OFF MARKET

Off Market Nov 2020 for $470K

$703,365

•

1,404

sq ft

40 Portland Pier #3, Portland, ME 04101

About this home

Step inside and enjoy the water views on both sides of this spacious, sunny condo. You will love the open floor plan and outside space this condo offers. The view is ever changing and you will never tire of it. Located in the heart of the Portland Waterfront. Walk to numerous shops and enjoy the many fabulous Old Port restaurants steps away. Features include private decks, wood floors, FPL in living room, well equipped kitchen, dining area and office/or nursery with bath on the main floor. 2 good sized bedrooms, laundry & 2 full baths on the upper level. The condo fees include water/sewer, heat, maintenance, trash & snow removal. New heat pumps installed this year. This would be a great second home or investment property. Covered garage parking for 1 car. Elevator/secure building. no dogs allowed. Did I mention the Views?

CondoProperty Type

1988Year Built

$501Est. Price/Sq.Ft.

1 car garageParking

Listed by Erin Grady • Bostwick and Company, Inc.

Bought with Susanne Lamb • Town & Shore Real Estate

Redfin checked: a minute ago

•Source:MREIS #1464645

Redfin Estimate

$703,365

$233K since sold in November 2020$43K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.2% lower than the average sale price ($871K) of 6 comparable homes.

SOLD JUN 5, 2026
$790,000
A
3 beds3 baths1,562 sq ft
40 Portland Pier #6, Portland, ME 04101
SOLD JUN 1, 2026
$825,000
B
2 beds2 baths1,324 sq ft
201 Chandlers Wharf #201, Portland, ME 04101
SOLD JUL 20, 2026
$925,000
C
3 beds2 baths1,360 sq ft
9 Waterville St Unit 3C, Portland, ME 04101
SOLD APR 29, 2026
$1,080,000
D
2 beds2.5 baths1,705 sq ft
309 Chandler's Wharf #309, Portland, ME 04101
SOLD JUL 9, 2026
$740,000
E
2 beds2 baths1,325 sq ft
22 Hancock St #201, Portland, ME 04101
SOLD APR 8, 2026
$865,000
F
2 beds2.5 baths1,705 sq ft
105 Chandlers Wharf #105, Portland, ME 04101

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Earn from this home

Sell

$327,907

Est. take-home

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Rent

$4,423/mo

Redfin rental estimate

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Market trends in 04101, ME

Last updated August 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

$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
$795,000
2 beds1.5 baths1,177 sq ft
75 St Lawrence St #1, Portland, ME 04101
$630,000
1 bed1 bath956 sq ft
99 Federal St #301, Portland, ME 04101
$595,000
2 beds1 bath920 sq ft
80 Vesper St #2, Portland, ME 04101
3D WALKTHROUGH
$875,000
2 beds2 baths1,001 sq ft
58 Cumberland Ave #1, Portland, ME 04101
$399,000
1 bed1 bath565 sq ft
10 Exchange St #307, Portland, ME 04101
See all

Provided by Redfin

Sale history for 40 Portland Pier #3

Date

Event

Price

MREIS #1464645

Nov 2, 2020

Sold

$470,000

$335/sq ft

Aug 14, 2020

Listed

$479,900

$342/sq ft

MREIS #1153297

Jun 3, 2015

Sold

$420,000

$299/sq ft

Mar 5, 2015

Listed

$429,000

$306/sq ft

+14

MREIS #1125770

Mar 14, 2014

Listed

$469,000

$334/sq ft

MREIS #987394

Aug 4, 2010

Listed

$425,000

$303/sq ft

MREIS #914296

Oct 20, 2008

Listed

$599,000

$427/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$7,594 (+4.2%)

$101,200 + $404,700

$505,900

2023

$7,290 (+5.9%)

$101,200 + $404,700

$505,900

2022

$6,885 (+4.8%)

$101,200 + $404,700

$505,900

2021

$6,572 (−13.4%)

$101,200 + $404,700

$505,900

2020

$7,590

$65,100 + $260,500

$325,600

2019

$7,590 (+3.7%)

$65,100 + $260,500

$325,600

2018

$7,319 (+3.8%)

