NOT LISTED FOR SALE

19 Preble St Gorham, ME 04038

Estimated Value: $512,000 - $534,723

3 Beds
2.5 Baths
4,491 Sq Ft
$117/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $380,000 $85 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,353/month

5 Days on Market

Highlights

  • Country Club
  • View of Trees or Woods
  • Property is near public transit
  • Village Elementary School Rated A-
  • River Nearby
  • Wooded Lot

About This Home

As of June 2021

Ever dream of being the landlord of a sorority house? How about always wanting to live in the heart of Gorham and rent the other half out? This rambling sundrenched home is new to the market. Home to the same tenants for the last 29 years! Great tenants! Walk to everything in town. Huge backyard overlooking a stream, no one can ever build behind you! Garage is currently converted to a rec. space.

Last Agent to Sell the Property

Janice Pompeo

The Maine Real Estate Group Listed on: 05/14/2021

Last Buyer's Agent

Shonn Moulton

Townsend Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,482

Year Built

  • Built in 1900

Lot Details

  • 0.5 Acre Lot
  • Interior Lot
  • Level Lot
  • Open Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,491 Sq Ft Home
  • Multi-Level Property
  • Views of Woods
  • Unfinished Basement
  • Interior Basement Entry
  • Fire Sprinkler System
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Shower Only

Outdoor Features

  • River Nearby
  • Outbuilding
  • Enclosed Glass Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number GRHM-000102-000172

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $23,828
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,482

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: In Village, GPS friendly
  • Above Grade Finished Sq Ft: 4491.0
  • Architectural Style: Multi-Level, New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.5
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 4491.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Location:Near Golf Course: 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
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: 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
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 26400.0
  • Income Expenses Operating Expenses: 23828.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Location:Near Country Club: Yes
  • Style:New Englander: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Other Structures:Out Building: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Shower
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Sidewalks, Wooded, Interior Lot, Intown, Near Golf Course, Near Shopping, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Glass Enclosed
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Inside Entrance

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 21780.0
  • Parcel #: GRHM-000102-000172
  • Zoning: Urban Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Annual Operating Expense: 23828.0

Tax Info

  • Tax Annual Amount: 5482.0
  • Tax Book Number: 34280
  • Tax Lot: 172
  • Tax Map Number: 102
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 30, 2021
Sold by
Gfy Llc
Bought by
Grady Kenneth L and Grady Giuia A
Seller's Agent
Janice Pompeo
The Maine Real Estate Group
Buyer's Agent
Shonn Moulton
Townsend Real Estate
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Current Estimated Value
$523,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,362
Avg. Annual Appreciation
10.36%
Original Mortgage
$200,000
Outstanding Balance
$183,035
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$394,697

Purchase Details

Closed on
Aug 31, 2017
Sold by
Glidden Russell L
Bought by
Gfy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Grady Kenneth L -- None Available
Gfy Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grady Kenneth L $200,000
Previous Owner Gfy Llc $230,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $380,000 -5.0% $85 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $400,000 -- $89 / 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 $6,940 $472,100 $114,700 $357,400
2023 $6,491 $472,100 $114,700 $357,400
2022 $6,066 $472,100 $114,700 $357,400
2021 $5,597 $288,500 $93,400 $195,100
2020 $5,482 $288,500 $93,400 $195,100
2019 $5,467 $288,500 $93,400 $195,100
2018 $5,251 $288,500 $93,400 $195,100
2017 $4,933 $288,500 $93,400 $195,100
2016 $4,905 $288,500 $93,400 $195,100
2015 $4,703 $288,500 $93,400 $195,100
2014 $4,533 $260,500 $85,000 $175,500
2013 $4,507 $260,500 $85,000 $175,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1491750

Maine Listings

APN: GRHM-000102-000172