362 Island Ave, Portland, ME, 04108

$1,150,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,197 SqFt
House
Schools Nearby

Location

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362 Island Ave, Portland$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking1 - 4 Spaces, Gravel, Off Street
Year Built1895
HeatingHeat Pump, Ductless, Baseboard
CoolingHeat Pump
BasementYes
WaterfrontBay, Ocean Front
ViewScenic
MLS #1584850
Lot Size0.13 Acres
StatusAccepting Backup Offers

About 362 Island Ave

Supremely cared for 2 BR, 2 BA cottage on Peaks Island overlooks Diamond Pass, Casco Bay, and the beautiful Portland skyline. Six light-filled rooms radiate classic charm with painted beadboard walls and ceilings, beautiful hardwood flooring, French doors, balconies, porches, high and/or vaulted ceilings, and built-ins. The lovely, 2012, Indisco-designed Kitchen utilizes every inch of floor-to-ceiling space with deep drawers, rollouts & cubbies. The spacious, fireplaced living room opens on one side to a formal dining room - and to a cozy, step-down den on another. The primary suite combines comfort + style + views to create an island oasis. Numerous updates include three heat pumps, Anderson windows and doors, insulation, plumbing & electrical, rebuilt chimney, roofing, brick patio, cedar fencing, lattice work, shed, stonework and more. The charm extends beyond the walls to a level lot that benefits from all day sun exposure. Putter in the raised beds, entertain on the lawn, relax on the porches, or brick patio. West facing views will treat you to dazzling sunsets. Nestled among neighbors, this property is just a short stroll to TEIA where many enriching events are hosted. Peaks Island is a 15-minute ferry ride to Portland's bustling Old Port. This home is easy to show and move-in ready!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1895
  • Living Area: 1,197 SqFt

Listing Office:

  • Office Name: Portside Real Estate Group
  • Office Phone: (207) 536-4222

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Basement: Yes
  • Interior: Bathtub, Shower, Primary Bedroom w/Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay, Ocean Front
  • View: Scenic
  • Exterior: Fence, Deck, Patio, Porch, Screened Porch

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 362 Island Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Landscaped, Other
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Ductless, Baseboard
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Portland High School, Public District Grades 9-12
  • Deering High School, Public District Grades 9-12
  • Casco Bay High School, Public District Grades 9-12
  • King Middle School, Public District Grades 6-8
  • Howard C Reiche Community School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000

Tax Information:

  • Annual Amount: $6,821
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1584850

Listing Office:

  • Office Name: Portside Real Estate Group
  • Office Phone: (207) 536-4222

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,821$292,600
2019$6,821$292,600
2018$6,578$292,600
2017$6,335$292,600

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1743809
3
/10

  • Howard C Reiche Community School

  • 166 Brackett St

  • 3.74 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1743810
3
/10

  • King Middle School

  • 92 Deering Ave

  • 4.01 miles

  • Public District Grades 6-8

High School

school-card-donut-1743811
5
/10

  • Portland High School

  • 284 Cumberland Ave

  • 3.22 miles

  • Public District Grades 9-12

school-card-donut-1743812
6
/10

  • Deering High School

  • 370 Stevens Ave

  • 5.09 miles

  • Public District Grades 9-12

school-card-donut-1743813
6
/10

  • Casco Bay High School

  • 196 Allen Ave

  • 5.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 362 Island Ave

What is the listing price of this property?

The listing price of 362 Island Ave property is $1,150,000.

What type of property is this?

The property 362 Island Ave is a house located in Portland, Maine, 04108.

Is this property for sale now?

Accepting Backup Offers: 362 Island Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 362 Island Ave are:
Howard C Reiche Community School: GreatSchools Rating 3/10
King Middle School: GreatSchools Rating 3/10
Portland High School: GreatSchools Rating 5/10
Deering High School: GreatSchools Rating 6/10
Casco Bay High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,821 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 362 Island Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 362 Island Ave is 1,197 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 362 Island Ave is 1895.

Rocket Homes›Maine›Cumberland County›Portland›04108›362 Island Ave

This home is located at 362 Island Ave in Portland, ME and zip code 04108. This 1,197 square foot home, which was built in 1895, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $1,150,000.

From Rocket Homes Real Estate and based on county public records data.

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