NOT LISTED FOR SALE

Portland House 340 Eastern Promenade Unit 255 Portland, ME 04101

East End Neighborhood

Estimated Value: $855,000 - $1,155,000

3 Beds
3 Baths
1,919 Sq Ft
$560/mo HOA Fee

Last Sold October 15, 2020

Last sale price $799,000 $416 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,515/month

2 Days on Market

Highlights

  • In Ground Pool
  • Elevator
  • Living Room
  • Deck
  • 1 Car Detached Garage
  • 5-minute walk to Fort Sumner Park

About This Home

As of October 2020

Unobstructed panoramic views of the city of Portland, Back Cove, Mount Washington and Casco Bay from this gorgeous penthouse unit! Recently fully renovated, unit features 3 bedrooms, 3 Baths and a rare private top floor deck. A showpiece of craftsmanship, the details reflect thoughtful design creating a welcoming space that does not disappoint. The primary suite offers a large walk-in closet with custom cabinetry and a beautiful designer bathroom. Open concept living/dining/kitchen is well suited for entertaining. Promenade towers amenities include an outdoor pool, fitness room, meeting room and a shared community library. Private car-port parking is reserved for this unit with plenty of guest parking available. Condo fee includes internet and cable tv.

Last Agent to Sell the Property

Andrew Roy

Portside Real Estate Group Listed on: 09/02/2020

Last Buyer's Agent

Andrew Roy

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,343

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Open Lot
  • Sprinkler System

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Carport
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 1,919 Sq Ft Home
  • Living Room
  • Carpet
  • Interior Basement Entry
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • City Lot

Utilities

  • Central Air
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 2-4
  • Assessor Parcel Number PTLD-000015-000000-A002079

Community Details

Overview

  • 80 Units
  • High-Rise Condominium
  • Promenade Towers Subdivision

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • No Dogs Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,343

Year Built

Built in 1975

Lot Details

0

HOA Fees

$560 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Promenade Towers
  • Directions: Eastern Promenade to Walnut St., guest parking lot is on the upper side of the building closer to North St.
  • Above Grade Finished Sq Ft: 1919.0
  • Architectural Style: High Rise
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1919.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 560.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 80
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Carport: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Style:High Rise: Yes
  • Construction:Masonry: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Storage
  • Bedroom 2 Level: Upper
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Upper
  • Bedroom 1:Bedroom 1 Level: Upper

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Common, On Site, Carport, Detached, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 560.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Dogs Allowed

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000015-000000-A002079
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 80

Tax Info

  • Tax Annual Amount: 6343.0
  • Tax Block: 2-4
  • Tax Book Number: 31303
  • Tax Lot: 6
  • Tax Map Number: 15/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jan 27, 2014
Sold by
Leeman Brian K and Leeman Michele M
Bought by
Ladd Megan H
Seller's Agent
Deborah Blackburn
Mulkerin Real Estate
Buyer's Agent
Andrew Roy
Portside Real Estate Group
List Price
$449,900
Sold Price
$386,000
Premium/Discount to List
-$63,900
-14.2%
Current Estimated Value
$980,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,724
Avg. Annual Appreciation
7.73%
Original Mortgage
$246,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2009
Sold by
Quinn Edna B and Erskine Thomas L
Bought by
Leeman Brian K and Leeman Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.92%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ladd Megan H -- --
Leeman Brian K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladd Megan H $250,000
Closed Ladd Megan $175,000
Closed Ladd Megan H $246,000
Previous Owner Erskine Thomas L $224,000
Previous Owner Erskine Thomas L $131,000
Previous Owner Erskine Thomas L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $799,000 -3.2% $416 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $825,000 +113.7% $430 / Sq Ft
01/24/2014 01/24/14 Sold $386,000 -14.2% $201 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $449,900 -- $234 / 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 $7,338 $488,900 $97,780 $391,120
2023 $7,045 $488,900 $97,780 $391,120
2022 $9,942 $730,500 $146,100 $584,400
2021 $9,489 $730,500 $146,100 $584,400
2020 $6,343 $272,100 $54,400 $217,700
2019 $6,343 $272,100 $54,400 $217,700
2018 $1,852 $272,100 $54,400 $217,700
2017 $5,891 $272,100 $54,400 $217,700
2016 $5,744 $272,100 $54,400 $217,700
2015 $5,613 $272,100 $54,400 $217,700
2014 $5,442 $272,100 $54,400 $217,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1467129

Maine Listings

APN: PTLD-000015-000000-A002079