Closed

$200,000

395 Gorham Road, Scarborough, ME 04074

2beds

756sqft

Single Family Residence

Built in 1955

1 Acres Lot

$293,100 Zestimate^®

$265/sqft

$2,859 Estimated rent

Home value

$293,100

$261,000 - $328,000

$2,859/mo

Zestimate^® history

Owner options

List your home for rent

$2,859/mo

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$2,859/mo

Rent Zestimate^®

Refinance and save

$1,009/mo

Est. payment

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$1,009/mo

Est. payment

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What's special

Investor's Dream! Total Rehab Opportunity on 1 Acre Lot with Accessory Dwelling Unit Potential in Scarborough. This property at 395 Gorham Rd in Scarborough presents an exceptional opportunity for investors or those seeking a renovation project. Nestled on a spacious 1-acre lot, this property offers immense potential for redevelopment or renovation. With the added bonus of being grandfathered in for an Accessory Dwelling Unit (ADU) and preliminary work underway to relocate the driveway entrance to Jana Lane, this property is primed for additional income potential or extended living options. Conveniently located near amenities and major transportation routes, don't miss out on this chance to bring your vision to life in Scarborough.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bedroom 1

Level: First

Bedroom 2

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Hot Water

Cooling

None

Features

1st Floor Bedroom
Flooring: Vinyl
Basement: Exterior Entry,Dirt Floor,Unfinished
Has fireplace: No

Interior area

Total structure area: 756
Total interior livable area: 756 sqft
Finished area above ground: 756
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Reclaimed, 5 - 10 Spaces, On Site, Off Street

Lot

Size: 1 Acres
Features: Near Shopping, Near Turnpike/Interstate, Suburban, Level, Wooded

Details

Parcel number: SCARMR018L017
Zoning: RF

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Wood Frame, Vinyl Siding
Roof: Shingle

Condition

Year built: 1955

Utilities & green energy

Electric: Circuit Breakers
Sewer: Private Sewer
Water: Private

Community & HOA

Location

Region: Scarborough

Financial & listing details

Price per square foot: $265/sqft
Tax assessed value: $181,400
Annual tax amount: $2,897
Date on market: 4/30/2024

Price history

Date	Event	Price
5/21/2024	Sold	$200,000$265/sqft
Source: Maine Listings #1587818 Report a problem
5/8/2024	Pending sale	$200,000$265/sqft
Source: Maine Listings #1587818 Report a problem
4/30/2024	Listed for sale	$200,000+29%$265/sqft
Source: Maine Listings #1587818 Report a problem
7/13/2023	Sold	$155,000-22.5%$205/sqft
Source: Maine Listings #1552629 Report a problem
3/13/2023	Pending sale	$199,900$264/sqft
Source: Maine Listings #1552629 Report a problem
2/27/2023	Listed for sale	$199,900+73.8%$264/sqft
Source: Maine Listings #1552629 Report a problem
2/7/2020	Listing removed	$115,000$152/sqft
Source: Keller Williams Realty #1434387 Report a problem
12/9/2019	Price change	$115,000-10.9%$152/sqft
Source: Keller Williams Realty #1434387 Report a problem
10/29/2019	Price change	$129,000-5.8%$171/sqft
Source: Keller Williams Realty #1434387 Report a problem
10/16/2019	Price change	$137,000-8.1%$181/sqft
Source: Keller Williams Realty #1434387 Report a problem
9/26/2019	Listed for sale	$149,000$197/sqft
Source: Keller Williams Realty #1434387 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,897	$181,400
2023	$2,897 +3.8%	$181,400
2022	$2,792 +3.6%	$181,400
2020	$2,696 +0%	$181,400
2019	$2,696 +39%	$181,400 +54.3%
2017	$1,939 +3.6%	$117,600
2016	$1,872 +2.7%	$117,600
2015	$1,822 +2.6%	$117,600
2014	$1,776 +2.2%	$117,600
2013	$1,737 +7%	$117,600
2012	$1,623 +5.9%	$117,600
2011	$1,532	$117,600
2009	--	$117,600
2008	--	$117,600
2006	--	$117,600