NOT LISTED FOR SALE

462 Main St Gorham, ME 04038

2 Beds
3 Baths
3,278 Sq Ft
1.38 Acre Lot

Sale Details

Date Sold: January 29, 2025

Last sale price $460,000 $140 Per Sq Ft

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Narragansett Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of January 2025

Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District. Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities. Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation or tear down.
Building 2: Features a spacious garage and two apartments: a 2-bedroom unit on the first floor and a 3-bedroom unit on the second floor. Ideal for rental income or a live-work setup. Building 3: A large, detached one-car garage with excellent visibility on Main Street, offering a fantastic opportunity for a business, studio, or retail space. With its prime location and flexible zoning, this property is a must-see for investors looking to expand their portfolio or entrepreneurs seeking a live-work opportunity. The high-traffic area and mixed-use potential make this a standout investment in the thriving Gorham market. Don't miss out on this unique property - schedule your showing today!

Last Agent to Sell the Property

Jennifer Whitehead

Dream Home Realty LLC Listed on: 12/12/2024

Last Buyer's Agent

Michael Hamilton

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1950

Lot Details

  • 1.38 Acre Lot
  • Level Lot
  • Property is zoned Mosher Corner Mixed

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Gambrel Roof
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,278 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Storage
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Hot Water Heating System
  • Heating System Uses Steam
  • Water Heated On Demand
  • Private Sewer

Additional Features

  • Shed
  • Property is near shops

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number GRHM-000030-000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,937

Year Built

Built in 1950

Lot Details

1.38 Acres

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.38
  • MLS Status: Closed
  • Directions: GPS Friendly. Sign on property.
  • Above Grade Finished Sq Ft: 3278.0
  • Architectural Style: Cape, Gambrel
  • Garage Yn: Yes
  • Year Built: 1950
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 115.62
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.38
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3278.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Detached: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Style:Gambrel: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Investors Take Note! Prime Opportunity in Gorham's Mosher Corner Mixed-Use District. Seize the chance to own a versatile property in the highly desirable Mosher Corner Mixed-Use District, offering both residential and commercial potential. This property includes three distinct buildings on a prominent Main Street, 1,38 lot, providing endless possibilities for income generation or business opportunities. Building 1: A 2-bedroom home, perfect for rental income or owner occupancy. Needs full renovation or tear down. Building 2: Features a spacious garage and two apartments: a 2-bedroom unit on the first floor and a 3-bedroom unit on the second floor. Ideal for rental income or a live-work setup. Building 3: A large, detached one-car garage with excellent visibility on Main Street, offering a fantastic opportunity for a business, studio, or retail space. With its prime location and flexible zoning, this property is a must-see for investors looking to expand their portfolio or entrepreneurs seeking a live-work opportunity. The high-traffic area and mixed-use potential make this a standout investment in the thriving Gorham market. Don't miss out on this unique property - schedule your showing today!
  • Special Features: None

Interior Features

  • Has Basement: Crawl Space, Full, Interior Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 11 - 20 Spaces, Paved, Detached

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam, Other, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60112.8
  • Parcel #: GRHM-000030-000005
  • Zoning: Mosher Corner Mixed

Tax Info

  • Tax Annual Amount: 2937.0
  • Tax Lot: 5
  • Tax Year: 2023

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 12, 2024
Closed on
Jan 28, 2025
Sold by
Bought by
Seller's Agent
Jennifer Whitehead
Dream Home Realty LLC
Buyer's Agent
Michael Hamilton
Keller Williams Realty
List Price
$379,000
Sold Price
$460,000
Premium/Discount to List
$81,000
21.37%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
0.0672%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$460,000 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 $520,000
Closed $475,000
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
01/29/2025 01/29/25 Sold $460,000 +21.4% $140 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $379,000 -- $116 / 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 $8,301 $560,900 $75,000 $485,900
2024 $7,321 $498,000 $75,000 $423,000
2023 $2,937 $213,600 $75,000 $138,600
2022 $2,745 $213,600 $75,000 $138,600
2021 $3,674 $189,400 $59,400 $130,000
2020 $3,599 $189,400 $59,400 $130,000
2019 $3,589 $189,400 $59,400 $130,000
2018 $3,978 $189,400 $59,400 $130,000
2017 $3,239 $189,400 $59,400 $130,000
2016 $3,220 $189,400 $59,400 $130,000
2015 $3,087 $189,400 $59,400 $130,000
2014 $3,115 $179,000 $54,600 $124,400
2013 $3,097 $179,000 $54,600 $124,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1611128

Maine Listings

APN: GRHM 030-005-000

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