5 Madison Way Gorham, ME 04038
Estimated Value: $808,000 - $924,000
3
Beds
3
Baths
3,105
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 5 Madison Way, Gorham, ME 04038 and is currently estimated at $881,088, approximately $283 per square foot. 5 Madison Way is a home with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 22, 2009
Sold by
Skolfield Jenny L and Skolfield Stanley V
Bought by
Home Construction Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 26, 2008
Sold by
Smith & Smith Constr Inc
Bought by
Skolfield Stanley V and Skolfield Jenny L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,060
Interest Rate
2.75%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Home Construction Inc | -- | -- | |
| Skolfield Stanley V | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Skolfield Stanley V | $434,510 | |
| Closed | Skolfield Stanley V | $335,000 | |
| Previous Owner | Skolfield Stanley V | $74,060 |
Source: Public Records
Tax History Compared to Growth
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 | $10,027 | $682,100 | $191,500 | $490,600 |
| 2023 | $9,379 | $682,100 | $191,500 | $490,600 |
| 2022 | $8,765 | $682,100 | $191,500 | $490,600 |
| 2021 | $8,505 | $438,400 | $134,500 | $303,900 |
| 2020 | $8,330 | $438,400 | $134,500 | $303,900 |
| 2019 | $8,308 | $438,400 | $134,500 | $303,900 |
| 2018 | $7,979 | $438,400 | $134,500 | $303,900 |
| 2017 | $7,497 | $438,400 | $134,500 | $303,900 |
| 2016 | $7,451 | $438,300 | $134,400 | $303,900 |
| 2015 | $7,144 | $438,300 | $134,400 | $303,900 |
| 2014 | $6,821 | $392,000 | $123,600 | $268,400 |
| 2013 | $6,782 | $392,000 | $123,600 | $268,400 |
Source: Public Records
Map
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