NOT LISTED FOR SALE

122 Queen St Gorham, ME 04038

Estimated Value: $835,000 - $1,424,615

5 Beds
4.5 Baths
3,863 Sq Ft
$299/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $1,100,000 $285 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,523/month

7 Days on Market

Highlights

  • 2.97 Acre Lot
  • Deck
  • Wooded Lot
  • Great Falls Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2023

Very unique, custom-built home that must be seen to appreciate all its charm and workmanship. Currently being used as a multi-generational homestead so no rental history. Each unit is a full house on a very, quiet, private setting. Just 2 miles from Gorham Village. 1st unit is a 2 story (2029 SF) with 3BR, 2.5 Bath with custom woodwork throughout. All Cherry flooring and Tile. Beautiful Custom Chef's Kitchen and dining area are just waiting for entertaining. Bosch Stainless Steel Kitchen appliances including 36' 5 Burner gas cooktop with electric convection oven. One of a kind butcher block island and glass tile backsplash. Walk in pantry and 1st floor laundry. Living Room with an Airtight Quadra fire zero clearance wood burning fireplace. 1st floor primary suite and home office with 2 beds and bath upstairs. Standby generator ready with a transfer switch installed along with all gas piping and conduit. 2nd unit is a gorgeous Ranch Style (1568 SF) 2 Bedroom 2 Bath home with the same quality craftsmanship, a beautiful all season sunroom with a gas fireplace, perfect for your morning coffee or snuggled in with your favorite book. Custom kitchen, stainless steel appliances, gas range and 2 walk in pantries. Cathedral ceilings in kitchen, living and dining room for an open feel. Custom Curbless shower in primary bath. Hardwood floors and tile throughout. If your power goes out the 20 kw Kholer standby generator is ready to go. Each unit has Triple Pane Windows, spray foam and rock wool insulation. Full basement with radiant heat and much more along with their own oversized 1 car garage and ample parking. High speed fiber optic internet, wired for ethernet makes working from home a breeze. Step outside to your private decks and patios for fires and relaxing. Wildlife abounds along with your own frog pond.

Last Agent to Sell the Property

Keith Nicely

The Maine Real Estate Group Listed on: 05/25/2023

Last Buyer's Agent

David Willis

Willis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,626

Year Built

  • Built in 2019

Lot Details

  • 2.97 Acre Lot
  • Dirt Road
  • Rural Setting
  • Landscaped
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,863 Sq Ft Home
  • 2 Fireplaces
  • Triple Pane Windows
  • Laundry on main level

Flooring

  • Wood
  • Tile

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic Tank
  • Septic Design Available

Listing and Financial Details

  • Tax Lot 26-2
  • Assessor Parcel Number GRHM-000047-000026-000002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $16,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,626

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.97
  • Road Surface Type: Gravel, Dirt
  • MLS Status: Closed
  • Directions: From Gorham Village, Rte 202 east to left on queen street to just before end end on left.
  • Above Grade Finished Sq Ft: 3863.0
  • Architectural Style: Contemporary, Ranch
  • Garage Yn: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.97
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3863.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Operating Expenses: 16000.0
  • Amenities:Laundry - 1st Floor: Yes
  • Building Info:_pound_ Fireplaces3: 2
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Roads:Dirt: Yes
  • Sewer:Septic Tank: Yes
  • Window Features Triple Glaze Windows2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior, Full, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood, Tile
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath
  • Window Features: Triple Pane Windows
  • Full Basement: Yes
  • Amenities 1st Floor Primary BR wBath: Yes

Exterior Features

  • Lot Features: Well Landscaped, Open, Wooded, Near Shopping, Near Town, Rural, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Auto Door Opener, 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Hot Water, Heat Pump, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 129373.2
  • Parcel #: GRHM-000047-000026-000002
  • Zoning: UREXP

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 14626.0
  • Tax Book Number: 38080
  • Tax Lot: 26-2
  • Tax Map Number: 47
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 27, 2023
Sold by
Taft Jedidiah J and Taft Julie A
Bought by
Loranger Justin and Loranger Lynn
Seller's Agent
Keith Nicely
The Maine Real Estate Group
Buyer's Agent
David Willis
Willis Real Estate
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,154,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,654
Avg. Annual Appreciation
2.28%
Original Mortgage
$250,000
Outstanding Balance
$244,918
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$910,594

Purchase Details

Closed on
Apr 9, 2021
Sold by
Great Neck Properties Llc
Bought by
Taft Jedidiah J and Taft Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
3.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2018
Sold by
Kuusela Laurence R and Enochs Elaine
Bought by
Great Neck Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Loranger Justin $1,100,000 None Available
Taft Jedidiah J -- None Available
Great Neck Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loranger Justin $250,000
Previous Owner Taft Jedidiah J $366,000
Previous Owner Great Neck Properties Llc $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $1,100,000 0.0% $285 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $1,100,000 -- $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 $16,811 $1,143,600 $109,700 $1,033,900
2023 $15,650 $1,138,200 $109,700 $1,028,500
2022 $14,626 $1,138,200 $109,700 $1,028,500
2021 $11,460 $590,700 $90,000 $500,700
2020 $11,223 $590,700 $90,000 $500,700
2019 $6,013 $317,300 $90,000 $227,300
2018 $1,287 $70,700 $70,700 $0
2017 $1,209 $70,700 $70,700 $0
2016 $1,207 $71,000 $71,000 $0
2015 $1,157 $71,000 $71,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1559715

Maine Listings

APN: GRHM-000047-000026-000002