S
Seller's Agent in 2018
Susan Moore
Better Homes & Gardens Real Estate/The Masiello Group
15 Dunton Ln Gorham, ME 04038
Estimated Value: $476,000 - $578,000
4
Beds
2
Baths
2,736
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- 2.88 Acre Lot
- Deck
- Corner Lot
- Village Elementary School Rated A-
- Main Floor Bedroom
- No HOA
About This Home
As of June 2018Investors AND owner occupiers should both take notice. 2005 Construction. Large clean units. Big, level country lot. Gorham Schools. Unit A, most recently rented at $1,300/month, is vacant and is currently undergoing a facelift. Will have new interior paint and new carpet in the bedrooms. Unit B has a quality tenant in place at $1,250/month. Each unit has laundry hook ups, a 2 zone furnace, a storage shed, private driveway, and it's own septic tank. Tenants pay their own utilities. No water/sewer bills due to well and septic. $30,600 gross income per year. Other than maintenance, the only expenses should be taxes and insurance. Let's talk numbers: At the list price, the FHA 30 year owner occupier payment with 3.5% down, MSHA overlay rate of 3.95% APR, and $1,200 in estimated insurance would be $2,061. After the rental income, an FHA/MSHA owner occupier could live for $811/month.
Last Agent to Sell the Property
Susan Moore
Better Homes & Gardens Real Estate/The Masiello Group Listed on: 05/01/2018
Last Buyer's Agent
Sandra Bradford
Bean Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,579
Year Built
- Built in 2005
Lot Details
- 2.88 Acre Lot
- Street terminates at a dead end
- Corner Lot
Home Design
- Split Foyer
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Laundry on main level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Bathtub
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Deck
- Shed
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Private Water Source
- Well
- Septic System
- Septic Design Available
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number GRHM-000078-000016
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $5,000
- Gross Income $30,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2018
Closed on
Jun 19, 2018
Sold by
Gilbert Donald J
Bought by
Moore Ian and Moore Kristin L
Seller's Agent
Susan Moore
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Sandra Bradford
Bean Group
List Price
$309,900
Sold Price
$323,000
Premium/Discount to List
$13,100
4.23%
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
$217,643
Avg. Annual Appreciation
7.31%
Original Mortgage
$258,400
Outstanding Balance
$224,410
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$316,233
Purchase Details
Closed on
Jun 20, 2007
Sold by
Gilbert Doanld J
Bought by
Ramey Betty A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,740
Interest Rate
6.14%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Moore Ian | -- | -- | |
| Ramey Betty A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moore Ian | $258,400 | |
| Previous Owner | Ramey Betty A | $102,740 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2018 06/15/18 | Sold | $323,000 | +4.2% | $118 / Sq Ft |
| 05/04/2018 05/04/18 | Pending | -- | -- | -- |
| 05/01/2018 05/01/18 | For Sale | $309,900 | -- | $113 / 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 |
|---|---|---|---|---|
| 2024 | $6,059 | $412,200 | $92,300 | $319,900 |
| 2023 | $5,668 | $412,200 | $92,300 | $319,900 |
| 2022 | $5,297 | $412,200 | $92,300 | $319,900 |
| 2021 | $4,060 | $209,300 | $69,400 | $139,900 |
| 2020 | $3,977 | $209,300 | $69,400 | $139,900 |
| 2019 | $3,966 | $209,300 | $69,400 | $139,900 |
| 2018 | $788 | $209,300 | $69,400 | $139,900 |
| 2017 | $3,579 | $209,300 | $69,400 | $139,900 |
| 2016 | $3,558 | $209,300 | $69,400 | $139,900 |
| 2015 | $3,412 | $209,300 | $69,400 | $139,900 |
| 2014 | $3,202 | $184,000 | $63,800 | $120,200 |
| 2013 | $3,183 | $184,000 | $63,800 | $120,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2018
Sandra Bradford
Bean Group
Map
Source: Maine Listings
MLS Number: 1347872
APN: GRHM-000078-000016
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