NOT LISTED FOR SALE

72 Ocean St Unit 304 South Portland, ME 04106

Knightville Neighborhood

Estimated Value: $641,000 - $696,000

2 Beds
2 Baths
1,540 Sq Ft
$250/mo HOA Fee

Last Sold September 13, 2013

Last sale price $300,000 $195 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,361/month

3 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Newly Remodeled
  • Property is near public transit
  • Birmingham Covington School Rated A
  • 1.15 Acre Lot
  • 3-minute walk to South Portland Farmers' Market

About This Home

As of September 2013

Stunning, open concept condo w/ an abundance of natural light. Offers 2 bedrooms, 2 bathrooms, granite counter tops in kitchen, & hardwood floors. Set in beautiful oceanfront location w/ easy access to Legion Square/ Mill Creek amenities.

Last Agent to Sell the Property

David Banks

RE/MAX By The Bay Listed on: 08/07/2013

RE/MAX By The Bay

Last Buyer's Agent

Mike Duvernay

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 200 Feet of Waterfront
  • Ocean Front
  • Landscaped
  • Open Lot

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Brick Exterior Construction
  • Concrete Foundation
  • Membrane Roofing
  • Wood Siding
  • Concrete Fiber Board Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,540 Sq Ft Home
  • Gas Fireplace
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Driveway
  • Paved Parking

Accessible Home Design

  • Level Entry For Accessibility

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 304 / 113
  • Assessor Parcel Number 72Ocean Street304SouthPor15113304

Community Details

Overview

  • 27 Units
  • Mill Cove Landing Condo Association Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,817

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.15
  • Road Surface Type: Paved
  • Water Body Name: Mill Cove
  • MLS Status: Closed
  • Subdivision Name: Mill Cove Landing Condo Association
  • Directions: Broadway to Ocean Street, #74 between C Street and D Street.
  • Above Grade Finished Sq Ft: 1540.0
  • Architectural Style: Garden
  • New Construction: Yes
  • Year Built: 2007
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 194.81
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.15
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1540.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 27
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Property Condition:New Construction: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Exterior:Brick: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Exterior:Fiber Cement: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Under: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Living Room Amenities:Gas Fireplace5: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Stunning, open concept condo w/ an abundance of natural light. Offers 2 bedrooms, 2 bathrooms, granite counter tops in kitchen, & hardwood floors. Set in beautiful oceanfront location w/ easy access to Legion Square/ Mill Creek amenities.
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Level Entry
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Primary Bedroom w/Bath

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Wood Siding, Fiber Cement, Brick
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50094.0
  • Parcel #: 72Ocean Street304SouthPor15113304
  • Zoning: VR

Multi Family

  • Number Of Units In Community: 27

Tax Info

  • Tax Annual Amount: 3817.0
  • Tax Block: 113
  • Tax Lot: 304
  • Tax Year: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 17, 2013
Sold by
Spencer Richard H and Spencer Donna
Bought by
Duvernay Michel J and Duvernay Christina J
Seller's Agent
David Banks
RE/MAX By The Bay
Buyer's Agent
Mike Duvernay
Coldwell Banker Realty
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%
Current Estimated Value
$671,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,728
Avg. Annual Appreciation
6.81%
Original Mortgage
$240,000
Outstanding Balance
$179,308
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$492,420

Purchase Details

Closed on
Sep 14, 2012
Sold by
Mill Cove Landing Llc
Bought by
Spencer Richard H and Spencer Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,920
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Duvernay Michel J -- --
Spencer Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duvernay Michel J $240,000
Previous Owner Spencer Richard H $219,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $300,000 -3.2% $195 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $310,000 -- $201 / 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 $6,890 $522,000 $255,000 $267,000
2023 $5,585 $395,000 $193,800 $201,200
2022 $5,539 $356,000 $155,000 $201,000
2021 $5,233 $356,000 $155,000 $201,000
2020 $5,528 $279,900 $131,300 $148,600
2019 $5,346 $279,900 $131,300 $148,600
2018 $5,178 $279,900 $131,300 $148,600
2017 $4,925 $273,600 $125,000 $148,600
2016 $4,843 $273,600 $125,000 $148,600
2015 $4,761 $273,600 $125,000 $148,600
2014 -- $233,600 $85,000 $148,600
2013 $3,818 $228,600 $80,000 $148,600
Source: Public Records

Agents Affiliated with this Home

  • David Banks

    Seller's Agent in 2013

    David Banks

    RE/MAX

    (207) 773-2345

    1 in this area

    1,022 Total Sales

    David Banks
    Section Image

  • M

    Buyer's Agent in 2013

    Mike Duvernay

    Coldwell Banker Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1105743

Maine Listings

APN: SPOR-000015-000304-000113

Maine Cumberland County South Portland 04106 Knightville

72 Ocean St Unit 304, South Portland, ME

Not Listed for Sale

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