Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 26M+ properties All 50 states Methodology

56 Commonwealth Dr

Portland, ME 04103

2 bd 2 ba 1,165 sqft Built 1957 Lot 6,534 sqft single_family
Most recent sale
$425,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $425,000 Public Record
Jun 9, 2022 Listed $415,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $273,700 $60,800 $334,500 $5,021
2023 $220,000 $60,800 $280,800 $4,046
2022 $220,000 $60,800 $280,800 $3,822
2021 $220,000 $60,800 $280,800 $3,648
2020 $102,400 $60,800 $163,200 $3,804
2019 $102,400 $60,800 $163,200 $3,804
2018 $102,400 $60,800 $163,200 $3,669
2017 $102,400 $60,800 $163,200 $3,533
2016 $102,400 $60,800 $163,200 $3,445
2015 $102,400 $60,800 $163,200 $3,367
2014 $102,400 $60,800 $163,200 $3,264
2012 $102,400 $60,800 $163,200 $2,883
2011 $102,400 $60,800 $163,200 $2,801
2009 $102,400 $60,800 $163,200 $2,676
2008 $102,400 $60,800 $163,200 $2,685

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,165 sqft
Lot size
6,534 sqft
ZIP code
04103
City
Portland
Street
Commonwealth Dr
Coordinates
43.69404, -70.30684

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
$1,748
Gross rental yield
4.94%
Implied cap rate
3.21%
Trend-extrapolated value

Frequently asked questions

When did 56 Commonwealth Dr last sell?
56 Commonwealth Dr most recently sold on Aug 1, 2022 for $425,000.
What is the current tax assessment for 56 Commonwealth Dr?
The most recent total assessment for 56 Commonwealth Dr (year 2024) is $334,500 with $5,021 in property tax.
How does 56 Commonwealth Dr's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $425,000.
When was 56 Commonwealth Dr built?
56 Commonwealth Dr was built in 1957.
How does 56 Commonwealth Dr compare to others on Commonwealth Dr?
We track 8 other properties on Commonwealth Dr. Browse the list under "Other properties on Commonwealth Dr" to compare beds, baths, and sale history.
What are the property facts for 56 Commonwealth Dr?
56 Commonwealth Dr is a 2 bed, 2 bath, 1,165 sqft, 6,534 sqft lot single_family.
Is 56 Commonwealth Dr a flip candidate?
No — 56 Commonwealth Dr does not appear in our flips dataset.
Is 56 Commonwealth Dr a tax-appeal candidate?
No — 56 Commonwealth Dr 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
+2.0%
Implied 1-yr
+8.0%
2026 Q3
$708.3K
2026 Q4
$720.9K
ZIP 04103 — Median Price History + Forecast

Explore nearby