$65,100 + $260,500

$325,600

2017

$7,049 (+2.6%)

$65,100 + $260,500

$325,600

2016

$6,873 (+2.3%)

$65,100 + $260,500

$325,600

2015

$6,717 (+3.1%)

$65,100 + $260,500

$325,600

2014

$6,512

$65,100 + $260,500

$325,600

Tax history for 40 Portland Pier #3

Year

Property tax

Land + Additions

Assessment*

2024

$7,594 (+4.2%)

$101,200 + $404,700

$505,900

2023

$7,290 (+5.9%)

$101,200 + $404,700

$505,900

2022

$6,885 (+4.8%)

$101,200 + $404,700

$505,900

2021

$6,572 (−13.4%)

$101,200 + $404,700

$505,900

2020

$7,590

$65,100 + $260,500

$325,600

2019

$7,590 (+3.7%)

$65,100 + $260,500

$325,600

2018

$7,319 (+3.8%)

$65,100 + $260,500

$325,600

2017

$7,049 (+2.6%)

$65,100 + $260,500

$325,600

2016

$6,873 (+2.3%)

$65,100 + $260,500

$325,600

2015

$6,717 (+3.1%)

$65,100 + $260,500

$325,600

2014

$6,512

$65,100 + $260,500

$325,600

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,404

Year built

1988

Style

Condo/Co-op

County

Cumberland County

APN

112192

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: Common, 1 - 4 Spaces
Vehicle Storage: 1 Car, Auto Door Opener

Interior

Virtual Tour

Bathroom Information
# of Baths (Full): 3

Room 1 Information
Type: Bedroom 3
Level: First
Features: Closet

Room 2 Information
Type: Living Room
Level: First
Features: Wood-Burning Fireplace

Room 3 Information
Type: Kitchen
Level: First

Room 4 Information
Type: Primary Bedroom
Level: Second
Features: Balcony/Deck, Closet, Double Vanity, Full Bath

Room 5 Information
Type: Bedroom 2
Level: Second
Features: Closet, Skylight

Room 6 Information
Type: Dining Room
Level: First

Interior Features
# of Rooms: 6
Interior Features: 1st Floor Bedroom, Bathtub, Elevator Passenger, Shower, Storage, Walk-In Closet(s), Primary Bedroom w/Bath
Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring: Tile, Wood

Laundry Information
Laundry Features: Upper Level

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
Construction Materials: Wood Frame, Brick
Roof: Metal
Structure Type: Townhouse
Total Building Area (Sq. Ft.): 1,404
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.): 1,404

Lot Information
Lot Size Source: Public Records
Lot Features: Historic District, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Railroad, Level, Sidewalks, Near Public Transit
Road Surface Type: Paved
Zoning: WCZ

Waterfront Information
Waterfront: Yes
Water Body Name: Atlantic Ocean
Water Body Type: Harbor, Ocean
Water View: Yes

Financial

Tax Information
Annual Tax Amount: $7,590
Tax Year: 2019

Utilities

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

Location

Multi-Unit Information
# of Units in Community: 40

HOA Information
Has Association
Association Fee: $580.87
Association Fee Frequency: Monthly
Pets Allowed: No Dogs Allowed

Location Information
Unparsed Address: 40 Portland Pier 3, Portland, ME 04101
Directions: Commercial St in Portland to Portland Pier #40 on left

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,404
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 112192

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

$669,000 – $809,000

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Home values near 40 Portland Pier #3

Data from public records.

Address	Redfin Estimate
40 Portland Pier Unit 15, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$379,274
40 Portland Pier Unit 16, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$430,619

Address	Redfin Estimate
40 Portland Pier Unit 14, Portland, ME 2 Beds \| 2 Baths \| 1196 Sq. Ft.	$615,901
40 Portland Pier Unit 8, Portland, ME 1 Beds \| 1 Baths \| 726 Sq. Ft.	$415,858

Address	Redfin Estimate
40 Portland Pier Unit 20, Portland, ME 1 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$598,476
40 Portland Pier Unit 6, Portland, ME 3 Beds \| 3 Baths \| 1562 Sq. Ft.	$812,637

Property information provided by MREIS when last listed in 2020. This data may not match . Learn more.

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