NOT LISTED FOR SALE

224 Morse Rd New Gloucester, ME 04260

Estimated Value: $433,278 - $630,000

3 Beds
2 Baths
1,638 Sq Ft
$325/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $265,000 $162 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,130/month

7 Days on Market

Highlights

  • Cape Cod Architecture
  • Wooded Lot
  • No HOA
  • Deck
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of November 2018

Solid 3 bedroom Cape in New Gloucester! This desirable home is set back off the road for maximum privacy and sits on 2 woodsy acres. 3 bedrooms and 2 baths, large kitchen and a basement that is partially finished for expansion room if needed. It's just what you are looking for and won't last long! The 28 x 36 out building can be used for storage and utility shed. Just minutes from Pineland Farms and the Turnpike - it's a great location! Opportunity is knocking!

Last Agent to Sell the Property

Angela Lee

Keller Williams Realty Listed on: 09/14/2018

Last Buyer's Agent

Diane Libby

Portland's Choice Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,617

Year Built

  • Built in 1992

Lot Details

  • 2.11 Acre Lot
  • Rural Setting
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned Residential C

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,638 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

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

Listing and Financial Details

  • Tax Lot 0014-D
  • Assessor Parcel Number NEWG-000004-000000-000014-D000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,617

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.11
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Route 100/202 (Lewiston Rd) in New Gloucester, take a right onto Morse Rd. Property will be on your left.
  • Above Grade Finished Sq Ft: 1638.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 161.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.11
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1638.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Gas:No Gas: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Heat System:Radiator: Yes
  • Living Room Amenities:Heat Stove5: Yes
  • Heat Fuel:Pellets: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Solid 3 bedroom Cape in New Gloucester! This desirable home is set back off the road for maximum privacy and sits on 2 woodsy acres. 3 bedrooms and 2 baths, large kitchen and a basement that is partially finished for expansion room if needed. It's just what you are looking for and won't last long! The 28 x 36 out building can be used for storage and utility shed. Just minutes from Pineland Farms and the Turnpike - it's a great location! Opportunity is knocking!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Finished, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Wooded, Near Turnpike/Interstate, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Gravel, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 91911.6
  • Parcel #: NEWG-000004-000000-000014-D000000
  • Zoning: Residential C

Tax Info

  • Tax Annual Amount: 2617.0
  • Tax Lot: 0014-D
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 7, 2018
Sold by
Kenny Richard W and Kenny Deborah A
Bought by
Gaidis Nicole M and Cox Zachary
Seller's Agent
Angela Lee
Keller Williams Realty
Buyer's Agent
Diane Libby
Portland's Choice Realty, LLC
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$532,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,820
Avg. Annual Appreciation
10.41%
Original Mortgage
$270,697
Outstanding Balance
$236,588
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$296,232
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaidis Nicole M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaidis Nicole M $270,697
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $265,000 +1.9% $162 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $260,000 -- $159 / 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
2025 $3,896 $251,841 $84,363 $167,478
2024 $3,750 $251,841 $84,363 $167,478
2023 $3,599 $251,841 $84,363 $167,478
2022 $3,475 $251,841 $84,363 $167,478
2021 $3,475 $251,841 $84,363 $167,478
2020 $3,438 $251,841 $84,363 $167,478
2019 $3,174 $187,800 $66,100 $121,700
2018 $2,651 $187,800 $66,100 $121,700
2017 $2,930 $187,800 $66,100 $121,700
2016 $2,761 $187,800 $66,100 $121,700
2015 $2,751 $187,800 $66,100 $121,700
2014 $2,723 $187,800 $66,100 $121,700
2013 $2,526 $187,800 $66,100 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1370055

Maine Listings

APN: NEWG-000004-000000-000014-D000000