OFF MARKET

Off Market Jun 2021 for $650K

$897,603

•

2,552

sq ft

62 Welch St, Portland, ME 04108

About this home

Talk about convenient, this large island home is a 3 minute walk to the ferry, stores and restaurants but sits high up and away from it all with southward water views. Great for retreat, rental or both. It is winterized with heat pumps on demand hot water and many updates including 200 amp electric service. Want a work shop or walk in pantry ? there's room. Large fenced in yard for entertaining with a 24x20 deck of the living room and anothe 18x8 off the second floor.

Single-familyProperty Type

1864Year Built

9,147 sq ftLot Size

$352Est. Price/Sq.Ft.

1 spaceParking

Listed by Rhonda Berg • Harborview Properties, Inc.

Bought with Rhonda Berg • Harborview Properties, Inc.

Redfin checked: 4 minutes ago

•Source:MREIS #1490765

Redfin Estimate

$897,603

$248K since sold in June 2021$24K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.2% lower than the average sale price ($999K) of 6 comparable homes.

SOLD AUG 6, 2026
$1,479,000
A
4 beds2.5 baths2,110 sq ft
6 Sea View Ave, Cape Elizabeth, ME 04107
SOLD OCT 10, 2025
$1,500,000
B
4 beds2 baths2,038 sq ft
78 Seashore Ave, Portland, ME 04108
SOLD SEP 8, 2026
$612,000
C
4 beds2 baths1,803 sq ft
24 Central Ave, Portland, ME 04108
SOLD SEP 4, 2026
$620,100
D
4 beds2 baths1,615 sq ft
229 Cottage Rd, South Portland, ME 04106
SOLD SEP 9, 2026
$1,000,000
E
4 beds1.5 baths1,882 sq ft
72 Stonybrook Rd, Cape Elizabeth, ME 04107
SOLD JUL 20, 2026
$786,000
F
3 beds2 baths1,630 sq ft
31 Elizabeth St, Portland, ME 04108

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Earn from this home

Sell

$375,996

Est. take-home

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Rent

$3,422/mo

Redfin rental estimate

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Market trends in 04108, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.0%

+0.0% MoM

Median sale price

$723K

$63K MoM

Avg. days on market

55d

12 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 62 Welch St

Year

Property tax

Land + Additions

Assessment*

2024

$7,972 (+4.2%)

$140,200 + $390,900

$531,100

2023

$7,653 (+5.9%)

$140,200 + $390,900

$531,100

2022

$7,228 (+4.8%)

$140,200 + $390,900

$531,100

2021

$6,899 (+4.2%)

$140,200 + $390,900

$531,100

2020

$6,620

$167,200 + $116,800

$284,000

2019

$6,620 (+3.7%)

$167,200 + $116,800

$284,000

2018

$6,384 (+3.8%)

$167,200 + $116,800

$284,000

2017

$6,149 (+2.6%)

$167,200 + $116,800

$284,000

2016

$5,995 (+2.3%)

$167,200 + $116,800

$284,000

2015

$5,859 (+3.2%)

$167,200 + $116,800

$284,000

2014

$5,680

$167,200 + $116,800

$284,000

Tax history for 62 Welch St

Year

Property tax

Land + Additions

Assessment*

2024

$7,972 (+4.2%)

$140,200 + $390,900

$531,100

2023

$7,653 (+5.9%)

$140,200 + $390,900

$531,100

2022

$7,228 (+4.8%)

$140,200 + $390,900

$531,100

2021

$6,899 (+4.2%)

$140,200 + $390,900

$531,100

2020

$6,620

$167,200 + $116,800

$284,000

2019

$6,620 (+3.7%)

$167,200 + $116,800

$284,000

2018

$6,384 (+3.8%)

$167,200 + $116,800

$284,000

2017

$6,149 (+2.6%)

$167,200 + $116,800

$284,000

2016

$5,995 (+2.3%)

$167,200 + $116,800

$284,000

2015

$5,859 (+3.2%)

