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$625,000   Price Analysis
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36 Luther St
Portland, ME 04108
4 bed 2 bath 1,288 SqFt ($485/SqFt)
0.5 acre lot. Built 1984
Listed 2024-03-15
Ⓧ USDA Ineligible
due to location

near Portland

RARE OPPORTUNITY TO OWN A PIECE OF PEAKS ISLAND Do you dream of Island life? Spending your summers on a quaint island and relaxing in the Island breeze

* Has Contingent Offer *

Yet a short ferry ride to everything the City of Portland has to offer. How would you like to jump on a ferry for your commute home instead of the Freeway? Don't miss this rare opportunity to purchase a Peaks Islan d home. From the time you step off the ferry you will know immediately you have stepped into a special community. With its attractive Atlantic scenery around every bend in the road, quaint shops and restaurants you will love exploring the island.

The home is a Dormed Cape. Depending on your use, 3-4 bedrooms, 2 bathrooms and currently is laid out to include a privte, multigenerational living space with its own kitchen. Property is move in ready if you have always dreamed of having an Island summer retreat. If living the Island life full time is what you are seeking, this sturdy, well-built framework is ready for your own personal touch and remodel. Bring your car, bicycle or rent a golf cart at the dock and come see all this unique island has to offer.


Presented by Sylvia Rhodes at
Fontaine Family-The Real Estate Leader.
Listing Agent Photo

Property MLS #1584229 from MaineListings

Bedrooms: 4
Bedroom 1 Level: Second
Bedroom 2 Level: Second

Total Rooms: 8
Basement Features: Bulkhead, Full, Exterior Entry, Unfinished
Living Room Level: First

Total Bathrooms: 2
Full Bathrooms: 2

1st Floor Bedroom
In-Law Floorplan

Washer
Refrigerator
Electric Range
Dryer

Heating Features: Hot Water, Direct Vent Heater, Baseboard
Heating: Yes

Dining Room Level: First
Kitchen Level: First

Patio And Porch Features: Deck

Lot Description: Level, Open Lot, Landscaped, Wooded, Intown, Near Shopping, Neighborhood, Near Public Transit
Lot Size Acres: 0.5
Lot Size Square Feet: 21780

Parking Features: 1 - 4 Spaces, Gravel

View: Scenic

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 5796
Source Listing Status: Active Under Contract
County: Cumberland
Directions: See Casco Lines Schedule in Attachments. Casco Ferry to Peaks Island. From Welch Street turn left on Island Ave.Proceed to Luther Street and turn right. Property is third house on left
Tax Year: 2023
Source Property Type: Residential
Parcel Number: PTLD-000087-Z000012-000001
Postal Code Plus 4: 1213
Zoning: IR-2
Property Subtype: Single Family Residence
Source System Name: C2C

Sold 2015-08-20
$281,350
Public Record

Year Built: 1984
Above Grade Finished Area: 1288
Building Area Total: 1288
Building Exterior Type: Clapboard, Wood Frame
Construction Materials: Clapboard, Wood Frame
Foundation Details: Concrete Perimeter
Property Age: 40
Roof: Fiberglass, Shingle
Architectural Style: Cape

Accessibility Features: 36+ Inch Doors

Sewer: Public Sewer
Utilities On
Water Source: Public

Peaks Island School is a public elementary school located approximately 0.1 miles away.
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King Middle School is a public middle school located approximately 3.9 miles away.
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Governor Baxter School For The Deaf is a public elementary, middle and high school located approximately 2.7 miles away.
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Spurwink School--S Portland is a private elementary, middle and high school located approximately 2.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.