Investment Potential for 62 Chenery St

The property has a current estimated value of $486,576, which is 31% above the neighborhood median, based on public records. It last sold on February 07, 2022 for $275K. Projected long-term

is $36,600 annually ($3,050 per month) with a 93% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$275,000

Sold February 07, 2022

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$487K

($461K - $511K)

31% above neighborhood median

5-Year Forecast
5-year appreciation
This is an estimate of the appreciated property value by year over the next 5 years, based on proprietary algorithms and historical market data. Actual appreciation of a property can differ materially for a variety of reasons. Learn More.

$******

View Forecast

Discover more Single Family Homes in Back Cove.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$36,600 per year($3,050 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

93%in 04103 zip code

View Rental Potential

Owners & Occupancy for 62 Chenery St

This property is owned by Jon D Morrill. Owner contact information includes 4 phone numbers and 2 email addresses.

Occupancy

*****

View Occupancy

Appreciation Since Purchased

$211,576

Purchased February 07, 2022

Number of Owners

2

Property Owners

Jon D Morrill, age **

Occupation	Vice President, Kittery Trading Post
Cell Phone	(207) *-**View Cell Phone
Residence	************
Landline	(970) 675-2744
Distance from Property	**********
Email Address	***********@hotmail.comView Email

Property Ownership Information

Purchase Date	February 07, 2022
Property Tax Amount	$7,358 in 2024
Purchase Price	$275,000

Occupancy

Current Occupancy	*****View Occupancy
Resident 1	************* age 71
Resident 2	******** age 96
Resident 3	***************
Resident 4	*************** age 70

Property Details for 62 Chenery St

Property Age

87 years

10 years older than neighborhood median

Property Details

Property Sq Ft

Living Area

1,607 sq ft

43% above market

Lot Size

8,712 sq ft

25% above market

Price Per Sq Ft

Living Area

$303 / sq ft

11% below market

Lot Size Area

$56 / sq ft

1% above market

Property Information

Property condition, age, exterior, etc. for 62 Chenery…

Land & Location Information

Longitude: -70.280315 Latitude: 43.673763 Parcel Number (APN): PTLD-000128-G000007-000001…

Recommended Properties in Back Cove

Discover more single family homes near 62 Chenery St in Portland, Maine. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Valued below Market Median
$294K - $328K
Est. Value
73 Canco Rd, Portland, ME 04103
2 beds · 1 baths · 629 sq ft · Last Sold: $319,900 in 2020 · Built: 1943
Owned for 10 - 15 Years
$358K - $397K
Est. Value
56 Bay St, Portland, ME 04103
2 beds · 2 baths · 1,066 sq ft · Last Sold: $279,000 in 2015 · Built: 1982
Owner Age Above 75
$352K - $384K
Est. Value
104 Irving St, Portland, ME 04103
2 beds · 1 baths · 1,008 sq ft · Built: 1956
High Demand Long-Term Rental
$392K - $439K
Est. Value
59 Irving St, Portland, ME 04103
3 beds · 1 baths · 1,277 sq ft · Built: 1900
Valued below Market Median
$358K - $394K
Est. Value
72 Wellwood Rd, Portland, ME 04103
3 beds · 2 baths · 1,556 sq ft · Built: 1930
High Demand Long-Term Rental
$516K - $582K
Est. Value
25 Pya Rd, Portland, ME 04103
3 beds · 1 baths · 1,458 sq ft · Built: 1950
High Demand Long-Term Rental
$410K - $458K
Est. Value
962 Washington Ave, Portland, ME 04103
3 beds · 1 baths · 1,628 sq ft · Last Sold: $175,000 in 2015 · Built: 1900
Valued above Market Median
$635K - $686K
Est. Value
28 Lincoln St, Portland, ME 04103
6 beds · 3 baths · 2,900 sq ft · Built: 1898
Owner Age 55 - 65
$538K - $609K
Est. Value
14 Chenery St, Portland, ME 04103
3 beds · 1 baths · 1,960 sq ft · Built: 1955
Occupancy Status
$462K - $513K
Est. Value
161 Murray St, Portland, ME 04103
3 beds · 1 baths · 1,456 sq ft · Built: 1988
Owned for 5 - 10 Years
$351K - $380K
Est. Value
176 Murray St, Portland, ME 04103
2 beds · 2 baths · 900 sq ft · Last Sold: $290,000 in 2019 · Built: 1982
Owner Age 55 - 65
$515K - $586K
Est. Value
32 Pya Rd, Portland, ME 04103
4 beds · 2 baths · 2,127 sq ft · Last Sold: $805,000 in 2022 · Built: 1953
Owner Age Above 75
$587K - $661K
Est. Value
89 Murray St, Portland, ME 04103
3 beds · 1 baths · 1,696 sq ft · Built: 1928
Owned for 5 - 10 Years
$354K - $401K
Est. Value
41 Gleckler Rd, Portland, ME 04103
2 beds · 1 baths · 1,330 sq ft · Last Sold: $329,000 in 2019 · Built: 1935
Owner Age 55 - 65
$588K - $653K
Est. Value
93 Gleckler Rd, Portland, ME 04103
5 beds · 1 baths · 1,746 sq ft · Built: 1941
Large Lot Advantage
$515K - $561K
Est. Value
86 Gleckler Rd, Portland, ME 04103
3 beds · 1 baths · 1,441 sq ft · Built: 1928
Owned for 10 - 15 Years
$461K - $516K
Est. Value
97 Codman St, Portland, ME 04103
3 beds · 1 baths · 1,248 sq ft · Last Sold: $314,900 in 2013 · Built: 1937
Owned for Less Than 5 Years
$497K - $551K
Est. Value
15 Brookside Ln, Portland, ME 04103
4 beds · 2 baths · 1,992 sq ft · Built: 1956
Owner Age 55 - 65
$544K - $596K
Est. Value
18 Codman St, Portland, ME 04103
4 beds · 3 baths · 2,829 sq ft · Last Sold: $535,000 in 2018 · Built: 1920
Owner Age 65 - 75
$526K - $581K
Est. Value
69 Gleckler Rd, Portland, ME 04103
3 beds · 1 baths · 1,692 sq ft · Built: 1939

