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Sign Up NowProperty Report for 48 Madison Way, Gorham, ME 04038
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Property Details
- Property Address 48 Madison Way, Gorham, ME 04038
- County Cumberland
- Parcel ID GRHM M:047 B:002 L:002
- Legal description LOT:2 BLK:2 CITY/MUNI/TWP:GORHAM
- School district N/A
- Acreage 2.04
- Property class Single Family Residence
- Zoning Subscribe
- Square footage 2,160
- Year built 2020
- Bedrooms 3
- Bathrooms 3
About the Property
48 Madison Way is a single family residence in the city of Gorham, ME 04038. Located in Cumberland County, ME and built in 2020. This Single Family Residence sits on a 88,862 sq ft lot and features 3 bedrooms, 3 bathrooms and 2,160 sq ft of living space.
The most recent property tax for 48 Madison Way was $7,548 with an estimated market value range of $726,450 to $741,125. This property was last sold on January 09, 2019 for $110,625.
Property Info
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Flood
Legal
- LOT:2 BLK:2 CITY/MUNI/TWP:GORHAM
- Classification SINGLE FAMILY RESIDENCE
- County CUMBERLAND
- FIPS 23005
- Civil Division GORHAM
- Census 230050040.024001
- Parcel ID GRHM M:047 B:002 L:002
- Neighborhood MADISON WAY SUB
- Tract 0
- Secondary School District N/A
- Primary School District N/A
Ownership
Land
- Acres 2.04
- Square Feet 88,862
Building
- Units N/A
- Year Built 2020
- Effective Year Built N/A
- Stories 2
- # Fireplaces N/A
- Garage/Carport N/A
Utilities
- Cooling N/A
- Heating Hot Water
Interior
- Square Footage
- Living Area 2,160
- Total Rooms 6
- Bedrooms 3
- Total Bathrooms 3
- Full Bathrooms 2
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Start Free TrialGorham Residential Market Stats
Median Sale Price
$600,000
+4.1% YoY
Median Price/sq ft.
$329
Cumberland County Median Sale Price
$600,000
+4.1% YoY
See more Real Estate Trends for Gorham including home values, types of properties sold and transaction volumes.
Taxes and Assessments for 48 Madison Way, Gorham
| Tax Year | Taxes | Tax Assesed Value | Exemptions |
|---|---|---|---|
| 2024 | $7,548 (+6.9%) | $513,500 | |
| 2023 | $7,061 (+7%) | $513,500 | |
| 2022 | $6,598 (+10.7%) | $513,500 (+67.2%) | |
| 2021 | |||
| 2020 | |||
| 2019 | |||
| 2018 |
Sales History for 48 Madison Way, Gorham
The most recent sale on 48 Madison Way took place on Jan 08, 2018 and recorded on Jan 09, 2019 for $110,625.
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| Sale Date | Recorded Date | Buyer(s) | Seller(s) | Price | Document ID |
|---|---|---|---|---|---|
Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
| Address | Distance | SqFt | Sale Date | Price | $/SqFt |
|---|---|---|---|---|---|
| 18 WILSON DR | 3.67 mi | 1,904 | 08/27/2025 | $590,000 | $310 |
| 136 BLUE SPRUCE FARM RD | 4.66 mi | 2,016 | 08/25/2025 | $675,000 | $335 |
| 54 VICTORIA DR | 4.07 mi | 2,436 | 08/15/2025 | $740,000 | $304 |
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Find the Most Accurate Comparables
Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.