NOT LISTED FOR SALE

51 Reservoir Rd Portland, ME 04108

Peaks Island Neighborhood

Estimated Value: $283,000 - $478,000

0.48 Acre
$842,596 Price per Acre
20,909 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $150,000

Est. 170% increase in value since last sale

Current estimated payment $2,458/month

208 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of September 2021

Here's your chance to buy land on Peaks Island! This wooded lot is in a neighborhood of lovely homes only one street off the ''Backshore.'' Just shy of a 1/2 acre, choose your site and build the island home you've always wanted.

Last Listed By

Jill Keefe

Port Island Realty Listed on: 01/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $907

Year Built

  • 2024

Lot Details

  • 0.48 Acre Lot
  • Dirt Road
  • Wooded Lot
  • Property is zoned IR1

Parking

  • No Driveway

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number PTLD-000089-J000003-000001

Property Details

Property Type

Land

Est. Annual Taxes

$907

Year Built

2024

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.48
  • Road Surface Type: Gravel, Paved
  • MLS Status: Closed
  • Directions: From Welch St., right on New Island Ave. to right on Whitehead to left on Seashore. Left on to Hussey. Property is on the corner of Hussey and Reservoir.
  • Property Information:Lot Size Acres -: 0.48
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: No
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2024

Exterior Features

  • Lot Features: Wooded, Neighborhood
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, None

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: PTLD-000089-J000003-000001
  • Zoning: IR1

Tax Info

  • Tax Annual Amount: 907.0
  • Tax Book Number: 36765
  • Tax Lot: 3
  • Tax Map Number: 89
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Bunton Mary E
Bought by
Bunton Mary E and Bunton Robert C
Total Days on Market
208
Current Estimated Value
$404,446

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 Buyer Sale Price Title Company
Bunton Mary E -- None Available
Bunton Mary E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $150,000 -18.9% --
08/03/2021 08/03/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $185,000 -- --
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 $2,574 $171,500 $130,900 $40,600
2023 $1,886 $130,900 $130,900 $0
2022 $1,782 $130,900 $130,900 $0
2021 $1,700 $130,900 $130,900 $0
2020 $907 $38,900 $38,900 $0
2019 $907 $38,900 $38,900 $0
2018 $842 $38,900 $38,900 $0
2017 $842 $38,900 $38,900 $0
2016 $821 $38,900 $38,900 $0
2015 $803 $38,900 $38,900 $0
2014 $778 $38,900 $38,900 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jill Keefe

    Port Island Realty

  • A

    Buyer's Agent in 2021

    Alyce Bauerle

    Portside Real Estate Group

    (207) 332-4476

    14 in this area

    17 Total Sales

    Alyce Bauerle
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Map

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Source: Maine Listings

MLS Number: 1479201

Maine Listings

APN: PTLD-000089-000000-J003001

Maine Cumberland County Portland 04108 Peaks Island

51 Reservoir Rd, Portland, ME

Homes for Sale in Portland, ME

This home is located at 51 Reservoir Rd, Portland, ME 04108 since 06 January 2021 and is currently estimated at $404,446. This property was built in 2024. 51 Reservoir Rd is a home located in Cumberland County with nearby schools including Peaks Island School and King Middle School.

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