NOT LISTED FOR SALE

29 Rivers Edge Rd Gray, ME 04039

Gray Area

Estimated Value: $526,000 - $637,102

-- Bed
4 Baths
2,240 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2023

Last sale price $535,000 $239 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,656 / mo

4 Days on Market

Highlights

  • View of Trees or Woods
  • Baseboard Heating
  • Carpet
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Home

As of July 2023

29 Rivers Edge Dr is a low maintenance income producing duplex in close proximity to Portland, Windham and Falmouth. Built in 2011 the property features two identical units with large kitchens, living space and 3 bedrooms each. Each unit has a daylight, walkout basement offering room for expansion! A quiet spot on a wooded lot make this an attractive home for owner occupants or investors!

Last Agent to Sell the Property

Andrew Roy

Waypoint Brokers Collective Brokerage Email: andrew@waypointbrokers.com Listed on: 06/02/2023

Last Buyer's Agent

Laura Davis

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 2011

Lot Details

  • 1.95 Acre Lot
  • Property fronts a private road
  • Property fronts a freeway
  • Dirt Road
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Parking

  • Driveway
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number GRAY-000062-000022-000005-000011

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,600
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,468

Year Built

Built in 2011

Lot Details

1.95 Acres

HOA Fees

$42 per month

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.95
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2240.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 2011
  • Attribution Contact: andrew@waypointbrokers.com
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 234.38
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.95
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2240.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Location Information:Association Fee: 500.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 37800.0
  • Income Expenses Operating Expenses: 3600.0
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: 29 Rivers Edge Dr is a low maintenance income producing duplex in close proximity to Portland, Windham and Falmouth. Built in 2011 the property features two identical units with large kitchens, living space and 3 bedrooms each. Each unit has a daylight, walkout basement offering room for expansion! A quiet spot on a wooded lot make this an attractive home for owner occupants or investors!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Daylight
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Stories: 2

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Near Turnpike/Interstate, Rural
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84942.0
  • Parcel #: GRAY-000062-000022-000005-000011
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 37800.0
  • Annual Operating Expense: 3600.0

Tax Info

  • Tax Annual Amount: 3468.0
  • Tax Lot: 29
  • Tax Year: 2022

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 5, 2023
Sold by
Bought by
Seller's Agent
Andrew Roy
Waypoint Brokers Collective
Buyer's Agent
Laura Davis
Bean Group
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$586,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,276
Avg. Annual Appreciation
3.03%
Original Mortgage
$510,581
Interest Rate
0.0657%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase 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 Buyer Sale Price Title Company
$535,000 None Available
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $510,581
Previous Owner $188,452
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
07/06/2023 07/06/23 Sold $535,000 +1.9% $239 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $525,000 -- $234 / 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 $5,037 $520,300 $132,700 $387,600
2024 $5,047 $520,300 $132,700 $387,600
2023 $4,589 $302,300 $55,300 $247,000
2022 $4,217 $302,300 $55,300 $247,000
2021 $3,958 $270,900 $55,300 $215,600
2020 $3,996 $270,900 $55,300 $215,600
2019 $3,996 $270,900 $55,300 $215,600
2018 $3,513 $270,900 $55,300 $215,600
2017 $3,684 $211,900 $56,800 $155,100
2016 $3,854 $210,600 $56,800 $153,800
2015 $3,833 $210,600 $56,800 $153,800
2014 $3,833 $210,600 $56,800 $153,800
2012 $3,295 $207,872 $56,750 $151,122
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Andrew Roy

    Waypoint Brokers Collective

    Section Image

  • L

    Buyer's Agent in 2023

    Laura Davis

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1561011

Maine Listings

APN: GRAY-000062-000022-000005-000011

Maine Cumberland County Gray 04039

29 Rivers Edge Rd, Gray, ME

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.

Maine Listings 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.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.