NOT LISTED FOR SALE

370 Main St Gorham, ME 04038

Estimated Value: $333,000 - $501,000

4 Beds
2 Baths
2,136 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $455,000 $213 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,691/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Direct Access Garage
  • Narragansett Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of December 2023

Don't miss this tremendous opportunity to be only the second owner of 370 Main Street, a legal two unit near Gorham's Village! Unit one is a two bedroom, one bath unit on the first floor that has been owner occupied since the home was built. Unit two is a basement level unit with two bedrooms, one bath, and a comfortable open concept living room/kitchen space. The units share a common entry and a washer/dryer in the basement common space. The property benefits from an attached two car garage with an extra storage/workshop space, public water and sewer, a newer roof (2019), and a spacious rear yard. Being located in the OR (Office-Residential District) also opens this property up for potential business, retail, or personal service uses.

Last Agent to Sell the Property

David Willis

Willis Real Estate Listed on: 10/24/2023

Co-Listed By

Paul Willis

Willis Real Estate

Last Buyer's Agent

John Mullen

Mulkerin Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,713

Year Built

  • Built in 1980

Lot Details

  • 0.57 Acre Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Finished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Interior and Exterior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / 11
  • Assessor Parcel Number GRHM-000109-000011-000001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $8,910
  • Gross Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,713

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.57
  • 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: 1068.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1980
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.57
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1068.0
  • Property Information:SqFt Finished Below Grade: 1068.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: 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
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Style:Ranch: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Exterior:Clapboard: Yes
  • Building Info:_pound_ Stories2: 1
  • Income Expenses Gross Income: 16200.0
  • Income Expenses Operating Expenses: 8910.0
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Bank Owned REO: No
  • Vehicle Storage:Storage Above: Yes
  • Heat System:Direct Vent Heater: Yes
  • Building Info:_pound_ Floors3: 2
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Bulkhead, Finished, Full, Exterior Entry, Doghouse, Interior Entry
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 1068.0
  • Flooring: Wood, Vinyl, Tile, Carpet
  • Interior Amenities: 1st Floor Bedroom, One-Floor Living, Shower, Walk-In Closet(s)
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Town
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 24829.2
  • Parcel #: GRHM-000109-000011-000001
  • Zoning: OR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0
  • Annual Operating Expense: 8910.0

Tax Info

  • Tax Annual Amount: 3713.0
  • Tax Block: 11
  • Tax Book Number: 10818
  • Tax Lot: 1
  • Tax Map Number: 109
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 13, 2023
Sold by
Hoskin Mary E
Bought by
Kizer Deann
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
John Mullen
Mulkerin Real Estate
List Price
$400,000
Sold Price
$455,000
Premium/Discount to List
$55,000
13.75%
Current Estimated Value
$433,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,144
Avg. Annual Appreciation
-6.87%
Original Mortgage
$432,250
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
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
Kizer Deann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kizer Deanna $446,250
Closed Kizer Deann $432,250
Previous Owner Hoskin Josh S $109,900
Previous Owner Hoskin John S $109,000
Previous Owner Hoskin John S $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $455,000 +13.8% $213 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $400,000 -- $187 / 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 $3,969 $270,000 $69,400 $200,600
2023 $3,713 $270,000 $69,400 $200,600
2022 $3,470 $270,000 $69,400 $200,600
2021 $3,310 $170,600 $75,700 $94,900
2020 $3,241 $170,600 $75,700 $94,900
2019 $3,233 $170,600 $75,700 $94,900
2018 $3,105 $170,600 $75,700 $94,900
2017 $2,917 $170,600 $75,700 $94,900
2016 $2,900 $170,600 $75,700 $94,900
2015 $2,781 $170,600 $75,700 $94,900
2014 $3,083 $177,200 $85,100 $92,100
2013 $3,066 $177,200 $85,100 $92,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Willis

    Willis Real Estate

    (207) 839-3390

    58 in this area

    154 Total Sales

    David Willis
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Paul Willis

    Willis Real Estate

    (207) 839-3390

    40 in this area

    96 Total Sales

    Paul Willis
    Section Image

  • J

    Buyer's Agent in 2023

    John Mullen

    Mulkerin Real Estate

See All Agents

Map

Source: Maine Listings

MLS Number: 1575710

Maine Listings

APN: GRHM-000109-000011-000001

Maine Cumberland County Gorham 04038

370 Main St, Gorham, ME

This home is located at 370 Main St, Gorham, ME 04038 since 24 October 2023 and is currently estimated at $433,856, approximately $203 per square foot. This property was built in 1980. 370 Main St is a home located in Cumberland County with nearby schools including Narragansett Elementary School, Gorham Middle School, and Gorham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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