NOT LISTED FOR SALE

Estimated Value: $621,170 - $679,000

4 Beds
2 Baths
1,532 Sq Ft
$418/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $620,000 $405 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,983/month

9 Days on Market

Highlights

  • Property is near public transit
  • New Englander Architecture
  • Porch
  • Wood Flooring
  • No HOA
  • 3-minute walk to Longfellow Park

About This Home

As of April 2024

Wonderful opportunity to own a charming 2-unit in an optimal Portland location. Situated conveniently in a vibrant Woodsford neighborhood, both units have 2 bedrooms and each unit has onsite parking for 2 cars. With a focus on energy efficiency, the building has had many improvements under its current ownership. As an investment it's fully leased with responsible, long-term tenants. As a perfect owner-occupied situation, its inviting location gives access to the many restaurants and shops just steps away. Or a short walk to Back Cove and its walking / jogging trail leads directly to downtown and the Old Port. Hannaford, Whole Foods and Trader Joe's are all within a 3 minute drive, as are the multitude of restaurants of varied cuisines populating the downtown peninsula. OPEN HOUSE Tuesday, February 27 from 1-3 and Saturday, March 3 between 1-3

Last Agent to Sell the Property

Richard Murphy

Harborview Properties, Inc. Listed on: 02/24/2024

Last Buyer's Agent

Grace O'Brien

Gardner Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1874

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Radon Mitigation System

Interior Spaces

  • 2 Full Bathrooms
  • 1,532 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number PTLD-000125-H000009-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,203
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,455

Year Built

Built in 1874

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1532.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Efficiency: Insulated Foundation, Double Pane Windows
  • Building Stories: 2
  • Year Built: 1874
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1532.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 45000.0
  • Income Expenses Operating Expenses: 10203.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Walk-Out Access, Partial, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Landscaped, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Foundation Details: Block, Stone, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

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, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: PTLD-000125-H000009-000001
  • Zoning: res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45000.0
  • Annual Operating Expense: 10203.0

Tax Info

  • Tax Annual Amount: 5455.0
  • Tax Book Number: 35319
  • Tax Lot: 9
  • Tax Map Number: 125
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 15, 2024
Sold by
Cox Alexander
Bought by
Bowllan John A and Faour Kamli
Seller's Agent
Richard Murphy
Harborview Properties, Inc.
Buyer's Agent
Grace O'Brien
Gardner Real Estate Group
List Price
$610,000
Sold Price
$620,000
Premium/Discount to List
$10,000
1.64%
Views
20
Current Estimated Value
$641,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,043
Avg. Annual Appreciation
2.63%
Original Mortgage
$589,000
Outstanding Balance
$582,947
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$60,192

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 30, 2018
Sold by
Carter Christine A and Bangor Gary E
Bought by
Cox Alexander
Seller's Agent
Melissa Richter
Keller Williams Realty
Buyer's Agent
Jean Murphy Richard Murphy
Coldwell Banker Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$324,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Davis Aaron E and Davis Anne M
Bought by
Bangor Gary E and Carter Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Bowllan John A $620,000 None Available
Cox Alexander -- --
Bangor Gary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowllan John A $589,000
Previous Owner Cox Alexander $50,000
Previous Owner Cox Alexander $300,000
Previous Owner Cox Alexander $316,200
Previous Owner Cox Alexander $324,000
Previous Owner Bangor Gary E $203,250
Previous Owner Bangor Gary E $209,000
Previous Owner Bangor Gary E $235,000
Previous Owner Davis Ann M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $620,000 +1.6% $405 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $610,000 +69.4% $398 / Sq Ft
11/30/2018 11/30/18 Sold $360,000 -4.0% $235 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $375,000 -- $245 / 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 $6,220 $414,400 $88,600 $325,800
2023 $5,972 $414,400 $88,600 $325,800
2022 $5,640 $414,400 $88,600 $325,800
2021 $5,383 $414,400 $88,600 $325,800
2020 $5,058 $217,000 $83,100 $133,900
2019 $5,058 $217,000 $83,100 $133,900
2018 $4,698 $217,000 $83,100 $133,900
2017 $4,698 $217,000 $83,100 $133,900
2016 $4,581 $217,000 $83,100 $133,900
2015 $4,477 $217,000 $83,100 $133,900
2014 $4,340 $217,000 $83,100 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1582870

Maine Listings

APN: PTLD-000125-000000-H009001