C
Seller's Agent in 2022
Christine Paladino
Keller Williams Realty
35 Mayo St Portland, ME 04101
East Bayside NeighborhoodEstimated Value: $967,373 - $1,359,000
9
Beds
3
Baths
3,672
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Porch
- Wood Flooring
- No HOA
- 2-minute walk to Peppermint Park
About This Home
As of September 2022Rare opportunity to own this spectacular updated and very well maintained 3 unit near downtown Portland. This turnkey investment property or owner occupied all 3 units have been updated throughout with modern kitchens and baths, hardwood floors and high ceilings. Each unit has separate electrical and heat systems. There is off street parking, excellent current tenants and good rental income. The current owners previously rented out 2 of the units as AirBnB. Those units come completely furnished. All 3 units are now rented with longer term tenants. Truly a rare find!
Last Agent to Sell the Property
Christine Paladino
Keller Williams Realty Listed on: 07/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,329
Year Built
- Built in 1910
Lot Details
- 2,178 Sq Ft Lot
- Corner Lot
- Sprinkler System
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3 Full Bathrooms
- 3,672 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Fire Sprinkler System
- ENERGY STAR Qualified Appliances
Flooring
- Wood
- Tile
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- No Driveway
- Paved Parking
- On-Site Parking
- Off-Site Parking
Accessible Home Design
- Bath Modification
- Accessible Kitchen
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- Level Entry For Accessibility
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Gas Water Heater
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Tax Lot I-019
- Assessor Parcel Number PTLD-000022-I000019-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Coin Laundry
Pet Policy
- No Pets Allowed
Building Details
- Operating Expense $8,815
- Gross Income $69,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2022
Closed on
Sep 30, 2022
Sold by
35 Mayo Street Llc
Bought by
Landano & Co Llc
Seller's Agent
Christine Paladino
Keller Williams Realty
Buyer's Agent
Brice O'Connor
The Boulos Company
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,593
Avg. Annual Appreciation
8.48%
Original Mortgage
$680,000
Outstanding Balance
$654,528
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,183
Purchase Details
Closed on
Jan 30, 2013
Sold by
Moonstone Props Llc
Bought by
35 Mayo Street Llc
Purchase Details
Closed on
Nov 15, 2012
Sold by
Shw Props Llc
Bought by
Moonstone Props Llc
Purchase Details
Closed on
Apr 21, 2009
Sold by
Bank New York Mellon Tr
Bought by
Fowler-Greaves Steven and Fowler-Greaves Jennifer W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Landano & Co Llc | $850,000 | None Available | |
| 35 Mayo Street Llc | -- | -- | |
| Moonstone Props Llc | -- | -- | |
| Fowler-Greaves Steven | -- | -- | |
| Bank New York Mellon Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Landano & Co Llc | $680,000 | |
| Previous Owner | Shw Props Llc | $125,000 | |
| Previous Owner | Bank New York Mellon Tr | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $850,000 | -8.1% | $231 / Sq Ft |
| 08/02/2022 08/02/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | For Sale | $925,000 | -- | $252 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $10,585 | $705,200 | $129,800 | $575,400 |
| 2023 | $9,240 | $641,200 | $129,800 | $511,400 |
| 2022 | $8,727 | $641,200 | $129,800 | $511,400 |
| 2021 | $8,329 | $641,200 | $129,800 | $511,400 |
| 2020 | $6,615 | $283,800 | $61,400 | $222,400 |
| 2019 | $6,615 | $283,800 | $61,400 | $222,400 |
| 2018 | $6,380 | $283,800 | $61,400 | $222,400 |
| 2017 | $6,144 | $283,800 | $61,400 | $222,400 |
| 2016 | $5,991 | $283,800 | $61,400 | $222,400 |
| 2015 | $5,855 | $283,800 | $61,400 | $222,400 |
| 2014 | $5,676 | $283,800 | $61,400 | $222,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Brice O'Connor
Buyer's Agent in 2022
Brice O'Connor
The Boulos Company
(603) 674-2272
1 in this area
3 Total Sales
Map
Source: Maine Listings
MLS Number: 1535222
APN: PTLD-000022-000000-I019001
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