NOT LISTED FOR SALE

Estimated Value: $307,000 - $527,000

2 Beds
1.5 Baths
1,188 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $223,000 $188 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,853/month

35 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • Patio
  • Deck
  • Granite Countertops
  • Forced Air Heating System

About This Home

As of January 2019

Move right in to this cozy townhouse in excellent condition! Enjoy the comfort of living in a quiet neighborhood while being centrally located. Take advantage of an open first floor with a spacious kitchen complete with granite counter-tops, pantry & hardwood floors. The adjacent living area offers a natural gathering area & makes entertaining a breeze. Above, find two large bedrooms with a brand-new washer/dryer hookup in between. Below, a large unfinished basement space provides ample storage space. Experience low maintenance living at its finest within this well-maintained & well-managed association. This is a great opportunity for anyone just starting out, downsizing or right-sizing. A convenient location in South Portland with easy access to Route 1, the Maine Turnpike & only minutes to Portland!

Last Agent to Sell the Property

Scott Townsend

Keller Williams Realty Brokerage Email: scottandsunny@kw.com Listed on: 11/14/2018

Keller Williams Realty

Co-Listed By

Kathleen Foley

Keller Williams Realty Brokerage Email: scottandsunny@kw.com

Last Buyer's Agent

Katie Kinney

Landing Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 2008

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • 1,188 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Laundry on upper level
  • Public Beach
  • Property is near a golf course

Community Details

  • 3 Units
  • Memory Lane Condominiums Subdivision

Listing and Financial Details

  • Legal Lot and Block 077E / 0005
  • Assessor Parcel Number 49Memory Lane5SouthPor063077E

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,264

Year Built

Built in 2008

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Memory Lane Condominiums
  • Directions: Route 1 to Memory Lane
  • Above Grade Finished Sq Ft: 1188.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 2008
  • Attribution Contact: scottandsunny@kw.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 183.5
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1188.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 3
  • Kitchen Countertop:Granite: Yes
  • Basement:Unfinished: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Move right in to this cozy townhouse in excellent condition! Enjoy the comfort of living in a quiet neighborhood while being centrally located. Take advantage of an open first floor with a spacious kitchen complete with granite counter-tops, pantry & hardwood floors. The adjacent living area offers a natural gathering area & makes entertaining a breeze. Above, find two large bedrooms with a brand-new washer/dryer hookup in between. Below, a large unfinished basement space provides ample storage space. Experience low maintenance living at its finest within this well-maintained & well-managed association. This is a great opportunity for anyone just starting out, downsizing or right-sizing. A convenient location in South Portland with easy access to Route 1, the Maine Turnpike & only minutes to Portland!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 49Memory Lane5SouthPor063077E
  • Zoning: G

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3264.0
  • Tax Block: 0005
  • Tax Lot: 077E
  • Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 17, 2019
Sold by
Robinson Kendall E
Bought by
Mahmoodi Shuan
Seller's Agent
Scott Townsend
Keller Williams Realty
Buyer's Agent
Katie Kinney
Landing Real Estate
List Price
$218,000
Sold Price
$223,000
Premium/Discount to List
$5,000
2.29%
Current Estimated Value
$435,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,707
Avg. Annual Appreciation
10.23%
Original Mortgage
$216,310
Outstanding Balance
$190,565
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,142

Purchase Details

Listed on
May 16, 2017
Closed on
Sep 19, 2017
Sold by
V & C Enterprises Inc
Bought by
Robinson Kendall E
Seller's Agent
Ashley Falcone
Keller Williams Realty
Buyer's Agent
Michael Cloutier
Keller Williams Realty
List Price
$214,900
Sold Price
$207,500
Premium/Discount to List
-$7,400
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$155,500
Interest Rate
3.93%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 12, 2010
Sold by
Glm Assoc Inc
Bought by
V & C Enterprise Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,920
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mahmoodi Shuan -- --
Robinson Kendall E -- --
V & C Enterprise Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahmoodi Shuan $216,310
Previous Owner Robinson Kendall E $155,500
Previous Owner V & C Enterprise Inc $151,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2019 01/18/19 Sold $223,000 +2.3% $188 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $218,000 +5.1% $184 / Sq Ft
09/15/2017 09/15/17 Sold $207,500 -3.4% $175 / Sq Ft View Prior Sale
08/10/2017 08/10/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $214,900 -- $181 / 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 $4,009 $303,700 $108,000 $195,700
2023 $3,320 $234,800 $90,000 $144,800
2022 $3,373 $216,800 $72,000 $144,800
2021 $3,187 $216,800 $72,000 $144,800
2020 $3,484 $176,400 $72,000 $104,400
2019 $3,369 $176,400 $72,000 $104,400
2018 $3,092 $176,400 $72,000 $104,400
2017 $3,175 $176,400 $72,000 $104,400
2016 $3,122 $176,400 $72,000 $104,400
2015 $3,069 $176,400 $72,000 $104,400
2014 -- $176,400 $72,000 $104,400
2013 $2,946 $176,400 $72,000 $104,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1376841

Maine Listings

APN: SPOR-000063-000005-000077E