NOT LISTED FOR SALE

1 Homestead Ln Gorham, ME 04038

Estimated Value: $509,000 - $559,580

4 Beds
3 Baths
1,728 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 1 Homestead Ln, Gorham, ME 04038 and is currently estimated at $539,860, approximately $312 per square foot. 1 Homestead Ln is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2005
Sold by
Sullivan Michael C and Sullivan Anatoli
Bought by
Reichers Debora L and Reichers Robert J
Current Estimated Value
$539,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$31,806
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$508,054
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Reichers Debora L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichers Debora L $60,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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
2024 $6,074 $413,200 $111,800 $301,400
2023 $5,682 $413,200 $111,800 $301,400
2022 $5,310 $413,200 $111,800 $301,400
2021 $4,609 $237,600 $91,200 $146,400
2020 $4,514 $237,600 $91,200 $146,400
2019 $4,503 $237,600 $91,200 $146,400
2018 $4,324 $237,600 $91,200 $146,400
2017 $4,063 $237,600 $91,200 $146,400
2016 $4,043 $237,800 $91,400 $146,400
2015 $3,876 $237,800 $91,400 $146,400
2014 $3,828 $220,000 $83,600 $136,400
2013 $3,806 $220,000 $83,600 $136,400
Source: Public Records

Map

Maine Cumberland County Gorham 04038

1 Homestead Ln, Gorham, ME

This home is located at 1 Homestead Ln, Gorham, ME 04038 and is currently estimated at $539,860, approximately $312 per square foot. 1 Homestead Ln is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

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