NOT LISTED FOR SALE

99 Federal St Unit 505 Portland, ME 04101

East Bayside Neighborhood

Estimated Value: $596,000 - $695,000

1 Bed
1 Bath
715 Sq Ft
$329/mo HOA Fee

Last Sold October 27, 2023

Last sale price $590,000 $825 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,403/month

107 Days on Market

Highlights

  • Contemporary Architecture
  • 1 Fireplace
  • Subterranean Parking
  • Wood Flooring
  • 1 Car Direct Access Garage
  • 4-minute walk to Lincoln Park

About This Home

As of October 2023

Welcome to 99 Federal St. #505, a stunning one-bedroom, one-bathroom condo located in the heart of Portland, Maine's vibrant Old Port. This new building offers modern luxury combined with the charm of a historic neighborhood.

Upon entering the unit, you'll immediately notice the high ceilings and impeccable attention to detail. The open floor plan creates a spacious and inviting atmosphere, perfect for entertaining guests or enjoying a quiet evening at home.

The kitchen is a true chef's delight, featuring sleek quartz countertops, stainless steel appliances, and ample cabinet space. Prepare your favorite meals with ease while enjoying the contemporary design and functionality of this well-appointed kitchen.

The bedroom offers a peaceful retreat with tall windows that flood the room with natural light. Customized blinds provide privacy when needed, and the hardwood floors add warmth and elegance to the space.

The bathroom is a true oasis, boasting ceramic tile floors, a glass shower door, and a beautifully tiled shower. You'll feel pampered and rejuvenated in this luxurious bathroom setting.

Other desirable features of this unit include a gas fireplace, perfect for cozying up during the cooler months, and a convenient in-unit washer and dryer. No more trips to the laundromat!

Residents of 99 Federal St. #505 also have access to a shared deck, ideal for enjoying the picturesque views of the Old Port. Whether you want to relax with a cup of coffee or host a small gathering, this outdoor space is sure to impress.

Parking will never be an issue with the included garage parking spot. Say goodbye to street parking hassles and enjoy the convenience and security of having your own dedicated space. Additionally, a storage unit is available for your belongings, providing extra space and organization options.

The building is equipped with an elevator for easy access to all floors, ensuring that you can move effortlessly throughout the building.

Last Agent to Sell the Property

Tyson Wilkins

Waypoint Brokers Collective Brokerage Email: tyson@waypointbrokers.com Listed on: 06/22/2023

Last Buyer's Agent

Edith Fontai Maureen Zemrak

Locations Real Estate Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 2020

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • Reserved Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Metal Siding

Interior Spaces

  • 715 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Power Generator
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Air Exchanger
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 13 / C
  • Assessor Parcel Number PTLD-000028-C000013-000505

Community Details

Overview

  • 29 Units
  • High-Rise Condominium

Amenities

  • Community Storage Space

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,353

Year Built

Built in 2020

Lot Details

0

HOA Fees

$329 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 715.0
  • Architectural Style: Contemporary, High Rise
  • Garage Yn: Yes
  • Year Built: 2020
  • Attribution Contact: tyson@waypointbrokers.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 715.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 328.83
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 29
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Basement:Slab2: Yes
  • Equipment:Internet Access Available: Yes
  • Appliances Included:Gas Range: Yes
  • Equipment:Cable: Yes
  • Equipment:Generator: Yes
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Exterior:Metal Clad: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Under: Yes
  • Parking:On Street: Yes
  • Amenities:Elevator Passenger: Yes
  • Roof:Flat: Yes
  • Style:High Rise: Yes
  • Green Features:Air Exchanger: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Elevator/Chair Lift, Level Entry
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator Passenger, One-Floor Living, Shower, Storage
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Metal Clad, Brick, Steel Frame
  • Foundation Details: Slab
  • Roof: Flat, Membrane

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance, Off Street, Underground, On Street

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Other, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 328.83
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets

Lot Info

  • Land Lease: No
  • Parcel #: PTLD-000028-C000013-000505
  • Zoning: ISFBC

Multi Family

  • Number Of Units In Community: 29

Tax Info

  • Tax Annual Amount: 6353.0
  • Tax Block: C
  • Tax Book Number: 38807
  • Tax Lot: 13
  • Tax Map Number: 28
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Sheth Nilesh M and Sheth Sonya N
Bought by
Sns Llc
Current Estimated Value
$637,386

Purchase Details

Listed on
May 1, 2021
Closed on
Apr 30, 2021
Sold by
Verdante Condominium Llc
Bought by
Sheth Nilesh M and Sheth Sonya N
Seller's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
Buyer's Agent
Benjamin Schulz
Keller Williams Realty
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$392,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

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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
Sns Llc -- None Available
Sns Llc -- None Available
Sheth Nilesh M -- None Available
Sheth Nilesh M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheth Nilesh M $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $590,000 -0.8% $825 / Sq Ft
10/07/2023 10/07/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $595,000 +21.4% $832 / Sq Ft
05/01/2021 05/01/21 For Sale $490,000 0.0% $685 / Sq Ft
04/30/2021 04/30/21 Sold $490,000 -- $685 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
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 $7,007 $466,800 $93,360 $373,440
2023 $6,727 $466,800 $93,360 $373,440
2022 $6,353 $466,800 $93,360 $373,440
2021 $6,064 $466,800 $93,360 $373,440
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tyson Wilkins

    Waypoint Brokers Collective

    (207) 252-4226

    5 in this area

    76 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    Edith Fontai Maureen Zemrak

    Locations Real Estate Group LLC

    (207) 749-8963

    1 in this area

    135 Total Sales

    Section Image
  • Elise Loschiavo

    Seller's Agent in 2021

    Elise Loschiavo

    Vitalius Real Estate Group, LLC

    (617) 270-3593

    59 in this area

    237 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Benjamin Schulz

    Keller Williams Realty

  • D

    Buyer's Agent in 2021

    David Marsden

    Bean Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1563007

Maine Listings

APN: PTLD M:028 B:C013505

Maine Cumberland County Portland 04101 East Bayside

99 Federal St Unit 505, Portland, ME

This home is located at 99 Federal St Unit 505, Portland, ME 04101 since 22 June 2023 and is currently estimated at $631,750, approximately $883 per square foot. This property was built in 2020. 99 Federal St Unit 505 is a home located in Cumberland County with nearby schools including East End Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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.

Maine Listings 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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