$710,000
SOLD JAN 24, 2025

40 Mckinley Ct Portland, ME 04109

3 Beds
2.5 Baths
1,944 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

3% Below List Price

300 Days on Market

Highlights

  • Beach Access
  • Scenic Views
  • Victorian Architecture
  • The property is located in a historic district
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2025

This 3 BR, 2.5 BA island property located in Diamond Cove experienced a transformative renovation in 2022: modernizing an historic space, while preserving and celebrating an island's national landmark heritage. This includes custom milled and historically accurate wainscoting, period patterned pressed tin ceilings, and a monumental beam capturing Fort McKinley's unique story. New wiring, designer fixtures, new plumbing, new bathrooms and kitchen, Portuguese cork flooring, radiant floor heated yoga space, propane stove, new period cast iron radiators, custom plantation shutters throughout, and new high efficiency mechanicals and more make for a turnkey experience. 2nd level includes 3 bedrooms and 2 full baths, including a primary bedroom suite with access to a private deep covered porch. Enjoy the 1st level covered porch for dining, entertaining guests, and enjoying the island breezes. Being a member of the Diamond Cove community offers many amenities. A short walk to a heated pool, dining, tennis, marina, private beaches, fitness gym, historic bowling alley, and so much more. This year-round haven feels worlds away but is just 2 miles by ferry or private boat to Portland, Maine's largest city. A must see!

Last Agent to Sell the Property

Amy Farrell

Legacy Properties Sotheby's International Realty Listed on: 03/14/2024

Legacy Properties Sotheby's International Realty

Last Buyer's Agent

Caleigh Clausen

Dream Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,085

Year Built

  • Built in 1912

Lot Details

  • 1,307 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned ER

HOA Fees

  • $835 Monthly HOA Fees

Parking

  • No Driveway

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Slate Roof
  • Masonry

Interior Spaces

  • 1,944 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Scenic Vista Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Natural lighting in basement

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Beach Access
  • Nearby Water Access
  • Deep Water Access
  • Balcony
  • Porch

Location

  • The property is located in a historic district
  • Island Location

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Propane
  • Radiant Heating System
  • Baseboard Heating
  • Natural Gas Not Available
  • High-Efficiency Water Heater
  • Internet Available

Community Details

  • Diamond Cove Homeowners Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 136 / E
  • Assessor Parcel Number PTLD-000083E-E000136-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,085

Year Built

Built in 1912

Lot Details

0

HOA Fees

$835 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Diamond Cove Homeowners Association
  • Directions: Travel by Casco Bay Ferry or private boat from Portland to Diamond Cove marina. Travel Diamond Ave to the parade grounds. Property is last unit on right before Inn at Diamond Cove
  • Above Grade Finished Sq Ft: 1944.0
  • Architectural Style: Townhouse, Victorian
  • Garage Yn: No
  • Efficiency: Storm Windows, High Efficiency Water Heater
  • Year Built: 1912
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1944.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Daylight: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 835.0
  • Location Information:Fee Frequency Paid: Monthly
  • Roads:Private: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Suite17: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Amenities:Bathtub: Yes
  • Appliances Included:Wall Oven: Yes
  • Location:Historic District: Yes
  • Recreational Water:Nearby: Yes
  • Primary Bedroom Amenities:Double Vanities6: Yes
  • Room Features:Double Vanities17: Yes
  • Equipment:Internet Access Available: Yes
  • Driveway:No Driveway: Yes
  • Family Room:Family Room: Yes
  • Appliances Included:Gas Range: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • View:Fields: Yes
  • Water Info:Island3: Yes
  • Exterior:Brick: Yes
  • Heat System:Radiator: Yes
  • Transportation:Deep Water Access: Yes
  • Primary Bedroom Amenities:BalconyDeck6: Yes
  • Room Features:BalconyDeck17: Yes
  • Foundation Materials:Granite2: Yes
  • Recreational Water:Beach Rights: Yes
  • Energy Efficiency:High Efficiency Water Heater: Yes
  • Sewer:Quasi-Public: Yes
  • Roof:Slate: Yes
  • Energy Efficiency:Storm Windows: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Room Features:Gas Fireplace29: Yes
  • Style:Townhouse: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Gas Range, Dryer, Dishwasher
  • Has Basement: Daylight, Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bathtub, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Landscaped, Historic District
  • View: Fields, Scenic
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Foundation Details: Stone, Granite
  • Patio And Porch Features: Porch
  • Roof: Slate
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces

Utilities

  • Laundry Features: Upper Level
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Radiant, Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Quasi-Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 835.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: PTLD-000083E-E000136-000001
  • Zoning: ER

Tax Info

  • Tax Annual Amount: 5085.0
  • Tax Block: E
  • Tax Book Number: 38866
  • Tax Lot: 136
  • Tax Map Number: 83E
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jan 23, 2025
Sold by
Foster Tyler
Bought by
Mashos Carolyn A and Parmenter James
Seller's Agent
Amy Farrell
Legacy Properties Sotheby's International Realty
Buyer's Agent
Caleigh Clausen
Dream Home Realty LLC
List Price
$729,000
Sold Price
$710,000
Premium/Discount to List
-$19,000
-2.61%
Views
387
Current Estimated Value
$726,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,046
Avg. Annual Appreciation
3.78%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Debelius Charles A and Debelius Bettie P
Bought by
Keithly Oliver H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 $710,000 None Available
Warranty Deed $710,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $428,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $70,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $270,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $247,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $710,000 -2.6% $365 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
07/25/2024 07/25/24 For Sale $729,000 0.0% $375 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $729,000 -2.7% $375 / Sq Ft
03/21/2024 03/21/24 Price Changed $749,000 -3.9% $385 / Sq Ft
03/14/2024 03/14/24 For Sale $779,000 -- $401 / 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 $5,297 $352,900 $18,400 $334,500
2023 $5,085 $352,900 $18,400 $334,500
2022 $4,803 $352,900 $18,400 $334,500
2021 $4,584 $352,900 $18,400 $334,500
2020 $5,930 $254,400 $73,400 $181,000
2019 $5,930 $254,400 $73,400 $181,000
2018 $5,508 $254,400 $73,400 $181,000
2017 $5,508 $254,400 $73,400 $181,000
2016 $5,370 $254,400 $73,400 $181,000
2015 $4,865 $235,800 $73,400 $162,400
2014 $4,716 $235,800 $73,400 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1584112

Maine Listings

APN: PTLD-000083E-000000-E136001