NOT LISTED FOR SALE

56 Portland St Portland, ME 04101

West Bayside Neighborhood

Estimated Value: $770,000 - $987,000

5 Beds
3 Baths
2,432 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $320,000 $132 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $5,192/month

134 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Open Lot
  • New Englander Architecture
  • Patio
  • Heating System Uses Natural Gas

About This Home

As of January 2016

Well cared for 3 unit in the heart of Portland! Many updates include newer windows, updated electrical, and spruced-up living spaces. First floor has concrete floors and great street presence, for a business opportunity. The second floor has 2 bedrooms and a private patio. The third floor has been opened up to a loft space with nice city views and great light! Tenants pay for heat, hot water, and electric. A nice find!

Last Agent to Sell the Property

Edmund Gardner

Ocean Gate Realty, LLC. Listed on: 07/27/2015

Last Buyer's Agent

Carrie Scoville Amy Foley

The Maine Real Estate Network

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1918

Lot Details

  • 1,307 Sq Ft Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,432 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Concrete
  • Tile
  • Vinyl

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • City Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • Bay Side Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / I
  • Assessor Parcel Number PTLD-000033-000000-I024001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Bay Side
  • Directions: Portland Street; almost across from the Portland Post Office.
  • Above Grade Finished Sq Ft: 2432.0
  • Architectural Style: New Englander
  • Building Stories: 3
  • Year Built: 1918
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2432.0
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Floors:Concrete2: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Other, Not Applicable
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Tile, Concrete

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 1306.8
  • Parcel #: PTLD-000033-000000-I024001
  • Zoning: B2B

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4190.0
  • Tax Block: I
  • Tax Book Number: 23656
  • Tax Lot: 24
  • Tax Map Number: 33
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jan 5, 2016
Sold by
Minimo Inc
Bought by
Bass Jonathan
Seller's Agent
Edmund Gardner
Ocean Gate Realty, LLC.
Buyer's Agent
Carrie Scoville Amy Foley
The Maine Real Estate Network
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%
Current Estimated Value
$845,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,333
Avg. Annual Appreciation
10.18%
Original Mortgage
$295,583
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2006
Sold by
Minimo Inc
Bought by
Morin Glenn G and Nice Deidre E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
Nice Deirdre E and Morin Glenn G
Bought by
Minimo Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Matthews Anthony J
Bought by
Nice Deirdre E and Morin Glenn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Bass Jonathan -- --
Morin Glenn G -- --
Minimo Inc -- --
Nice Deirdre E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Jonathan $266,996
Closed Bass Jonathan $295,583
Closed Milliken William J $258,750
Closed Morin Glenn G $227,500
Previous Owner Nice Deirdre E $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $320,000 -16.9% $132 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $385,000 -- $158 / 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 $7,140 $475,700 $125,800 $349,900
2023 $6,855 $475,700 $125,800 $349,900
2022 $6,474 $475,700 $125,800 $349,900
2021 $6,179 $475,700 $125,800 $349,900
2020 $4,883 $209,500 $57,600 $151,900
2019 $4,883 $209,500 $57,600 $151,900
2018 $4,710 $209,500 $57,600 $151,900
2017 $4,536 $209,500 $57,600 $151,900
2016 $4,423 $209,500 $57,600 $151,900
2015 $4,322 $209,500 $57,600 $151,900
2014 $4,190 $209,500 $57,600 $151,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Edmund Gardner

    Ocean Gate Realty, LLC.

  • C

    Buyer's Agent in 2016

    Carrie Scoville Amy Foley

    The Maine Real Estate Network

  • Amy Foley

    Buyer's Agent in 2016

    Amy Foley

    Signature Homes Real Estate Group, LLC

    (207) 730-3071

    615 Total Sales

    Amy Foley
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1224163

Maine Listings

APN: PTLD-000033-000000-I024001

Maine Cumberland County Portland 04101 West Bayside

56 Portland St, Portland, ME

This home is located at 56 Portland St, Portland, ME 04101 since 27 July 2015 and is currently estimated at $845,333, approximately $347 per square foot. This property was built in 1918. 56 Portland St is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary 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.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes