NOT LISTED FOR SALE

7 Lancaster Rd Gorham, NH 03581

Estimated Value: $259,490

3 Beds
2 Baths
1,609 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2024

Last sale price $249,000 $155 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,907 / mo

226 Days on Market

Highlights

  • Barn
  • Public Water Access
  • Wooded Lot
  • Gorham High School Rated 10
  • Wood Burning Stove
  • Softwood Flooring

About This Home

As of August 2024

Located in the heart of Gorham, this mixed-use zoned property offers a little bit of everything. The large barn with utilities can be used for a business with plenty of car traffic or as a hobbyist’s haven. Store your toys or equipment fully protected from the elements. Revenue opportunities exist with the street front signage post that can accommodate up to three signs or market the home on Air B&B which has been done successfully in the past. Winter time is fun time in Gorham. ATV/Snowmobile trails are 1⁄2 mile down Rt 16 and the barn is ideal for storing your rides. The 3-bedroom, 2-bathroom home possesses wonderful character with a farmer’s porch, hard wood flooring, tin ceilings, wood burning stove and much more. Enter the home into the kitchen dining area and enjoy the island bar dining option, plenty of room for a dining table or sitting area near the wood burning stove. Closet doors hide a 1st floor laundry closet. A cozy living room with decorative ceiling panels/millwork features also holds a modern pellet stove for additional heat and ambience. The front room/den could be used as a 4th bedroom since the first-floor layout provides a full bathroom. Average Airbnb net income $21,500, 85 nights. Commercial signage revenue potential of $7,200 a year.

Last Agent to Sell the Property

Jim Harvey

Keller Williams Realty-Metropolitan License #076534 Listed on: 11/21/2023

Keller Williams Realty-Metropolitan

Last Buyer's Agent

Lucie Remillard

RE/MAX Northern Edge Realty LLC License #047111

RE/MAX Northern Edge Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,514

Year Built

  • Built in 1900

Lot Details

  • 23,087 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned CA

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Double Pane Windows
  • Window Screens
  • ENERGY STAR Qualified Dryer

Kitchen

  • Electric Range
  • Stove
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Flooring

  • Softwood
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Up Access
  • Connecting Stairway

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Covered Patio or Porch
  • Outdoor Storage
  • Outbuilding

Schools

  • Edward Fenn Elementary School
  • Gorham Middle School
  • Gorham High School

Utilities

  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Radiant Heating System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • 110 Volts
  • Oil Water Heater
  • Internet Available
  • Phone Available

Additional Features

  • City Lot
  • Barn

Community Details

  • Trails

Listing and Financial Details

  • Tax Lot L5

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,514

Year Built

Built in 1900

Lot Details

0.53 Acres

Listing Details

  • Status Detail: Closed
  • Directions: Follow US 2 toward Rt 16. House will be on your right.
  • Units per Building: 1
  • Assessment Amount: 268600
  • Assessment Year: 2022
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 154.75
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1900
  • List Agent: 286198
  • Display On Internet: Internet - Cable
  • Architectural Style: Farmhouse
  • ResoLotFeatures: City Lot, Landscaped, Level, Open, Recreational, Sloping, Walking Trails, Wooded
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher - Energy Star, Dryer - Energy Star, Range - Electric, Refrigerator-Energy Star, Washer - Energy Star, Stove - Electric, Water Heater - Off Boiler, Water Heater - Oil, Vented Exhaust Fan
  • Equipment: CO Detector, Smoke Detectr-HrdWrdw/Bat, Stove-Pellet, Stove-Wood
  • Features Accessibility: 1st Floor Full Bathroom
  • Total Bedrooms: 3
  • Flooring: Hardwood, Slate/Stone, Softwood, Tile, Vinyl
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete Floor, Stairs - Interior, Unfinished, Stairs - Basement
  • Level 1: Level 1: Bath - Full, Level 1: Den, Level 1: Kitchen/Dining, Level 1: Living Room
  • Level 2: Level 2: Bedroom, Level 2: Bath - Full, Level 2: Primary Bedroom, Level 2: Studio
  • Room 1: Kitchen/Dining, 17'9" x 20'7", On Level: 1
  • Room 2: Living Room, 12'7" x 21'2", On Level: 1
  • Room 3: Bath - Full, 8'7" x 6'1 ', On Level: 1
  • Room 4: Den, 10'1" x 16'6", On Level: 1
  • Room 5: 2, 16'1" x 10'2"
  • Room 6: Bedroom, 9'5" x 12'2", On Level: 2
  • Room 7: Bath - Full, 9'5" x 4'8", On Level: 2
  • Room 8: Studio, 23' x 12'1", On Level: 2
  • Sq Ft - Apx Finished AG: 1609
  • Sq Ft - Apx Total: 1883
  • Sq Ft - Apx Total Finished: 1609
  • Sq Ft - Apx Unfinished BG: 274

Exterior Features

  • Driveway: Paved
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle, Shingle - Other
  • Features Exterior: Barn, Building, Outbuilding, Porch, Porch - Covered, Storage, Window Screens, Windows - Double Pane
  • Construction Type: Wood Frame, Glass Exterior, Wood Exterior, Wood Siding

Garage/Parking

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved

Utilities

  • Cable Company: Spectrum
  • Electric: 110 Volt, 200 Amp
  • Fuel Company: Brown Energy
  • Sewer: Public, Public Sewer On-Site
  • Heating Fuel: Electric, Oil, Pellet, Wood
  • Heating: Baseboard, Hot Water, Radiant
  • Electric Company: Eversource
  • Phone Company: Spectrum
  • Utilities: Phone, Telephone At Site
  • Water Source: Public, Public Water - On-Site

Schools

  • Elementary School: Edward Fenn School
  • High School: Gorham High School

Lot Info

  • Map: U8
  • Lot: L5
  • Lot Sq Ft: 23087
  • Lot Acres: 0.53
  • Row Parcel Access: Unknown
  • Surveyed: Unknown
  • Zoning: CA
  • Deed Book: 1476
  • Deed Page: 0960
  • Deed Recorded Type: Warranty

Rental Info

  • Rental Amount: 1580
  • Rented: Yes

Tax Info

  • Tax Gross Amount: 6514
  • Tax Year: 2022

MLS Schools

  • School District: Gorham School District SAU #20
  • School Middle Jr: Gorham Middle School
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $249,000 0.0% $155 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $249,000 -10.8% $155 / Sq Ft
06/18/2024 06/18/24 Price Changed $279,000 -0.4% $173 / Sq Ft
06/06/2024 06/06/24 Price Changed $280,000 +0.2% $174 / Sq Ft
05/20/2024 05/20/24 Price Changed $279,500 +0.2% $174 / Sq Ft
05/02/2024 05/02/24 Price Changed $279,000 -7.9% $173 / Sq Ft
04/24/2024 04/24/24 Price Changed $303,000 -0.7% $188 / Sq Ft
04/09/2024 04/09/24 Price Changed $305,000 +1.7% $190 / Sq Ft
03/25/2024 03/25/24 Price Changed $300,000 -1.6% $186 / Sq Ft
02/27/2024 02/27/24 Price Changed $305,000 +1.7% $190 / Sq Ft
01/25/2024 01/25/24 Price Changed $300,000 -7.7% $186 / Sq Ft
11/21/2023 11/21/23 For Sale $325,000 +242.1% $202 / Sq Ft
11/15/2017 11/15/17 Sold $95,000 -13.6% $100 / Sq Ft View Prior Sale
10/06/2017 10/06/17 For Sale $110,000 0.0% $116 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $110,000 0.0% $116 / Sq Ft
06/16/2017 06/16/17 Price Changed $110,000 0.0% $116 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/13/2016 01/13/16 For Sale $110,000 +3.8% $116 / Sq Ft
07/31/2014 07/31/14 Sold $106,000 -29.3% $65 / Sq Ft View Prior Sale
06/01/2014 06/01/14 Pending -- -- --
08/31/2013 08/31/13 For Sale $149,900 -- $92 / Sq Ft
Source: PrimeMLS

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
2025 $6,266 $267,190 $45,900 $221,290
2024 $7,599 $268,600 $24,800 $243,800
2023 $6,594 $268,600 $24,800 $243,800
2022 $6,514 $268,600 $24,800 $243,800
2021 $4,286 $120,400 $19,500 $100,900
2020 $3,835 $120,400 $19,500 $100,900
2019 $4,066 $120,400 $19,500 $100,900
2018 $4,396 $120,400 $19,500 $100,900
2017 $4,088 $120,400 $19,500 $100,900
2014 $3,715 $121,100 $29,400 $91,700
2010 $4,694 $196,000 $34,200 $161,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4978386

PrimeMLS

APN: GORH M:U8 L:5

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