NOT LISTED FOR SALE

38 Eastern Promenade Unit B Portland, ME 04101

East End Neighborhood

Estimated Value: $827,000 - $1,014,000

2 Beds
2 Baths
1,457 Sq Ft
$399/mo HOA Fee

Last Sold July 31, 2020

Last sale price $580,000 $398 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,022/month

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • Colonial Architecture
  • 2-minute walk to Eastern Promenade Park

About This Home

As of July 2020

What an opportunity to own your own condo offering views of Casco Bay. Cooks with love the expansive kitchen and more than ample kitchen storage. Surprise your guests with the private rooftop deck. Your condo has updated systems including heat pumps for heating and cooling and a natural gas fireplace as well as beautifully refinished hardwood floors. Additional improvements include remolded bathroom with walk-in tile shower, custom window treatments and unit has been freshly painted throughout. Convenient onsite parking with lots of in-unit storage as well as basement storage. Don't wait to see this one!

Last Agent to Sell the Property

Marc Chadbourne

Gardner Real Estate Group Listed on: 06/10/2020

Last Buyer's Agent

Erin Oldham

Benchmark Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,655

Year Built

  • Built in 1900

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Near Conservation Area
  • Landscaped
  • Level Lot

HOA Fees

  • $399 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,457 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • 2 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot K008
  • Assessor Parcel Number PTLD-000003-000000-K000838B

Community Details

Overview

  • 6 Units
  • 38 40 Eastern Promenade Subdivision
  • FHA/VA Approved Complex

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,655

Year Built

Built in 1900

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Subdivision Name: 38-40 Eastern Promenade
  • Directions: On the corner or Eastern Promenade and O'Brion Street.
  • Above Grade Finished Sq Ft: 1457.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1457.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: 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
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 399.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 6
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Primary Bedroom Amenities:Soaking Tub6: Yes
  • Room Features:Soaking Tub17: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Basement:Sump Pump: Yes
  • Location:Abuts Conservation: Yes
  • Den:Den: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:Total Units4: 6
  • Condominium:_pound_ of Buildings: 1
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Condominium:VA Certification: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Dining Room Dining Room Level: Second
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Landscaped, Abuts Conservation, Intown, Near Public Beach, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Membrane, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, On Site, Off Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Stove, Multi-Zones, Heat Pump, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 399.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000003-000000-K000838B
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7655.0
  • Tax Book Number: 34644
  • Tax Lot: K008
  • Tax Map Number: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 31, 2020
Sold by
Olson Wayne P
Bought by
Williams Susan
Seller's Agent
Marc Chadbourne
Gardner Real Estate Group
Buyer's Agent
Erin Oldham
Benchmark Real Estate
List Price
$580,000
Sold Price
$580,000
Current Estimated Value
$928,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,958
Avg. Annual Appreciation
9.52%
Original Mortgage
$464,000
Outstanding Balance
$412,361
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$516,597

Purchase Details

Closed on
Feb 8, 2018
Sold by
Patrick Christina C and Patrick Owen S
Bought by
Olson Wayne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2010
Sold by
Nicolich Anthony and Chaiklin Rebecca
Bought by
Patrick Christina C and Patrick Owen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.78%
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
Williams Susan -- None Available
Olson Wayne P -- --
Patrick Christina C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Susan $464,000
Previous Owner Olson Wayne P $406,500
Previous Owner Patrick Christina C $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $580,000 0.0% $398 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $580,000 -- $398 / 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 $8,370 $557,600 $111,520 $446,080
2023 $8,035 $557,600 $111,520 $446,080
2022 $7,589 $557,600 $111,520 $446,080
2021 $7,243 $557,600 $111,520 $446,080
2020 $7,655 $328,400 $65,700 $262,700
2019 $7,655 $328,400 $65,700 $262,700
2018 $7,382 $328,400 $65,700 $262,700
2017 $7,110 $328,400 $65,700 $262,700
2016 $6,933 $328,400 $65,700 $262,700
2015 $6,775 $328,400 $65,700 $262,700
2014 $6,568 $328,400 $65,700 $262,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marc Chadbourne

    Gardner Real Estate Group

    (207) 465-5569

    48 Total Sales

    Marc Chadbourne
    Section Image

  • E

    Buyer's Agent in 2020

    Erin Oldham

    Benchmark Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1455767

Maine Listings

APN: PTLD-000003-000000-K000838B

Maine Cumberland County Portland 04101 East End

38 Eastern Promenade Unit B, Portland, ME

This home is located at 38 Eastern Promenade Unit B, Portland, ME 04101 since 10 June 2020 and is currently estimated at $928,958, approximately $637 per square foot. This property was built in 1900. 38 Eastern Promenade Unit B is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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