OFF MARKET

Off market oct 2019 for $435K

$702,376

•

1,610

sq ft

40 Portland Pier #7, Portland, ME 04101

About this home

CondoProperty Type

1988Year Built

$436Est. Price/Sq.Ft.

1 car garageParking

Listed by David Banks • RE/MAX By The Bay

Bought with H Paul Deshaies • Maine Prime Properties

Redfin checked: 2 minutes ago

•Source:MREIS #1432888

Redfin Estimate

$702,376

$267K since sold in October 2019$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 26.6% lower than the average sale price ($958K) of 6 comparable homes.

SOLD SEP 30, 2026
$785,000
A
2 beds2.5 baths1,755 sq ft
603 Chandler's Wharf #603, Portland, ME 04101
SOLD APR 29, 2026
$1,080,000
B
2 beds2.5 baths1,705 sq ft
309 Chandler's Wharf #309, Portland, ME 04101
SOLD APR 8, 2026
$865,000
C
2 beds2.5 baths1,705 sq ft
105 Chandlers Wharf #105, Portland, ME 04101
SOLD JUN 1, 2026
$825,000
D
2 beds2 baths1,324 sq ft
201 Chandlers Wharf #201, Portland, ME 04101
SOLD OCT 1, 2026
$1,400,000
E
2 beds2 baths1,530 sq ft
383 Commercial St #400, Portland, ME 04101
SOLD JUN 5, 2026
$790,000
F
3 beds3 baths1,562 sq ft
40 Portland Pier #6, Portland, ME 04101

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Earn from this home

Sell

$360,975

Est. take-home

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Rent

$6,357/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

97.7%

0.3% MoM

Median sale price

$700K

$25K MoM

Avg. days on market

62d

25 days MoM

Recently sold homes

4 MoM

New listings for sale

$447,500
1 bed1 bath820 sq ft
150 Middle St Unit 4J, Portland, ME 04101
$375,000
1 bed1 bath623 sq ft
15 Middle St #305, Portland, ME 04101
$595,000
3 beds2 baths1,382 sq ft
13 Atlantic St #1, Portland, ME 04101
$725,000
2 beds1 bath990 sq ft
45 Cumberland Ave #5, Portland, ME 04101
$1,300,000
5 beds4 baths4,798 sq ft
332 Fore St, Portland, ME 04101
See all

Provided by Redfin

Sale history for 40 Portland Pier #7

Date

Event

Price

MREIS #1432888

Oct 15, 2019

Sold

$435,000

$270/sq ft

MREIS #1370186

Jun 11, 2019

Price Changed

$450,000

$280/sq ft

Dec 3, 2018

Price Changed

$479,000

$298/sq ft

Oct 5, 2018

Price Changed

$499,000

$310/sq ft

Sep 14, 2018

Listed

$515,000

$320/sq ft

MREIS #1356597

Jun 27, 2018

Price Changed

$539,000

$335/sq ft

Jun 18, 2018

Listed

$599,000

$372/sq ft

MREIS #1287492

Nov 4, 2016

Listed

$559,000

$347/sq ft

MREIS #313093

Oct 18, 1999

Listed

$229,500

$143/sq ft

Year

Property tax

Land + Additions

Assessment*

2024

$8,895 (+4.2%)

$118,520 + $474,080

$592,600

2023

$8,539 (+5.9%)

$118,520 + $474,080

$592,600

2022

$8,065 (+4.8%)

$118,520 + $474,080

$592,600

2021

$7,698 (−15.2%)

$118,520 + $474,080

$592,600

2020

$9,082

$77,900 + $311,700

$389,600

2019

$9,082 (+3.7%)

$77,900 + $311,700

$389,600

2018

$8,758 (+3.8%)

$77,900 + $311,700

$389,600

2017

$8,435 (+2.6%)

$77,900 + $311,700

$389,600

2016

$8,224 (+2.3%)

$77,900 + $311,700

$389,600

2015

$8,037 (+3.1%)

$77,900 + $311,700

$389,600

2014

$7,792

$77,900 + $311,700

$389,600

Tax history for 40 Portland Pier #7

Year

Property tax

Land + Additions

Assessment*

2024

$8,895 (+4.2%)

