Seller's Agent in 2018
Mackenzie Simpson
Porta & Company
(207) 608-0674
9 Total Sales
59 Pine St Portland, ME 04102
West End NeighborhoodEstimated Value: $1,297,702
--
Bed
5
Baths
5,992
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Landscaped
- Furnished
- Home Security System
- Baseboard Heating
About This Home
As of January 201812-Room lodging house investment property for sale on Portland's Peninsula. Individual bedrooms w/ 2 shared kitchens & 4 shared bathrooms. Located in the West End near the Maine Medical Center, the Old Port, Congress Street, and Portland's food and art scene. The in town setting and competitive rent pricing makes the property an excellent choice for tenants. Rare opportunity for a real estate investor, non-profit organization or residential property management company who can manage short & long term rentals.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,878
Year Built
- Built in 1915
Lot Details
- 3,485 Sq Ft Lot
- Property fronts a private road
- Landscaped
- Sprinkler System
Home Design
- Rooming House
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Clap Board Siding
- Clapboard
Interior Spaces
- 5 Full Bathrooms
- 5,992 Sq Ft Home
- 3-Story Property
- Furnished
- Wood Flooring
Unfinished Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
Home Security
- Home Security System
- Fire Sprinkler System
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- No Home Owners Association
- 12 Units
Listing and Financial Details
- Tax Lot B35
- Assessor Parcel Number PTLD-000055-000000-B035001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 21, 2006
Sold by
R G Simonds T
Bought by
Carol Smith T
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
6.23%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carol Smith T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nomad Real Estate Ii Llc | $180,000 | |
| Open | Nomad Re 2 Llc | $532,493 | |
| Closed | Nomad Real Estate 2Nd Llc | $562,500 | |
| Closed | Pine House Llc | $440,000 | |
| Closed | Carol Smith T | $229,000 | |
| Closed | Carol Smith T | $352,500 | |
| Closed | Carol Smith T | $0 | |
| Previous Owner | G Simonds T R | $375,000 | |
| Previous Owner | G Simonds T R | $28,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2018 01/03/18 | Sold | $750,000 | -16.6% | $125 / Sq Ft |
| 11/17/2017 11/17/17 | Pending | -- | -- | -- |
| 08/29/2017 08/29/17 | For Sale | $899,000 | -- | $150 / 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 | $10,950 | $729,500 | $263,400 | $466,100 |
| 2023 | $10,512 | $729,500 | $263,400 | $466,100 |
| 2022 | $9,928 | $729,500 | $263,400 | $466,100 |
| 2021 | $9,476 | $729,500 | $263,400 | $466,100 |
| 2020 | $7,406 | $317,700 | $131,700 | $186,000 |
| 2019 | $7,406 | $317,700 | $131,700 | $186,000 |
| 2018 | $7,142 | $317,700 | $131,700 | $186,000 |
| 2017 | $6,878 | $317,700 | $131,700 | $186,000 |
| 2016 | $6,707 | $317,700 | $131,700 | $186,000 |
| 2015 | $6,554 | $317,700 | $131,700 | $186,000 |
| 2014 | -- | $317,700 | $131,700 | $186,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mackenzie Simpson
-
Joseph Porta
Seller Co-Listing Agent in 2018
Joseph Porta
Porta & Company
(207) 608-0674
1 Total Sale
Map
Source: Maine Listings
MLS Number: 1324196
APN: PTLD-000055-000000-B035001
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