NOT LISTED FOR SALE

Estimated Value: $597,000 - $699,000

6 Beds
3 Baths
2,937 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $535,000 $182 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,997/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Wood Flooring
  • Barn
  • Property is near public transit
  • Corner Lot

About This Home

As of March 2023

This home is located at 40 E Kidder St, Portland, ME 04103 since 06 January 2023 and is currently estimated at $660,368, approximately $224 per square foot. This property was built in 1910. 40 E Kidder St is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, Baxter Academy for Tech & Sciences, and St. Brigid School.

Last Agent to Sell the Property

Alan Peoples

Compass Commercial Brokers, LLC Listed on: 01/06/2023

Compass Commercial Brokers, LLC

Last Buyer's Agent

Hoang Nguyen

F.O. Bailey Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,499

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Public Beach
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Shared Driveway
  • On-Street Parking

Home Design

  • 2,937 Sq Ft Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet

Unfinished Basement

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

Location

  • Property is near public transit
  • Property is near a golf course
  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available

Additional Features

  • 3 Full Bathrooms
  • Nearby Water Access
  • Barn

Listing and Financial Details

  • Legal Lot and Block 9 / E
  • Assessor Parcel Number PTLD-000163A-E000009-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,499

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2937.0
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2937.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 30000.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Railroad: Yes
  • Parking:On Street: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures Barn2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Features: Corner Lot, Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Suburban, Near Public Transit, Near Railroad
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Other Exterior, Composition, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, On Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air
  • 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: 4791.6
  • Parcel #: PTLD-000163A-E000009-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 30000.0

Tax Info

  • Tax Annual Amount: 5499.0
  • Tax Block: E
  • Tax Book Number: 22587
  • Tax Lot: 9
  • Tax Map Number: 136A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 8, 2023
Sold by
Lombardi Scott
Bought by
Nguyen Kevin
Seller's Agent
Alan Peoples
Compass Commercial Brokers, LLC
Buyer's Agent
Hoang Nguyen
F.O. Bailey Real Estate
List Price
$600,000
Sold Price
$535,000
Premium/Discount to List
-$65,000
-10.83%
Current Estimated Value
$627,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,762
Avg. Annual Appreciation
8.95%
Original Mortgage
$401,250
Outstanding Balance
$392,203
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,105

Purchase Details

Closed on
May 2, 2005
Sold by
Lombardi Anthony J
Bought by
Lombardi Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
11%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Nguyen Kevin $535,000 None Available
Lombardi Scott -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kevin $401,250
Previous Owner Lombardi Scott $231,532
Previous Owner Lombardi Scott $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2023 03/08/23 Sold $535,000 -10.8% $182 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $600,000 -- $204 / 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 $6,354 $423,300 $62,800 $360,500
2023 $6,100 $423,300 $62,800 $360,500
2022 $5,761 $423,300 $62,800 $360,500
2021 $5,499 $423,300 $62,800 $360,500
2020 $5,793 $248,500 $62,800 $185,700
2019 $5,793 $248,500 $62,800 $185,700
2018 $5,586 $248,500 $62,800 $185,700
2017 $5,380 $248,500 $62,800 $185,700
2016 $5,246 $248,500 $62,800 $185,700
2015 $5,127 $248,500 $62,800 $185,700
2014 $4,970 $248,500 $62,800 $185,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1550569

Maine Listings

APN: PTLD-000163A-000000-E009001