1 Hope, Portland, ME 04101

The above stated price is the tax assessed value and a place holder only. The lender reserves the right to bid at the auction. - Real Estate Foreclosure Auction 25-97 - 13.27+/- Acre Residential Development Parcel - Adjacent to Presumpscot River Preserve - 1 Hope Ave., North Deering, PORTLAND, MAINE - Auction Date: Friday, August 15, 2025 at 11AM On Premises - Real Estate: Consists of a 13.27+/- acre parcel located in the RN-1 (Neighborhood Residential) zone. The lot is bordered on 3 sides by the Presumpscot River Preserve that provides forested walking trails and river frontage. The wooded site has 192.25+/- ft. of frontage on Hope Avenue and has a generally level topography. The neighborhood consists of higher end homes of traditional architecture. The location is conveniently located to all North Deering services and the Maine Turnpike and Falmouth Spur. Public water and sewer are available to the site. Reference Tax Map 448, Block A, Lot 1, Map 449, Block A, Lot 2 and Map 390, Block A, Lot 1. - Broker Participation Available - Contact Auctioneer to Qualify   - Terms: A $25,000 deposit (nonrefundable as to highest bidder) in CASH or CERTIFIED U.S. FUNDS, made payable to the Keenan Auction Co., Inc. (deposited with the Auctioneer as a qualification to bid), increased to 10% of the purchase price within 5 calendar days, with balance due and payable within 30 days from date of auction. The property will be sold by public auction subject to all outstanding municipal assessments. All other terms will be announced at the public sale. For a Property Information Package contact the auctioneers office and request by auction #24-97. Our 53rd Year and 8,794th Auction.