NOT LISTED FOR SALE

15 Rivers Edge Rd Gray, ME 04039

Estimated Value: $438,000 - $494,000

4 Beds
4 Baths
2,664 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $223,500 $84 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,030/month

72 Days on Market

Highlights

  • 270 Feet of Waterfront
  • 3.25 Acre Lot
  • Cul-De-Sac
  • View of Trees or Woods
  • River Nearby
  • Bathtub

About This Home

As of January 2016

GRAY: 2 Unit- 1999 Ranch style Duplex on 3+, private acres. Each unit has 2 floors. First floor has a large Kitchen and Dining Area, 2 Bedrooms and Full Bathroom. The Daylight Basement has a large Living Room, 1/2 Bath with Laundry, Utility room, Furnace room & Slider to concrete patio in the back yard. Plenty of storage. Each unit has its own Forced Hot Water, oil, heating system and a separate 1000 gal septic tank. Drill well is shared. Water frontage on Pleasant River. Easy access to I95 for commuters!

Last Agent to Sell the Property

Yvonne Myer

Bean Group Listed on: 09/24/2015

Last Buyer's Agent

Michael Jepson

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1999

Lot Details

  • 3.25 Acre Lot
  • 270 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Dirt Road
  • Cul-De-Sac
  • Rural Setting
  • Lot Has A Rolling Slope

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Views of Woods
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Bathtub

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • River Nearby
  • Patio
  • Shed

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 022-005-006
  • Assessor Parcel Number GRAY-000062-000022-000005-000006

Community Details

Overview

  • 2 Units
  • Rivers Edge Road Association Subdivision

Building Details

  • Operating Expense $5,320
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1999

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 3.25
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: PLEASANT RIVER
  • MLS Status: Closed
  • Subdivision Name: RIVERS EDGE ROAD ASSOCIATION
  • Directions: FROM RT 202/RT 115 IN GRAY, TAKE LAWRENCE RD .5 MILE, TAKE A RIGHT ONTO RIVERS EDGE, GO .2 MILE, 3RD HOME ON THE LEFT. SEE SIGN.
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Ranch
  • Building Stories: 1
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 3.25
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1500.0
  • Property Information:SqFt Finished Below Grade: 1164.0
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: 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
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 200.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 21600.0
  • Income Expenses Operating Expenses: 5320.0
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 270.0
  • Water Info:Water Frontage Owned -: 270.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Site:Cul-De-Sac: Yes
  • Building Info:_pound_ Floors3: 2
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Below Grade Sq Ft: 1164.0
  • Flooring: Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Cul-De-Sac, Rolling Slope, Rural
  • View: Trees/Woods
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 141570.0
  • Parcel #: GRAY-000062-000022-000005-000006
  • Zoning: RR&Agriculture

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Annual Operating Expense: 5320.0

Tax Info

  • Tax Annual Amount: 3320.0
  • Tax Book Number: 14849
  • Tax Lot: 022-005-006
  • Tax Map Number: 062
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 25, 2016
Sold by
Mains Kirk D
Bought by
White Abraham
Seller's Agent
Yvonne Myer
Bean Group
Buyer's Agent
Michael Jepson
Century 21 North East
List Price
$230,000
Sold Price
$223,500
Premium/Discount to List
-$6,500
-2.83%
Total Days on Market
72
Current Estimated Value
$476,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,557
Avg. Annual Appreciation
8.29%
Original Mortgage
$219,451
Interest Rate
3.98%
Mortgage Type
FHA
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
White Abraham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed White Abraham $198,550
Closed White Abraham $219,451
Closed Mains Kirk D $75,000
Closed Mains Kirk D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2016 01/25/16 Sold $223,500 -2.8% $84 / Sq Ft
12/06/2015 12/06/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $230,000 -- $86 / 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 $4,202 $433,200 $141,300 $291,900
2023 $3,710 $244,400 $59,200 $185,200
2022 $3,409 $244,400 $59,200 $185,200
2021 $3,311 $226,600 $59,200 $167,400
2020 $3,342 $226,600 $59,200 $167,400
2019 $3,342 $226,600 $59,200 $167,400
2018 $3,172 $226,600 $59,200 $167,400
2017 $3,274 $181,400 $58,300 $123,100
2016 $3,320 $181,400 $58,300 $123,100
2015 $3,301 $181,400 $58,300 $123,100
2014 $3,301 $181,400 $58,300 $123,100
2012 $2,874 $181,351 $58,250 $123,101
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2016

    Yvonne Myer

    Bean Group

  • M

    Buyer's Agent in 2016

    Michael Jepson

    Century 21 North East

See All Agents

Map

Source: Maine Listings

MLS Number: 1238774

Maine Listings

APN: GRAY-000062-000022-000005-000006

Maine Cumberland County Gray 04039

15 Rivers Edge Rd, Gray, ME

This home is located at 15 Rivers Edge Rd, Gray, ME 04039 since 24 September 2015 and is currently estimated at $476,057, approximately $178 per square foot. This property was built in 1999. 15 Rivers Edge Rd is a home located in Cumberland County with nearby schools including Gray-New Gloucester High School and Fiddlehead School of Arts & Science.

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