NOT LISTED FOR SALE

Crescent 2 St Portland, ME 04102

Estimated Value: $615,000 - $821,000

2 Beds
2 Baths
2,108 Sq Ft
$342/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $555,000 $263 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,531/month

6 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding
  • No HOA
  • Hot Water Heating System

About This Home

As of July 2021

West End 2-family with an abundance of funky charm is an ideal home for the Portland city dweller looking to reside in one of New England's most walkable downtowns. Unit 1, features a generous kitchen which opens onto an oversized deck. Unit 2 is a charming 2 bedroom with an updated kitchen. The property features a ton of ground level storage for bike enthusiasts, workshop workers, or other creative uses. There is plenty of parking parking for two. The proximity to Maine Med makes this a perfect fit for hospital workers, traveling nurses, med students, or accident prone buyers.

Last Agent to Sell the Property

Brit Vitalius

Vitalius Real Estate Group, LLC Listed on: 06/02/2021

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Kelli Brewer

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,419

Year Built

  • Built in 1919

Lot Details

  • 1,742

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,108 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Tile

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • 1,742 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 5 / H
  • Assessor Parcel Number 053 H005001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $11,640
  • Gross Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,419

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2108.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1919
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2108.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 30600.0
  • Income Expenses Operating Expenses: 11640.0
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • 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: 1742.4
  • Parcel #: 053 H005001
  • Zoning: R6

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30600.0
  • Annual Operating Expense: 11640.0

Tax Info

  • Tax Annual Amount: 6419.0
  • Tax Block: H
  • Tax Book Number: 28617
  • Tax Lot: 5
  • Tax Map Number: 53
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 30, 2021
Sold by
Bourret Andrew P and Bourett Emily M
Bought by
Holmes Gregory M
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Kelli Brewer
Portside Real Estate Group
List Price
$525,000
Sold Price
$555,000
Premium/Discount to List
$30,000
5.71%
Current Estimated Value
$720,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,803
Avg. Annual Appreciation
6.44%
Original Mortgage
$499,500
Outstanding Balance
$454,404
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,399

Purchase Details

Closed on
Apr 4, 2011
Sold by
Pranger Heidi P and Pranger Max S
Bought by
Bourret Andrew P and Bourret Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,551
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2008
Sold by
Pranger Heidi P and Pranger Max S
Bought by
2 Crescent Street Llc

Purchase Details

Closed on
Jun 8, 2006
Sold by
Debrasch Thomas S
Bought by
Pranger Max S and Pranger Heidi P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Holmes Gregory M -- None Available
Bourret Andrew P -- --
2 Crescent Street Llc -- --
Pranger Max S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Gregory M $499,500
Previous Owner Bourret Andrew P $247,551
Previous Owner 2 Crescent Street Llc $160,662
Previous Owner Pranger Max S $161,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $555,000 +5.7% $263 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $525,000 -- $249 / 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 $8,335 $555,300 $239,100 $316,200
2023 $8,002 $555,300 $239,100 $316,200
2022 $7,558 $555,300 $239,100 $316,200
2021 $7,213 $555,300 $239,100 $316,200
2020 $6,420 $275,400 $134,000 $141,400
2019 $6,420 $275,400 $134,000 $141,400
2018 $5,962 $275,400 $134,000 $141,400
2017 $5,962 $275,400 $134,000 $141,400
2016 $5,814 $275,400 $134,000 $141,400
2015 $5,682 $275,400 $134,000 $141,400
2014 $5,508 $275,400 $134,000 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1494387

Maine Listings

APN: PTLD-000053-000000-H005001