NOT LISTED FOR SALE

18 Summit Rd Gray, ME 04039

Estimated Value: $512,000 - $545,000

3 Beds
2 Baths
1,952 Sq Ft
$271/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2023

Last sale price $455,000 $233 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,213 / mo

About This Home

Nestled on a pretty 2-acre lot in a quiet neighborhood, this well-cared for home is an easy commute to points north and south via Maine Turnpike. Spacious mudroom enters into eat-in kitchen that has new counter tops, sink and stainless steel appliances. Front dining area for family meals and great entertaining. Half bath (can easily be made into full by moving W & D) and laundry on first floor. Front-to-back living room with brick hearth and wood stove warms the whole house, saving fuel from the forced hot water furnace. French doors open into a new sunroom (add a heater to make this a 4 season room) to relax and watch the nature in your private wooded backyard. Gleaming wood floors throughout the first floor, stairs, and large, primary bedroom on the second floor. Two other good-sized bedrooms with newer laminate floors, and updated full bath complete the upstairs. Whole house has been freshly painted inside. Attached two-car garage with storage above, and behind mudroom. Nice garden shed for tools or raising chickens. Great, solid home in a location handy to shopping, lakes, Gray Village and easy commute to city of Portland.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 26, 2023
Sold by
Meader Rebecca R
Bought by
Horton Rebecca K and Lindsey Jesse M
Seller's Agent
Mary Ann Saxby
Keller Williams Realty
Buyer's Agent
Christopher Davis
Real Broker
List Price
$495,000
Sold Price
$455,000
Premium/Discount to List
-$40,000
-8.08%
Current Estimated Value
$529,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,301
Avg. Annual Appreciation
5.74%
Original Mortgage
$359,560
Outstanding Balance
$347,776
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$181,525

Purchase Details

Closed on
Aug 5, 2005
Sold by
Stamaris John F and Stamaris Rebecca L
Bought by
Meader Rebecca R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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 Buyer Sale Price Title Company
Horton Rebecca K $455,000 None Available
Meader Rebecca R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horton Rebecca K $359,560
Previous Owner Meader Rebecca R $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Sold $455,000 -8.1% $233 / Sq Ft View Prior Sale
06/01/2023 06/01/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $495,000 -- $254 / Sq Ft

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
2025 $4,355 $449,900 $126,000 $323,900
2024 $4,364 $449,900 $126,000 $323,900
2023 $4,472 $294,600 $70,500 $224,100
2022 $4,110 $294,600 $70,500 $224,100
2021 $3,879 $265,500 $70,500 $195,000
2020 $3,916 $265,500 $70,500 $195,000
2019 $3,916 $265,500 $70,500 $195,000
2018 $3,717 $265,500 $70,500 $195,000
2017 $3,168 $175,500 $47,000 $128,500
2016 $3,186 $174,100 $47,000 $127,100
2015 $3,169 $174,100 $47,000 $127,100
2014 $3,169 $174,100 $47,000 $127,100
2012 $2,736 $172,599 $47,000 $125,599
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Ann Saxby

    Keller Williams Realty

    (207) 929-4022

    1 in this area

    26 Total Sales

    Mary Ann Saxby
    Section Image
  • Christopher Davis

    Buyer's Agent in 2023

    Christopher Davis

    Real Broker

    (207) 756-2442

    1 in this area

    148 Total Sales

    Christopher Davis
    Section Image
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Map

Maine Cumberland County Gray 04039

18 Summit Rd, Gray, ME

Not Listed for Sale

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