NOT LISTED FOR SALE

241 Gray Rd Gorham, ME 04038

Estimated Value: $551,000 - $603,000

3 Beds
2 Baths
1,946 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $530,000 $272 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,460/month

About This Home

Don't miss this classic three bedroom Cape Cod sitting on an open 1.99 acre lot within five minutes of Gorham Village! The first floor offers hardwood floors throughout, a spacious mudroom, open concept kitchen with a pantry, dining room, and a front to back living room with a cozy wood stove to take the edge off those cold winter nights. Upstairs you will find three bedrooms and a full bathroom. The two car attached garage, plus a heated detached two car garage provide plenty of storage for your adult toys or a great workspace for the contractor needing an at home shop. Want to enjoy a night out? You will love living within five minutes of MK Kitchen, Junction Bowl, Sebago Brewing Company, and Sidecar Pub. Being located on the ''right side'' of Gorham allows for a quick commute to PWM, The Maine Mall, or Portland's Old Port and waterfront. A little cosmetic updating and some sweat equity will go a long way towards restoring this house to its full potential! Showings begin on Friday, 4/7 at 9am with all offers due on Monday, 4/10 at Noon.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 5, 2023
Sold by
Allen Benjamin B and Allen Kristine V
Bought by
Shiver Chrissa and Baiocchi Joseph
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
Derrick Buckspan
RE/MAX Shoreline
List Price
$469,000
Sold Price
$530,000
Premium/Discount to List
$61,000
13.01%
Current Estimated Value
$572,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,052
Avg. Annual Appreciation
2.84%
Original Mortgage
$450,500
Outstanding Balance
$438,042
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,010

Purchase Details

Closed on
Jul 3, 2008
Sold by
Samuelson Dorothy
Bought by
Allen Benjamin B and Allen Kristine V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Shiver Chrissa $530,000 None Available
Allen Benjamin B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiver Chrissa $450,500
Previous Owner Allen Benjamin B $225,189
Previous Owner Allen Benjamin B $27,200
Previous Owner Allen Benjamin B $202,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $530,000 +13.0% $272 / Sq Ft View Prior Sale
04/10/2023 04/10/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $469,000 -- $241 / Sq Ft

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 $5,883 $400,200 $79,700 $320,500
2023 $5,503 $400,200 $79,700 $320,500
2022 $5,143 $400,200 $79,700 $320,500
2021 $4,598 $237,000 $67,800 $169,200
2020 $4,503 $237,000 $67,800 $169,200
2019 $4,491 $237,000 $67,800 $169,200
2018 $4,313 $237,000 $67,800 $169,200
2017 $4,053 $237,000 $67,800 $169,200
2016 $4,029 $237,000 $67,800 $169,200
2015 $3,863 $237,000 $67,800 $169,200
2014 $3,779 $217,200 $61,900 $155,300
2013 $3,758 $217,200 $61,900 $155,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Willis

    Willis Real Estate

    (207) 839-3390

    59 in this area

    147 Total Sales

    David Willis
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Paul Willis

    Willis Real Estate

    (207) 839-3390

    35 in this area

    86 Total Sales

    Paul Willis
    Section Image
  • Derrick Buckspan

    Buyer's Agent in 2023

    Derrick Buckspan

    RE/MAX

    (207) 939-0207

    5 in this area

    190 Total Sales

    Derrick Buckspan
    Section Image
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Map

Maine Cumberland County Gorham 04038

241 Gray Rd, Gorham, ME

Not Listed for Sale

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