NOT LISTED FOR SALE

78 Mellen St Unit 8 Portland, ME 04101

Parkside Neighborhood

Estimated Value: $327,000 - $399,000

2 Beds
1 Bath
1,117 Sq Ft
$405/mo HOA Fee

Last Sold October 17, 2018

Last sale price $245,000 $219 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,634/month

19 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Radiator
  • Granite Countertops
  • Level Lot
  • 1-minute walk to Deering Oaks Park

About This Home

As of October 2018

This spacious move-in ready condo perfectly blends period details with finishes the modern buyer wants. And being perched on the top floor, you've got lots of unobstructed windows that bathe the expansive living room in natural light! The idea of being able to walk to the Farmer's Market in Deering Oaks sound appealing? It literally couldn't be more convenient as you're only a hop, skip, and a jump away from the park and have views of it from your living room window. You've also got countless entertainment options in the West End and Arts District just a few blocks away. Uber will be a thing of the past with this ideally located home! And if the above wasn't reason enough, you also have shared outdoor space that allows for enjoying these beautiful Maine summers. This home provides a fantastic opportunity to participate in Portland's urban renaissance!

Last Agent to Sell the Property

Jeremy Lock

Portside Real Estate Group Listed on: 08/31/2018

Last Buyer's Agent

Erin Oldham

Benchmark Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1890

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • No Driveway

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Masonry

Interior Spaces

  • 1,117 Sq Ft Home
  • Multi-Level Property
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Location

  • City Lot

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Community Details

  • 8 Units
  • Oakview Condo Association Subdivision

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 12 / C
  • Assessor Parcel Number PTLD-000048-C000012-M000008

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,293

Year Built

Built in 1890

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Oakview Condo Association
  • Directions: Corner of Mellen and Grant
  • Above Grade Finished Sq Ft: 1117.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1117.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Appliances Included:Dishwasher: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 405.0
  • 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
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Driveway:No Driveway: Yes
  • Appliances Included:Gas Range: Yes
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Roof:Membrane: Yes
  • Condominium:Total Units4: 16
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Membrane

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 405.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000048-C000012-M000008
  • Zoning: R6

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 2293.0
  • Tax Block: C
  • Tax Book Number: 33321
  • Tax Lot: 12
  • Tax Map Number: 48
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 17, 2018
Sold by
Lory Jacob H
Bought by
Namara Sophia L and Namara Lisbeth
Seller's Agent
Jeremy Lock
Portside Real Estate Group
Buyer's Agent
Erin Oldham
Benchmark Real Estate
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%
Current Estimated Value
$359,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,923
Avg. Annual Appreciation
5.66%
Original Mortgage
$183,750
Outstanding Balance
$160,241
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$199,682

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 1, 2016
Sold by
Ammentorp Holly and Ammentorp Stig
Bought by
Lory Jacob H
Seller's Agent
Patrick Donahue
Great Atlantic Realty Group
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$205,000
Sold Price
$209,000
Premium/Discount to List
$4,000
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$188,100
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Namara Sophia L -- --
Lory Jacob H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Namara Sophia L $183,750
Previous Owner Lory Jacob H $188,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $245,000 -1.6% $219 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $249,000 +19.1% $223 / Sq Ft
07/29/2016 07/29/16 Sold $209,000 +2.0% $187 / Sq Ft View Prior Sale
06/25/2016 06/25/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $205,000 -- $184 / 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 $3,846 $256,200 $51,240 $204,960
2023 $3,692 $256,200 $51,240 $204,960
2022 $3,487 $256,200 $51,240 $204,960
2021 $3,328 $256,200 $51,240 $204,960
2020 $2,469 $105,900 $21,200 $84,700
2019 $2,469 $105,900 $21,200 $84,700
2018 $2,293 $105,900 $21,200 $84,700
2017 $2,293 $105,900 $21,200 $84,700
2016 $2,236 $105,900 $21,200 $84,700
2015 $2,185 $105,900 $21,200 $84,700
2014 $2,118 $105,900 $21,200 $84,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jeremy Lock

    Portside Real Estate Group

  • E

    Buyer's Agent in 2018

    Erin Oldham

    Benchmark Real Estate

  • Patrick Donahue

    Seller's Agent in 2016

    Patrick Donahue

    Great Atlantic Realty Group

    (207) 329-7544

    30 Total Sales

    Patrick Donahue
    Section Image
  • Jeffrey Mateja

    Buyer's Agent in 2016

    Jeffrey Mateja

    Keller Williams Realty

    (207) 879-9800

    2 in this area

    894 Total Sales

    Jeffrey Mateja
    Section Image
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Map

Source: Maine Listings

MLS Number: 1366639

Maine Listings

APN: PTLD-000048-C000012-M000008

Maine Cumberland County Portland 04101 Parkside

78 Mellen St Unit 8, Portland, ME

This home is located at 78 Mellen St Unit 8, Portland, ME 04101 since 31 August 2018 and is currently estimated at $359,923, approximately $322 per square foot. This property was built in 1890. 78 Mellen St Unit 8 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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