Closed

$489,000

1038 Ocean Avenue, Portland, ME 04103

3beds

1,276sqft

Single Family Residence

Built in 1994

0.57 Acres Lot

$490,500 Zestimate^®

$383/sqft

$3,158 Estimated rent

Home value

$490,500

$451,000 - $530,000

$3,158/mo

Zestimate^® history

Owner options

List your home for rent

$3,158/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,158/mo

Rent Zestimate^®

Refinance and save

$3,032/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,032/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Step into effortless single floor living on this beautifully updated 3 bedroom, 2 full bathroom ranch, nestled on just over half an acre. The open-concept layout welcomes you with vaulted ceilings, leading to large living and dining areas and a kitchen perfect for gathering, including custom cabinetry, granite countertops, oversized island, and a gas stove. A rare find in this style of home, the true primary suite features a private retreat complete with a full bathroom, including tile shower. Two additional bedrooms and a second full bath complete the home. The large back deck overlooks the expansive, fully fenced-in yard. Efficient heat pumps provides year-round comfort, making this home as practical as it is inviting.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Full Bath, Suite, Walk-In Closet(s)
Level: First

Bedroom 2

Features: Closet
Level: First

Bedroom 3

Features: Closet
Level: First

Kitchen

Features: Cathedral Ceiling(s), Eat-in Kitchen, Kitchen Island, Pantry
Level: First

Living room

Features: Cathedral Ceiling(s)
Level: First

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Dishwasher, Dryer, Gas Range, Refrigerator, Washer

Features

1st Floor Primary Bedroom w/Bath, One-Floor Living, Pantry, Walk-In Closet(s)
Flooring: Laminate, Tile, Wood
Basement: Interior Entry,Crawl Space,Partial,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,276
Total interior livable area: 1,276 sqft
Finished area above ground: 1,276
Finished area below ground: 0

Property

Parking

Parking features: Gravel, 1 - 4 Spaces, On Site

Features

Patio & porch: Deck
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.57 Acres
Features: Near Town, Neighborhood, Level, Open Lot, Wooded

Details

Parcel number: PTLDM415BA006001
Zoning: RES

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Foundation: Poured Concrete
Roof: Shingle

Condition

Year built: 1994

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Public

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $383/sqft
Tax assessed value: $339,500
Annual tax amount: $5,096
Date on market: 5/20/2026
Road surface type: Paved

Price history

Date	Event	Price
5/19/2026	Sold	$489,000$383/sqft
Source: Maine Listings #1663152 Report a problem
1/15/2026	Listing removed	$489,000$383/sqft
Source: Maine Listings #1645890 Report a problem
1/1/2026	Price change	$489,000-2%$383/sqft
Source: Maine Listings #1645890 Report a problem
12/9/2025	Listed for sale	$499,000+26.3%$391/sqft
Source: Maine Listings #1645890 Report a problem
7/30/2021	Sold	$395,000+12.9%$310/sqft
Source: Maine Listings #1495481 Report a problem
6/9/2021	Listed for sale	$349,900+125.7%$274/sqft
Source: Maine Listings #1495481 Report a problem
9/12/2019	Sold	$155,000-4.6%$121/sqft
Source: Maine Listings #1427118 Report a problem
7/30/2019	Listed for sale	$162,500+17%$127/sqft
Source: Spectrum Real Estate #1427118 Report a problem
9/22/2011	Sold	$138,903$109/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,892	$339,500
2023	$4,892 +24.1%	$339,500 +17.2%
2022	$3,943 -11.2%	$289,700 +52.1%
2020	$4,441	$190,500
2019	$4,441 +3.7%	$190,500
2018	$4,282 +3.8%	$190,500
2017	$4,124 +2.6%	$190,500
2016	$4,021 +2.3%	$190,500
2015	$3,930 +3.1%	$190,500
2014	$3,810 +3%	$190,500
2013	$3,698 +3.2%	$190,500
2012	$3,585 +8.6%	$190,500 +5.5%
2011	$3,300 -2.3%	$180,500 -5.2%
2009	$3,379	$190,500
2008	$3,379 +8.8%	$190,500
2006	$3,107	$190,500