$610,000
SOLD JAN 8, 2025
1 Bed
1 Bath
777 Sq Ft
$306/mo HOA Fee

Recently Sold

$785 Per Sq Ft

6% Below List Price

35 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Contemporary Architecture
  • Wood Flooring
  • The property is located in a historic district
  • Property is near public transit
  • 5-minute walk to Pleasant Street Park

About This Home

As of January 2025

Here is your opportunity to live at the highly coveted
Hobson's Landing community located in Portland's
downtown waterfront district. This pristine one
bedroom unit offers functionality, tall ceilings,
abundant natural light, quartz countertops, high-end
appliances, a gas fireplace and beautiful finishes
throughout. The primary suite is filled with sunlight
and includes an expansive walk-in closet and full
bathroom with radiant heat. Enjoy evenings by the
fireplace in the beautiful living area or soak in the
salt air and water views from the convenience of
your outdoor patio. Also offered is an onsite
parking space and additional storage for skis,
bicycles, etc. This prestigious and pet friendly
development offers numerous amenities including
concierge service, a guest suite, remote office work
area, clubhouse, workout facility, a shared Tesla,
dog wash stations and so much more. Located in
close proximity to Portland's finest galleries,
shopping, restaurants, the Portland Museum of Art
and easy access to all beautiful Casco Bay and
downtown Portland have to offer. Just minutes from
the Portland International Airport, Amtrak Station
and I-295

Last Agent to Sell the Property

Marika Clark

Legacy Properties Sotheby's International Realty Listed on: 11/04/2024

Last Buyer's Agent

Kerry Hall

Cates Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,362

Year Built

  • Built in 2020

Lot Details

  • Property Fronts a Bay or Harbor
  • Sprinkler System

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Vehicle Home Charger
  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking
  • Reserved Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 777 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Internet Available

Additional Features

  • Level Entry For Accessibility
  • Air Exchanger
  • Patio

Listing and Financial Details

  • Tax Lot A002
  • Assessor Parcel Number 383commercialstreet#305portland04101

Community Details

Overview

  • 64 Units
  • FHA/VA Approved Complex

Amenities

  • Elevator
  • Service Elevator
  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,362

Year Built

Built in 2020

Lot Details

0

HOA Fees

$306 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 777.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 777.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 306.44
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Foundation Materials:Slab: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Units in Building: 64
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Room Features:Island2: Yes
  • Room Features:Walk-in Closet17: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Cooktop: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Condominium:Total Units4: 128
  • Green Features:Air Exchanger: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Construction:Masonry: Yes
  • Parking:Electric Vehicle Charging Station(s): Yes
  • Amenities:Elevator Freight: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher, Cooktop
  • Accessibility Features: Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger, 1st Floor Bedroom, Bathtub, Elevator Freight, Storage
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping, Near Public Transit, Near Railroad
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Brick, Masonry, Steel Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Roof: Flat, Membrane
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Common, On Site, Off Street, Electric Vehicle Charging Station(s)

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Sprinkler, Fire System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 306.44
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Parcel #: 383commercialstreet#305portland04101
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 64
  • Number Of Units Total: 128

Tax Info

  • Tax Annual Amount: 6362.0
  • Tax Book Number: 396719
  • Tax Lot: A002
  • Tax Map Number: 042
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2024
Closed on
Dec 31, 2024
Sold by
Thomas Kyle
Bought by
Miller Robert
Seller's Agent
Marika Clark
Legacy Properties Sotheby's International Realty
Buyer's Agent
Kerry Hall
Cates Real Estate
List Price
$650,000
Sold Price
$610,000
Premium/Discount to List
-$40,000
-6.15%
Views
146
Current Estimated Value
$626,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,780
Avg. Annual Appreciation
4.07%
Original Mortgage
$77,000
Outstanding Balance
$75,770
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$551,010

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 8, 2021
Sold by
Deering Prop Dev Llc
Bought by
Walls Shelly A
Seller's Agent
Sandra Johnson
Town & Shore Real Estate
Buyer's Agent
Bailey Pate
Keller Williams Realty
List Price
$415,000
Sold Price
$445,000
Premium/Discount to List
$30,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.75%
Original Mortgage
$356,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $610,000 None Available
Warranty Deed $610,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,000 Credit Line Revolving
Previous Owner $434,925 Purchase Money Mortgage
Previous Owner $356,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $610,000 -6.2% $785 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/04/2024 11/04/24 For Sale $650,000 +12.1% $837 / Sq Ft
08/29/2022 08/29/22 Sold $579,900 0.0% $746 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $579,900 +30.3% $746 / Sq Ft
04/08/2021 04/08/21 Sold $445,000 +7.2% $573 / Sq Ft
02/24/2021 02/24/21 For Sale $415,000 -- $534 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
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 $6,363 $423,900 $84,780 $339,120
2023 $6,108 $423,900 $84,780 $339,120
2022 $5,769 $423,900 $84,780 $339,120
2021 $5,506 $423,900 $84,780 $339,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1608601

Maine Listings

APN: PTLD M:042 B:A002305