Sitting on a ½ acre at the very top of Luther St. , this impeccably renovated 1880s year-round home has everything you could want: 4 bedrooms, 2 baths, family room w/ wood stove plus living room w/ fireplace, great kitchen & dining area. And a classic front porch for rocking and relaxing! Just a short distance to the ferry, school, shopping and beaches, what more could you want? Showings begin Monday Oct. 4th. All offers must be in by 5 pm Sunday Oct. 10th. Response by 12pm Tuesday Oct. 12th.
Claim this home to receive a free report every month with insights on the changing estimate.
Earn from this home
Sell
$266,642
Est. take-home
List your home with Redfin and save $9,259
Rent
$2,975/mo
Redfin rental estimate
List your home for rent
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 71 Luther St
Date
Event
Price
MREIS #1510966
Nov 30, 2021
Sold
$835,000
$421/sq ft
Oct 4, 2021
Listed
$834,000
$421/sq ft
MREIS #1131173
Jan 23, 2015
Sold
$284,000
$143/sq ft
A circa 1880's home sitting on 1/2+ acre in the village area of Peaks Island with almost 2,000 sq. ft. of living space. 4 bedrooms, 2 baths, family room with woodstove, living room w/ fireplace * * , some wide pine floors - it needs a little work but . !
MREIS #1076609
Dec 17, 2012
Listed
$314,500
$159/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$7,169 (+4.2%)
$143,100 + $334,500
$477,600
2023
$6,882 (+8.7%)
$143,100 + $334,500
$477,600
2022
$6,330 (+4.8%)
$143,100 + $322,000
$465,100
2021
$6,042 (−13.6%)
$143,100 + $322,000
$465,100
2020
$6,995 (+1.8%)
$169,100 + $131,000
$300,100
2019
$6,869 (+5.3%)
$169,100 + $125,600
$294,700
2018
$6,524 (+3.8%)
$169,100 + $121,100
$290,200
2017
$6,283 (+2.6%)
$169,100 + $121,100
$290,200
2016
$6,126 (−17.9%)
$169,100 + $121,100
$290,200
2015
$7,460
$210,800 + $150,800
$361,600
Tax history for 71 Luther St
Year
Property tax
Land + Additions
Assessment*
2024
$7,169 (+4.2%)
$143,100 + $334,500
$477,600
2023
$6,882 (+8.7%)
$143,100 + $334,500
$477,600
2022
$6,330 (+4.8%)
$143,100 + $322,000
$465,100
2021
$6,042 (−13.6%)
$143,100 + $322,000
$465,100
2020
$6,995 (+1.8%)
$169,100 + $131,000
$300,100
2019
$6,869 (+5.3%)
$169,100 + $125,600
$294,700
2018
$6,524 (+3.8%)
$169,100 + $121,100
$290,200
2017
$6,283 (+2.6%)
$169,100 + $121,100
$290,200
2016
$6,126 (−17.9%)
$169,100 + $121,100
$290,200
2015
$7,460
$210,800 + $150,800
$361,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.57 Acres
Year renovated
—
Sq. Ft.
1,983
Year built
1900
Style
Single Family Residential
County
Cumberland County
APN
116962
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Property details
Parking
Parking Information
Parking Features: 1 - 4 Spaces, On Site, Off Street
Construction Materials: Shingle Siding, Wood Frame
Foundation Details: Stone, Brick/Mortar
Roof: Membrane
Total Building Area (Sq. Ft.): 1,983
Building Area Source: Public Records
Exterior Features
Patio & Porch Features: Deck, Porch
Other Structures: Outbuilding, Shed(s)
Property Information
Property Sub Type: Single Family Residence
Year Built: 1880
Above-Grade Finished Area (Sq. Ft.): 1,983
Lot Information
Lot Size (Sq. Ft.): $24,393.60
Lot Size (Acres): 0.56
Lot Size Source: Public Records
Lot Features: Well Landscaped, Rolling/Sloping, Open, Near Town, Neighborhood
Zoning: IR2
Financial
Tax Information
Annual Tax Amount: $6,041
Tax Year: 2022
Utilities
Utility Information
Has Heating
Heating: Zoned, Stove, Hot Water, Baseboard
Electric: Circuit Breakers
Sewer: Public Sewer
Water Source: Public
Water Heater: Gas, Tank
Location
Location Information
Unparsed Address: 71 Luther Street, Portland, ME 04108
Directions: From the top of Welch St. , turn left on to Island Ave. Continue on Island -Luther St. is 7 blocks down on the right. The property is at the top of the street on the right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,983
Stories: 2.0
Lot Size: 0.57 acres
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Cumberland County
APN: 116962
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 • 0.1mi
8/10
Deering High School
Public 9-12 • Assigned • 5.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
$880,000 – $1.07M
Reach more buyers when you sell with Redfin. Save up to $9,259 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.