$715,000
SOLD OCT 25, 2024

407 Chandlers Wharf Portland, ME 04101

Downtown Portland Neighborhood
2 Beds
2 Baths
1,299 Sq Ft
$673/mo HOA Fee

Recently Sold

$550 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Main Floor Bedroom
  • Subterranean Parking
  • The property is located in a historic district
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of October 2024

At the very heart of a city with so much heart, Chandlers Wharf is one of the most desirable HOA communities and locations on the Peninsula— Walkable, bikeable and boatable to everything Portland! This single-level unit has a double-sized deck perched above the picturesque waterfront, with lovely views of Casco Bay. The entryway has double closets; the kitchen features granite countertops and stainless steel appliances, and flows into the dining/living room space with fireplace. Primary bedroom has an en suite bath and direct access to the deck. Second bedroom and full bath with tub. Priced reasonably to allow for its new owners to make their own cosmetic updates to the two full bathrooms, while recent big-ticket improvements include all new interior paint, new modern light fixtures, new hot water heater, and brand new efficient central air and electric heating system. Dedicated parking for two cars plus plenty of guest parking. Well-run, professionally managed HOA, with members committed to regular maintenance and a wonderful sense of community. Beautifully maintained common areas and gated entryway with guard house.

Sellers have paid the two HOA special assessments due in 2024. See the second page of the attached 'HOA Rules & Regs at a Glance' for more information on the assessments and recent capital improvements.

Last Agent to Sell the Property

Rebecca Kingsley Sewall

Peninsula Real Estate LLC Listed on: 09/13/2024

Last Buyer's Agent

Ian Dixon

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,528

Year Built

  • Built in 1988

Lot Details

  • 400 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $673 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Common or Shared Parking
  • Shared Driveway
  • Reserved Parking

Home Design

  • Garden Apartment
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,299 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Water Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Cooling Available
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Legal Lot and Block 2-47 / J
  • Assessor Parcel Number 407ChandlersWharfPortland04101

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,528

Year Built

Built in 1988

Lot Details

0

HOA Fees

$673 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • Ownership: Trustee's Deed & Personal Representative's Deed
  • MLS Status: Closed
  • Directions: Commercial St to Chandlers Wharf. This is a gated community.
  • Above Grade Finished Sq Ft: 1299.0
  • Architectural Style: Garden
  • Garage Yn: Yes
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1299.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 673.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 12
  • Cooling:Heat Pump3: Yes
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Appliances Included:Wall Oven: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Water Info:Waterfront Amount -: 400.0
  • Water Info:Water Frontage Shared -: 400.0
  • Heat System:Direct Vent Furnace: Yes
  • Vehicle Storage:Under: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: None

Interior Features

  • Appliances: Other, Wall Oven, Refrigerator, Microwave, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Historic District, Intown, Near Shopping
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, On Site, Underground

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 673.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 407ChandlersWharfPortland04101
  • Zoning: WCZ Waterfront

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 8528.0
  • Tax Block: J
  • Tax Book Number: 39436 & 28706
  • Tax Lot: 2-47
  • Tax Map Number: 31
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2011
Sold by
Walker Janet P
Bought by
Flanagan David T and Flanagan Kathleen A
Current Estimated Value
$778,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$230,961
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$538,644

Purchase Details

Closed on
Jul 10, 2008
Sold by
Theodorou Christ B
Bought by
Theodorou Anastasia P

Purchase Details

Closed on
Apr 14, 2005
Sold by
Hoidal David
Bought by
Thedorou Anastasia and Theodorou Christ B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,100
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,500 Purchase Money Mortgage
Previous Owner $113,414 Unknown
Previous Owner $404,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $715,000 +2.3% $550 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $699,000 -- $538 / 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 $9,405 $626,600 $125,320 $501,280
2023 $9,029 $626,600 $125,320 $501,280
2022 $8,528 $626,600 $125,320 $501,280
2021 $8,140 $626,600 $125,320 $501,280
2020 $8,249 $353,900 $70,800 $283,100
2019 $8,249 $353,900 $70,800 $283,100
2018 $7,956 $353,900 $70,800 $283,100
2017 $7,662 $353,900 $70,800 $283,100
2016 $7,471 $353,900 $70,800 $283,100
2015 $7,301 $353,900 $70,800 $283,100
2014 $7,078 $353,900 $70,800 $283,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Rebecca Kingsley Sewall

    Peninsula Real Estate LLC

    (207) 400-0744

    2 in this area

    84 Total Sales

    Rebecca Kingsley Sewall
    Section Image

  • I

    Buyer's Agent in 2024

    Ian Dixon

    Keller Williams Realty

    (207) 615-4377

    1 in this area

    67 Total Sales

    Ian Dixon
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1602639

Maine Listings

APN: PTLD-000031-000000-J002047

Maine Cumberland County Portland 04101 Downtown Portland

407 Chandlers Wharf, Portland, ME

This home is located at 407 Chandlers Wharf, Portland, ME 04101 and is currently priced at $715,000, approximately $550 per square foot. This property was built in 1988. 407 Chandlers Wharf is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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