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Single Family ResidenceResidential
$649,128$321 / 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 92How 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
Last sold for $289,800 on Jun 14, 2007

48 RUNNING SPRINGS RD

GORHAM, ME 04038
3
Beds
1.5
Baths
2,023 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.
0.46 ac
Lot SizeThe size of the land the home sits on, from county records.
1985
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$649K
$599K low$700K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$289,800 · Jun 14, 2007
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.$430,778
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$344,622
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.34%
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.$218,350
CUSO MORTGAGE · R · recorded Nov 30, 2012

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,568 (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.$443,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$120,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$323,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$443,800

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.15 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

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.1999
Lot (acres)The size of the land the home sits on, from county records.0.46
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.

H
Gorham High SchoolA+
High · Grades 9–12 · 0.3 mi
M
Gorham Middle SchoolA
Middle · Grades 6–8 · 0.4 mi
E
Village Elementary SchoolB+
Elementary · Grades KG–5 · 0.6 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

48 Running Springs Rd 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 71% of homes in Gorham 04038
  • Costs less per square foot than 72% of homes in Cumberland County
  • Bigger than 71% of homes in Cumberland County
  • Has a smaller lot than 74% of homes in Gorham 04038

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 71% 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$649,128
CheaperTypical $542,025Pricier

Pricier than 71% of homes nearby

Price per ft²$321
CheaperTypical $325Pricier

Pricier than 48% of homes nearby

Living area2,023 ft²
SmallerTypical 1,685 ft²Bigger

Bigger than 68% of homes nearby

Lot size0.46 ac
SmallerTypical 1.3 acBigger

Bigger than 26% of homes nearby

Year built1985
OlderTypical 1992Newer

Newer than 41% of homes nearby

How 48 Running Springs Rd ranks against every home in each area.
MeasureThis homeGorham 04038Cumberland County
Estimated valuepricier than$649,12871% of homes62% of homes
Price per ft²pricier than$32148% of homes28% of homes
Living areabigger than2,023 ft²68% of homes71% of homes
Lot sizebigger than0.46 ac26% of homes44% of homes
Year builtnewer than198541% of homes57% of homes

About 48 Running Springs Rd

How much is 48 Running Springs Rd, Gorham, ME worth?

The TopHap Estimate for 48 Running Springs Rd, Gorham, ME is $649,128 as of Jul 14, 2026. The likely range is $598,633 to $699,623. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 Running Springs Rd, Gorham, ME last sell?

48 Running Springs Rd, Gorham, ME last sold on Jun 14, 2007 for $289,800, according to the county's recorded deed.

How big is 48 Running Springs Rd, Gorham, ME?

48 Running Springs Rd, Gorham, ME has 3 bedrooms, 1.5 bathrooms, 2,023 square feet of living space and a 0.46-acre lot.

When was 48 Running Springs Rd, Gorham, ME built?

48 Running Springs Rd, Gorham, ME was built in 1985, making it 41 years old. It is a colonial home. The building has 2 stories.

What schools serve 48 Running Springs Rd, Gorham, ME?

48 Running Springs Rd, Gorham, ME is assigned to Gorham High School (high), rated A+; Gorham Middle School (middle), 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 48 Running Springs Rd, Gorham, ME compare to other homes in Gorham 04038?

Among the 6,410 homes in Gorham 04038, it is worth more than 71% of them ($649,128 against a typical $542,025), its price per square foot is higher than 48% of them ($321 against a typical $325), it is bigger than 68% of them (2,023 ft² against a typical 1,685 ft²), its lot is bigger than 26% of them (0.46 ac against a typical 1.3 ac) and it is newer than 41% of them (1985 against a typical 1992). Measured against all of Cumberland County, it is worth more than 62% 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 48 Running Springs Rd, Gorham, ME?

The 2025 property tax bill for 48 Running Springs Rd, Gorham, ME was $6,568. The county assessed it at $443,800.

Closest homes

More homes in Gorham 04038

Assigned schools

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