NOT LISTED FOR SALE

Estimated Value: $523,000 - $631,000

3 Beds
2 Baths
1,789 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $307,500 $172 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,612/month

34 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Heating System
  • 2-minute walk to South Portland Farmers' Market

About This Home

As of October 2022

Amazing Knightville location! Just over the bridge from Portland and within walking distance to restaurant, breweries, and waterfront. Come make this duplex your own!

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 09/28/2022

Keller Williams Realty

Co-Listed By

Christopher Bernard

Real Broker

Last Buyer's Agent

Daniel Weber

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 1865

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • 1,789 Sq Ft Home
  • Cape Cod Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number SPOR-000015-000000-000071

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,081
  • Gross Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,075

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Directions: Right onto B street from Waterman Drive. 69 B street on your left.
  • Above Grade Finished Sq Ft: 1789.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1865
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1789.0
  • Property Information:Garage: No
  • Site:Level: 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:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 9600.0
  • Income Expenses Operating Expenses: 10081.0
  • Basement:BrickMortar: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Laminate, Carpet

Exterior Features

  • Lot Features: Level, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.2
  • Parcel #: SPOR-000015-000000-000071
  • Zoning: VR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9600.0
  • Annual Operating Expense: 10081.0

Tax Info

  • Tax Annual Amount: 4075.0
  • Tax Book Number: 4948
  • Tax Lot: 71
  • Tax Map Number: 15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 31, 2022
Sold by
Ross Steven W
Bought by
B Hall Investing Llc
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Daniel Weber
Portside Real Estate Group
List Price
$350,000
Sold Price
$307,500
Premium/Discount to List
-$42,500
-12.14%
Views
16
Current Estimated Value
$576,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,156
Avg. Annual Appreciation
23.56%
Original Mortgage
$310,000
Outstanding Balance
$300,429
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$259,110
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
B Hall Investing Llc $307,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open B Hall Investing Llc $310,000
Previous Owner Ross Steven W $25,000
Previous Owner Ross Steven W $148,000
Previous Owner Ross Steven W $15,000
Previous Owner Ross Steven W $112,000
Previous Owner Ross Steven W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $307,500 -12.1% $172 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $350,000 -- $196 / 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 $5,712 $432,700 $163,100 $269,600
2023 $4,987 $352,700 $115,300 $237,400
2022 $4,464 $286,900 $92,200 $194,700
2021 $3,850 $286,900 $92,200 $194,700
2020 $1,599 $209,900 $73,700 $136,200
2019 $3,213 $209,900 $73,700 $136,200
2018 $3,554 $216,100 $73,700 $142,400
2017 $1,533 $216,100 $73,700 $142,400
2016 $3,706 $209,400 $67,000 $142,400
2015 $3,644 $209,400 $67,000 $142,400
2014 $3,410 $209,400 $67,000 $142,400
2013 -- $209,400 $67,000 $142,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1543034

Maine Listings

APN: SPOR-000015-000000-000071