$267,000
SOLD JUL 20, 2017

16 Balsam Ln Gorham, ME 04038

3 Beds
2 Baths
1,144 Sq Ft
1.4 Acres

Recently Sold

$233 Per Sq Ft

1% Below List Price

30 Days on Market

Highlights

  • Nearby Water Access
  • View of Trees or Woods
  • Wooded Lot
  • Village Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of October 2024

Tidy, updated and modern ranch in lovely wooded setting. Bright and airy open concept living space with hardwood floors includes an eat in kitchen with stainless appliances and tiled backsplash. Master suite with lots of closet space, and two more generous bedrooms. Shaded front porch and large deck out back overlooking private, wooded yard with babbling brook and foot bridge! Huge daylight basement could be workshop, family room, home gym and/or office. Idyllic private setting, close to commuter routes.

Last Agent to Sell the Property

John Harmon John Carroll

Bean Group Listed on: 05/05/2017

Last Buyer's Agent

Doug Schauf

RE/MAX Oceanside

RE/MAX Oceanside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1997

Lot Details

  • 1.4 Acre Lot
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned SR

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,144 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Views of Woods
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Legal Lot and Block 1 / 12
  • Assessor Parcel Number 16BalsamLNGorham74121

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,184

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Ossipee Trail (Route 25)take Dow Rd (Route 112)to a right on Line Road to a Right on Balsam Lane to #16 on the left. Look for sign
  • Above Grade Finished Sq Ft: 1144.0
  • Architectural Style: Ranch
  • Year Built: 1997
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.4
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1144.0
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Style:Ranch: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Near Golf Course, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • Parcel #: 16BalsamLNGorham74121
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 3184.0
  • Tax Block: 12
  • Tax Book Number: 33852
  • Tax Lot: 1
  • Tax Map Number: 74
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 16, 2024
Sold by
Buckman Neil and Aguilar Jessica
Bought by
Mcgonagle Steven
Seller's Agent
Kaili Moore
Portside Real Estate Group
Buyer's Agent
Bridget King Jason Miller
King + Miller Real Estate
List Price
$499,900
Sold Price
$493,000
Premium/Discount to List
-$6,900
-1.38%
Views
43
Current Estimated Value
$502,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,877
Avg. Annual Appreciation
1.14%
Original Mortgage
$468,350
Outstanding Balance
$465,700
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$31,073

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 31, 2021
Sold by
Cruz Meghan E and Cruz Robert
Bought by
Buckman Neil and Aguilar Jessica
Seller's Agent
Doug Schauf
RE/MAX Oceanside
Buyer's Agent
Kaili Moore
Portside Real Estate Group
List Price
$312,000
Sold Price
$350,000
Premium/Discount to List
$38,000
12.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$280,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 24, 2017
Sold by
Hall Philip
Bought by
Cruz Meghan E and Cruz Robert
Seller's Agent
John Harmon John Carroll
Bean Group
Buyer's Agent
Doug Schauf
RE/MAX Oceanside
List Price
$269,900
Sold Price
$267,000
Premium/Discount to List
-$2,900
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$272,740
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Sold by
Haley Courtney M and Bell Scott A
Bought by
Hall Philip

Purchase Details

Closed on
Sep 2, 2009
Sold by
Estes Kevin A and Estes Cynthia L
Bought by
Haley Courtney M and Bell Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
5.21%
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $468,350 Purchase Money Mortgage
Closed $468,350 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $272,740 New Conventional
Previous Owner $179,415 FHA
Previous Owner $183,612 FHA
Previous Owner $35,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $493,000 -1.4% $331 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $499,900 +42.8% $336 / Sq Ft
03/31/2021 03/31/21 Sold $350,000 +12.2% $306 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $312,000 +16.9% $273 / Sq Ft
07/20/2017 07/20/17 Sold $267,000 -1.1% $233 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $269,900 -- $236 / 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 $5,254 $357,400 $75,200 $282,200
2023 $4,914 $357,400 $75,200 $282,200
2022 $4,593 $357,400 $75,200 $282,200
2021 $3,634 $187,300 $63,800 $123,500
2020 $3,559 $187,300 $63,800 $123,500
2019 $3,549 $187,300 $63,800 $123,500
2018 $3,409 $187,300 $63,800 $123,500
2017 $3,203 $187,300 $63,800 $123,500
2016 $3,184 $187,300 $63,800 $123,500
2015 $3,053 $187,300 $63,800 $123,500
2014 $2,627 $151,000 $57,700 $93,300
2013 $2,612 $151,000 $57,700 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1304904

Maine Listings

APN: GRHM-000074-000012-000001