Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

$550,000

Listing Price

2beds

2baths

1,568sqft

209,088sqft lot

157 South St, Gorham, ME 04038

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

299.1

Price / sqft

1957

Year built

Home Details

Incredible location in the heart of Gorham! Offering 4.80 +/- acres downtown on city water and city sewer. Potential for up to 20 dwelling units according to Urban Residential Zoning with additional potential units under the Development Transfer Overlay District and Affordable Housing Density Bonus depending on Planning Board Review. Residential and other permitted uses allowed. Only a half mile to the nearest high school, 0.6 miles to Gorham Center and 0.7 miles to the University of Southern Maine campus. Close to nearby restaurants, groceries, banking and other conveniences! By Appointment Only.

Interior Details

Square Feet
  • 1568

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Oil

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 209088

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Basement

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,587

$90,400

$98,400

--%

$188,800

2019

$3,578

$90,400

$98,400

--%

$188,800

2018

$3,436

$90,400

$98,400

--%

$188,800

2017

$3,228

$90,400

$98,400

--%

$188,800

2016

$3,210

$90,400

$98,400

--%

$188,800

percent-home-icon

Average Home Price in 04038

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$577,697

3 Beds

1.5 Baths

1,382 Sqft

43,996 Lot (sqft)

Sold 08/06/2026

$600,271

3 Beds

1.5 Baths

1,786 Sqft

24,394 Lot (sqft)

Sold 10/27/2026

$575,000

2 Beds

2 Baths

1,713 Sqft

12,197 Lot (sqft)

Sold 10/27/2026

$550,000

2 Beds

2 Baths

1,568 Sqft

209,088 Lot (sqft)

Sold 10/13/2026

$533,502

2 Beds

1 Baths

1,355 Sqft

21,780 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
550,000
$
Down payment
110,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,300
$
HOA (Monthly)
0
$
PMI
0
$
$3,560
Your Payment
Total Monthly Payment:$3,560
Percent of Income:61%
Affordable:No

Details for 157 SOUTH ST

Property Debt

Foreclosure Contact Details