NOT LISTED FOR SALE

56 Douglass St Portland, ME 04102

Libbytown Neighborhood

Estimated Value: $714,000 - $855,000

6 Beds
3 Baths
3,136 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $549,000 $175 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,848/month

126 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Community Storage Space

About This Home

As of April 2021

INVESTMENT OPPORTUNITY

Three unit multi-family, one 4-BR, two 1-BR3,136± SF on 0.07± AC lot

Off street parking!

Great location just off Congress Street

SALE PRICE: $549,000

Last Agent to Sell the Property

Cheri Bonawitz

Malone Commercial Brokers, Inc. Listed on: 02/25/2021

Co-Listed By

Karen Rich

Malone Commercial Brokers, Inc.

Last Buyer's Agent

Ezra Provost

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,413

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,136 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 56DouglassStreetPortlandMaine04102

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $13,342
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,413

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2284
  • Co List Office Phone: 207-772-2422
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3136.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • 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: 3136.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 48600.0
  • Income Expenses Operating Expenses: 13342.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Foundation Materials:Granite2: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile
  • Interior Amenities: Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • 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 #: 56DouglassStreetPortlandMaine04102
  • Zoning: R-5

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48600.0
  • Annual Operating Expense: 13342.0

Tax Info

  • Tax Annual Amount: 6413.0
  • Tax Book Number: 35103
  • Tax Lot: 28
  • Tax Map Number: 78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 29, 2021
Sold by
Harvey Jesse S Est
Bought by
Padula Aaron M
Seller's Agent
Cheri Bonawitz
Malone Commercial Brokers, Inc.
Buyer's Agent
Ezra Provost
Benchmark Real Estate
List Price
$550,000
Sold Price
$549,000
Premium/Discount to List
-$1,000
-0.18%
Current Estimated Value
$784,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,252
Avg. Annual Appreciation
8.52%
Original Mortgage
$502,746
Outstanding Balance
$455,881
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$328,371

Purchase Details

Closed on
Aug 28, 2018
Sold by
Harvey Jesse S and Crotty Kelly A
Bought by
Harvey Jesse S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jul 3, 2017
Sold by
773 Congress Llc
Bought by
Harvey Jesse S and Crotty Kelly A
Seller's Agent
Joe Flynn
The Atlantic Real Estate Network
Buyer's Agent
Cari Turnbull Barbara Deschenes
Bean Group
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$324,022
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2016
Sold by
Soeung Vong
Bought by
773 Congress Llc
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
Padula Aaron M -- None Available
Harvey Jesse S -- --
Harvey Jesse S -- --
773 Congress Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padula Aaron M $502,746
Previous Owner Harvey Jesse S $328,000
Previous Owner Harvey Jesse S $324,022
Previous Owner Soeung Vong $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $549,000 -0.2% $175 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $550,000 +66.7% $175 / Sq Ft
06/30/2017 06/30/17 Sold $330,000 -2.9% $148 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $339,900 -- $153 / 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 $7,301 $486,400 $88,700 $397,700
2023 $7,009 $486,400 $88,700 $397,700
2022 $6,620 $486,400 $88,700 $397,700
2021 $6,159 $474,100 $88,700 $385,400
2020 $6,413 $275,100 $83,200 $191,900
2019 $6,413 $275,100 $83,200 $191,900
2018 $5,945 $275,100 $83,200 $191,900
2017 $5,956 $275,100 $83,200 $191,900
2016 $4,910 $232,600 $83,200 $149,400
2015 $4,799 $232,600 $83,200 $149,400
2014 $4,652 $232,600 $83,200 $149,400
Source: Public Records

Agents Affiliated with this Home

  • Cheri Bonawitz

    Seller's Agent in 2021

    Cheri Bonawitz

    Malone Commercial Brokers, Inc.

    (207) 210-6638

    1 in this area

    31 Total Sales

    Cheri Bonawitz
    Section Image
  • Karen Rich

    Seller Co-Listing Agent in 2021

    Karen Rich

    Malone Commercial Brokers, Inc.

    (207) 210-6637

    1 in this area

    17 Total Sales

    Karen Rich
    Section Image

  • E

    Buyer's Agent in 2021

    Ezra Provost

    Benchmark Real Estate

    Section Image

  • J

    Seller's Agent in 2017

    Joe Flynn

    The Atlantic Real Estate Network

    (207) 657-1036

    35 Total Sales

    Joe Flynn
    Section Image

  • C

    Buyer's Agent in 2017

    Cari Turnbull Barbara Deschenes

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1476918

Maine Listings

APN: PTLD-000078-000000-A028001

Maine Cumberland County Portland 04102 Libbytown

56 Douglass St, Portland, ME

This home is located at 56 Douglass St, Portland, ME 04102 since 25 February 2021 and is currently estimated at $784,252, approximately $250 per square foot. This property was built in 1900. 56 Douglass St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, King Middle School, and Levey Day School.

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