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Single Family ResidenceResidential
$541,533$537 / 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 93How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $430,000 on Jan 24, 2022

48 WATERMAN DR

NEW GLOUCESTER, ME 04260
3
Beds
2.5
Baths
1,008 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.
2 ac
Lot SizeThe size of the land the home sits on, from county records.
1997
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

$542K
$501K low$582K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$430,000 · Jan 24, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,735 (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.$241,459 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$67,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$174,459

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.8 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.Conventional
CountyCUMBERLAND
Lot (acres)The size of the land the home sits on, from county records.2.00
ConstructionThe main material the home's frame and walls are built from.Concrete
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No
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(3)

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.

E
Memorial School
Elementary · Grades KG–2 · 2.1 mi
H
Gray-New Gloucester High SchoolC
High · Grades 9–12 · 5.6 mi
M
Gray-New Gloucester Middle SchoolB-
Middle · Grades 5–8 · 5.8 mi

District: School Administrative District 15

Neighborhood · ZIP 04260These 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.72
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

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.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.5%
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.6,014
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.126 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$96,442
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$113,490
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%

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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 Waterman Dr 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 73% of homes in New Gloucester 04260
  • Costs more per square foot than 80% of homes in Cumberland County
  • Smaller than 80% of homes in Cumberland County
  • Has a bigger lot than 79% of homes in Cumberland County
  • Newer than 72% of homes in Cumberland County

What homes are worth in New Gloucester 04260

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

This home
$220K$813K

This home is worth more than 73% of homes in New Gloucester 04260.

How it measures up in New Gloucester 04260

The dot is this home. The mark in the middle is the typical home in New Gloucester 04260.

Estimated value$541,533
CheaperTypical $479,883Pricier

Pricier than 73% of homes nearby

Price per ft²$537
CheaperTypical $463Pricier

Pricier than 68% of homes nearby

Living area1,008 ft²
SmallerTypical 1,008 ft²Bigger

Bigger than 51% of homes nearby

Lot size2 ac
SmallerTypical 2.09 acBigger

Bigger than 44% of homes nearby

Year built1997
OlderTypical 1989Newer

Newer than 66% of homes nearby

How 48 Waterman Dr ranks against every home in each area.
MeasureThis homeNew Gloucester 04260Cumberland County
Estimated valuepricier than$541,53373% of homes42% of homes
Price per ft²pricier than$53768% of homes80% of homes
Living areabigger than1,008 ft²51% of homes20% of homes
Lot sizebigger than2 ac44% of homes79% of homes
Year builtnewer than199766% of homes72% of homes

About 48 Waterman Dr

How much is 48 Waterman Dr, New Gloucester, ME worth?

The TopHap Estimate for 48 Waterman Dr, New Gloucester, ME is $541,533 as of Sep 24, 2026. The likely range is $500,996 to $582,070. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 48 Waterman Dr, New Gloucester, ME last sell?

48 Waterman Dr, New Gloucester, ME last sold on Jan 24, 2022 for $430,000, according to the county's recorded deed.

How big is 48 Waterman Dr, New Gloucester, ME?

48 Waterman Dr, New Gloucester, ME has 3 bedrooms, 2.5 bathrooms, 1,008 square feet of living space and a 2.00-acre lot.

When was 48 Waterman Dr, New Gloucester, ME built?

48 Waterman Dr, New Gloucester, ME was built in 1997, making it 29 years old. It is a conventional home. The building has 2 stories.

What schools serve 48 Waterman Dr, New Gloucester, ME?

48 Waterman Dr, New Gloucester, ME is assigned to Memorial School (elementary); Gray-New Gloucester High School (high), rated C; Gray-New Gloucester Middle School (middle), rated B-. All sit in School Administrative District 15. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 48 Waterman Dr, New Gloucester, ME compare to other homes in New Gloucester 04260?

Among the 2,361 homes in New Gloucester 04260, it is worth more than 73% of them ($541,533 against a typical $479,883), its price per square foot is higher than 68% of them ($537 against a typical $463), it is bigger than 51% of them (1,008 ft² against a typical 1,008 ft²), its lot is bigger than 44% of them (2 ac against a typical 2.09 ac) and it is newer than 66% of them (1997 against a typical 1989). Measured against all of Cumberland County, it is worth more than 42% 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 Waterman Dr, New Gloucester, ME?

The 2025 property tax bill for 48 Waterman Dr, New Gloucester, ME was $3,735. The county assessed it at $241,459.

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