NOT LISTED FOR SALE

Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $390,443 - $407,000

2 Beds
1 Bath
864 Sq Ft
$225/mo HOA Fee

Last Sold May 31, 2018

Last sale price $240,000 $278 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,769/month

Highlights

  • Scenic Views
  • Contemporary Architecture
  • Bathtub
  • Property Near A Cove
  • Granite Countertops
  • Patio

About This Home

As of May 2018

Nestled between three bodies of water — Portland's Back Cove, Berry Brook and Fall Brook — this Back Cove Estates townhouse has beautiful light, overlooking a rolling lawn and tidal waterway. Granite kitchen with breakfast bar, crown molding, patio with seasonal views of Back Cove and city skyline. The Back Cove Estates location offers the best of both worlds — the excitement of city living with the freedom that comes with having lots of green space, guaranteed parking and convenient access to I-295. Unit comes with two deeded parking spots and storage unit. Within walking distance of restaurants, Cheverus High School and Ocean Avenue Elementary, and Payson Park, with its walking paths, gardens, playground, and tennis and basketball courts. Seller is a real estate broker licensed in the state of Maine.

Last Agent to Sell the Property

Douglas Cook

Benchmark Real Estate Listed on: 04/24/2018

Last Buyer's Agent

Douglas Cook

Benchmark Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1985

Lot Details

  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Scenic Vista
  • Woods

Home Design

  • 864 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Property Near A Cove
  • Patio
  • Shed

Location

  • City Lot

Utilities

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

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 6 / F
  • Assessor Parcel Number Estates21Portland156F6

Community Details

Overview

  • 8 Units
  • Back Cove Estates Condominium Assoc. Subdivision
  • FHA/VA Approved Complex
  • The community has rules related to deed restrictions

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,901

Year Built

Built in 1985

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Water Body Name: Back Cove
  • MLS Status: Closed
  • Subdivision Name: Back Cove Estates Condominium Assoc.
  • Directions: Entrance is off Ocean Avenue, between Cheverus High School and the upper entrance to Payson Park.
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 864.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: Yes
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 8
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Restrictions:Breed Restrictions: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Heat Fuel:Gas Natural: Yes
  • Floors:Laminate: Yes
  • Exterior:Clapboard: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Slab2: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Heat System:Space Heater: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bathtub, Shower

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Intown
  • View: Scenic, Trees/Woods
  • Waterfront Features: Cove
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: Estates21Portland156F6
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2901.0
  • Tax Block: F
  • Tax Book Number: 26287
  • Tax Lot: 6
  • Tax Map Number: 156
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
Jun 5, 2018
Sold by
Cook Douglas R
Bought by
Bodnar Marissa K
Seller's Agent
Douglas Cook
Benchmark Real Estate
Buyer's Agent
Douglas Cook
Benchmark Real Estate
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$397,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,111
Avg. Annual Appreciation
7.38%
Original Mortgage
$190,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2013
Sold by
Smith Carly R and Joyce Carly S
Bought by
Cook Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.64%
Mortgage Type
New Conventional
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
Bodnar Marissa K -- --
Cook Douglas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodnar Marissa K $50,000
Open Bodnar Marissa K $185,000
Closed Bodnar Marissa K $190,000
Closed Cook Douglas R $128,000
Previous Owner Smith Carly R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $240,000 -2.0% $278 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $245,000 -- $284 / 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 $4,083 $272,000 $54,400 $217,600
2023 $3,920 $272,000 $54,400 $217,600
2022 $3,702 $272,000 $54,400 $217,600
2021 $3,533 $272,000 $54,400 $217,600
2020 $3,562 $152,800 $31,900 $120,900
2019 $3,562 $152,800 $31,900 $120,900
2018 $3,435 $152,800 $31,900 $120,900
2017 $3,308 $152,800 $31,900 $120,900
2016 $3,226 $152,800 $31,900 $120,900
2015 $3,152 $152,800 $31,900 $120,900
2014 $3,056 $152,800 $31,900 $120,900
Source: Public Records

Agents Affiliated with this Home

  • Douglas Cook

    Seller's Agent in 2018

    Douglas Cook

    Benchmark Real Estate

    (207) 671-4459

    5 in this area

    5 Total Sales

    Douglas Cook
    Section Image
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Source: Maine Listings

MLS Number: 1346387

Maine Listings

APN: PTLD-000156-000000-F006021

Maine Cumberland County Portland 04103

Back Cove

This home since 24 April 2018 and is currently estimated at $397,111, approximately $459 per square foot. This property was built in 1985. This home is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and St. Brigid School.

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