D
Seller's Agent in 2023
Derek Goff Joseph Tomazin
Bean Group
35 County Rd Gorham, ME 04038
Estimated Value: $632,000 - $691,000
3
Beds
2
Baths
3,302
Sq Ft
$199/Sq Ft
Est. Value
Highlights
- 1.84 Acre Lot
- Deck
- Farmhouse Style Home
- Narragansett Elementary School Rated A-
- Wood Flooring
- Attic
About This Home
As of September 2023Zoning allows for lot split! Enhance your investment with future development opportunities!
This updated duplex is situated on a large 1.84-acre lot with a tree-lined, level backyard, providing ample space to enjoy the outdoors and relax.
Upgraded with peace and quiet in mind, professional soundproofing has been added to the ground floor primary bedroom's ceiling, and extra soundproofing padding has been added under the upgraded flooring on the second floor. The ground floor unit features beautiful oak and birch flooring and a generous floor plan, including a spacious living room, three bedrooms, and one bathroom. The second floor unit offers two bedrooms and one bathroom and has recently been updated with fresh paint throughout. It also includes the addition of skylights, fresh flooring, a new built-in bookshelf, updated LED lighting, an updated bathroom vanity, and a brand new kitchen with new cabinets and solid surface countertops. Additionally, fresh blown-in insulation has been added to the attic space above to help keep the space cozy in the winter and minimize heating costs. The entry area offers a coin-op washer/dryer and access to the 2-car garage.
As a bonus, the owners have a Contract Zoning Agreement with the Town of Gorham, allowing for numerous commercial and residential expansion opportunities.
This location is ideal, positioned 7 minutes from Gorham Village, 7 minutes from the University of Southern Maine, under 10 minutes from the Maine Mall and shopping, just over 10 minutes from the airport, and 20 minutes from downtown Portland.
If you are priced out of the single-family home market or seeking to expand your investment portfolio, seize this chance to own an income-producing property with commercial and expanded residential opportunities should you wish to develop in the future.
To view a true video walk-through, visit YouTube and type in the property address.
Also listed as a commercial listing at MLS#: 1561
Last Agent to Sell the Property
Derek Goff Joseph Tomazin
Bean Group Listed on: 06/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,752
Year Built
- Built in 1800
Lot Details
- 1.84 Acre Lot
- Level Lot
- Open Lot
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Driveway
Home Design
- Duplex
- Farmhouse Style Home
- Pillar, Post or Pier Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 3,302 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Storm Doors
- Laundry on main level
- Attic
Flooring
- Wood
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Dirt Floor
- Crawl Space
Utilities
- Dehumidifier
- Forced Air Heating System
- Heating System Uses Oil
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Hot Water Heating System
- Private Water Source
- Well
- Oil Water Heater
- Septic System
- Private Sewer
Additional Features
- ENERGY STAR/CFL/LED Lights
- Deck
- Suburban Location
Listing and Financial Details
- Tax Lot 43
- Assessor Parcel Number GRHM-000006-000043
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Coin Laundry
Building Details
- Operating Expense $7,335
- Gross Income $41,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2023
Closed on
Sep 12, 2023
Sold by
Brassbridge Christopher and Brassbridge Terra
Bought by
Pinard John L
Seller's Agent
Derek Goff Joseph Tomazin
Bean Group
Buyer's Agent
Sarah Msuya
Dream Home Realty LLC
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
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
$81,959
Avg. Annual Appreciation
4.86%
Original Mortgage
$480,000
Outstanding Balance
$471,520
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,671
Purchase Details
Closed on
Jul 29, 2013
Sold by
Singh Balwant
Bought by
Dulac Cyrus G and Roberts Sara J
Purchase Details
Closed on
Sep 1, 2005
Sold by
Lanigra Thomas P and Lanigra Donna M
Bought by
Brassbridge Christopher and Plaisted Terra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Pinard John L | $600,000 | None Available | |
| Dulac Cyrus G | -- | -- | |
| Brassbridge Christopher | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pinard John L | $480,000 | |
| Previous Owner | Brassebridge C L | $242,000 | |
| Previous Owner | Brassbridge Chris L | $73,994 | |
| Previous Owner | Brassbridge Christopher | $227,200 | |
| Previous Owner | Brassbridge Christopher | $56,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/12/2023 09/12/23 | Sold | $600,000 | +4.3% | $182 / Sq Ft |
| 07/13/2023 07/13/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $575,000 | -- | $174 / 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 | $4,292 | $292,000 | $78,000 | $214,000 |
| 2023 | $4,015 | $292,000 | $78,000 | $214,000 |
| 2022 | $3,752 | $292,000 | $78,000 | $214,000 |
| 2021 | $3,385 | $174,500 | $65,300 | $109,200 |
| 2020 | $3,316 | $174,500 | $65,300 | $109,200 |
| 2019 | $3,307 | $174,500 | $65,300 | $109,200 |
| 2018 | $3,176 | $174,500 | $65,300 | $109,200 |
| 2017 | $2,984 | $174,500 | $65,300 | $109,200 |
| 2016 | $2,967 | $174,500 | $65,300 | $109,200 |
| 2015 | $2,844 | $174,500 | $65,300 | $109,200 |
| 2014 | $2,814 | $161,700 | $60,000 | $101,700 |
| 2013 | $2,797 | $161,700 | $60,000 | $101,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Sarah Msuya
Dream Home Realty LLC
(207) 887-9543
7 in this area
111 Total Sales
Map
Source: Maine Listings
MLS Number: 1561972
APN: GRHM-000006-000043
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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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