B
Seller's Agent in 2023
Brittney Barr
Landing Real Estate
(207) 576-4231
4 in this area
106 Total Sales
71 Sunset Ave South Portland, ME 04106
Highland NeighborhoodEstimated Value: $570,639 - $693,000
5
Beds
2
Baths
1,990
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- Public Beach
- Wood Flooring
- 1 Car Attached Garage
- Property is near public transit
- No HOA
- Patio
About This Home
As of August 2023Located in beautiful Thorton Heights, this 2-unit investment opportunity offers walkability to great restaurants and fun shopping! Not only is downtown Portland less than a 10-minute drive, but you are also conveniently close to the highway for an easy commute.
Unit one offers two spacious bedrooms with a lovely formal dining area. Unit 2 offers 3 bedrooms with gorgeous hardwood floors flowing into the living room. The home equips a 1 car attached garage along with ample parking space! Take advantage of this investment by living in one unit and renting out the other! The two separate heating systems make separating utilities easy.
With 23 windows replaced, a new paved driveway, and more updates to share, you'll have to see for yourself the abundance this property can bring to you!
Open houses:
Friday 6/16 4:30-6
Saturday 6/17 10-11:30
Sunday 6/18 2-4
Last Buyer's Agent
Jeffrey Walker
Coldwell Banker Residential Brokerage
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,049
Year Built
- Built in 1945
Lot Details
- 7,405 Sq Ft Lot
- Public Beach
- Landscaped
Parking
- 1 Car Attached Garage
- Common or Shared Parking
- Shared Driveway
- Off-Street Parking
Home Design
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2 Full Bathrooms
- 1,990 Sq Ft Home
- Multi-Level Property
- Walk-Out Basement
- Washer and Dryer Hookup
Flooring
- Wood
- Laminate
- Tile
Outdoor Features
- Patio
Location
- Property is near public transit
- Property is near a golf course
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Tax Lot 59
- Assessor Parcel Number SPOR-000053-000000-000059
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $11,736
- Gross Income $40,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2023
Closed on
Aug 15, 2023
Sold by
Cavanaugh Philip P and Cavanaugh Victoria
Bought by
Dowdy Jason G and Naujoks Marla K
Seller's Agent
Brittney Barr
Landing Real Estate
Buyer's Agent
Jeffrey Walker
Coldwell Banker Residential Brokerage
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,160
Avg. Annual Appreciation
3.70%
Original Mortgage
$400,000
Outstanding Balance
$392,813
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,302
Purchase Details
Closed on
Apr 2, 2018
Sold by
Bernier Nancy M and Bernier Donald A
Bought by
Cavanaugh Victoria and Cavanaugh Philip P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2006
Sold by
Legassie Elaine M and Bernier Nancy M
Bought by
Legassie Elaine M and Bernier Nancy M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dowdy Jason G | $580,000 | None Available | |
| Cavanaugh Victoria | -- | -- | |
| Legassie Elaine M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dowdy Jason G | $400,000 | |
| Previous Owner | Cavanaugh Victoria | $282,750 | |
| Previous Owner | Cavanaugh Victoria | $260,000 | |
| Previous Owner | Bernier Nancy M | $40,000 | |
| Previous Owner | Bernier Donald | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2023 08/15/23 | Sold | $580,000 | +10.5% | $291 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 06/14/2023 06/14/23 | For Sale | $525,000 | -- | $264 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $6,203 | $469,900 | $123,200 | $346,700 |
| 2023 | $4,200 | $297,000 | $73,600 | $223,400 |
| 2022 | $4,049 | $260,200 | $58,900 | $201,300 |
| 2021 | $3,825 | $260,200 | $58,900 | $201,300 |
| 2020 | $3,670 | $185,800 | $58,100 | $127,700 |
| 2019 | $3,442 | $185,800 | $58,100 | $127,700 |
| 2018 | $3,067 | $184,100 | $56,400 | $127,700 |
| 2017 | $2,522 | $184,100 | $56,400 | $127,700 |
| 2016 | $3,259 | $184,100 | $56,400 | $127,700 |
| 2015 | $3,203 | $184,100 | $56,400 | $127,700 |
| 2014 | $2,977 | $184,100 | $56,400 | $127,700 |
| 2013 | -- | $184,100 | $56,400 | $127,700 |
Source: Public Records
Agents Affiliated with this Home
-
Brittney Barr
-
J
Buyer's Agent in 2023
Jeffrey Walker
Coldwell Banker Residential Brokerage
Map
Source: Maine Listings
MLS Number: 1562122
APN: SPOR-000053-000000-000059
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.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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