Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$803,459$286 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 90How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

12 SHADY RUN LN

GORHAM, ME 04038
4
Beds
2.5
Baths
2,807 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1.33 ac
Lot SizeThe size of the land the home sits on, from county records.
1994
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$803K
$723K low$884K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$408,224
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$326,579
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.48%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$205,685
GORHAM SAVINGS BANK · R · recorded Sep 14, 2020
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$189,550
GORHAM SAVINGS BANK

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,876 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$599,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$126,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$472,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$599,700

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Colonial
CountyCUMBERLAND
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2003
Lot (acres)The size of the land the home sits on, from county records.1.33
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Gorham Middle SchoolA
Middle · Grades 6–8 · 0.3 mi
H
Gorham High SchoolA+
High · Grades 9–12 · 0.5 mi
E
Village Elementary SchoolB+
Elementary · Grades KG–5 · 0.9 mi

District: Gorham

Neighborhood · ZIP 04038These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.29
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.92

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.19,203
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.376 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$104,339
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$130,367
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

12 Shady Run Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 91% of homes in Gorham 04038
  • Costs less per square foot than 83% of homes in Cumberland County
  • Bigger than 91% of homes in Gorham 04038
  • Has a bigger lot than 68% of homes in Cumberland County
  • Newer than 69% of homes in Cumberland County

What homes are worth in Gorham 04038

Each bar is how many homes fall in that price range. The marker is this home.

This home
$311K$943K

This home is worth more than 91% of homes in Gorham 04038.

How it measures up in Gorham 04038

The dot is this home. The mark in the middle is the typical home in Gorham 04038.

Estimated value$803,459
CheaperTypical $542,025Pricier

Pricier than 91% of homes nearby

Price per ft²$286
CheaperTypical $325Pricier

Pricier than 29% of homes nearby

Living area2,807 ft²
SmallerTypical 1,685 ft²Bigger

Bigger than 91% of homes nearby

Lot size1.33 ac
SmallerTypical 1.3 acBigger

Bigger than 50% of homes nearby

Year built1994
OlderTypical 1992Newer

Newer than 54% of homes nearby

How 12 Shady Run Ln ranks against every home in each area.
MeasureThis homeGorham 04038Cumberland County
Estimated valuepricier than$803,45991% of homes77% of homes
Price per ft²pricier than$28629% of homes17% of homes
Living areabigger than2,807 ft²91% of homes89% of homes
Lot sizebigger than1.33 ac50% of homes68% of homes
Year builtnewer than199454% of homes69% of homes

About 12 Shady Run Ln

How much is 12 Shady Run Ln, Gorham, ME worth?

The TopHap Estimate for 12 Shady Run Ln, Gorham, ME is $803,459 as of Jul 14, 2026. The likely range is $722,962 to $883,956. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 12 Shady Run Ln, Gorham, ME last sell?

12 Shady Run Ln, Gorham, ME last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 12 Shady Run Ln, Gorham, ME?

12 Shady Run Ln, Gorham, ME has 4 bedrooms, 2.5 bathrooms, 2,807 square feet of living space and a 1.33-acre lot.

When was 12 Shady Run Ln, Gorham, ME built?

12 Shady Run Ln, Gorham, ME was built in 1994, making it 32 years old. It is a colonial home. The building has 2 stories.

What schools serve 12 Shady Run Ln, Gorham, ME?

12 Shady Run Ln, Gorham, ME is assigned to Gorham Middle School (middle), rated A; Gorham High School (high), rated A+; Village Elementary School (elementary), rated B+. All sit in Gorham. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 12 Shady Run Ln, Gorham, ME compare to other homes in Gorham 04038?

Among the 6,410 homes in Gorham 04038, it is worth more than 91% of them ($803,459 against a typical $542,025), its price per square foot is higher than 29% of them ($286 against a typical $325), it is bigger than 91% of them (2,807 ft² against a typical 1,685 ft²), its lot is bigger than 50% of them (1.33 ac against a typical 1.3 ac) and it is newer than 54% of them (1994 against a typical 1992). Measured against all of Cumberland County, it is worth more than 77% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 12 Shady Run Ln, Gorham, ME?

The 2025 property tax bill for 12 Shady Run Ln, Gorham, ME was $8,876. The county assessed it at $599,700.

Closest homes

More homes in Gorham 04038

Assigned schools

Explore the area

See this home in context

Open 12 Shady Run Ln on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map