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118 Colonial Rd

Portland, ME 04102

3 bd 2 ba 1,966 sqft Built 1951 Lot 7,841 sqft single_family
Most recent sale
$581,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $581,000 Public Record
Jul 13, 2022 Listed $475,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $347,200 $81,500 $428,700 $6,435
2023 $347,200 $81,500 $428,700 $6,178
2022 $347,200 $81,500 $428,700 $5,835
2021 $347,200 $81,500 $428,700 $5,569
2020 $165,200 $58,600 $223,800 $5,217
2019 $165,200 $58,600 $223,800 $5,217
2018 $165,200 $58,600 $223,800 $5,031
2017 $165,200 $58,600 $223,800 $4,845
2016 $151,100 $58,600 $209,700 $4,427
2015 $140,500 $58,600 $199,100 $4,107
2014 $140,500 $58,600 $199,100 $3,982
2012 $140,500 $58,600 $199,100 $3,559
2011 $140,500 $58,600 $199,100 $3,457
2009 $135,600 $58,600 $194,200 $3,226
2008 $135,600 $58,600 $194,200 $3,235

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,966 sqft
Lot size
7,841 sqft
ZIP code
04102
City
Portland
Street
Colonial Rd
Coordinates
43.66514, -70.30437

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,949
Gross rental yield
6.09%
Implied cap rate
3.96%
Trend-extrapolated value

Frequently asked questions

When did 118 Colonial Rd last sell?
118 Colonial Rd most recently sold on Aug 22, 2022 for $581,000.
What is the current tax assessment for 118 Colonial Rd?
The most recent total assessment for 118 Colonial Rd (year 2024) is $428,700 with $6,435 in property tax.
How does 118 Colonial Rd's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $581,000.
When was 118 Colonial Rd built?
118 Colonial Rd was built in 1951.
How does 118 Colonial Rd compare to others on Colonial Rd?
We track 8 other properties on Colonial Rd. Browse the list under "Other properties on Colonial Rd" to compare beds, baths, and sale history.
What are the property facts for 118 Colonial Rd?
118 Colonial Rd is a 3 bed, 2 bath, 1,966 sqft, 7,841 sqft lot single_family.
Is 118 Colonial Rd a flip candidate?
No — 118 Colonial Rd does not appear in our flips dataset.
Is 118 Colonial Rd a tax-appeal candidate?
No — 118 Colonial Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.5%
2026 Q2
$643.8K
2026 Q3
$655.8K
ZIP 04102 — Median Price History + Forecast

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