NOT LISTED FOR SALE

766 Ocean Ave Portland, ME 04103

North Deering Neighborhood

Estimated Value: $554,000 - $878,000

4 Beds
3.5 Baths
2,928 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $625,000 $213 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,612/month

9 Days on Market

Highlights

  • 0.75 Acre Lot
  • Property is near public transit
  • Wood Flooring
  • Deck
  • Wooded Lot
  • No HOA

About This Home

As of October 2021

This solid three unit is located in a desirable North Deering location. The building sits well back from the road on a large lot with ample off street parking. Fully occupied with good cash flow. Larger 2 bedroom, 2 bath unit would be ideal for owner occupied. Close to shopping, restaurants and just 5 minutes to downtown Portland. 48 hour notice required for all showings.

Last Agent to Sell the Property

Katherine Hooper

Bean Group Listed on: 08/10/2021

Last Buyer's Agent

Ethan Morton

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,956

Year Built

  • Built in 1986

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Open Lot
  • Wooded Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot A-13
  • Assessor Parcel Number PTLD-000416-A000013-000001

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $17,296
  • Gross Income $48,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,956

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Washington Ave, take Ocean Ave. #766 is on the left
  • Above Grade Finished Sq Ft: 2928.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1986
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.75
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2928.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Exterior:Vinyl Siding: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 48600.0
  • Income Expenses Operating Expenses: 17296.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Gas:Natural - At Street: Yes
  • Basement:Slab2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Tile, Carpet

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Near Shopping, Near Turnpike/Interstate, Near Public Transit
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Baseboard
  • 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: 32670.0
  • Parcel #: PTLD-000416-A000013-000001
  • Zoning: R3

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 48600.0
  • Annual Operating Expense: 17296.0

Tax Info

  • Tax Annual Amount: 7956.0
  • Tax Book Number: 19165
  • Tax Lot: A-13
  • Tax Map Number: 416
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 21, 2021
Sold by
Carr William H and Carr Linda R
Bought by
Rossignol Nathan T and Rossignol Kenneth
Seller's Agent
Katherine Hooper
Bean Group
Buyer's Agent
Ethan Morton
Keller Williams Realty
List Price
$615,000
Sold Price
$625,000
Premium/Discount to List
$10,000
1.63%
Total Days on Market
9
Current Estimated Value
$727,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,103
Avg. Annual Appreciation
5.80%
Original Mortgage
$613,679
Outstanding Balance
$569,243
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$197,336
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
Rossignol Nathan T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossignol Nathan T $613,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $625,000 +1.6% $213 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $615,000 -- $210 / 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 $6,367 $424,200 $89,900 $334,300
2023 $6,113 $424,200 $89,900 $334,300
2022 $5,773 $424,200 $89,900 $334,300
2021 $5,510 $424,200 $89,900 $334,300
2020 $7,956 $341,300 $91,000 $250,300
2019 $7,956 $341,300 $91,000 $250,300
2018 $7,672 $341,300 $91,000 $250,300
2017 $7,389 $341,300 $91,000 $250,300
2016 $7,205 $341,300 $91,000 $250,300
2015 $7,041 $341,300 $91,000 $250,300
2014 $6,826 $341,300 $91,000 $250,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Katherine Hooper

    Bean Group

  • E

    Buyer's Agent in 2021

    Ethan Morton

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1504509

Maine Listings

APN: PTLD-000416-000000-A013001

Maine Cumberland County Portland 04103 North Deering

766 Ocean Ave, Portland, ME

This home is located at 766 Ocean Ave, Portland, ME 04103 since 10 August 2021 and is currently estimated at $727,103, approximately $248 per square foot. This property was built in 1986. 766 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.
© 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