Seller's Agent in 2021
Tom Landry
Benchmark Real Estate
(207) 775-0248
42 in this area
330 Total Sales
85 Vesper St Portland, ME 04101
East End NeighborhoodEstimated Value: $1,223,000 - $1,702,000
9
Beds
3
Baths
4,356
Sq Ft
$344/Sq Ft
Est. Value
Highlights
- Ocean Front
- Public Beach
- Deck
- Nearby Water Access
- Country Club
- 3-minute walk to East End Playground
About This Home
As of August 2021Condo Quality & Condo Ready - 3 Unit in the heart of Portland's uber desirable East End. Buy and convert, buy and add to your portfolio or buy and owner occupy. This is the perfect alternative to buying a single family or condo. Each unit offers 1,400+ square feet, 2-3 bedrooms, 1 bath, lots and lots of updated and terrific period details, built-ins, high ceilings... Rear decks off each unit offer direct access to a peaceful easterly facing escape. The upper level is updated with a brand new high-end kitchen, updated bath and water view master bedroom. The roof-top awaits expansion and/or that sky-deck overlooking everything. Off street parking, ample storage, separate utilities, lots and lots of updates and turn of the century quality construction complete the package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,396
Year Built
- Built in 1880
Lot Details
- 3,049 Sq Ft Lot
- Ocean Front
- Property Fronts a Bay or Harbor
- Public Beach
- Landscaped
- Level Lot
- Open Lot
Home Design
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Membrane Roofing
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,356 Sq Ft Home
- 1-Story Property
- Water Views
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Nearby Water Access
- Deck
- Shed
- Porch
Location
- Property is near public transit
- Property is near a golf course
- City Lot
Utilities
- No Cooling
- Radiator
- Heating System Uses Oil
- Radiant Heating System
Listing and Financial Details
- Legal Lot and Block 13 / D
- Assessor Parcel Number PTLD-000003-D000013-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
- Munjoy Hill Neighborhood Conservation Subdivision
Amenities
- Coin Laundry
- Community Storage Space
Recreation
- Country Club
Building Details
- Operating Expense $11,567
- Gross Income $90,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2021
Closed on
Aug 17, 2021
Sold by
Cummings Nancy A and Masterman Drew D
Bought by
Soltanakis Emmanuel N and Brock Julia
Seller's Agent
Tom Landry
Benchmark Real Estate
Buyer's Agent
Alexander Kappelman
RE/MAX Shoreline
List Price
$1,495,000
Sold Price
$1,330,000
Premium/Discount to List
-$165,000
-11.04%
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
$169,541
Avg. Annual Appreciation
4.88%
Original Mortgage
$922,802
Outstanding Balance
$848,113
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$748,935
Purchase Details
Listed on
Jul 25, 2014
Closed on
Sep 23, 2014
Sold by
Fink Ethan K and Fink Michele
Bought by
Cumming Nancy A and Masterman Drew D
Seller's Agent
Jay Sparrow
Allied Real Estate
Buyer's Agent
Colleen Bedard
Townsend Real Estate
List Price
$499,000
Sold Price
$502,000
Premium/Discount to List
$3,000
0.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%
Original Mortgage
$451,800
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Soltanakis Emmanuel N | -- | None Available | |
| Cumming Nancy A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Soltanakis Emmanuel N | $922,802 | |
| Previous Owner | Masterman Drew D | $499,000 | |
| Previous Owner | Masterman Drew D | $40,000 | |
| Previous Owner | Cumming Nancy A | $451,800 | |
| Previous Owner | Fink Ethan K | $280,000 | |
| Previous Owner | Fink Ethan K | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2021 08/17/21 | Sold | $1,330,000 | -11.0% | $305 / Sq Ft |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- |
| 04/29/2021 04/29/21 | For Sale | $1,495,000 | +197.8% | $343 / Sq Ft |
| 09/19/2014 09/19/14 | Sold | $502,000 | +0.6% | $115 / Sq Ft |
| 07/30/2014 07/30/14 | Pending | -- | -- | -- |
| 07/25/2014 07/25/14 | For Sale | $499,000 | -- | $115 / 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 | $14,681 | $978,100 | $385,000 | $593,100 |
| 2023 | $14,094 | $978,100 | $385,000 | $593,100 |
| 2022 | $13,312 | $978,100 | $385,000 | $593,100 |
| 2021 | $12,706 | $978,100 | $385,000 | $593,100 |
| 2020 | $9,396 | $403,100 | $156,700 | $246,400 |
| 2019 | $8,883 | $381,100 | $156,700 | $224,400 |
| 2018 | $8,567 | $381,100 | $156,700 | $224,400 |
| 2017 | $8,251 | $381,100 | $156,700 | $224,400 |
| 2016 | $8,045 | $381,100 | $156,700 | $224,400 |
| 2015 | $7,862 | $381,100 | $156,700 | $224,400 |
| 2014 | $7,622 | $381,100 | $156,700 | $224,400 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Landry
-
Alexander Kappelman
Buyer's Agent in 2021
Alexander Kappelman
RE/MAX
(207) 317-6910
3 in this area
73 Total Sales
-
Jay Sparrow
Seller's Agent in 2014
Jay Sparrow
Allied Real Estate
(207) 756-5779
28 Total Sales
-
C
Buyer's Agent in 2014
Colleen Bedard
Townsend Real Estate
(207) 233-7273
8 in this area
72 Total Sales
Map
Source: Maine Listings
MLS Number: 1489581
APN: PTLD-000003-000000-D013001
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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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