L
Seller's Agent in 2024
Lynn Hallett
Town & Shore Real Estate
(207) 773-0262
15 in this area
95 Total Sales
5 Salem St Portland, ME 04102
West End Neighborhood
4
Beds
3.5
Baths
2,720
Sq Ft
2,614
Sq Ft Lot
Highlights
- Ocean Front
- New Construction
- Saltbox Architecture
- Nearby Water Access
- Deck
- 2-minute walk to Harbor View Memorial Park
About This Home
As of October 2024Amazing, custom-built home in Portland's sought-after West End! It's the epitome of urban living - a breathtaking, architectural masterpiece with top-of-the-line construction and luxurious finishes. This custom-crafted gem spans three floors, featuring soaring ceilings, a stunning stainless-steel kitchen, three bedrooms with full baths. On the ground floor, there's a studio, home office or guest space with its own custom-built kitchen, laundry, and a lovely patio. Plus, a heated garage with space for two vehicles, tandem-style, and not to mention four decks and a secluded, enclosed rear yard for outdoor relaxation. Designed to maximize sustainability and sunlight, the top floor boasts a sunroom with a translucent roof and multiple skylights. A two-story light shaft adds a unique touch to this already impressive home. To top it all off, glimpses of the Harbor from this peaceful West End neighborhood. With Portland's finest restaurants, coffee shops, markets, museums, shops, and parks just a short walk away, this place is a true work of art!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,424
Year Built
- Built in 2024 | New Construction
Lot Details
- 2,614 Sq Ft Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- Fenced
- Landscaped
- Property is zoned R6
Parking
- 2 Car Direct Access Garage
- Heated Garage
- Tandem Parking
Property Views
- Water
- Scenic Vista
Home Design
- Saltbox Architecture
- Concrete Foundation
- Structural Insulated Panel System
- Membrane Roofing
- Metal Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,720 Sq Ft Home
- Multi-Level Property
- Built-In Features
- Skylights
- Gas Fireplace
- Double Pane Windows
- Heated Sun or Florida Room
- Sun or Florida Room
- Washer and Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Electric Range
- Stove
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary bedroom located on third floor
- En-Suite Primary Bedroom
- En-Suite Bathroom
- Walk-In Closet
- Bedroom Suite
- In-Law or Guest Suite
- Shower Only
Eco-Friendly Details
- ENERGY STAR/CFL/LED Lights
- Air Exchanger
Outdoor Features
- Nearby Water Access
- Balcony
- Deck
- Patio
- Enclosed Glass Porch
Location
- City Lot
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- High-Efficiency Water Heater
- Gas Water Heater
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number PTLD-000057-K000019-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2024
Closed on
Oct 18, 2024
Sold by
Grey Gardnes Ii Llc
Bought by
Rancourt Michael A
Seller's Agent
Lynn Hallett
Town & Shore Real Estate
Buyer's Agent
Rebecca Kingsley Sewall
Peninsula Real Estate LLC
List Price
$2,200,000
Sold Price
$1,600,000
Premium/Discount to List
-$600,000
-27.27%
Total Days on Market
165
Views
139
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,336
Avg. Annual Appreciation
0.04%
Original Mortgage
$1,280,000
Outstanding Balance
$1,273,980
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$326,646
Purchase Details
Listed on
Jun 20, 2018
Closed on
Dec 18, 2018
Sold by
Baker Bruce W
Bought by
Grey Gardens 2 Llc
Seller's Agent
Bridget King Jason Miller
King + Miller Real Estate
Buyer's Agent
Lynn Hallett
Town & Shore Real Estate
List Price
$225,000
Sold Price
$170,000
Premium/Discount to List
-$55,000
-24.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.80%
Purchase Details
Closed on
Feb 26, 2018
Sold by
Clowes Carol
Bought by
Baker Bruce W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,280,000 | Purchase Money Mortgage | |
| Closed | $1,280,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $1,600,000 | 0.0% | $588 / Sq Ft |
| 09/28/2024 09/28/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $1,600,000 | -10.9% | $588 / Sq Ft |
| 07/22/2024 07/22/24 | Price Changed | $1,795,000 | -9.1% | $660 / Sq Ft |
| 05/13/2024 05/13/24 | Price Changed | $1,975,000 | -10.2% | $726 / Sq Ft |
| 04/15/2024 04/15/24 | For Sale | $2,200,000 | +1194.1% | $809 / Sq Ft |
| 12/18/2018 12/18/18 | Sold | $170,000 | -24.4% | $64 / Sq Ft |
| 11/16/2018 11/16/18 | Pending | -- | -- | -- |
| 06/20/2018 06/20/18 | For Sale | $225,000 | -- | $85 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $12,451 | $829,500 | $274,500 | $555,000 |
| 2023 | $8,424 | $584,600 | $274,500 | $310,100 |
| 2022 | $3,736 | $274,500 | $274,500 | $0 |
| 2021 | $3,566 | $274,500 | $274,500 | $0 |
| 2020 | $2,580 | $110,700 | $110,700 | $0 |
| 2019 | $2,580 | $110,700 | $110,700 | $0 |
| 2018 | $3,278 | $120,700 | $110,700 | $10,000 |
| 2017 | $3,278 | $151,400 | $110,700 | $40,700 |
| 2016 | $3,196 | $151,400 | $110,700 | $40,700 |
| 2015 | $3,123 | $151,400 | $110,700 | $40,700 |
| 2014 | $3,028 | $151,400 | $110,700 | $40,700 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Hallett
-
Rebecca Kingsley Sewall
R
Buyer's Agent in 2024
Rebecca Kingsley Sewall
Peninsula Real Estate LLC
(207) 400-0744
5 in this area
78 Total Sales
-
Bridget King Jason Miller
Seller's Agent in 2018
Bridget King Jason Miller
King + Miller Real Estate
(207) 332-1713
2 in this area
432 Total Sales
Map
Source: Maine Listings
MLS Number: 1585936
APN: PTLD-000057-000000-K019001
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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