$430,000
SOLD JUN 21, 2019

700 Ocean Ave Portland, ME 04103

North Deering Neighborhood
-- Bed
3 Baths
2,644 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

1% Above List Price

1 Day on Market

Highlights

  • Access to Tidal Water
  • Wooded Lot
  • Main Floor Bedroom
  • Colonial Architecture
  • Wood Flooring
  • Attic

About This Home

As of June 2022

Portland three unit with two spacious 2- or 3-bedroom units and one 1-bedroom attic unit. Well maintained, with hardwood floors, full basement for storage and off-street parking. Great location-just minutes to I-295, Maine Turnpike and downtown Portland. A great owner-occupy with positive cash flow.

Last Agent to Sell the Property

Kimberly Tarbox

EXP Realty Listed on: 04/08/2019

Last Buyer's Agent

Susan Kendeigh

Vitalius Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,481

Year Built

  • Built in 1904

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Brick Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,644 Sq Ft Home
  • 3-Story Property
  • Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Access to Tidal Water
  • Nearby Water Access

Location

  • City Lot

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot A3
  • Assessor Parcel Number PTLD-000412-000000-A003001

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • The community has rules related to deed restrictions

Amenities

  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,481

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Washington Avenue, north on Ocean Avenue. #700 is on the left.
  • Above Grade Finished Sq Ft: 2644.0
  • Architectural Style: Colonial, New Englander
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1904
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2644.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:BrickMortar2: Yes
  • Building Info:_pound_ Stories2: 3
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Recreational Water:Waterfront Tidal: Yes
  • Style:New Englander: Yes
  • Cooling:AC Units: Yes
  • Building Info:_pound_ Floors3: 3
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Doghouse, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl
  • Interior Amenities: 1st Floor Bedroom, Attic, Bathtub, Shower, Storage
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air
  • 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: 6969.6
  • Parcel #: PTLD-000412-000000-A003001
  • Zoning: R3

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5481.0
  • Tax Book Number: 29554
  • Tax Lot: A3
  • Tax Map Number: 412
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jun 10, 2022
Sold by
Weber Amanda and Weber Daniel
Bought by
Eck Joshua R
Seller's Agent
Daniel Weber
Portside Real Estate Group
Buyer's Agent
Nicholas Laverriere
Keller Williams Realty
List Price
$745,000
Sold Price
$745,000
Current Estimated Value
$804,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,541
Avg. Annual Appreciation
2.26%
Original Mortgage
$596,000
Outstanding Balance
$570,344
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,477

Purchase Details

Listed on
Apr 8, 2019
Closed on
Jun 21, 2019
Sold by
Russell Richard A and Russell Meredith B
Bought by
Weber Daniel and Weber Amanda
Seller's Agent
Kimberly Tarbox
EXP Realty
Buyer's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.33%
Original Mortgage
$422,211
Interest Rate
4.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $745,000 None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $596,000 Purchase Money Mortgage
Previous Owner $515,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $428,530 FHA
Previous Owner $422,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 For Sale $745,000 0.0% $282 / Sq Ft
06/10/2022 06/10/22 Sold $745,000 +73.3% $282 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
06/21/2019 06/21/19 Sold $430,000 +1.2% $163 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $425,000 -- $161 / 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 $7,169 $477,600 $66,300 $411,300
2023 $6,680 $463,600 $66,300 $397,300
2022 $6,310 $463,600 $66,300 $397,300
2021 $6,022 $463,600 $66,300 $397,300
2020 $5,683 $243,800 $66,300 $177,500
2019 $5,683 $243,800 $66,300 $177,500
2018 $5,278 $243,800 $66,300 $177,500
2017 $5,278 $243,800 $66,300 $177,500
2016 $5,147 $243,800 $66,300 $177,500
2015 $5,030 $243,800 $66,300 $177,500
2014 $4,876 $243,800 $66,300 $177,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Weber

    Portside Real Estate Group

  • N

    Buyer's Agent in 2022

    Nicholas Laverriere

    Keller Williams Realty

    (207) 284-3043

    3 in this area

    72 Total Sales

    Section Image

  • K

    Seller's Agent in 2019

    Kimberly Tarbox

    EXP Realty

  • S

    Buyer's Agent in 2019

    Susan Kendeigh

    Vitalius Real Estate Group, LLC

See All Agents

Map

Source: Maine Listings

MLS Number: 1409462

Maine Listings

APN: PTLD-000412-000000-A003001

Maine Cumberland County Portland 04103 North Deering

700 Ocean Ave, Portland, ME

This home is located at 700 Ocean Ave, Portland, ME 04103 and is currently priced at $430,000, approximately $162 per square foot. This property was built in 1904. 700 Ocean Ave is a home located in Cumberland County with nearby schools including Lyman Moore Middle School, St. Brigid School, and Levey Day School.

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.
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