NOT LISTED FOR SALE

1 Richard Rd Gorham, ME 04038

Estimated Value: $578,041 - $647,000

2 Beds
2 Baths
2,010 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $360,000 $179 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,629/month

About This Home

Home is where the heart, spirit, design, and energy efficiency come together. Nestled in the trees, but with enough elevation to see the sun set over the White Mountains, (Mt. Washington is front and center!) is your new perfect home. Built and owned by the Executive Director of the Energy Efficient Building Association at the Technology Center of the University of Southern Maine, this home was well ahead of its time when built and has stood the test of time as it is have been meticulously maintained by its owners. The home was built using similar methods and thoughtful design as the energy efficient live/work/garage building next door that was featured in Fine Home Building Magazine in 1986. Creating a marriage of state-of-the-art structural (double-wall construction) and thermal design that allowed for comfortable living was the goal, and it was certainly achieved. Inside you will find an open, airy living and dining space, efficient eat-in-kitchen with custom built cherry cabinets, a sun-room for relaxing and enjoying the westerly views with access to the elevated deck, a master bedroom with a large dressing area, that also has access to the elevated deck, a second bedroom, an office/studio that could double as a guest room, and a workshop space in the basement, an energy efficient Viessman boiler and central air as well. The exterior is white cedar siding, known for its long term quality. It is time to pass on this wonderful home to its next steward, to be enjoyed for years to come. Sited just outside of the center of Gorham, you will find privacy and a sense of the natural world, while being minutes to town, the university, and the amenities of Portland. Please click the virtual tour link or visit www.1RichardRoad.info

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 4, 2020
Sold by
Faulkner Katherine A
Bought by
Hickey Elizabeth J and Perna Vincent J
Seller's Agent
Chessell McGee
Keller Williams Realty
Buyer's Agent
Deborah Meek
Keller Williams Realty
List Price
$365,000
Sold Price
$360,000
Premium/Discount to List
-$5,000
-1.37%
Current Estimated Value
$601,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,760
Avg. Annual Appreciation
9.59%
Original Mortgage
$260,000
Outstanding Balance
$228,484
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$373,276
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hickey Elizabeth J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickey Elizabeth J $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $360,000 -1.4% $179 / Sq Ft View Prior Sale
06/14/2020 06/14/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $365,000 -- $182 / Sq Ft

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 $5,976 $403,800 $117,100 $286,700
2024 $5,936 $403,800 $117,100 $286,700
2023 $5,552 $403,800 $117,100 $286,700
2022 $5,189 $403,800 $117,100 $286,700
2021 $4,243 $218,700 $86,400 $132,300
2020 $4,155 $218,700 $86,400 $132,300
2019 $4,144 $218,700 $86,400 $132,300
2018 $3,517 $218,700 $86,400 $132,300
2017 $3,740 $218,700 $86,400 $132,300
2016 $3,715 $218,500 $86,200 $132,300
2015 $3,562 $218,500 $86,200 $132,300
2014 $3,113 $178,900 $59,700 $119,200
2013 $3,095 $178,900 $59,700 $119,200
Source: Public Records

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