Estimated payment $7,356/month
Have you been seeking your own private 1 acre property in Portland? Do you need room for a large family? Are you looking for an income producing property or a unique opportunity to develop land in Portland? If any of these opportunities are what you have been searching for, 140 Pennell is the property for you! Ideally located in a desirable North Deering neighborhood on a dead end street. This unique property abuts a trail network, perfect for nature lovers and outdoor enthusiasts offering a balance of recreational opportunities and privacy.
This beautiful 5 bedroom colonial was built in 2008 and consists of a main house which is 3 bedrooms and 2 bathrooms. The spacious kitchen with quartz countertops is ideal for cooking and entertaining with direct access to a large deck for outdoor gatherings. The generous apartment features an open concept kitchen and family room, 2 bedrooms and 1 bathroom and a deck overlooking the property. There is a three car attached garage providing ample storage and backyard access. From the expansive yard, you can enjoy your privacy and directly access the extensive trail network. This home is convenient to all of the amenities of Portland. If you're looking to develop the land, there's a possibility to divide the property into multiple lots and build. 140 Pennell Avenue offers a rare opportunity that is not to be missed.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,412 | $693,700 | $82,500 | $611,200 |
| 2023 | $7,923 | $549,800 | $82,500 | $467,300 |
| 2022 | $7,483 | $549,800 | $82,500 | $467,300 |
| 2021 | $7,142 | $549,800 | $82,500 | $467,300 |
| 2020 | $8,594 | $368,700 | $97,300 | $271,400 |
| 2019 | $8,594 | $368,700 | $97,300 | $271,400 |
| 2018 | $7,292 | $368,700 | $97,300 | $271,400 |
| 2017 | $7,292 | $336,800 | $65,400 | $271,400 |
| 2016 | $4,834 | $229,000 | $65,400 | $163,600 |
| 2015 | $4,724 | $229,000 | $65,400 | $163,600 |
| 2014 | $4,580 | $229,000 | $65,400 | $163,600 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Price Changed | $1,200,000 | -4.0% | $365 / Sq Ft |
| 06/05/2025 06/05/25 | For Sale | $1,250,000 | +25.0% | $380 / Sq Ft |
| 07/11/2022 07/11/22 | Sold | $1,000,000 | +14.3% | $304 / Sq Ft |
| 05/21/2022 05/21/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $875,000 | -- | $266 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $276,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $317,600 | Unknown | |
| Previous Owner | $40,200 | Unknown | |
| Previous Owner | $213,750 | New Conventional |
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Source: Maine Listings
MLS Number: 1625445
APN: PTLD-000347-000000-A008001
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