In the ''Village'' of Peaks Island, this yr-rd home has been wonderfully restored with care to recognize the original features of this 130+ year old home with an appropriate nod to the present. In great condition, very tight (read warm) and with a great fenced yard that allows plenty of gardening but doesn't require a weekend to maintain. Full renovated kitchen and full bath, wide pine floors pretty much everywhere, covered wrap-around porch for rocking an hour away here or there and it's all within a short distance from 2 beaches, the stores, school, library and, of course, the ferry.
Single-familyProperty Type
1880Year Built
3,049 sq ftLot Size
$501Est. Price/Sq.Ft.
Listed by Raymond Goodhue Jr.• Port Island Realty
Bought with Kelly Wentworth• Berkshire Hathaway HomeServices Northeast Real Estate
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Sell
$329,780
Est. take-home
List your home with Redfin and save $5,982
Rent
$2,187/mo
Redfin rental estimate
List your home for rent
Market trends in 04108, ME
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
96.6%
+1.1% MoM
Median sale price
$612K
$48K MoM
Avg. days on market
32d
39 days MoM
Recently sold homes
7
0 MoM
Provided by Redfin
Sale history for 31 Sterling St
Date
Event
Price
MREIS #1401168
Feb 27, 2019
Sold
$344,000
$288/sq ft
Dec 22, 2018
Listed
$354,000
$296/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$5,747 (+4.2%)
$131,400 + $251,500
$382,900
2023
$5,518 (+5.9%)
$131,400 + $251,500
$382,900
2022
$5,211 (+4.8%)
$131,400 + $251,500
$382,900
2021
$4,974 (+0.6%)
$131,400 + $251,500
$382,900
2020
$4,946
$121,100 + $91,100
$212,200
2019
$4,946 (+3.7%)
$121,100 + $91,100
$212,200
2018
$4,770 (+3.8%)
$121,100 + $91,100
$212,200
2017
$4,594 (+2.5%)
$121,100 + $91,100
$212,200
2016
$4,480 (+2.3%)
$121,100 + $91,100
$212,200
2015
$4,378 (+3.2%)
$121,100 + $91,100
$212,200
2014
$4,244
$121,100 + $91,100
$212,200
Tax history for 31 Sterling St
Year
Property tax
Land + Additions
Assessment*
2024
$5,747 (+4.2%)
$131,400 + $251,500
$382,900
2023
$5,518 (+5.9%)
$131,400 + $251,500
$382,900
2022
$5,211 (+4.8%)
$131,400 + $251,500
$382,900
2021
$4,974 (+0.6%)
$131,400 + $251,500
$382,900
2020
$4,946
$121,100 + $91,100
$212,200
2019
$4,946 (+3.7%)
$121,100 + $91,100
$212,200
2018
$4,770 (+3.8%)
$121,100 + $91,100
$212,200
2017
$4,594 (+2.5%)
$121,100 + $91,100
$212,200
2016
$4,480 (+2.3%)
$121,100 + $91,100
$212,200
2015
$4,378 (+3.2%)
$121,100 + $91,100
$212,200
2014
$4,244
$121,100 + $91,100
$212,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
3,049 Sq. Ft.
Year renovated
—
Sq. Ft.
1,194
Year built
1880
Style
Single Family Residential
County
Cumberland County
APN
116977
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
IR-2
Island Zone
To provide for a residential neighborhood environment on Portland’s islands in areas with adequate public services. Expansion or extension of IR-2 zoning should be limited, generally focused toward areas adjacent toexisting IR-2 areas, and restricted by such factors as adequacy of access, whether adequate water will be available for private use and for fire protection, whether soils in the area are adequate for subsurface water disposal, or whether public sewers are available. Select nonresidential uses may also be permitted in the IR-2 zone
Construction Materials: Wood Frame, Asbestos, Shingle Siding
Foundation Details: Stone, Brick/Mortar
Roof: Composition, Shingle
Total Building Area (Sq. Ft.): 1,194
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Porch
Fencing: Fenced
Other Structures: Shed(s)
Property Information
Property Sub Type: Single Family Residence
Year Built: 1880
Above-Grade Finished Area (Sq. Ft.): 1,194
Ownership: Marketable
Lot Information
Lot Size (Sq. Ft.): $3,049.20
Lot Size (Acres): 0.07
Lot Size Source: Public Records
Lot Features: Neighborhood, Rural, Level, Near Public Transit
Road Surface Type: Paved
Zoning: IR-2
Subdivision Information
Subdivision Name: Peaks Island
Financial
Tax Information
Annual Tax Amount: $4,768
Tax Year: 2018
Utilities
Utility Information
Has Heating
Heating: Baseboard, Hot Water
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric
Location
HOA Information
Pets Allowed: No Restrictions
Location Information
Unparsed Address: 31 Sterling Street, Portland, ME 04108
Directions: Casco Bay Lines toPeaks Island. Left off of Welch St. onto Island. Turn right onto Sterling St. (right before library) - 31 is about 300' down on the right
Public facts
Beds: 3
Baths: 1.5
Sq. Ft.: 1,194
Stories: 2.0
Lot Size: 3,049 square feet
Style: Single Family Residential
Year Built: 1880
Year Renovated: —
County: Cumberland County
APN: 116977
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
K - 12
Preschool & daycare
Peaks Island School
Public PreK-5 • Assigned • 0.2mi
8/10
Deering High School
Public 9-12 • Assigned • 5.0mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 19 days in 30 years
6/10 Wind Factor
71% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04108
Average low and high temperatures (°F)
31
19
33
19
43
31
49
39
59
49
70
58
75
63
73
60
68
56
59
47
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.5 hours in
June and 4.3 hours in December, placing it below the
U.S. average for solar exposure.
8.5 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$569,000 – $688,000
Reach more buyers when you sell with Redfin. Save up to $5,982 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.