NOT LISTED FOR SALE

71 Portland Rd Bridgton, ME 04009

Estimated Value: $324,000 - $492,000

-- Bed
4 Baths
3,100 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $285,000 $92 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,399/month

227 Days on Market

Highlights

  • Ski Resort
  • Public Beach
  • New Englander Architecture
  • Barn
  • Wood Flooring
  • No HOA

About This Home

As of April 2020

4 Unit Apartment Building in convenient Bridgton location. Many recent updates and will be transferred with recent Lead Paint Abatement.
One Three Bedroom unit, 1 Two Bedroom Unit, and Two One Bedroom unit.
Short Walk to Elementary School

Last Agent to Sell the Property

Steven Gourley

Heritage Real Estate Listed on: 01/23/2020

Last Buyer's Agent

Bennett Wade

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1900

Lot Details

  • 0.43 Acre Lot
  • Public Beach

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 4 Full Bathrooms
  • 3,100 Sq Ft Home
  • Screened Porch

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry

Location

  • Property is near a golf course
  • City Lot

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Private Sewer

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number BRGT-000027-000000-000032

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 25-Story Property

Recreation

  • Ski Resort

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,117

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Located on Portland Street almost opposite the Morning Glory Diner.
  • Above Grade Finished Sq Ft: 3100.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 85.48
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3100.0
  • Property Information:Garage: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 4
  • Exterior:Clapboard: Yes
  • Heat System:Multi-Zones: Yes
  • Location:Near Public Beach: Yes
  • Heat System:Steam: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • Location:Ski Resort: Yes
  • Style:New Englander: Yes
  • Building Info:_pound_ Floors3: 25
  • Patio and Porch Features:Porch-Screened: Yes
  • Other Structures Barn2: Yes
  • Advertising Remarks:Advertising Remarks: 4 Unit Apartment Building in convenient Bridgton location. Many recent updates and will be transferred with recent Lead Paint Abatement. One Three Bedroom unit, 1 Two Bedroom Unit, and Two One Bedroom unit. Short Walk to Elementary School
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial, Exterior Entry, Bulkhead, Unfinished
  • Full Bathrooms: 4
  • Flooring: Wood, Vinyl, Tile, Laminate
  • Stories: 25

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Ski Resort
  • Waterfront: No
  • Construction Type: Vinyl Siding, Clapboard, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Storage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Multi-Zones
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18730.8
  • Parcel #: BRGT-000027-000000-000032
  • Zoning: N/A

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3117.0
  • Tax Lot: 32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Apr 20, 2020
Sold by
Hill Bernadette M
Bought by
Spagnuolo Vincenzo
Seller's Agent
Steven Gourley
Heritage Real Estate
Buyer's Agent
Bennett Wade
Keller Williams Realty
List Price
$265,000
Sold Price
$285,000
Premium/Discount to List
$20,000
7.55%
Current Estimated Value
$398,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,809
Avg. Annual Appreciation
6.15%
Original Mortgage
$253,326
Outstanding Balance
$223,559
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$175,250

Purchase Details

Closed on
May 1, 2014
Sold by
Balram Paul M
Bought by
Reum Craig R and Reum Caitlin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,836
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spagnuolo Vincenzo -- None Available
Reum Craig R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spagnuolo Vincenzo $253,326
Previous Owner Reum Craig R $116,836
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2020 04/20/20 Sold $285,000 +7.5% $92 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
07/18/2019 07/18/19 For Sale $265,000 -- $85 / 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 $3,591 $210,598 $40,324 $170,274
2023 $3,622 $210,598 $40,324 $170,274
2022 $3,201 $210,598 $40,324 $170,274
2021 $3,117 $210,598 $40,324 $170,274
2020 $3,148 $210,598 $40,324 $170,274
2019 $3,159 $210,598 $40,324 $170,274
2018 $3,117 $210,598 $40,324 $170,274
2017 $3,222 $210,598 $40,324 $170,274
2016 $3,127 $210,598 $40,324 $170,274
2015 $2,513 $182,799 $46,405 $136,394
2014 $2,570 $182,799 $46,405 $136,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1425409

Maine Listings

APN: BRGT-000027-000000-000032