$550,000
$25K PRICE DROP

25 Preservation Ln Unit 9 South Portland, ME 04106

Stanwood Park Neighborhood

Estimated payment $3,901/month

Total Views 10,797
3 Beds
2.5 Baths
1,560 Sq Ft
$353 Price per Sq Ft

Highlights

  • Public Beach
  • Wooded Lot
  • 1 Car Direct Access Garage
  • Property is near public transit
  • 1 Fireplace
  • Cooling Available

About This Home

This 3 bedroom, 2.5 bath townhome is low maintenance and is in like new condition. Features include an open concept kitchen-living -dining, a gas fireplace for ambiance, custom kitchen with granite counters and SS appliances, efficient heat pumps for heating and cooling, Natural Gas range and hot water, a primary bedroom with bath and balcony that overlooks the preserve, 2nd floor laundry, adequate attic storage, private patio off the living room and a 1 car attached garage. The location is centrally located and has easy access to everything SoPo or Portland have to offer plus the beaches, interstate and airport. A strong and friendly association in good standings. Pets and rentals allowed.

Listing Agent

Jason Bisson

Cottage & Co Real Estate Listed on: 05/12/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,978

Year Built

  • Built in 2019

Lot Details

  • Public Beach
  • Near Conservation Area
  • Street terminates at a dead end
  • Wooded Lot

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Driveway
  • Reserved Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • Terrace Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 9
  • Assessor Parcel Number SPOR-000035-000009-000010

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,978

Year Built

Built in 2019

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Active
  • Subdivision Name: Terrace Heights
  • Directions: Highland Ave across from South Portland High School to #9. Park 1 car in the driveway and any others past the driveway on the right side of the road.
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Other
  • Garage Yn: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1560.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Location Information:Association Fee: 350.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 4
  • Cooling:Heat Pump3: Yes
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Heat Fuel:Gas Natural: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Location:Near Public Beach: Yes
  • Basement:Slab2: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Abuts Conservation: Yes
  • Location:Near Railroad: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information # Fireplaces: 1
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 2
  • Special Features: None

Interior Features

  • Has Basement: Not Applicable
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Laminate, Carpet
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Level, Wooded, Abuts Conservation, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Auto Door Opener, Reserved Parking, 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: SPOR-000035-000009-000010
  • Zoning: R

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 5978.0
  • Tax Block: 9
  • Tax Book Number: 37747
  • Tax Lot: 10
  • Tax Map Number: 35
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,978 $452,900 $172,500 $280,400
2023 $4,976 $351,900 $143,800 $208,100
2022 $5,024 $322,900 $115,000 $207,900
2021 $4,747 $322,900 $115,000 $207,900
2020 $3,028 $153,300 $86,000 $67,300
2019 $2,928 $153,300 $86,000 $67,300
2018 $1,591 $86,000 $86,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $550,000 -2.6% $353 / Sq Ft
05/22/2025 05/22/25 Price Changed $564,900 -1.8% $362 / Sq Ft
05/12/2025 05/12/25 For Sale $575,000 -- $369 / Sq Ft
Source: Maine Listings

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 Purchase Money Mortgage
Source: Public Records

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Source: Maine Listings

MLS Number: 1622242

Maine Listings

APN: 035 009 010

Maine Cumberland County South Portland 04106 Stanwood Park

25 Preservation Ln Unit 9, South Portland, ME

This home is located at 25 Preservation Ln Unit 9, South Portland, ME 04106 and is currently priced at $550,000, approximately $352 per square foot. This property was built in 2019. 25 Preservation Ln Unit 9 is a home located in Cumberland County with nearby schools including Frank I Brown Elementary School, Daniel F. Mahoney Middle School, and South Portland High School.

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Jason Bisson
Listing Agent
Jason Bisson
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Cottage & Co Real Estate
(207) 521-9746