387 Spring St is a 2,528 square foot house on a 9,583 square foot lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Portland data, we estimate the home's value is $1,174,279.
Single-familyProperty Type
1845Year Built
9,583 sq ftLot Size
$465Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,174,279
$10K since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 95.8% higher than the average sale price ($600K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$13,527 (+4.2%)
$395,700 + $505,500
$901,200
2023
$12,986 (+5.9%)
$395,700 + $505,500
$901,200
2022
$12,265 (+4.8%)
$395,700 + $505,500
$901,200
2021
$11,707 (−3.3%)
$395,700 + $505,500
$901,200
2020
$12,103
$292,300 + $226,900
$519,200
2019
$12,103 (+3.7%)
$292,300 + $226,900
$519,200
2018
$11,672 (+3.8%)
$292,300 + $226,900
$519,200
2017
$11,241 (+2.6%)
$292,300 + $226,900
$519,200
2016
$10,960 (+2.3%)
$292,300 + $226,900
$519,200
2015
$10,711 (+3.1%)
$292,300 + $226,900
$519,200
2014
$10,384
$292,300 + $226,900
$519,200
Tax history for 387 Spring St
Year
Property tax
Land + Additions
Assessment*
2024
$13,527 (+4.2%)
$395,700 + $505,500
$901,200
2023
$12,986 (+5.9%)
$395,700 + $505,500
$901,200
2022
$12,265 (+4.8%)
$395,700 + $505,500
$901,200
2021
$11,707 (−3.3%)
$395,700 + $505,500
$901,200
2020
$12,103
$292,300 + $226,900
$519,200
2019
$12,103 (+3.7%)
$292,300 + $226,900
$519,200
2018
$11,672 (+3.8%)
$292,300 + $226,900
$519,200
2017
$11,241 (+2.6%)
$292,300 + $226,900
$519,200
2016
$10,960 (+2.3%)
$292,300 + $226,900
$519,200
2015
$10,711 (+3.1%)
$292,300 + $226,900
$519,200
2014
$10,384
$292,300 + $226,900
$519,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R4
Residential
To preserve the unique character of the Western Promenade area of the city by controlling residential conversions and by allowing the continued mix of single-family, two-family, and low-rise multi-family dwellings and other compatible development at medium densities.
Property details
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: Old
Exterior Wall: Wood Siding/Shingle
Property Information
Living Sq. Ft: 2,528
# of Units: 1
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 9,583
Municipality Name: PORTLAND CITY
Acres: 0.22
State Use Description: 1-FAMILY RESIDENCE
Financial
Assessor Information
Assessment Year: 2024
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,528
Stories: 2.0
Lot Size: 9,583 square feet
Style: Single Family Residential
Year Built: 1845
Year Renovated: —
County: Cumberland County
APN: 114948
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
Howard C Reiche Community School
Public PreK-5 • Assigned • 0.4mi
3/10
Deering High School
Public 9-12 • Assigned • 2.1mi
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
6 days above 87° expected this year, 16 days in 30 years
6/10 Wind Factor
67% 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 • 04102
Average low and high temperatures (°F)
30
17
33
16
44
29
53
37
63
48
75
58
80
64
77
60
72
54
61
44
50
34
35
21
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
$1.12M – $1.35M
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