Seller's Agent in 2022
Jeffrey Mateja
Keller Williams Realty
(207) 879-9800
3 in this area
957 Total Sales
39 Cumberland Rd South Portland, ME 04106
Highland NeighborhoodEstimated Value: $541,290 - $619,000
4
Beds
2
Baths
1,700
Sq Ft
$344/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Bathtub
- Wood Flooring
- Porch
- 5-minute walk to South Portland Rec Center
About This Home
As of February 2022Wonderful South Portland Two Unit offers an excellent turnkey investment or owner occupant opportunity. Each unit offers 2 bedrooms, 1 bathroom, with spacious kitchens and living rooms, hardwood floors, high ceilings and lots of natural light. Solid neighborhood location with plenty of off street parking, close to all that South Portland has to offer. Separate heating and hot water systems - one oil and one natural gas. Lots of potential for a new owner.
Last Buyer's Agent
Libby Brackett
Keller Williams Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,128
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Landscaped
- Level Lot
Home Design
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,700 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Additional Features
- Porch
- City Lot
Listing and Financial Details
- Tax Lot 195
- Assessor Parcel Number SPOR-000034-000000-000195
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $7,000
- Gross Income $31,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2022
Closed on
Apr 15, 2022
Sold by
Maietta Vincent
Bought by
Maietta Gary L
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Libby Brackett
Keller Williams Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
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
$84,323
Avg. Annual Appreciation
5.14%
Original Mortgage
$450,000
Outstanding Balance
$427,845
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$163,773
Purchase Details
Listed on
Jan 31, 2022
Closed on
Feb 22, 2022
Sold by
Benefico Nicholas J and Ingalls Abigail V
Bought by
Maietta Vincent
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Libby Brackett
Keller Williams Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$427,845
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$163,773
Purchase Details
Closed on
Jul 24, 2015
Sold by
Benefico Nicols J
Bought by
Benefico Nicols J and Ingalls Abigail V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2009
Sold by
Frustaci Joseph A
Bought by
Benefico Nicolas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,742
Interest Rate
5.31%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Maietta Gary L | $281,000 | None Available | |
| Maietta Vincent | $500,000 | None Available | |
| Benefico Nicols J | -- | -- | |
| Benefico Nicolas J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maietta Gary L | $450,000 | |
| Previous Owner | Benefico Nicols J | $180,800 | |
| Previous Owner | Benefico Nicolas J | $203,742 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2022 02/22/22 | Sold | $500,000 | +5.3% | $294 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/28/2022 01/28/22 | For Sale | $475,000 | -- | $279 / 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 | $6,609 | $500,700 | $152,400 | $348,300 |
| 2023 | $4,563 | $322,700 | $96,000 | $226,700 |
| 2022 | $4,369 | $280,800 | $76,800 | $204,000 |
| 2021 | $4,128 | $280,800 | $76,800 | $204,000 |
| 2020 | $3,930 | $199,000 | $69,800 | $129,200 |
| 2019 | $3,434 | $199,000 | $69,800 | $129,200 |
| 2018 | $3,244 | $199,000 | $69,800 | $129,200 |
| 2017 | $3,582 | $199,000 | $69,800 | $129,200 |
| 2016 | $3,522 | $199,000 | $69,800 | $129,200 |
| 2015 | $3,463 | $199,000 | $69,800 | $129,200 |
| 2014 | $3,232 | $199,000 | $69,800 | $129,200 |
| 2013 | -- | $199,000 | $69,800 | $129,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Mateja
-
L
Buyer's Agent in 2022
Libby Brackett
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1518740
APN: SPOR-000034-000000-000195
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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