NOT LISTED FOR SALE

16 Sandy Terrace Gorham, ME 04038

Gorham Area

Estimated Value: $643,978 - $717,000

4 Beds
2 Baths
2,016 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2020

Last sale price $475,000 $236 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,326 / mo

4 Days on Market

Highlights

  • In Ground Pool
  • Property is near a beach
  • Wood Flooring
  • Narragansett Elementary School Rated A-
  • Colonial Architecture
  • 1 Fireplace

About This Home

As of October 2020

This sunny, well-maintained home offers 4 bedrooms and 2 full bathrooms. Buyers will fall in love with all of the outdoor spaces. A perfect place to comfortably work from home. Seller currently uses one of the bedrooms as a home office. Conveniently located with easy commute to beaches, airport, Maine Mall and local conveniences.

Last Agent to Sell the Property

Karen Thompson

Portside Real Estate Group Listed on: 09/16/2020

Portside Real Estate Group

Last Buyer's Agent

Martin Norton

Keller Williams Realty

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,321

Year Built

  • Built in 2001

Lot Details

  • 1.41 Acre Lot
  • Property fronts a freeway
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Property is zoned Rural

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,016 Sq Ft Home
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • In Ground Pool
  • Property is near a beach
  • Patio
  • Shed

Location

  • Property is near shops

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 2-4
  • Assessor Parcel Number GRHM-000002-000002-000004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,321

Year Built

Built in 2001

Lot Details

1.41 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.41
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Burnham Road to Sandy Terrace. Just before the Scarborough town line.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2001
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 205.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.41
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Pool-In Ground: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Solid Surface: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Other Structures:Shed: Yes
  • Patio and Porch Features:Porch-Screened: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: This sunny, well-maintained home offers 4 bedrooms and 2 full bathrooms. Buyers will fall in love with all of the outdoor spaces. A perfect place to comfortably work from home. Seller currently uses one of the bedrooms as a home office. Conveniently located with easy commute to beaches, airport, Maine Mall and local conveniences.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Neighborhood
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gorham Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 61419.6
  • Parcel #: GRHM-000002-000002-000004
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 5321.0
  • Tax Lot: 2-4
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 23, 2020
Sold by
Hobart Steven S and Hobart Sandra J
Bought by
Seller's Agent
Karen Thompson
Portside Real Estate Group
Buyer's Agent
Martin Norton
Keller Williams Realty
List Price
$415,000
Sold Price
$475,000
Premium/Discount to List
$60,000
14.46%
Current Estimated Value
$680,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,995
Avg. Annual Appreciation
6.35%
Original Mortgage
$451,250
Outstanding Balance
$392,279
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$288,716
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gorham, ME

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $55,000
Open Barnicle Danielle $451,250
Closed Hobart Steven S $165,000
Closed Hobart Sandra J $40,000
Closed Hobart Steven S $176,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $475,000 +14.5% $236 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $415,000 -- $206 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,043 $475,900 $97,700 $378,200
2024 $6,996 $475,900 $97,700 $378,200
2023 $6,544 $475,900 $97,700 $378,200
2022 $6,115 $475,900 $97,700 $378,200
2021 $5,448 $280,800 $81,400 $199,400
2020 $5,940 $280,800 $81,400 $199,400
2019 $5,321 $280,800 $81,400 $199,400
2018 $4,754 $280,800 $81,400 $199,400
2017 $4,802 $280,800 $81,400 $199,400
2016 $4,777 $281,000 $81,600 $199,400
2015 $4,580 $281,000 $81,600 $199,400
2014 $4,632 $266,200 $85,200 $181,000
2013 $4,605 $266,200 $85,200 $181,000
Source: Public Records

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Map

Source: Maine Listings

MLS Number: 1469138

Maine Listings

APN: GRHM-000002-000002-000004

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