NOT LISTED FOR SALE

38 Ocean Ave Unit 1 Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $433,207 - $502,000

3 Beds
1 Bath
1,186 Sq Ft
$160/mo HOA Fee

Last Sold November 13, 2017

Last sale price $224,900 $190 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,935/month

20 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Property is near public transit
  • New Englander Architecture
  • 1-minute walk to Heseltine Park

About This Home

As of November 2017

Charming 3 bedroom, first floor condo with its own laundry room just a few blocks from beautiful Back Cove! There are many unique touches you'll love including built-ins in the dining room and a tiled bath with claw-foot tub. The unit also features light filled rooms , a front deck, a fenced-in backyard, a dedicated storage unit and off street parking for two cars. Easy walking distance to some of Portland's best new restaurants (TIPO, Woodford F&B).

Last Agent to Sell the Property

Elise Loschiavo

Vitalius Real Estate Group, LLC Listed on: 09/15/2017

Last Buyer's Agent

Jean Murphy Richard Murphy

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1912

Lot Details

  • Fenced
  • Landscaped
  • Open Lot
  • Land Lease

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • New Englander Architecture
  • Flat Roof Shape
  • Stone Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number PTLD-000129-000000-B005001

Community Details

Overview

  • 3 Units
  • Ocean Place Condominium Association Subdivision

Amenities

  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,766

Year Built

Built in 1912

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Ocean Place Condominium Association
  • Directions: Forest Ave, right on Ocean, Property on Left.
  • Above Grade Finished Sq Ft: 1186.0
  • Architectural Style: Multi-Level, New Englander
  • Year Built: 1912
  • Location Information:Leased Land: Yes
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.12
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1186.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 160.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 3
  • Driveway:Common2: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Heat Fuel:Gas Natural: Yes
  • Basement Entry:Doghouse: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Radiator: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Roof:Flat: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Doghouse, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Other
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Flat
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Radiator, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 5227.2
  • Parcel #: PTLD-000129-000000-B005001
  • Zoning: B2

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3766.0
  • Tax Block: B
  • Tax Book Number: 28539
  • Tax Lot: 5
  • Tax Map Number: 129
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 14, 2017
Sold by
Laberge Jennifer A
Bought by
Brown Marcia R
Seller's Agent
Elise Loschiavo
Vitalius Real Estate Group, LLC
Buyer's Agent
Jean Murphy Richard Murphy
Coldwell Banker Realty
List Price
$230,000
Sold Price
$224,900
Premium/Discount to List
-$5,100
-2.22%
Current Estimated Value
$461,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,152
Avg. Annual Appreciation
9.53%

Purchase Details

Closed on
May 4, 2007
Sold by
Maclearn Theresa A
Bought by
Laberge Jennifer A and Manganelli Nicole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Outstanding Balance
$111,311
Interest Rate
6.23%
Mortgage Type
Unknown
Estimated Equity
$349,741
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Marcia R -- --
Laberge Jennifer A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laberge Jennifer A $182,400
Closed Laberge Jennifer A $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $224,900 -2.2% $190 / Sq Ft
10/06/2017 10/06/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $230,000 -- $194 / 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 $3,967 $264,300 $52,860 $211,440
2023 $3,809 $264,300 $52,860 $211,440
2022 $3,597 $264,300 $52,860 $211,440
2021 $3,433 $264,300 $52,860 $211,440
2020 $4,159 $178,400 $35,700 $142,700
2019 $4,159 $178,400 $35,700 $142,700
2018 $4,010 $178,400 $35,700 $142,700
2017 $3,862 $178,400 $35,700 $142,700
2016 $3,766 $178,400 $35,700 $142,700
2015 $3,680 $178,400 $35,700 $142,700
2014 $3,568 $178,400 $35,700 $142,700
Source: Public Records

Agents Affiliated with this Home

  • Elise Loschiavo

    Seller's Agent in 2017

    Elise Loschiavo

    Vitalius Real Estate Group, LLC

    (617) 270-3593

    5 in this area

    230 Total Sales

    Elise Loschiavo
    Section Image

  • J

    Buyer's Agent in 2017

    Jean Murphy Richard Murphy

    Coldwell Banker Realty

  • Richard Murphy

    Buyer's Agent in 2017

    Richard Murphy

    Harborview Properties, Inc.

    (207) 712-4796

    1 in this area

    48 Total Sales

    Richard Murphy
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1326116

Maine Listings

APN: PTLD-000129-000000-B005001

Maine Cumberland County Portland 04103 Back Cove

38 Ocean Ave Unit 1, Portland, ME

This home is located at 38 Ocean Ave Unit 1, Portland, ME 04103 since 15 September 2017 and is currently estimated at $461,052, approximately $388 per square foot. This property was built in 1912. 38 Ocean Ave Unit 1 is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and Baxter Academy for Tech & Sciences.

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.

Maine Listings 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