Discover the charm of coastal living with this classic Peaks Island cottage, nestled on a spacious double lot. Brimming with character and potential, this fixer-upper offers the perfect opportunity to create your island retreat. Just a short walk from the shore, enjoy ocean breezes, serene surroundings, and endless possibilities to restore and reimagine this unique property. Don't miss your chance to invest in one of Maine's most beloved island communities.
Closed
$430,000
12 Merriam Street, Portland, ME 04108
3beds
624sqft
Single Family Residence
Built in 1900
8,276.4 Square Feet Lot
$444,000 Zestimate®
$689/sqft
$2,625 Estimated rent
Home value
$444,000
$408,000 - $480,000
$2,625/mo
Zestimate® history
Owner options
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$2,625/mo
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$2,169/mo
Est. payment
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$2,169/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty
Bought with:
Keller Williams Realty
Source: Maine Listings,MLS#: 1630324
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Range, Refrigerator
Features
- Flooring: Wood
- Basement: Exterior Entry,Full
- Has fireplace: No
Interior area
- Total structure area: 624
- Total interior livable area: 624 sqft
- Finished area above ground: 624
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, 1 - 4 Spaces
Lot
- Size: 8,276 sqft
- Features: Other, Level
Details
- Parcel number: PTLDM085BF024001
- Zoning: IR-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Other, Private Sewer
- Water: Public
Community & neighborhood
Location
- Region: Peaks Island
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $430,000-5.5%$689/sqft |
Source:  Maine Listings #1630324 Report a problem | ||
| 8/21/2025 | Pending sale | $455,000$729/sqft |
Source: Maine Listings #1630324 Report a problem | ||
| 7/14/2025 | Listed for sale | $455,000+85.7%$729/sqft |
Source: Maine Listings #1630324 Report a problem | ||
| 6/22/2012 | Sold | $245,000$393/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,402 | $305,500 |
| 2023 | $4,402 +5.9% | $305,500 |
| 2022 | $4,158 -32.9% | $305,500 +14.9% |
| 2020 | $6,196 | $265,800 |
| 2019 | $6,196 +3.7% | $265,800 |
| 2018 | $5,975 +3.8% | $265,800 |
| 2017 | $5,755 +2.6% | $265,800 |
| 2016 | $5,611 +2.3% | $265,800 |
| 2015 | $5,483 +3.1% | $265,800 |
| 2014 | $5,316 +3% | $265,800 |
| 2013 | $5,159 +3.1% | $265,800 |
| 2012 | $5,002 | $265,800 |
Find assessor info on the county website
Neighborhood: Peaks Island
Nearby schools
GreatSchools rating
- 8/10Peaks Island SchoolGrades: PK-5Distance: 0.6 mi
- 2/10King Middle SchoolGrades: 6-8Distance: 4.2 mi
- 4/10Portland High SchoolGrades: 9-12Distance: 3.4 mi
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$444,000
2% more
+$8,880
With Zillow Showcase(estimated)
$452,880
- Maine
- Cumberland County
- Portland
- 04108
- Peaks Island
- 12 Merriam Street
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