When was property at 2 Prospect Terrace built and last sold?

The property at 2 Prospect Terrace was built in 1903 and last sold on Jan 1, 1970 for $206,666.

How much is this home worth?

The estimated value of the home located at 2 Prospect Terrace is $487,341.

What are some comparable homes to 2 Prospect Terrace?

There are currently no comparable homes to 2 Prospect Terrace.

Gorham

03581

2 Prospect

Map

Listed by: Steve Grone, RE/MAX Northern Edge Realty LLC, 603-752-0003, Listing Courtesy of Prime MLS

$499,000

↓ $50K (9.1%)

● House - For Sale

2 Prospect

Gorham, NH 03581

5 Beds

1 Bath, 1 Half Bath

4,711 Ft²

$3,594

Est. Monthly

About This Property

Historic Queen Anne Victorian with Stunning Views on Appleton Hill Step into elegance with this beautiful five-bedroom, 2.5-bathroom Queen Anne Victorian. Listed on the National Register of Historic Places, this timeless home sits prominently on Appleton Hill, offering breathtaking views overlooking Gorham. The interior boasts classic hardwood floors throughout and features a relaxing hot tub. For ultimate convenience and storage, the property includes an attached garage/barn, complete with both a basement and an attic. Perfectly situated for outdoor enthusiasts, you are just minutes away from the area's best recreation, including skiing, snowmobiling, hiking, and ATV riding. Don't miss the chance to own a piece of local history!

Unit Size

4,711 Ft²

Days on Market

Land Size

0.89 acres

Price per sqft

$106

Property Type

House

Property Taxes

$1,144

HOA Dues

Year Built

1903

Listed By

STEVE GRONE

[email protected]

RE/MAX NORTHERN EDGE, LLC.

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 16 days ago (Prime MLS #5103421)

Price History

Date / Event	Date	Event
Sep 28, 2026	Price Decreased	$499,000 ↓ $50K (9.1%)
Price Decreased
Aug 5, 2026	Listed by RE/MAX Northern Edge Realty LLC	$549,000
Listed by RE/MAX Northern Edge Realty LLC
Nov 9, 2022	No longer available	-
No longer available
Jun 8, 2022	Listed by RE/MAX Northern Edge Realty LLC	$648,500
Listed by RE/MAX Northern Edge Realty LLC

	Beautiful five bedroom Queen Ann Victorian, located on Appleton Hill overlooking Gorham. 2.5 bathrooms, hot tub. Hardwood floors throughout the house. Attached garage/barn with a basement and an attic for storage. Close to all outdoor activities the area has to offer, skiing, snowmobiling, hiking, ATV riding. House is in the National Registry of Historic Places. The manager has listed the unit size as 3382 square feet.
Mar 2, 2017	Sold	Premium
Sold
Jun 17, 2016	Listed by RE/MAX Northern Edge Realty LLC	$399,000
Listed by RE/MAX Northern Edge Realty LLC
Sep 3, 2002	Sold	Premium
Sold

Property Highlights

Garage

Parking Details

Has Garage

Parking Features: Attached, Direct Entry

Garage Spaces: 2

Interior Details

Half Bathrooms: 1

Full Bathrooms: 1

Interior Features: Ceiling Fan(s), Natural Woodwork, Attic with Hatch/Scuttle, Hot Tub, 1st Floor Laundry

Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer, Water Heater

Flooring Type: Carpet, Hardwood, Softwood, Tile

Rooms: 13

Basement: Yes

Exterior Details

Square Footage: 4711

Architectural Style: Victorian

Year Built: 1903

Construction Materials: Wood Siding, Clapboard, Wood Siding

Lot Features: Wooded, Sloping, View

Lot Size Area: 38768

Lot Size Units: Square Feet

Lot Size Acres: 0.89

Lot Size Square Feet: 38768

Water Source: Public, Metered

Financial Details

Tax Annual Amount: $13,723

Utilities Details

Cooling Type: None

Heating Type: Oil, Baseboard, Hot Water, Radiator

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1903

Effective Year Built: 1930
Building Count: 1
Total Rooms: 13
Bedroom Count: 5
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 3
Building Quality: 0
Construction Type: 6
Building Style: 23
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 38,856

Total Building Area: 3,522
Gross Building Area: 6,860
Building Area: 3,522
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 10
Heated Square Feet: 3,522
Heating Fuel Type: 6

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000892
Standard Land Use Code: 1001
County Land Use Code: 101
Legal Description 1: M:U2 L:15; 1-FAM RES

Neighborhood

School District Name: Gorham Randolph Shelburne Cooperative School District

School Tax School District: GORHMRNDLPHSHLB
Census Tract: 950900

Zoning

Zoning: RA

Geography

Account Number: 183

District: GORH
Parcel: GORH M:U2 L:15
Lot: 15
Municipality: GORHAM
Latitude: 44.389
Longitude: -71.1713

Address

Full Address: 2 Prospect Ter

Address - House Number: 2
Address - Street Name: Prospect
Address - Suffix Type: Ter
State: NH
City Name: Gorham
Carrier Code: C001
4-Digit Zip Code: 1221
Zip Code: 03581

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,238,000

Appraisal Valuation

Standard Deviation: 0.1345

Valuation Date: Dec 20, 2023
Confidence Score: 84
Final Value: 651,441
High Value: 739,099
Low Value: 563,782

Open Liens

Total Open Liens:

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Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $510,500
Assessed Land Value: $40,200
Assessed Improvements Value: $470,300

Sales

Current Sale Recording Date: Mar 02, 2017

Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 901
Previous Sale Recording Date: Sep 03, 2002
Previous Sale Amount: $165,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Gorham

Stats & Trends

Median Asking:

$219,900

Sale Price/ft²

$87

Below Asking

0.06%

Average Days on Market

Average Home Size

2985 ft²

Average Home Age

116.4 years

Currently For Sale

16 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 429 Main, Gorham, 03581

$1,500 /mo

2 Beds
1,056 ft²

429 Main, Gorham, 03581 Listing by Kathleen Frisk

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Steve Grone, RE/MAX Northern Edge Realty LLC
Last Updated Date: 2026-09-28
Last Checked: less than 1 hour ago
Data Source: Prime MLS, MLS# 5103421

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.