NOT LISTED FOR SALE

70 Gray St Portland, ME 04102

West End Neighborhood

Estimated Value: $914,000 - $1,179,665

4 Beds
2.5 Baths
2,971 Sq Ft
$366/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $800,000 $269 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,709/month

5 Days on Market

Highlights

  • Ocean Front
  • The property is located in a historic district
  • Property is near public transit
  • Nearby Water Access
  • Scenic Views
  • 4-minute walk to Harbor View Memorial Park

About This Home

As of July 2021

West End 2-unit on a quiet street with private backyard oasis, perfect for an owner occupant! Beautiful, historic details in this Greek Revival brick building. Major projects completed, add your own touches for a fabulous 2-story owner's unit. Large 1st floor 2-bed unit with great rental history. Laundry in each unit. Plenty of storage & bonus spaces, great options for work from home. Steps to all your West End favorites! Group showings Thursday 5/20 & Friday 5/21 from 3-5pm. Showings through ShowingTime 10-2 on Saturday & Sunday. Please submit offers by 3 PM Monday.

Last Agent to Sell the Property

David Marsden

Marsden Real Estate Listed on: 05/19/2021

Last Buyer's Agent

Donna Saxby

O'Leary & Saxby Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,976

Year Built

  • Built in 1850

Lot Details

  • 3,049 Sq Ft Lot
  • Ocean Front
  • Fenced
  • Landscaped
  • Level Lot
  • Open Lot

Home Design

  • Greek Revival Architecture
  • Victorian Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 2,971 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Scenic Vista Views
  • Laundry on main level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub
  • Shower Only

Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Patio
  • Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / I
  • Assessor Parcel Number PTLD-000044-I000011-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $9,676
  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,976

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Gray Street between Winter & Brackett Street. 2 doors down from Ohno Cafe.
  • Above Grade Finished Sq Ft: 2971.0
  • Architectural Style: Greek-Revival, Victorian
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1850
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.07
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2971.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: 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
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 51600.0
  • Income Expenses Operating Expenses: 9676.0
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Building Info:_pound_ Fireplaces3: 1
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Roof:Membrane: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Construction:Masonry: Yes
  • Style:Greek-Revival: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: Bathtub, Pantry, Shower, Walk-In Closet(s), Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • View: Scenic
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Patio, Porch
  • Roof: Membrane, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • 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: 3049.2
  • Parcel #: PTLD-000044-I000011-000001
  • Zoning: R-6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 51600.0
  • Annual Operating Expense: 9676.0

Tax Info

  • Tax Annual Amount: 6975.5
  • Tax Block: I
  • Tax Book Number: 12197
  • Tax Lot: 11
  • Tax Map Number: 44
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 16, 2021
Sold by
Pitman Cordelia T
Bought by
Oleary Heather J and Cyr Peter C
Seller's Agent
David Marsden
Marsden Real Estate
Buyer's Agent
Donna Saxby
O'Leary & Saxby Real Estate, Inc.
List Price
$675,000
Sold Price
$800,000
Premium/Discount to List
$125,000
18.52%
Current Estimated Value
$1,086,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,166
Avg. Annual Appreciation
8.36%
Original Mortgage
$600,000
Outstanding Balance
$554,915
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$564,058
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
Oleary Heather J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary Heather J $600,000
Previous Owner Furber Winslow J $298,925
Previous Owner Pitman Cordelia T $20,000
Previous Owner Pitman Cordelia T $303,000
Previous Owner Furber Wenslow J $78,700
Previous Owner Furber Winslow J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $800,000 +18.5% $269 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $675,000 -- $227 / 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 $11,678 $778,000 $281,100 $496,900
2023 $11,211 $778,000 $281,100 $496,900
2022 $10,589 $778,000 $281,100 $496,900
2021 $10,106 $778,000 $281,100 $496,900
2020 $7,424 $318,500 $141,600 $176,900
2019 $7,424 $318,500 $141,600 $176,900
2018 $6,489 $318,500 $141,600 $176,900
2017 $6,896 $318,500 $141,600 $176,900
2016 $6,724 $318,500 $141,600 $176,900
2015 $6,571 $318,500 $141,600 $176,900
2014 $6,370 $318,500 $141,600 $176,900
Source: Public Records

Agents Affiliated with this Home

  • David Marsden

    Seller's Agent in 2021

    David Marsden

    Marsden Real Estate

    (207) 329-6997

    22 in this area

    182 Total Sales

    David Marsden
    Section Image

  • D

    Buyer's Agent in 2021

    Donna Saxby

    O'Leary & Saxby Real Estate, Inc.

See All Agents

Map

Source: Maine Listings

MLS Number: 1492283

Maine Listings

APN: PTLD-000044-000000-I011001

Maine Cumberland County Portland 04102 West End

70 Gray St, Portland, ME

This home is located at 70 Gray St, Portland, ME 04102 since 19 May 2021 and is currently estimated at $1,086,166, approximately $365 per square foot. This property was built in 1850. 70 Gray St is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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