Google satellite image for 240 Lane Ave, Portland, ME 04103

Off market

$303,297

•

1 ba

•

570

sq ft

240 Lane Ave, Portland, ME 04103

About this home

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 $303,297.

Single-familyProperty Type

1930Year Built

10,019 sq ftLot Size

$532Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$303,297

$10K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 32.5% lower than the average sale price ($450K) of 5 comparable homes.

SOLD AUG 28, 2026
$431,000
A
3 beds1 bath1,008 sq ft
14 Castine Ave, Portland, ME 04103
SOLD AUG 21, 2026
$487,000
B
3 beds1 bath1,008 sq ft
70 Independence Dr, Westbrook, ME 04092
SOLD NOV 25, 2025
$405,000
C
3 beds1 bath840 sq ft
224 Taft Ave, Portland, ME 04102
SOLD MAY 29, 2026
$470,000
D
3 beds1 bath1,240 sq ft
19 Hicks St, Portland, ME 04103
SOLD MAY 29, 2026
$455,000
E
3 beds1 bath1,068 sq ft
1782 Forest Ave, Portland, ME 04103

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$283,803

Est. take-home

List your home with Redfin and save $3,033

Rent

$1,074/mo

Redfin rental estimate

List your home for rent

Market trends in 04103, ME

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.7%

+0.3% MoM

Median sale price

$555K

$7K MoM

Avg. days on market

14d

2 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 33 HRS AGO
$629,900
3 beds3.5 baths2,543 sq ft
58 Ridge Rd #7, Portland, ME 04103
NEW 1 DAY AGO
$800,000
5 beds3 baths3,438 sq ft
117 Allen Ave, Portland, ME 04103
OPEN TODAY, 12PM TO 1PM
$575,000
4 beds2 baths1,872 sq ft
74 W Commonwealth Dr, Portland, ME 04103
$880,000
5 beds2.5 baths2,039 sq ft
121 Read St, Portland, ME 04103
OPEN TODAY, 11AM TO 12:30PM
$385,000
2 beds1.5 baths1,040 sq ft
3 Clairmont Ct Unit C6, Portland, ME 04103
$539,000
2 beds2 baths1,449 sq ft
11 Graham Ter, Portland, ME 04103
OPEN TODAY, 12PM TO 2PM
$659,900
3 beds2 baths1,508 sq ft
70 Carter St, Portland, ME 04103
$482,000
4 beds2 baths1,827 sq ft
257 Allen Ave, Portland, ME 04103
$1,050,000
9 beds3 baths4,107 sq ft
583 Washington Ave #3, Portland, ME 04103
OPEN TODAY, 11AM TO 12:30PM
$725,000
4 beds2.5 baths1,612 sq ft
30 Alba St, Portland, ME 04103
See all

Provided by Redfin

Sale history for 240 Lane Ave

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2024

$2,513 (+4.2%)

$65,500 + $101,900

$167,400

2023

$2,412 (+5.9%)

$65,500 + $101,900

$167,400

2022

$2,278 (+4.7%)

$65,500 + $101,900

$167,400

2021

$2,175 (−15.9%)

$65,500 + $101,900

$167,400

2020

$2,587

$65,500 + $45,500

$111,000

2019

$2,587 (+3.7%)

$65,500 + $45,500

$111,000

2018

$2,495 (+3.8%)

$65,500 + $45,500

$111,000

2017

$2,403 (+2.6%)

$65,500 + $45,500

$111,000

2016

$2,343 (+2.3%)

$65,500 + $45,500

$111,000

2015

$2,290 (+3.2%)

$65,500 + $45,500

$111,000

2014

$2,220

$65,500 + $45,500

$111,000

Tax history for 240 Lane Ave

Year

Property tax

Land + Additions

Assessment*

2024

$2,513 (+4.2%)

$65,500 + $101,900

$167,400

2023

$2,412 (+5.9%)

$65,500 + $101,900

$167,400

2022

$2,278 (+4.7%)

$65,500 + $101,900

$167,400

2021

$2,175 (−15.9%)

$65,500 + $101,900

$167,400

2020

$2,587

$65,500 + $45,500

$111,000

2019

$2,587 (+3.7%)

$65,500 + $45,500

$111,000

2018

$2,495 (+3.8%)

$65,500 + $45,500

$111,000

2017

$2,403 (+2.6%)

