R
Seller's Agent in 2022
Robert Edgerley
EXP Realty
(207) 553-1327
2 in this area
49 Total Sales
50 Arcadia St Portland, ME 04103
East Deering NeighborhoodEstimated Value: $576,718 - $659,000
4
Beds
2
Baths
1,696
Sq Ft
$364/Sq Ft
Est. Value
Highlights
- New Englander Architecture
- Bathtub
- Hot Water Heating System
- No HOA
- Forced Air Heating System
- Level Lot
About This Home
As of March 2022Looking for an investment? This profitable, well-maintained 2 unit is the perfect opportunity! Both units have 2 bedrooms, 1 full bathroom, and a large kitchen. A rarity for this area, the large, oversized lot provides much potential for expansion and growth. Located in a mature, established neighborhood and just minutes from downtown, don't let this investment possibility get away! Join us for an Open House on Saturday, February 12th from 10:00AM-11:30AM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,783
Year Built
- Built in 1910
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
Home Design
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,696 Sq Ft Home
- Unfinished Basement
- Exterior Basement Entry
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Full Bathrooms
- Bathtub
Parking
- Driveway
- Paved Parking
Location
- Suburban Location
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Water Heated On Demand
Listing and Financial Details
- Tax Lot F006
- Assessor Parcel Number PTLD-000427-F000004-000001
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,750
- Gross Income $32,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2022
Closed on
Mar 29, 2022
Sold by
Richards Lee W and Richards Tiffany A
Bought by
Pearson Mark
Seller's Agent
Robert Edgerley
EXP Realty
Buyer's Agent
Joshua Caron
Maine Community Real Estate
List Price
$485,900
Sold Price
$550,000
Premium/Discount to List
$64,100
13.19%
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
$67,930
Avg. Annual Appreciation
2.44%
Original Mortgage
$467,500
Outstanding Balance
$443,502
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,570
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pearson Mark | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pearson Mark | $467,500 | |
| Previous Owner | Richards Lee W | $49,600 | |
| Previous Owner | Richards Lee W | $125,000 | |
| Previous Owner | Richards Lee W | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2022 03/29/22 | Sold | $550,000 | +13.2% | $324 / Sq Ft |
| 02/14/2022 02/14/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $485,900 | -- | $286 / 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 | $5,803 | $386,600 | $68,600 | $318,000 |
| 2023 | $5,571 | $386,600 | $68,600 | $318,000 |
| 2022 | $5,262 | $386,600 | $68,600 | $318,000 |
| 2021 | $5,022 | $386,600 | $68,600 | $318,000 |
| 2020 | $4,783 | $205,200 | $68,500 | $136,700 |
| 2019 | $4,783 | $205,200 | $68,500 | $136,700 |
| 2018 | $4,443 | $205,200 | $68,500 | $136,700 |
| 2017 | $4,443 | $205,200 | $68,500 | $136,700 |
| 2016 | $4,332 | $205,200 | $68,500 | $136,700 |
| 2015 | $4,233 | $205,200 | $68,500 | $136,700 |
| 2014 | $4,104 | $205,200 | $68,500 | $136,700 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Edgerley
-
Joshua Caron
Buyer's Agent in 2022
Joshua Caron
Maine Community Real Estate
(207) 408-3879
1 in this area
54 Total Sales
Map
Source: Maine Listings
MLS Number: 1519325
APN: PTLD-000427-000000-F004001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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