$600,000
SOLD MAR 19, 2021
-- Bed
2 Baths
3,270 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Victorian Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • 2 Fireplaces

About This Home

As of March 2021

Great Opportunity! This is a fabulous investment property or a gorgeous owner-occupied residence. Over 3,200 square feet, Victorian 3-story multi-family comprising of two 3BR/1BTH units. Fully furnished 1st floor features updated kitchen with granite counters and stainless steel appliances, updated full bath, living room/dining area with gas stove + in-unit laundry with hardwoods throughout. Third bedroom currently set up as Family Room. All the quality of an excellent owner or short term rental Air BnB (needs license), or an Executive Rental. The second unit is a spacious, multi-level 3 bed unit across floor 2 and 3. Features include high ceilings and private balcony deck. This large unit is inclusive of kitchen with large central island and dining area, spacious living room with fireplace, bath with separate jet tub + shower and laundry. Natural gas heat, oil + heat pumps and cooling. Ample storage with full unfinished basement + two car garage, off street parking and fenced-in yard. This is an excellent property. A solid investment with good rental history. Conveniently located close to USM and within easy reach of hospitals, shops, recreation, transport links and downtown.

Last Agent to Sell the Property

Deborah Meek

Keller Williams Realty Brokerage Phone: 207-553-2662 Listed on: 01/29/2021

Keller Williams Realty

Last Buyer's Agent

Erin Herrick

Fontaine Family-The Real Estate Leader

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 1885

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Asbestos Siding
  • Vinyl Siding
  • Asbestos

Interior Spaces

  • 3,270 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Stove
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Heating System Uses Steam
  • Gas Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / D
  • Assessor Parcel Number 485StJohnStPortland04102

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $10,250
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,931

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Congress Street or Brighton Avenue to St John St. #485
  • Above Grade Finished Sq Ft: 3270.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: Yes
  • Building Stories: 3
  • Year Built: 1885
  • Attribution Contact: 207-553-2662
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3270.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: 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
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 44400.0
  • Income Expenses Operating Expenses: 10250.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Equipment:Satellite Dish: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Exterior:Asbestos: Yes
  • Location:Near Railroad: Yes
  • Cooling:AC Units: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Daylight, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Shower, Walk-In Closet(s), Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Asbestos, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Pitched, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: Heat Pump, A/C Units
  • Cooling Y N: Yes
  • Heating: Stove, Steam, Radiator, Hot Water, Forced Air, Direct Vent Heater
  • 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: 6098.4
  • Parcel #: 485StJohnStPortland04102
  • Zoning: R5-Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44400.0
  • Annual Operating Expense: 10250.0

Tax Info

  • Tax Annual Amount: 5931.0
  • Tax Block: D
  • Tax Book Number: 33780
  • Tax Lot: 3
  • Tax Map Number: 79
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 19, 2021
Sold by
Donovan Patrick J and Donovan Samantha L
Bought by
Hults Torrin E
Seller's Agent
Deborah Meek
Keller Williams Realty
Buyer's Agent
Erin Herrick
Fontaine Family-The Real Estate Leader
List Price
$569,000
Sold Price
$600,000
Premium/Discount to List
$31,000
5.45%
Current Estimated Value
$835,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,146
Avg. Annual Appreciation
6.51%
Original Mortgage
$420,000
Outstanding Balance
$382,169
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$411,665

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 25, 2017
Sold by
485 St John Street Condo
Bought by
Donovan Patrick J and Donovan Samantha L
Seller's Agent
Steve Levine
Century 21 First Choice Realty
Buyer's Agent
Cassandra Bemis
Keller Williams Realty
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$371,850
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Howitt George S and Howitt Jenny
Bought by
Barker Scott C and Barker Fern A

Purchase Details

Closed on
Apr 8, 2013
Sold by
Marshall Peter L and Marshall Nancy J
Bought by
Howitt George S and Howitt Jenny

Purchase Details

Closed on
Aug 14, 2009
Sold by
Us Bank Na Tr
Bought by
Marshall Peter L and Marshall Nancy J

Purchase Details

Closed on
Jul 30, 2009
Sold by
Lasalle Bank Na Tr
Bought by
Marshall Peter L and Marshall Nancy J

Purchase Details

Closed on
Mar 4, 2009
Sold by
Glidden Jonathan D
Bought by
Lasalle Bank Na Tr

Purchase Details

Closed on
Dec 10, 2008
Sold by
Glidden Jonathan D
Bought by
Us Bank Na

Purchase Details

Closed on
Nov 13, 2006
Sold by
Glidden Jonathan D
Bought by
Glidden Jonathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
Glidden Jonathan D
Bought by
Glidden Jonathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
10%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Not Resolvable -- --
Warranty Deed -- --
Foreclosure Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Stand Alone Refi Refinance Of Original Loan
Closed $420,000 Purchase Money Mortgage
Previous Owner $29,000 Credit Line Revolving
Previous Owner $371,850 New Conventional
Previous Owner $155,000 Unknown
Previous Owner $79,960 Unknown
Previous Owner $35,000 Unknown
Previous Owner $332,000 Purchase Money Mortgage
Previous Owner $172,800 Adjustable Rate Mortgage/ARM
Previous Owner $361,000 Unknown
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $600,000 +5.4% $183 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $569,000 +58.1% $174 / Sq Ft
01/23/2017 01/23/17 Sold $360,000 +2.9% --
11/11/2016 11/11/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $349,900 -- --
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 $8,733 $581,800 $92,500 $489,300
2023 $8,384 $581,800 $92,500 $489,300
2022 $7,918 $581,800 $92,500 $489,300
2021 $6,860 $528,100 $92,500 $435,600
2020 $6,380 $273,700 $87,000 $186,700
2019 $6,380 $273,700 $87,000 $186,700
2018 $6,153 $273,700 $87,000 $186,700
2017 $5,926 $273,700 $87,000 $186,700
2016 $2,518 $119,300 $23,900 $95,400
2015 $2,461 $119,300 $23,900 $95,400
2014 $2,386 $119,300 $23,900 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480766

Maine Listings

APN: PTLD-000079-000000-D003001