$2,903,140
SOLD APR 9, 2025

170 Eastern Promenade Unit 1 Portland, ME 04101

East End Neighborhood
-- Bed
6 Baths
6,195 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$469 Per Sq Ft

9% Below List Price

16 Days on Market

Highlights

  • Ocean Front
  • Public Beach
  • Property is near public transit
  • Nearby Water Access
  • Deck
  • 2-minute walk to East End Playground

About This Home

As of April 2025

Gorgeous Victorian on Portland's Eastern Promenade: Perched on the coveted Eastern Promenade, this stunning Victorian offers breathtaking views of Casco Bay and the Calendar Islands. Thoughtfully designed with exquisite millwork, this lovingly preserved home features historic charm and modern updates!

The main residence features four spacious bedrooms and four full baths, complemented by a sunlit living room that opens to a outside private deck and a gas fireplace, the stunning dining room has original built-ins, a well-appointed kitchen completes the second floor. Upstairs there are two additional private decks off of bedrooms—perfect for enjoying the coastal scenery.

Separately the guest unit is equally captivating, with two bedrooms and two bathrooms, a striking entryway showcasing original stained glass, a curved wall, historic pocket doors, and a butler's pantry with slate sink. Located on the first level, it commands views from the covered front porch, entry and living and dining rooms.

The finished basement provides additional living space with a guest suite, workout area, and sauna. The attached mudroom, garage, and private backyard enhance both convenience and privacy.

An exceptionally rare opportunity to own a piece of Portland's most desirable neighborhood!

Last Agent to Sell the Property

Alexa Oestreicher

Legacy Properties Sotheby's International Realty Listed on: 03/19/2025

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Susanne Lamb

Town & Shore Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,564

Year Built

  • Built in 1903

Lot Details

  • 5,663 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Public Beach
  • Open Lot

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Water
  • Scenic Vista

Home Design

  • Victorian Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms
  • Bathtub

Laundry

  • Laundry on main level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Radiator
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Gas Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot A-4
  • Assessor Parcel Number 170easternpromenadeportland04101

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $40,564
  • Gross Income $151,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,564

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Water Body Name: Casco Bay
  • MLS Status: Closed
  • Directions: 170 Eastern Prom is noted as 172 on the building. The driveway is on the left of the home.
  • Above Grade Finished Sq Ft: 4829.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Year Built: 1903
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 660.59
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 4829.0
  • Property Information:SqFt Finished Below Grade: 1366.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 151728.0
  • Income Expenses Operating Expenses: 40564.0
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Equipment:Internet Access Available: Yes
  • View:Scenic: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Transportation:Deep Water Access: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Advertising Remarks:Advertising Remarks: Gorgeous Victorian on Portland's Eastern Promenade: Perched on the coveted Eastern Promenade, this stunning Victorian offers breathtaking views of Casco Bay and the Calendar Islands. Thoughtfully designed with exquisite millwork, this lovingly preserved home features historic charm and modern updates! The main residence features four spacious bedrooms and four full baths, complemented by a sunlit living room that opens to a outside private deck and a gas fireplace, the stunning dining room has original built-ins, a well-appointed kitchen completes the second floor. Upstairs there are two additional private decks off of bedrooms—perfect for enjoying the coastal scenery. Separately the guest unit is equally captivating, with two bedrooms and two bathrooms, a striking entryway showcasing original stained glass, a curved wall, historic pocket doors, and a butler's pantry with slate sink. Located on the first level, it commands views from the covered front porch, entry and living and dining rooms. The finished basement provides additional living space with a guest suite, workout area, and sauna. The attached mudroom, garage, and private backyard enhance both convenience and privacy. An exceptionally rare opportunity to own a piece of Portland's most desirable neighborhood!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Internet Access Available
  • Has Basement: Interior, Finished, Full, Doghouse
  • Full Bathrooms: 6
  • Below Grade Sq Ft: 1366.0
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open, Sidewalks, Intown, Near Public Beach, Near Shopping, Near Public Transit
  • View: Scenic
  • Waterfront Features: Bay
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Patio, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, Inside Entrance, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiator, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 170easternpromenadeportland04101
  • Zoning: RN-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 151728.0
  • Annual Operating Expense: 40564.0

Tax Info

  • Tax Annual Amount: 35564.0
  • Tax Lot: A-4
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 24, 2025
Sold by
Schrader Chet D and Schrader Ashley
Bought by
Beech Vly Eastern Prom Ll
Seller's Agent
Alexa Oestreicher
Legacy Properties Sotheby's International Realty
Buyer's Agent
Susanne Lamb
Town & Shore Real Estate
List Price
$3,190,000
Sold Price
$2,903,140
Premium/Discount to List
-$286,860
-8.99%
Views
13
Current Estimated Value
$2,888,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,053
Avg. Annual Appreciation
-0.76%

Purchase Details

Closed on
Apr 5, 2022
Sold by
Schrader Chet D
Bought by
Schrader Chet D and Schrader Ashley

Purchase Details

Listed on
Aug 3, 2021
Closed on
Dec 17, 2021
Sold by
Mitchell Carol L
Bought by
Schrader Chet D
Seller's Agent
James Lindvall Jr
J T Leahy Real Estate
Buyer's Agent
Rachel Davey
Keller Williams Realty
List Price
$2,850,000
Sold Price
$2,625,000
Premium/Discount to List
-$225,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$2,100,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2010
Sold by
Mitchell Carol L
Bought by
Lindvall James W

Purchase Details

Closed on
Sep 4, 2007
Sold by
Mcintosh John A
Bought by
170 Eastern Prom Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,903,140 None Available
Warranty Deed $2,903,140 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,100,000 Purchase Money Mortgage
Previous Owner $417,000 Unknown
Previous Owner $280,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2025 04/09/25 Sold $2,903,140 -9.0% $469 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $3,190,000 +21.5% $515 / Sq Ft
12/17/2021 12/17/21 Sold $2,625,000 -7.9% $417 / Sq Ft View Prior Sale
10/14/2021 10/14/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $2,850,000 -- $452 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $35,565 $2,369,400 $643,700 $1,725,700
2023 $33,381 $2,316,500 $643,700 $1,672,800
2022 $31,528 $2,316,500 $643,700 $1,672,800
2021 $30,091 $2,316,500 $643,700 $1,672,800
2020 $24,998 $1,072,400 $243,700 $828,700
2019 $24,998 $1,072,400 $243,700 $828,700
2018 $11,395 $1,072,400 $243,700 $828,700
2017 $23,217 $1,072,400 $243,700 $828,700
2016 $22,638 $1,072,400 $243,700 $828,700
2015 $22,124 $1,072,400 $243,700 $828,700
2014 $21,136 $1,056,800 $243,700 $813,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1616527

Maine Listings

APN: PTLD-000003-000000-A004001