NOT LISTED FOR SALE

531 Westbrook St Unit 9 South Portland, ME 04106

Estimated Value: $421,000 - $512,000

2 Beds
1.5 Baths
1,327 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $367,500 $277 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,990/month

142 Days on Market

Highlights

  • Nearby Water Access
  • Deck
  • Granite Countertops
  • New Construction
  • Property is near public transit
  • 3-minute walk to Redbank Community Center

About This Home

As of November 2021

It's a little bit urban, it's a little bit coastal. It's totally convenient and wonderfully priced. Greater Portland's newest address is the location that delivers it all. 531 West - brand new townhouse style condominiums offering all the ease of modern living. Spacious units are thoughtfully designed with 2BR, 1.5 bathrooms and finished with the features you desire Immediately you will notice the 9' ceilings, custom tile work in the bathrooms, stone counter tops and shaker-style painted cabinets throughout the kitchen. Relax with your morning coffee on your private balcony knowing that your car is just steps below in your attached garage. Every detail of 531 West is built with an eye for quality and value. On the outside, energy efficient heating and cooling systems, on-demand water heaters, Pella 250 Series windows, low maintenance siding, Thermatru patio and entry doors. Together it makes the statement that matches your lifestyle...a home you'll be proud to own. Due to nationwide concerns about COVID-19 and as a courtesy to home sellers, please do not schedule showings if the buyer's agent or buyers exhibit cold/flu-like symptoms or meets any of the criteria for-quarantine mandated by the Centers for Disease Control and Prevention. By proceeding with scheduling a showing, you are acknowledging this requirement and agreeing you are not aware of any issues of this nature. All buyers and agents are to wear PPE, including gloves and masks. Open House, Sunday, April 25th 12:30 - 2:30.

Last Agent to Sell the Property

Brenda Cerino

Town & Shore Real Estate Listed on: 04/19/2021

Last Buyer's Agent

Melissa Googins

Locations Real Estate Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,848

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,327 Sq Ft Home
  • Double Pane Windows
  • Low Emissivity Windows
  • Living Room
  • Tile Flooring
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Shower Only

Home Security

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Air Exchanger

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Cooling Available
  • Variable Speed HVAC
  • Heat Pump System
  • Programmable Thermostat
  • Natural Gas Not Available
  • Tankless Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number SPOR-000050-000009-000009

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • The community has rules related to deed restrictions

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,848

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$210 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Westbrook Street to #531.
  • Above Grade Finished Sq Ft: 1327.0
  • Architectural Style: Townhouse
  • Garage Yn: Yes
  • New Construction: Yes
  • Efficiency: Variable Speed HVAC, Tankless Water Heater, Programmable Thermostat, Low E Windows, LED Light Fixtures, Insulated Foundation, Double Pane Windows
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.62
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1327.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:On Demand: Yes
  • Location Information:Association Fee: 210.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 5
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Condominium:Total Units4: 10
  • Condominium:_pound_ of Buildings: 2
  • Green Features:Air Exchanger: Yes
  • Energy Efficiency:LED Light Fixtures: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: 4098

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub, Pantry, Shower
  • Bedroom 2 Level: Third
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: New Construction
  • Roof: Membrane
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: South Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.2
  • Parcel #: SPOR-000050-000009-000009
  • Zoning: RB

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Book Number: 34841
  • Tax Lot: 009
  • Tax Map Number: 50
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Nov 5, 2021
Sold by
Mz Properties Llc
Bought by
Wetzel James
Seller's Agent
Brenda Cerino
Town & Shore Real Estate
Buyer's Agent
Melissa Googins
Locations Real Estate Group LLC
List Price
$365,000
Sold Price
$367,500
Premium/Discount to List
$2,500
0.68%
Total Days on Market
142
Current Estimated Value
$447,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,250
Avg. Annual Appreciation
6.03%
Original Mortgage
$349,125
Outstanding Balance
$324,155
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,797
Source: Public Records

Similar Homes in South Portland, ME

  • 22 Cormorant Place, South Portland, ME 04106

    $435,000

    • 2 Beds
    • 1.5 Baths
    • 1,180 Sq Ft
    • 22 Cormorant Place
    • South Portland, ME

    Amazing location!! This condo, in a very well run association, is located minutes from shopping, restaurants, 295 and the turnpike, and yet it's overlooking the picturesque Long Creek River and abutting the Long Creek Trails. If you're looking for a super clean and updated condo in a quiet and peaceful setting, 22 Cormorant is for you. All the modern amenities you'd prefer, like efficient natural

    Andrew Stevens Keller Williams Realty

    Section Image
  • 14 Cormorant Place, South Portland, ME 04106

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft
    • 14 Cormorant Place
    • South Portland, ME

    HERON COVE - FABULOUS LOCATION AT THIS SPARKLING CONDO, FILLED WITH NATURAL LIGHT. OFFERS PERFECT SINGLE LEVEL LIVING. LR AND DINING AREA OVERLOOK A SANCTUARY SETTING. SPACIOUS PRIMARY BR HAS A NEW LUXURY BATH. NATURAL LONG CREEK VIEWS PREVAIL FROM THE PRIVATE PATIO. JUST MINUTES TO THE MALL AND DOWNTOWN PORTLAND. MOVE-IN CONDITION, STORAGE, NEW REFRIGERATOR AND DISH WASHER, 1C GARAGE AND 2020

    Rita Yarinold Bay Realty

    Section Image
  • 32 Bayberry Way, South Portland, ME 04106

    $390,000

    • 2 Beds
    • 1.5 Baths
    • 1,243 Sq Ft
    • 32 Bayberry Way
    • South Portland, ME

    Opportunity to own in one of South Portland's most convenient and desirable locations! Situated in the T-Ledge neighborhood, this 1,243 sq ft condo offers a spacious and functional layout featuring 2 bedrooms, 1.5 baths, and direct entry from a 1-car garage. Enjoy year-round comfort with an energy-efficient heat pump, and step outside to a private backyard patio—perfect for entertaining or

    CJ Maksut RE/MAX Realty One

    Section Image
  • 1 Solar Way Unit 1, South Portland, ME 04021

    $495,000

    • 1 Bed
    • 1 Bath
    • 842 Sq Ft
    • 1 Solar Way
    • Unit 1
    • South Portland, ME

    Discover your eco-friendly haven in the heart of Southern Maine. These charming one-bedroom, one-bathroom townhouses not only offer comfort and convenience but also each home features a solar array to help offset your energy costs. An exceptional way to downsize or start your homeownership journey.Seller Concessions Available.

    The Marc Gup Keller Williams Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wetzel James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel James $349,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $367,500 +0.7% $277 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $365,000 -- $275 / 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 $4,848 $367,300 $135,000 $232,300
2023 $4,071 $287,900 $120,000 $167,900
2022 $4,480 $287,900 $120,000 $167,900
2021 $1,999 $136,000 $120,000 $16,000
2020 $1,215 $61,500 $50,000 $11,500
2019 $1,175 $61,500 $50,000 $11,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1488303

Maine Listings

APN: 050 0009 009