$396,000
SOLD FEB 14, 2025

16 Hemlock Ln Gray, ME 04039

3 Beds
2 Baths
1,711 Sq Ft
2.14 Acres

Recently Sold

$231 Per Sq Ft

7% Below List Price

62 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Bonus Room
  • Raised Ranch Architecture
  • Main Floor Bedroom
  • No HOA

About This Home

As of February 2025

Privacy meets convenience with this three bedroom home set on a 2 acre wooded lot. Located on a quiet cul-de-sac while being conveniently located just minutes from the turnpike and local shopping this home is ready for its new owners! The walkout basement boasts a finished bonus room as well as a full bathroom. Schedule your showing today!

Last Agent to Sell the Property

Elizabeth Berry

North Point Realty LLC Listed on: 10/30/2024

Last Buyer's Agent

Belinda Desmond

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1983

Lot Details

  • 2.14 Acre Lot
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Living Room
  • Dining Room
  • Bonus Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number GRAY-000042-000013-000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,555

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.14
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly
  • Above Grade Finished Sq Ft: 1066.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.14
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1066.0
  • Property Information:SqFt Finished Below Grade: 645.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Raised Ranch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 645.0
  • Fireplace: No
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Rolling Slope, Landscaped, Wooded, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 93218.4
  • Parcel #: GRAY-000042-000013-000011
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 3555.0
  • Tax Book Number: 32764
  • Tax Lot: 11
  • Tax Map Number: 42
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Feb 14, 2025
Sold by
Wildes Michael C
Bought by
Paleologopoulos Ian M and Paleologopoulos Hannah R
Seller's Agent
Elizabeth Berry
North Point Realty LLC
Buyer's Agent
Belinda Desmond
Keller Williams Realty
List Price
$425,000
Sold Price
$396,000
Premium/Discount to List
-$29,000
-6.82%
Views
106
Current Estimated Value
$409,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,567
Avg. Annual Appreciation
5.98%
Original Mortgage
$388,827
Outstanding Balance
$387,852
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$19,351

Purchase Details

Listed on
Sep 30, 2015
Closed on
Dec 1, 2015
Sold by
Kimpel David A and Kimpel Cynthia A
Bought by
Wildes Michael C
Seller's Agent
Thomas Kennedy
Portside Real Estate Group
Buyer's Agent
Justin Hayward
Maine Realty LLC
List Price
$179,400
Sold Price
$180,000
Premium/Discount to List
$600
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$190,231
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

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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 $396,000 None Available
Warranty Deed $396,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $388,827 FHA
Closed $388,827 FHA
Previous Owner $202,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $188,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $190,231 New Conventional
Previous Owner $60,000 Unknown
Previous Owner $35,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $396,000 -2.2% $231 / Sq Ft
12/31/2024 12/31/24 Pending -- -- --
11/16/2024 11/16/24 Price Changed $405,000 -4.7% $237 / Sq Ft
10/30/2024 10/30/24 For Sale $425,000 +136.1% $248 / Sq Ft
11/30/2015 11/30/15 Sold $180,000 +0.3% $105 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $179,400 -- $105 / 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 $3,314 $341,600 $138,600 $203,000
2023 $3,555 $234,200 $70,500 $163,700
2022 $3,267 $234,200 $70,500 $163,700
2021 $3,115 $213,200 $70,500 $142,700
2020 $3,145 $213,200 $70,500 $142,700
2019 $3,145 $213,200 $70,500 $142,700
2018 $2,985 $213,200 $70,500 $142,700
2017 $2,559 $141,800 $63,000 $78,800
2016 $2,595 $141,800 $63,000 $78,800
2015 $2,581 $141,800 $63,000 $78,800
2014 $2,581 $141,800 $63,000 $78,800
2012 $2,213 $139,611 $63,000 $76,611
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1608169

Maine Listings

APN: GRAY-000042-000013-000011