Welcome to this charming 2-bedroom, 1-bath home that perfectly blends comfort, convenience, and everyday charm. Located in a highly desirable, walkable neighborhood just minutes from the beach, this move-in ready gem offers a relaxed lifestyle in a truly unbeatable location. Inside, you'll find an easy, functional layout that maximizes space and feels instantly like home. The living areas are warm and welcoming, making everyday living effortless. The bright and inviting 4-season sunroom is a cozy space to enjoy your morning coffee or unwind at the end of the day. Outside, a cute and private patio provides the perfect setting for dining, soaking up the sun, or entertaining friends. With a one-car garage, low-maintenance yard, and just the right amount of space, this home is ideal for anyone looking for simplicity without sacrificing style. Whether you're downsizing, looking for a second home near the coast, or entering the market for the first time, this home checks all the boxes: cozy, convenient, and close to it all. Showings to start at the open house on Thursday 5/22 4pm-6pm. Open House Saturday 5/24 10am-12pm
Closed
$565,000
181 Margaret Street, South Portland, ME 04106
2beds
1,178sqft
Single Family Residence
Built in 1940
4,791 Square Feet Lot
$588,200 Zestimate®
$480/sqft
$2,844 Estimated rent
Home value
$588,200
$541,000 - $641,000
$2,844/mo
Zestimate® history
Owner options
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$2,850/mo
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$2,850/mo
Est. payment
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List your homeWhat's special
Low-maintenance yardCute and private patioEasy functional layout
Zillow last checked:
Listing updated:
Listed by:
Duston Leddy Real Estate
Bought with:
Mary Libby Living Real Estate
Source: Maine Listings,MLS#: 1623451
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: First
Bedroom 2
- Features: Skylight
- Level: Second
Dining room
- Features: Built-in Features
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Sunroom
- Features: Skylight
- Level: First
Heating
- Hot Water, Radiator
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- 1st Floor Bedroom, Bathtub, One-Floor Living, Shower
- Flooring: Carpet, Tile, Vinyl, Wood
- Basement: Interior Entry,Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,178
- Total interior livable area: 1,178 sqft
- Finished area above ground: 1,178
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, 1 - 4 Spaces, On Site, Off Street, Garage Door Opener
- Attached garage spaces: 1
Features
- Patio & porch: Deck, Patio
Lot
- Size: 4,791 Square Feet
- Features: Near Public Beach, Near Shopping, Near Town, Neighborhood, Suburban, Level, Open Lot, Landscaped
Details
- Parcel number: SPORM014L006
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame, Shingle Siding
- Foundation: Brick/Mortar
- Roof: Pitched,Shingle
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: South Portland
Financial & listing details
- Price per square foot: $480/sqft
- Tax assessed value: $457,000
- Annual tax amount: $6,032
- Date on market: 5/21/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $565,000+19%$480/sqft |
Source:  Maine Listings #1623451 Report a problem | ||
| 5/28/2025 | Pending sale | $474,900$403/sqft |
Source: Maine Listings #1623451 Report a problem | ||
| 5/21/2025 | Listed for sale | $474,900+8.9%$403/sqft |
Source: Maine Listings #1623451 Report a problem | ||
| 7/7/2022 | Sold | $436,000+1.4%$370/sqft |
Source: Maine Listings #1527626 Report a problem | ||
| 6/4/2022 | Pending sale | $429,900$365/sqft |
Source: Maine Listings #1527626 Report a problem | ||
| 5/31/2022 | Price change | $429,900-6.3%$365/sqft |
Source: Maine Listings #1527626 Report a problem | ||
| 5/10/2022 | Listed for sale | $459,000$390/sqft |
Source: Maine Listings #1527626 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,032 +21.2% | $457,000 +29.8% |
| 2023 | $4,977 +5.6% | $352,000 +16.2% |
| 2022 | $4,715 +16.9% | $303,000 +48.3% |
| 2020 | $4,035 +13.9% | $204,300 |
| 2019 | $3,541 -8.4% | $204,300 -2.3% |
| 2018 | $3,868 +2.8% | $209,100 |
| 2017 | $3,764 +8.5% | $209,100 +6.7% |
| 2016 | $3,469 +1.7% | $196,000 |
| 2015 | $3,410 +7.2% | $196,000 |
| 2014 | $3,181 -2.8% | $196,000 |
| 2013 | $3,273 +1.2% | $196,000 |
| 2012 | $3,234 +2.5% | $196,000 |
| 2011 | $3,156 +4.5% | $196,000 -4.6% |
| 2009 | $3,019 -0.3% | $205,400 -5% |
| 2008 | $3,027 +13.7% | $216,200 +6.4% |
| 2006 | $2,662 | $203,200 |
Find assessor info on the county website
Neighborhood: 04106
Nearby homes
- $653,0003 bd1 ba1.3k sqft185 Margaret St, South Portland, ME 04106Off Market
- $944,6004 bd3 ba3k sqft177 Margaret St, South Portland, ME 04106Off Market
- $734,7004 bd2 ba2k sqft14 Mast Ln, South Portland, ME 04106Off Market
- $518,3003 bd1 ba946 sqft189 Margaret St, South Portland, ME 04106Off Market
- $744,1003 bd1 ba1.6k sqft173 Margaret St, South Portland, ME 04106Off Market
- $626,6003 bd1 ba1.4k sqft186 Margaret St, South Portland, ME 04106Off Market
- $790,0003 bd2 ba1.4k sqft10 Mast Ln, South Portland, ME 04106Sold
- $811,9004 bd2 ba1.5k sqft182 Margaret St, South Portland, ME 04106Off Market
Nearby schools
GreatSchools rating
- 8/10Frank I Brown Elementary SchoolGrades: K-4Distance: 0.3 mi
- 7/10Daniel F. Mahoney Middle SchoolGrades: 5-8Distance: 0.5 mi
- 6/10South Portland High SchoolGrades: 9-12Distance: 1.6 mi
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- Maine
- Cumberland County
- South Portland
- 04106
- 181 Margaret Street
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