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38 Savoy Street

38 Savoy Street, Portland, ME 04103
Property in East Deering
Sold May 04, 2020
$298,500
$294,566 by Cardinal Financial Company Lp
Mortgage Due Jun 01, 2050
Sold Mar 01, 2011
$62,500
$50,000 by Residential Mtg Svcs
Mortgage
38 Savoy Street has been categorized by the local assessors in Portland, ME as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 38 Savoy Street has 1,560 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,151 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and 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, 38 Savoy Street was last sold in Apr 24, 2020 for $298,500. According to our calculations, that's $191.35 per sqft. Prior to that sales transaction, the property was sold for $62,500 in Jan 1, 1970. Current property owners are expected to pay $5,123 in taxes per year. The property on 38 Savoy Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $355,500. To break that down further, the land itself was valued at $64,800. While improvements to the property were assessed at a total of $290,700. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,151
  • Total Building Area: 1,560
  • Building Area: 1,560
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MILES CYNTHIA M
  • Previous Owner : CHIDESTER RANCH LLC
  • Owner Before Previous Owner: KING ROBERT C
  • Owner Before Previous Owner 2: KING JESSICA W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland
  • School Tax School District: PORTLAND PS
  • Census Tract: 002300

Geography

  • Parcel: PTLD M:428 B:L011001
  • Block: L011001
  • Municipality: PORTLAND
  • Latitude: 43.6835
  • Longitude: -70.2623

    Address

  • Full Address: 38 Savoy St
  • Address - House Number: 38
  • Address - Street Name: Savoy
  • Address - Suffix Type: St
  • State: ME
  • City Name: Portland
  • Carrier Code: C057
  • 4-Digit Zip Code: 5024
  • Zip Code: 04103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,123

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 68
  • Final Value: 455,925
  • High Value: 560,148
  • Low Value: 351,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: May 04, 2020
  • First Open Lien Mortgage Loan Amount: $294,566
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $355,500
  • Assessed Land Value: $64,800
  • Assessed Improvements Value: $290,700

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Transaction ID: 11759161406
  • Current Sale Price: $298,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22709
  • Previous Sale Recording Date: Mar 01, 2011
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: May 04, 2020
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MTG SVCS
  • Previous Mortgage Transaction Date: Mar 01, 2011
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Deering



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Frequently Asked Questions

What neighborhood is 38 Savoy Street located in?
The 38 Savoy Street is a located in the neighborhood of East Deering in East Deering, Portland.
What is the average sales price for listings in 38 Savoy Street?
The average sales price for units in 38 Savoy Street is $0 currently.

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