NOT LISTED FOR SALE

50 Western Promenade Portland, ME 04102

Valley Street Neighborhood

Estimated Value: $1,039,000 - $1,576,000

6 Beds
3 Baths
3,188 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $655,000 $205 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $8,815/month

21 Days on Market

Highlights

  • Water Views
  • Country Club
  • Property is near public transit
  • Nearby Water Access
  • The property is located in a historic district
  • Wood Flooring

About This Home

As of July 2013

Historic John Burrowes Home, 1905 rich w/history-known when built as one of "The Four Little Castles" remarkable original details-some of the most intricate finishes you will ever see in Portland. flexible floor plan. Water views & deck.Also MLS1090326

Last Agent to Sell the Property

John Hatcher

Keller Williams Realty Listed on: 05/01/2013

Keller Williams Realty

Last Buyer's Agent

John Hatcher

Keller Williams Realty Listed on: 05/01/2013

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,947

Year Built

  • Built in 1905

Lot Details

  • 6,098 Sq Ft Lot
  • Near Conservation Area
  • Landscaped
  • Open Lot

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Masonry

Interior Spaces

  • 3 Full Bathrooms
  • 3,188 Sq Ft Home
  • 3-Story Property
  • Water Views

Flooring

  • Wood
  • Tile

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access

Location

  • Property is near public transit
  • Property is near a golf course
  • The property is located in a historic district

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 4/9 / A
  • Assessor Parcel Number 50Western PromenadePortland71A4/9

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Western Promenade Subdivision

Recreation

  • Country Club

Building Details

  • Gross Income $45,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,947

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Western Promenade
  • Directions: Portland West End to Western Promenade to #50
  • Above Grade Finished Sq Ft: 3188.0
  • Architectural Style: Victorian
  • Building Stories: 3
  • Year Built: 1905
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3188.0
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Gas:Natural - On Site: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 45900.0
  • Parking:On Site2: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Country Club: Yes
  • Exterior:Brick: Yes
  • Location:Abuts Conservation: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Slate: Yes
  • Construction:Masonry: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Landscaped, Abuts Conservation, Historic District, Near Golf Course, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Slate

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 50Western PromenadePortland71A4/9
  • Zoning: R-4

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 45900.0

Tax Info

  • Tax Annual Amount: 10947.0
  • Tax Block: A
  • Tax Book Number: 27296
  • Tax Lot: 4/9
  • Tax Map Number: 71
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Jul 16, 2013
Sold by
Behan Chrisotpher P
Bought by
Fenton David N
Seller's Agent
John Hatcher
Keller Williams Realty
Buyer's Agent
John Hatcher
Keller Williams Realty
List Price
$698,500
Sold Price
$655,000
Premium/Discount to List
-$43,500
-6.23%
Current Estimated Value
$1,351,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,667
Avg. Annual Appreciation
5.53%
Original Mortgage
$415,000
Outstanding Balance
$305,475
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$949,192

Purchase Details

Closed on
Oct 2, 2009
Sold by
Ejh Properties Llc
Bought by
Behan Christopher P

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
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2009
Sold by
Knoth Peder K and M James & Co
Bought by
M James & Co

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
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2009
Sold by
Knoth Jill and Backman Jill
Bought by
Knoth Peder K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.17%
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 Buyer Sale Price Title Company
Fenton David N -- --
Behan Christopher P -- --
M James & Co -- --
Knoth Peder K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenton David N $415,000
Closed Knoth Peder K $50,000
Closed Knoth Peder K $332,000
Closed Knoth Peder K $41,500
Closed Knoth Peder K $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $655,000 -6.2% $205 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $698,500 -- $219 / 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 $16,196 $1,079,000 $446,400 $632,600
2023 $15,548 $1,079,000 $446,400 $632,600
2022 $14,685 $1,079,000 $446,400 $632,600
2021 $14,016 $1,079,000 $446,400 $632,600
2020 $301 $578,600 $249,700 $328,900
2019 $13,487 $578,600 $249,700 $328,900
2018 $13,007 $578,600 $249,700 $328,900
2017 $12,527 $578,600 $249,700 $328,900
2016 $11,933 $565,300 $249,700 $315,600
2015 $11,662 $565,300 $249,700 $315,600
2014 $11,306 $565,300 $249,700 $315,600
Source: Public Records

Agents Affiliated with this Home

  • John Hatcher

    Seller's Agent in 2013

    John Hatcher

    Keller Williams Realty

    (207) 775-2121

    3 in this area

    242 Total Sales

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Map

Source: Maine Listings

MLS Number: 1090327

Maine Listings

APN: PTLD-000071-000000-A004001

Maine Cumberland County Portland 04102 Valley Street

50 Western Promenade, Portland, ME

This home is located at 50 Western Promenade, Portland, ME 04102 since 01 May 2013 and is currently estimated at $1,351,667, approximately $423 per square foot. This property was built in 1905. 50 Western Promenade is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Waynflete School.

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.

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