NOT LISTED FOR SALE

40 Frederic St Portland, ME 04102

Libbytown Neighborhood

Estimated Value: $437,000 - $516,000

2 Beds
1 Bath
1,075 Sq Ft
$436/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $322,000 $300 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,838/month

5 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Eat-In Kitchen
  • Ranch Style House
  • No HOA
  • Interior Lot

About This Home

As of April 2021

Move in to this appealing 2 bedroom ranch. Hardwood and tile floors throughout. Close to intown Portland as well as 295. Dry basement partially finished Provides potential for more livable
space. Natural gas heat. Fenced in Back yard. Storage shed included. Lots of curb appeal.

Last Agent to Sell the Property

Anne Ross-Murray

F.O. Bailey Real Estate Listed on: 02/24/2021

Last Buyer's Agent

Richard Mead

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1962

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Interior Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 10 / A
  • Assessor Parcel Number PTLD-000076-A000010-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,193

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Congress St. east from Westgate Shopping Center to right on Frederic St. #40
  • Above Grade Finished Sq Ft: 625.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1962
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 462.4
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 625.0
  • Property Information:SqFt Finished Below Grade: 450.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Style:Ranch: Yes
  • Heat System:Multi-Zones: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Water Heater:Tank: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Move in to this appealing 2 bedroom ranch. Hardwood and tile floors throughout. Close to intown Portland as well as 295. Dry basement space partially finished provides opportunity for much more space. Natural gas heat. Fenced in Back yard. Storage shed included. Lots of curb appeal.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 450.0
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Interior Lot, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: PTLD-000076-A000010-000001
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 3193.0
  • Tax Block: A
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 1, 2021
Sold by
Gabor Brett N and Gabor Victoria E
Bought by
Lee Jeffrey and Vibert Olivia
Seller's Agent
Anne Ross-Murray
F.O. Bailey Real Estate
Buyer's Agent
Richard Mead
Keller Williams Realty
List Price
$289,000
Sold Price
$322,000
Premium/Discount to List
$33,000
11.42%
Current Estimated Value
$468,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,738
Avg. Annual Appreciation
8.39%
Original Mortgage
$312,340
Outstanding Balance
$281,090
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$187,648

Purchase Details

Closed on
Oct 27, 2006
Sold by
Bugdin Donna M and Cavotta Christine M
Bought by
Gabor Brett N and Gabor Victoria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,050
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2006
Sold by
Douglas Agnes E
Bought by
Bugdin Donna M and Cavotta Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Jeffrey -- None Available
Gabor Brett N -- --
Bugdin Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jeffrey $312,340
Previous Owner Gabor Brett N $187,050
Previous Owner Bugdin Donna M $126,400
Previous Owner Bugdin Donna M $31,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $322,000 +11.4% $300 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $289,000 -- $269 / 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 $4,434 $295,400 $142,200 $153,200
2023 $4,257 $295,400 $142,200 $153,200
2022 $4,020 $295,400 $142,200 $153,200
2021 $3,837 $295,400 $142,200 $153,200
2020 $3,193 $137,000 $67,900 $69,100
2019 $3,193 $137,000 $67,900 $69,100
2018 $2,559 $137,000 $67,900 $69,100
2017 $2,966 $137,000 $67,900 $69,100
2016 $2,892 $137,000 $67,900 $69,100
2015 $2,826 $137,000 $67,900 $69,100
2014 $2,740 $137,000 $67,900 $69,100
Source: Public Records

Agents Affiliated with this Home

  • Anne Ross-Murray

    Seller's Agent in 2021

    Anne Ross-Murray

    F.O. Bailey Real Estate

    (207) 831-5238

    2 in this area

    42 Total Sales

    Anne Ross-Murray
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Mead

    Keller Williams Realty

    (207) 807-4663

    1 in this area

    67 Total Sales

    Richard Mead
    Section Image
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Map

Source: Maine Listings

MLS Number: 1482815

Maine Listings

APN: PTLD-000076-000000-A010001

Maine Cumberland County Portland 04102 Libbytown

40 Frederic St, Portland, ME

Not Listed for Sale

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