OFF MARKET

Off market may 2019 for $320K

$462,278

•

685

sq ft

40 Portland Pier #1, Portland, ME 04101

About this home

CondoProperty Type

1988Year Built

$675Est. Price/Sq.Ft.

1 car garageParking

Listed by Rhea Kafer • Keller Williams Realty

Bought with James {Michael} Princiotta • Keller Williams Realty

Redfin checked: 2 minutes ago

•Source:MREIS #1401010

Redfin Estimate

$462,278

$142K since sold in May 2019$9,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.8% lower than the average sale price ($507K) of 5 comparable homes.

SOLD SEP 11, 2026
$515,000
A
1 bed1 bath912 sq ft
207 Fore St #10, Portland, ME 04101
SOLD OCT 1, 2025
$600,000
B
1 bed1 bath770 sq ft
709 Chandlers Wharf #709, Portland, ME 04101
SOLD AUG 24, 2026
$735,000
C
1 bed1 bath1,166 sq ft
62 India St #206, Portland, ME 04101
SOLD AUG 21, 2026
$360,000
D
1 bed1 bath587 sq ft
148 Breakwater Dr #807, South Portland, ME 04106
SOLD DEC 19, 2025
$325,000
E
1 bed1 bath623 sq ft
15 Middle St #205, Portland, ME 04101

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Earn from this home

Sell

$215,659

Est. take-home

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Rent

$2,830/mo

Redfin rental estimate

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Market trends in 04101, ME

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.9%

0.5% MoM

Median sale price

$725K

$26K MoM

Avg. days on market

37d

9 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 7 HRS AGO
$685,000
2 beds2 baths1,317 sq ft
340 Eastern Promenade #233, Portland, ME 04101
NEW 31 HRS AGO
$1,250,000
6 beds6 baths5,253 sq ft
105 Sherman St, Portland, ME 04101
$1,025,000
6 beds3 baths3,200 sq ft
178 Congress St, Portland, ME 04101
OPEN SAT, 11AM TO 1:30PM
$725,000
2 beds1.5 baths1,317 sq ft
340 Eastern Promenade #218, Portland, ME 04101
$1,400,000
2 beds2 baths1,327 sq ft
387 Commercial St #326, Portland, ME 04101
$1,500,000
10 beds7 baths8,984 sq ft
31 Deering St, Portland, ME 04101
$1,195,000
7 beds6 baths5,472 sq ft
273 State St, Portland, ME 04101
$349,000
1 bed1 bath500 sq ft
156 York St #3, Portland, ME 04101
See all

Provided by Redfin

Sale history for 40 Portland Pier #1

Year

Property tax

Land + Additions

Assessment*

2024

$4,665 (+4.2%)

$62,160 + $248,640

$310,800

2023

$4,479 (+5.9%)

$62,160 + $248,640

$310,800

2022

$4,230 (+4.8%)

$62,160 + $248,640

$310,800

2021

$4,037 (−14.5%)

$62,160 + $248,640

$310,800

2020

$4,720

$40,500 + $162,000

$202,500

2019

$4,720 (+3.7%)

$40,500 + $162,000

$202,500

2018

$4,552 (+3.8%)

$40,500 + $162,000

$202,500

2017

$4,384 (+2.5%)

$40,500 + $162,000

$202,500

2016

$4,275 (+2.3%)

$40,500 + $162,000

$202,500

2015

$4,178 (+3.2%)

$40,500 + $162,000

$202,500

2014

$4,050

$40,500 + $162,000

$202,500

Tax history for 40 Portland Pier #1

Year

Property tax

Land + Additions

Assessment*

2024

$4,665 (+4.2%)

$62,160 + $248,640

$310,800

2023

$4,479 (+5.9%)

$62,160 + $248,640

$310,800

2022

$4,230 (+4.8%)

$62,160 + $248,640

$310,800

2021

$4,037 (−14.5%)

$62,160 + $248,640

$310,800

2020

$4,720

$40,500 + $162,000

$202,500

2019

$4,720 (+3.7%)

$40,500 + $162,000

$202,500

2018

$4,552 (+3.8%)

$40,500 + $162,000

$202,500

2017

$4,384 (+2.5%)

$40,500 + $162,000

$202,500

2016

$4,275 (+2.3%)

$40,500 + $162,000

$202,500

2015

$4,178 (+3.2%)

$40,500 + $162,000

$202,500

2014

$4,050

$40,500 + $162,000

$202,500

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

685

Year built

1988

Style

Condo/Co-op

County

Cumberland County

APN

112190

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

WCZ

DEOZ

Waterfront Central Zone

The Waterfront Central Zone was created to protect and nurture water-dependent and marine-related support uses so that they may grow and prosper in the present and into the future in an environment and area dedicated to this purpose. The following priority of uses is recognized: The first priority of this zone is to protect and nurture existing and potential water-dependent uses in a setting that enforces their continued economic viability.; The second priority is to encourage other marine and marine-related support uses so long as they do not interfere with water-dependent uses, either directly by displacement or indirectly by placing incompatible demands on the zone’s infrastructure.; Non-marine uses are encouraged provided that they do not interfere with and are not incompatible with first and second priority uses. Non-marine uses are beneficial to the waterfront economy because they provide the financial return to property owners necessary for the maintenance and improvement of the marine infrastructure.

