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40 Label Ave

Portland, ME 04103

3 bd 1 ba 1,075 sqft Built 1985 Lot 9,583 sqft single_family
Most recent sale
$390,000
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $390,000 Public Record
Apr 29, 2022 Price changed $389,900 MaineListings
Apr 13, 2022 Listed $399,900 MaineListings
Aug 26, 2019 Price changed $275,000 MaineListings
Aug 21, 2019 Relisted $279,000 MaineListings
Jul 25, 2019 Listed $279,000 MaineListings
Jan 7, 2014 Listing removed $144,000 MaineListings
Dec 31, 2013 Listed $144,000 MaineListings
Sep 28, 2006 Sold $213,000 Public Record
Sep 1, 2006 Sold $213,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $243,000 $64,700 $307,700 $4,619
2023 $243,000 $64,700 $307,700 $4,434
2022 $240,200 $64,700 $304,900 $4,150
2021 $240,200 $64,700 $304,900 $3,961
2020 $105,700 $64,700 $170,400 $3,972
2019 $105,700 $64,700 $170,400 $3,972
2018 $105,700 $64,700 $170,400 $3,831
2017 $105,700 $64,700 $170,400 $3,689
2016 $91,000 $64,700 $155,700 $3,287
2015 $91,000 $64,700 $155,700 $3,212
2014 $91,000 $64,700 $155,700 $3,114
2012 $91,000 $64,700 $155,700 $2,930
2011 $91,000 $64,700 $155,700 $2,846
2009 $91,000 $64,700 $155,700 $2,762
2008 $91,000 $64,700 $155,700 $2,762

Property facts

Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,075 sqft
Lot size
9,583 sqft
ZIP code
04103
City
Portland
Street
Label Ave
Coordinates
43.69378, -70.31692

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,613
Gross rental yield
4.96%
Implied cap rate
3.23%
Trend-extrapolated value

Frequently asked questions

When did 40 Label Ave last sell?
40 Label Ave most recently sold on Jun 6, 2022 for $390,000.
What is the current tax assessment for 40 Label Ave?
The most recent total assessment for 40 Label Ave (year 2024) is $307,700 with $4,619 in property tax.
How does 40 Label Ave's assessment compare to its last sale price?
The current assessment is 21.1% below the last sale price of $390,000.
When was 40 Label Ave built?
40 Label Ave was built in 1985.
How does 40 Label Ave compare to others on Label Ave?
We track 5 other properties on Label Ave. Browse the list under "Other properties on Label Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Label Ave?
40 Label Ave is a 3 bed, 1 bath, 1,075 sqft, 9,583 sqft lot single_family.
Is 40 Label Ave a flip candidate?
No — 40 Label Ave does not appear in our flips dataset.
Is 40 Label Ave a tax-appeal candidate?
No — 40 Label Ave 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

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