NOT LISTED FOR SALE

24 Fae Ln Unit 5 Gorham, ME 04038

Estimated Value: $558,000 - $650,000

3 Beds
2.5 Baths
1,850 Sq Ft
$250/mo HOA Fee

Last Sold June 01, 2021

Last sale price $440,185 $238 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,951/month

188 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Hot Water Heating System
  • Village Elementary School Rated A-
  • Main Floor Bedroom
  • 2 Car Garage

About This Home

As of June 2021

The last cape left in this neighborhood! Welcome to Grady Farms! Gorham's newest and most exciting free standing condo association. Enjoy the benefits of a condo association while maintaining the privacy of a free standing home. Located right in the heart of Gorham an opportunity like this does not arise often. Lock up your brand new home now and enjoy the convenience of walking to everything the center of Gorham has to offer. Use 136 South street for GPS

Last Agent to Sell the Property

Josh Plowman

Plowman Realty Group Listed on: 01/11/2021

Last Buyer's Agent

Cristina Eugen

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 2021

Lot Details

  • 10,454

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 1,850 Sq Ft Home
  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • Grady Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 78
  • Assessor Parcel Number 15faelanegorham04038

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,575

Year Built

Built in 2021

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Grady Farms
  • Directions: Use 136 South street for GPS
  • Above Grade Finished Sq Ft: 1850.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1850.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 15faelanegorham04038
  • Zoning: UR

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: 78
  • Tax Book Number: 34820
  • Tax Lot: 13
  • Tax Map Number: 103
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Jun 1, 2021
Sold by
Plowman Dev Grp Llc
Bought by
Duggan Elizabeth and Feeney Michael P
Seller's Agent
Josh Plowman
Plowman Realty Group
Buyer's Agent
Cristina Eugen
Keller Williams Realty
List Price
$400,000
Sold Price
$440,185
Premium/Discount to List
$40,185
10.05%
Current Estimated Value
$594,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,579
Avg. Annual Appreciation
7.20%
Original Mortgage
$100,000
Outstanding Balance
$90,678
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$504,086
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
Duggan Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duggan Elizabeth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $440,185 +10.0% $238 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
08/19/2020 08/19/20 For Sale $400,000 -- $216 / 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 $6,575 $447,300 $31,900 $415,400
2023 $6,150 $447,300 $31,900 $415,400
2022 $5,748 $447,300 $31,900 $415,400
2021 $3,315 $170,900 $66,100 $104,800
2020 $1,256 $66,100 $66,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Plowman

    Seller's Agent in 2021

    Josh Plowman

    Plowman Realty Group

    (207) 776-2130

    52 in this area

    256 Total Sales

    Josh Plowman
    Section Image

  • C

    Buyer's Agent in 2021

    Cristina Eugen

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1465126

Maine Listings

APN: GRHM M:103 B:078 L:005

Maine Cumberland County Gorham 04038

24 Fae Ln Unit 5, Gorham, ME

This home is located at 24 Fae Ln Unit 5, Gorham, ME 04038 since 11 January 2021 and is currently estimated at $594,764, approximately $321 per square foot. This property was built in 2021. 24 Fae Ln Unit 5 is a home located in Cumberland County with nearby schools including Village Elementary School, Gorham Middle School, and Gorham High School.

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