NOT LISTED FOR SALE

Estimated Value: $255,442

9 Beds
2 Baths
2,253 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $141,313 $63 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,831/month

4 Days on Market

Highlights

  • Post and Beam
  • No HOA
  • Forced Air Heating System
  • Village Elementary School Rated A-
  • Shed
  • Baseboard Heating

About This Home

As of March 2016

Great investor opportunity! Home located in-town Gorham close to campus. Currently zoned as a single family, but could easily be approved for 2-unit, and potentially a 3 unit. 2 driveways provide parking for 10+ vehicles off-street. New $30,000 commercial-grade sprinkler system installed in 2012. Property being sold "as is".

Last Listed By

Geoffrey Grigsby

The Atlantic Real Estate Network Listed on: 02/27/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Sprinkler System

Home Design

  • 2,253 Sq Ft Home
  • Post and Beam
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Oil Water Heater

Additional Features

  • Electric Range
  • Shed
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number GRHM-000102-000171

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rte 114 to Preble St
  • Above Grade Finished Sq Ft: 2253.0
  • Architectural Style: Farmhouse
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2253.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Basement:Crawl Space: Yes
  • Driveway:Gravel: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Construction:Post Beam: Yes
  • Exterior:Aluminum Siding: Yes
  • Misc Amenities Sprinkler: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Range
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Aluminum Siding, Post & Beam, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, Paved, On Site, Off Street

Utilities

  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, 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: 14810.4
  • Parcel #: GRHM-000102-000171
  • Zoning: R

Tax Info

  • Tax Annual Amount: 3576.0
  • Tax Book Number: 4381
  • Tax Lot: 00
  • Tax Map Number: 00
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2016
Closed on
Mar 18, 2016
Sold by
Gorham State Delta Chi
Bought by
Knowlton John B and Roy Margaret S
Seller's Agent
Geoffrey Grigsby
The Atlantic Real Estate Network
Buyer's Agent
Craig Miller
Portside Real Estate Group
List Price
$139,900
Sold Price
$141,313
Premium/Discount to List
$1,413
1.01%
Total Days on Market
4
Current Estimated Value
$255,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,129
Avg. Annual Appreciation
6.72%
Original Mortgage
$180,000
Outstanding Balance
$127,906
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$128,645

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
Knowlton John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knowlton John B $180,000
Previous Owner Gorham State Delta Chi Bl $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $141,313 +1.0% $63 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $139,900 -- $62 / 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
2023 $4,980 $362,200 $110,000 $252,200
2022 $4,654 $362,200 $110,000 $252,200
2021 $4,256 $219,400 $82,600 $136,800
2020 $4,169 $219,400 $82,600 $136,800
2019 $4,158 $219,400 $82,600 $136,800
2018 $3,993 $219,400 $82,600 $136,800
2017 $3,752 $219,400 $82,600 $136,800
2016 $3,730 $219,400 $82,600 $136,800
2015 $3,576 $219,400 $82,600 $136,800
2014 $3,583 $205,900 $75,800 $130,100
2013 $3,562 $205,900 $75,800 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1252047

Maine Listings

APN: GRHM-000102-000171