NOT LISTED FOR SALE

Estimated Value: $680,000 - $893,000

4 Beds
3 Baths
2,526 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $510,000 $202 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,212/month

16 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Nearby Water Access
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2019

Best of both worlds -- updated three-unit close to downtown with a large fenced yard and plenty of parking. Great rental history. Newer roof, exterior just painted, updated heating, electrical and renovated units make this an easy, low-maintenance income property. First-floor unit has grand living and dining rooms with a spacious kitchen and two bedrooms privately sited at the back of the building. The second floor consists of two one-bedroom units bathed with natural light. Two tenants currently in place, one unit just opened up. Perfect for owner-occupied or turnkey investor!

Next Group Showing - Tuesday 1/29 @ Noon - 1pm.

Last Listed By

David Marsden

Marsden Real Estate Listed on: 01/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 1900

Lot Details

  • 10,454 Sq Ft Lot
  • Ocean Front
  • Public Beach
  • Fenced
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

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

Outdoor Features

  • Nearby Water Access
  • Shed

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 20-21 / B
  • Assessor Parcel Number PTLD-000428-000000-B020001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Washington Ave., turn onto Presumpscot Street. First home on right.
  • Above Grade Finished Sq Ft: 2526.0
  • Architectural Style: Colonial, Multi-Level, New Englander
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.24
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2526.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Amenities:Laundry - Hookup: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Heater:Tank: Yes
  • Basement:Sump Pump: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Full, Sump Pump, Exterior Entry, Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Pantry, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • 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: 10454.4
  • Parcel #: PTLD-000428-000000-B020001
  • Zoning: R5

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5467.0
  • Tax Block: B
  • Tax Book Number: 21346
  • Tax Lot: 20-21
  • Tax Map Number: 428
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Brady Haley A
Bought by
Keith Stephanie E
Total Days on Market
16
Current Estimated Value
$807,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,600
Outstanding Balance
$483,587
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,746

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 8, 2019
Sold by
Smith Christopher M
Bought by
Brady Haley A
Seller's Agent
David Marsden
Marsden Real Estate
Buyer's Agent
Jean Murphy Richard Murphy
Coldwell Banker Realty
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$500,762
Interest Rate
4.4%
Mortgage Type
FHA

Range of Values:

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Average Value
Not Available
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
Keith Stephanie E -- None Available
Brady Haley A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keith Stephanie E $520,600
Previous Owner Brady Baley A $500,870
Previous Owner Brady Haley A $500,762
Previous Owner Smith Christopher M $25,000
Previous Owner Smith Christopher M $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2019 03/08/19 Sold $510,000 -1.7% $202 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $519,000 -- $205 / 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 $8,310 $553,600 $68,600 $485,000
2023 $7,977 $553,600 $68,600 $485,000
2022 $7,534 $553,600 $68,600 $485,000
2021 $7,191 $553,600 $68,600 $485,000
2020 $5,669 $243,200 $68,600 $174,600
2019 $5,669 $243,200 $68,600 $174,600
2018 $5,265 $243,200 $68,600 $174,600
2017 $5,265 $243,200 $68,600 $174,600
2016 $5,134 $243,200 $68,600 $174,600
2015 $5,017 $243,200 $68,600 $174,600
2014 $4,864 $243,200 $68,600 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1402119

Maine Listings

APN: PTLD-000428-000000-B020001