NOT LISTED FOR SALE

534 Cumberland Ave Portland, ME 04101

Parkside Neighborhood

Estimated Value: $921,000 - $1,003,503

5 Beds
2.5 Baths
2,634 Sq Ft
$366/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $525,000 $199 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,039/month

5 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Forced Air Heating System
  • Victorian Architecture
  • No HOA
  • 3-minute walk to Deering Oaks Park

About This Home

As of January 2019

Open Showings Friday 2-3 & Monday 12-1 Charming Victorian Brick 2-family - ideal for owner occupied with airbnb or investment already in place! 1st unit lives like a single family - boasting wood floors, period detail, bay windows, exposed brick, high ceilings, fresh paint and newer boiler. This unit has 3 bedrooms, 1.5 baths with a large foyer, dining, and separate living room. Laundry and storage in the full basement completes the livability of unit one. Second unit currently being Airbnb-ed with bookings into the late fall. This unit includes 2 bedrooms with laundry on the 3rd floor and is ready to rent or continue as Airbnb. Small sweet shared backyard with built-in raised garden beds and stone accents. Key pad is ready for your new code, come on home!

Last Agent to Sell the Property

Sarah Delisle

Vitalius Real Estate Group, LLC Listed on: 11/01/2018

Last Buyer's Agent

Ezra Provost

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,651

Year Built

  • Built in 1900

Lot Details

  • 2,178

Parking

  • No Driveway

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,634 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Utilities

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

Additional Features

  • 2,178 Sq Ft Lot
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 11 / A
  • Assessor Parcel Number PTLD-000047-000000-A011001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,651

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2634.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2634.0
  • Property Information:Garage: No
  • 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
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Gas:Natural - At Street: Yes
  • Driveway:No Driveway: Yes
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Brick, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: PTLD-000047-000000-A011001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6651.0
  • Tax Block: A
  • Tax Book Number: 32424
  • Tax Lot: 11
  • Tax Map Number: 47
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Provost Ezra
Bought by
Mcsweeney Catherine B
Current Estimated Value
$962,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$120,117
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$842,759

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jan 8, 2019
Sold by
Hemphill Bonnie F and Hemphill Paul Aaron
Bought by
Provost Ezra and Mcsweeney Catherine
Seller's Agent
Sarah Delisle
Vitalius Real Estate Group, LLC
Buyer's Agent
Ezra Provost
Benchmark Real Estate
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$471,975
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 13, 2015
Sold by
Mullen Amy J
Bought by
Hemphill Bonnie F and Pau Aaron
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Sarah Delisle
Bean Group
List Price
$382,000
Sold Price
$387,000
Premium/Discount to List
$5,000
1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$379,990
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2013
Sold by
Meyer Matthew G and Meyer Nathaniel P
Bought by
Mullen Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,892
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2009
Sold by
Cobb Matthew N
Bought by
Meyer Matthew G and Meyer Nathaniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage
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
Mcsweeney Catherine B -- None Available
Provost Ezra -- --
Hemphill Bonnie F -- --
Mullen Amy J -- --
Meyer Matthew G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcsweeney Catherine $125,000
Open Mcsweeney Catherine B $456,200
Previous Owner Provost Ezra $471,975
Previous Owner Hemphill Bonnie F $379,990
Previous Owner Mullen Amy J $276,892
Previous Owner Meyer Matthew G $251,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $525,000 0.0% $199 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $525,000 +37.4% $199 / Sq Ft
07/27/2015 07/27/15 For Sale $382,000 -1.3% $145 / Sq Ft
07/10/2015 07/10/15 Sold $387,000 -- $147 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
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 $9,521 $634,300 $270,300 $364,000
2023 $9,140 $634,300 $270,300 $364,000
2022 $8,633 $634,300 $270,300 $364,000
2021 $8,240 $634,300 $270,300 $364,000
2020 $7,161 $307,200 $136,300 $170,900
2019 $7,161 $307,200 $136,300 $170,900
2018 $6,651 $307,200 $136,300 $170,900
2017 $6,651 $307,200 $136,300 $170,900
2016 $6,485 $307,200 $136,300 $170,900
2015 $6,338 $307,200 $136,300 $170,900
2014 -- $307,200 $136,300 $170,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sarah Delisle

    Vitalius Real Estate Group, LLC

  • E

    Buyer's Agent in 2019

    Ezra Provost

    Benchmark Real Estate

    Section Image
  • Brit Vitalius

    Seller's Agent in 2015

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    12 in this area

    175 Total Sales

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2015

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    10 in this area

    130 Total Sales

    Chris Sullivan
    Section Image
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Map

Source: Maine Listings

MLS Number: 1372862

Maine Listings

APN: PTLD-000047-000000-A011001

Maine Cumberland County Portland 04101 Parkside

534 Cumberland Ave, Portland, ME

This home is located at 534 Cumberland Ave, Portland, ME 04101 since 01 November 2018 and is currently estimated at $962,876, approximately $365 per square foot. This property was built in 1900. 534 Cumberland Ave 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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