NOT LISTED FOR SALE

189 Main St Gorham, ME 04038

Estimated Value: $403,453 - $566,000

2 Beds
2 Baths
2,256 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $246,499 $109 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,048/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Narragansett Elementary School Rated A-
  • Attic
  • 2 Car Detached Garage

About This Home

As of April 2019

A rare opportunity to own a two-unit within walking distance of Gorham Village. 189 Main Street offers the potential of being rented out as-is or for someone to breathe new life into the existing historic elements that make this property truly unique. There are so many reasons to fall in love with this building including the multiple exposed brick fireplaces, full basement, two car detached garage, and large sun filled rooms.

Last Agent to Sell the Property

David Willis

Willis Real Estate Listed on: 03/19/2019

Co-Listed By

Paul Willis

Willis Real Estate

Last Buyer's Agent

Keri Walker

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,609

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,256 Sq Ft Home
  • 2-Story Property
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

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

Location

  • Property is near golf course
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number GRHM-000100-000069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,609

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • Co List Office Phone: 207-839-3390
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2256.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 115.25
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2256.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Exterior:Wood Siding: Yes
  • Heat System:Steam: Yes
  • Style:Colonial: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: A rare opportunity to own a two-unit within walking distance of Gorham Village. 189 Main Street offers the potential of being rented out as-is or for someone to breathe new life into the existing historic elements that make this property truly unique. There are so many reasons to fall in love with this building including the multiple exposed brick fireplaces, full basement, two car detached garage, and large sun filled rooms.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Attic
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Intown, Near Golf Course, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: GRHM-000100-000069
  • Zoning: OR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3609.0
  • Tax Lot: 69
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 26, 2019
Sold by
Files Elizabeth E
Bought by
Jordan Robert E and Jordan Gary S
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
Keri Walker
Coldwell Banker Realty
List Price
$260,000
Sold Price
$246,499
Premium/Discount to List
-$13,501
-5.19%
Current Estimated Value
$511,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,864
Avg. Annual Appreciation
11.49%
Original Mortgage
$184,874
Outstanding Balance
$162,542
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$348,821
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jordan Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Robert E $184,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $246,499 -5.2% $109 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $260,000 -- $115 / 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 $4,519 $307,400 $66,900 $240,500
2023 $4,227 $307,400 $66,900 $240,500
2022 $3,950 $307,400 $66,900 $240,500
2021 $3,847 $198,300 $67,800 $130,500
2020 $3,768 $198,300 $67,800 $130,500
2019 $3,758 $198,300 $67,800 $130,500
2018 $3,609 $198,300 $67,800 $130,500
2017 $3,391 $198,300 $67,800 $130,500
2016 $3,373 $198,400 $67,900 $130,500
2015 $3,234 $198,400 $67,900 $130,500
2014 $3,372 $193,800 $77,800 $116,000
2013 $3,353 $193,800 $77,800 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1407211

Maine Listings

APN: GRHM-000100-000069