NOT LISTED FOR SALE

874 Washington Ave Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $624,000 - $638,000

4 Beds
3 Baths
2,238 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $206,000 $92 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $3,952/month

36 Days on Market

Highlights

  • 0.53 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • No HOA
  • Hot Water Heating System
  • Carpet

About This Home

As of July 2014

Here it is! Great investment opportunity w/solid rental history. Home features oversized-deep lot and 2 floors of living space on second and third floors.Close to downtown and on busline. Come and see for yourself.

Last Agent to Sell the Property

Diane Mathieu

Bean Group Listed on: 04/01/2014

Last Buyer's Agent

Beverly Bailey

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1900

Lot Details

  • 0.53 Acre Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,238 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Vinyl

Basement

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

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / B
  • Assessor Parcel Number 874Washington AvenuePortland170B13

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,462

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.53
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Washington Ave to #874
  • Above Grade Finished Sq Ft: 2238.0
  • Architectural Style: Multi-Level
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.53
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2238.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 34200.0
  • Style:Multi-Level: Yes
  • Driveway:Gravel: Yes
  • Equipment:Cable: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 3
  • Flooring: Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 23086.8
  • Parcel #: 874Washington AvenuePortland170B13
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34200.0

Tax Info

  • Tax Annual Amount: 4462.0
  • Tax Block: B
  • Tax Book Number: 14225
  • Tax Lot: 13
  • Tax Map Number: 170
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jul 2, 2014
Sold by
Chork Reap and Chork Tann T
Bought by
Roak William J
Seller's Agent
Diane Mathieu
Bean Group
Buyer's Agent
Beverly Bailey
Bean Group
List Price
$218,000
Sold Price
$206,000
Premium/Discount to List
-$12,000
-5.5%
Current Estimated Value
$631,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,770
Avg. Annual Appreciation
10.10%
Original Mortgage
$202,268
Interest Rate
4.16%
Mortgage Type
FHA
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
Roak William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roak William J $59,000
Open Roak William J $200,500
Closed Roak William J $202,268
Previous Owner Chork Reap $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $206,000 -5.5% $92 / Sq Ft
05/11/2014 05/11/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $218,000 -- $97 / 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 $6,124 $408,000 $67,800 $340,200
2023 $5,879 $408,000 $67,800 $340,200
2022 $5,613 $412,400 $67,800 $344,600
2021 $5,357 $412,400 $67,800 $344,600
2020 $4,552 $229,900 $82,800 $147,100
2019 $5,359 $229,900 $82,800 $147,100
2018 $5,168 $229,900 $82,800 $147,100
2017 $4,977 $229,900 $82,800 $147,100
2016 $4,853 $229,900 $82,800 $147,100
2015 $4,743 $229,900 $82,800 $147,100
2014 $4,598 $229,900 $82,800 $147,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Diane Mathieu

    Bean Group

  • B

    Buyer's Agent in 2014

    Beverly Bailey

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1127879

Maine Listings

APN: PTLD-000170-000000-B013001

Maine Cumberland County Portland 04103 Back Cove

874 Washington Ave, Portland, ME

This home is located at 874 Washington Ave, Portland, ME 04103 since 01 April 2014 and is currently estimated at $631,770, approximately $282 per square foot. This property was built in 1900. 874 Washington Ave is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, St. Brigid School, and Levey Day School.

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