NOT LISTED FOR SALE

3 Colley Hill Rd Gray, ME 04039

Gray Area

Estimated Value: $456,000 - $646,000

4 Beds
2 Baths
2,100 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $340,000 $162 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,143 / mo

7 Days on Market

Highlights

  • Barn
  • Farmhouse Style Home
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • No HOA
  • 2-minute walk to Pennell Park

About This Home

As of December 2020

Well-cared for and updated farmhouse style 2-unit on a prime 1.7 acre lot with awesome upside development potential. First floor has a great 2-bedroom, 1-bath/laundry, with beautiful kitchen and large living room, breezeway area with additional storage, back deck, and fenced-in, private backyard. Upstairs has a large, 1-bedroom, updated apartment with full bath and private outdoor balcony. The home also features a huge attached barn/garage with additional upstairs storage. Additional land area can be split with potential for commercial, home, or duplex development. Limitless potential in the heart of Gray.

Last Agent to Sell the Property

Jon Leahy

J T Leahy Real Estate Listed on: 10/14/2020

Last Buyer's Agent

Jon Leahy

Benchmark Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1900

Lot Details

  • 1.7 Acre Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 2,100 Sq Ft Home
  • Farmhouse Style Home
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Dirt Floor

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Septic Design Available
  • Private Sewer

Additional Features

  • Laundry on main level
  • Barn

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 066
  • Assessor Parcel Number GRAY-000035-000403-000066

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1900

Lot Details

1.7 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.7
  • MLS Status: Closed
  • Directions: Located on corner of Colley Hill Road and Route 202 (Main Street).
  • Above Grade Finished Sq Ft: 2100.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 178.57
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.7
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2100.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Sewer:Septic Design Available: Yes
  • Amenities:In-Law Apartment: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures Barn2: Yes
  • Advertising Remarks:Advertising Remarks: Well-cared for and updated farmhouse style 2-unit on a prime 1.7 acre lot with awesome upside development potential. First floor has a great 2-bedroom, 1-bath/laundry, with beautiful kitchen and large living room, breezeway area with additional storage, back deck, and fenced-in, private backyard. Upstairs has a large, 1-bedroom, updated apartment with full bath and private outdoor balcony. The home also features a huge attached barn/garage with additional upstairs storage. Additional land area can be split with potential for commercial, home, or duplex development. Limitless potential in the heart of Gray.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Partial, Exterior Entry, Bulkhead, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, In-Law Floorplan

Exterior Features

  • Lot Features: Level, Open Lot, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Barn
  • Roof: Pitched, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 74052.0
  • Parcel #: GRAY-000035-000403-000066
  • Zoning: VC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3870.0
  • Tax Lot: 066
  • Tax Year: 2019

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

Closed on
Mar 26, 2020
Sold by
Bought by
Current Estimated Value
$511,873

Purchase Details

Closed on
Jul 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
0.0565%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 8, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- 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 $267,750
Previous Owner $77,710
Previous Owner $40,000
Closed $157,000
Closed $90,000
Closed $75,000
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
12/04/2020 12/04/20 Sold $340,000 -9.3% $162 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $375,000 -- $179 / 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 $4,250 $439,000 $109,500 $329,500
2024 $4,258 $439,000 $109,500 $329,500
2023 $4,126 $271,800 $54,400 $217,400
2022 $3,792 $271,800 $54,400 $217,400
2021 $3,601 $246,500 $54,400 $192,100
2020 $3,870 $262,400 $70,300 $192,100
2019 $3,870 $262,400 $70,300 $192,100
2018 $3,394 $262,400 $70,300 $192,100
2017 $2,909 $171,100 $45,500 $125,600
2016 $3,131 $171,100 $45,500 $125,600
2015 $3,114 $171,100 $45,500 $125,600
2014 $3,114 $171,100 $45,500 $125,600
2012 $2,712 $171,083 $45,500 $125,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1472795

Maine Listings

APN: GRAY-000035-000403-000066

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