NOT LISTED FOR SALE

40 Wellington Rd Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $537,000 - $672,402

2 Beds
1.5 Baths
1,050 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $270,000 $257 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,797/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • 2 Fireplaces
  • Baseboard Heating

About This Home

As of June 2017

Opportunity with this Back Cove Neighborhood 2 bedroom plus family room ranch. Many possibilities for you to customize and expand. Add on or up! Solid construction, large rooms, expansive outdoor space, partially finished basement with 1/2 bath, 2 fireplaces, hardwood floors throughout. Well maintained flat yard with timeless perennial plantings. Don't miss this chance to invest in a flourishing friendly Portland neighborhood.

Last Agent to Sell the Property

Greg Johnson

Johnson Realty Listed on: 05/10/2017

Last Buyer's Agent

Karen Thompson

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 1955

Lot Details

  • 10,454 Sq Ft Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 2 Fireplaces

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5-6
  • Assessor Parcel Number PTLD-000140-000000-B005001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,899

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean Ave to 40 Wellington Rd, Portland
  • Above Grade Finished Sq Ft: 1050.0
  • Architectural Style: Ranch
  • Year Built: 1955
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1050.0
  • Site:Level: 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:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: 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
  • Exterior:Vinyl Siding: Yes
  • Amenities:One-Floor Living: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

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: 10454.4
  • Parcel #: PTLD-000140-000000-B005001
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 3899.0
  • Tax Book Number: 22310
  • Tax Lot: 5-6
  • Tax Map Number: 140
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 15, 2017
Sold by
Nilsen Eva S
Bought by
Bedard Julie C and Grossi Jason S
Seller's Agent
Greg Johnson
Johnson Realty
Buyer's Agent
Karen Thompson
RE/MAX By The Bay
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Current Estimated Value
$597,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,116
Avg. Annual Appreciation
9.45%
Original Mortgage
$250,000
Outstanding Balance
$212,372
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$353,120
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
Bedard Julie C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bedard Julie C $40,000
Open Bedard Julie C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2017 06/15/17 Sold $270,000 +3.9% $257 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $259,900 -- $248 / 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 $6,514 $434,000 $71,700 $362,300
2023 $6,254 $434,000 $71,700 $362,300
2022 $5,907 $434,000 $71,700 $362,300
2021 $5,721 $440,400 $71,700 $368,700
2020 $5,911 $253,600 $71,900 $181,700
2019 $4,305 $184,700 $71,900 $112,800
2018 $3,999 $184,700 $71,900 $112,800
2017 $3,999 $184,700 $71,900 $112,800
2016 $3,899 $184,700 $71,900 $112,800
2015 $3,810 $184,700 $71,900 $112,800
2014 $3,694 $184,700 $71,900 $112,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Greg Johnson

    Johnson Realty

    (207) 351-5395

    1 in this area

    6 Total Sales

    Section Image

  • K

    Buyer's Agent in 2017

    Karen Thompson

    RE/MAX

See All Agents

Map

Source: Maine Listings

MLS Number: 1305500

Maine Listings

APN: PTLD-000140-000000-B005001

Maine Cumberland County Portland 04103 Back Cove

40 Wellington Rd, Portland, ME

This home is located at 40 Wellington Rd, Portland, ME 04103 since 10 May 2017 and is currently estimated at $585,601, approximately $557 per square foot. This property was built in 1955. 40 Wellington Rd is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and St. Brigid School.

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