387 Commercial St Unit 434, Portland, ME, 04101

$1,465,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,615 SqFt
Condo
Schools Nearby

Location

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387 Commercial St Unit 434, Portland$1,465,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 - 4 Spaces, Paved, Common, On Site, Inside Entrance
Garage1 space
Year Built2023
HeatingRadiant, Zoned, Heat Pump, Forced Air
CoolingCentral Air
WaterfrontOcean Front
ViewScenic
MLS #1509631
StatusActive

About 387 Commercial St Unit 434

Hobson's Landing at 383 Commercial Street redefined luxury living on Portland's peninsula. Phase 2, which will be comprised of 64 units, is now underway. A variety of floor plans consisting of 1,2- and 3 bedroom units are available, with prices that range from $425,000 to $2,950,000. All units feature hardwood throughout, 9 ft. ceilings, gas fireplace, radiant heat in master bathroom and private decks. Amenities include lobby with concierge, clubroom with a fireplace, deck, and full kitchen, fitness room, dog wash, reservable guest suite, shared Tesla and bikes, and spacious courtyards. Garage parking is available at $35000 or $43,500 with an electric vehicle charging station. Occupancy Spring/Summer 2024! Take this opportunity to make Hobsons Landing your new home in an iconic waterfront city!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 1,615 SqFt

Listing Office:

  • Office Name: Town & Shore Real Estate
  • Office Phone: (207) 773-0262

Interior Features

Interior Information:

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Disposal, Dishwasher
  • Basement: No
  • Interior: Walk-in Closets, Elevator Passenger, 1st Floor Primary Bedroom w/Bath, One-Floor Living, Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Scenic
  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: 1 - 4 Spaces, Paved, Common, On Site, Inside Entrance

Lot Features

Lot Information:

  • Lot: Sidewalk, Landscaped

Utilities

Utilities Information:

  • Heating: Radiant, Zoned, Heat Pump, Forced Air
  • Cooling: Central Air

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
  • East End Community School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,465,000

HOA Fees:

  • Amount: $523
  • Frequency: Monthly
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1509631

Listing Office:

  • Office Name: Town & Shore Real Estate
  • Office Phone: (207) 773-0262

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: 3/28/2024, 5:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,902

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-7653265
3
/10
  • Howard C Reiche Community School

  • 166 Brackett St

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-7653266
3
/10
  • East End Community School

  • 195 North St

  • 1.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7653267
3
/10
  • King Middle School

  • 92 Deering Ave

  • 0.94 miles

  • Public District Grades 6-8

High School

school-card-donut-7653268
5
/10
  • Portland High School

  • 284 Cumberland Ave

  • 0.53 miles

  • Public District Grades 9-12

school-card-donut-7653269
6
/10
  • Deering High School

  • 370 Stevens Ave

  • 2.38 miles

  • Public District Grades 9-12

school-card-donut-7653270
6
/10
  • Casco Bay High School

  • 196 Allen Ave

  • 3.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Living In Downtown, Portland

What type of housing is available in Downtown, Portland?

Large apartment buildings are the predominant housing type, representing around 80% of buildings in Downtown, while small apartment buildings are also present in the housing stock. This neighborhood offers mainly lofts and one bedroom homes. About 90% of the population of this neighborhood rent their home and 10% are owners. This area experienced its most significant building boom before the 1960s, so most of the available properties are from this era.

Is Downtown, Portland a good place to live?

Finding things to do is easy in Downtown. Despite the fact that there are many people around most of the time, there are relatively few nearby entertainment venues, and with its approximately 20 bars, there are options for nighttime activities. This part of Portland-South Portland is a reasonably good area for those who aren't bothered by some noise, as during rush hour, traffic can occasionally be loud, and there can also be a fair amount of noise from businesses, although that is not the case everywhere in the neighborhood.

Are things conveniently located in Downtown, Portland?

A general and a specialty grocery store is always only a very short walk away in Downtown. Likewise, thanks to 200-odd restaurants and cafes in Downtown, there is usually a place to get a meal or a beverage just around the corner. It is also a reasonably short distance to a decent selection of clothing stores. Regarding education, it is a rather short walk to get to both primary and secondary schools from any location in Downtown.

What does the transportation in Downtown, Portland look like?

Walking is very feasible for residents in Downtown; all common errands can be run on foot, and various businesses are quite close by. This area is also reasonably car friendly. It is a short drive to the closest highway from any home in Downtown, and it is easy to access a parking spot.

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Frequently Asked Questions About 387 Commercial St Unit 434

What is the listing price of this property?

The listing price of 387 Commercial St Unit 434 property is $1,465,000.

What type of property is this?

The property 387 Commercial St Unit 434 is a condo located in Portland, Maine, 04101.

Is this property for sale now?

Active Listing: 387 Commercial St Unit 434 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 387 Commercial St Unit 434 are:
Howard C Reiche Community School: GreatSchools Rating 3/10
East End 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

How many bedrooms and bathrooms does this property have?

The property at 387 Commercial St Unit 434 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 387 Commercial St Unit 434 is 1,615 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 387 Commercial St Unit 434 is 2023.

Rocket Homes›Maine›Cumberland County›Portland›04101›387 Commercial St Unit 434

This home is located at 387 Commercial St Unit 434 in Portland, ME and zip code 04101 in the Downtown neighborhood. This 1,615 square foot home was built in 2023. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $1,465,000.

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

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