Seller's Agent in 2019
Tom Landry
Benchmark Real Estate
(207) 775-0248
3 in this area
320 Total Sales
24 School St Gorham, ME 04038
Estimated Value: $876,135 - $1,162,000
8
Beds
6
Baths
5,664
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Nearby Water Access
- Colonial Architecture
- Village Elementary School Rated A-
- Country Club
- Deck
About This Home
As of March 2019Located in the heart of Gorham & just minutes from Westbrook & Portland, this multi-unit offers endless possibilities. This iconic property is just off the corner of RT 114 & RT 25 w/ outstanding traffic counts, visibility & walk-ability to local amenities & The University of Southern Maine. Originally built as a grand single family home in 1812 the main building is currently a 9 bedroom boarding house. There is also a 4 bay garage & separate 2 unit that has been comprehensively updated (2 - 2 bedroom, 1 bath units). Situated on nearly 1/2 acre with well over 5,600 combined finished sqftt & lots of parking this possibility range from rental, restaurant & retail to boutique hotel, B&B, office or even condo conversion... Building has lots of retained details & many updates including: Commercial grade sprinkler system, Roof, Siding, Windows, Boiler, Electrical and lighting, Structural support, Decks, Paint - interior and exterior, Various room updates, Both apartments fully updated, Etc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,469
Year Built
- Built in 1812
Lot Details
- 0.38 Acre Lot
- Level Lot
- Open Lot
Parking
- 4 Car Detached Garage
- Driveway
- Off-Street Parking
Home Design
- Duplex
- Colonial Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 5,664 Sq Ft Home
- 3-Story Property
- Wood Flooring
Bedrooms and Bathrooms
- Main Floor Bedroom
- 6 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Deck
Additional Homes
- Additional Residence on Property
Location
- Property is near golf course
- Suburban Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Radiator
- Heating System Uses Oil
- Hot Water Heating System
- Water Heater
Listing and Financial Details
- Tax Lot 70
- Assessor Parcel Number GRHM-000102-000070
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Community Storage Space
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2021
Sold by
24 School Street Llc
Bought by
Rbk Holdinges Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,493
Outstanding Balance
$373,356
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$645,712
Purchase Details
Listed on
Dec 3, 2018
Closed on
Mar 18, 2019
Sold by
Champion Properties Llc
Bought by
24 School Street Llc
Seller's Agent
Tom Landry
Benchmark Real Estate
Buyer's Agent
Tom Landry
Benchmark Real Estate
List Price
$445,000
Sold Price
$440,000
Premium/Discount to List
-$5,000
-1.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$356,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2016
Sold by
Iota Nu House Corp
Bought by
Champion Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rbk Holdinges Llc | -- | None Available | |
| 24 School Street Llc | -- | -- | |
| Champion Properties Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rbk Holdinges Llc | $416,493 | |
| Previous Owner | 24 School Street Llc | $356,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2019 03/18/19 | Sold | $440,000 | -1.1% | $78 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 12/03/2018 12/03/18 | For Sale | $445,000 | -- | $79 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $9,482 | $645,000 | $100,300 | $544,700 |
| 2023 | $8,869 | $645,000 | $100,300 | $544,700 |
| 2022 | $8,288 | $645,000 | $100,300 | $544,700 |
| 2021 | $7,603 | $391,900 | $76,300 | $315,600 |
| 2020 | $7,188 | $378,300 | $76,300 | $302,000 |
| 2019 | $7,169 | $378,300 | $76,300 | $302,000 |
| 2018 | $6,885 | $378,300 | $76,300 | $302,000 |
| 2017 | $6,469 | $378,300 | $76,300 | $302,000 |
| 2016 | $6,431 | $378,300 | $76,300 | $302,000 |
| 2015 | $6,166 | $378,300 | $76,300 | $302,000 |
| 2014 | $5,862 | $336,900 | $77,800 | $259,100 |
| 2013 | $5,828 | $336,900 | $77,800 | $259,100 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Landry
Map
Source: Maine Listings
MLS Number: 1400105
APN: GRHM-000102-000070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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