1569 Forest Ave, Portland, ME, 04103

$995,000

0.40 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingNo Driveway, None
MLS #1589197
Lot Size0.40 Acres
StatusActive

About 1569 Forest Ave

Development site in the desirable Riverton neighborhood. Just under 1/2 +/- acres with over 1 acres of additional land potentially available. Currently in an R3 Zone that abuts B1 Zone. Changing this parcel to B1 is likely and this opens up all kinds of possibilities and even more with re-code. The lot is level, open and enjoys an existing curb cut and full city utilities. Traffic counts are off the charts so a first floor retail or restaurant are a no brainer. With existing B1 zoning, you can build to 45' and in the proposed zoning it jumps to 50'. Add in the potential for a 2.5X unit bonus (the result of LD2003 if you provide affordable units) and this becomes one of the most attractive sites in Greater Portland.

Property Details

Property Features

Listing Office:

  • Office Name: Benchmark Real Estate
  • Office Phone: (207) 775-0248

Exterior Features

Parking Information:

  • Parking: No Driveway, None

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Sidewalk, Landscaped, Near Golf Course
  • Lot Size: 0.40 Acres

School Info

Assigned Schools Information:

  • Casco Bay High School, Public District Grades 9-12
  • Deering High School, Public District Grades 9-12
  • Portland High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Riverton School, Public District Grades PK-5
  • Howard C Reiche Community School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000

Tax Information:

  • Annual Amount: $12,021
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Maine Listings
  • MLS Number: #1589197

Listing Office:

  • Office Name: Benchmark Real Estate
  • Office Phone: (207) 775-0248

IDXDisclaimer: Based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings. Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright © 2024 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 5:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,021$515,700
2019$16,882$724,230
2018$16,281$724,230
2017$15,680$724,230

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-703135
1
/10

  • Riverton School

  • 1600 Forest Ave

  • 0.08 miles

  • Public District Grades PK-5

school-card-donut-703136
1
/10

  • Howard C Reiche Community School

  • 166 Brackett St

  • 3.71 miles

  • Public District Grades KG-5

Middle School

school-card-donut-703137
3
/10

  • Lincoln Middle School

  • 522 Stevens Ave

  • 1.51 miles

  • Public District Grades 6-8

High School

school-card-donut-703138
8
/10

  • Casco Bay High School

  • 196 Allen Ave

  • 0.59 miles

  • Public District Grades 9-12

school-card-donut-703139
2
/10

  • Deering High School

  • 370 Stevens Ave

  • 1.80 miles

  • Public District Grades 9-12

school-card-donut-703140
3
/10

  • Portland High School

  • 284 Cumberland Ave

  • 3.52 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1569 Forest Ave

What is the listing price of this property?

The listing price of 1569 Forest Ave property is $995,000.

What type of property is this?

The property 1569 Forest Ave is land located in Portland, Maine, 04103.

Is this property for sale now?

Active Listing: 1569 Forest Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1569 Forest Ave are:
Riverton School: GreatSchools Rating 1/10
Howard C Reiche Community School: GreatSchools Rating 1/10
Lincoln Middle School: GreatSchools Rating 3/10
Casco Bay High School: GreatSchools Rating 8/10
Deering High School: GreatSchools Rating 2/10
Portland High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,021 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1569 Forest Ave is 0.40 acres.
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Rocket Homes›Maine›Cumberland County›Portland›04103›1569 Forest Ave

This home is located at 1569 Forest Ave in Portland, ME and zip code 04103 in the Riverton neighborhood. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since January 01, 1970 and is currently priced at $995,000.

From Rocket Homes Real Estate and based on county public records data.

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