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7 Line Rd

Gorham, ME 04038

3 bd 1 ba 960 sqft Built 1988 Lot 60,984 sqft single_family
Most recent sale
$347,625
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $347,625 Public Record
Apr 16, 2022 Listed $299,000 MaineListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $196,700 $75,200 $271,900 $4,024
2023 $196,700 $75,200 $271,900 $3,739
2022 $196,700 $75,200 $271,900 $3,494
2021 $85,600 $63,600 $149,200 $2,894
2020 $85,600 $63,600 $149,200 $2,835
2019 $85,600 $63,600 $149,200 $2,827
2018 $85,600 $63,600 $149,200 $2,715
2017 $85,600 $63,600 $149,200 $2,551
2016 $85,600 $63,600 $149,200 $2,536
2015 $85,600 $63,600 $149,200 $2,432
2014 $74,700 $57,600 $132,300 $2,302
2012 $74,700 $57,600 $132,300 $2,156
2011 $74,700 $57,600 $132,300 $2,156
2009 $74,700 $57,600 $132,300 $2,104
2008 $74,700 $57,600 $132,300 $2,117

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
60,984 sqft
ZIP code
04038
City
Gorham
Street
Line Rd
Coordinates
43.69503, -70.52318

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,440
Gross rental yield
4.97%
Implied cap rate
3.23%
Trend-extrapolated value

Frequently asked questions

When did 7 Line Rd last sell?
7 Line Rd most recently sold on May 27, 2022 for $347,625.
What is the current tax assessment for 7 Line Rd?
The most recent total assessment for 7 Line Rd (year 2025) is $271,900 with $4,024 in property tax.
How does 7 Line Rd's assessment compare to its last sale price?
The current assessment is 21.8% below the last sale price of $347,625.
When was 7 Line Rd built?
7 Line Rd was built in 1988.
How does 7 Line Rd compare to others on Line Rd?
We track 2 other properties on Line Rd. Browse the list under "Other properties on Line Rd" to compare beds, baths, and sale history.
What are the property facts for 7 Line Rd?
7 Line Rd is a 3 bed, 1 bath, 960 sqft, 60,984 sqft lot single_family.
Is 7 Line Rd a flip candidate?
No — 7 Line Rd does not appear in our flips dataset.
Is 7 Line Rd a tax-appeal candidate?
No — 7 Line Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.0%
Implied 1-yr
+23.9%
2026 Q1
$540.3K
2026 Q2
$540.3K
ZIP 04038 — Median Price History + Forecast

Explore nearby

Other properties on Line Rd