NOT LISTED FOR SALE

Estimated Value: $609,612 - $857,000

6 Beds
3 Baths
3,719 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $589,000 $158 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,709/month

37 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • No HOA
  • Property is near public transit
  • New Englander Architecture
  • Forced Air Heating System

About This Home

As of February 2022

What a location! Set in the middle of Allen Avenue with public transportation nearby and close to everything Portland has to offer, this large two unit has potential for a third unit or business run out of the barn. Due diligence is that of the buyer. The barn was used as a business and has a set up for three offices/bedrooms and a large living room/ conference space. Inside, the three bedroom first floor unit have oversized rooms and a newly remodeled large bathroom. Laundry room and front porch are an added bonus! The second floor has five bedrooms and an oversized living room and a kitchen with laundry room off the back hallway. Wow! five bedrooms, two bathrooms and a large layout make this second floor an excellent rental! Long term tenants (month to month) are in place, a natural gas boiler hangs in the basement, a sprinkler system, hardwood flooring, large parking lot to fit 4-6 vehicles and a large grassy back yard.

Last Agent to Sell the Property

Michelle Libby

Century 21 North East Listed on: 12/31/2021

Century 21 North East

Last Buyer's Agent

Emilie Cole

Legacy Properties Sotheby's International Realty

Legacy Properties Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 3 Full Bathrooms
  • 3,719 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Location

  • Property is near public transit
  • City Lot

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number PTLD-000435-A000051-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,300
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,639

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • MLS Status: Closed
  • Directions: 79 Allen Avenue, to the left of Woodlawn Avenue.
  • Above Grade Finished Sq Ft: 3719.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3719.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 62400.0
  • Income Expenses Operating Expenses: 7300.0
  • Exterior:Asbestos: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures Barn2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Shopping, Near Public Transit
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: PTLD-000435-A000051-000001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 62400.0
  • Annual Operating Expense: 7300.0

Tax Info

  • Tax Annual Amount: 6639.0
  • Tax Book Number: 35347
  • Tax Lot: 51
  • Tax Map Number: 435
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 18, 2022
Sold by
Bk Properties Llc
Bought by
Smith Darcy P
Seller's Agent
Michelle Libby
Century 21 North East
Buyer's Agent
Emilie Cole
Legacy Properties Sotheby's International Realty
List Price
$589,000
Sold Price
$589,000
Current Estimated Value
$740,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,903
Avg. Annual Appreciation
8.01%
Original Mortgage
$412,300
Outstanding Balance
$387,189
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,431

Purchase Details

Listed on
Sep 25, 2018
Closed on
Dec 10, 2018
Sold by
Est Thayer James E
Bought by
Bk Properties Llc
Seller's Agent
Jason Bisson
The Atlantic Real Estate Network
Buyer's Agent
Ashraf Eldeknawey
Century 21 North East
List Price
$279,900
Sold Price
$210,000
Premium/Discount to List
-$69,900
-24.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.17%
Original Mortgage
$218,000
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Smith Darcy P $589,000 None Available
Bk Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Darcy P $412,300
Previous Owner Bk Properties Llc $218,000
Previous Owner Thayer James E $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $589,000 0.0% $158 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $589,000 +180.5% $158 / Sq Ft
12/10/2018 12/10/18 Sold $210,000 -25.0% $56 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $279,900 -- $75 / 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 $7,403 $493,200 $55,900 $437,300
2023 $7,107 $493,200 $55,900 $437,300
2022 $6,712 $493,200 $55,900 $437,300
2021 $6,407 $493,200 $55,900 $437,300
2020 $6,639 $284,800 $65,800 $219,000
2019 $6,639 $284,800 $65,800 $219,000
2018 $6,138 $284,800 $65,800 $219,000
2017 $6,166 $284,800 $65,800 $219,000
2016 $6,012 $284,800 $65,800 $219,000
2015 $5,875 $284,800 $65,800 $219,000
2014 $5,696 $284,800 $65,800 $219,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1515891

Maine Listings

APN: PTLD-000435-000000-A051001