NOT LISTED FOR SALE

98 Ocean Ave Portland, ME 04103

Back Cove Neighborhood

Estimated Value: $851,000 - $948,000

6 Beds
4 Baths
3,222 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $315,000 $98 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,358/month

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System
  • New Englander Architecture
  • No HOA
  • 3-minute walk to Heseltine Park

About This Home

As of September 2014

Open House Sunday 8/10/14 from 2-4. Amazing opportunity!!!! 2 family with a potential building lot as well. 5 bedroom unit & 2 bedroom unit. Separate heat & electric. Original details, built-ins, hardwood floors. Paved driveway and a terrific location.

Last Agent to Sell the Property

Steven Chicoine

Keller Williams Realty Listed on: 08/07/2014

Keller Williams Realty

Last Buyer's Agent

Lori Garon

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1859

Lot Details

  • 0.26 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3,222 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Parking

  • Driveway
  • Paved Parking

Location

  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 9 & 10 / B
  • Assessor Parcel Number 98Ocean AvenuePortland138B9 & 10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,006

Year Built

Built in 1859

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Ocean Ave to #98
  • Above Grade Finished Sq Ft: 3222.0
  • Architectural Style: New Englander
  • Year Built: 1859
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3222.0
  • Site:Corner Lot: Yes
  • 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:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Exterior:Aluminum Siding: Yes
  • Style:New Englander: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Wood, Vinyl
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 98Ocean AvenuePortland138B9 & 10
  • Zoning: R5

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6006.0
  • Tax Block: B
  • Tax Book Number: 26696
  • Tax Lot: 9 & 10
  • Tax Map Number: 138
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Muller Steve and Muller Stpehen
Bought by
Muller Ret
Current Estimated Value
$838,201

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 2, 2014
Sold by
Mcfarland Mark D and Mcfarland Wayne
Bought by
Muller Steve
Seller's Agent
Steven Chicoine
Keller Williams Realty
Buyer's Agent
Lori Garon
RE/MAX By The Bay
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$236,250
Interest Rate
4.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Muller Ret -- None Available
Muller Ret -- None Available
Muller Steve -- --
Muller Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muller Steve $236,250
Previous Owner Mcfarland Virginia D $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $315,000 0.0% $98 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $315,000 -- $98 / 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 $9,231 $615,000 $62,900 $552,100
2023 $8,862 $615,000 $62,900 $552,100
2022 $8,370 $615,000 $62,900 $552,100
2021 $7,989 $615,000 $62,900 $552,100
2020 $6,879 $295,100 $62,900 $232,200
2019 $6,879 $295,100 $62,900 $232,200
2018 $6,389 $295,100 $62,900 $232,200
2017 $6,389 $295,100 $62,900 $232,200
2016 $6,230 $295,100 $62,900 $232,200
2015 $6,088 $295,100 $62,900 $232,200
2014 $5,902 $295,100 $62,900 $232,200
Source: Public Records

Agents Affiliated with this Home

  • Steven Chicoine

    Seller's Agent in 2014

    Steven Chicoine

    Keller Williams Realty

    (207) 879-9800

    229 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lori Garon

    RE/MAX

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Map

Source: Maine Listings

MLS Number: 1149243

Maine Listings

APN: PTLD-000138-000000-B009001

Maine Cumberland County Portland 04103 Back Cove

98 Ocean Ave, Portland, ME

This home is located at 98 Ocean Ave, Portland, ME 04103 since 07 August 2014 and is currently estimated at $888,420, approximately $275 per square foot. This property was built in 1859. 98 Ocean Ave is a home located in Cumberland County with nearby schools including Ocean Avenue Elementary School, Lyman Moore Middle School, and Baxter Academy for Tech & Sciences.

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.

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