NOT LISTED FOR SALE

Estimated Value: $875,000 - $967,000

8 Beds
3 Baths
3,139 Sq Ft
$290/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $575,000 $183 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,674/month

47 Days on Market

Highlights

  • Property is near public transit
  • New Englander Architecture
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • 4-minute walk to Fesseden Park

About This Home

As of February 2020

Fully leased 3-unit within walking distance to Portland's USM and law school campus. This building offers three spacious units with refinished hardwood and softwood floors, high ceilings, period charm and detailing, updated kitchens and baths, replacement windows, natural gas heating and more. Generating $60K in rents, this is an investor's dream. Open showings scheduled for Friday, 11/8 from 12:00 - 1:00 and Monday, 11/11 from 4:00 - 5:00. Offers will be reviewed on Tuesday, 11/12 @ 5:00 pm.

Last Agent to Sell the Property

Peter Molloy

Town & Shore Real Estate Listed on: 01/02/2020

Last Buyer's Agent

Veronica Schneider

Downeast Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,855

Year Built

  • Built in 1900

Lot Details

  • 6,098

Home Design

  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 3,139 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outbuilding
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Exclusions: 1st flr pot rack
  • Legal Lot and Block 20 / D
  • Assessor Parcel Number PTLD-000116-000000-D020001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,855

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Forest Avenue to Fessenden Street, or Deering Avenue to Fessenden.
  • Above Grade Finished Sq Ft: 3139.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Efficiency: Double Pane Windows
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3139.0
  • Property Information:Garage: 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
  • Cooling:None3: 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
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:BrickMortar: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Amenities:Laundry - Coin: Yes
  • Other Structures:Out Building: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry
  • Full Bathrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Bathtub
  • Stories: 3

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Exclusions: 1st flr pot rack
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Outbuilding
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: PTLD-000116-000000-D020001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 7855.0
  • Tax Block: D
  • Tax Book Number: 20016
  • Tax Lot: 20
  • Tax Map Number: 116
  • Tax Year: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
59 Fessendon Llc
Bought by
Duffy Cameron M and Duffy John C
Current Estimated Value
$911,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,500
Outstanding Balance
$393,124
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,209

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 5, 2020
Sold by
Ruppert David S
Bought by
Duffy John C and Duffy Cameron M
Seller's Agent
Peter Molloy
Town & Shore Real Estate
Buyer's Agent
Veronica Schneider
Downeast Realty, Inc.
List Price
$549,000
Sold Price
$575,000
Premium/Discount to List
$26,000
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$431,250
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Duffy Cameron M -- None Available
Duffy John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Cameron M $426,500
Previous Owner Duffy John C $431,250
Previous Owner Duffy John C $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2020 02/07/20 Sold $575,000 +4.7% $183 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $549,000 -- $175 / 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 $9,811 $653,600 $92,700 $560,900
2023 $9,418 $653,600 $92,700 $560,900
2022 $8,895 $653,600 $92,700 $560,900
2021 $8,490 $653,600 $92,700 $560,900
2020 $7,855 $337,000 $87,200 $249,800
2019 $7,855 $337,000 $87,200 $249,800
2018 $7,296 $337,000 $87,200 $249,800
2017 $7,296 $337,000 $87,200 $249,800
2016 $7,114 $337,000 $87,200 $249,800
2015 $6,952 $337,000 $87,200 $249,800
2014 $6,740 $337,000 $87,200 $249,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1438109

Maine Listings

APN: PTLD-000116-000000-D020001