NOT LISTED FOR SALE

Estimated Value: $637,000 - $945,419

4 Beds
2 Baths
2,380 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $400,000 $168 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,040/month

5 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Deck
  • Public Beach
  • Colonial Architecture
  • 4-minute walk to Heseltine Park

About This Home

As of October 2016

Located on quiet Codman St and just steps to Back Cove this 2-family is the ideal for any buyer. Whether you're an investor looking for another quality multi-family to add to your portfolio or an owner occupant that's been searching for that hard find single family alternative that's updated and in a desirable residential neighborhood, this home is a must see. Spacious units, retained period charm, lots of upgrades & updates, rare 2-car garage, separate utilities, 3rd floor ready for expansion, great yard...

Last Listed By

Tom Landry

Benchmark Real Estate Listed on: 09/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1916

Lot Details

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

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Assessor Parcel Number 64-66Codman StreetPortland128A12

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Back Cove Subdivision

Amenities

  • Community Storage Space

Recreation

  • Country Club

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,457

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • MLS Status: Closed
  • Subdivision Name: Back Cove
  • Directions: Ocean to Codman
  • Above Grade Finished Sq Ft: 2380.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1916
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2380.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: 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:Carpet: 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:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Country Club: Yes
  • Exterior:Asbestos: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Other, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Foundation Details: Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 64-66Codman StreetPortland128A12
  • Zoning: R3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6457.0
  • Tax Block: A
  • Tax Book Number: 30218
  • Tax Lot: 12
  • Tax Map Number: 128
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 18, 2016
Sold by
Knowles Ryan J
Bought by
Russell Michael and Russell Burton
Seller's Agent
Tom Landry
Benchmark Real Estate
Buyer's Agent
Donald Russell
Coldwell Banker Realty
List Price
$409,900
Sold Price
$400,000
Premium/Discount to List
-$9,900
-2.42%
Total Days on Market
5
Current Estimated Value
$777,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,355
Avg. Annual Appreciation
9.78%
Original Mortgage
$340,000
Outstanding Balance
$276,929
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$615,961

Purchase Details

Listed on
Oct 16, 2012
Closed on
Dec 14, 2012
Sold by
Ford Reginald N and Ford Laure
Bought by
Knowles Ryan J
Seller's Agent
Amy Adams
Portland's Choice Realty, LLC
Buyer's Agent
Laura Byther
RE/MAX Realty One
List Price
$330,000
Sold Price
$321,500
Premium/Discount to List
-$8,500
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$315,676
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2005
Sold by
Hartford Anthony R and Hartford Karen K
Bought by
Ford Reginald N and Ford Laure

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,400
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Russell Michael -- --
Knowles Ryan J -- --
Ford Reginald N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Michael $340,000
Previous Owner Knowles Ryan J $315,676
Previous Owner Ford Reginald N $298,400
Previous Owner Ford Reginald N $74,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2016 10/14/16 Sold $400,000 -2.4% $168 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $409,900 +27.5% $172 / Sq Ft
12/12/2012 12/12/12 Sold $321,500 -2.6% $141 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $330,000 -- $144 / 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 $8,271 $551,000 $151,700 $399,300
2023 $7,940 $551,000 $151,700 $399,300
2022 $7,499 $551,000 $151,700 $399,300
2021 $7,157 $551,000 $151,700 $399,300
2020 $7,131 $305,900 $115,200 $190,700
2019 $7,131 $305,900 $115,200 $190,700
2018 $6,877 $305,900 $115,200 $190,700
2017 $6,623 $305,900 $115,200 $190,700
2016 $6,458 $305,900 $115,200 $190,700
2015 $6,311 $305,900 $115,200 $190,700
2014 $6,118 $305,900 $115,200 $190,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1281042

Maine Listings

APN: PTLD-000128-000000-A012001