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Single Family ResidenceResidential
$589,949$553 / 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 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $331,300 on Apr 21, 2015

56 BAY ST

PORTLAND, ME 04103
2
Beds
2
Baths
1,066 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.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1982
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$590K
$521K low$659K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$331,300 · Apr 21, 2015

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,338 (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.$696,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$183,200
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$512,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$456,200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.6 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.6%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyCUMBERLAND
Lot (acres)The size of the land the home sits on, from county records.0.34
HeatingThe type of heating system in the home.Hot Water
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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
Ocean AvenueB+
Elementary · Grades KG–5 · 0.4 mi
H
Deering High SchoolD
High · Grades 9–12 · 1.0 mi
M
Lyman Moore Middle SchoolC
Middle · Grades 6–8 · 1.8 mi

District: Portland

Neighborhood · ZIP 04103These 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.83
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.86

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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.8%
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.31,898
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,948 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$84,945
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$108,429
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

56 Bay 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.

  • Costs more per square foot than 92% of homes in Portland 04103
  • Smaller than 82% of homes in Portland 04103
  • Has a bigger lot than 88% of homes in Back Cove
  • Newer than 86% of homes in Back Cove

What homes are worth in Portland 04103

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

This home
$346K$1.2M

This home is worth more than 57% of homes in Portland 04103.

How it measures up in Portland 04103

The dot is this home. The mark in the middle is the typical home in Portland 04103.

Estimated value$589,949
CheaperTypical $560,020Pricier

Pricier than 57% of homes nearby

Price per ft²$553
CheaperTypical $408Pricier

Pricier than 92% of homes nearby

Living area1,066 ft²
SmallerTypical 1,506 ft²Bigger

Bigger than 18% of homes nearby

Lot size0.34 ac
SmallerTypical 0.19 acBigger

Bigger than 86% of homes nearby

Year built1982
OlderTypical 1954Newer

Newer than 71% of homes nearby

How 56 Bay St ranks against every home in each area.
MeasureThis homeBack CovePortland 04103Cumberland County
Estimated valuepricier than$589,94945% of homes57% of homes50% of homes
Price per ft²pricier than$55380% of homes92% of homes82% of homes
Living areabigger than1,066 ft²21% of homes18% of homes24% of homes
Lot sizebigger than0.34 ac88% of homes86% of homes35% of homes
Year builtnewer than198286% of homes71% of homes53% of homes

About 56 Bay St

How much is 56 Bay St, Portland, ME worth?

The TopHap Estimate for 56 Bay St, Portland, ME is $589,949 as of Sep 24, 2026. The likely range is $521,211 to $658,687. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 56 Bay St, Portland, ME last sell?

56 Bay St, Portland, ME last sold on Apr 21, 2015 for $331,300, according to the county's recorded deed.

How big is 56 Bay St, Portland, ME?

56 Bay St, Portland, ME has 2 bedrooms, 2 bathrooms, 1,066 square feet of living space and a 0.34-acre lot.

When was 56 Bay St, Portland, ME built?

56 Bay St, Portland, ME was built in 1982, making it 44 years old. It is a ranch home. The building has 1 story.

What schools serve 56 Bay St, Portland, ME?

56 Bay St, Portland, ME is assigned to Ocean Avenue (elementary), rated B+; Deering High School (high), rated D; Lyman Moore Middle School (middle), rated C. All sit in Portland. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 56 Bay St, Portland, ME compare to other homes in Portland 04103?

Among the 9,383 homes in Portland 04103, it is worth more than 57% of them ($589,949 against a typical $560,020), its price per square foot is higher than 92% of them ($553 against a typical $408), it is bigger than 18% of them (1,066 ft² against a typical 1,506 ft²), its lot is bigger than 86% of them (0.34 ac against a typical 0.19 ac) and it is newer than 71% of them (1982 against a typical 1954). Measured against all of Cumberland County, it is worth more than 50% 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 56 Bay St, Portland, ME?

The 2025 property tax bill for 56 Bay St, Portland, ME was $8,338. The county assessed it at $696,000.

More homes on Bay St

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Assigned schools

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