NOT LISTED FOR SALE

1 Gordon Place Windham, ME 04062

Estimated Value: $283,000 - $2,275,027

2 Beds
22 Baths
10,200 Sq Ft
$127/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2022

Last sale price $2,275,000 $223 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $7,120 / mo

51 Days on Market

Highlights

  • Wood Flooring
  • Property is near shops
  • Level Lot
  • No HOA
  • Coin Laundry
  • Heating System Uses Natural Gas

About This Home

As of August 2022

We are pleased to offer this well maintained, 12-unit apartment complex for sale. Located in one of Maine's fastest growing towns, this complex is set in a convenient location with
well-manicured outdoor space and abundant parking. Full basements offer tenant storage and on-site laundry. Originally built as condos, the units have been well maintained and offer
great layouts.

Last Agent to Sell the Property

Sylas Hatch

The Dunham Group Listed on: 06/21/2022

The Dunham Group

Last Buyer's Agent

Sylas Hatch

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,854

Year Built

  • Built in 1970

Lot Details

  • 20,909 Sq Ft Lot
  • Property fronts a private road
  • Level Lot
  • Open Lot

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 22 Full Bathrooms
  • 10,200 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Carpet
  • Tile

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Parking Available
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near shops

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Legal Lot and Block 57 / B
  • Assessor Parcel Number WINM-000080-000057-B000002

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $56,151
  • Gross Income $173,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,854

Year Built

Built in 1970

Lot Details

0.48 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 10200.0
  • Architectural Style: Garden, Multi-Level
  • Garage Yn: No
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 215.69
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.48
  • Property Information:Total Baths: 22.0
  • Property Information:SqFt Finished Above Grade: 10200.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Style:Garden: Yes
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 12
  • Income Expenses Gross Income: 173400.0
  • Income Expenses Operating Expenses: 56151.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Sewer:Septic Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Washer/Dryer Other Location: Yes
  • Basement Entry:Exterior Only: Yes
  • Amenities:Laundry - Coin: Yes
  • Advertising Remarks:Advertising Remarks: We are pleased to offer this well maintained, 12-unit apartment complex for sale. Located in one of Maine's fastest growing towns, this complex is set in a convenient location with well-manicured outdoor space and abundant parking. Full basements offer tenant storage and on-site laundry. Originally built as condos, the units have been well maintained and offer great layouts.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Exterior Only
  • Full Bathrooms: 22
  • Flooring: Wood, Tile, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Neighborhood, Other
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20908.8
  • Parcel #: WINM-000080-000057-B000002
  • Zoning: C-1

Multi Family

  • Number Of Units Total: 12
  • Annual Gross Income: 173400.0
  • Annual Operating Expense: 56151.0

Tax Info

  • Tax Annual Amount: 16854.0
  • Tax Block: B
  • Tax Lot: 57
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 12, 2022
Sold by
Ultimate Prop Mgmt Llc
Bought by
Matari Soraia and Matari Sloiman
Seller's Agent
Sylas Hatch
The Dunham Group
Buyer's Agent
Sylas Hatch
Keller Williams Realty
List Price
$2,200,000
Sold Price
$2,275,000
Premium/Discount to List
$75,000
3.41%
Current Estimated Value
$1,299,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$975,493
Avg. Annual Appreciation
-13.80%
Original Mortgage
$1,325,000
Outstanding Balance
$1,260,254
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,253
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Matari Soraia $2,275,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Matari Soraia $1,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $2,275,000 +3.4% $223 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $2,200,000 -- $216 / Sq Ft
Source: Maine Listings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,264 $187,700 $68,600 $119,100
2024 $2,153 $187,700 $68,600 $119,100
2023 $1,810 $161,600 $63,700 $97,900
2022 $1,673 $144,100 $56,900 $87,200
2021 $1,339 $106,300 $33,300 $73,000
2020 $1,427 $95,100 $31,700 $63,400
2019 $1,392 $95,100 $31,700 $63,400
2018 $1,431 $94,300 $38,400 $55,900
2017 $1,408 $85,700 $38,700 $47,000
2016 $1,345 $85,700 $38,700 $47,000
2015 $1,298 $85,700 $38,700 $47,000
2014 $1,257 $85,700 $38,700 $47,000
2013 -- $85,700 $38,700 $47,000
Source: Public Records

Agents Affiliated with this Home

  • Sylas Hatch

    Seller's Agent in 2022

    Sylas Hatch

    The Dunham Group

    (207) 485-5511

    1 in this area

    11 Total Sales

    Sylas Hatch
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Map

Source: Maine Listings

MLS Number: 1533277

Maine Listings

APN: WINM-000080-000057-B000002

Maine Cumberland County Windham 04062

1 Gordon Place, Windham, ME

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