NOT LISTED FOR SALE

40 Brackett St Portland, ME 04102

West End Neighborhood

Estimated Value: $845,000 - $1,073,000

6 Beds
3 Baths
3,465 Sq Ft
$266/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $700,000 $202 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,258/month

10 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Wood Flooring
  • Baseboard Heating
  • Deck
  • No HOA
  • 1-minute walk to Harbor View Memorial Park

About This Home

As of January 2022

West-End renovation opportunity: classic Portland triple decker with a 3 car garage on an adjoining, buildable lot. Add in water views + decks and it's easy to see the incredible potential. - imagine condos or high end rentals with a garage space for each unit, rooftop deck with views of Portland's Fore River, build additional units above the garage, or simply freshen up the units and have three rental units steps from the Tyng Street Playground and Harbor View Memorial Park. The property is currently vacant so it's easy to show and project ready. As noted, the garage lot appears to be buildable.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 11/08/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Josh Soley

Compass Commercial Brokers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,143

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • River Front
  • Level Lot

Parking

  • 3 Car Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,465 Sq Ft Home
  • 3-Story Property
  • Water Views

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Deck
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 18 / B
  • Assessor Parcel Number PTLD-000058-B000018-000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,143

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • Water Body Name: Fore River
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3465.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3465.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 3.0
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 3
  • Style:Multi-Level: Yes
  • Water Info:Island3: No
  • Exterior:Asbestos: Yes
  • Roof:Flat: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront Features: Bay, River
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Flat
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000058-B000018-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 10143.0
  • Tax Block: B
  • Tax Book Number: 24880
  • Tax Lot: 18
  • Tax Map Number: 58
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Asm Properties Llc $900,000
Closed Asm Properties Llc $600,000
Closed Price Christopher B $147,500
Closed Price Christopher B $195,000
Closed Price Christopher B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $700,000 +16.9% $202 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $599,000 -- $173 / 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 $11,251 $749,600 $273,200 $476,400
2023 $10,802 $749,600 $273,200 $476,400
2022 $10,202 $749,600 $273,200 $476,400
2021 $9,370 $721,300 $244,900 $476,400
2020 $9,235 $322,300 $109,700 $212,600
2019 $7,513 $322,300 $109,700 $212,600
2018 $7,245 $322,300 $109,700 $212,600
2017 $6,978 $322,300 $109,700 $212,600
2016 $6,804 $322,300 $109,700 $212,600
2015 $6,649 $322,300 $109,700 $212,600
2014 $6,446 $322,300 $109,700 $212,600
Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2022

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    17 in this area

    176 Total Sales

    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2022

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    13 in this area

    131 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Josh Soley

    Compass Commercial Brokers, LLC

See All Agents

Map

Source: Maine Listings

MLS Number: 1514287

Maine Listings

APN: PTLD-000058-000000-B018001

Maine Cumberland County Portland 04102 West End

40 Brackett St, Portland, ME

This home is located at 40 Brackett St, Portland, ME 04102 since 08 November 2021 and is currently estimated at $920,181, approximately $265 per square foot. This property was built in 1900. 40 Brackett St is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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