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  • $382,000

    398 Gilman Falls Avenue, Old Town, ME 04468

    4beds
    3,296sqft
    Single Family Residence
    Built in 1956
    0.64 Acres Lot
    $393,600 Zestimate®
    $116/sqft
    $3,171 Estimated rent

    Home value

    $393,600

    $287,000 - $539,000

    $3,171/mo

    Zestimate® history
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    What's special

    Nestled on a beautifully landscaped 0.64-acre lot in Old Town, Maine, this spacious garrison-style home offers over 3,200 square feet of thoughtfully updated living space. Inside, the main floor features a welcoming formal living room and dining room, a bright, updated kitchen with a large island and modern finishes, and a dedicated home office or bedroom. Upstairs, a stunning open loft provides abundant space for relaxing or entertaining. The second level also includes three generous bedrooms including a primary suite with ample closet space, one full bathroom and one-half bathroom. A bonus room in the daylight basement offers additional flexibility for a playroom, home gym, or guest area. This well-maintained home combines the charm of its 1956 construction with numerous updates from 2023, including three added bedrooms, one and a half bathrooms, a second living room, fresh paint, new flooring, new stairs and treads, trim, and updated windows and more. The attached two-car heated garage adds convenience, and the large driveway provides parking for several vehicles. Outdoors, enjoy the expansive backyard, perfect for gardening, guests, or quiet evenings on the deck. Enjoy the newly installed fire pit and outdoor lounging area, perfect for entertaining and gatherings. With its ideal mix of space, updates, and modern style, this property offers exceptional value and comfort in a peaceful, residential setting close to local amenities. Only 3.4-miles +/- to the University of Maine at Orono and 1.1-miles +/- to Interstate 95, this property location is ideal!

    Zillow last checked:

    Listing updated:

    Listed by:

    NextHome Experience

    Bought with:

    True North Realty, Inc.

    Source: Maine Listings,MLS#: 1629675MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: First
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Bonus room
    • Level: Basement
    Dining room
    • Level: First
    Great room
    • Level: Second
    Kitchen
    • Features: Cathedral Ceiling(s)
    • Level: First
    Living room
    • Features: Cathedral Ceiling(s)
    • Level: First
    Loft
    • Level: Second
    Heating
    • Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 3,296
    • Total interior livable area: 3,296 sqft
    • Finished area above ground: 2,653
    • Finished area below ground: 643

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Patio & porch: Deck
    Lot
    • Size: 0.64 Acres
    Details
    • Additional structures: Shed(s)
    • Parcel number: OLDNM006L01500A
    • Zoning: Rural Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Garrison
    • Property subtype: Single Family Residence
    Materials
    • Roof: Shingle
    Condition
    • Year built: 1956

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Location
    • Region: Old Town

    Financial & listing details

    • Price per square foot: $116/sqft
    • Tax assessed value: $327,700
    • Annual tax amount: $5,800
    • Date on market: 7/10/2025

    Price history

    DateEventPrice
    10/9/2025Sold$382,000-4.3%$116/sqft
    Source: Maine Listings #1629675 Report a problem
    10/9/2025Pending sale$399,000$121/sqft
    Source: Maine Listings #1629675 Report a problem
    9/7/2025Contingent$399,000$121/sqft
    Source: Maine Listings #1629675 Report a problem
    9/5/2025Pending sale$399,000$121/sqft
    Source: NextHome #1629675 Report a problem
    8/6/2025Price change$399,000-2.4%$121/sqft
    Source: Maine Listings #1629675 Report a problem
    8/1/2025Price change$409,000-2.4%$124/sqft
    Source: Maine Listings #1629675 Report a problem
    7/10/2025Listed for sale$419,000+27.7%$127/sqft
    Source: Maine Listings #1629675 Report a problem
    3/24/2023Sold$328,000-6.3%$100/sqft
    Source: Maine Listings #1536824 Report a problem
    1/31/2023Pending sale$349,900$106/sqft
    Source: Maine Listings #1536824 Report a problem
    11/10/2022Price change$349,900-5.4%$106/sqft
    Source: Maine Listings #1536824 Report a problem
    10/17/2022Listed for sale$369,900$112/sqft
    Source: Maine Listings #1536824 Report a problem
    10/12/2022Pending sale$369,900$112/sqft
    Source: Maine Listings #1536824 Report a problem
    9/21/2022Price change$369,900-2.6%$112/sqft
    Source: Maine Listings #1536824 Report a problem
    7/29/2022Price change$379,900-2.6%$115/sqft
    Source: Maine Listings #1536824 Report a problem
    7/18/2022Listed for sale$389,900+95%$118/sqft
    Source: Maine Listings #1536824 Report a problem
    4/30/2021Sold$200,000$61/sqft
    Source: Maine Listings #1485858 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,800 +51.6%$327,700 +51.6%
    2023$3,825 +23.7%$216,100 +46.7%
    2022$3,093 -4.6%$147,300 +3.9%
    2021$3,242 $141,800
    2020$3,242 $141,800
    2019$3,242 $141,800
    2018$3,242 +2.3%$141,800
    2017$3,169 +6%$141,800
    2016$2,991 -21.1%$141,800 -20.8%
    2015$3,790 +4.7%$179,100
    2014$3,620 +8.2%$179,100
    2013$3,347 -7.7%$179,100 -12.1%
    2012$3,626 $203,700
    2008-- $203,700
    Find assessor info on the county website

    Neighborhood: 04468

    Nearby schools

    GreatSchools rating
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