NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,130,000

5 Beds
3 Baths
2,075 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2019

Last sale price $579,000 $279 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,335 / mo

51 Days on Market

Highlights

  • Nearby Water Access
  • The property is located in a historic district
  • Wood Flooring
  • Public Beach
  • Property is near public transit
  • 4-minute walk to Peppermint Park

About This Home

As of January 2019

REDUCED! This is a 3 UNIT BUILDING located on Congress St. "The Hill" Eastern Promenade is in demand. CAN'T afford a single family dwelling? This is it. Live here and have 2 apartments supporting your mortgage. This home is great for an owner occupied Buyer. Great for an investor too. Features: Wide pine flooring in each apartment. Rinnaii heaters in each unit, very economical. OFF Street parking 1-4, fenced in backyard w/lawns, GREAT FOR DOGS, Storage shed. Replaced windows, newer wiring and 3 new electrical boxes, hot water on demand units. Coin op washer & dryer, utility sink. Plenty of room in the basement for storage. (2) two bedrooms (1) one bedroom unit. Below Market rents. minimum $200 each unit.

Last Agent to Sell the Property

LOUIS SANTORO Jr.

Santoro Real Estate Listed on: 09/24/2018

Last Buyer's Agent

Brit Vitalius

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,172

Year Built

  • Built in 1875

Lot Details

  • 3,920 Sq Ft Lot
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 2,075 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Shed

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Smart Grid Meter

Listing and Financial Details

  • Legal Lot and Block 27 / M
  • Assessor Parcel Number PTLD-000013-000000-M027001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $7,852
  • Gross Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,172

Year Built

Built in 1875

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Congress St. the Eastern Promenade hill. See house on left. Sign on property. 177 Congress. Easy to get to 95, 295, restaurants, coffee shops,neighborhood grocery markets. Promenade Park with awesome ocean views.
  • Above Grade Finished Sq Ft: 2075.0
  • Architectural Style: Multi-Level, Victorian
  • Garage Yn: No
  • Efficiency: Smart Electric Meter, Double Pane Windows, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1875
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 296.39
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.09
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2075.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: 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
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Heat Fuel:Electric: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 36900.0
  • Income Expenses Operating Expenses: 7852.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Transportation:Deep Water Access: Yes
  • Heat System:Space Heater: Yes
  • Energy Efficiency:Smart Electric Meter: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Other Structures:Shed: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Landscaped, Historic District, Intown, Near Public Beach, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Clapboard, Wood Frame
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: PTLD-000013-000000-M027001
  • Zoning: res

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 36900.0
  • Annual Operating Expense: 7852.0

Tax Info

  • Tax Annual Amount: 5172.0
  • Tax Block: M
  • Tax Lot: 27
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Jan 3, 2019
Sold by
Waugh Maggie E and Rummell Margaret I
Bought by
Broadbent Molly T
Seller's Agent
LOUIS SANTORO Jr.
Santoro Real Estate
Buyer's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
List Price
$629,000
Sold Price
$579,000
Premium/Discount to List
-$50,000
-7.95%
Current Estimated Value
$1,027,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,667
Avg. Annual Appreciation
8.26%
Original Mortgage
$434,250
Outstanding Balance
$383,329
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$644,338
Source: Public Records
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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
Broadbent Molly T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broadbent Molly T $434,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2019 01/03/19 Sold $579,000 -7.9% $279 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $629,000 -- $303 / Sq Ft
Source: Maine Listings

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 $9,600 $639,600 $241,600 $398,000
2023 $9,217 $639,600 $241,600 $398,000
2022 $8,269 $607,600 $241,600 $366,000
2021 $7,893 $607,600 $241,600 $366,000
2020 $5,569 $238,900 $92,700 $146,200
2019 $5,569 $238,900 $92,700 $146,200
2018 $5,172 $238,900 $92,700 $146,200
2017 $5,172 $238,900 $92,700 $146,200
2016 $5,043 $238,900 $92,700 $146,200
2015 $4,929 $238,900 $92,700 $146,200
2014 $4,778 $238,900 $92,700 $146,200
Source: Public Records

Agents Affiliated with this Home

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Source: Maine Listings

MLS Number: 1370447

Maine Listings

APN: PTLD-000013-000000-M027001

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