Market Benchmarks

Compare data for 62 Chenery St in Cumberland County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$486,576

$372,659

$113,918 (31%)

$337,557

$149,020 (44%)

$******

$********

$****** (****%)

$527,200

$69,698 (13%)

YoY Price Change

****%

3.81%

-299%

Year Built

1938

1948

-10 years

1972

-34 years

Living Space

1,607 sq ft

1,126.5 sq ft

480 (43%)

1,044 sq ft

563 (54%)

$ Per Living Sq Ft

$303

$340

-$37 (-11%)

$285

$18 (6%)

Lot Size

8,712 sq ft

6,970 sq ft

1742 (25%)

27,443 sq ft

-18731 (-68%)

$ Per Lot Sq Ft

$56

$55

$0 (1%)

$25

$31 (122%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$26,448

-$5,641 (-21%)

Annual Revenue

$36,600

$36,000

$600 (2%)

$34,800

$1,800 (5%)

$*****

$*******

$**** (****%)

$8,328

$7,465 (90%)

Net Operating Income

$*****

$***** (****%)

$26,448

-$5,641 (-21%)

Cap Rate

****%

—

7.19%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Property Condition	****View Condition
Property Type	Single Family Home
Total Bedrooms	2
Total Bathrooms	1.5
Year Built	1938
Building Sq Ft	1,607 sq ft
Lot Size	0 Acres
Living Space	1,607 sq ft
Heating / Fuel	Forced Air
Fireplace	Yes

APN	PTLD-000128-G000007-000001
Census Tract	0018002009
Municipality	Portland City
County	Cumberland
Neighborhood	Back Cove
Longitude / Latitude	-70.280315 / 43.673763
Lot Size	8,712 sq ft

62 Chenery St Portland, ME 04103

property value

$486,576

neighborhood valuation

$372,659

market valuation

$341,724

investment intelligence

Investment Potential for 62 Chenery St

rental income

property appreciation

Last Sale Amount

$275,000

property value

$487K

($461K - $511K)

5-year appreciation

rental income

operating expenses

Owners & Occupancy for 62 Chenery St

Occupancy

Appreciation Since Purchased

$211,576

Number of Owners

2

Property Owners

Jon D Morrill, age **

Holly G Morrill, age **

Property Ownership Information

Occupancy

Property Details for 62 Chenery St

Property Age

87 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in Back Cove

$294K - $328K

Est. Value

73 Canco Rd, Portland, ME 04103

2 beds · 1 baths · 629 sq ft · Last Sold: $319,900 in 2020 · Built: 1943

$358K - $397K

Est. Value

56 Bay St, Portland, ME 04103

2 beds · 2 baths · 1,066 sq ft · Last Sold: $279,000 in 2015 · Built: 1982

$352K - $384K

Est. Value

104 Irving St, Portland, ME 04103

2 beds · 1 baths · 1,008 sq ft · Built: 1956

$392K - $439K

Est. Value

59 Irving St, Portland, ME 04103

3 beds · 1 baths · 1,277 sq ft · Built: 1900

$358K - $394K

Est. Value

72 Wellwood Rd, Portland, ME 04103

3 beds · 2 baths · 1,556 sq ft · Built: 1930

$516K - $582K

Est. Value

25 Pya Rd, Portland, ME 04103

3 beds · 1 baths · 1,458 sq ft · Built: 1950

$410K - $458K

Est. Value

962 Washington Ave, Portland, ME 04103

3 beds · 1 baths · 1,628 sq ft · Last Sold: $175,000 in 2015 · Built: 1900

$635K - $686K

Est. Value

28 Lincoln St, Portland, ME 04103

6 beds · 3 baths · 2,900 sq ft · Built: 1898

$538K - $609K

Est. Value

14 Chenery St, Portland, ME 04103

3 beds · 1 baths · 1,960 sq ft · Built: 1955

$462K - $513K