NOT LISTED FOR SALE

122 Queen St Gorham, ME 04038

Estimated Value: $1,001,000 - $1,402,693

2.97 Acres
$386,254 Price per Acre
129,373 Sq Ft Lot

Last Sold July 13, 2018

Last sale price $102,000

Est. 1,025% increase in value since last sale

Current estimated payment $7,412/month

108 Days on Market

Highlights

  • 2.97 Acre Lot
  • Corner Lot
  • No HOA
  • Great Falls Elementary School Rated A-

About This Lot

As of July 2018

This lot is perfectly private and ready for a dream home on a quiet dead end street! Ready to build with clearing and driveway complete and utility pole ready for connections. Soil test and septic design for a 3 bed, 2.5 bathroom single family home are available. Looking for an investment, additional soil tests and town code indicate ability to split into two lots.

Last Agent to Sell the Property

Kimberly Kuusela

Bean Group Listed on: 02/24/2018

Last Buyer's Agent

Keith Nicely

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,209

Lot Details

  • 2.97 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • Corner Lot
  • Property is zoned SR

Parking

  • Gravel Driveway

Location

  • Suburban Location

Utilities

  • Electricity Not Available
  • Private Water Source
  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed
  • Septic Design Available
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,209

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.97
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Rt 202 coming from in town Gorham, take left onto Queen St. Go straight through intersection with Libby Ave. Road will turn to gravel. Lot is the last one on the left before dead end.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.97
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Location:Suburban: Yes
  • Sewer:Private Sewer: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Design Available: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Advertising Remarks:Advertising Remarks: This lot is perfectly private and ready for a dream home on a quiet dead end street! Ready to build with clearing and driveway complete and utility pole ready for connections. Soil test and septic design for a 3 bed, 2.5 bathroom single family home are available. Looking for an investment, additional soil tests and town code indicate ability to split into two lots.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Corner Lot, Near Town, Suburban
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: No Electric
  • Sewer: Private Sewer, Perc Test On File, Septic Design Available, Septic Needed
  • Utilities: Pole
  • Water Source: Private, Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 129373.2
  • Parcel #: GRHM-000047-000026-000002
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 1209.0
  • Tax Lot: 26
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Taft Jedidiah J and Taft Julie A
Bought by
Loranger Justin and Loranger Lynn
Current Estimated Value
$1,147,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$243,420
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$903,753

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
New Conventional

Purchase Details

Listed on
Feb 24, 2018
Closed on
Jul 17, 2018
Sold by
Kuusela Laurence R and Enochs Elaine
Bought by
Great Neck Properties Llc
Seller's Agent
Kimberly Kuusela
Bean Group
Buyer's Agent
Keith Nicely
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$130,000
Sold Price
$102,000
Premium/Discount to List
-$28,000
-21.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.26%
Original Mortgage
$76,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
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 List to Sale Price per Sq Ft
07/13/2018 07/13/18 Sold $102,000 -21.5% --
06/13/2018 06/13/18 Pending -- -- --
02/24/2018 02/24/18 For Sale $130,000 -- --
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

  • K

    Seller's Agent in 2018

    Kimberly Kuusela

    Bean Group

  • K

    Buyer's Agent in 2018

    Keith Nicely

    Better Homes & Gardens Real Estate/The Masiello Group

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Map

Source: Maine Listings

MLS Number: 1339159

Maine Listings

APN: GRHM-000047-000026-000002

Maine Cumberland County Gorham 04038

122 Queen St, Gorham, ME

Not Listed for Sale

Lots

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