NOT LISTED FOR SALE

Estimated Value: $789,000 - $919,299

4 Beds
2 Baths
3,288 Sq Ft
$257/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $595,000 $181 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,332/month

51 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Hot Water Heating System
  • Victorian Architecture
  • Forced Air Heating System
  • Level Lot

About This Home

As of November 2021

This large Deering Highlands two-family features sprawling three-bedroom layouts on the first and second floors. Two additional third floor bedrooms could be brought back to life with some minor work. There is a lot to like here: ample parking, a new roof and heating system in 2020, new windows, and laundry hookups in each unit. The first floor is vacant and ready for occupancy.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 08/27/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Kristine Boisvert Trogner

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,922

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 3,288 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / F
  • Assessor Parcel Number 57GlenwoodAvenuePortland04103

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $18,422
  • Gross Income $46,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,922

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3288.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: No
  • Year Built: 1930
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 3288.0
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 46392.0
  • Income Expenses Operating Expenses: 18422.0
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Gas:Natural - At Street: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Hot Air
  • 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: 6098.4
  • Parcel #: 57GlenwoodAvenuePortland04103
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 46392.0
  • Annual Operating Expense: 18422.0

Tax Info

  • Tax Annual Amount: 7922.0
  • Tax Block: F
  • Tax Book Number: 33359
  • Tax Lot: 2
  • Tax Map Number: 123
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 30, 2021
Sold by
Slavin Michael R
Bought by
Mello Laurn and Mello Anne
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Kristine Boisvert Trogner
Vitalius Real Estate Group, LLC
List Price
$639,000
Sold Price
$595,000
Premium/Discount to List
-$44,000
-6.89%
Current Estimated Value
$843,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,825
Avg. Annual Appreciation
9.18%
Original Mortgage
$505,750
Outstanding Balance
$469,793
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$356,540

Purchase Details

Listed on
Jun 16, 2016
Closed on
Aug 15, 2016
Sold by
Mcdonald Michael W and Mcdonald Stacy L
Bought by
Slavin Michael R
Seller's Agent
Rick Haskell Patty Haskell
Bean Group
Buyer's Agent
Mindy Sanderson
Coldwell Banker Residential Brokerage
List Price
$400,000
Sold Price
$382,100
Premium/Discount to List
-$17,900
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$286,875
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2015
Sold by
Romano Stephen J and Romano Carol T
Bought by
Mcdonald Michael W and Mcdonald Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.95%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Mello Laurn -- None Available
Slavin Michael R -- --
Mcdonald Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mello Laurn $505,750
Previous Owner Slavin Michael R $309,750
Previous Owner Slavin Michael R $286,875
Previous Owner Mcdonald Michael W $10,000
Previous Owner Mcdonald Michael W $252,000
Previous Owner Romano Stephen J $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $595,000 -6.9% $181 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $639,000 +67.2% $194 / Sq Ft
08/12/2016 08/12/16 Sold $382,100 -4.5% $116 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $400,000 -- $122 / 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 $8,815 $587,300 $92,700 $494,600
2023 $8,463 $587,300 $92,700 $494,600
2022 $7,993 $587,300 $92,700 $494,600
2021 $7,629 $587,300 $92,700 $494,600
2020 $6,541 $280,600 $87,200 $193,400
2019 $6,541 $280,600 $87,200 $193,400
2018 $6,075 $280,600 $87,200 $193,400
2017 $6,075 $280,600 $87,200 $193,400
2016 $5,923 $280,600 $87,200 $193,400
2015 $5,455 $264,400 $87,200 $177,200
2014 $5,288 $264,400 $87,200 $177,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1506867

Maine Listings

APN: PTLD-000123-000000-F002001