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40 Hobart St

South Portland, ME 04106

2 bd 1 ba 1,000 sqft Built 1972 Lot 4,792 sqft single_family
Most recent sale
$125,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $125,000 Public Record
May 5, 2022 Listed $342,000 MaineListings
Jul 22, 2021 Listed $320,000 MaineListings
Jan 20, 2021 Sold $125,000 Public Record
Dec 4, 2020 Listed $279,900 MaineListings
Nov 13, 2017 Sold $196,875 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,300 $171,100 $366,400 $5,001
2023 $170,400 $97,000 $267,400 $3,781
2022 $148,500 $77,600 $226,100 $3,518
2021 $148,900 $77,600 $226,500 $3,330
2020 $95,300 $70,500 $165,800 $3,275
2019 $95,300 $70,500 $165,800 $3,167
2018 $95,300 $70,500 $165,800 $3,067
2017 $92,300 $70,500 $162,800 $2,930
2016 $92,300 $70,500 $162,800 $2,882
2015 $92,300 $70,500 $162,800 $2,833
2014 $92,300 $70,500 $162,800 $2,784
2012 $92,300 $70,500 $162,800 $2,521
2011 $92,300 $70,500 $162,800 $2,460
2009 $92,300 $78,400 $170,700 $2,318
2008 $97,200 $82,500 $179,700 $2,334

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
4,792 sqft
ZIP code
04106
City
South Portland
Street
Hobart St
Coordinates
43.63214, -70.30598

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
$1,500
Gross rental yield
14.40%
Implied cap rate
9.36%
Trend-extrapolated value

Frequently asked questions

When did 40 Hobart St last sell?
40 Hobart St most recently sold on Jul 11, 2022 for $125,000.
What is the current tax assessment for 40 Hobart St?
The most recent total assessment for 40 Hobart St (year 2025) is $366,400 with $5,001 in property tax.
How does 40 Hobart St's assessment compare to its last sale price?
The current assessment is 193.1% above the last sale price of $125,000.
When was 40 Hobart St built?
40 Hobart St was built in 1972.
How does 40 Hobart St compare to others on Hobart St?
We track 7 other properties on Hobart St. Browse the list under "Other properties on Hobart St" to compare beds, baths, and sale history.
What are the property facts for 40 Hobart St?
40 Hobart St is a 2 bed, 1 bath, 1,000 sqft, 4,792 sqft lot single_family.
Is 40 Hobart St a flip candidate?
No — 40 Hobart St does not appear in our flips dataset.
Is 40 Hobart St a tax-appeal candidate?
Yes — 40 Hobart St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.2%
Implied 1-yr
+12.7%
2026 Q3
$655.1K
2026 Q4
$672.4K
ZIP 04106 — Median Price History + Forecast

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