NOT LISTED FOR SALE

16 Old Oak Ln Gorham, ME 04038

Estimated Value: $423,000 - $534,000

3 Beds
1 Bath
1,392 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $440,000 $316 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,048/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Narragansett Elementary School Rated A-
  • Main Floor Bedroom
  • Interior Lot

About This Home

As of August 2022

You do not want to miss this one...
So much character, great space, huge flat yard, dead end street and minutes to everything Gorham has to offer...
Whether this is your 1st home or last home it will check almost all of your boxes.
Great price point for an investment rental as well..
Not many homes like this come on the market so book your showing asap.

Last Agent to Sell the Property

Veronica Schneider

Portside Real Estate Group Listed on: 07/20/2022

Co-Listed By

Amanda Tanguay

Signature Homes Real Estate Group, LLC

Last Buyer's Agent

Scott Townsend

Maine Coast Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Street terminates at a dead end
  • Landscaped
  • Interior Lot
  • Level Lot
  • Property is zoned UR

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Exterior Basement Entry

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number GRHM-000100-000097

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,919

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • Co List Office Phone: 207-772-4242
  • MLS Status: Closed
  • Directions: New Portland Road headed toward Gorham Village. Old Oak lane is on the left
  • Above Grade Finished Sq Ft: 1392.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 251.44
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1392.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Foundation Materials:Stone: Yes
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Exterior:Wood Siding: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Basement Entry:Exterior Only: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: You do not want to miss this one... So much character, great space, huge flat yard and minutes to everything Gorham has to offer... Whether this is your 1st home or last home it will check almost all of your boxes. Great price point for an investment rental as well.. Not many homes like this come on the market at this price so book your showing asap.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Interior Lot, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block, Stone
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gorham Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: GRHM-000100-000097
  • Zoning: UR

Tax Info

  • Tax Annual Amount: 3919.0
  • Tax Lot: 97
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 24, 2022
Sold by
Pan Hldg Llc
Bought by
Secordel Pascale R
Seller's Agent
Veronica Schneider
Portside Real Estate Group
Buyer's Agent
Scott Townsend
Maine Coast Properties, Inc.
List Price
$350,000
Sold Price
$440,000
Premium/Discount to List
$90,000
25.71%
Current Estimated Value
$491,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,950
Avg. Annual Appreciation
3.35%
Original Mortgage
$240,000
Outstanding Balance
$228,516
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$263,434

Purchase Details

Closed on
Mar 29, 2018
Sold by
Smith Nancy A and Smith Peter M
Bought by
Pan Holdings Llc

Purchase Details

Closed on
Nov 8, 2017
Sold by
Woodcock Harvey E
Bought by
Encore Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,935
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Secordel Pascale R $440,000 None Available
Pan Holdings Llc -- --
Smith Nancy A -- --
Encore Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Secordel Pascale R $240,000
Previous Owner Encore Properties Llc $140,935
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $440,000 +25.7% $316 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $350,000 -- $251 / 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 $5,717 $388,900 $151,800 $237,100
2023 $5,347 $388,900 $151,800 $237,100
2022 $4,887 $380,300 $151,800 $228,500
2021 $3,919 $202,000 $93,400 $108,600
2020 $3,838 $202,000 $93,400 $108,600
2019 $3,828 $202,000 $93,400 $108,600
2018 $3,496 $192,100 $93,400 $98,700
2017 $2,678 $156,600 $93,400 $63,200
2016 $2,662 $156,600 $93,400 $63,200
2015 $2,553 $156,600 $93,400 $63,200
2014 $2,577 $148,100 $85,000 $63,100
2013 $2,562 $148,100 $85,000 $63,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1537053

Maine Listings

APN: GRHM-000100-000097