39 Madison Way
Gorham, ME 04038
3 bd 3 ba 1,924 sqft Built 2020 Lot 57,499 sqft single_family
Most recent sale
$625,000
Aug 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2022 | Sold | $625,000 | Public Record |
| Jun 29, 2022 | Listed | $550,000 | MaineListings |
| Nov 15, 2020 | Price changed | $459,900 | MaineListings |
| Nov 14, 2020 | Listed | $449,900 | MaineListings |
| Dec 10, 2019 | Listed | $139,900 | MaineListings |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $395,300 | $97,100 | $492,400 | $7,288 |
| 2023 | $392,400 | $97,100 | $489,500 | $6,731 |
| 2022 | $397,300 | $97,100 | $494,400 | $6,353 |
| 2021 | $205,200 | $76,200 | $281,400 | $5,459 |
| 2020 | — | $76,200 | $76,200 | $1,448 |
| 2019 | — | $76,200 | $76,200 | — |
| 2018 | — | $76,200 | $76,200 | $1,387 |
| 2017 | — | $76,200 | $76,200 | $1,303 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,924 sqft
Lot size
57,499 sqft
ZIP code
04038
City
Gorham
Street
Madison Way
Coordinates
43.70388, -70.43895
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,886
Gross rental yield
5.54%
Implied cap rate
3.60%
Trend-extrapolated value
—
Frequently asked questions
When did 39 Madison Way last sell?
39 Madison Way most recently sold on Aug 22, 2022 for $625,000.
What is the current tax assessment for 39 Madison Way?
The most recent total assessment for 39 Madison Way (year 2025) is $492,400 with $7,288 in property tax.
How does 39 Madison Way's assessment compare to its last sale price?
The current assessment is 21.2% below the last sale price of $625,000.
When was 39 Madison Way built?
39 Madison Way was built in 2020.
How does 39 Madison Way compare to others on Madison Way?
We track 3 other properties on Madison Way. Browse the list under "Other properties on Madison Way" to compare beds, baths, and sale history.
What are the property facts for 39 Madison Way?
39 Madison Way is a 3 bed, 3 bath, 1,924 sqft, 57,499 sqft lot single_family.
Is 39 Madison Way a flip candidate?
No — 39 Madison Way does not appear in our flips dataset.
Is 39 Madison Way a tax-appeal candidate?
No — 39 Madison Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.3%
2026 Q1
$540.3K
2026 Q2
$540.3K
ZIP 04038 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Way