NOT LISTED FOR SALE

727 Congress St Unit 1 Portland, ME 04102

Parkside Neighborhood

Estimated Value: $433,000 - $477,000

1 Bed
1.5 Baths
874 Sq Ft
$380/mo HOA Fee

Last Sold September 14, 2020

Last sale price $240,000 $275 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,160/month

23 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • Main Floor Bedroom
  • 0.21 Acre Lot
  • Wood Flooring
  • 5-minute walk to Deering Oaks Park

About This Home

As of September 2020

.
Features period amenities such as crown mouldings, exposed brick, high ceilings,,custom kitchen,, hardwood floors, One parking space, pet friendly, washer/dryer in unit. Friendly condo association. Walking distance to many attractions in the Historic West End including Portland Museum of Art, Deering Oaks Park,,
popular restaurants and Maine Medical Center.
Investors take notice condo is furnished..

Last Agent to Sell the Property

Robert Libby

HomeSmart Listed on: 07/16/2020

Last Buyer's Agent

Michelle Ramirez

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1900

Lot Details

  • 9,148

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Masonry

Interior Spaces

  • 874 Sq Ft Home
  • Furnished
  • Wood Flooring
  • Walk-Out Basement
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System

Additional Features

  • Doors are 32 inches wide or more
  • Landscaped

Community Details

  • 8 Units
  • The community has rules related to deed restrictions

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 25 / C
  • Assessor Parcel Number PTLD-000047-000000-C025001

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,828

Year Built

Built in 1900

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • MLS Status: Closed
  • Directions: Located at the corner of Mellen and Congress Streets.
  • Above Grade Finished Sq Ft: 874.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 286.04
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 874.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: 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
  • Location Information:Association Fee: 380.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 8
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Heat System:Multi-Zones: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Property Information:Deed Restrictions: Yes
  • Amenities:Furniture Included: Yes
  • Exterior:Brick: Yes
  • Foundation Materials:Granite2: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Transportation:Public Transport Access: Yes
  • Condominium:_pound_ of Buildings: 1
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Features period amenities such as crown mouldings, exposed brick, high ceilings,,custom kitchen,, hardwood floors, One parking space, pet friendly, washer/dryer in unit. Friendly condo association. Walking distance to many attractions in the Historic West End including Portland Museum of Art, Deering Oaks Park,, popular restaurants and Maine Medical Center. Condo furnished, investors take notice.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Walk-Out Access
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Furniture Included, 1st Floor Primary Bedroom w/Bath, Bathtub

Exterior Features

  • Lot Features: Landscaped, Historic District, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Brick, Masonry, Wood Frame
  • Foundation Details: Granite
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 380.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Portland Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: PTLD-000047-000000-C025001
  • Zoning: B2b

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 4828.0
  • Tax Block: C
  • Tax Lot: 25
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 8, 2020
Sold by
Libby Douglas C
Bought by
Meyer Kathleen
Seller's Agent
Robert Libby
HomeSmart
Buyer's Agent
Michelle Ramirez
Keller Williams Realty
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$452,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,763
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Congress Place W Llc
Bought by
Libby Douglas C

Purchase Details

Closed on
Sep 12, 2012
Sold by
Congress Place W Llc
Bought by
Waldron John

Purchase Details

Closed on
Jun 4, 2010
Sold by
Gsb Corp
Bought by
Seaside Partners Llc

Purchase Details

Closed on
Apr 20, 2010
Sold by
Gorham Savings Bank
Bought by
Gsb Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meyer Kathleen -- None Available
Libby Douglas C -- --
Waldron John -- --
Seaside Partners Llc -- --
Gsb Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gsb Corp $920,000
Previous Owner Gsb Corp $302,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $240,000 -4.0% $275 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $250,000 -- $286 / 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 $4,784 $318,700 $63,740 $254,960
2023 $4,592 $318,700 $63,740 $254,960
2022 $4,338 $318,700 $63,740 $254,960
2021 $4,140 $318,700 $63,740 $254,960
2020 $4,828 $207,100 $41,400 $165,700
2019 $4,828 $207,100 $41,400 $165,700
2018 $4,101 $207,100 $41,400 $165,700
2017 $4,484 $207,100 $41,400 $165,700
2016 $4,372 $207,100 $41,400 $165,700
2015 $4,272 $207,100 $41,400 $165,700
2014 -- $207,100 $41,400 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1460716

Maine Listings

APN: PTLD-000047-000000-C025001