NOT LISTED FOR SALE

11 Fae Ln Unit 14 Gorham, ME 04038

Estimated Value: $460,000 - $510,000

2 Beds
2 Baths
1,141 Sq Ft
$219/mo HOA Fee

Last Sold July 08, 2021

Last sale price $325,000 $285 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,153/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Level Lot
  • Village Elementary School Rated A-
  • 2 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of July 2021

Single level living at its finest! Enjoy with the benefits of a condo association while maintaining the privacy of a free standing home. Located right in the heart of Gorham an opportunity like this does not arise often. Lock up your brand new home now and enjoy the convenience of walking to everything the center of Gorham has to offer. Use 136 South street for GPS.

Last Agent to Sell the Property

Josh Plowman

Plowman Realty Group Listed on: 01/22/2021

Last Buyer's Agent

Joshua Plowman

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,667

Year Built

  • Built in 2021

Lot Details

  • 10,454

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,141 Sq Ft Home
  • Interior Basement Entry

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • Grady Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 78
  • Assessor Parcel Number 11faelanegorham04038

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,667

Year Built

Built in 2021

Lot Details

0

HOA Fees

$219 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Grady Farms
  • Directions: Use 136 South street for GPS.
  • Above Grade Finished Sq Ft: 1141.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1141.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 219.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Ranch: Yes
  • Basement:Slab2: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 219.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 11faelanegorham04038
  • Zoning: UR

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: 78
  • Tax Book Number: 34820
  • Tax Lot: 16
  • Tax Map Number: 103
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jul 8, 2021
Sold by
Plowman Dev Grp Llc
Bought by
Nicholson Rhonda M
Seller's Agent
Josh Plowman
Plowman Realty Group
Buyer's Agent
Josh Plowman
Bean Group
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$479,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,967
Avg. Annual Appreciation
8.65%
Original Mortgage
$50,000
Outstanding Balance
$45,759
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$415,819
Source: Public Records

Range of Values:

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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
Nicholson Rhonda M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Rhonda M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $325,000 0.0% $285 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $325,000 -- $285 / 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
2024 $4,667 $317,500 $31,900 $285,600
2023 $4,366 $317,500 $31,900 $285,600
2022 $4,080 $317,500 $31,900 $285,600
2021 $1,736 $89,500 $66,100 $23,400
2020 $1,256 $66,100 $66,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Plowman

    Seller's Agent in 2021

    Josh Plowman

    Plowman Realty Group

    (207) 776-2130

    52 in this area

    256 Total Sales

    Josh Plowman
    Section Image

  • J

    Buyer's Agent in 2021

    Joshua Plowman

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1480393

Maine Listings

APN: GRHM M:103 B:078 L:014

Maine Cumberland County Gorham 04038

11 Fae Ln Unit 14, Gorham, ME

This home is located at 11 Fae Ln Unit 14, Gorham, ME 04038 since 22 January 2021 and is currently estimated at $479,967, approximately $420 per square foot. This property was built in 2021. 11 Fae Ln Unit 14 is a home located in Cumberland County with nearby schools including Village Elementary School, Gorham Middle School, and Gorham High School.

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