Zone overlays

Permitted uses

Include but are not limited to:

Office
Research & development
Educational/school
Park & open space

Property details

Parking

Parking Information
Has Garage
# of Garage Spaces: 1
Parking Features: Auto Door Opener, Reserved Parking, Basement, Paved, Common, On Site, Underground
Vehicle Storage: 1 Car, Auto Door Opener, Underground, Basement

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 1

Room 1 Information
Type: Kitchen

Room 2 Information
Type: Bedroom 1
Features: Full Bath, Walk-In Closet(s)

Room 3 Information
Type: Living Room
Features: Informal, Wood-Burning Fireplace

Room 4 Information
Type: Dining Room
Features: Dining Area

Interior Features
# of Rooms: 4
Interior Features: Elevator Passenger, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living
Washer, Refrigerator, Electric Range, Dryer, Dishwasher
Flooring: Wood, Tile

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

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Brick, Steel Frame
Foundation Details: Pillar/Post/Pier
Roof: Metal
Total Building Area (Sq. Ft.): 685
Building Area Source: Public Records

Exterior Features
Patio & Porch Features: Deck

Property Information
Property Sub Type: Condominium
Year Built: 1988
Above-Grade Finished Area (Sq. Ft.): 685

Lot Information
Lot Size Source: Public Records
Lot Features: Level, Intown, Near Public Beach, Near Shopping
Road Surface Type: Paved
Zoning: wcz

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

Subdivision Information
Subdivision Name: Portland Pier Condo

Financial

Tax Information
Annual Tax Amount: $4,552
Tax Year: 2018

Utilities

Utility Information
Has Heating
Heating: Heat Pump, Hot Air
Has Cooling
Cooling: Central Air
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Electric

Location

Multi-Unit Information
# of Units in Community: 20

HOA Information
Has Association
Association Fee: $283
Association Fee Frequency: Monthly
Pets Allowed: No Dogs Allowed, Other Restrictions

Location Information
Unparsed Address: 40 Portland Pier 1, Portland, ME 04101
Directions: Commercial Street to Portland Pier. #40 on the left. Suggest parking on Commercial Street.

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 685
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 112190

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.9mi

3/10

Deering High School

Public 9-12 • Assigned • 2.5mi

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 87° expected this year, 18 days in 30 years

7/10 Wind Factor

79% 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 • 04101

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

$440,000 – $532,000

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Nearby similar homes

$1,500,000

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OPEN SUN, 2PM TO 3PM

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New listings for sale in 04101

NEW 7 HRS AGO

$685,000

2 beds2 baths1,317 sq ft

340 Eastern Promenade #233, Portland, ME 04101

NEW 31 HRS AGO

$1,250,000

6 beds6 baths5,253 sq ft

105 Sherman St, Portland, ME 04101

$1,025,000

6 beds3 baths3,200 sq ft

178 Congress St, Portland, ME 04101

OPEN SAT, 11AM TO 1:30PM

$725,000

2 beds1.5 baths1,317 sq ft

340 Eastern Promenade #218, Portland, ME 04101

$1,400,000

2 beds2 baths1,327 sq ft

387 Commercial St #326, Portland, ME 04101

$1,500,000

10 beds7 baths8,984 sq ft

31 Deering St, Portland, ME 04101

$1,195,000

7 beds6 baths5,472 sq ft

273 State St, Portland, ME 04101

$349,000

1 bed1 bath500 sq ft

156 York St #3, Portland, ME 04101

Home values near 40 Portland Pier #1

Data from public records.

Address	Redfin Estimate
40 Portland Pier Apartment 3, Portland, ME 3 Beds \| 3 Baths \| 1404 Sq. Ft.	$702,447
40 Portland Pier Apartment 16, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$424,564

Address	Redfin Estimate
40 Portland Pier Apartment 11, Portland, ME 1 Beds \| 1.5 Baths \| 1074 Sq. Ft.	$565,712
40 Portland Pier Apartment 8, Portland, ME 1 Beds \| 1 Baths \| 726 Sq. Ft.	$413,220

Address	Redfin Estimate
40 Portland Pier Apartment 20, Portland, ME 1 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$570,958
40 Portland Pier Apartment 12, Portland, ME 2 Beds \| 2 Baths \| 1214 Sq. Ft.	$659,862

Property information provided by MREIS when last listed in 2018. This data may not match . Learn more.

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