$750,000
SOLD FEB 14, 2025

33 Settlers Way Gorham, ME 04038

4 Beds
2.5 Baths
3,072 Sq Ft
2.88 Acres

Recently Sold

$244 Per Sq Ft

7% Above List Price

7 Days on Market

Highlights

  • 2.88 Acre Lot
  • Colonial Architecture
  • Recreation Room
  • Great Falls Elementary School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of February 2025

Nestled in the highly sought-after Fort Hill Farms neighborhood, this classic 4-bedroom, 2.5-bathroom home is perfect for anyone seeking space, comfort, and charm. Situated on a private 2.88-acre lot surrounded by mature trees, this property offers a tranquil retreat in one of Gorham's best locations. The heart of the home is a spacious family room, complete with a cozy wood stove, perfect for chilly Maine winters. The formal living room features brand-new hardwood floors and a classic wood-burning fireplace, providing a warm and inviting atmosphere. Adjacent to the living areas, the formal dining room and an eat-in kitchen make hosting gatherings or casual family meals a breeze. Downstairs, the finished basement offers endless possibilities, whether you're envisioning a game room with a pool table, a media space, or a hangout spot for friends and family. Upstairs, you'll find four generously sized bedrooms and an unfinished attic space, offering incredible potential for future expansion or convenient storage solutions. Outdoor enthusiasts and families alike will appreciate the idyllic location. The neighborhood fire pond, located just across the street, is perfect for fishing, ice skating, or creating beautiful family memories. With public road access and no association fees, Fort Hill Farms offers a wonderful balance of community charm and homeowner independence. Don't miss this incredible opportunity to own a home in one of Gorham's most beloved neighborhoods. Whether you're relaxing by the fire or enjoying the natural beauty of the surrounding area, this property is ready to welcome you home. The home offers great bones but could benefit from some cosmetic updates, including refreshing the existing wallpaper and bathrooms, but the effort will be well worth the investment. Showings begin with an open house on Sunday, 1/12, from 12:00-1:30pm.

Last Agent to Sell the Property

David Willis

Willis Real Estate Listed on: 01/09/2025

Co-Listed By

Paul Willis

Willis Real Estate

Last Buyer's Agent

Peter Mason

PO-GO REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,959

Year Built

  • Built in 1985

Lot Details

  • 2.88 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Generator Hookup
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Oil Water Heater
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 17
  • Assessor Parcel Number GRHM-000043A-000017-000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,959

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.88
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1468
  • Co List Office Phone: 207-839-3390
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2390.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 2.88
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2390.0
  • Property Information:SqFt Finished Below Grade: 682.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Room Features:Walk-in Closet17: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Exterior:Wood Siding: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Wood2: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Room Features:Heat Stove29: Yes
  • Site:Cul-De-Sac: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Other Room Amenities 1:Rec Room: Yes
  • Room Features:Rec Room10: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Other, Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Walk-Out Access, Finished, Full, Doghouse, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 682.0
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Wooded, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Generator Hookup, 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: 125452.8
  • Parcel #: GRHM-000043A-000017-000009
  • Zoning: R

Tax Info

  • Tax Annual Amount: 7959.0
  • Tax Block: 17
  • Tax Book Number: 11634
  • Tax Lot: 9
  • Tax Map Number: 43A
  • Tax Year: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 14, 2025
Sold by
Parmakian Robert A and Parmakian Cynthia M
Bought by
Ritter Hannah N and Ritter Andrew R
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
Peter Mason
PO-GO REALTY
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Total Days on Market
7
Views
55
Current Estimated Value
$745,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,920
Avg. Annual Appreciation
-1.97%
Original Mortgage
$600,000
Outstanding Balance
$598,996
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$146,084
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 None Available
Warranty Deed $750,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Purchase Money Mortgage
Closed $600,000 Purchase Money Mortgage
Previous Owner $40,000 Unknown
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $750,000 +7.3% $244 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $699,000 -- $228 / 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 $7,959 $541,400 $172,900 $368,500
2023 $7,444 $541,400 $172,900 $368,500
2022 $6,957 $541,400 $172,900 $368,500
2021 $6,324 $326,000 $131,200 $194,800
2020 $6,194 $326,000 $131,200 $194,800
2019 $6,178 $326,000 $131,200 $194,800
2018 $5,469 $326,000 $131,200 $194,800
2017 $5,575 $326,000 $131,200 $194,800
2016 $5,542 $326,000 $131,200 $194,800
2015 $5,314 $326,000 $131,200 $194,800
2014 $5,752 $330,600 $120,600 $210,000
2013 $5,719 $330,600 $120,600 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1612256

Maine Listings

APN: GRHM-000043A-000017-000009