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44 Murray Street, Bingham, ME, 04920

2beds
1baths
1,043sqft
$100,000
$96price/sqft
$882/moest. monthly cost
$35,280/yrincome needed

About This Home

Located at 44 Murray Street in the heart of Bingham, this in-town property offers an affordable opportunity in a community known for its outdoor recreation, small-town feel, and access to the Kennebec River. The home sits on Map 7, Lot 8, within walking distance to town amenities and just minutes from river access, trail systems, and local services MAP 7 Lot 8 Bingham is a four-season destination with easy access to fishing, boating, snowmobiling, ATV trails, hunting, and hiking, making this a practical option for a full-time residence, seasonal getaway, or investment property. Route 201 provides a direct corridor north and south, connecting the area to surrounding towns and employment centers. The property offers a straightforward footprint with room for improvement, making it well suited for buyers looking to add value over time or establish a simple base camp for recreation. Whether you're seeking a primary home, rental, or affordable entry into the central Maine market, 44 Murray Street represents a solid opportunity in a location that continues to attract outdoor enthusiasts and long-term residents alike.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Wood Frame,Vinyl Siding,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Crawl Space

Bedroom1

  • Level: First

Bedroom2

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First

Features

  • 1st Floor Bedroom,Shower
  • Flooring: Carpet,Laminate,Tile,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,043

Heating & Cooling

  • Heating features: Direct Vent Heater,Pellet Stove
  • Cooling features: None

Interior Area

  • Total structure area: 1,043
  • Total interior livable area: 1,043 sqft

Kitchen

  • Level: First

Living Room

  • Features: Heat Stove
  • Level: First

Property

Details

  • Parcel number: BINGM007L008
  • Zoning: Residential

Lot

  • Lot size: 6,969 sqft
  • Features: City Lot,Level,Open Lot

Parking

  • Parking features: Gravel,1 - 4 Spaces

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather
Hurricane
Inland Flooding
Ice Storm

FEMA Declared Disasters Across Maine Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance $52$624
Property Taxes $81$972
Electricity $244$2,930
Total$882$10,584

Income You'd Need if You Spent...

35% on housing$30,240/yr
40% on housing$26,460/yr
45% on housing$23,520/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.7%
7.7%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$96This listing

vs Other Active Listings

Avg $/sqft

ZIP 04920$104
Somerset County$140

vs Homes Sold Last Month

Median $/sqft

ZIP 04920
Somerset County$148

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-12Price change$115,000
2026-03-23Listed for sale$125,000
2026-02-19Contingent$125,000
2026-01-30Listed for sale$125,000
2026-01-14Listing removed--
2025-10-10Listed for sale$125,000
2023-09-15Sold$102,500
2023-09-15Pending sale$110,000
2023-07-20Contingent$110,000
2023-02-07Price change$110,000
2022-11-18Listed for sale$116,500

For Sale by Agent

BrokerageUnited Country Lifestyle Properties of Maine

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