NOT LISTED FOR SALE

501 Cumberland Ave Unit 1 Portland, ME 04101

Parkside Neighborhood

Estimated Value: $642,000 - $771,637

2 Beds
2 Baths
1,680 Sq Ft
$517/mo HOA Fee

Last Sold November 30, 2017

Last sale price $395,000 $235 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,681/month

49 Days on Market

Highlights

  • The property is located in a historic district
  • Dining Room with Fireplace
  • Victorian Architecture
  • Deck
  • Wood Flooring
  • 4-minute walk to Deering Oaks Park

About This Home

As of November 2017

World class historic condo in the heart of Portland is a rare find! You will love this dramatic 2 bedrm home featuring a custom kitchen, granite counter tops, & beautiful tile flrs. This stately home has formal diningrm, stained glass windows & warmth of Maple floors, detailed wdwork & an amazing wood mantle fireplaces in the dining, living, & master bedrms. Custom tiled bathroom w/granite & a claw foot tub. Enjoy going to the Museum, park & Old Port, a short walk away. Condo fees include heat & hot water.

Last Agent to Sell the Property

Mathew Zimmerman

Fontaine Family-The Real Estate Leader Listed on: 09/08/2017

Last Buyer's Agent

John Herrigel

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1894

Lot Details

  • Fenced
  • Landscaped
  • Open Lot

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Slate Roof
  • Wood Siding
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,680 Sq Ft Home
  • Multi-Level Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Den
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Parking

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

Outdoor Features

  • Deck
  • Porch

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 02001 / F
  • Assessor Parcel Number 501Cumberland Avenue1Portland48F29

Community Details

Overview

  • 3 Units
  • 501 Cumberland Ave Condo Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,746

Year Built

Built in 1894

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: 501 Cumberland Ave Condo Association
  • Directions: Congress St to left on State st then left on Cumberland Ave. Look for home & sign on right.
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Multi-Level, Victorian
  • Year Built: 1894
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1680.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: 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
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 517.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 3
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Den:Den: Yes
  • Roof:Slate: Yes
  • Living Room Amenities:Built-Ins14: Yes
  • Primary Bedroom Amenities:Built-Ins15: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Full, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Bathtub, Storage
  • Full Basement: Yes
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Historic District, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Brick, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Roof: Pitched, Shingle, Slate
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 517.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 501Cumberland Avenue1Portland48F29
  • Zoning: RES CONDO

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 6746.0
  • Tax Block: F
  • Tax Book Number: 31676
  • Tax Lot: 02001
  • Tax Map Number: 48
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Crimaudo Anne and Campbell Angela
Bought by
Crimaudo Anne
Current Estimated Value
$654,812

Purchase Details

Listed on
Sep 8, 2017
Closed on
Nov 30, 2017
Sold by
Stebbins Janet J
Bought by
Crimaudo Anne and Campbell Angela
Seller's Agent
Mathew Zimmerman
Fontaine Family-The Real Estate Leader
Buyer's Agent
John Herrigel
Portside Real Estate Group
List Price
$415,000
Sold Price
$395,000
Premium/Discount to List
-$20,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Blackbeard Llc
Bought by
Kelly Christopher S and Nichols Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2014
Closed on
Aug 1, 2014
Sold by
Blackbeard Llc
Bought by
Stebbins Janet J
Seller's Agent
Joe Flynn
The Atlantic Real Estate Network
Buyer's Agent
Mathew Zimmerman
Keller Williams Realty
List Price
$399,900
Sold Price
$389,900
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$100,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 8, 2009
Sold by
501 Partners Llc
Bought by
Abed Husam D and Solunetic Olivera O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.21%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Crimaudo Anne -- None Available
Crimaudo Anne -- --
Kelly Christopher S -- --
Stebbins Janet J -- --
Abed Husam D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Christopher S $279,000
Previous Owner Stebbins Janet J $100,000
Previous Owner Blackbeard Llc $300,000
Previous Owner Abed Husam D $300,000
Previous Owner Abed Husam D $113,000
Previous Owner Abed Husam D $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $395,000 -4.8% $235 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $415,000 +6.4% $247 / Sq Ft
07/31/2014 07/31/14 Sold $389,900 -2.5% $232 / Sq Ft
06/27/2014 06/27/14 Pending -- -- --
06/08/2014 06/08/14 For Sale $399,900 -- $238 / 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 $6,947 $462,800 $92,560 $370,240
2023 $6,669 $462,800 $92,560 $370,240
2022 $6,299 $462,800 $92,560 $370,240
2021 $6,012 $462,800 $92,560 $370,240
2020 $7,622 $327,000 $65,400 $261,600
2019 $7,622 $327,000 $65,400 $261,600
2018 $7,351 $327,000 $65,400 $261,600
2017 $7,080 $327,000 $65,400 $261,600
2016 $6,903 $327,000 $65,400 $261,600
2015 $6,746 $327,000 $65,400 $261,600
2014 $5,620 $281,000 $146,500 $134,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mathew Zimmerman

    Fontaine Family-The Real Estate Leader

  • J

    Buyer's Agent in 2017

    John Herrigel

    Portside Real Estate Group

  • J

    Seller's Agent in 2014

    Joe Flynn

    The Atlantic Real Estate Network

    (207) 657-1036

    35 Total Sales

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Map

Source: Maine Listings

MLS Number: 1325410

Maine Listings

APN: PTLD-000048-000000-F020001

Maine Cumberland County Portland 04101 Parkside

501 Cumberland Ave Unit 1, Portland, ME

This home is located at 501 Cumberland Ave Unit 1, Portland, ME 04101 since 08 September 2017 and is currently estimated at $704,409, approximately $419 per square foot. This property was built in 1894. 501 Cumberland Ave Unit 1 is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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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