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  • $599,000

    87 Read Street, Portland, ME 04103

    3beds
    1,378sqft
    Single Family Residence
    Built in 1930
    0.34 Acres Lot
    $599,300 Zestimate®
    $435/sqft
    $2,954 Estimated rent

    Home value

    $599,300

    $569,000 - $629,000

    $2,954/mo

    Zestimate® history
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    What's special

    Filled with natural lightHardwood flooringOriginal built-ins
    New Price! Opportunity knocks in Portland's desirable Back Cove neighborhood! This classic 3-bed, 1.5-bath colonial offers 1,378 sq ft of immediate livability on an expansive 1/3-acre double lot. Filled with natural light, this home offers hardwood flooring, original built-ins, a fireplace and a sunroom perfect for home office or enjoying coffee while looking out at the large private back yard. Outside, opportunities abound for garden beds, a firepit, a place for a dog or kids to play, or future expansion. Just moments from Baxter Boulevard, Payson Park, and Portland's vibrant downtown. This home has been pre-inspected for the buyer's convenience. A great value!

    Zillow last checked:

    Listing updated:

    Listed by:

    Town & Shore Real Estate

    Bought with:

    Vitalius Real Estate Group, LLC

    Source: Maine Listings,MLS#: 1670611MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom 1
    • Features: Closet
    • Level: Second
    Bedroom 2
    • Features: Closet
    • Level: Second
    Bedroom 3
    • Features: Closet
    • Level: Second
    Dining room
    • Features: Built-in Features, Dining Area, Informal
    • Level: First
    Kitchen
    • Features: Kitchen Island
    • Level: First
    Living room
    • Features: Gas Fireplace
    • Level: First
    Sunroom
    • Features: Four-Season
    • Level: First
    Heating
    • Steam, Radiator
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Gas Range, Refrigerator, Wall Oven, Washer
    Features
    • Attic, Bathtub
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Basement: Interior Entry,Full,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,378
    • Total interior livable area: 1,378 sqft
    • Finished area above ground: 1,378
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Common, Paved, 5 - 10 Spaces, On Site
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.34 Acres
    • Features: Near Town, Neighborhood, Level, Open Lot, Sidewalks
    Details
    • Additional structures: Shed(s)
    • Parcel number: PTLDM141BJ006001
    • Zoning: RN-1
    • Other equipment: Cable

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Poured Concrete
    • Roof: Shingle
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Air Radon Mitigation System
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $435/sqft
    • Tax assessed value: $337,600
    • Annual tax amount: $6,754
    • Date on market: 7/12/2026
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/31/2026Sold$599,000$435/sqft
    Source: Maine Listings #1670611 Report a problem
    8/31/2026Pending sale$599,000$435/sqft
    Source: Maine Listings #1670611 Report a problem
    7/25/2026Contingent$599,000$435/sqft
    Source: Maine Listings #1670611 Report a problem
    7/23/2026Price change$599,000-7.8%$435/sqft
    Source: Maine Listings #1670611 Report a problem
    7/12/2026Listed for sale$650,000$472/sqft
    Source: Maine Listings #1670611 Report a problem
    3/31/2020Listing removed$2,150$2/sqft
    Source: BellPort Property Management, LLC Report a problem
    3/5/2020Listed for rent$2,150$2/sqft
    Source: BellPort Property Management, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,865 $337,600
    2023$4,865 +5.9%$337,600
    2022$4,595 +4.3%$337,600 +78.6%
    2020$4,406 $189,000
    2019$4,406 +3.7%$189,000
    2018$4,249 +3.8%$189,000
    2017$4,092 +2.6%$189,000
    2016$3,990 +2.3%$189,000
    2015$3,899 +3.1%$189,000
    2014$3,780 +3.1%$189,000
    2013$3,668 +3.1%$189,000
    2012$3,557 $189,000
    Find assessor info on the county website

    Neighborhood: Ocean Avenue

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $599,300
    2% more
    +$11,986
    With Zillow Showcase(estimated)
    $611,286
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $599,300
    2% more
    +$11,986
    With Zillow Showcase(estimated)
    $611,286