P
Seller's Agent in 2021
Paige Klein
Portside Real Estate Group
(207) 370-1529
2 in this area
44 Total Sales
138 Main St Gorham, ME 04038
Gorham NeighborhoodEstimated Value: $576,136
6
Beds
2.5
Baths
3,224
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Deck
- Main Floor Bedroom
- Village Elementary School Rated A-
- Wood Flooring
- 2 Fireplaces
About This Home
As of July 2021Opportunity awaits you with this two-unit home located in Gorham. Built in 1900, this charming home is full of potential. One unit features four bedrooms and 1 3/4 bath and the second unit has two bedrooms with one bath. Pre-listing inspection was performed with many repairs and updates since including electrical, plumbing and mold remediation. Live in one apartment and rent out the other or rent out both for additional income. Very convenient location with shopping and restaurants just around the corner and with all of Greater Portland right at your fingertips. Don't miss out on your chance for this spacious multi-unit!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,446
Year Built
- Built in 1900
Lot Details
- 0.7 Acre Lot
- Level Lot
- Open Lot
Home Design
- Cape Cod Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,224 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Unfinished Basement
- Walk-Out Basement
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub
- Shower Only
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- City Lot
Utilities
- No Cooling
- Forced Air Zoned Heating System
- Heating System Uses Natural Gas
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block / / 2
- Assessor Parcel Number GRHM-000100-000002
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $6,500
- Gross Income $28,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2021
Closed on
Jul 8, 2021
Sold by
Emery Michael and Hinkson Cheryl
Bought by
Caplan Matthew B and Catague Regina
Seller's Agent
Paige Klein
Portside Real Estate Group
Buyer's Agent
Ann Cianchette
RE/MAX By The Bay
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,136
Avg. Annual Appreciation
8.89%
Original Mortgage
$407,483
Outstanding Balance
$373,711
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$202,425
Purchase Details
Listed on
Jul 20, 2017
Closed on
Sep 26, 2017
Sold by
Litchfield Beverley C and Litchfield Justin B
Bought by
Emery Michael and Hinkson Cheryl
Seller's Agent
Chris Sullivan
Vitalius Real Estate Group, LLC
Buyer's Agent
Alberta Byrnes
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$249,000
Sold Price
$242,000
Premium/Discount to List
-$7,000
-2.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%
Original Mortgage
$181,500
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2009
Sold by
Westland Investments Llc
Bought by
Litchfield Justin B and Litchfield Beverley C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caplan Matthew B | -- | None Available | |
| Emery Michael | -- | -- | |
| Litchfield Justin B | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caplan Matthew B | $407,483 | |
| Previous Owner | Emery Michael | $181,500 | |
| Previous Owner | Litchfield Justin B | $23,250 | |
| Previous Owner | Litchfield Justin B | $136,750 | |
| Previous Owner | Litchfield Justin B | $138,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2021 07/08/21 | Sold | $415,000 | +6.7% | $129 / Sq Ft |
| 04/26/2021 04/26/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $389,000 | +60.7% | $121 / Sq Ft |
| 09/22/2017 09/22/17 | Sold | $242,000 | -2.8% | $75 / Sq Ft |
| 08/08/2017 08/08/17 | Pending | -- | -- | -- |
| 07/20/2017 07/20/17 | For Sale | $249,000 | -- | $77 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $5,302 | $385,600 | $70,400 | $315,200 |
| 2022 | $4,955 | $385,600 | $70,400 | $315,200 |
| 2021 | $4,540 | $234,000 | $76,500 | $157,500 |
| 2020 | $4,446 | $234,000 | $76,500 | $157,500 |
| 2019 | $4,434 | $234,000 | $76,500 | $157,500 |
| 2018 | $4,259 | $234,000 | $76,500 | $157,500 |
| 2017 | $4,001 | $234,000 | $76,500 | $157,500 |
| 2016 | $3,978 | $234,000 | $76,500 | $157,500 |
| 2015 | $3,814 | $234,000 | $76,500 | $157,500 |
| 2014 | $4,025 | $231,300 | $86,600 | $144,700 |
| 2013 | $4,001 | $231,300 | $86,600 | $144,700 |
Source: Public Records
Agents Affiliated with this Home
-
Paige Klein
-
A
Buyer's Agent in 2021
Ann Cianchette
RE/MAX
-
Chris Sullivan
Seller's Agent in 2017
Chris Sullivan
Vitalius Real Estate Group, LLC
(207) 730-0884
129 Total Sales
-
A
Buyer's Agent in 2017
Alberta Byrnes
Better Homes & Gardens Real Estate/The Masiello Group
Map
Source: Maine Listings
MLS Number: 1488654
APN: GRHM-000100-000002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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