$550,000
SOLD MAY 19, 2025

65 Olde Canal Way Gorham, ME 04038

6.53 Acres
$84,227 Price per Acre
284,447 Sq Ft Lot

Recently Sold

$12 Per Sq Ft

24% Below List Price

538 Days on Market

Highlights

  • 6.53 Acre Lot
  • Wooded Lot
  • No HOA
  • Great Falls Elementary School Rated A-

About This Lot

As of May 2025

This home is located at 65 Olde Canal Way, Gorham, ME 04038 and is currently priced at $550,000, approximately $12 per square foot. 65 Olde Canal Way is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

Last Agent to Sell the Property

Sylas Hatch

The Dunham Group Listed on: 05/09/2024

The Dunham Group

Co-Listed By

Theodore Haffenreffer

The Dunham Group

Last Buyer's Agent

Stefan Lopez

Maine Real Estate Co

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,193

Lot Details

  • 6.53 Acre Lot
  • Wooded Lot
  • Property is zoned Olde Canal Industria

Parking

  • No Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number GRHM-000034-000003-000003

Property Details

Property Type

Land

Est. Annual Taxes

$7,193

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 6.53
  • Co List Office Mls Id: 1795
  • Co List Office Phone: 207-773-7100
  • MLS Status: Closed
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.53
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Unknown
  • Parking Other Parking: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Wooded, Industrial Park
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway, Other

Utilities

  • Electric: Unknown
  • Sewer: Unknown
  • Water Source: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 284446.8
  • Parcel #: GRHM-000034-000003-000003
  • Zoning: Olde Canal Industria

Tax Info

  • Tax Annual Amount: 7193.0
  • Tax Book Number: 39018
  • Tax Lot: 3
  • Tax Map Number: 34
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
May 16, 2025
Sold by
65 Olde Canal Way Llc
Bought by
Landano Properties I Llc
Seller's Agent
Sylas Hatch
The Dunham Group
Buyer's Agent
Stefan Lopez
Maine Real Estate Co
List Price
$725,000
Sold Price
$550,000
Premium/Discount to List
-$175,000
-24.14%
Views
18
Current Estimated Value
$556,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,879
Avg. Annual Appreciation
3.16%
Original Mortgage
$385,000
Outstanding Balance
$383,634
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$173,245

Purchase Details

Closed on
Oct 13, 2017
Sold by
Grondin Properties Llc
Bought by
Idian Creek Investments
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $550,000 None Available
Warranty Deed $550,000 None Available
Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,000 Purchase Money Mortgage
Closed $385,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2025 05/19/25 Sold $550,000 -8.3% $12 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $600,000 -4.0% $13 / Sq Ft
01/10/2025 01/10/25 Price Changed $625,000 -7.4% $14 / Sq Ft
07/26/2024 07/26/24 Price Changed $675,000 -6.9% $15 / Sq Ft
05/09/2024 05/09/24 For Sale $725,000 0.0% $16 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
10/17/2023 10/17/23 For Sale $725,000 +83.5% $16 / Sq Ft
05/20/2021 05/20/21 Sold $395,000 -1.0% $9 / Sq Ft View Prior Sale
02/22/2021 02/22/21 Pending -- -- --
08/05/2020 08/05/20 For Sale $399,000 -- $9 / 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 $8,229 $559,800 $559,800 $0
2023 $7,697 $559,800 $559,800 $0
2022 $7,193 $559,800 $559,800 $0
2021 $6,464 $333,200 $333,200 $0
2020 $6,331 $333,200 $333,200 $0
2019 $6,314 $333,200 $333,200 $0
2018 $6,064 $333,200 $333,200 $0
2017 $5,698 $333,200 $333,200 $0
2016 $5,664 $333,200 $333,200 $0
2015 $5,431 $333,200 $333,200 $0
2014 $5,385 $309,500 $309,500 $0
2013 $5,354 $309,500 $309,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575053

Maine Listings

APN: GRHM-000034-000003-000003