$625,000
SOLD AUG 18, 2022

39 Madison Way Gorham, ME 04038

3 Beds
2.5 Baths
2,016 Sq Ft
1.32 Acres

Recently Sold

$310 Per Sq Ft

14% Above List Price

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • Great Falls Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2022

Wonderful 2 year old home conveniently located near Gorham center, while offering the privacy of a private road abutting conservation land (hiking, skiing, snowmobile trails, etc.) This colonial style home features a bonus room over the garage that could be used as a den, playroom or easily converted to a primary suite!
The open concept granite kitchen with center island provides a perfect space for entertaining.
The town of Gorham has recently taken over road maintenance and trash removal so no association fees are needed.

Last Agent to Sell the Property

Zachary Donahue

Keller Williams Realty Listed on: 06/29/2022

Co-Listed By

Janice Ryder

Keller Williams Realty

Last Buyer's Agent

Julie Ann Barros

Berkshire Hathaway HomeServices Verani Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,459

Year Built

  • Built in 2020

Lot Details

  • 1.32 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Property is zoned R3

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Shower Only

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Storm Doors
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Madison Way Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number GRHM-000047-000002-000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,459

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.32
  • Road Frontage Type: Private
  • Co List Office Mls Id: 1898
  • Co List Office Phone: 207-879-9800
  • MLS Status: Closed
  • Subdivision Name: Madison Way Subdivision
  • Directions: From 114 turn right onto Gordon Farms Road then right onto Madison Way
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Efficiency: Storm Doors
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.32
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Kitchen Countertop:Granite: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Location:Abuts Conservation: Yes
  • Equipment:DSL: Yes
  • Electric:Underground: Yes
  • Misc Amenities Sprinkler: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Shower, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Near Town, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 57499.2
  • Parcel #: GRHM-000047-000002-000006
  • Zoning: R3

Tax Info

  • Tax Annual Amount: 5459.16
  • Tax Block: 2
  • Tax Book Number: 37958
  • Tax Lot: 6
  • Tax Map Number: 47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 18, 2022
Sold by
Martino Matthew M
Bought by
Loewenberg Joshua and Steel Nicolle E
Seller's Agent
Zachary Donahue
Keller Williams Realty
Buyer's Agent
Julie Ann Barros
Berkshire Hathaway HomeServices Verani Realty
List Price
$550,000
Sold Price
$625,000
Premium/Discount to List
$75,000
13.64%
Current Estimated Value
$698,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,096
Avg. Annual Appreciation
3.61%
Original Mortgage
$500,000
Outstanding Balance
$477,216
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,880
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $625,000 +13.6% $310 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $550,000 +19.6% $273 / Sq Ft
12/19/2020 12/19/20 Sold $459,900 +2.2% $228 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $449,900 -- $223 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $7,238 $492,400 $97,100 $395,300
2023 $6,731 $489,500 $97,100 $392,400
2022 $6,353 $494,400 $97,100 $397,300
2021 $5,459 $281,400 $76,200 $205,200
2020 $1,448 $76,200 $76,200 $0
2019 $1,387 $76,200 $76,200 $0
2018 $1,387 $76,200 $76,200 $0
2017 $1,303 $76,200 $76,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2022

    Zachary Donahue

    Keller Williams Realty

  • J

    Seller Co-Listing Agent in 2022

    Janice Ryder

    Keller Williams Realty

    (207) 879-9800

    1 in this area

    49 Total Sales

    Janice Ryder
    Section Image

  • J

    Buyer's Agent in 2022

    Julie Ann Barros

    Berkshire Hathaway HomeServices Verani Realty

  • JULIE BARROS

    Buyer's Agent in 2022

    JULIE BARROS

    Lighthouse Real Estate Group

    (207) 251-0205

    1 in this area

    113 Total Sales

    JULIE BARROS
    Section Image
  • Alexander Coupe

    Seller's Agent in 2020

    Alexander Coupe

    Dan Anderson Real Estate, Inc.

    (207) 838-4546

    2 in this area

    70 Total Sales

    Alexander Coupe
    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1534526

Maine Listings

APN: 47/ 2/ 6/ /

Maine Cumberland County Gorham 04038

39 Madison Way, Gorham, ME

This home is located at 39 Madison Way, Gorham, ME 04038 and is currently priced at $625,000, approximately $310 per square foot. This property was built in 2020. 39 Madison Way is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

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.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes