NOT LISTED FOR SALE

Estimated Value: $1,339,221 - $1,447,000

6 Beds
3 Baths
4,080 Sq Ft
$342/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $1,360,000 $333 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,731/month

Highlights

  • Nearby Water Access
  • Property is near public transit
  • No HOA
  • Deck
  • Wood Flooring
  • 3-minute walk to Eastern Promenade Park

About This Home

As of July 2024

Located on Portland's Munjoy Hill, this classic triple-decker is ready for you. Completely rebuilt in 1985, it boasts modern electrical systems, plumbing, insulation, updated mechanicals. Each unit features 2 bedrooms, 1 bathroom, an eat-in kitchen, and a spacious living area. Shared laundry in the basement, parking, and shared yard. With nearby restaurants, coffee shops, the Eastern Promenade, and East End beach, you'll always have something to do. This is a great investment property, or turn the top floor into an owners suite with ocean views!

Last Agent to Sell the Property

Allessandra Malone

Waypoint Brokers Collective Brokerage Email: ali@waypointbrokers.com Listed on: 07/23/2024

Last Buyer's Agent

Jessica Wallimann

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,916

Year Built

  • Built in 1903

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 4,080 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot I
  • Assessor Parcel Number PTLD-000003-I000003-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • East End/Munjoy Hill Subdivision

Building Details

  • Operating Expense $13,000
  • Gross Income $888,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,916

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: East End/Munjoy Hill
  • Above Grade Finished Sq Ft: 4080.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1903
  • Attribution Contact: ali@waypointbrokers.com
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4080.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: 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
  • Water Heater:On Demand: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 888000.0
  • Income Expenses Operating Expenses: 13000.0
  • Style:Multi-Level: Yes
  • Recreational Water:Nearby: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Finished, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 3

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 3049.2
  • Parcel #: PTLD-000003-I000003-000001
  • Zoning: 3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 888000.0
  • Annual Operating Expense: 13000.0

Tax Info

  • Tax Annual Amount: 12916.0
  • Tax Book Number: 38687
  • Tax Lot: I
  • Tax Map Number: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Jul 22, 2024
Sold by
Fraser Michael B and Tomash Leska
Bought by
Smith William A
Seller's Agent
Allessandra Malone
Waypoint Brokers Collective
Buyer's Agent
Jessica Wallimann
Vitalius Real Estate Group, LLC
List Price
$1,360,000
Sold Price
$1,360,000
Current Estimated Value
$1,396,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,555
Avg. Annual Appreciation
-0.42%
Original Mortgage
$1,020,000
Outstanding Balance
$1,011,400
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,309

Purchase Details

Listed on
Jun 26, 2021
Closed on
Sep 17, 2021
Sold by
Dlb Ret and Brown
Bought by
Fraser Michael B and Tomash Leska
Seller's Agent
John Fitzsimons
Portside Real Estate Group
Buyer's Agent
Allessandra Malone
Waypoint Brokers Collective
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$940,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 21, 2016
Closed on
Jul 5, 2016
Sold by
Williams Julie D
Bought by
Brown Debra L
Seller's Agent
Teri Ouellette
Keller Williams Realty
Buyer's Agent
Dava Davin
Portside Real Estate Group
List Price
$795,000
Sold Price
$735,000
Premium/Discount to List
-$60,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$678,020
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2013
Sold by
Weichert Resolution Svcs
Bought by
Macfarland Dawn M and Kavanagh James R

Purchase Details

Closed on
Mar 17, 2009
Sold by
Williams Julie D and Williams Stephen B
Bought by
Williams Julie D
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
Smith William A $1,360,000 None Available
Smith William A $1,360,000 None Available
Fraser Michael B -- None Available
Fraser Michael B -- None Available
Brown Debra L -- --
Brown Debra L -- --
Macfarland Dawn M -- --
Macfarland Dawn M -- --
Williams Julie D -- --
Williams Julie D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William A $1,020,000
Closed Smith William A $1,020,000
Previous Owner Fraser Michael $20,000
Previous Owner Fraser Michael B $940,000
Previous Owner Brown Debra L $678,020
Previous Owner Williams Julie D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $1,360,000 0.0% $333 / Sq Ft
07/22/2024 07/22/24 Sold $1,360,000 +15.3% $333 / Sq Ft
09/17/2021 09/17/21 Sold $1,180,000 -1.7% $289 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $1,200,000 +63.3% $294 / Sq Ft
06/30/2016 06/30/16 Sold $735,000 -7.5% $180 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $795,000 -- $195 / 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 $13,453 $896,300 $381,600 $514,700
2023 $12,916 $896,300 $381,600 $514,700
2022 $12,199 $896,300 $381,600 $514,700
2021 $11,643 $896,300 $381,600 $514,700
2020 $8,389 $359,900 $156,300 $203,600
2019 $8,389 $359,900 $156,300 $203,600
2018 $7,792 $359,900 $156,300 $203,600
2017 $7,792 $359,900 $156,300 $203,600
2016 $7,597 $359,900 $156,300 $203,600
2015 $7,425 $359,900 $156,300 $203,600
2014 $7,198 $359,900 $156,300 $203,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1597892

Maine Listings

APN: PTLD-000003-000000-I003001