C
Seller's Agent in 2023
Colleen Bedard
RE/MAX
(207) 233-7273
2 in this area
67 Total Sales
138 Ocean St South Portland, ME 04106
Knightville NeighborhoodEstimated Value: $719,017
--
Bed
3.5
Baths
3,407
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- No HOA
- Hot Water Heating System
- 3-minute walk to Millcreek Park
- Cooling Available
- Carpet
About This Home
As of May 2023Investors take note! 3 residential units and one commercial unit in popular Knightville. Commercial tenant has 5 year lease with escalating market rate rent. Plenty of off-street parking. Rental units have efficient Rinnai heaters. Heat pumps provide heat and cooling to first floor commercial tenant. An outstanding opportunity.
Co-Listed By
Emily Taylor
RE/MAX Shoreline
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,457
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
Home Design
- Block Foundation
- Wood Frame Construction
- Pitched Roof
- Vinyl Siding
Interior Spaces
- 3,407 Sq Ft Home
- Multi-Level Property
Flooring
- Carpet
- Laminate
- Vinyl
Basement
- Exterior Basement Entry
- Dirt Floor
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Hot Water Heating System
Listing and Financial Details
- Tax Lot 186
- Assessor Parcel Number SPOR-000014-000000-000186
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $8,553
- Gross Income $56,820
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
May 31, 2023
Sold by
Spaien Gail and Bertaska Richard
Bought by
C & D Properties Llc
Seller's Agent
Colleen Bedard
RE/MAX Shoreline
Buyer's Agent
Joshua Caron
Maine Community Real Estate
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,017
Original Mortgage
$700,000
Outstanding Balance
$684,954
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 14, 2020
Closed on
Oct 15, 2020
Sold by
Mjeco Llc
Bought by
Spaien Gail and Bertaska Richard
Seller's Agent
Brit Vitalius
Vitalius Real Estate Group, LLC
Buyer's Agent
Colleen Bedard
RE/MAX Shoreline
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$1
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 18, 2007
Sold by
Kcc Inc
Bought by
Mjeco Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.3%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| C & D Properties Llc | $690,000 | None Available | |
| C & D Properties Llc | $690,000 | None Available | |
| Spaien Gail | -- | None Available | |
| Spaien Gail | -- | None Available | |
| Mjeco Llc | -- | -- | |
| Mjeco Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | C & D Properties Llc | $700,000 | |
| Closed | C & D Properties Llc | $700,000 | |
| Previous Owner | Spaien Gail | $1 | |
| Previous Owner | Mjeco Llc | $50,000 | |
| Previous Owner | Mjeco Llc | $240,000 | |
| Closed | Spaien Gail | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | For Sale | $695,000 | +0.7% | $204 / Sq Ft |
| 05/31/2023 05/31/23 | Sold | $690,000 | +20.0% | $203 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 10/15/2020 10/15/20 | Sold | $575,000 | -4.2% | $169 / Sq Ft |
| 06/15/2020 06/15/20 | Pending | -- | -- | -- |
| 04/14/2020 04/14/20 | For Sale | $599,900 | -- | $176 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,665 | $580,700 | $210,100 | $370,600 |
| 2023 | $5,930 | $419,400 | $199,900 | $219,500 |
| 2022 | $6,457 | $415,000 | $199,900 | $215,100 |
| 2021 | $5,839 | $397,200 | $199,900 | $197,300 |
| 2020 | $6,219 | $314,900 | $166,800 | $148,100 |
| 2019 | $6,015 | $314,900 | $166,800 | $148,100 |
| 2018 | $5,708 | $314,900 | $166,800 | $148,100 |
| 2017 | $5,668 | $314,900 | $166,800 | $148,100 |
| 2016 | $5,574 | $314,900 | $166,800 | $148,100 |
| 2015 | $5,479 | $314,900 | $166,800 | $148,100 |
| 2014 | $5,385 | $314,900 | $166,800 | $148,100 |
| 2013 | $5,259 | $314,900 | $166,800 | $148,100 |
Source: Public Records
Agents Affiliated with this Home
-
Colleen Bedard
-
E
Seller Co-Listing Agent in 2023
Emily Taylor
RE/MAX
-
Joshua Caron
Buyer's Agent in 2023
Joshua Caron
Maine Community Real Estate
(207) 408-3879
1 in this area
54 Total Sales
-
Brit Vitalius
Seller's Agent in 2020
Brit Vitalius
Vitalius Real Estate Group, LLC
(207) 318-2555
1 in this area
175 Total Sales
-
Chris Sullivan
Seller Co-Listing Agent in 2020
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
1 in this area
128 Total Sales
Map
Source: Maine Listings
MLS Number: 1560835
APN: SPOR-000014-000000-000186
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393
Nearby Homes
- 18 Ocean St Unit 72
- 628 Broadway
- 13 Ocean St
- 46 Haven Rd
- 95 Mussey St
- 338 Ocean St
- 134 S Richland St
- 57 O'Neil St
- 73 O'Neil St
- 43 O'Neil St
- 3 Solar Way Unit 3
- 1 Solar Way Unit 1
- 235 Harriet St
- 245 Broadway Unit 102
- 310 Pine St
- 152 Anthoine St
- 553 Sawyer St
- 5 Virginia Ave
- 24 Shelby Ln
- 115 Summit Terrace Unit 6