$799,000
SOLD MAY 15, 2025

62 Atlantic St Portland, ME 04101

East End Neighborhood
-- Bed
2.5 Baths
2,269 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$352 Per Sq Ft

4 Days on Market

Highlights

  • Public Beach
  • Wood Flooring
  • No HOA
  • 0.16 Acre Lot
  • New Englander Architecture
  • 1 Car Detached Garage

About This Home

As of May 2025

Amazing opportunity to purchase and renovate this Historic Munjoy Hill Two unit gem with (2) 3 bedroom units that sits on a large 7000 SF lot which offers plenty of sun + green space! This property is a short walk to Portland's historic Old Port, Eastern Promenade, East End Beach - (where you can boat/Island watch) & world renowned restaurants + bars! Please don't miss out on this fantastic opportunity to own a great property at a competitive price! OPEN HOUSE MONDAY 4/14 FROM 12 PM - 2 PM

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 04/12/2025

Last Buyer's Agent

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 04/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,723

Year Built

  • Built in 1850

Lot Details

  • 6,970 Sq Ft Lot
  • Public Beach
  • Fenced
  • Level Lot
  • Open Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • 2,269 Sq Ft Home
  • Duplex
  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • City Lot

Listing and Financial Details

  • Tax Lot E005
  • Assessor Parcel Number PTLD-000016-E000005-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Community Storage Space
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,723

Year Built

Built in 1850

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 2269.0
  • Architectural Style: Other, New Englander
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 352.14
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2269.0
  • Property Information:Garage: Yes
  • 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:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Income Expenses Gross Income: 12000.0
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Amazing opportunity to purchase and renovate this Historic Munjoy Hill Two unit gem with (2) 3 bedroom units that sits on a large 7000 SF lot which offers plenty of sun + green space! This property is a short walk to Portland's historic Old Port, Eastern Promenade, East End Beach - (where you can boat/Island watch) & world renowned restaurants + bars! Please don't miss out on this fantastic opportunity to own a great property at a competitive price! OPEN HOUSE MONDAY 4/14 FROM 12 PM - 2 PM
  • Structure Type:Duplex3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Open, Level, Sidewalks, Intown, Near Public Beach, Near Shopping
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 6969.6
  • Parcel #: PTLD-000016-E000005-000001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000.0

Tax Info

  • Tax Annual Amount: 9723.0
  • Tax Lot: E005
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
May 15, 2025
Sold by
Martell Muriellyn I
Bought by
62 Atlantic Llc
Seller's Agent
Thomas Gadbois
F.O. Bailey Real Estate
Buyer's Agent
Thomas Gadbois
F.O. Bailey Real Estate
List Price
$799,000
Sold Price
$799,000
Views
8
Current Estimated Value
$812,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,877
Avg. Annual Appreciation
3.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $799,000 None Available
Warranty Deed $799,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2025 05/15/25 Sold $799,000 0.0% $352 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/12/2025 04/12/25 For Sale $799,000 -- $352 / 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 $9,723 $647,800 $359,100 $288,700
2023 $9,335 $647,800 $359,100 $288,700
2022 $8,817 $647,800 $359,100 $288,700
2021 $8,415 $647,800 $359,100 $288,700
2020 $6,529 $280,100 $111,900 $168,200
2019 $6,529 $280,100 $111,900 $168,200
2018 $5,657 $280,100 $111,900 $168,200
2017 $6,064 $280,100 $111,900 $168,200
2016 $5,913 $280,100 $111,900 $168,200
2015 $5,778 $280,100 $111,900 $168,200
2014 $5,602 $280,100 $111,900 $168,200
Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2025

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    5 in this area

    144 Total Sales

    Thomas Gadbois
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Map

Source: Maine Listings

MLS Number: 1618889

Maine Listings

APN: PTLD-000016-000000-E005001

Maine Cumberland County Portland 04101 East End

62 Atlantic St, Portland, ME

Sold

MultiFamily

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