NOT LISTED FOR SALE

40 Eastern Promenade Unit C Portland, ME 04101

East End Neighborhood

Estimated Value: $583,000 - $657,000

1 Bed
1 Bath
967 Sq Ft
$500/mo HOA Fee

Last Sold May 15, 2024

Last sale price $605,000 $626 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,318/month

5 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Deck
  • Nearby Water Access
  • The property is located in a historic district
  • 2-minute walk to Eastern Promenade Park

About This Home

As of May 2024

Welcome to your dream Munjoy Hill condo perched atop Portland's oceanfront Eastern Promenade! As you step inside, you'll be greeted by panoramic views of Casco Bay, Fort Gorges, and three iconic Maine lighthouses: Portland Head Light, Spring Point Light, and Bug Light. Imagine waking up to the serene sight of the sunrise casting its golden glow over the bay, and unwinding in the evening on your expansive deck, creating the perfect outdoor living room with even more beautiful water views.

The interior boasts a bright and airy living space with vaulted ceilings, offering the ideal setting for relaxation or hosting gatherings. Additionally, this condo offers a spacious dedicated storage unit and the convenience of one assigned parking space.

Outside your doorstep lies the Eastern Promenade, Fort Allen Park, and East End Beach. Take a leisurely 10-minute stroll to access the vibrant energy of the Old Port!
Whether you crave a tranquil retreat or a bustling urban lifestyle, this top-floor unit presents the opportunity to immerse yourself in the best of Maine living.

Last Agent to Sell the Property

Elise Loschiavo

Vitalius Real Estate Group, LLC Listed on: 04/03/2024

Last Buyer's Agent

Elise Loschiavo

Vitalius Real Estate Group, LLC Listed on: 04/03/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,954

Year Built

  • Built in 1868

Lot Details

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

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 967 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Living Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • The property is located in a historic district

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 8-9 / K
  • Assessor Parcel Number PTLD-000003-K000008-000040C

Community Details

Overview

  • 6 Units
  • Munjoy Hill Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,954

Year Built

Built in 1868

Lot Details

0

HOA Fees

$500 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: Munjoy Hill
  • Directions: Drive up Fore Street to Munjoy Hill until it turns into Eastern Promenade. Property on left just before Fort Allen Park.
  • Above Grade Finished Sq Ft: 967.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1868
  • 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: 967.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 500.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Room Features:Island2: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Room Features:Skylight32: Yes
  • Appliances Included:Gas Range: Yes
  • Heat System:Direct Vent Heater: Yes
  • Room Features:Built-Ins30: Yes
  • Location:Abuts Conservation: Yes
  • Roof:Membrane: Yes
  • Room Features:Vaulted Ceiling29: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Roof:Flat: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Living Room Amenities:Vaulted Ceiling14: Yes
  • Bedroom 1 Amenities:Skylight9: 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, Microwave, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Bathtub, One-Floor Living, Shower, Storage
  • Full Basement: Yes
  • Kitchen Kitchen Level: Third
  • Living Room Living Room Level: Third
  • Bedroom 1:Bedroom 1 Level: Third

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Abuts Conservation, Historic District, Near Public Beach, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Roof: Flat, Membrane, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000003-K000008-000040C
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 5954.0
  • Tax Block: K
  • Tax Book Number: 32313
  • Tax Lot: 8-9
  • Tax Map Number: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 15, 2024
Sold by
Jebb Kimara
Bought by
Bowen Maxwell and Bowen Tania
Seller's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
Buyer's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
List Price
$529,900
Sold Price
$605,000
Premium/Discount to List
$75,100
14.17%
Views
76
Current Estimated Value
$622,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,615
Avg. Annual Appreciation
2.09%
Original Mortgage
$220,000
Outstanding Balance
$216,880
Interest Rate
6.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$405,735

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 2, 2015
Sold by
Dolbec Katherine W
Bought by
Jebb Kimara
Seller's Agent
Nathan Kimble
Benchmark Real Estate
Buyer's Agent
Nathan Kimble
Leighton Properties, Inc.
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$305,550
Interest Rate
3.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2008
Sold by
Willard Martha
Bought by
Wall David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Bowen Maxwell $605,000 None Available
Bowen Maxwell $605,000 None Available
Jebb Kimara -- --
Jebb Kimara -- --
Wall David -- --
Wall David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Maxwell $220,000
Closed Bowen Maxwell $220,000
Previous Owner Jebb Kimara $305,550
Previous Owner Wall David $140,000
Previous Owner Wall David $232,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $605,000 +14.2% $626 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $529,900 +68.2% $548 / Sq Ft
05/29/2015 05/29/15 Sold $315,000 0.0% $326 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $315,000 -- $326 / 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 $6,202 $413,200 $82,640 $330,560
2023 $5,954 $413,200 $82,640 $330,560
2022 $5,624 $413,200 $82,640 $330,560
2021 $5,367 $413,200 $82,640 $330,560
2020 $5,690 $244,100 $48,800 $195,300
2019 $5,690 $244,100 $48,800 $195,300
2018 $5,487 $244,100 $48,800 $195,300
2017 $5,285 $244,100 $48,800 $195,300
2016 $5,153 $244,100 $48,800 $195,300
2015 $5,036 $244,100 $48,800 $195,300
2014 $4,882 $244,100 $48,800 $195,300
Source: Public Records

Agents Affiliated with this Home

  • Elise Loschiavo

    Seller's Agent in 2024

    Elise Loschiavo

    Vitalius Real Estate Group, LLC

    (617) 270-3593

    30 in this area

    227 Total Sales

    Elise Loschiavo
    Section Image

  • N

    Seller's Agent in 2015

    Nathan Kimble

    Benchmark Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1585576

Maine Listings

APN: PTLD-000003-000000-K000840C

Maine Cumberland County Portland 04101 East End

40 Eastern Promenade Unit C, Portland, ME

This home is located at 40 Eastern Promenade Unit C, Portland, ME 04101 since 03 April 2024 and is currently estimated at $622,615, approximately $643 per square foot. This property was built in 1868. 40 Eastern Promenade Unit C 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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