OFF MARKET

Off Market Jan 2024 for $650K

$600,511

•

1,421

sq ft

42 State St #1, Portland, ME 04101

About this home

You will fall in love with this stunning condominium near all of Portland's great amenities including The Arts District, The Old Port, and the waterfront. Inside you will find the meticulously maintained condo with a private entrance, high ceilings, original moulding, remarkable natural light, beautiful wood floors. The living room has a vintage decorative fireplace mantel, large dining room with built ins, spacious kitchen with generous cabinets and tile floor. Primary bedroom suite with recently renovated custom bath, 2nd bedroom with a ''glimpse'' of the Fore River. Large laundry/storage room. High efficiency state of the art heating system and generous basement storage. 2 off street parking spaces.

CondoProperty Type

1860Year Built

$423Est. Price/Sq.Ft.

1 spaceParking

Listed by John Hatcher • Keller Williams Realty

Bought with Sydney Harrison • Town & Shore Real Estate

Redfin checked: 3 minutes ago

•Source:MREIS #1573409

Redfin Estimate

$600,511

$49K since sold in January 2024$18K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.3% lower than the average sale price ($744K) of 6 comparable homes.

SOLD JUL 31, 2026
$660,000
A
2 beds2 baths1,382 sq ft
16 Guilford Ct Unit 2B, Portland, ME 04101
SOLD MAY 29, 2026
$743,000
B
2 beds2 baths1,180 sq ft
15 Brown St #405, Portland, ME 04101
SOLD AUG 7, 2026
$1,245,000
C
2 beds2 baths1,295 sq ft
383 Commercial St #401, Portland, ME 04101
SOLD JUL 17, 2026
$539,000
D
2 beds1 bath955 sq ft
112 Clark St #3, Portland, ME 04102
SOLD AUG 26, 2026
$639,000
E
3 beds2 baths1,512 sq ft
143 Pine St Unit 1&2, Portland, ME 04102
SOLD JUN 8, 2026
$640,000
F
2 beds2 baths1,185 sq ft
25 High St #214, Portland, ME 04101

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Earn from this home

Sell

$68,957

Est. take-home

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Rent

$4,535/mo

Redfin rental estimate

List your home for rent

Market trends in 04101, ME

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

0.5% MoM

Median sale price

$698K

$10K MoM

Avg. days on market

28d

0 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 1 HR AGO
$439,000
2 beds1 bath690 sq ft
129 York St #2, Portland, ME 04101
NEW 26 HRS AGO
$470,000
3 beds1 bath1,140 sq ft
290 Baxter Blvd Unit E2, Portland, ME 04101
OPEN SUN, 10AM TO 11:30AM
$599,000
3 beds1 bath1,396 sq ft
43 Cumberland Ave #2, Portland, ME 04101
$1,325,000
3 beds2.5 baths2,076 sq ft
15 Middle St #308, Portland, ME 04101
$989,000
5 beds3 baths3,228 sq ft
11 South St, Portland, ME 04101
$400,000
3 beds1 bath1,519 sq ft
187 Congress St, Portland, ME 04101
$339,000
1 bed1 bath938 sq ft
99 Silver St Unit 2-11, Portland, ME 04101
$425,000
1 bed1 bath935 sq ft
21 Chestnut St #606, Portland, ME 04101
$645,000
1 bed1 bath851 sq ft
716 Chandler's Wharf #716, Portland, ME 04101
$199,000
1 bed1 bath448 sq ft
58 Portland St #3, Portland, ME 04101
See all

Provided by Redfin

Sale history for 42 State St #1

Date

Event

Price

MREIS #1573409

Jan 19, 2024

Sold

$650,000

$457/sq ft

Nov 14, 2023

Price Changed

$669,500

$471/sq ft

Sep 28, 2023

Listed

$685,000

$482/sq ft

MREIS #1354817

Jul 20, 2018

Sold

$459,900

$324/sq ft

Jun 12, 2018

Listed

$459,950

$324/sq ft

+30

Enjoy everything the peninsula has to offer with this beautiful first-floor condo unit! Just steps from the ocean, arts district, state theater, Old Port, restaurants or take a short ride to Willard Beach. This stunning two-bedroom, two-bath condo shows amazing with high ceilings, great natural light, decorative fireplace, in-unit washer/dryer, hardwood floors, two parking spaces right out your door, new natural gas heating system and so much more. Call today for a private showing!

MREIS #1128687

Jun 30, 2014

Sold

$280,000

$197/sq ft

+13

Year

Property tax

Land + Additions

Assessment*

2024

$5,260 (+4.2%)

$70,080 + $280,320

$350,400

2023

$5,049 (+5.9%)

$70,080 + $280,320

$350,400

2022

$4,769 (+4.8%)

$70,080 + $280,320

$350,400

2021

$4,552 (−1.3%)

$70,080 + $280,320

$350,400

2020

$4,611

$39,600 + $158,200

$197,800

2019

$4,611 (+3.7%)

$39,600 + $158,200

$197,800

2018

$4,447 (+3.9%)

$39,600 + $158,200

$197,800

2017

$4,282 (+2.5%)

$39,600 + $158,200

$197,800

2016

$4,176 (+2.3%)

