NOT LISTED FOR SALE

521 Cumberland Ave Unit 5 Portland, ME 04101

Parkside Neighborhood

Estimated Value: $522,000 - $621,000

3 Beds
1 Bath
1,155 Sq Ft
$328/mo HOA Fee

Last Sold October 27, 2020

Last sale price $430,000 $372 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,839/month

Highlights

  • The property is located in a historic district
  • Victorian Architecture
  • Granite Countertops
  • Wood Flooring
  • Corner Lot
  • 2-minute walk to Deering Oaks Park

About This Home

As of October 2020

Historic charm with modern amenities best describes this bright and sunny three bedroom/one bath Victorian condo with high ceilings and south/southwest exposure. Freshly painted throughout, this updated in-town condo comes with a much sought after one car garage and private storage area. Walk to dinner or to get coffee...it all awaits you right outside your door!

Last Agent to Sell the Property

Joi Kressbach

Town & Shore Real Estate Listed on: 09/24/2020

Last Buyer's Agent

Aaron Chadbourne

Demetria Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 1900

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $328 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • 1,155 Sq Ft Home
  • Victorian Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Slate Roof
  • Wood Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Home Security

Outdoor Features

  • Porch

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heated On Demand

Listing and Financial Details

  • No Rentals Allowed
  • Tax Lot F014
  • Assessor Parcel Number PTLD-000048-000000-F014005

Community Details

Overview

  • 7 Units
  • Cumberland West Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,126

Year Built

Built in 1900

Lot Details

0

HOA Fees

$328 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cumberland West
  • Directions: From State Street take a left onto Cumberland Avenue. House is on the corner of Cumberland and Mellon.
  • Above Grade Finished Sq Ft: 1155.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1155.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: 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
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 328.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 7
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Under: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Slate: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bathtub, Shower

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Landscaped, Historic District, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Slate
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Off Street, Underground

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 328.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000048-000000-F014005
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 6126.0
  • Tax Book Number: 34996
  • Tax Lot: F014
  • Tax Map Number: 48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Oct 27, 2020
Sold by
Tilton William
Bought by
Pancoe Hannah G
Seller's Agent
Joi Kressbach
Town & Shore Real Estate
Buyer's Agent
Aaron Chadbourne
Demetria Real Estate
List Price
$419,000
Sold Price
$430,000
Premium/Discount to List
$11,000
2.63%
Current Estimated Value
$565,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,600
Avg. Annual Appreciation
4.36%
Original Mortgage
$200,000
Outstanding Balance
$181,190
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$347,043

Purchase Details

Listed on
Jun 9, 2018
Closed on
Jul 17, 2018
Sold by
Lauritzen Amanda L and Moher Benjamin J
Bought by
Tilton William
Seller's Agent
Edith Fontai Maureen Zemrak
Locations Real Estate Group LLC
Buyer's Agent
Joi Kressbach
Portside Real Estate Group
List Price
$385,000
Sold Price
$374,500
Premium/Discount to List
-$10,500
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
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
Pancoe Hannah G -- None Available
Tilton William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pancoe Hannah G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $430,000 +2.6% $372 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $419,000 +11.9% $363 / Sq Ft
07/13/2018 07/13/18 Sold $374,500 -2.7% $290 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $385,000 +23.8% $298 / Sq Ft
06/25/2014 06/25/14 Sold $311,000 +7.3% $241 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/11/2014 05/11/14 For Sale $289,900 -- $225 / 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 $6,105 $406,700 $81,340 $325,360
2023 $5,861 $406,700 $81,340 $325,360
2022 $5,535 $406,700 $81,340 $325,360
2021 $5,283 $406,700 $81,340 $325,360
2020 $6,126 $262,800 $52,300 $210,500
2019 $6,126 $262,800 $52,300 $210,500
2018 $5,283 $262,800 $52,300 $210,500
2017 $5,690 $262,800 $52,300 $210,500
2016 $5,548 $262,800 $52,300 $210,500
2015 $5,422 $262,800 $52,300 $210,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joi Kressbach

    Town & Shore Real Estate

  • Aaron Chadbourne

    Buyer's Agent in 2020

    Aaron Chadbourne

    Demetria Real Estate

    (207) 329-0915

    2 in this area

    236 Total Sales

    Aaron Chadbourne
    Section Image

  • E

    Seller's Agent in 2018

    Edith Fontai Maureen Zemrak

    Locations Real Estate Group LLC

    (207) 749-8963

    135 Total Sales

    Edith Fontai Maureen Zemrak
    Section Image

  • J

    Seller's Agent in 2014

    Joe Flynn

    The Atlantic Real Estate Network

    (207) 657-1036

    35 Total Sales

    Joe Flynn
    Section Image

  • M

    Buyer's Agent in 2014

    Maureen Zemrak

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1470260

Maine Listings

APN: PTLD-000048-000000-F014005

Maine Cumberland County Portland 04101 Parkside

521 Cumberland Ave Unit 5, Portland, ME

This home is located at 521 Cumberland Ave Unit 5, Portland, ME 04101 since 24 September 2020 and is currently estimated at $565,600, approximately $489 per square foot. This property was built in 1900. 521 Cumberland Ave Unit 5 is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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