This home's estimate is 11.6% higher than the average sale price ($572K) of 6 comparable homes.
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501 Summit St, Portland, ME 04103
About this home
Spacious and efficient classic Cape with private area perfect for an in-home business (allowed per zoning) or office! Home boasts a beautiful brick wood-burning fireplace, hardwood floors, awesome sun-room, and zen-like backyard. Convenient location close to shopping and minutes to downtown. Please see MLS# 1207097 for commercial listing.
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Market trends in 04103, ME
Last updated October 2026
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Sale history for 501 Summit St
$91/sq ft
$95/sq ft
$98/sq ft
$93/sq ft
Tax history for 501 Summit St
*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
- Permits
R2
Residential
To provide for low-density residential development characterized by single-family homes on individual lots in outlying areas of the city and along traffic corridors with limited additional traffic capacity.Remodel
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
- Parking Information
- Has Garage
- Parking Features: Storage Above, Auto Door Opener, 5 - 10 Spaces, Paved, Detached
- Vehicle Storage: 2 Car, Auto Door Opener, Detached, Storage Above
Interior
- Bathroom Information
- # of Baths (Full): 2
- Room 1 Information
- Type: Dining Room
- Level: First
- Features: Built-Ins, Dining Area, Formal, Wood-Burning Fireplace
- Room 2 Information
- Type: Kitchen
- Level: First
- Features: Eat-In Kitchen
- Room 3 Information
- Type: Primary Bedroom
- Level: First
- Features: Closet
- Room 4 Information
- Type: Other Room 9
- Level: Basement
- Room 5 Information
- Type: Office
- Level: First
- Features: Closet
- Room 6 Information
- Type: Bedroom 3
- Level: Second
- Features: Built-Ins, Closet
- Room 7 Information
- Type: Bedroom 1
- Level: First
- Features: Closet
- Room 8 Information
- Type: Living Room
- Level: First
- Features: Heat Stove, Informal, Skylight, Sunken/Raised
- Room 9 Information
- Type: Bedroom 2
- Level: Second
- Features: Built-Ins, Closet
- Room 10 Information
- Type: Other Room
- Level: Basement
- Features: Workshop
- Basement Information
- Basement Entry: Interior, Finished, Full
- Interior Features
- # of Rooms: 9
- Interior Features: 1st Floor Bedroom, Bathtub, Storage
- Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
- Door Features: Storm Door(s)
- Flooring: Wood, Tile, Laminate, Carpet
- Other Equipment: Generator, Cable
- Laundry Information
- Laundry Features: Washer Hookup
Exterior
- Building Information
- Construction Materials: Wood Siding, Shingle Siding, Wood Frame
- Foundation Details: Concrete Perimeter
- Roof: Membrane, Shingle
- Total Building Area (Sq. Ft.): 2,800
- Building Area Source: Seller
- Exterior Features
- Patio & Porch Features: Deck
- Fencing: Fenced
- Other Structures: Outbuilding, Shed(s)
- Property Information
- Property Sub Type: Single Family Residence
- Year Built: 1963
- Above-Grade Finished Area (Sq. Ft.): 2,800
- Green Energy Efficient: Water Heater
- Lot Information
- Lot Size (Sq. Ft.): $20,037.60
- Lot Size (Acres): 0.46
- Lot Size Source: Public Records
- Lot Features: Well Landscaped, Corner Lot, Level, Near Golf Course, Near Shopping, Neighborhood
- Road Surface Type: Paved
- Zoning: R2
Financial
- Tax Information
- Annual Tax Amount: $4,178
- Tax Year: 2014
Utilities
- Utility Information
- Has Heating
- Heating: Zoned, Stove, Hot Water, Forced Air, Baseboard
- Cooling: Wall/Window Unit(s)
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Utilities On: No
- Water Source: Public
- Water Heater: Other Water Heater
Location
- Location Information
- Unparsed Address: 501 Summit Street, Portland, ME 04103
- Directions: Auburn Street to Lambert Street to Left on Summit Street.
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 1,784
- Stories: 1.0
- Lot Size: 0.46 acres
- Style: Single Family Residential
- Year Built: 1963
- Year Renovated: —
- County: Cumberland County
- APN: 130226
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.9mi
Public 6-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 88° expected this year, 17 days in 30 years
60% chance of strong winds in next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 8.4 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 04103
Home values near 501 Summit St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1516 Sq. Ft. | $533,482 |
4 Beds | 3.5 Baths | 2238 Sq. Ft. | $917,524 |
4 Beds | 3.5 Baths | 2238 Sq. Ft. | $961,785 |
3 Beds | 1 Baths | 1260 Sq. Ft. | $554,753 |
3 Beds | 1.5 Baths | 2160 Sq. Ft. | $525,814 |
3 Beds | 1.5 Baths | 1208 Sq. Ft. | $544,916 |
3 Beds | 1.5 Baths | 1208 Sq. Ft. | $545,245 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 3 Baths | 2319 Sq. Ft. | $599,874 |
5 Beds | 2 Baths | 2319 Sq. Ft. | $723,668 |
5 Beds | 2 Baths | 2319 Sq. Ft. | $723,299 |
3 Beds | 1 Baths | 1100 Sq. Ft. | $454,620 |
3 Beds | 2.5 Baths | 1814 Sq. Ft. | $733,890 |
2 Beds | 1 Baths | 884 Sq. Ft. | $503,038 |
2 Beds | 1 Baths | 884 Sq. Ft. | $501,224 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4.5 Baths | 3529 Sq. Ft. | $827,492 |
3 Beds | 1 Baths | 1260 Sq. Ft. | $543,130 |
3 Beds | 2 Baths | 1784 Sq. Ft. | $662,474 |
2 Beds | 1 Baths | 884 Sq. Ft. | $496,756 |
3 Beds | 1 Baths | 1100 Sq. Ft. | $448,039 |
3 Beds | 2.5 Baths | 1820 Sq. Ft. | $806,029 |
3 Beds | 1 Baths | 1100 Sq. Ft. | $509,562 |
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