$780,000
SOLD JUL 3, 2024

111 Gateway Commons Dr Gorham, ME 04038

4 Beds
3.5 Baths
3,489 Sq Ft
0.36 Acres

Recently Sold

$224 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • 1 Fireplace
  • Narragansett Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of July 2024

Nestled on a peaceful cul-de-sac in the highly desirable Gateway Commons neighborhood, this custom farmhouse colonial will captivate you from the moment you step into the impressive, bright 2-story open foyer. This 4-bedroom, 3 ½ bath home offers ample space for gatherings with friends and family, as well as room to spread out. The open-concept eat-in kitchen and family room create an ideal setting for cooking enthusiasts and entertaining with a generous center island, plenty of room for food prep and lots of storage. The kitchen features ceramic tiled floors, granite countertops, new appliances and pantry. The large sunken family room boasts a gas fireplace for cozy gatherings and game nights with family and friends. A separate formal dining room accommodates large gatherings for special occasions and opens into an additional living room.

Upstairs, a relaxing retreat awaits in the spacious ensuite primary bedroom with walk-in closet and spa-like tiled bathroom including a bay window, whirlpool tub, separate shower and double sinks. Three additional generously sized bedrooms and a shared bath complete the second floor. Above the garage an extra unfinished space with two skylights provides the opportunity for a bonus room.

The expansive finished, walk-out basement includes a kitchen and full bath and is ideal for hosting guests, working on hobbies, or playtime and includes extra unfinished storage space. Outdoor areas offer tranquility, whether enjoying the perennial gardens, sipping ice tea on the front farmer's porch or barbecuing on the rear stone patio. Adjacent woodlands ensure privacy, and acres of neighborhood common space provide recreational opportunities. This property is conveniently located in the village and is an easy commute to Portland, while offering a serene, country neighborhood feel.

Last Agent to Sell the Property

Gregg Caporossi

Town & Shore Real Estate Listed on: 05/29/2024

Last Buyer's Agent

Aaron Chadbourne

Demetria Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,707

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • Landscaped
  • Wooded Lot
  • Property is zoned SR

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Security System
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Shower Only

Finished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Patio
  • City Lot

Listing and Financial Details

  • Tax Lot 67
  • Assessor Parcel Number GRHM-000116-000067

Community Details

Overview

  • Gateway Commons Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,707

Year Built

Built in 2002

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Gateway Commons
  • Above Grade Finished Sq Ft: 2609.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2002
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Property Information:Lot Size Acres -: 0.36
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2609.0
  • Property Information:SqFt Finished Below Grade: 880.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Amenities:Storage: Yes
  • Location Information:Association Fee: 125.0
  • Location Information:Fee Frequency Paid: Annually
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Style:Colonial: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 880.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Landscaped, Wooded, Intown, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.6
  • Parcel #: GRHM-000116-000067
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 7707.0
  • Tax Book Number: 19219
  • Tax Lot: 67
  • Tax Map Number: 116
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 3, 2024
Sold by
Wyper Janet L and Twilley Edgar M
Bought by
Weber Matthew and Weber Sanda D
Seller's Agent
Gregg Caporossi
Town & Shore Real Estate
Buyer's Agent
Aaron Chadbourne
Demetria Real Estate
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Total Days on Market
3
Views
24
Current Estimated Value
$784,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,212
Avg. Annual Appreciation
0.56%
Original Mortgage
$490,000
Outstanding Balance
$486,256
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,956
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 None Available
Warranty Deed $780,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 Purchase Money Mortgage
Closed $490,000 Purchase Money Mortgage
Previous Owner $63,500 Unknown
Previous Owner $45,500 Unknown
Previous Owner $238,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $50,000 Unknown
Previous Owner $55,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $780,000 +0.6% $224 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $775,000 -- $222 / 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 $8,239 $560,500 $80,400 $480,100
2023 $7,707 $560,500 $80,400 $480,100
2022 $7,202 $560,500 $80,400 $480,100
2021 $6,751 $348,000 $96,400 $251,600
2020 $6,612 $348,000 $96,400 $251,600
2019 $6,595 $348,000 $96,400 $251,600
2018 $6,334 $348,000 $96,400 $251,600
2017 $5,951 $348,000 $96,400 $251,600
2016 $5,916 $348,000 $96,400 $251,600
2015 $5,672 $348,000 $96,400 $251,600
2014 $5,558 $319,400 $96,100 $223,300
2013 $5,526 $319,400 $96,100 $223,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1591264

Maine Listings

APN: GRHM-000116-000067