NOT LISTED FOR SALE

37 Madison Way Gorham, ME 04038

Estimated Value: $682,000 - $747,000

4 Beds
2.5 Baths
2,000 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $410,000 $205 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,432/month

Highlights

  • New Construction
  • View of Trees or Woods
  • Property is near public transit
  • Great Falls Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of February 2020

Brand new colonial on one of the last lots left in the Madison Way Subdivision. List price includes kitchen island with granite, rear deck, front porch, paved drive, upgraded flooring, fixtures and trim. Other options available.

Last Agent to Sell the Property

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 12/10/2019

Last Buyer's Agent

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 12/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 1.14 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Home to be built
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Views of Woods
  • Fire Sprinkler System
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Underground Utilities
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 7 / 2
  • Assessor Parcel Number GRHM-000047-000002-000007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.14
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gordon Farms Road, at the end turn onto Madison Way new subdivision. Home is 3rd on right.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.14
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Roads:Dead End: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Location:Abuts Conservation: Yes
  • Electric:Underground: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • 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
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Neighborhood, Subdivided, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, On Site

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 49658.4
  • Parcel #: GRHM-000047-000002-000007
  • Zoning: R

Tax Info

  • Tax Annual Amount: 1380.0
  • Tax Block: 2
  • Tax Book Number: 34973
  • Tax Lot: 7
  • Tax Map Number: 47
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Feb 5, 2020
Sold by
Diversified Props Inc
Bought by
Macvane Patrick N and Macvane Caitlin M
Seller's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
Buyer's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
List Price
$439,900
Sold Price
$410,000
Premium/Discount to List
-$29,900
-6.8%
Current Estimated Value
$715,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,251
Avg. Annual Appreciation
10.39%
Original Mortgage
$369,000
Outstanding Balance
$327,588
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$387,663
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
Macvane Patrick N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macvane Patrick N $369,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $410,000 -6.8% $205 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
12/10/2019 12/10/19 For Sale $439,900 -- $220 / 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 $7,685 $522,800 $96,000 $426,800
2023 $7,117 $517,600 $96,000 $421,600
2022 $6,455 $502,300 $96,000 $406,300
2021 $5,341 $275,300 $72,800 $202,500
2020 $5,041 $265,300 $72,800 $192,500
2019 $1,380 $72,800 $72,800 $0
2018 $1,325 $72,800 $72,800 $0
2017 $1,245 $72,800 $72,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1440578

Maine Listings

APN: 47/ 2/ 7/ /