NOT LISTED FOR SALE

43 Magnolia St Portland, ME 04103

North Deering Neighborhood

Estimated Value: $485,000 - $604,000

3 Beds
2 Baths
1,374 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $295,000 $215 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,578/month

4 Days on Market

Highlights

  • Deck
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • Main Floor Bedroom
  • Level Lot

About This Home

As of October 2019

Investors take note! Here is a cute 2 family home with two lots to be conveyed. One 1 bedroom unit and one 2 bedroom unit. Nicely renovated inside and grounds have a lot of potential! It sits on a dead end street in a great part of town. Walking distance to area parks and trails, walkable to shopping, restaurants and public transportation. Off street parking on site and location is convenient to Portland, Westbrook, Falmouth and more. Great opportunity to live in one unit and have your tenant pay down the mortgage with rent from the other! Arrange your showing today.

Last Agent to Sell the Property

Cathleen Manchester

Keller Williams Realty Listed on: 09/05/2019

Co-Listed By

Angela Lee

Keller Williams Realty

Last Buyer's Agent

Cynthia Dubois-Cote

Berkshire Hathaway HomeServices Verani Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Street terminates at a dead end
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Tax Lot G-15 & G-13
  • Assessor Parcel Number PTLD-000435-000000-G015001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,777
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,617

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.35
  • Co List Office Mls Id: 2008
  • Co List Office Phone: 207-653-7653
  • MLS Status: Closed
  • Directions: Forest Ave (Rt 302) to Allen Ave to right on Woodlawn Ave. Right on to Magnolia to #43.
  • Above Grade Finished Sq Ft: 1374.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.35
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1374.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: 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
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 31200.0
  • Income Expenses Operating Expenses: 11777.39
  • Foundation Materials:Block3: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Intown
  • Waterfront: No
  • Construction Type: Other Exterior, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Hot 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: 15246.0
  • Parcel #: PTLD-000435-000000-G015001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 31200.0
  • Annual Operating Expense: 11777.39

Tax Info

  • Tax Annual Amount: 4617.39
  • Tax Book Number: 34317
  • Tax Lot: G-15 & G-13
  • Tax Map Number: 435
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 25, 2019
Sold by
Kezer Justin M and Kezer Emily E
Bought by
Souliere Sarah R
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Cynthia Dubois-Cote
Berkshire Hathaway HomeServices Verani Realty
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
$571,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,349
Avg. Annual Appreciation
12.09%
Original Mortgage
$289,656
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 16, 2017
Closed on
Sep 18, 2017
Sold by
Drillen Andrea
Bought by
Kezer Justin M and Kezer Emily E
Seller's Agent
Brian Linscott
Linscott Real Estate
Buyer's Agent
Cynthia Dubois-Cote
Berkshire Hathaway HomeServices Verani Realty
List Price
$274,900
Sold Price
$260,900
Premium/Discount to List
-$14,000
-5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$256,173
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2008
Sold by
Greene Theresa A
Bought by
Drillen Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 20, 2006
Sold by
Greene Theresa A
Bought by
Drillen Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2006
Sold by
Greene Theresa A
Bought by
Greene Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Souliere Sarah R -- --
Kezer Justin M -- --
Drillen Andrea -- --
Drillen Andrea -- --
Greene Theresa A -- --
Greene Theresa A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souliere Sarah R $289,507
Closed Souliere Sarah R $289,656
Previous Owner Kezer Justin M $256,173
Previous Owner Drillen Andrea $15,000
Previous Owner Drillen Andrea $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $295,000 -1.7% $215 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $300,000 +15.0% $218 / Sq Ft
09/14/2017 09/14/17 Sold $260,900 -5.1% $190 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $274,900 -- $200 / 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 $5,072 $337,900 $62,300 $275,600
2023 $4,869 $337,900 $62,300 $275,600
2022 $4,599 $337,900 $62,300 $275,600
2021 $4,389 $337,900 $62,300 $275,600
2020 $3,704 $158,900 $62,300 $96,600
2019 $3,704 $158,900 $62,300 $96,600
2018 $3,440 $158,900 $62,300 $96,600
2017 $3,440 $158,900 $62,300 $96,600
2016 $3,354 $158,900 $62,300 $96,600
2015 $3,278 $158,900 $62,300 $96,600
2014 $3,178 $158,900 $62,300 $96,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cathleen Manchester

    Keller Williams Realty

  • A

    Seller Co-Listing Agent in 2019

    Angela Lee

    Keller Williams Realty

  • C

    Buyer's Agent in 2019

    Cynthia Dubois-Cote

    Berkshire Hathaway HomeServices Verani Realty

  • CJ Dubois-Cote

    Buyer's Agent in 2019

    CJ Dubois-Cote

    Keller Williams Realty

    (207) 879-9800

    133 Total Sales

    Section Image

  • B

    Seller's Agent in 2017

    Brian Linscott

    Linscott Real Estate

    (207) 329-2915

    109 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1431995

Maine Listings

APN: PTLD-000435-000000-G015001

Maine Cumberland County Portland 04103 North Deering

43 Magnolia St, Portland, ME

This home is located at 43 Magnolia St, Portland, ME 04103 since 05 September 2019 and is currently estimated at $571,349, approximately $415 per square foot. This property was built in 1910. 43 Magnolia St is a home located in Cumberland County with nearby schools including Gerald E. Talbot Community School, Lyman Moore Middle School, and St. Brigid School.

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