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29 Forest Street

29 Forest Street, Portland, ME 04102
Multifamily in Valley Street
Sold Sep 24, 2020
$437,800
$432,030 by Harborone Mortgage
Mortgage
Sold Jun 03, 2016
$241,300
$193,000 by Norway Savings Bank
Mortgage Due Jun 03, 2046
Local assessors in Portland, ME have categorized 29 Forest Street as a residential type of property. The home was built in 1875 and is 149 years old. The property's lot size has been calculated to be 2,744 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 29 Forest Street has a total of 1,880 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a steam heating system is the primary heating source and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 29 Forest Street was last sold in Sep 12, 2020 for $437,800. According to our calculations, that's $232.87 per sqft. Prior to that sales transaction, the property was sold for $241,300 in Jan 1, 1970. Current property owners are expected to pay $6,248 in taxes per year. The property on 29 Forest Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $433,600. To break that down further, the land itself was valued at $129,700. While improvements to the property were assessed at a total of $303,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1875
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,744
  • Total Building Area: 1,880
  • Building Area: 1,880
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Steam
  • Heated Square Feet: 1,880
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.063
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : FAGAN MICHAEL
  • Previous Owner : NG ALEX
  • Previous Owner 2: CHADBURN JENNIFER
  • Owner Before Previous Owner: TRIGGIANI DAVID M

Neighborhood

  • School District Name: Portland
  • School Tax School District: PORTLAND PS
  • Census Tract: 001300

Geography

  • Parcel: PTLD M:053 B:A012001
  • Block: A012001
  • Municipality: PORTLAND
  • Latitude: 43.6553
  • Longitude: -70.2777

    Address

  • Full Address: 29 Forest St
  • Address - House Number: 29
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: ME
  • City Name: Portland
  • Carrier Code: C040
  • 4-Digit Zip Code: 2924
  • Zip Code: 04102

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,248

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 83
  • Final Value: 671,240
  • High Value: 764,725
  • Low Value: 577,755

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $432,030
  • First Open Lien Mortgage Lender: HARBORONE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $432,030
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,600
  • Assessed Land Value: $129,700
  • Assessed Improvements Value: $303,900

    Sales

  • Current Sale Contract Date: Sep 12, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11789722960
  • Current Sale Price: $437,800
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 60326
  • Previous Sale Recording Date: Jun 03, 2016
  • Previous Sale Amount: $241,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HARBORONE MORTGAGE
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $432,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: NORWAY SAVINGS BANK
  • Previous Mortgage Transaction Date: Jun 03, 2016
  • Previous Mortgage Loan Amount: $193,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 03, 2046

About Valley Street



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Frequently Asked Questions

What neighborhood is 29 Forest Street located in?
The 29 Forest Street is a multifamily located in the neighborhood of Valley Street in Valley Street, Portland.
What is the average sales price for listings in 29 Forest Street?
The average sales price for units in 29 Forest Street is $0 currently.

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