Welcome to 55 Newell Street, a charming and well-cared-for 3-bedroom home is an excellent opportunity to own in desirable Gorham. Set on approximately one-third of an acre in an established neighborhood, this home combines comfortable living with a convenient location close to Gorham Village, schools, shopping, restaurants, trails, and an easy commute to Greater Portland. Inside, you'll find a functional layout with three bedrooms, a full bath, comfortable living spaces, and updates completed over the years including replacement windows, electrical improvements, flooring, and a durable metal roof. The manageable footprint makes this an appealing option for first-time buyers, those looking to simplify, or anyone seeking a home they can continue to personalize over time. Outside, the property offers room to enjoy the seasons, garden, entertain, or simply relax at home while still being close to everything in Gorham. With limited opportunities in this price range, 55 Newell Street is a great combination of location, value, and potential. OPEN HOUSE — Sunday November, 1 from 10:30 AM-12:00 PM. Come take a look and imagine making 55 Newell Street your new home!
Single-familyProperty Type
1937Year Built
0.32 acresLot Size
$398Price/Sq.Ft.
1 spaceParking
Listed by Benjamin Graffius• Keller Williams Realty
Motivated seller! Move right in. Updated 3 bdrm Cape w/ oversized lot. Updates include new metal roof, windows, electrical, paint and floors. Home has two 1st flr bdrms and open concept living.
MREIS #983367
Jul 7, 2011
Sold
$66,000
$69/sq ft
Jul 6, 2010
Listed
$75,000
$79/sq ft
Cape style home with large kitchen, 3 bedrooms plus additional room upstairs. Large backyard nicely landscaped. Great home to build equity in.
MREIS #769568
Oct 11, 2005
Listed
$162,913
$171/sq ft
MREIS #612593
Apr 3, 2003
Listed
$139,913
$147/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,203 (+0.7%)
$65,600 + $150,800
$216,400
2024
$3,181 (+6.9%)
$65,600 + $150,800
$216,400
2023
$2,976 (+7.0%)
$65,600 + $150,800
$216,400
2022
$2,781 (+6.6%)
$65,600 + $150,800
$216,400
2021
$2,609 (+2.1%)
$57,000 + $77,500
$134,500
2020
$2,556 (+0.3%)
$57,000 + $77,500
$134,500
2019
$2,549 (+4.1%)
$57,000 + $77,500
$134,500
2018
$2,448 (+6.4%)
$57,000 + $77,500
$134,500
2017
$2,300 (+0.6%)
$57,000 + $77,500
$134,500
2016
$2,287 (+4.3%)
$57,000 + $77,500
$134,500
2015
$2,192 (+15.5%)
$57,000 + $77,500
$134,500
2014
$1,898
$44,900 + $64,200
$109,100
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1989
Finished Sq. Ft.
955
Unfinished Sq. Ft.
—
Total Sq. Ft.
955
Year built
1937
Style
Single Family Residential
County
Cumberland County
APN
173657
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Gorham, ME • 04038
Average low and high temperatures (°F)
30
13
33
12
45
26
55
36
65
46
77
56
82
61
80
55
74
50
62
40
48
30
34
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Gorham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 55 Newell St
$379,509
$391 under list price of $380K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $315K to $545K.