41 Reservoir Rd is a 986 square foot house on a 0.67 acre lot with 2 bedrooms and 1 bathroom. Based on Redfin's Portland data, we estimate the home's value is $596,633.
Single-familyProperty Type
1988Year Built
0.67 acresLot Size
$605Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$596,633
$15K since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.1% lower than the average sale price ($610K) of 6 comparable homes.
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Earn from this home
Sell
$560,302
Est. take-home
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Rent
$1,863/mo
Redfin rental estimate
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Market trends in 04108, ME
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
96.6%
+1.1% MoM
Median sale price
$612K
$48K MoM
Avg. days on market
32d
39 days MoM
Recently sold homes
7
0 MoM
Provided by Redfin
Sale history for 41 Reservoir Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$6,136 (+4.2%)
$219,000 + $189,800
$408,800
2023
$5,891 (+5.9%)
$219,000 + $189,800
$408,800
2022
$5,564 (+4.8%)
$219,000 + $189,800
$408,800
2021
$5,310 (−0.3%)
$219,000 + $189,800
$408,800
2020
$5,324
$166,700 + $61,700
$228,400
2019
$5,324 (+3.7%)
$166,700 + $61,700
$228,400
2018
$5,134 (+3.8%)
$166,700 + $61,700
$228,400
2017
$4,945 (+2.6%)
$166,700 + $61,700
$228,400
2016
$4,822 (+2.3%)
$166,700 + $61,700
$228,400
2015
$4,712 (+3.2%)
$166,700 + $61,700
$228,400
2014
$4,568
$166,700 + $61,700
$228,400
Tax history for 41 Reservoir Rd
Year
Property tax
Land + Additions
Assessment*
2024
$6,136 (+4.2%)
$219,000 + $189,800
$408,800
2023
$5,891 (+5.9%)
$219,000 + $189,800
$408,800
2022
$5,564 (+4.8%)
$219,000 + $189,800
$408,800
2021
$5,310 (−0.3%)
$219,000 + $189,800
$408,800
2020
$5,324
$166,700 + $61,700
$228,400
2019
$5,324 (+3.7%)
$166,700 + $61,700
$228,400
2018
$5,134 (+3.8%)
$166,700 + $61,700
$228,400
2017
$4,945 (+2.6%)
$166,700 + $61,700
$228,400
2016
$4,822 (+2.3%)
$166,700 + $61,700
$228,400
2015
$4,712 (+3.2%)
$166,700 + $61,700
$228,400
2014
$4,568
$166,700 + $61,700
$228,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
IR-1
Island Zone
To provide for low-intensity residential, recreational, and rural uses in the less developed areas of the islands in order to preserve the rustic character of the islands, to protect groundwater resources and natural and scenic areas, and to permit only appropriate low-intensity development in areas lacking adequate public facilities and services. Select nonresidential uses may also be permitted in the IR-1 zone.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Public service
Park & open space
Property details
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Type: Forced Air
Room Information
# of Rooms: 3
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Cape Cod
Exterior Wall: Wood Siding/Shingle
Property Information
Subdivision Name: NORTH GATE SUB
Living Sq. Ft: 986
# of Units: 1
# of Stories: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 29,185
Legal Lot Number: 29
Municipality Name: PORTLAND CITY
Acres: 0.67
State Use Description: 1-FAMILY RESIDENCE
Utility Information
Sewer Type: Septic
Water Service Type: Well
Financial
Assessor Information
Assessment Year: 2024
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 986
Stories: 1.0
Lot Size: 0.67 acres
Style: Single Family Residential
Year Built: 1988
Year Renovated: —
County: Cumberland County
APN: 117438
Home facts updated by county records on Jul 27, 2026
Around this home
Schools
K - 12
Preschool & daycare
Peaks Island School
Public PreK-5 • Assigned • 0.8mi
8/10
Deering High School
Public 9-12 • Assigned • 5.8mi
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
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 86° expected this year, 18 days in 30 years
6/10 Wind Factor
69% 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 • 04108
Average low and high temperatures (°F)
31
19
33
19
43
31
49
39
59
49
70
58
75
63
73
60
68
56
59
47
50
36
37
24
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
$567,000 – $687,000
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