Prime investment opportunity on 1 acre near Gorham Village. This updated 2-bedroom, 1-bath home offers excellent value-add potential with a new metal roof, new drilled well, new four-bedroom septic, new heat pumps, new appliances, and a new screened-in porch. With 200-amp electric service already in place for an ADU, the property is well positioned for rental income, expanded living space, or future equity growth. Live in the home while you build and maximize the full potential of this versatile property.
Active under contract
$375,000
1 Straw Road, Gorham, ME 04038
2beds
756sqft
Est.:
Single Family Residence
Built in 1940
1 Acres Lot
$388,400 Zestimate®
$496/sqft
$-- HOA
What's special
- 14 days |
- 1,858 |
- 119 |
Zillow last checked:
Listing updated:
Listed by:
Landing Real Estate
Source: Maine Listings,MLS#: 1660387
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom 1
- Level: Second
Bedroom 2
- Level: Second
Kitchen
- Features: Eat-in Kitchen
- Level: First
Living room
- Level: First
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer
Features
- Flooring: Wood
- Basement: Bulkhead,Partial
- 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, Other, 1 - 4 Spaces
Features
- Patio & porch: Screened
Lot
- Size: 1 Acres
- Features: Near Golf Course, Near Turnpike/Interstate, Near Town, Corner Lot, Open Lot
Details
- Parcel number: GRHMM022B009L000
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Wood Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer, Septic Design Available, Mound Septic, Perc Test On File
- Water: Private, Well
- Utilities for property: Utilities On
Community & HOA
Location
- Region: Gorham
Financial & listing details
- Price per square foot: $496/sqft
- Tax assessed value: $167,100
- Annual tax amount: $2,885
- Date on market: 5/9/2026
- Road surface type: Paved
Estimated market value
$388,400
$369,000 - $408,000
$2,357/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Contingent | $375,000$496/sqft |
Source: | ||
| 5/9/2026 | Listed for sale | $375,000+78.6%$496/sqft |
Source: | ||
| 2/22/2024 | Sold | $210,000-8.7%$278/sqft |
Source: | ||
| 2/13/2024 | Pending sale | $230,000$304/sqft |
Source: | ||
| 2/5/2024 | Listed for sale | $230,000$304/sqft |
Source: | ||
| 1/11/2024 | Pending sale | $230,000$304/sqft |
Source: | ||
| 12/5/2023 | Listed for sale | $230,000-6.1%$304/sqft |
Source: | ||
| 12/5/2023 | Listing removed | -- |
Source: | ||
| 11/13/2023 | Price change | $245,000-5.8%$324/sqft |
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| 10/21/2023 | Price change | $260,000-7.1%$344/sqft |
Source: | ||
| 10/9/2023 | Listed for sale | $280,000$370/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,456 +6.9% | $167,100 |
| 2023 | $2,298 +7% | $167,100 |
| 2022 | $2,147 +18.9% | $167,100 +75.9% |
| 2020 | $1,805 +0.3% | $95,000 |
| 2019 | $1,800 +4.1% | $95,000 |
| 2018 | $1,729 +6.4% | $95,000 |
| 2017 | $1,625 +0.6% | $95,000 |
| 2016 | $1,615 +4.3% | $95,000 |
| 2015 | $1,549 +0.9% | $95,000 +7.7% |
| 2014 | $1,535 +0.6% | $88,200 |
| 2013 | $1,526 +6.1% | $88,200 |
| 2012 | $1,438 | $88,200 |
| 2011 | $1,438 +2.6% | $88,200 |
| 2009 | $1,402 -0.6% | $88,200 |
| 2008 | $1,411 +6.8% | $88,200 +29.5% |
| 2006 | $1,321 | $68,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 04038
Nearby schools
GreatSchools rating
- 7/10Village Elementary School-GorhamGrades: K-5Distance: 2.1 mi
- 8/10Gorham Middle SchoolGrades: 6-8Distance: 1.4 mi
- 9/10Gorham High SchoolGrades: 9-12Distance: 2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Maine
- Cumberland County
- Gorham
- 04038
- 1 Straw Road





