NOT LISTED FOR SALE

5 Porters Landing Rd Freeport, ME 04032

Estimated Value: $608,000 - $746,000

3 Beds
1 Bath
1,618 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $255,000 $158 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,026/month

70 Days on Market

Highlights

  • Ocean Front
  • Colonial Architecture
  • No HOA
  • Mast Landing School Rated A
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of June 2018

Ideally located in the Porters Landing neighborhood, this property has been owned by the same family for the last 61 years. It offers great potential with high ceilings, original hardwood floors and custom detail throughout.

Last Agent to Sell the Property

Elizabeth Ducas

Waypoint Brokers Collective Listed on: 03/23/2018

Co-Listed By

Karen Reiche

LandVest, Inc.

Last Buyer's Agent

L Kate Hodgson

Locations Real Estate Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1850

Lot Details

  • 0.5 Acre Lot
  • Ocean Front
  • Level Lot
  • Open Lot
  • Property is zoned RR2

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,618 Sq Ft Home
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number FPRT-000006-000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • Co List Office Mls Id: 1475
  • Co List Office Phone: 207-774-8518
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1618.0
  • Architectural Style: Colonial
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1618.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Style:Colonial: Yes
  • Driveway:Gravel: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: FPRT-000006-000020
  • Zoning: RR2

Tax Info

  • Tax Annual Amount: 3836.0
  • Tax Book Number: 12860
  • Tax Lot: 20
  • Tax Map Number: 6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jul 9, 2018
Sold by
Hilton Bettyjean W
Bought by
Lorenzo Timothy E and Lorenzo Mikala J
Seller's Agent
Elizabeth Ducas
Waypoint Brokers Collective
Buyer's Agent
L Kate Hodgson
Locations Real Estate Group LLC
List Price
$329,000
Sold Price
$255,000
Premium/Discount to List
-$74,000
-22.49%
Current Estimated Value
$663,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,823
Avg. Annual Appreciation
14.13%
Original Mortgage
$204,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lorenzo Timothy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Timothey L $198,636
Closed Lorenzo Timothy E $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $255,000 -22.5% $158 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $329,000 -- $203 / 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 $6,246 $467,900 $275,400 $192,500
2023 $5,767 $419,400 $250,300 $169,100
2022 $5,359 $392,600 $223,500 $169,100
2021 $4,635 $372,200 $203,100 $169,100
2020 $3,566 $344,400 $188,100 $156,300
2019 $3,557 $322,800 $177,400 $145,400
2018 $4,393 $291,900 $157,200 $134,700
2017 $3,210 $282,600 $154,100 $128,500
2016 $4,057 $256,800 $138,000 $118,800
2015 $3,983 $237,100 $131,100 $106,000
2014 $3,746 $237,100 $131,100 $106,000
2013 $3,623 $228,600 $131,100 $97,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elizabeth Ducas

    Waypoint Brokers Collective

    (207) 939-5095

    3 in this area

    33 Total Sales

    Elizabeth Ducas
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Karen Reiche

    LandVest, Inc.

    (207) 874-6159

    10 in this area

    54 Total Sales

    Karen Reiche
    Section Image

  • L

    Buyer's Agent in 2018

    L Kate Hodgson

    Locations Real Estate Group LLC

    (207) 807-1140

    1 in this area

    55 Total Sales

    L Kate Hodgson
    Section Image
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Map

Source: Maine Listings

MLS Number: 1342358

Maine Listings

APN: FPRT-000006-000020

Maine Cumberland County Freeport 04032

5 Porters Landing Rd, Freeport, ME

This home is located at 5 Porters Landing Rd, Freeport, ME 04032 since 23 March 2018 and is currently estimated at $663,823, approximately $410 per square foot. This property was built in 1850. 5 Porters Landing Rd is a home located in Cumberland County with nearby schools including Morse Street School, Mast Landing School, and Freeport Middle School.

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