NOT LISTED FOR SALE

Estimated Value: $583,000 - $694,623

4 Beds
2 Baths
1,978 Sq Ft
$330/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $616,000 $311 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,090/month

7 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Landscaped
  • No HOA
  • Zoned Heating
  • Baseboard Heating

About This Home

As of July 2023

This Fabulous Well Maintained East Deering 2-Family Home works for investors and owner occupiers alike. Both units have convenient layouts with tile surround showers, dishwashers, plenty of parking, separate laundry and mudroom areas, and more! The owners have completed many upgrades including the refurbished 2-car garage, the new Buderus natural gas boiler, rubber membrane roof, remodeled first floor kitchen and bath, the fenced in sun drenched yard and so much more! From this location it's a short walk to Payson Park, Back Cove and East Bayside amenities. ===> Showings at Open Houses Only - Sunday, June 11th from 12-2pm; And Monday, June 12th from 12-2pm.

Last Agent to Sell the Property

Shawn Boulet

Portside Real Estate Group Listed on: 06/06/2023

Last Buyer's Agent

Jordan Stolt

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,978 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry
  • Sump Pump

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / F
  • Assessor Parcel Number 91IllsleyStreetPortland04103

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $10,500
  • Gross Income $37,284

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,906

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1978.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1978.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: 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
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 37284.0
  • Income Expenses Operating Expenses: 10500.0
  • Style:Multi-Level: Yes
  • Property Information:Short Sale Continue to Show: No
  • Driveway:Gravel: Yes
  • Basement:Sump Pump: Yes
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Sump Pump, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Landscaped, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Paved, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 4791.6
  • Parcel #: 91IllsleyStreetPortland04103
  • Zoning: RS

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37284.0
  • Annual Operating Expense: 10500.0

Tax Info

  • Tax Annual Amount: 4906.0
  • Tax Block: F
  • Tax Book Number: 27827
  • Tax Lot: 2
  • Tax Map Number: 167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 25, 2023
Sold by
Reaves Jon A and Reaves Ingrid E
Bought by
Adams Tucker and Walsh Kathryn
Seller's Agent
Shawn Boulet
Portside Real Estate Group
Buyer's Agent
Jordan Stolt
Portside Real Estate Group
List Price
$550,000
Sold Price
$616,000
Premium/Discount to List
$66,000
12%
Current Estimated Value
$652,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,906
Avg. Annual Appreciation
5.64%
Original Mortgage
$585,200
Outstanding Balance
$574,405
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$116,442
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
Adams Tucker $616,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Tucker $585,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $616,000 +12.0% $311 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $550,000 -- $278 / 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 $6,378 $424,900 $65,500 $359,400
2023 $5,555 $385,500 $65,500 $320,000
2022 $5,247 $385,500 $65,500 $320,000
2021 $5,008 $385,500 $65,500 $320,000
2020 $4,902 $210,300 $65,500 $144,800
2019 $4,902 $210,300 $65,500 $144,800
2018 $4,728 $210,300 $65,500 $144,800
2017 $4,553 $210,300 $65,500 $144,800
2016 $4,439 $210,300 $65,500 $144,800
2015 $4,338 $210,300 $65,500 $144,800
2014 $4,206 $210,300 $65,500 $144,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1561316

Maine Listings

APN: PTLD-000167-000000-F002001