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54 Arbutus Avenue

54 Arbutus Avenue, South Portland, ME 04106
Sold May 18, 2020
$249,400
$199,500 by Androscoggin Bank
Mortgage
Sold Oct 22, 2007
$172,300
$170,050 by Taylor Bean & Whitaker Mortgag
Mortgage
54 Arbutus Avenue has been categorized by the local assessors in South Portland, ME as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 8 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 54 Arbutus Avenue has 768 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 4,792 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 54 Arbutus Avenue sold most recently in May 15, 2020 for a total of $249,400. If you work out the math, that's approximately a cost of $324.74 per sqft. Before that, the property was also sold for $172,300 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,622 in taxes each year. 54 Arbutus Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $232,800. If we break it down further, the land itself was valued at $77,600. Improvements to the property, however, were assessed at a total of $155,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 768
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 768
  • Gross Building Area: 2,304
  • Building Area: 768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 768
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHILLIPS KAREN K
  • Previous Owner : SCHNEIDER CRAIG
  • Owner Before Previous Owner: ROBERTS LAURIE A D
  • Owner Before Previous Owner 2: ROBERTS DANIEL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Portland
  • School Tax School District: SO PORTLAND PS
  • Census Tract: 003100

Zoning

  • Zoning: HVP

Geography

  • Parcel: SPOR M:024 L:059
  • Lot: 59
  • Municipality: SOUTH PORTLAND
  • Latitude: 43.6293
  • Longitude: -70.2613

    Address

  • Full Address: 54 Arbutus Ave
  • Address - House Number: 54
  • Address - Street Name: Arbutus
  • Address - Suffix Type: Ave
  • State: ME
  • City Name: South Portland
  • Carrier Code: C078
  • 4-Digit Zip Code: 4428
  • Zip Code: 04106

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,622

    Appraisal Valuation

  • Standard Deviation: 0.2034
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 421,675
  • High Value: 507,477
  • Low Value: 335,873

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $224,500
  • First Open Lien Mortgage Lender: ANDROSCOGGIN BANK
  • First Open Lien Mortgage Recording Date: May 18, 2020
  • First Open Lien Mortgage Loan Amount: $199,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: ANDROSCOGGIN BANK
  • Second Open Lien Mortgage Recording Date: Jul 14, 2020
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $232,800
  • Assessed Land Value: $77,600
  • Assessed Improvements Value: $155,200

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11761562039
  • Current Sale Price: $249,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 25474
  • Previous Sale Recording Date: Oct 22, 2007
  • Previous Sale Amount: $172,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANDROSCOGGIN BANK
  • First Mortgage Transaction Date: May 18, 2020
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Oct 22, 2007
  • Previous Mortgage Loan Amount: $170,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 54 Arbutus Avenue located in?
The 54 Arbutus Avenue is a house located in the neighborhood of South Portland in South Portland, South Portland.
What is the average sales price for listings in 54 Arbutus Avenue?
The average sales price for units in 54 Arbutus Avenue is $0 currently.

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