R
Seller's Agent in 2025
Randy Ferrell
Portside Real Estate Group
(207) 615-1513
4 in this area
152 Total Sales
774 Forest Ave Portland, ME 04103
Deering Center Neighborhood
--
Bed
5
Baths
3,013
Sq Ft
5,227
Sq Ft Lot
Highlights
- Ocean Front
- Deck
- Wood Flooring
- Nearby Water Access
- Property is near public transit
- New Englander Architecture
About This Home
As of June 2025Discover 774 Forest Ave — a well maintained three-unit building in one of Portland's most vibrant neighborhoods. The spacious first-floor unit has been updated with refinished hardwood floors, a fresh coat of paint, and a completely new ensuite bath. Both the first and second floor units offer over 1,100 square feet, featuring 3 bedrooms, 2 bathrooms, well-designed kitchens with center islands, and charming living rooms. The cozy third-floor unit offers a full kitchen, a living room, 1 bedroom, and 1 bathroom. Each unit has private laundry and its own electric meter. Outside, enjoy two driveways for easy parking, and a shed for handy storage. Just minutes to Deering Center, Woodford's Corner, Back Cove and downtown Portland, this location is close to fantastic local restaurants, award winning bakeries, and a few blocks from Baxter Woods trails — this is an exceptional investment opportunity or a perfect chance to live comfortably while your tenants help pay the mortgage.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,607
Year Built
- Built in 1910
Lot Details
- 5,227 Sq Ft Lot
- Ocean Front
- Level Lot
- Open Lot
Home Design
- New Englander Architecture
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Asbestos Siding
- Shingle Siding
- Asbestos
Interior Spaces
- 5 Full Bathrooms
- 3,013 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Laminate
- Tile
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Outdoor Features
- Nearby Water Access
- Deck
- Shed
- Porch
Location
- Property is near public transit
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Heating System Uses Steam
Listing and Financial Details
- Legal Lot and Block 16-001 / F
- Assessor Parcel Number PTLD-000137-F000016-000001
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $17,894
- Gross Income $71,613
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Jun 27, 2025
Sold by
Hoydis Michael and Thomson Annsley L
Bought by
Say Ferris and Kowalewski Alexandria
Seller's Agent
Randy Ferrell
Portside Real Estate Group
Buyer's Agent
Sylvia Rhodes
Fontaine Family-The Real Estate Leader
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$637,500
Outstanding Balance
$636,958
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,667
Purchase Details
Listed on
May 12, 2018
Closed on
Jun 29, 2018
Sold by
Ta Hoang and Le Oanh T
Bought by
Thomson Annsley L and Hoydis Michael
Seller's Agent
Teri Ouellette
Keller Williams Realty
Buyer's Agent
Randy Ferrell
Ocean Gate Realty, LLC.
List Price
$510,000
Sold Price
$520,000
Premium/Discount to List
$10,000
1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$390,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 3, 2014
Sold by
Goff Richard J and Goff Diane L
Bought by
Ta Hoang and Le Oanh T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | None Available | |
| Warranty Deed | $850,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $637,500 | Purchase Money Mortgage | |
| Closed | $637,500 | Purchase Money Mortgage | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $273,750 | New Conventional | |
| Previous Owner | $280,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | Sold | $850,000 | -2.9% | $282 / Sq Ft |
| 05/17/2025 05/17/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $875,000 | +68.3% | $290 / Sq Ft |
| 06/28/2018 06/28/18 | Sold | $520,000 | +2.0% | $173 / Sq Ft |
| 05/18/2018 05/18/18 | Pending | -- | -- | -- |
| 05/12/2018 05/12/18 | For Sale | $510,000 | -- | $169 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,607 | $506,800 | $82,700 | $424,100 |
| 2023 | $7,303 | $506,800 | $82,700 | $424,100 |
| 2022 | $6,898 | $506,800 | $82,700 | $424,100 |
| 2021 | $6,583 | $506,800 | $82,700 | $424,100 |
| 2020 | $6,235 | $267,500 | $86,400 | $181,100 |
| 2019 | $6,235 | $267,500 | $86,400 | $181,100 |
| 2018 | $5,791 | $267,500 | $86,400 | $181,100 |
| 2017 | $5,791 | $267,500 | $86,400 | $181,100 |
| 2016 | $5,647 | $267,500 | $86,400 | $181,100 |
| 2015 | $5,519 | $267,500 | $86,400 | $181,100 |
| 2014 | $5,350 | $267,500 | $86,400 | $181,100 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Ferrell
-
Sylvia Rhodes
Buyer's Agent in 2025
Sylvia Rhodes
Fontaine Family-The Real Estate Leader
(615) 491-2001
1 in this area
37 Total Sales
-
Teri Ouellette
T
Seller's Agent in 2018
Teri Ouellette
Keller Williams Realty
(207) 671-2408
4 in this area
109 Total Sales
Map
Source: Maine Listings
MLS Number: 1620817
APN: PTLD-000137-000000-F016001
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.
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
- 25 Pleasant Ave
- 44 Pleasant Ave
- 57 Pleasant Ave Unit 57
- 53 Clinton St
- 156 Woodford St
- 44 Hersey St
- 29 Chenery St
- 24 Bay View Dr
- 121 Ocean Ave
- 68 Revere St
- 147 Pleasant Ave Unit 6
- 147 Pleasant Ave Unit 4
- 147 Pleasant Ave Unit 2
- 147 Pleasant Ave Unit 1
- 611 Forest Ave
- 83 Vannah Ave
- 131 Beacon St
- 206 Coyle St Unit 1
- 28 Lawn Ave
- 194 Walton St