$39,600 + $158,200

$197,800

2015

$4,081 (+3.2%)

$39,600 + $158,200

$197,800

2014

$3,956

$39,600 + $158,200

$197,800

Tax history for 42 State St #1

Year

Property tax

Land + Additions

Assessment*

2024

$5,260 (+4.2%)

$70,080 + $280,320

$350,400

2023

$5,049 (+5.9%)

$70,080 + $280,320

$350,400

2022

$4,769 (+4.8%)

$70,080 + $280,320

$350,400

2021

$4,552 (−1.3%)

$70,080 + $280,320

$350,400

2020

$4,611

$39,600 + $158,200

$197,800

2019

$4,611 (+3.7%)

$39,600 + $158,200

$197,800

2018

$4,447 (+3.9%)

$39,600 + $158,200

$197,800

2017

$4,282 (+2.5%)

$39,600 + $158,200

$197,800

2016

$4,176 (+2.3%)

$39,600 + $158,200

$197,800

2015

$4,081 (+3.2%)

$39,600 + $158,200

$197,800

2014

$3,956

$39,600 + $158,200

$197,800

*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.

1,156

Year built

1860

Style

Condo/Co-op

County

Cumberland County

APN

113311

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 27, 2026.

Residential

To set aside areas on the peninsula for housing characterized primarily by multi-family dwellings at a high density providing a wide range of housing for differing types of households; to conserve the existing housing stock and residential character of neighborhoods by controlling the scale and external impacts of professional offices and other nonresidential uses; and to encourage new housing development consistent with the compact lot development pattern typically found on the peninsula.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Other
Bed & breakfast
Lodging & hospitality-Other
Cemetery
Park & open space

Property details

Parking

Parking Information
Parking Features: Reserved Parking, 1 - 4 Spaces, Paved, Common, On Site, Off Street
Vehicle Storage: 2 Car

Interior

Bathroom Information
# of Baths (Full): 2

Room 1 Information
Type: Dining Room
Level: First

Room 2 Information
Type: Bedroom 1
Level: First

Room 3 Information
Type: Kitchen
Level: First

Room 4 Information
Type: Living Room
Level: First

Room 5 Information
Type: Laundry
Level: First

Room 6 Information
Type: Primary Bedroom
Level: First

Basement Information
Basement Entry: Bulkhead, Full, Unfinished

Interior Features
# of Rooms: 6
Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Other, Shower, Storage
Refrigerator, Electric Range, 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: Wood Siding, Clapboard, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Shingle
Total Building Area (Sq. Ft.): 1,421
Building Area Source: Seller

Exterior Features
Patio & Porch Features: Porch

Property Information
Property Sub Type: Condominium
Year Built: 1860
Above-Grade Finished Area (Sq. Ft.): 1,421

Lot Information
Lot Size Source: Public Records
Lot Features: Well Landscaped, Open, Level, Sidewalks, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit
Road Surface Type: Paved
Zoning: R6

Subdivision Information
Subdivision Name: 42 STATE STREET CONDOS

Financial

Tax Information
Annual Tax Amount: $4,769
Tax Year: 2022

Utilities

Utility Information
Has Heating
Heating: Zoned, Hot Water, Direct Vent Heater, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Utilities: Utilities On
Utilities On: Yes
Water Source: Public
Water Heater: Gas, Off Heating System

Location

Multi-Unit Information
# of Units in Community: 3

HOA Information
Has Association
Association Fee: $325
Association Fee Frequency: Monthly
Pets Allowed: Other Restrictions

Location Information
Unparsed Address: 42 State Street 1, Portland, ME 04101
Directions: State Street to 42 State Street between Danforth and York Streets

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,156
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1860
Year Renovated: —
County: Cumberland County
APN: 113311

Home facts updated by county records on Jul 27, 2026

Around this home

Schools

Howard C Reiche Community School

Public PreK-5 • Assigned • 0.3mi

3/10

Deering High School

Public 9-12 • Assigned • 2.3mi

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

5/10 Heat Factor

7 days above 86° expected this year, 18 days in 30 years

6/10 Wind Factor

65% 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 • 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

$571,000 – $691,000

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Nearby similar homes

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New listings for sale in 04101

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OPEN SUN, 10AM TO 11:30AM

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Home values near 42 State St #1

Data from public records.

Address	Redfin Estimate
48 State St Apt 2, Portland, ME 1 Beds \| 1 Baths \| 651 Sq. Ft.	$359,245
48 State St Apt 33, Portland, ME 1 Beds \| 1 Baths \| 685 Sq. Ft.	$379,032

Address	Redfin Estimate
48 State St Apt 24, Portland, ME 1 Beds \| 1 Baths \| 685 Sq. Ft.	$347,407
48 State St Apt 32, Portland, ME 1 Beds \| 1 Baths \| 689 Sq. Ft.	$363,305

Address	Redfin Estimate
48 State St Apt 1, Portland, ME 1 Beds \| 1.5 Baths \| 1100 Sq. Ft.	$434,284
48 State St Apt 23, Portland, ME 1 Beds \| 1 Baths \| 685 Sq. Ft.	$352,025

Property information provided by MREIS when last listed in 2023. This data may not match . Learn more.

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