240 Lane Ave is a 570 square foot house on a 10,019 square foot lot with 3 bedrooms and 1 bathroom. Based on Redfin's Portland data, we estimate the home's value is $345,502.
Single-familyProperty Type
1930Year Built
10,019 sq ftLot Size
$606Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$345,502
$12K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 23.2% lower than the average sale price ($450K) of 5 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,185
$124,500 + $141,400
$265,900
Tax history for 240 Lane Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,185
$124,500 + $141,400
$265,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
B4
Commercial Corridor District
To provide locations in the city for the development and operation of businesses serving a regional or larger market, to provide locations for large-scale commercial uses that require larger land areas to accommodate their operations, and to support moderate to high-density housing including three-family, four-family, townhouse, and multi-family structures. Standards of the B-4 zone acknowledge the need to maintain automobile access while encouraging improvement of the pedestrian environment and accommodating alternative modes of transportation.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Multiple units
Housing-Senior
Industrial
Hotel / motel
Mixed use
Office
Public service
Property details
Interior
Basement Information
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Old
Exterior Wall: Aluminum/Vinyl
Property Information
Living Sq. Ft: 570
Gross Sq. Ft: 570
# of Units: 1
# of Stories: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 10,019
Municipality Name: PORTLAND CITY
Acres: 0.23
State Use Description: 1-FAMILY RESIDENCE
Utility Information
Sewer Type: Septic
Water Service Type: Well
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 570
Stories: 1.0
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: —
County: Cumberland County
APN: 7665696
Home facts updated by county records on May 6, 2026
Around this home
Schools
Gerald E Talbot Community School
Public PreK-5 • Assigned • 0.7mi
3/10
Lincoln Middle School
Public 6-8 • Assigned • 1.6mi
6/10
Casco Bay High School
Public 9-12 • Assigned • 1.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 19-29% chance 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 89° expected this year, 16 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Portland, ME • 04103
Average low and high temperatures (°F)
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49
33
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20
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$329,000 – $398,000
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