NOT LISTED FOR SALE

37 Madison Way Gorham, ME 04038

Gorham Area

Estimated Value: $688,000 - $789,000

4 Beds
2.5 Baths
2,000 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2020

Last sale price $410,000 $205 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,696 / mo

Highlights

  • Built in 2019 | Newly Remodeled
  • View of Trees or Woods
  • Property is near public transit
  • Great Falls Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2020

Brand new colonial on one of the last lots left in the Madison Way Subdivision. List price includes kitchen island with granite, rear deck, front porch, paved drive, upgraded flooring, fixtures and trim. Other options available.

Last Agent to Sell the Property

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 12/10/2019

Last Buyer's Agent

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 12/10/2019

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 1.14 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 1 Fireplace
  • Views of Woods
  • Fire Sprinkler System
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Hot Water Heating System
  • Bottled Gas Heating
  • Underground Utilities
  • Septic Tank

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Legal Lot and Block 7 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 2019 | Newly Remodeled

Lot Details

1.14 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2000.00
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Dining Room:Dining Room: Dining Room
  • Living Room:Living Room: Living Room
  • Property Information:Deed Restrictions: Unknown
  • Property Information 2 Detached Houses on 1 Lot: No
  • Location:Location: Abuts Conservation, Neighborhood, Subdivision
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Has Basement: Interior Entry, Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Abuts Conservation, Neighborhood, Subdivided, Level, Open Lot, Landscaped, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Property Condition: New Construction
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Paved, On Site

Utilities

  • Laundry Features: Upper Level
  • Security: Fire Sprinkler System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas Bottled, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Underground
  • Sewer: Septic Tank
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49658.40
  • Zoning: R

Tax Info

  • Tax Annual Amount: 1380.00
  • Tax Block: 2
  • Tax Lot: 7
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Feb 5, 2020
Sold by
Bought by
Seller's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
Buyer's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
List Price
$439,900
Sold Price
$410,000
Premium/Discount to List
-$29,900
-6.8%
Current Estimated Value
$735,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,634
Avg. Annual Appreciation
9.46%
Original Mortgage
$369,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Gorham, ME

  • Elias Thomas Real Estate Agent - Exit Key Real Estate

    Elias Thomas

    Exit Key Real Estate

    (207) 806-5495

    113 Total Sales

    3 in Gorham

    $465K - $620K Price Range

    Elias Thomas
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  • Tim Dunham Real Estate Agent - Tim Dunham Realty

    Tim Dunham

    Responds Quickly

    Tim Dunham Realty

    (207) 417-4408

    378 Total Sales

    1 in Gorham

    $525,000 Price

    Tim Dunham
     Section Image
  • Davian Akers Real Estate Agent - Keller Williams Realty

    Davian Akers

    Keller Williams Realty

    (207) 544-4158

    129 Total Sales

    2 in Gorham

    $563K - $685K Price Range

    Davian Akers
     Section Image
  • Elias Leland Real Estate Agent - Coldwell Banker Realty

    Elias Leland

    Coldwell Banker Realty

    (207) 544-4351

    114 Total Sales

    1 in Gorham

    $499,000 Price

    Elias Leland
     Section Image
  • Melinda Torrens Real Estate Agent - Epique Realty

    Melinda Torrens

    Epique Realty

    (833) 268-6193

    29 Total Sales

    2 in Gorham

    $55K - $800K Price Range

    Melinda Torrens
     Section Image
  • Tom Landry Real Estate Agent - Benchmark Real Estate

    Tom Landry

    Benchmark Real Estate

    (207) 560-4900

    320 Total Sales

    3 in Gorham

    $600K - $865K Price Range

    Tom Landry
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $75,000
Open $369,000
Closed $369,000
Closed $235,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/12/2020 02/12/20 Sold $410,000 -6.8% $205 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $439,900 -- $220 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,737 $522,800 $96,000 $426,800
2024 $7,685 $522,800 $96,000 $426,800
2023 $7,117 $517,600 $96,000 $421,600
2022 $6,455 $502,300 $96,000 $406,300
2021 $5,341 $275,300 $72,800 $202,500
2020 $5,041 $265,300 $72,800 $192,500
2019 $1,380 $72,800 $72,800 $0
2018 $1,325 $72,800 $72,800 $0
2017 $1,245 $72,800 $72,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexander Coupe Real Estate Agent - Dan Anderson Real Estate, Inc.

    Seller's Agent in 2020

    Alexander Coupe

    Dan Anderson Real Estate, Inc.

    (207) 838-4546

    51 Total Sales

    Alexander Coupe
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Map

Source: Maine Listings

MLS Number: 1440578

Maine Listings

APN: 47/ 2/ 7/ /

Maine Cumberland County Gorham 04038

37 Madison Way, Gorham, ME

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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