A
Seller's Agent in 2024
Alonzo Michaud
Real Broker
(207) 272-3954
1 in this area
83 Total Sales
27 Primrose Ln Gorham, ME 04038
Estimated Value: $442,000 - $516,000
4
Beds
2
Baths
1,283
Sq Ft
$366/Sq Ft
Est. Value
Highlights
- Nearby Water Access
- Scenic Views
- Wood Flooring
- Narragansett Elementary School Rated A-
- Ranch Style House
- Butcher Block Countertops
About This Home
As of July 2024MOTIVATED SELLER! Welcome home! Located in the heart of downtown Gorham, this 4 bed, 2 bath ranch has had many updates in recent years with meticulous maintenance, now awaiting its new owners! Outside, you will find a generous amount of space in the front and back yard, as well as a large gravel pad for additional parking or toys. Walking into the side door, you are welcomed into a newly remodeled dining room and kitchen area, along with an open concept living room to keep cluster to a minimum. 3 bedrooms and 1 full bathroom are just some of the charming features of what level one of this home has to offer. The seller renovated the upstairs in recent years, and has been living downstairs since it has been complete; you are guaranteed a blank canvas to begin designing to your heart's content! The seller made a complete living area in the basement with a full master bedroom and bathroom, as well as a kitchen and manual sink rig, additional office or storage room space is also available . The cooking stove and dishwasher are hooked up and in use, meanwhile a few pipes for the kitchen sink would make this a full in-law apartment for guest use or investment opportunities! New windows, floors and paint over the last 3 years with many other updates. This one of a kind multi-use ranch set up is hard to find, come take a look before it's gone!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,945
Year Built
- Built in 1991
Lot Details
- 0.44 Acre Lot
- Landscaped
- Sloped Lot
Property Views
- Scenic Vista
- Woods
Home Design
- Ranch Style House
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- Ceiling Fan
- Double Pane Windows
- Living Room
- Wood Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Butcher Block Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Nearby Water Access
- Shed
- Porch
Location
- City Lot
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Internet Available
Community Details
- No Home Owners Association
- Community Storage Space
Listing and Financial Details
- Tax Lot 75
- Assessor Parcel Number 27PrimroseLaneGorham04038
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2024
Closed on
Jul 5, 2024
Sold by
Price Lawis D and Price Diane L
Bought by
Berberet Drake
Seller's Agent
Alonzo Michaud
Real Broker
Buyer's Agent
Malachi Winslow
Keller Williams Realty
List Price
$509,900
Sold Price
$435,500
Premium/Discount to List
-$74,400
-14.59%
Views
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,690
Avg. Annual Appreciation
6.38%
Original Mortgage
$391,950
Outstanding Balance
$387,223
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,967
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 |
|---|---|---|---|
| Berberet Drake | $435,500 | None Available | |
| Berberet Drake | $435,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berberet Drake | $391,950 | |
| Closed | Berberet Drake | $391,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/05/2024 07/05/24 | Sold | $435,500 | +0.6% | $339 / Sq Ft |
| 05/26/2024 05/26/24 | Pending | -- | -- | -- |
| 05/04/2024 05/04/24 | Price Changed | $432,900 | -7.9% | $337 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $469,900 | -7.8% | $366 / Sq Ft |
| 04/20/2024 04/20/24 | For Sale | $509,900 | -- | $397 / 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 | $5,276 | $358,900 | $136,500 | $222,400 |
| 2023 | $4,935 | $358,900 | $136,500 | $222,400 |
| 2022 | $4,612 | $358,900 | $136,500 | $222,400 |
| 2021 | $3,705 | $191,000 | $92,600 | $98,400 |
| 2020 | $3,629 | $191,000 | $92,600 | $98,400 |
| 2019 | $3,619 | $191,000 | $92,600 | $98,400 |
| 2018 | $3,476 | $191,000 | $92,600 | $98,400 |
| 2017 | $3,266 | $191,000 | $92,600 | $98,400 |
| 2016 | $3,247 | $191,000 | $92,600 | $98,400 |
| 2015 | $3,113 | $191,000 | $92,600 | $98,400 |
| 2014 | $2,753 | $158,200 | $65,100 | $93,100 |
| 2013 | $2,737 | $158,200 | $65,100 | $93,100 |
Source: Public Records
Agents Affiliated with this Home
-
Alonzo Michaud
-
Malachi Winslow
M
Buyer's Agent in 2024
Malachi Winslow
Keller Williams Realty
(207) 740-8577
3 in this area
117 Total Sales
Map
Source: Maine Listings
MLS Number: 1586722
APN: GRHM-000109-000075
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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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