NOT LISTED FOR SALE

159 Dow Rd Gorham, ME 04038

Estimated Value: $383,000 - $478,000

3 Beds
1 Bath
1,173 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $65,000 $55 Per Sq Ft

Est. 541% increase in value since last sale

Current estimated payment $2,563/month

106 Days on Market

Highlights

  • Barn
  • 1.53 Acre Lot
  • No HOA
  • Village Elementary School Rated A-
  • Post and Beam
  • Pasture

About This Home

As of March 2016

Home in need of extensive renovations, not financeable in present condition. Good 203k loan candidate. May not be worth saving existing structure. Barn has 6 stalls for horses.

Last Agent to Sell the Property

Kevin Murphy

The Real Estate Store Listed on: 11/09/2015

Co-Listed By

John Murphy

The Real Estate Store

Last Buyer's Agent

Brian Plowman

Bean Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1880

Lot Details

  • 1.53 Acre Lot
  • Rural Setting
  • Property is zoned Rural

Parking

  • Gravel Driveway

Home Design

  • 1,173 Sq Ft Home
  • Post and Beam
  • Farmhouse Style Home
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor
  • Crawl Space

Farming

  • Barn
  • Agricultural
  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Well Required
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number GRHM-000074-000001

Home Details

Home Type

Single Family

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.53
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1393
  • Co List Office Phone: 207-883-4327
  • MLS Status: Closed
  • Directions: From downtown Gorham, take 25 West, continue on 25 through rotary, turn left on 112 after 2mi, driveway is on the right at the intersection of Line Rd. and 112.
  • Above Grade Finished Sq Ft: 1173.0
  • Architectural Style: Farmhouse
  • Year Built: 1880
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.53
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1173.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Foundation Materials:Stone: Yes
  • Basement:Crawl Space: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Site:Agriculture: Yes
  • Water:Well Needed on Site: Yes
  • Site:PastureField: Yes
  • Construction:Post Beam: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Crawl Space, Partial, Exterior Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Agriculture, Pasture, Rural
  • Waterfront: No
  • Construction Type: Composition, Post & Beam
  • Foundation Details: Stone
  • Other Structures: Barn
  • Roof: Pitched, Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Unknown, Septic Existing on Site
  • Water Source: Private, Well, Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 66646.8
  • Parcel #: GRHM-000074-000001
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1954.0
  • Tax Book Number: 30318
  • Tax Lot: 01
  • Tax Map Number: 74
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2017
Sold by
Griggs Dennis and Griggs Diana
Bought by
Griggs Neil S
Current Estimated Value
$416,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Outstanding Balance
$42,580
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$374,392

Purchase Details

Listed on
Nov 9, 2015
Closed on
Mar 10, 2016
Sold by
Southgate Hill Llc
Bought by
Griggs Dennis and Griggs Diana
Seller's Agent
Kevin Murphy
The Real Estate Store
Buyer's Agent
Brian Plowman
Bean Group
List Price
$79,000
Sold Price
$65,000
Premium/Discount to List
-$14,000
-17.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.46%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Olson Kenneth R
Bought by
Southgate Hill Llc

Purchase Details

Closed on
Jan 22, 2013
Sold by
Olson Kenneth R
Bought by
Olson Nancy O
Source: Public Records

Range of Values:

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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
Griggs Neil S -- --
Griggs Dennis -- --
Southgate Hill Llc -- --
Olson Nancy O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griggs Neil S $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $65,000 -17.7% $55 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $79,000 -- $67 / 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 $4,223 $287,300 $76,200 $211,100
2023 $3,950 $287,300 $76,200 $211,100
2022 $3,692 $287,300 $76,200 $211,100
2021 $2,953 $152,200 $64,000 $88,200
2020 $2,892 $152,200 $64,000 $88,200
2019 $2,884 $152,200 $64,000 $88,200
2018 $2,770 $152,200 $64,000 $88,200
2017 $2,365 $138,300 $64,000 $74,300
2016 $2,038 $119,900 $64,000 $55,900
2015 $1,954 $119,900 $64,000 $55,900
2014 $2,018 $116,000 $58,300 $57,700
2013 $2,007 $116,000 $58,300 $57,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1243646

Maine Listings

APN: GRHM-000074-000001