1905 Congress St Portland, ME 04102
Stroudwater NeighborhoodEstimated payment $7,348/month
Highlights
- Nearby Water Access
- No HOA
- Level Lot
About This Lot
An exceptional and nearly unheard-of opportunity in one of the most desirable areas of the city of Portland. Situated on just over 0.75 acres, this property at 1905 Congress Street offers immense potential for investors, developers, or those looking to renovate and hold.
Located in a quiet residential area, yet only minutes from the airport, I-95, and major retail corridors, the property features a 4-bedroom, 1.5-bath single-family home that could be renovated or removed to make way for new development.
New condominium construction is underway behind the lot, further enhancing the investment appeal.
This property presents an outstanding opportunity for renovation, redevelopment, or investment in a high-demand location.
***Buyer to verify zoning and development potential with the city.***
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,087
Lot Details
- 0.77 Acre Lot
- Level Lot
- Open Lot
- Property is zoned RN-1
Parking
- Gravel Driveway
- Off-Street Parking
Location
- City Lot
Listing and Financial Details
- Tax Lot A004001
- Assessor Parcel Number PLTD-000217-A000004-000001
Community Details
Overview
- No Home Owners Association
Recreation
- Nearby Water Access
- Outbuilding
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $5,022 | $334,600 | $95,600 | $239,000 |
| 2023 | $4,822 | $334,600 | $95,600 | $239,000 |
| 2022 | $4,554 | $334,600 | $95,600 | $239,000 |
| 2021 | $4,346 | $334,600 | $95,600 | $239,000 |
| 2020 | $5,028 | $215,700 | $86,800 | $128,900 |
| 2019 | $5,028 | $215,700 | $86,800 | $128,900 |
| 2018 | $4,670 | $215,700 | $86,800 | $128,900 |
| 2017 | $4,670 | $215,700 | $86,800 | $128,900 |
| 2016 | $4,553 | $215,700 | $86,800 | $128,900 |
| 2015 | $4,450 | $215,700 | $86,800 | $128,900 |
| 2014 | $4,314 | $215,700 | $86,800 | $128,900 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2025 07/02/25 | Price Changed | $1,250,000 | -16.7% | $783 / Sq Ft |
| 05/23/2025 05/23/25 | For Sale | $1,499,900 | -- | $940 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | Credit Line Revolving | |
| Closed | $50,000 | Credit Line Revolving | |
| Closed | $170,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $20,125 | Unknown |
Source: Maine Listings
MLS Number: 1624610
APN: PTLD-000217-000000-A004001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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