NOT LISTED FOR SALE

Estimated Value: $459,310 - $624,000

4 Beds
2 Baths
1,740 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $600,000 $345 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,525/month

8 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of June 2024

Classic 2 family in South Portland! Property features a 3-bedroom unit on the first floor with high ceilings currently rented for $2250/month. The second floor is a 2-bedrom unit that has recently been fixed up with some new flooring, new kitchen counter tops and fresh paint. This apartment is vacant for a new owner to live in or rent out. New Buderus gas boiler installed last year. Two new entry porches. Roof is only 7 years old. Two driveways - one for each apartment. Nice back yard space. Convenient location to bus line, Mill Creek, Greenbelt trail and downtown Portland. Bitcoin considered.

Last Agent to Sell the Property

Jeffrey Davis

Town & Shore Real Estate Listed on: 04/03/2024

Last Buyer's Agent

Ryan McKeown

Maine Community Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1920

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number SPOR-000025-000000-000097

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $15,387
  • Gross Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,443

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Broadway in South Portland to #883, on the north side of the street between Elm Street and N Kelsey Street
  • Above Grade Finished Sq Ft: 1740.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1740.0
  • 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:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 27000.0
  • Income Expenses Operating Expenses: 15387.0
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Water Heater:Heat Pump2: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: SPOR-000025-000000-000097
  • Zoning: LB

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27000.0
  • Annual Operating Expense: 15387.0

Tax Info

  • Tax Annual Amount: 4443.0
  • Tax Book Number: 38429
  • Tax Lot: 97
  • Tax Map Number: 25
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Papi James J and Papi Bernadette B
Bought by
Domus Ventura Llc
Current Estimated Value
$567,356

Purchase Details

Closed on
Apr 6, 2006
Sold by
Davison Jeffrey B
Bought by
Pereira Michael M and Palmer Nadine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,050
Interest Rate
6.26%
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
Domus Ventura Llc -- None Available
Pereira Michael M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 883 Broadway Llc $110,000
Open 883 Broadway Llc $370,000
Previous Owner Papi Bernadette B $575,000
Previous Owner Papi Bernadette B $200,000
Previous Owner Papi James J $92,625
Previous Owner Pereira Michael M $232,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $600,000 +3.6% $345 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $579,000 -- $333 / 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 $5,201 $394,000 $143,000 $251,000
2023 $4,443 $314,200 $94,400 $219,800
2022 $4,254 $273,400 $75,500 $197,900
2021 $4,019 $273,400 $75,500 $197,900
2020 $3,754 $190,100 $65,400 $124,700
2019 $3,467 $190,100 $65,400 $124,700
2018 $3,369 $185,900 $65,400 $120,500
2017 $3,346 $185,900 $65,400 $120,500
2016 $3,290 $185,900 $65,400 $120,500
2015 $3,235 $185,900 $65,400 $120,500
2014 $3,179 $185,900 $65,400 $120,500
2013 -- $185,900 $65,400 $120,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1585604

Maine Listings

APN: SPOR-000025-000000-000097