NOT LISTED FOR SALE

162 Ossipee Trail Gorham, ME 04038

Estimated Value: $344,000 - $393,000

3 Beds
1.5 Baths
1,273 Sq Ft
$294/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $152,000 $119 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,227/month

42 Days on Market

Highlights

  • 2.5 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • Village Elementary School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of March 2018

Estate Sale. Perfect starter home! Are you tired of paying rent? This 3 bedroom, 1.5 bathroom home is affordable & economical with low property taxes. Sprawling 2.5+/-lot features mature flower & vegetable gardens, storage sheds & plenty of room for expansion or a garage. You can relax on the farmer's porch or entertain on the rear deck. 1st floor laundry. Convenient location just 2miles to Gorham Village. Don’t wait come make this gem your own!

Last Agent to Sell the Property

Peter Mason

PO-GO REALTY Listed on: 11/30/2017

Last Buyer's Agent

Keith Nicely

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1940

Lot Details

  • 2.5 Acre Lot
  • Rural Setting
  • Landscaped
  • Wooded Lot
  • Property is zoned Rural

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,273 Sq Ft Home
  • Multi-Level Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

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

Parking

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

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number GRHM-000060-000011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gorham Village follow RT25 West 1mile to roundabout stay on Rt25/Ossipee Trail follow 1.1miles to home on left.
  • Above Grade Finished Sq Ft: 1273.0
  • Architectural Style: Cape, Multi-Level
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 119.4
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.5
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1273.0
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Perfect starter home! Are you tired of paying rent? This 3 bedroom, 1.5 bathroom home is affordable & economical with low property taxes. Sprawling 2.5+/-lot features mature flower & vegetable gardens, storage sheds & plenty of room for expansion or a garage. You can relax on the farmer's porch or entertain on the rear deck. 1st floor laundry. Convenient location just 2miles to Gorham Village. Don't wait, come make this gem your own! Peter Mason 207-632-8822 or peter@pogorealty.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range
  • Has Basement: Full, Partial, Interior Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • 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: Landscaped, Wooded, Rural
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • 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: 108900.0
  • Parcel #: GRHM-000060-000011
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 2194.0
  • Tax Lot: 11
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 15, 2018
Sold by
Kennie Joyce T Est
Bought by
Fraser Jeffrey M
Seller's Agent
Peter Mason
PO-GO REALTY
Buyer's Agent
Keith Nicely
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$169,500
Sold Price
$152,000
Premium/Discount to List
-$17,500
-10.32%
Current Estimated Value
$374,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,317
Avg. Annual Appreciation
12.13%
Original Mortgage
$149,500
Outstanding Balance
$127,620
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$246,697
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 Buyer Sale Price Title Company
Fraser Jeffrey M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Jeffrey M $149,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $152,000 -10.3% $119 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $169,500 -- $133 / 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 $3,468 $235,900 $83,600 $152,300
2023 $3,244 $235,900 $83,600 $152,300
2022 $3,031 $235,900 $83,600 $152,300
2021 $2,489 $128,300 $70,200 $58,100
2020 $2,438 $128,300 $70,200 $58,100
2019 $2,431 $128,300 $70,200 $58,100
2018 $2,335 $128,300 $70,200 $58,100
2017 $2,194 $128,300 $70,200 $58,100
2016 $2,181 $128,300 $70,200 $58,100
2015 $2,091 $128,300 $70,200 $58,100
2014 $1,877 $107,900 $64,500 $43,400
2013 $1,867 $107,900 $64,500 $43,400
Source: Public Records

Agents Affiliated with this Home

  • Peter Mason

    Seller's Agent in 2018

    Peter Mason

    PO-GO REALTY

    (207) 632-8822

    115 in this area

    323 Total Sales

    Peter Mason
    Section Image

  • K

    Buyer's Agent in 2018

    Keith Nicely

    Better Homes & Gardens Real Estate/The Masiello Group

    Section Image
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Map

Source: Maine Listings

MLS Number: 1333634

Maine Listings

APN: GRHM-000060-000011

Maine Cumberland County Gorham 04038

162 Ossipee Trail, Gorham, ME

Not Listed for Sale

Detached

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