Seller's Agent in 2022
Brit Vitalius
Vitalius Real Estate Group, LLC
(207) 318-2555
5 in this area
176 Total Sales
9 Cherry St Portland, ME 04102
Libbytown NeighborhoodEstimated Value: $700,000 - $842,000
4
Beds
4
Baths
2,285
Sq Ft
$337/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Attic
- Cooling Available
- Wood Flooring
- No HOA
- 1-Story Property
About This Home
As of May 2022A turnkey two-family extensively renovated into condo-quality apartments, 9 Cherry street is tucked into the Libbytown neighborhood with a private backyard and surrounded by one way streets, giving you a sense of privacy while being equal distance to both Thompson's Point and the Downtown districts. Both units are 2 BR, 2 BA, everything is new and never lived in! New kitchens, laundry, windows; heat pumps for heating and cooling, ample parking, plus a great attic space for future expansion! A fantastic opportunity to live in one of Portland's last attainable neighborhoods as the surrounding area continues to prosper and contribute to Portland's vibrant and dynamic feel.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,004
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Level Lot
- Sprinkler System
Home Design
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,285 Sq Ft Home
- 1-Story Property
- Wood Flooring
- Fire Sprinkler System
- Washer and Dryer Hookup
- Attic
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Common or Shared Parking
- Shared Driveway
Location
- Property is near public transit
- City Lot
Utilities
- Cooling Available
- Heat Pump System
- Radiant Heating System
- Natural Gas Not Available
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Legal Lot and Block 5 / A
- Assessor Parcel Number PTLD-000065-A000005-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2022
Closed on
May 27, 2022
Sold by
Herman Zara
Bought by
9 Cherryn Lane Llc
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Alexander Kappelman
RE/MAX Shoreline
List Price
$629,000
Sold Price
$750,000
Premium/Discount to List
$121,000
19.24%
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
$6,228
Avg. Annual Appreciation
-0.63%
Original Mortgage
$350,000
Outstanding Balance
$336,682
Interest Rate
5.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$398,334
Purchase Details
Closed on
Sep 4, 2018
Sold by
Morgan Wilma L Est
Bought by
Whelan Lars
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 |
|---|---|---|---|
| 9 Cherryn Lane Llc | $750,000 | None Available | |
| Whelan Lars | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 9Cherry Lane Llc | $350,000 | |
| Previous Owner | Hermann Zarra | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $750,000 | +19.2% | $328 / Sq Ft |
| 05/11/2022 05/11/22 | Pending | -- | -- | -- |
| 05/06/2022 05/06/22 | For Sale | $629,000 | +231.9% | $275 / Sq Ft |
| 06/28/2019 06/28/19 | Sold | $189,500 | 0.0% | $83 / Sq Ft |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- |
| 06/14/2019 06/14/19 | For Sale | $189,500 | -- | $83 / 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 | $7,969 | $530,900 | $140,800 | $390,100 |
| 2023 | $7,650 | $530,900 | $140,800 | $390,100 |
| 2022 | $6,390 | $469,500 | $140,800 | $328,700 |
| 2021 | $5,004 | $385,200 | $140,800 | $244,400 |
| 2020 | $4,601 | $197,400 | $67,500 | $129,900 |
| 2019 | $4,601 | $197,400 | $67,500 | $129,900 |
| 2018 | $3,745 | $197,400 | $67,500 | $129,900 |
| 2017 | $4,274 | $197,400 | $67,500 | $129,900 |
| 2016 | $4,167 | $197,400 | $67,500 | $129,900 |
| 2015 | $4,072 | $197,400 | $67,500 | $129,900 |
| 2014 | $3,948 | $197,400 | $67,500 | $129,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
7 in this area
131 Total Sales
-
Buyer's Agent in 2022
Alexander Kappelman
RE/MAX
(207) 317-6910
1 in this area
73 Total Sales
-
Buyer Co-Listing Agent in 2022
Jeremy Bennett
RE/MAX
1 in this area
71 Total Sales
-
B
Seller's Agent in 2019
Bill Corrigall
North Point Realty LLC
59 Total Sales
Map
Source: Maine Listings
MLS Number: 1527285
APN: PTLD-000065-000000-A005001
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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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