$167,200 + $116,800

$284,000

2014

$5,680

$167,200 + $116,800

$284,000

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

2,552

Year built

1864

Style

Single Family Residential

County

Cumberland County

APN

116584

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

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Public service
Park & open space

Property details

Parking

Parking Information
Parking Features: 1 - 4 Spaces, Gravel

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Laundry
Level: First

Room 2 Information
Type: Kitchen
Level: First

Room 3 Information
Type: Other Room
Level: First

Room 4 Information
Type: Bedroom 3
Level: Second

Room 5 Information
Type: Bedroom 5
Level: Second

Room 6 Information
Type: Bedroom 2
Level: Second

Room 7 Information
Type: Bedroom 4
Level: Second

Room 8 Information
Type: Living Room
Level: First

Room 9 Information
Type: Bedroom 1
Level: Second

Basement Information
Basement Entry: Dirt Floor, Crawl Space, Exterior Only

Interior Features
# of Rooms: 9
Interior Features: 1st Floor Bedroom, Bathtub, Shower, Storage
Washer, Refrigerator, Dryer, Dishwasher
Window Features: Double-Pane Windows
Flooring: Tile, Carpet
Other Equipment: Internet Access Available

Laundry Information
Laundry Features: 1st Floor Laundry, Main Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Vertical Siding, Wood Frame
Foundation Details: Pillar/Post/Pier, Concrete Perimeter
Roof: Shingle
Total Building Area (Sq. Ft.): 2,552
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck
Fencing: Fenced
Other Structures: Outbuilding

Property Information
Property Sub Type: Single Family Residence
Year Built: 1864
Above-Grade Finished Area (Sq. Ft.): 2,552
Levels: Multi-Level
Green Energy Efficient: Water Heater, Smart Electric Meter, Insulated Foundation

Lot Information
Lot Size (Sq. Ft.): $9,147.60
Lot Size (Acres): 0.21
Lot Size Source: Public Records
Lot Features: Rolling/Sloping, Intown, Near Public Beach, Near Shopping, Near Town, Neighborhood, Near Public Transit
Road Surface Type: Paved
Zoning: ir2

Waterfront Information
Island: Yes
Water Body Name: Casco Bay
Water Body Type: Bay, Ocean
Water View: Yes

Subdivision Information
Subdivision Name: Peaks Island

Financial

Tax Information
Annual Tax Amount: $6,620
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Baseboard
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: On Demand

Location

Location Information
Unparsed Address: 62 Welch Street, Portland, ME 04108
Directions: Off ferry straight up to top of hill on the left

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,552
Stories: 2.0
Lot Size: 9,148 square feet
Style: Single Family Residential
Year Built: 1864
Year Renovated: —
County: Cumberland County
APN: 116584

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Peaks Island School

Public PreK-5 • Assigned • 0.4mi

8/10

Deering High School

Public 9-12 • Assigned • 5.1mi

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)

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

$853,000 – $1.03M

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Nearby similar homes

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FOR SALE BY OWNER

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3 beds2 baths1,250 sq ft

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$1,490,000

3 beds2.5 baths2,222 sq ft

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2 beds1 bath716 sq ft

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3 beds2 baths1,720 sq ft

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Home values near 62 Welch St

Data from public records.

Address	Redfin Estimate
84 Welch St, Portland, ME 2 Beds \| 1 Baths \| 1235 Sq. Ft.	$583,451
79 Welch St, Portland, ME 3 Beds \| 1 Baths \| 964 Sq. Ft.	$471,136

Address	Redfin Estimate
74 Welch St, Portland, ME 3 Beds \| 1.5 Baths \| 1035 Sq. Ft.	$544,376
80 Welch St, Portland, ME 4 Beds \| 1 Baths \| 1019 Sq. Ft.	$547,561

Address	Redfin Estimate
44 Welch St, Portland, ME 2 Beds \| 1.5 Baths \| 1176 Sq. Ft.	$631,108
80 Welch St, Peaks Island, ME 4 Beds \| 1 Baths \| 1019 Sq. Ft.	$625,050

Property information provided by MREIS when last listed in 2021. This data may not match . Learn more.

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