$65,500 + $45,500

$111,000

2016

$2,343 (+2.3%)

$65,500 + $45,500

$111,000

2015

$2,290 (+3.2%)

$65,500 + $45,500

$111,000

2014

$2,220

$65,500 + $45,500

$111,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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: Fair
Building Style Type: Old
Exterior Wall: Aluminum/Vinyl

Property Information
Living 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: 2024

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: 127268

Home facts updated by county records on Jul 27, 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

8.4 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$289,000 – $349,000

Reach more buyers when you sell with Redfin. Save up to $3,033 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$450,000

3 beds1 bath1,526 sq ft

2 Pilgrim Rd, Westbrook, ME 04092

FOR SALE BY OWNER

$507,000

4 beds1 bath1,165 sq ft

110 E Commonwealth Dr, Portland, ME 04103

$1,100,000

2 beds2.5 baths1,872 sq ft

4 Oramel Ave, Portland, ME 04103

$545,000

3 beds2 baths1,530 sq ft

99 Euclid Ave, Portland, ME 04103

$625,000

3 beds2 baths1,934 sq ft

25 Broadway, Portland, ME 04103

LISTED BY REDFIN3D WALKTHROUGH

$499,900

3 beds2 baths1,225 sq ft

25 Avalon Rd, Portland, ME 04103

New listings for sale in 04103

NEW 33 HRS AGO

$629,900

3 beds3.5 baths2,543 sq ft

58 Ridge Rd #7, Portland, ME 04103

NEW 1 DAY AGO

$800,000

5 beds3 baths3,438 sq ft

117 Allen Ave, Portland, ME 04103

OPEN TODAY, 12PM TO 1PM

$575,000

4 beds2 baths1,872 sq ft

74 W Commonwealth Dr, Portland, ME 04103

$880,000

5 beds2.5 baths2,039 sq ft

121 Read St, Portland, ME 04103

OPEN TODAY, 11AM TO 12:30PM

$385,000

2 beds1.5 baths1,040 sq ft

3 Clairmont Ct Unit C6, Portland, ME 04103

$539,000

2 beds2 baths1,449 sq ft

11 Graham Ter, Portland, ME 04103

OPEN TODAY, 12PM TO 2PM3D WALKTHROUGH

$659,900

3 beds2 baths1,508 sq ft

70 Carter St, Portland, ME 04103

$482,000

4 beds2 baths1,827 sq ft

257 Allen Ave, Portland, ME 04103

$1,050,000

9 beds3 baths4,107 sq ft

583 Washington Ave #3, Portland, ME 04103

Home values near 240 Lane Ave

Data from public records.

Address	Redfin Estimate
242 Lane Avenue, Portland, ME 2 Beds \| 1 Baths \| 1056 Sq. Ft.	$246,592
242 Lane Avenue, Portland, ME 2 Beds \| 1 Baths \| 1056 Sq. Ft.	$352,143

Address	Redfin Estimate
233 Lane Avenue, Portland, ME 3 Beds \| 2 Baths \| 1652 Sq. Ft.	$616,046
49 Jarita Court, Portland, ME 3 Beds \| 2.5 Baths \| 1930 Sq. Ft.	$506,540

Address	Redfin Estimate
233 Lane Avenue, Portland, ME 3 Beds \| 2 Baths \| 1652 Sq. Ft.	$658,746
32 Jarita Court, Portland, ME 3 Beds \| 2.5 Baths \| 1930 Sq. Ft.	$504,525

More real estate resources

Zip Codes
Minor Civil Divisions
Neighborhoods
Cities
Popular Searches

04105 homes for sale
04106 homes for sale
04107 homes for sale
04074 homes for sale
04101 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Wells homes for sale
Cumberland homes for sale
Buxton homes for sale
Harpswell homes for sale
Arundel homes for sale

Houses for rent in Portland	Agents near me	Cape Elizabeth, ME homes for sale	Portland Housing Market
Houses for sale near me	Portland, ME homes for sale	Bangor, ME homes for sale
Land for sale near me	Scarborough, ME homes for sale	Kittery, ME homes for sale
Open Houses near me	South Portland, ME homes for sale	Portland Property Records
Condos for sale near me	Falmouth, ME homes for sale	ME New Listings

Falmouth homes for sale
Scarborough homes for sale
Cape Elizabeth homes for sale