NOT LISTED FOR SALE

454 Cumberland Ave Portland, ME 04101

Parkside Neighborhood

Estimated Value: $708,384

0.14 Acre
$5,059,886 Price per Acre
6,098 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $450,000

Est. 57% increase in value since last sale

Current estimated payment $4,069/month

9 Days on Market

Highlights

  • 0.14 Acre Lot
  • Corner Lot
  • 4-minute walk to Congress Square Park
  • Property is near public transit
  • No HOA

About This Lot

As of May 2018

Extremely rare downtown parking lot in the historic, brick lined, Deering Street neighborhood, just off Longfellow Square. It has been used as a parking lot for many years. The current owners purchased it in 1920. Potential opportunities abound: keep it as a parking lot or make it a residential development.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 05/01/2018

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,688

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned R6

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number PTLD-000046-000000-B001001

Property Details

Property Type

Land

Est. Annual Taxes

$1,688

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Directions: Corner of Cumberland Avenue and Avon Street.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Driveway:Paved2: Yes
  • Gas:No Gas: Yes
  • Parking:Paved3: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: 11 - 20 Spaces, Paved

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: PTLD-000046-000000-B001001
  • Zoning: R6

Tax Info

  • Tax Annual Amount: 1688.0
  • Tax Book Number: 06132
  • Tax Lot: 1
  • Tax Map Number: 46
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 5, 2018
Sold by
Harold T Andrews Post 17
Bought by
Parkside Heights Parking
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$400,000
Sold Price
$450,000
Premium/Discount to List
$50,000
12.5%
Current Estimated Value
$708,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,384
Avg. Annual Appreciation
6.30%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parkside Heights Parking -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $450,000 +12.5% --
05/11/2018 05/11/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $400,000 -- --
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 $2,274 $151,500 $137,300 $14,200
2023 $2,183 $151,500 $137,300 $14,200
2022 $2,062 $151,500 $137,300 $14,200
2021 $1,968 $151,500 $137,300 $14,200
2020 $1,818 $77,980 $68,600 $9,380
2019 $1,818 $77,980 $68,600 $9,380
2018 $1,753 $77,980 $68,600 $9,380
2017 $1,688 $77,980 $68,600 $9,380
2016 $1,646 $77,980 $68,600 $9,380
2015 $1,609 $77,980 $68,600 $9,380
2014 $1,560 $77,980 $68,600 $9,380
Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2018

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    12 in this area

    177 Total Sales

    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2018

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    10 in this area

    131 Total Sales

    Section Image
  • Nicholas Dambrie

    Buyer's Agent in 2018

    Nicholas Dambrie

    Keller Williams Realty

    (207) 318-5451

    170 Total Sales

    Section Image
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Map

Source: Maine Listings

MLS Number: 1345957

Maine Listings

APN: PTLD-000046-000000-B001001

Maine Cumberland County Portland 04101 Parkside

454 Cumberland Ave, Portland, ME

This home is located at 454 Cumberland Ave, Portland, ME 04101 since 01 May 2018 and is currently estimated at $708,384. 454 Cumberland Ave 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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