NOT LISTED FOR SALE

262 Mayall Rd Gray, ME 04039

-- Bed
8 Baths
4,852 Sq Ft
0.96 Acres

Last Sold May 21, 2021

Last sale price $850,000 $175 Per Sq Ft

78 Days on Market

Highlights

  • Barn
  • Deck
  • Farmhouse Style Home
  • ENERGY STAR Certified Homes
  • Wood Flooring
  • No HOA

About This Home

As of May 2021

Farmhouse style 4-unit in immaculate condition! Old-world charm & character meets modern conveniences & amenities. Owned & diligently maintained with integrity, this is a special property & opportunity that doesn't arise very often. Built in 2007 w/ fine craftsmanship, each unit features 2 bedrooms, 1.5 baths & separate basement accesses with washer/dryer hook-ups & separate utilities. Step off the granite steps onto one of the wrap-around, covered porches to enter the units, each w/ it's own, private entrance. Inside you will find hardwood, tile & carpet flooring, open layouts, interior transoms & built-in window seats that enhance the spectacular living spaces. Horseshoe driveway w/ parking area provides ease of access & plentiful parking. The exterior is vinyl & the roof is metal so the maintenance is easy. Energy Star Certification Reports available proving the integrity & efficiency of the systems. The restored, large, 3-story barn offers so many opportunities such as car/boat storage or workshop. Perched atop the barn, you will find a cupola, adding to the architectural appeal of this amazing property. Getting away from the hustle & bustle of the city life just got easier. Enjoy the rural lifestyle in this traditional New England community but remain just a short drive from Portland & Lewiston/Auburn. This rare, multi-unit property is situated near the heart of Pineland Farms, one of the area's most coveted outdoor destinations. Enjoy the great, Maine outdoors year-round w/ the numerous hiking & snow shoeing trails, go sledding or skating, visit the gardens or animals, or pick up farm fresh foods from the market; all just a few minutes away. So many opportunities present themselves here. Live in a beautiful farmhouse & collect rent from the other units or use strictly as an investment property w/ easy care & maintenance. There is also potential for condo conversion w/ plans completed. Quintessential rural Maine finely blended with an income producing property.

Last Agent to Sell the Property

Amy Tarbox

Bean Group Listed on: 01/20/2021

Last Buyer's Agent

Derek Goff Joseph Tomazin

Signature Homes Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,318

Year Built

  • Built in 2007

Lot Details

  • 0.96 Acre Lot
  • Rural Setting
  • Fenced
  • Landscaped

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 4,852 Sq Ft Home
  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Radon Mitigation System

Flooring

  • Wood
  • Carpet
  • Tile

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Additional Features

  • Washer and Dryer Hookup
  • ENERGY STAR Certified Homes
  • Barn

Listing and Financial Details

  • Tax Lot 26-29
  • Assessor Parcel Number GRAY-000021-000026-000029

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $22,985
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,318

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.96
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Lewiston Road in Gray (Route 202) to Mayall Road, property on left.
  • Above Grade Finished Sq Ft: 4852.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 2007
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 180.34
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.96
  • Property Information:Total Baths: 8.0
  • Property Information:SqFt Finished Above Grade: 4852.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Property Information:Number of Units: 4
  • Income Expenses Gross Income: 60000.0
  • Income Expenses Operating Expenses: 22985.22
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Equipment:Water Radon Mitigation System: Yes
  • Green Certification:Energy Star Certified: Yes
  • Other Structures Barn2: Yes
  • Advertising Remarks:Advertising Remarks: Farmhouse style 4-unit in immaculate condition! Old-world charm & character meets modern conveniences & amenities. Owned & diligently maintained with integrity, this is a special property & opportunity that doesn't arise very often. Built in 2007 w/ fine craftsmanship, each unit features 2 bedrooms, 1.5 baths & separate basement accesses with washer/dryer hook-ups & separate utilities. Step off the granite steps onto one of the wrap-around, covered porches to enter the units, each w/ it's own, private entrance. Inside you will find hardwood, tile & carpet flooring, open layouts, interior transoms & built-in window seats that enhance the spectacular living spaces. Horseshoe driveway w/ parking area provides ease of access & plentiful parking. The exterior is vinyl & the roof is metal so the maintenance is easy. Energy Star Certification Reports available proving the integrity & efficiency of the systems. The restored, large, 3-story barn offers so many opportunities such as car/boat storage or workshop. Perched atop the barn, you will find a cupola, adding to the architectural appeal of this amazing property. Getting away from the hustle & bustle of the city life just got easier. Enjoy the rural lifestyle in this traditional New England community but remain just a short drive from Portland & Lewiston/Auburn. This rare, multi-unit property is situated near the heart of Pineland Farms, one of the area's most coveted outdoor destinations. Enjoy the great, Maine outdoors year-round w/ the numerous hiking & snow shoeing trails, go sledding or skating, visit the gardens or animals, or pick up farm fresh foods from the market; all just a few minutes away. So many opportunities present themselves here. Live in a beautiful farmhouse & collect rent from the other units or use strictly as an investment property w/ easy care & maintenance. There is also potential for condo conversion w/ plans completed. Quintessential rural Maine finely blended with an income producing property
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscaped, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Barn
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 11 - 20 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41817.6
  • Parcel #: GRAY-000021-000026-000029
  • Zoning: RRA

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000.0
  • Annual Operating Expense: 22985.22

Tax Info

  • Tax Annual Amount: 8318.0
  • Tax Lot: 26-29
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $850,000 -2.9% $175 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $875,000 -- $180 / Sq Ft
Source: Maine Listings

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 $10,028 $1,035,900 $117,600 $918,300
2024 $10,048 $1,035,900 $117,600 $918,300
2023 $9,154 $603,000 $54,100 $548,900
2022 $8,412 $603,000 $54,100 $548,900
2021 $8,239 $563,900 $54,100 $509,800
2020 $8,318 $563,900 $54,100 $509,800
2019 $8,318 $563,900 $54,100 $509,800
2018 $7,895 $563,900 $54,100 $509,800
2017 $8,721 $459,000 $48,000 $411,000
2016 $8,400 $459,000 $48,000 $411,000
2015 $8,354 $459,000 $48,000 $411,000
2014 $8,354 $459,000 $48,000 $411,000
2012 $7,244 $457,050 $48,000 $409,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480195

Maine Listings