NOT LISTED FOR SALE

954 Forest Ave Portland, ME 04103

North Deering Neighborhood

Estimated Value: $799,842

6 Beds
3 Baths
3,724 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $335,000 $90 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $4,853/month

101 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Hot Water Heating System
  • Wood Flooring
  • Forced Air Zoned Heating System
  • Coin Laundry

About This Home

As of January 2015

Motivated Seller says bring an offer. Solid 3 unit property with light, bright, spacious units; stable tenants, rents below market; RP zoning provides flexibility of use. Convenient location, plenty of parking and public transportation nearby.

Last Agent to Sell the Property

John Murton

Keller Williams Realty Listed on: 08/01/2014

Last Buyer's Agent

Debrah Yale

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,986

Year Built

  • Built in 1907

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Home Design

  • 3,724 Sq Ft Home
  • Brick Foundation
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

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

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Additional Features

  • 3 Full Bathrooms
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 954Forest AvenuePortland142A1

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $19,346
  • Gross Income $33,746

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,986

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Forest Ave, near Walton
  • Above Grade Finished Sq Ft: 3724.0
  • Architectural Style: Other Style
  • Year Built: 1907
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3724.0
  • Site:Level: Yes
  • Site:Open: 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
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 33746.0
  • Income Expenses Operating Expenses: 19346.0
  • Parking:On Site2: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Equipment:Internet Access Available: Yes
  • Equipment:Cable: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Laundry - Coin: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Roof: Composition, Pitched, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, 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: 5662.8
  • Parcel #: 954Forest AvenuePortland142A1
  • Zoning: RP

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33746.0
  • Annual Operating Expense: 19346.0

Tax Info

  • Tax Annual Amount: 5986.0
  • Tax Block: A
  • Tax Book Number: 20829
  • Tax Lot: 1
  • Tax Map Number: 142
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Jan 28, 2015
Sold by
Stanford Daniel B and Schoepke Shana M
Bought by
Nguyen Kevin
Seller's Agent
John Murton
Keller Williams Realty
Buyer's Agent
Debrah Yale
Portside Real Estate Group
List Price
$364,900
Sold Price
$335,000
Premium/Discount to List
-$29,900
-8.19%
Current Estimated Value
$799,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,842
Avg. Annual Appreciation
8.48%
Original Mortgage
$251,250
Outstanding Balance
$192,793
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$607,049
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
Nguyen Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Kevin $251,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2015 01/26/15 Sold $335,000 -8.2% $90 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $364,900 -- $98 / 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 $7,499 $499,600 $53,900 $445,700
2023 $7,199 $499,600 $53,900 $445,700
2022 $6,800 $499,600 $53,900 $445,700
2021 $6,490 $499,600 $53,900 $445,700
2020 $6,977 $299,300 $59,900 $239,400
2019 $6,977 $299,300 $59,900 $239,400
2018 $6,728 $299,300 $59,900 $239,400
2017 $6,480 $299,300 $59,900 $239,400
2016 $6,318 $299,300 $59,900 $239,400
2015 $6,175 $299,300 $59,900 $239,400
2014 $5,986 $299,300 $59,900 $239,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Murton

    Keller Williams Realty

  • D

    Buyer's Agent in 2015

    Debrah Yale

    Portside Real Estate Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1148179

Maine Listings

APN: PTLD-000142-000000-A001001

Maine Cumberland County Portland 04103 North Deering

954 Forest Ave, Portland, ME

This home is located at 954 Forest Ave, Portland, ME 04103 since 01 August 2014 and is currently priced at $799,842, approximately $214 per square foot. This property was built in 1907. 954 Forest Ave is a home located in Cumberland County with nearby schools including Gerald E. Talbot Community School, Lyman Moore Middle School, and St. Brigid School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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