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CondominiumResidential
$1,584,850$1,023 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $1,742,500 on Jul 9, 2024

387 COMMERCIAL ST

PORTLAND, ME 04101
Building report
3
Beds
2
Baths
1,549 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2024
Year BuiltThe year the home was originally built, according to county records.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$1.6M
$1.5M low$1.7M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$1,742,500 · Jul 9, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$20,099 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$1,677,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$335,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$1,342,200

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyCUMBERLAND
HeatingThe type of heating system in the home.Electric
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Howard C Reiche Community SchoolF
Elementary · Grades PK–5 · 0.5 mi
H
Portland High SchoolD
High · Grades 9–12 · 0.6 mi
M
King Middle SchoolD
Middle · Grades 6–8 · 1.0 mi

District: Portland

Neighborhood · ZIP 04101These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.162
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.90
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.88

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.19,646
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.5,816 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,615
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,739
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

387 Commercial St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 96% of homes in Cumberland County
  • Among the highest price per square foot in Cumberland County
  • Among the newest homes in West End

What homes are worth in Portland 04101

Each bar is how many homes fall in that price range. The marker is this home.

This home
$306K$1.9M

This home is worth more than 95% of homes in Portland 04101.

How it measures up in Portland 04101

The dot is this home. The mark in the middle is the typical home in Portland 04101.

Estimated value$1,584,850
CheaperTypical $667,818Pricier

Pricier than 95% of homes nearby

Price per ft²$1023
CheaperTypical $586Pricier

Pricier than 97% of homes nearby

Living area1,549 ft²
SmallerTypical 1,403 ft²Bigger

Bigger than 55% of homes nearby

Year built2024
OlderTypical 1910Newer

Newer than almost all homes nearby

How 387 Commercial St ranks against every home in each area.
MeasureThis homeWest EndPortland 04101Cumberland County
Estimated valuepricier than$1,584,85086% of homes95% of homes96% of homes
Price per ft²pricier than$102398% of homes97% of homesalmost all homes
Living areabigger than1,549 ft²46% of homes55% of homes51% of homes
Year builtnewer than2024almost all homesalmost all homesalmost all homes

About 387 Commercial St

How much is 387 Commercial St, Portland, ME worth?

The TopHap Estimate for 387 Commercial St, Portland, ME is $1,584,850 as of Oct 21, 2026. The likely range is $1,462,784 to $1,706,916. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 387 Commercial St, Portland, ME last sell?

387 Commercial St, Portland, ME last sold on Jul 9, 2024 for $1,742,500, according to the county's recorded deed.

How big is 387 Commercial St, Portland, ME?

387 Commercial St, Portland, ME has 3 bedrooms, 2 bathrooms and 1,549 square feet of living space.

When was 387 Commercial St, Portland, ME built?

387 Commercial St, Portland, ME was built in 2024, making it 2 years old. It is a condo/apartment home.

What schools serve 387 Commercial St, Portland, ME?

387 Commercial St, Portland, ME is assigned to Howard C Reiche Community School (elementary), rated F; Portland High School (high), rated D; King Middle School (middle), rated D. All sit in Portland. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 387 Commercial St, Portland, ME compare to other homes in Portland 04101?

Among the 3,893 homes in Portland 04101, it is worth more than 95% of them ($1,584,850 against a typical $667,818), its price per square foot is higher than 97% of them ($1023 against a typical $586), it is bigger than 55% of them (1,549 ft² against a typical 1,403 ft²) and it is newer than almost all of them (2024 against a typical 1910). Measured against all of Cumberland County, it is worth more than 96% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 387 Commercial St, Portland, ME?

The 2025 property tax bill for 387 Commercial St, Portland, ME was $20,099. The county assessed it at $1,677,700.

More homes on Commercial St

Closest homes

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Assigned schools

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