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340 Eastern Promenade

Portland, ME 04101

2 bd 2 ba 1,378 sqft Built 1975 condo
Most recent sale
$482,000
Feb 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2023 Sold $482,000 Public Record
Nov 10, 2022 Price changed $489,000 MaineListings
Sep 27, 2022 Listed $499,000 MaineListings
Jun 11, 2021 Listed $510,000 MaineListings
Aug 25, 2017 Sold $295,000 Public Record
Jul 20, 2017 Listing removed $295,000 MaineListings
Jul 19, 2017 Listed $295,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $317,120 $79,280 $396,400 $5,950
2023 $317,120 $79,280 $396,400 $5,712
2022 $317,120 $79,280 $396,400 $5,395
2021 $317,120 $79,280 $396,400 $5,149
2020 $143,800 $36,000 $179,800 $4,191
2019 $143,800 $36,000 $179,800 $4,191
2018 $143,800 $36,000 $179,800 $4,042
2017 $143,800 $36,000 $179,800 $3,893
2016 $143,800 $36,000 $179,800 $3,796
2015 $143,800 $36,000 $179,800 $3,709
2014 $143,800 $36,000 $179,800 $3,596

Property facts

Year built
1975
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,378 sqft
Lot size
ZIP code
04101
City
Portland
Street
Eastern Promenade
Coordinates
43.66949, -70.25107

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
$2,067
Gross rental yield
5.15%
Implied cap rate
3.34%
Trend-extrapolated value

Frequently asked questions

When did 340 Eastern Promenade last sell?
340 Eastern Promenade most recently sold on Feb 3, 2023 for $482,000.
What is the current tax assessment for 340 Eastern Promenade?
The most recent total assessment for 340 Eastern Promenade (year 2024) is $396,400 with $5,950 in property tax.
How does 340 Eastern Promenade's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $482,000.
When was 340 Eastern Promenade built?
340 Eastern Promenade was built in 1975.
How does 340 Eastern Promenade compare to others on Eastern Promenade?
We track 8 other properties on Eastern Promenade. Browse the list under "Other properties on Eastern Promenade" to compare beds, baths, and sale history.
What are the property facts for 340 Eastern Promenade?
340 Eastern Promenade is a 2 bed, 2 bath, 1,378 sqft condo.
Is 340 Eastern Promenade a flip candidate?
No — 340 Eastern Promenade does not appear in our flips dataset.
Is 340 Eastern Promenade a tax-appeal candidate?
No — 340 Eastern Promenade 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
-1.9%
Implied 1-yr
-7.5%
2026 Q1
$480.5K
2026 Q2
$470.2K
ZIP 04101 — Median Price History + Forecast

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