Seller's Agent in 2023
Melissa Richter
Keller Williams Realty
(207) 553-2412
3 in this area
142 Total Sales
170 Ocean Ave Portland, ME 04103
Back Cove NeighborhoodEstimated Value: $519,000 - $606,070
3
Beds
1
Bath
1,293
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Wood Flooring
- Corner Lot
- Property is near public transit
- 2 Fireplaces
- No HOA
About This Home
As of August 2023Welcome to the sought after Back Cove Neighborhood in the vibrant City of Portland. Walk the Back Cove Trail with its ocean bay views and frequent heron sightings. Enjoy the proximity to Payson Park, including its tennis and pickleball courts, and thrilling sledding hill, perfect for year-round outdoor activities. The new Ocean Avenue Elementary School and its playground are a mere block away. In this unique neighborhood near Woodfords Corner, fine restaurants, a book store, and an ice cream shop await. Downtown Portland and the Old Port are just minutes away. You will appreciate the easy access to the interstate and the airport. This home is on a large corner lot with mature trees, including a beautiful hydrangea tree, and offers space for gardens and potentially an accessory dwelling unit. Step inside the home through the attached two-car garage to discover the warmth of refinished hardwood floors, fresh paint, and exquisite woodwork of this 1940s abode. A front-to-back living room with a fireplace and two modern double-pane windows and shades, a kitchen with a dining area, and two other sunny multi-purpose rooms grace the first floor. Upstairs, find a primary bedroom with two closets and built-in drawers, a bathroom with ceramic tiles and tub/shower, and a cheerful second bedroom painted yellow. The full basement includes washer and dryer. This is an exceptional opportunity to claim your own Portland gem!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,561
Year Built
- Built in 1941
Lot Details
- 0.31 Acre Lot
- Corner Lot
- Property is zoned R5
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Cape Cod Architecture
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 1,293 Sq Ft Home
- Built-In Features
- 2 Fireplaces
- Living Room
- Home Office
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
Additional Features
- Porch
- Property is near public transit
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Legal Lot and Block 6 / D
- Assessor Parcel Number PTLD-000138-D000016-000001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2023
Closed on
Aug 31, 2023
Sold by
Hemminger Helen
Bought by
Lanza Gabriela A and Hamilton Anne
Seller's Agent
Melissa Richter
Keller Williams Realty
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$498,900
Sold Price
$545,000
Premium/Discount to List
$46,100
9.24%
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
$19,768
Avg. Annual Appreciation
1.58%
Original Mortgage
$436,000
Outstanding Balance
$425,580
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,188
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 |
|---|---|---|---|
| Lanza Gabriela A | $545,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lanza Gabriela A | $436,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $545,000 | +9.2% | $422 / Sq Ft |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $498,900 | -- | $386 / 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 | $5,540 | $369,100 | $72,800 | $296,300 |
| 2023 | $4,829 | $335,100 | $72,800 | $262,300 |
| 2022 | $4,561 | $335,100 | $72,800 | $262,300 |
| 2021 | $4,353 | $335,100 | $72,800 | $262,300 |
| 2020 | $4,326 | $185,600 | $74,500 | $111,100 |
| 2019 | $4,326 | $185,600 | $74,500 | $111,100 |
| 2018 | $4,172 | $185,600 | $74,500 | $111,100 |
| 2017 | $4,018 | $185,600 | $74,500 | $111,100 |
| 2016 | $3,918 | $185,600 | $74,500 | $111,100 |
| 2015 | $3,829 | $185,600 | $74,500 | $111,100 |
| 2014 | $3,712 | $185,600 | $74,500 | $111,100 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Richter
-
Nicholas Dambrie
Buyer's Agent in 2023
Nicholas Dambrie
Keller Williams Realty
(207) 318-5451
1 in this area
177 Total Sales
Map
Source: Maine Listings
MLS Number: 1566671
APN: PTLD-000138-000000-D016001
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