NOT LISTED FOR SALE

262 Mayall Rd Gray, ME 04039

-- Bed
8 Baths
4,852 Sq Ft
0.96 Acre Lot

Sale Details

Date 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

  • 41,818 Sq Ft Lot
  • Rural Setting
  • Fenced
  • Landscaped

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 4,852 Sq Ft Home
  • Storage
  • Washer and Dryer Hookup

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

  • 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

0.96 Acres

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
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1480195

Maine Listings
Your Personal Tour Guide

Ask me questions while you tour the home.