$118,520 + $474,080

$592,600

2023

$8,539 (+5.9%)

$118,520 + $474,080

$592,600

2022

$8,065 (+4.8%)

$118,520 + $474,080

$592,600

2021

$7,698 (−15.2%)

$118,520 + $474,080

$592,600

2020

$9,082

$77,900 + $311,700

$389,600

2019

$9,082 (+3.7%)

$77,900 + $311,700

$389,600

2018

$8,758 (+3.8%)

$77,900 + $311,700

$389,600

2017

$8,435 (+2.6%)

$77,900 + $311,700

$389,600

2016

$8,224 (+2.3%)

$77,900 + $311,700

$389,600

2015

$8,037 (+3.1%)

$77,900 + $311,700

$389,600

2014

$7,792

$77,900 + $311,700

$389,600

*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

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,610

Year built

1988

Style

Condo/Co-op

County

Cumberland County

APN

112196

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: Reserved Parking, Basement, No Driveway, On Site, Underground
Vehicle Storage: 1 Car, Underground, Basement

Interior

Bathroom Information
# of Baths (Full): 3

Room 1 Information
Type: Bedroom 2
Level: Second

Room 2 Information
Type: Bedroom 4
Level: Second

Room 3 Information
Type: Dining Room
Level: First
Features: Dining Area

Room 4 Information
Type: Bedroom 1
Level: Second

Room 5 Information
Type: Living Room
Level: First
Features: Wood-Burning Fireplace

Room 6 Information
Type: Kitchen
Level: First

Room 7 Information
Type: Primary Bedroom
Level: First
Features: Full Bath, Suite

Room 8 Information
Type: Bedroom 3
Level: Second

Interior Features
# of Rooms: 5
Interior Features: Walk-in Closets, Elevator Passenger, 1st Floor Bedroom, Bathtub, Primary Bedroom w/Bath
Refrigerator, Microwave, Electric Range, Dishwasher
Flooring: Wood, Tile, Carpet

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Exterior

Building Information
# of Buildings: 1
Construction Materials: Brick, Steel Frame
Foundation Details: Pillar/Post/Pier
Roof: Membrane, Metal
Structure Type: Townhouse
Total Building Area (Sq. Ft.): 1,610
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.): 1,610

Lot Information
Lot Size Source: Public Records
Lot Features: Level, Historic District, Intown, Near Public Beach, Near Shopping, Near Town
Road Surface Type: Paved
Zoning: WCZ

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

Subdivision Information
Subdivision Name: Portland Pier

Financial

Tax Information
Annual Tax Amount: $9,082
Tax Year: 2020

Utilities

Utility Information
Has Heating
Heating: Zoned, Heat Pump, Hot Air
Has Cooling
Cooling: Heat Pump
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities On: No
Water Source: Public
Water Heater: Electric

Location

Multi-Unit Information
# of Units in Community: 20

HOA Information
Has Association
Association Fee: $667
Association Fee Frequency: Monthly
Pets Allowed: No Dogs Allowed, No Restrictions

Location Information
Unparsed Address: 40 Portland Pier 7, Portland, ME 04101
Directions: Commercial Street to Portland Pier to #40.

Public facts

Beds: 2
Baths: 3.0
Sq. Ft.: 1,610
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 112196

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

$668,000 – $808,000

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Home values near 40 Portland Pier #7

Data from public records.

Address	Redfin Estimate
40 Portland Pier Apartment 15, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$373,404
40 Portland Pier Apartment 20, Portland, ME 1 Beds \| 1.5 Baths \| 1084 Sq. Ft.	$526,077

Address	Redfin Estimate
40 Portland Pier Apartment 3, Portland, ME 3 Beds \| 3 Baths \| 1404 Sq. Ft.	$702,994
40 Portland Pier Apartment 16, Portland, ME 1 Beds \| 1 Baths \| 640 Sq. Ft.	$438,295

Address	Redfin Estimate
40 Portland Pier Apartment 14, Portland, ME 2 Beds \| 2 Baths \| 1196 Sq. Ft.	$628,512
40 Portland Pier Apartment 6, Portland, ME 3 Beds \| 3 Baths \| 1562 Sq. Ft.	$809,305

Property information provided by MREIS when last listed in 2019. This data may not match . Learn more.

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