NOT LISTED FOR SALE

31 Fae Ln Unit 9 Gorham, ME 04038

Estimated Value: $633,000 - $719,917

4 Beds
2.5 Baths
2,390 Sq Ft
$250/mo HOA Fee

Last Sold November 20, 2020

Last sale price $466,697 $195 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,471/month

Highlights

  • Colonial Architecture
  • Wood Flooring
  • 2 Car Garage
  • Village Elementary School Rated A-
  • Hot Water Heating System
  • Level Lot

About This Home

As of November 2020

Welcome to Grady Farms! Gorham's newest and most exciting free standing condo association. Enjoy the benefits of a condo association while maintaining the privacy of a free standing home. Located right in the heart of Gorham an opportunity like this does not arise often. Lock up your brand new home now and enjoy the convenience of walking to everything the center of Gorham has to offer. Use 136 South street for GPS.

Last Agent to Sell the Property

Josh Plowman

Plowman Realty Group Listed on: 08/29/2020

Last Buyer's Agent

Joshua Plowman

Bean Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,731

Year Built

  • Built in 2020

Lot Details

  • 10,454

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • 2,390 Sq Ft Home
  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Community Details

  • Grady Farms Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 78
  • Assessor Parcel Number 31faegorham04038

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,731

Year Built

Built in 2020

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • MLS Status: Closed
  • Subdivision Name: Grady Farms
  • Above Grade Finished Sq Ft: 2390.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2020
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2390.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 250.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 1
  • Gas:Natural - On Site: Yes
  • Heat Fuel:Gas Natural: Yes
  • Style:Colonial: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: 31faegorham04038
  • Zoning: UR

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Block: 78
  • Tax Book Number: 34820
  • Tax Lot: 12
  • Tax Map Number: 103
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Nov 20, 2020
Sold by
Plowman Dev Grp Llc
Bought by
Rabbani Chand A and Rabbani Ghulam
Seller's Agent
Josh Plowman
Plowman Realty Group
Buyer's Agent
Josh Plowman
Bean Group
List Price
$425,000
Sold Price
$466,697
Premium/Discount to List
$41,697
9.81%
Current Estimated Value
$674,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,032
Avg. Annual Appreciation
7.95%
Original Mortgage
$276,250
Outstanding Balance
$248,056
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$428,781
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rabbani Chand A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabbani Chand A $276,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $466,697 +9.8% $195 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $425,000 -- $178 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $7,731 $525,900 $31,900 $494,000
2023 $7,231 $525,900 $31,900 $494,000
2022 $6,714 $522,500 $31,900 $490,600
2021 $4,425 $228,100 $66,100 $162,000
2020 $1,256 $66,100 $66,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Plowman

    Seller's Agent in 2020

    Josh Plowman

    Plowman Realty Group

    (207) 776-2130

    52 in this area

    256 Total Sales

    Josh Plowman
    Section Image

  • J

    Buyer's Agent in 2020

    Joshua Plowman

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1466706

Maine Listings

APN: GRHM M:103 B:078 L:009

Maine Cumberland County Gorham 04038

31 Fae Ln Unit 9, Gorham, ME

This home is located at 31 Fae Ln Unit 9, Gorham, ME 04038 since 29 August 2020 and is currently estimated at $674,729, approximately $282 per square foot. This property was built in 2020. 31 Fae Ln Unit 9 is a home located in Cumberland County with nearby schools including Village Elementary School, Gorham Middle School, and Gorham High School.

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