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.
Closed
$200,000
395 Gorham Road, Scarborough, ME 04074
2beds
756sqft
Single Family Residence
Built in 1955
1 Acres Lot
$244,400 Zestimate®
$265/sqft
$2,042 Estimated rent
Home value
$244,400
$218,000 - $271,000
$2,042/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 23, 2024 at 11:49am
Listed by:
Signature Homes Real Estate Group, LLC
Bought with:
Signature Homes Real Estate Group, LLC
Source: Maine Listings,MLS#: 1587818
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 & neighborhood
Location
- Region: Scarborough
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 | ||
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 |
Find assessor info on the county website
Neighborhood: 04074
Nearby schools
GreatSchools rating
- NAEight Corners Elementary SchoolGrades: K-2Distance: 2.1 mi
- 9/10Scarborough Middle SchoolGrades: 6-8Distance: 3.3 mi
- 9/10Scarborough High SchoolGrades: 9-12Distance: 3.8 mi
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