyer's Agent

David Marsden

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,324

Year Built

  • Built in 1835

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Open Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,040 Sq Ft Home
  • Water Views

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • 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

  • Legal Lot and Block 12 / B
  • Assessor Parcel Number PTLD-000058-B000012-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $3,090
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,324

Year Built

Built in 1835

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Water Body Name: Ocean
  • MLS Status: Closed
  • Directions: From Danforth heading west turn left onto to Clark Street. Property will be on the left.
  • Above Grade Finished Sq Ft: 3040.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1835
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3040.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 51600.0
  • Income Expenses Operating Expenses: 3090.0
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Gas:Natural - At Street: Yes
  • Basement:BrickMortar: Yes
  • Heat System:Direct Vent Heater: Yes
  • Roof:Membrane: Yes
  • Basement Entry:Exterior Only: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Exterior Only
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Bathtub, Shower

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Turnpike/Interstate, Near Town
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Membrane, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, 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: 3049.2
  • Parcel #: PTLD-000058-B000012-000001
  • Zoning: R-6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 51600.0
  • Annual Operating Expense: 3090.0

Tax Info

  • Tax Annual Amount: 7324.0
  • Tax Block: B
  • Tax Book Number: 25302
  • Tax Lot: 12
  • Tax Map Number: 58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Nervous Water Llc
Bought by
Taymore Crosby W
Current Estimated Value
$928,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$576,604
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,396

Purchase Details

Closed on
Jul 18, 2007
Sold by
Lare Sandra J
Bought by
Grant Justin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,120
Interest Rate
6.54%
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
Taymore Crosby W -- None Available
Grant Justin M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taymore Crosby W $600,000
Previous Owner Grant Justin M $315,000
Previous Owner Grant Justin M $248,100
Previous Owner Grant Justin M $263,120
Previous Owner Grant Justin M $49,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $675,626 +2.4% $222 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $660,000 -- $217 / 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 $9,594 $639,200 $279,000 $360,200
2023 $9,211 $639,200 $279,000 $360,200
2022 $8,700 $639,200 $279,000 $360,200
2021 $8,140 $626,600 $279,000 $347,600
2020 $7,324 $314,200 $140,600 $173,600
2019 $7,324 $314,200 $140,600 $173,600
2018 $6,802 $314,200 $140,600 $173,600
2017 $6,802 $314,200 $140,600 $173,600
2016 $6,633 $314,200 $140,600 $173,600
2015 $6,482 $314,200 $140,600 $173,600
2014 $6,284 $314,200 $140,600 $173,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480165

Maine Listings

APN: PTLD-000058-000000-B012001