NOT LISTED FOR SALE

1 Wallace Ave Gray, ME 04039

Estimated Value: $246,000 - $286,638

2 Beds
1 Bath
798 Sq Ft
$331/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $175,000 $219 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,553/month

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Living Room
  • Level Lot

About This Home

As of April 2023

Cute 2 bedroom ranch in convenient location near Crystal Lake.

Last Agent to Sell the Property

Don Beal

HomeSmart Listed on: 03/31/2023

HomeSmart

Last Buyer's Agent

Donald Beal

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot
  • Street terminates at a dead end
  • Rural Setting
  • Level Lot
  • Open Lot
  • Property is zoned RR

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 798 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Doghouse Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number GRAY-000013-000102-000044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,076

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • MLS Status: Closed
  • Directions: Rt 26 to Wallace Ave.
  • Above Grade Finished Sq Ft: 798.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Year Built: 1970
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 224.31
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.3
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 798.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Style:Ranch: Yes
  • Basement Entry:Doghouse: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Cute 2 bedroom ranch in convenient location near Crystal Lake.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Full, Partial, Doghouse
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 13068.0
  • Parcel #: GRAY-000013-000102-000044
  • Zoning: RR

Tax Info

  • Tax Annual Amount: 2076.0
  • Tax Lot: 44
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 21, 2023
Sold by
Bowles Clifford A
Bought by
Wallace Dana
Seller's Agent
Don Beal
HomeSmart
Buyer's Agent
Donald Beal
Keller Williams Realty
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%
Current Estimated Value
$264,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,410
Avg. Annual Appreciation
16.45%
Original Mortgage
$75,000
Outstanding Balance
$72,812
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,598
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Wallace Dana $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Dana $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2023 04/21/23 Sold $175,000 -2.2% $219 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $179,000 -- $224 / Sq Ft
Source: Maine Listings

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
2025 $2,048 $211,600 $104,300 $107,300
2024 $2,053 $211,600 $104,300 $107,300
2023 $2,259 $148,800 $44,500 $104,300
2022 $2,076 $148,800 $44,500 $104,300
2021 $1,934 $132,400 $44,500 $87,900
2020 $1,953 $132,400 $44,500 $87,900
2019 $1,953 $132,400 $44,500 $87,900
2018 $1,854 $132,400 $44,500 $87,900
2017 $1,301 $72,100 $21,500 $50,600
2016 $1,319 $72,100 $21,500 $50,600
2015 $1,296 $71,200 $21,500 $49,700
2014 $1,296 $71,200 $21,500 $49,700
2012 $1,129 $71,200 $21,467 $49,733
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Don Beal

    HomeSmart

    Section Image

  • D

    Buyer's Agent in 2023

    Donald Beal

    Keller Williams Realty

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Map

Source: Maine Listings

MLS Number: 1555098

Maine Listings

APN: GRAY-000013-000102-000044

Maine Cumberland County Gray 04039

1 Wallace Ave, Gray, ME

Not Listed for Sale

Detached

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