NOT LISTED FOR SALE

72 Ocean St Unit 307 South Portland, ME 04106

Knightville Neighborhood

Estimated Value: $636,000 - $701,000

2 Beds
2 Baths
1,457 Sq Ft
$350/mo HOA Fee

Last Sold November 29, 2021

Last sale price $525,000 $360 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,413/month

19 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • Birmingham Covington School Rated A
  • Wood Flooring
  • 3-minute walk to South Portland Farmers' Market

About This Home

As of November 2021

Located in the desirable Knightville neighborhood, this two-bedroom/two-bath condo, with sought-after elevator access, provides third-floor single-level carefree living. With 9-foot ceilings, oak floors, custom wainscoting, a gas fireplace, office/den, luxurious master bath with step-in shower, and chef's kitchen, this unit has it all. The association has 200 feet of shared ocean frontage, beautifully landscaped green space for gathering, kayak racks, bicycle storage, and is located just a short walk to restaurants, shops, and grocery stores.

Last Agent to Sell the Property

Mike Duvernay

Regency Realty Group Listed on: 09/20/2021

Last Buyer's Agent

Whitney Harvey

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,124

Year Built

  • Built in 2009

Lot Details

  • Landscaped
  • Open Lot
  • Sprinkler System

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Slab Foundation
  • Steel Frame
  • Membrane Roofing
  • Clap Board Siding
  • Vertical Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,457 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • Carport
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Reserved Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 113 / 0307
  • Assessor Parcel Number SPOR-000015-000307-000113

Community Details

Overview

  • 31 Units
  • Mill Cove Landing Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,124

Year Built

Built in 2009

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Mill Cove Landing
  • Directions: Cross Casco Bay Bridge from Portland, turn left at second light on to Ocean Street. Building is located at 72 Ocean Street.
  • Above Grade Finished Sq Ft: 1457.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built: 2009
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 376.12
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1457.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 31
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Exterior:Clapboard: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Appliances Included:Gas Range: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Laundry Room:Laundry Room: Yes
  • Accessibilitiy Amenities:ElevatorChair Lift: Yes
  • Den:Den: Yes
  • Construction:Steel Frame: Yes
  • Roof:Membrane: Yes
  • Vehicle Storage:Carport: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Misc Amenities Sprinkler: Yes
  • Exterior:Vertical Siding: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Advertising Remarks:Advertising Remarks: Located in the desirable Knightville neighborhood, this two-bedroom/two-bath condo, with sought-after elevator access, provides third-floor single-level carefree living. With 9-foot ceilings, oak floors, custom wainscoting, a gas fireplace, luxurious master bath with step-in shower, and chef's kitchen, this unit has it all. The association has 200 feet of shared ocean frontage, beautifully landscaped green space for gathering, kayak racks, bicycle storage, and is located just a short walk to restaurants, shops, and grocery stores.
  • Special Features: None

Interior Features

  • Appliances: Other, Washer, Refrigerator, Microwave, Gas Range, Dryer, Disposal, Dishwasher
  • Accessibility Features: Elevator/Chair Lift, Level Entry
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator Passenger, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Landscaped, Intown, Near Shopping, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vertical Siding, Concrete, Clapboard, Steel Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Membrane

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Sprinkler, Fire System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Schools

  • Junior High Dist: South Portland Public Schools

Lot Info

  • Land Lease: No
  • Parcel #: SPOR-000015-000307-000113
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 31

Tax Info

  • Tax Annual Amount: 5124.0
  • Tax Block: 0307
  • Tax Lot: 113
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 29, 2021
Sold by
Benton Jeffrey M and Benton Bette T
Bought by
Griffin John P and Griffin Devdra D
Seller's Agent
Mike Duvernay
Regency Realty Group
Buyer's Agent
Whitney Harvey
Keller Williams Realty
List Price
$548,000
Sold Price
$525,000
Premium/Discount to List
-$23,000
-4.2%
Current Estimated Value
$664,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,643
Avg. Annual Appreciation
6.07%
Original Mortgage
$498,750
Outstanding Balance
$458,596
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,047

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 2, 2017
Sold by
Bakke Arthur J and Bakke Jane P
Bought by
Benton Jeffrey M and Benton Bette T
Seller's Agent
Mike Duvernay
Regency Realty Group
Buyer's Agent
Jennifer Merrill
Keller Williams Realty
List Price
$425,000
Sold Price
$388,000
Premium/Discount to List
-$37,000
-8.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$88,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 30, 2012
Closed on
Oct 15, 2012
Sold by
Mill Cove Landing Llc
Bought by
Bakke Arthur J and Bakke Jane P
Seller's Agent
Susan Girouard
L&S Realty
Buyer's Agent
Susan Girouard
L&S Realty
List Price
$274,900
Sold Price
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
Original Mortgage
$219,920
Interest Rate
3.59%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Griffin John P -- None Available
Benton Jeffrey M -- --
Bakke Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin John P $498,750
Previous Owner Benton Jeffrey M $88,000
Previous Owner Bakke Arthur J $219,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $525,000 -4.2% $360 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $548,000 +41.2% $376 / Sq Ft
10/31/2017 10/31/17 Sold $388,000 -8.7% $266 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $425,000 +54.6% $292 / Sq Ft
10/12/2012 10/12/12 Sold $274,900 0.0% $179 / Sq Ft View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $274,900 -- $179 / 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 $6,760 $512,100 $255,000 $257,100
2023 $5,481 $387,600 $193,800 $193,800
2022 $5,424 $348,600 $155,000 $193,600
2021 $5,124 $348,600 $155,000 $193,600
2020 $5,421 $274,500 $131,300 $143,200
2019 $5,243 $274,500 $131,300 $143,200
2018 $5,078 $274,500 $131,300 $143,200
2017 $4,828 $268,200 $125,000 $143,200
2016 $4,747 $268,200 $125,000 $143,200
2015 $4,667 $268,200 $125,000 $143,200
2014 -- $228,200 $85,000 $143,200
2013 $3,727 $223,200 $80,000 $143,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Duvernay

    Seller's Agent in 2021

    Mike Duvernay

    Regency Realty Group

    (207) 233-5949

    3 in this area

    15 Total Sales

    Mike Duvernay
    Section Image

  • W

    Buyer's Agent in 2021

    Whitney Harvey

    Keller Williams Realty

  • J

    Buyer's Agent in 2017

    Jennifer Merrill

    Keller Williams Realty

  • S

    Seller's Agent in 2012

    Susan Girouard

    L&S Realty

    (207) 233-4913

    114 Total Sales

    Susan Girouard
    Section Image
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Map

Source: Maine Listings

MLS Number: 1509420

Maine Listings

APN: SPOR-000015-000307-000113

Maine Cumberland County South Portland 04106 Knightville

72 Ocean St Unit 307, South Portland, ME

Not Listed for Sale

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