NOT LISTED FOR SALE

56 Congress St Portland, ME 04101

East End Neighborhood

Estimated Value: $1,314,000 - $1,437,000

6 Beds
3 Baths
3,222 Sq Ft
$432/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,128,000 $350 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,534/month

6 Days on Market

Highlights

  • Ocean Front
  • Wood Flooring
  • Heating System Uses Steam
  • Public Beach
  • No HOA
  • 3-minute walk to East End Playground

About This Home

As of January 2022

This Munjoy Hill 3-unit is in an incredible location on Portland's East End. 56 Congress St is only two blocks (eight buildings) from the Prom, with the gorgeous park, food trucks, trails, tennis courts, and East End Beach right outside your door. The building has three 2 BR units, a long driveway, sweet backyard, and fully rebuilt decks with water views. The first floor will be vacant at closing, so if you're an owner occupant looking to put down roots or have a crash pad in this coveted location, you should make sure you see this special address.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 12/10/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Robert Rankin

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,098

Year Built

  • Built in 1894

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Level Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,222 Sq Ft Home
  • Multi-Level Property
  • Water Views

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / G
  • Assessor Parcel Number PTLD-000003-G000002-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $14,845
  • Gross Income $60,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,098

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Water Body Name: Portland Harbor / Casco Bay
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3222.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1894
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3222.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Income Expenses Gross Income: 60900.0
  • Income Expenses Operating Expenses: 14845.0
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Gas:Natural - At Street: Yes
  • Exterior:Asbestos: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront Features: Bay, Harbor, Ocean
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: PTLD-000003-G000002-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 60900.0
  • Annual Operating Expense: 14845.0

Tax Info

  • Tax Annual Amount: 9098.0
  • Tax Block: G
  • Tax Book Number: 27151
  • Tax Lot: 2
  • Tax Map Number: 3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 31, 2022
Sold by
Goodrich Mattew R and Goodrich Bethany
Bought by
Mackechnie-Okie S
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Robert Rankin
Benchmark Real Estate
List Price
$1,100,000
Sold Price
$1,128,000
Premium/Discount to List
$28,000
2.55%
Current Estimated Value
$1,391,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,885
Avg. Annual Appreciation
3.80%
Original Mortgage
$902,400
Outstanding Balance
$844,962
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$443,504

Purchase Details

Closed on
Aug 4, 2009
Sold by
Jakubski Adam and Douglas Martica S
Bought by
Goorich Matthew R and Goodrich Bethany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.43%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2005
Sold by
Jakubski Adam
Bought by
Douglas Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 5, 2005
Sold by
Jakubski Marisha
Bought by
Jakubski Adam
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mackechnie-Okie S -- None Available
Goorich Matthew R -- --
Douglas Maria S -- --
Jakubski Adam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mackechnie-Okie S $902,400
Previous Owner Goorich Matthew R $336,000
Previous Owner Douglas Martica S $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,128,000 +2.5% $350 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $1,100,000 -- $341 / 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 $11,403 $759,700 $232,300 $527,400
2023 $10,947 $759,700 $232,300 $527,400
2022 $9,532 $700,400 $232,300 $468,100
2021 $9,098 $700,400 $232,300 $468,100
2020 $7,720 $331,200 $156,200 $175,000
2019 $7,720 $331,200 $156,200 $175,000
2018 $7,170 $331,200 $156,200 $175,000
2017 $7,170 $331,200 $156,200 $175,000
2016 $6,992 $331,200 $156,200 $175,000
2015 $6,793 $329,300 $156,200 $173,100
2014 $6,586 $329,300 $156,200 $173,100
Source: Public Records

Agents Affiliated with this Home

  • Brit Vitalius

    Seller's Agent in 2022

    Brit Vitalius

    Vitalius Real Estate Group, LLC

    (207) 318-2555

    21 in this area

    176 Total Sales

    Brit Vitalius
    Section Image
  • Chris Sullivan

    Seller Co-Listing Agent in 2022

    Chris Sullivan

    Vitalius Real Estate Group, LLC

    (207) 730-0884

    17 in this area

    131 Total Sales

    Chris Sullivan
    Section Image

  • R

    Buyer's Agent in 2022

    Robert Rankin

    Benchmark Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1516385

Maine Listings

APN: PTLD-000003-000000-G002001

Maine Cumberland County Portland 04101 East End

56 Congress St, Portland, ME

This home is located at 56 Congress St, Portland, ME 04101 since 10 December 2021 and is currently estimated at $1,391,885, approximately $431 per square foot. This property was built in 1894. 56 Congress St is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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