$550,000
SOLD JAN 24, 2025

38-42 Winter St Portland, ME 04102

West End Neighborhood
0.18 Acre
$3,055,556 Price per Acre
7,841 Sq Ft Lot

Recently Sold

15% Below List Price

Highlights

  • The property is located in a historic district
  • No HOA
  • Level Lot
  • 0.18 Acre Lot

About This Lot

As of January 2025

Incredible opportunity to own or develop a prime lot in the West End of Portland. This is located in an R6 zone in the Historic District. Currently being used as a parking lot with 23 spaces with a lease in place through March 31, 2027 with a 90 day termination option. Public Water, Sewer, Telephone, Cable and Natural Gas at street. Seller intends a deed restriction that does not impede future full property development within R6 zoning parameters. The restriction specifies no building within 14ft. of the adjacent building at 44 Winter to preserve rooftop solar panel generation. Seller has commissioned a local architect's drawings illustrating how this can work. Attachments include a development study for R6 zoning.

Last Agent to Sell the Property

Jennifer Defilipp

Townsend Real Estate Listed on: 11/20/2024

Last Buyer's Agent

Asher Chappell

CORE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,309

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Open Lot
  • Property is zoned R6

Parking

  • Driveway
  • Paved Parking

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Electricity Not Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number WinterStreetPortland04102

Property Details

Property Type

Land

Est. Annual Taxes

$4,309

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Winter Street is a one way street from Danforth Street. 38-42 Winter Street Lot is on the left between Gray Street and Spring Street on Winter.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.18
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open, Level, Sidewalks, Historic District, Intown, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: 21+ Spaces, Paved

Utilities

  • Electric: No Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: WinterStreetPortland04102
  • Zoning: R6

Tax Info

  • Tax Annual Amount: 4309.0
  • Tax Book Number: 34380
  • Tax Lot: 6
  • Tax Map Number: 45
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2017
Sold by
Parsons M Linwood and Parsons Elizabeth C
Bought by
Wlp Llc
Current Estimated Value
$672,038

Purchase Details

Closed on
Oct 2, 2017
Sold by
Mercy Hospital
Bought by
Parsons M Linwood and Parsons Elizabeth C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable -- --
Not Resolvable -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $559,512 Purchase Money Mortgage
Closed $559,512 Purchase Money Mortgage
Previous Owner $8,450,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $550,000 -14.7% --
11/20/2024 11/20/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $645,000 -- --
Source: Maine Listings

Tax History Compared to Growth

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 $4,488 $299,000 $265,100 $33,900
2023 $4,309 $299,000 $265,100 $33,900
2022 $4,069 $299,000 $265,100 $33,900
2021 $3,884 $299,000 $265,100 $33,900
2020 $3,536 $151,700 $129,300 $22,400
2019 $3,536 $151,700 $129,300 $22,400
2018 $0 $151,700 $129,300 $22,400
2017 $0 $108,600 $86,200 $22,400
2016 -- $108,600 $86,200 $22,400
2015 -- $108,600 $86,200 $22,400
2014 -- $108,600 $86,200 $22,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jennifer Defilipp

    Townsend Real Estate

    (207) 272-6581

    1 in this area

    16 Total Sales

    Jennifer Defilipp
    Section Image

  • A

    Buyer's Agent in 2025

    Asher Chappell

    CORE

    Section Image
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Map

Source: Maine Listings

MLS Number: 1609891

Maine Listings

APN: PTLD-000045-000000-F006001

Maine Cumberland County Portland 04102 West End

38-42 Winter St, Portland, ME

This home is located at 38-42 Winter St, Portland, ME 04102 and is currently priced at $550,000. 38-42 Winter St is a home located in Cumberland County with nearby schools including Reiche Community School, King Middle School, and Baxter Academy for Tech & Sciences.

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