J
Seller's Agent in 2025
John Fitzsimons
Portside Real Estate Group
(207) 233-8314
6 in this area
207 Total Sales
560 Cumberland Ave Portland, ME 04101
Parkside Neighborhood
--
Bed
3
Baths
3,098
Sq Ft
2,614
Sq Ft Lot
Highlights
- Property is near public transit
- New Englander Architecture
- Level Lot
- Wood Flooring
- No HOA
- 4-minute walk to Deering Oaks Park
About This Home
As of May 2025Welcome to 560 Cumberland Avenue, a well maintained 3-unit property nestled in the highly sought-after Parkside neighborhood of Portland. Lovingly cared for over the past 10+ years, this charming building presents an excellent opportunity for both owner-occupants and investors alike. Its prime location offers unparalleled convenience, with Maine Med, Deering Oaks Park, Longfellow Square's renowned restaurants, and the Western Promenade all just moments away.Units 1 and 2 each feature nearly 1,200 sq. ft. of living space, boasting spacious 2-bedroom layouts complete with formal dining and living rooms, perfect for comfortable living and entertaining. Unit 3 offers a cozy yet roomy 1-bedroom layout, ideal for tenants or additional space for the owner. Throughout the building, you'll notice the pride of ownership, reflected in the long-term tenants who have enjoyed the property's care and attention to detail.Significant updates over the years include a complete electrical rewire, a newer roof, installation of three hybrid water heaters, and updated front stairwell, ensuring a smooth-running property with modern efficiencies. Whether you're looking for a home or a solid investment, this property is ready to meet your needs. Showings will be held via group viewings. Don't miss this opportunity to own a piece of Portland's vibrant Parkside neighborhood!GROUP SHOWINGS:Wednesday 4/2 11:00am-12:30pmThursday 4/3 1:00pm-2:30pm
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,103
Year Built
- Built in 1873
Lot Details
- 2,614 Sq Ft Lot
- Level Lot
Home Design
- 3,098 Sq Ft Home
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Location
- Property is near public transit
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 2 / A
- Assessor Parcel Number PTLD-000047-A000002-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $15,424
- Gross Income $58,764
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
May 9, 2025
Sold by
Hampton Ct Partners Llc
Bought by
Mcavoy Thomas B
Seller's Agent
John Fitzsimons
Portside Real Estate Group
Buyer's Agent
Carly Chasse
Portside Real Estate Group
List Price
$799,000
Sold Price
$810,000
Premium/Discount to List
$11,000
1.38%
Views
17
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.36%
Original Mortgage
$769,500
Outstanding Balance
$768,824
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,905
Purchase Details
Closed on
Sep 4, 2014
Sold by
Fitzsimons John P and Fitzsimons Joan M
Bought by
Hampton Court Partners
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2014
Sold by
Investment Core Llc
Bought by
Fitzsimons John P and Fitzsimons Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2007
Sold by
Boulanger Derek J and Boulanger Celena B
Bought by
Chase Liv R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.48%
Mortgage Type
Unknown
Purchase Details
Closed on
May 7, 2007
Sold by
Johnson Donald E
Bought by
Boulanger Celena B and Boulanger Derek J
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $810,000 | None Available | |
| Warranty Deed | $810,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $769,500 | Purchase Money Mortgage | |
| Closed | $769,500 | Purchase Money Mortgage | |
| Previous Owner | $270,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $281,250 | New Conventional | |
| Previous Owner | $230,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $127,000 | Unknown | |
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $75,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $810,000 | +1.4% | $261 / Sq Ft |
| 04/06/2025 04/06/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $799,000 | -- | $258 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $10,103 | $673,100 | $273,100 | $400,000 |
| 2023 | $9,699 | $673,100 | $273,100 | $400,000 |
| 2022 | $9,161 | $673,100 | $273,100 | $400,000 |
| 2021 | $8,744 | $673,100 | $273,100 | $400,000 |
| 2020 | $7,340 | $314,900 | $137,600 | $177,300 |
| 2019 | $7,340 | $314,900 | $137,600 | $177,300 |
| 2018 | $6,818 | $314,900 | $137,600 | $177,300 |
| 2017 | $6,818 | $314,900 | $137,600 | $177,300 |
| 2016 | $6,648 | $314,900 | $137,600 | $177,300 |
| 2015 | $6,496 | $314,900 | $137,600 | $177,300 |
| 2014 | $6,298 | $314,900 | $137,600 | $177,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2025
Carly Chasse
Portside Real Estate Group
(207) 415-0483
1 in this area
81 Total Sales
Map
Source: Maine Listings
MLS Number: 1617546
APN: PTLD-000047-000000-A002001
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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.
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