$374,500
SOLD JUL 13, 2018

521 Cumberland Ave Unit 5 Portland, ME 04101

Parkside Neighborhood
3 Beds
1 Bath
1,290 Sq Ft
$329/mo HOA Fee

Recently Sold

$290 Per Sq Ft

3% Below List Price

13 Days on Market

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

Queen Anne Victorian in the heart of the peninsula. Unit spans the entire second floor & includes deeded attached garage parking. This condo lives like a house with versatile spaces & 3 generously sized bedrooms. Every room is bathed in sun, w/southern & western exposure. Open layout among kitchen/dining/living areas is ideal for entertaining. Recently renovated, with beautiful light maple floors throughout. 2017 kitchen update includes ceramic tile backsplash, cabinet & counter space. Period details incl. decorative fireplaces, moldings, 9 foot ceilings, magnificent bay windows & turret. Electrical, plumbing, gas boiler, city-connected fire alarm system & sprinkler system all newly installed. W/D in unit. Cable hookup in every room. Communal storage space in basement & lockable private unit in garage. Strong HOA, no rise in fees in almost four years, with very responsible owners actively invested in the property.

Last Agent to Sell the Property

Edith Fontai Maureen Zemrak

Locations Real Estate Group LLC Listed on: 06/09/2018

Last Buyer's Agent

Joi Kressbach

Portside Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1900

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $329 Monthly HOA Fees

Home Design

  • 1,290 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

Parking

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

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

Listing and Financial Details

  • 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

$5,690

Year Built

Built in 1900

Lot Details

0

HOA Fees

$329 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Cumberland West
  • Directions: Congress Street to Mellen Street - property is the beautiful yellow Victorian on the corner of Cumberland Avenue and Mellen Street
  • Above Grade Finished Sq Ft: 1290.0
  • 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: 1290.0
  • 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
  • Location Information:Association Fee: 329.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: 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
  • Vehicle Storage:Under: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Slate: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • 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
  • 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
  • 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: 329.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

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: 5690.0
  • Tax Book Number: 31579
  • Tax Lot: F014
  • Tax Map Number: 48
  • Tax Year: 2017

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
$576,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,482
Avg. Annual Appreciation
4.42%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
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

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Map

Source: Maine Listings

MLS Number: 1350866

Maine Listings

APN: PTLD-000048-000000-F014005