About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

157 South St, Gorham, ME 04038

$425,000

Last sold 10/30/2025 after 101 Days

2
bed
2
bath
1,568
Sqft ($271/Sqft)

House not for sale

About 157 South St

Property type House

Year built 1957

HOA fee $0/month

Lot size 4.8 Acre

Parking 2 garage spaces

Property description

The value here is the land and 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. The existing house is a 2 bedroom, 1.5 bath home ready for your desired renovations or could be torn down for a different vision for the land use. 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.

Listed by

Listing Agent - Julie Radjavitch

Listing Office - Real Broker

Source: MREIS

MLS#1631507 • last updated 6 months ago

Movoto checked MREIS for data 12 minutes ago

Overview
Heating	Baseboard, Hot Water
Levels/Style	Raised Ranch, Ranch
MLS #	1631507
SqFt	1568
Status	Closed
Lot Size (Acres)	4.8
Lot Size (Sqft)	209088
Property Tax	5082
Year Built	1957

Interior
Total # of Bathrooms	2
# Full Baths	1
# Half Baths	1
# Bedrooms	2
Total # of Rooms	5
Flooring	Tile, Wood

Exterior

Amenities / Utilities
Water Source	Public

Location
High School District	Gorham Public Schools
Zoning	UR

We are not permitted to show value estimates for this property.

Lower your payment with the loan terms that fit you.

Oct 2025
MLS # 1631510
Oct 30, 2025 Canceled
—
Oct 21, 2025 Active
—
Sep 4, 2025 Price Change
$550,000 (-21.4%)
Jul 23, 2025 Listed
$700,000
Jul 21, 2025 Listed
$550,000
Oct 2025
MLS # 1631507
Oct 30, 2025 Sold
$425,000
Oct 21, 2025 Active
—
Jul 23, 2025 Listed
$700,000 (+27.3%)
Jul 21, 2025 Listed
$550,000 (-31.3%)
Oct 2025
Public Records
Oct 30, 2025 Sold
$425,000 (-22.7%)
Jul 2025
MLS # 1628848
Jul 23, 2025 Canceled
—
Jul 1, 2025 Coming Soon
$800,000
Jun 25, 2025 Listed
$800,000
Jul 2025
MLS # 1628321
Jul 22, 2025 Canceled
—
Jun 26, 2025 Coming Soon
$800,000
Jun 25, 2025 Listed
$800,000

Year Property taxes Tax assessment
2025
$5,116 +0.7%

$345,700
2024
$5,082 +6.9%

$345,700
2023
$4,753 +7.0%

$345,700
2022
$4,442 +21.3%

$345,700 +83.1%
2021
$3,663 +2.1%

$188,800
2020
$3,587 +0.3%

$188,800
2019
$3,578 +4.1%

$188,800
2018
$3,436 +6.4%

$188,800
2017
$3,228 +0.6%

$188,800
2016
$3,210 +4.3%

$188,800
2015
$3,077

—

157 South St
$425K
—
04038
$580K +5% y/y
Gorham
$625K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
37 Weeks Rd, Gorham, ME 04038	—	5/3	2,313	0.2
6 Samuels Way, Gorham, ME 04038	—	3/2	2,688	0.37
4 Shady Run Ln, Gorham, ME 04038	—	3/1	1,786	0.47
39 Village Woods Cir, Gorham, ME 04038	—	4/2	2,675	0.48
33 Oak Wood Dr, Gorham, ME 04038	—	2/1	1,355	0.5

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.