NOT LISTED FOR SALE

36 Water St Gorham, ME 04038

Estimated Value: $562,000 - $596,000

4 Beds
4 Baths
2,128 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $270,000 $127 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,523/month

2 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • No HOA
  • Village Elementary School Rated A-
  • Wood Flooring
  • Bathtub

About This Home

As of November 2017

Rare opportunity for a cash flowing 2 unit in downtown Gorham Village. Just steps from USM and the Gorham Village shopping. Currently owner occupied with great rent and rental history. Property Features: walk out basements, huge deck,2 bedrooms 1.5 Bath per unit, off street parking, separate electric meters.

Last Agent to Sell the Property

Craig Candage

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 10/05/2017

Last Buyer's Agent

Benjamin Schulz

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1989

Lot Details

  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Bathtub

Basement

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

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • Deck
  • City Lot

Listing and Financial Details

  • Legal Lot and Block 2 / 130
  • Assessor Parcel Number GRHM-000102-000130-000002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,471

Year Built

Built in 1989

Lot Details

0.46 Acres

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From intersection of Routes 114 & 25 in Gorham Village, go east on Route 25 to first stop light, turn left onto Water Street, home on left before cul-de-sac.
  • Above Grade Finished Sq Ft: 1960.0
  • Architectural Style: Duplex, Townhouse
  • Building Stories: 2
  • Year Built: 1989
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 126.88
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 1960.0
  • Property Information:SqFt Finished Below Grade: 168.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Amenities:Bathtub: Yes
  • Style:Duplex: Yes
  • Roads:Dead End: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Roof:Fiberglass: Yes
  • Style:Townhouse: Yes
  • Building Info:_pound_ Floors3: 2
  • Advertising Remarks:Advertising Remarks: Rare opportunity for a cash flowing 2 unit in downtown Gorham Village. Just steps from USM and the Gorham Village shopping. Currently owner occupied with great rent and rental history. Property Features: walk out basements, huge deck,2 bedrooms 1.5 Bath per unit, off street parking, separate electric meters.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Has Basement: Full, Interior Entry, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Below Grade Sq Ft: 168.0
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: Bathtub, Storage
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Intown, Near Shopping, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Composition, Fiberglass, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: GRHM-000102-000130-000002
  • Zoning: UR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3471.0
  • Tax Block: 130
  • Tax Lot: 2
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 30, 2017
Sold by
Grassi Vincent A
Bought by
Paiton Aaron R
Seller's Agent
Craig Candage
Coldwell Banker Realty
Buyer's Agent
Benjamin Schulz
Keller Williams Realty
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%
Current Estimated Value
$575,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,913
Avg. Annual Appreciation
9.53%
Original Mortgage
$265,109
Outstanding Balance
$219,407
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$356,506

Purchase Details

Listed on
Jun 23, 2014
Closed on
Sep 2, 2014
Sold by
Mathews Christopher R and Ham Katie C
Bought by
Grassi Vincent A
Seller's Agent
Esther Pelletier
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Craig Candage
RE/MAX Coastal
List Price
$245,000
Sold Price
$238,000
Premium/Discount to List
-$7,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$233,689
Interest Rate
4.14%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Paiton Aaron R -- --
Grassi Vincent A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paiton Aaron R $265,109
Closed Grassi Vincent A $233,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2017 11/30/17 Sold $270,000 -1.8% $127 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $274,900 +15.5% $129 / Sq Ft
08/29/2014 08/29/14 Sold $238,000 -2.9% $112 / Sq Ft View Prior Sale
07/17/2014 07/17/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $245,000 -- $115 / Sq Ft
Source: Maine Listings

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
2025 $5,910 $399,300 $102,900 $296,400
2024 $5,870 $399,300 $102,900 $296,400
2023 $5,490 $399,300 $102,900 $296,400
2022 $5,131 $399,300 $102,900 $296,400
2021 $4,136 $213,200 $80,300 $132,900
2020 $4,051 $213,200 $80,300 $132,900
2019 $4,040 $213,200 $80,300 $132,900
2018 $3,880 $213,200 $80,300 $132,900
2017 $3,646 $213,200 $80,300 $132,900
2016 $3,623 $213,100 $80,200 $132,900
2015 $3,474 $213,100 $80,200 $132,900
2014 $3,551 $204,100 $82,000 $122,100
2013 $3,531 $204,100 $82,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1328743

Maine Listings

APN: GRHM-000102-000130-000002

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