NOT LISTED FOR SALE

Estimated Value: $823,603 - $957,000

5 Beds
2.5 Baths
3,005 Sq Ft
$290/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $642,000 $214 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,265/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Property is near public transit
  • No HOA
  • Longfellow School-Portland Rated 10
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of September 2021

This large, charming two-unit has three and four-bedroom units with lots of living space. Located on a quiet, tree-lined street, with a cozy yard, excellent Deering Center location, minutes from downtown Portland. A must-see property.

Unit one is completely renovated. Unit two has had a long-term tenant. Both leases are expiring soon. On-site parking with a garage, new heating system and windows.

Last Agent to Sell the Property

Tiffany Curran

Landmark Realty Listed on: 07/14/2021

Last Buyer's Agent

Teri Ouellette

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,201

Year Built

  • Built in 1904

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • Shared Driveway

Home Design

  • 3,005 Sq Ft Home
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Wood
  • Tile

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Porch
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 21 / F
  • Assessor Parcel Number PTLD-000176-F000021-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $13,777
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,201

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Stevens Ave. to Montrose Ave.
  • Above Grade Finished Sq Ft: 3005.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1904
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 216.27
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3005.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 13777.0
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Transportation:Public Transport Access: Yes
  • Exterior:Stucco: Yes
  • Advertising Remarks:Advertising Remarks: This large, charming two- unit has three and four- bedroom units with lots of living space. Located on a quiet, treelined street, with a cozy yard, excellent Deering Center location, minutes from downtown Portland. A must- see property. Unit one is completely renovated, unit two has had a long- term tenant. Both leases are expiring soon. On- site parking with a garage, new heating system and windows.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Tile, Composition
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Stucco, Other, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Common, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: PTLD-000176-F000021-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 13777.0

Tax Info

  • Tax Annual Amount: 7200.96
  • Tax Block: F
  • Tax Lot: 21
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 24, 2021
Sold by
Charest Robert L and Charest Cynthia Z
Bought by
Walker Kyra D
Seller's Agent
Tiffany Curran
Landmark Realty
Buyer's Agent
Teri Ouellette
Keller Williams Realty
List Price
$649,900
Sold Price
$642,000
Premium/Discount to List
-$7,900
-1.22%
Current Estimated Value
$872,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,901
Avg. Annual Appreciation
7.63%
Original Mortgage
$513,600
Outstanding Balance
$468,355
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$404,546
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walker Kyra D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Kyra D $513,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $642,000 -1.2% $214 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $649,900 -- $216 / 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 $8,012 $533,800 $91,300 $442,500
2023 $7,692 $533,800 $91,300 $442,500
2022 $7,265 $533,800 $91,300 $442,500
2021 $6,934 $533,800 $91,300 $442,500
2020 $6,944 $297,900 $85,800 $212,100
2019 $6,944 $297,900 $85,800 $212,100
2018 $6,697 $297,900 $85,800 $212,100
2017 $6,450 $297,900 $85,800 $212,100
2016 $6,289 $297,900 $85,800 $212,100
2015 $6,146 $297,900 $85,800 $212,100
2014 $5,958 $297,900 $85,800 $212,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1500521

Maine Listings

APN: PTLD-000176-000000-F021001