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8 Chester Street

8 Chester Street, Portland, ME 04103
Property in East Deering
Sold Jul 15, 2019
$891,500
$950,000 by City National Bank
Mortgage Due Jul 01, 2051
8 Chester 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 1860 and is 164 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8 Chester Street has 1,689 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 11,626 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. For the features and amenities located on the property. There is a detached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. The exterior walls of the building are made of alum/vinyl 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 gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 12, 2019 for $891,500. That's $527.83 per sqft. 8 Chester Street was last assessed in 2023. The total value of the property was assessed at $1,005,300. Specifically, the land the property is located on was valued at $580,800. While improvements on the property were assessed at a total of $424,500. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,486. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,626
  • Total Building Area: 1,689
  • Building Area: 1,689
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 1,689
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDSOR HTS
  • Land Acres: 0.267
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BANKS MICHAEL D
  • Previous Owner : ELLIS KATHRYN M
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Parcel: PTLD M:431 B:C015001
  • Block: C015001
  • Municipality: PORTLAND
  • Latitude: 43.682
  • Longitude: -70.2517

    Address

  • Full Address: 8 Chester St
  • Address - House Number: 8
  • Address - Street Name: Chester
  • Address - Suffix Type: St
  • State: ME
  • City Name: Portland
  • Carrier Code: C069
  • 4-Digit Zip Code: 5504
  • Zip Code: 04103

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,486

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 1,069,866
  • High Value: 1,327,394
  • Low Value: 812,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $950,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,005,300
  • Assessed Land Value: $580,800
  • Assessed Improvements Value: $424,500

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 15, 2019
  • Current Sale Transaction ID: 11623299730
  • Current Sale Price: $891,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 31562

    Last Sale Mortgage

  • First Mortgage Lender: SACO & BIDDEFORD SAVINGS
  • First Mortgage Transaction Date: Jul 15, 2019
  • First Mortgage Loan Amount: $713,205
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About East Deering



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8 Chester Street located in?
The 8 Chester Street is a located in the neighborhood of East Deering in East Deering, Portland.
What is the average sales price for listings in 8 Chester Street?
The average sales price for units in 8 Chester Street is $0 currently.

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