Seller's Agent in 2025
Laura Davis
Portside Real Estate Group
(207) 329-9744
86 Total Sales
8 Iris Ln Freeport, ME 04032
Freeport AreaEstimated Value: $615,000 - $652,244
5
Beds
4
Baths
2,299
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- 20 Feet of Waterfront
- 3.3 Acre Lot
- Main Floor Bedroom
- Mast Landing School Rated A
- Wood Flooring
- Corner Lot
About This Home
As of September 2025Welcome to 8 Iris Lane - a rare opportunity to own a well-maintained two-unit property set on 3.3 acres of privacy and natural beauty in sought-after Freeport. This property offers flexibility, space, and strong rental potential. Unit 1 features 2 comfortable bedrooms, a functional layout, and cozy living spaces - perfect for continued rental income or future personal use. Unit 2 offers 3 spacious bedrooms and has been recently updated with all new windows and stylish vinyl plank flooring. Bright and inviting, it adds to the overall appeal and value of the property. Both units are currently leased with a solid income history, making this a turnkey investment opportunity from day one. Enjoy the expansive, fenced-in backyard - ideal for pets, gardening, or outdoor entertaining - all surrounded by mature trees for a true sense of privacy and seclusion. Located just minutes from downtown Freeport's shops, restaurants, and amenities, yet tucked away in a peaceful setting, 8 Iris Lane offers the best of both worlds. Don't miss this unique opportunity to own a flexible, income-producing property in a prime location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,114
Year Built
- Built in 1955
Lot Details
- 3.3 Acre Lot
- 20 Feet of Waterfront
- Property fronts a private road
- Property fronts a freeway
- Corner Lot
- Level Lot
Parking
- Gravel Driveway
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,299 Sq Ft Home
- 2-Story Property
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- Walk-In Closet
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Location
- Property is near shops
Utilities
- No Cooling
- Space Heater
- Heating System Uses Gas
- Heating System Uses Propane
- Baseboard Heating
- Underground Utilities
- Private Water Source
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number FPRT-000023-000075
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,421
- Gross Income $48,360
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2025
Closed on
Sep 26, 2025
Sold by
Bought by
Seller's Agent
Laura Davis
Portside Real Estate Group
Buyer's Agent
Khristian Potter
Keller Williams Realty
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,439
Avg. Annual Appreciation
-1.38%
Purchase Details
Listed on
Apr 12, 2023
Closed on
May 19, 2023
Sold by
Bought by
Seller's Agent
Heidi Nottonson
Keller Williams Realty
Buyer's Agent
Laura Davis
Keller Williams Realty
List Price
$470,000
Sold Price
$501,000
Premium/Discount to List
$31,000
6.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$400,800
Interest Rate
0.0613%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $640,000 | -- | ||
| $501,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $400,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $640,000 | -1.5% | $278 / Sq Ft | |
| 08/08/2025 08/08/25 | For Sale | $650,000 | +29.7% | $283 / Sq Ft | |
| 05/19/2023 05/19/23 | Sold | $501,000 | +6.6% | $218 / Sq Ft | View Prior Sale |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- | |
| 04/12/2023 04/12/23 | For Sale | $470,000 | -- | $204 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $6,472 | $467,300 | $196,000 | $271,300 |
| 2024 | $6,114 | $458,000 | $186,700 | $271,300 |
| 2023 | $5,566 | $404,800 | $169,700 | $235,100 |
| 2022 | $4,551 | $333,400 | $141,600 | $191,800 |
| 2021 | $4,451 | $333,400 | $141,600 | $191,800 |
| 2020 | $4,351 | $310,800 | $131,200 | $179,600 |
| 2019 | $4,160 | $290,900 | $123,700 | $167,200 |
| 2018 | $4,068 | $270,300 | $115,500 | $154,800 |
| 2017 | $3,894 | $260,500 | $112,900 | $147,600 |
| 2016 | $3,816 | $241,500 | $104,500 | $137,000 |
| 2015 | $3,686 | $219,400 | $98,800 | $120,600 |
| 2014 | $3,467 | $219,400 | $98,800 | $120,600 |
| 2013 | $3,612 | $227,900 | $96,800 | $131,100 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Davis
-
Jodi Shea
J
Seller Co-Listing Agent in 2025
Jodi Shea
Portside Real Estate Group
(207) 619-7571
19 Total Sales
-
Khristian Potter
K
Buyer's Agent in 2025
Khristian Potter
Keller Williams Realty
(860) 304-1874
64 Total Sales
-
Heidi Nottonson
H
Seller's Agent in 2023
Heidi Nottonson
Keller Williams Realty
(207) 615-8836
102 Total Sales
Map
Source: Maine Listings
MLS Number: 1633685
APN: FPRT-000023-000075
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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