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Distressed Sales — Maine Real Estate

Below-assessment property sales across Maine.

Live data
Currently viewing: Maine · View nationwide
Distressed sales
97,582
+43.5%
Average discount
+43.5%
Largest single discount
$49,801,887
Most active state
California
Distressed sales
567 results · page 6 of 12
Address City, State Sale date Sale price Prior assessment Assess. yr Discount %
15 Granite Ridge Rd Cumberland Foreside, ME Jun 21, 2022 $125,000 $459,900 2021 -72.8%
15 Austin St Bristol, ME Jun 17, 2022 $149,000 $225,800 2021 -34.0%
348 Swain Rd Rumford, ME Jun 16, 2022 $75,000 $106,800 2021 -29.8%
257 Mussey St South Portland, ME Jun 15, 2022 $209,500 $313,100 2021 -33.1%
299 Lycette Rd Amity, ME Jun 14, 2022 $98,750 $192,600 2021 -48.7%
3 Mill Pond Dr Bath, ME Jun 13, 2022 $181,250 $314,700 2021 -42.4%
84 Drakes Island Rd Wells, ME Jun 13, 2022 $622,000 $1,039,370 2021 -40.2%
2 Cummings Ln Alton, ME Jun 13, 2022 $28,500 $157,820 2021 -81.9%
46 Rivers Edge Dr Woolwich, ME Jun 10, 2022 $487,500 $928,900 2021 -47.5%
171 Pownal Rd Freeport, ME Jun 8, 2022 $300,000 $384,700 2021 -22.0%
50 Main St Strong, ME Jun 7, 2022 $115,625 $167,700 2021 -31.1%
423 Dover Rd Boothbay, ME Jun 7, 2022 $134,000 $233,185 2021 -42.5%
28 Hudsons Way Naples, ME Jun 7, 2022 $34,375 $46,273 2021 -25.7%
53 Resh Rd Searsport, ME Jun 6, 2022 $30,000 $47,700 2021 -37.1%
13 Cedarbrook Scarborough, ME Jun 6, 2022 $150,000 $240,000 2021 -37.5%
61 Poseidon Ln South Bristol, ME Jun 6, 2022 $272,187 $399,900 2021 -31.9%
1195 Acton Ridge Rd Acton, ME Jun 3, 2022 $69,900 $379,543 2021 -81.6%
827 Main St Auburn, ME Jun 2, 2022 $110,000 $176,100 2021 -37.5%
163 High St Bath, ME Jun 2, 2022 $125,000 $193,300 2021 -35.3%
41 Shore Dr Freeport, ME Jun 2, 2022 $312,500 $414,200 2021 -24.6%
106 Bean St Turner, ME Jun 2, 2022 $130,000 $165,100 2021 -21.3%
130 Main St Vinalhaven, ME Jun 2, 2022 $110,000 $148,800 2021 -26.1%
406 Main St Springvale, ME Jun 2, 2022 $75,000 $139,100 2021 -46.1%
64 Pleasant St Mechanic Falls, ME May 31, 2022 $125,000 $164,810 2021 -24.2%
142 Darbick Ter Hollis Center, ME May 31, 2022 $360,000 $453,530 2021 -20.6%
4 Brook Ln Biddeford, ME May 31, 2022 $125,000 $314,700 2021 -60.3%
23 Wildwood Cir Buxton, ME May 24, 2022 $150,000 $251,567 2021 -40.4%
12 1st St York, ME May 24, 2022 $320,000 $471,200 2021 -32.1%
6 Nichols Farm Way Phippsburg, ME May 24, 2022 $40,625 $52,000 2021 -21.9%
20 Eastlawn Rd Portland, ME May 23, 2022 $209,218 $286,500 2021 -27.0%
10 Cedar St Camden, ME May 23, 2022 $105,000 $702,600 2021 -85.1%
42 Cross Hill Rd Cape Elizabeth, ME May 20, 2022 $442,500 $573,700 2021 -22.9%
273 Ocean St South Portland, ME May 19, 2022 $50,000 $187,400 2021 -73.3%
146 Simpson Rd Saco, ME May 18, 2022 $431,250 $605,800 2021 -28.8%
25 Howard St Springvale, ME May 12, 2022 $131,250 $167,500 2021 -21.6%
284 Federal St Wiscasset, ME May 10, 2022 $196,000 $265,400 2021 -26.1%
3509 Aroostook Rd Eagle Lake, ME May 10, 2022 $42,812 $76,700 2021 -44.2%
71 Lyndsay Ln Glenburn, ME May 9, 2022 $151,000 $248,830 2021 -39.3%
16 Crestview Dr Portland, ME May 5, 2022 $75,000 $422,400 2021 -82.2%
84 Sebago Rd Sebago, ME May 5, 2022 $120,000 $240,795 2021 -50.2%
716 Highland Rd Warren, ME May 4, 2022 $28,750 $179,500 2021 -84.0%
2014 Birch Trail Rd Carrabassett Valley, ME May 3, 2022 $150,000 $343,000 2021 -56.3%
107 Euclid Ave Portland, ME May 3, 2022 $241,250 $329,100 2021 -26.7%
11 Patterson St Hampden, ME May 2, 2022 $70,000 $115,900 2021 -39.6%
84 Crowley Rd Lincolnville, ME May 2, 2022 $73,750 $227,200 2021 -67.5%
9 Halls Ln Rockland, ME Apr 27, 2022 $25,000 $94,500 2021 -73.5%
15 Boynton St Portland, ME Apr 26, 2022 $307,500 $495,400 2021 -37.9%
31 Woodmont St Portland, ME Apr 26, 2022 $173,500 $416,800 2021 -58.4%
6 Brasley Ave Glenburn, ME Apr 25, 2022 $63,000 $191,620 2021 -67.1%
18 Smithwheel Rd Old Orchard Beach, ME Apr 25, 2022 $65,000 $93,600 2021 -30.6%
Methodology

A "distressed sale" is defined as a property whose final sale price was at least 20% below its prior-year tax assessment. These often correlate with foreclosures, estate sales, and motivated-seller situations. Investors frequently scan distressed-sale lists for acquisition opportunities.

Source: county deed records and tax-assessment rolls.