Seller's Agent in 2024
Frank Barry
RE/MAX
(207) 749-5214
2 in this area
53 Total Sales
44 Oak St Unit 3 Portland, ME 04101
Downtown Portland NeighborhoodEstimated Value: $1,454,900
3
Beds
3
Baths
2,553
Sq Ft
$408/mo
HOA Fee
Highlights
- River Front
- Wood Flooring
- Great Room
- The property is located in a historic district
- Corner Lot
- 2-minute walk to Congress Square Park
About This Home
As of August 2024This remarkable, newly built, loft condo, boasting 3 bedrooms and 3 full bathrooms is located in the heart of Portland, Maine. This custom-designed 2553 square foot space with its soaring 11+ foot ceilings and expansive windows provides exciting views of the city and working waterfront. Direct elevator access welcomes you into an open-concept living area, perfect for entertaining. The interior showcases a thoughtfully curated design with a gourmet kitchen complete with a Bertazzoni Induction Range, Dishwasher, Refrigerator and custom island. Dedicated laundry and plenty of storage space throughout the entire 3rd floor of this free standing building are a plus! The area is known for its walkability, just steps away from local eateries, and entertainment venues. This exceptional property offers the best of Portland right at your doorstep, along with enough space to really spread out. Don't miss your chance to live in one of the most desirable small towns in the U.S. Leased parking in a secure covered lot.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,016
Year Built
- Built in 1914
Lot Details
- River Front
- Sprinkler System
HOA Fees
- $408 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Membrane Roofing
- Masonry
Interior Spaces
- 2,553 Sq Ft Home
- Built-In Features
- Great Room
- Living Room
- Dining Room
- Water Views
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
- En-Suite Primary Bedroom
- 3 Full Bathrooms
- Bathtub
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Parking
- Detached Garage
- Leased Parking
- No Driveway
- Off-Site Parking
- Reserved Parking
Location
- The property is located in a historic district
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Legal Lot and Block 011003 / B
- Assessor Parcel Number PTLD-000039-B000011-000003
Community Details
Overview
- 5 Units
Amenities
- Elevator
- Community Storage Space
Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2024
Closed on
Aug 16, 2024
Sold by
44 Oak Unit Three Llc
Bought by
Esch Trevor and Esch Jessica
Seller's Agent
Frank Barry
RE/MAX Oceanside
Buyer's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
List Price
$1,700,000
Sold Price
$1,495,000
Premium/Discount to List
-$205,000
-12.06%
Views
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,100
Avg. Annual Appreciation
-2.38%
Original Mortgage
$395,000
Outstanding Balance
$390,949
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,063,951
Purchase Details
Closed on
Sep 13, 2022
Sold by
Keon Michael
Bought by
44 Oak Unit 3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 7, 2022
Sold by
Clopud Sky Llc
Bought by
Keon Michael
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Esch Trevor | $1,495,000 | None Available | |
| Esch Trevor | $1,495,000 | None Available | |
| 44 Oak Unit 3 Llc | -- | None Available | |
| 44 Oak Unit 3 Llc | -- | None Available | |
| Keon Michael | $585,000 | None Available | |
| Keon Michael | $585,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Esch Trevor | $395,000 | |
| Closed | Esch Trevor | $395,000 | |
| Previous Owner | 44 Oak Unit 3 Llc | $438,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $1,495,000 | -5.3% | $586 / Sq Ft |
| 07/03/2024 07/03/24 | Pending | -- | -- | -- |
| 06/04/2024 06/04/24 | Price Changed | $1,579,000 | -2.2% | $618 / Sq Ft |
| 04/18/2024 04/18/24 | Price Changed | $1,615,000 | -5.0% | $633 / Sq Ft |
| 04/01/2024 04/01/24 | For Sale | $1,700,000 | -- | $666 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,308 | $486,900 | $39,100 | $447,800 |
| 2023 | $7,016 | $486,900 | $39,100 | $447,800 |
| 2022 | $6,627 | $486,900 | $39,100 | $447,800 |
| 2021 | $6,325 | $486,900 | $39,100 | $447,800 |
| 2020 | $4,557 | $195,500 | $39,100 | $156,400 |
| 2019 | $4,557 | $195,500 | $39,100 | $156,400 |
| 2018 | $4,395 | $195,500 | $39,100 | $156,400 |
| 2017 | $4,233 | $195,500 | $39,100 | $156,400 |
| 2016 | $4,127 | $195,500 | $39,100 | $156,400 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Barry
-
Elise Loschiavo
Buyer's Agent in 2024
Elise Loschiavo
Vitalius Real Estate Group, LLC
(617) 270-3593
11 in this area
230 Total Sales
Map
Source: Maine Listings
MLS Number: 1585345
APN: PTLD-000039-000000-B011003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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