2 TERRACE CIRCLE
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Location
2 TERRACE CIRCLE
Mblu
22/8 136/ / /
Acct#
7649
Owner
HOUSING INITIATIVES OF NEW ENGLAND
Total Market Value
$5,415,500
Appraisal
$5,415,500
PID
1963
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$4,609,900$805,600$5,415,500
Assessment
Valuation YearImprovementsLandTotal
2025$4,609,900$805,600$5,415,500

Owner of Record
OwnerHOUSING INITIATIVES OF NEW ENGLAND
Co-OwnerC/O CYNTHIA MILLIKEN TAYLOR
Address264 US ROUTE 1
BUILDING 300 SUITE 2A
SCARBOROUGH, ME 04074
Sale Price$1,000,000
Certificate
Book & Page 6631/0760
Sale Date05/10/2002
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
HOUSING INITIATIVES OF NEW ENGLAND$1,000,000 6631/07600005/10/2002
HOUSING INITIATIVES OF NEW ENG$840,000 5405/0156 01/25/1993

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 3,385
Replacement Cost: $545,351
Building Percent Good: 84
Replacement Cost
Less Depreciation:
$458,100
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage
Stories:1
Occupancy6.00
Exterior Wall 1Vinyl Siding
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelOil
Heating TypeHot Water
AC TypeNone
Bldg UseHSNG AUTH
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:9080
Heat/ACNONE
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,385 3,385
FEPPorch, Encl, Finished 441 0
USTUtility, Storage, Unfinished 200 0
   4,026 3,385

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL4GAS FIREPLACE1.00 UNITS$3,9006
SPR1SPRINKLERS-WET21714.00 S.F.$74,7006
ELVElevator1.00 STOPS$12,9006

Land
Land Use
Use Code9080
DescriptionHSNG AUTH  
ZoneMUZD
Neighborhood5000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)19
Frontage0
Depth0
Total Market Land$805,600
Appraised Value$805,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  28000.00 S.F.$84,0001
SHD1SHED FRAME  133.00 S.F.$2,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$4,609,900$805,600$5,415,500
2023$4,609,900$805,600$5,415,500
2022$4,609,900$805,600$5,415,500

Assessment
Valuation YearImprovementsLandTotal
2024$4,609,900$805,600$5,415,500
2023$4,609,900$805,600$5,415,500
2022$4,609,900$805,600$5,415,500

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