2 TERRACE CIRCLE
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Location
2 TERRACE CIRCLE
Mblu
22/8 136/ / /
Acct#
7649
Owner
HOUSING INITIATIVES OF NEW ENGLAND
Assessment
$5,415,500
Appraisal
$5,415,500
PID
1963
Building Count
6
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: $543,976
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$435,200
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
Building 2 : Section 1
Year Built: 1980
Living Area: 3,415
Replacement Cost: $540,677
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$432,500
Building Attributes : Bldg 2 of 6
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 3,415 3,415
FEPPorch, Encl, Finished 441 0
   3,856 3,415
Building 3 : Section 1
Year Built: 1980
Living Area: 3,360
Replacement Cost: $541,222
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$433,000
Building Attributes : Bldg 3 of 6
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 3,360 3,360
FEPPorch, Encl, Finished 441 0
USTUtility, Storage, Unfinished 200 0
   4,001 3,360
Building 4 : Section 1
Year Built: 1980
Living Area: 3,360
Replacement Cost: $534,650
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$427,700
Building Attributes : Bldg 4 of 6
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 3,360 3,360
FEPPorch, Encl, Finished 441 0
   3,801 3,360
Building 5 : Section 1
Year Built: 1980
Living Area: 1,026
Replacement Cost: $173,364
Building Percent Good: 80
Replacement Cost
Less Depreciation:
$138,700
Building Attributes : Bldg 5 of 6
FieldDescription
Style:Commercial
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
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 TypeForced Air-Duc
AC TypeCentral
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 1,026 1,026
USTUtility, Storage, Unfinished 114 0
WDKDeck, Wood 128 0
   1,268 1,026
Building 6 : Section 1
Year Built: 2002
Living Area: 21,714
Replacement Cost: $2,872,550
Building Percent Good: 93
Replacement Cost
Less Depreciation:
$2,671,500
Building Attributes : Bldg 6 of 6
FieldDescription
Style:Apartments
ModelCommercial
GradeAverage +10
Stories:2
Occupancy24.00
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/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 11,512 11,512
FUSUpper Story, Finished 9,162 9,162
TQSThree Quarter Story 1,300 1,040
FOPPorch, Open, Finished 104 0
   22,078 21,714

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL4GAS FIREPLACE1.00 UNITS$1,9006
SPR1SPRINKLERS-WET21714.00 S.F.$40,4006
ELVElevator1.00 STOPS$9,3006

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

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  28000.00 S.F.$18,9001
SHD1SHED FRAME  133.00 S.F.$8001
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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