NOT LISTED FOR SALE

380 Main St Unit 382 Gorham, NH 03581

Estimated Value: $134,000 - $252,000

-- Bed
2 Baths
2,300 Sq Ft
$90/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $79,500 $35 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,510/month

352 Days on Market

Highlights

  • 1 Car Attached Garage
  • Hot Water Heating System
  • Level Lot
  • Gorham High School Rated 10

About This Home

As of June 2021

A Great investment opportunity! Lots of possibilities with this centrally located 2 family building on Main St. in Gorham: renting out a unit to pay the mortgages while living in the other or turn upstairs into an AirBnB or a Bed & Breakfast for extra income! The first floor apartment has high ceilings, a lovely enclosed wrap-around porch, beautiful woodwork, wood burning stove, sunny and spacious living and dining rooms, and 3 bedrooms. Second floor unit has 3 bedrooms, eat-in kitchen and a large living room. Explore the possibility of turning the huge attic into a stylish loft with cathedral ceiling! Large basement with workshop area. 2 separate heating and electrical systems so tenants can pay for their own utilities. 1 car garage with ample off-street parking spaces.

Last Agent to Sell the Property

Jennifer Stewart

RE/MAX Northern Edge Realty LLC License #057293 Listed on: 05/17/2020

RE/MAX Northern Edge Realty LLC

Last Buyer's Agent

Jennifer Stewart

RE/MAX Northern Edge Realty LLC License #057293 Listed on: 05/17/2020

RE/MAX Northern Edge Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Basement

  • Connecting Stairway
  • Interior Basement Entry

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 91

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,905

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Assessment Amount: 91200
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 34.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4320
  • Sq Ft - Apx Total Finished: 2300
  • Property Type: Multi-Family
  • Year Built: 1910
  • L A1 M M S I Memberkey: 20084
  • List Agent: 12543
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 70905
  • S A1 M M S I Memberkey: 20084
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 70905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior
  • Sq Ft - Apx Finished AG: 2300
  • Sq Ft - Apx Unfinished AG: 744
  • Sq Ft - Apx Unfinished BG: 1276

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Fuses
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Utilities: Cable - Available

Lot Info

  • Map: u8
  • Lot: 91
  • Lot Sq Ft: 5663
  • Lot Acres: 0.13
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: CA
  • Deed Book: 1521
  • Deed Page: 769

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2905
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 25, 2021
Sold by
Jia Angel
Bought by
Colakovic Alberta G
Seller's Agent
Jennifer Stewart
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Jennifer Stewart
RE/MAX Northern Edge Realty LLC
List Price
$99,000
Sold Price
$79,500
Premium/Discount to List
-$19,500
-19.7%
Current Estimated Value
$208,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,550
Avg. Annual Appreciation
23.66%
Original Mortgage
$63,600
Outstanding Balance
$57,707
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,343

Purchase Details

Closed on
Mar 16, 1993
Bought by
Tsang Chi Wai
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Colakovic Alberta G $79,533 None Available
Tsang Chi Wai $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colakovic Alberta G $63,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $79,500 -10.7% $35 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/25/2021 04/25/21 Price Changed $89,000 -10.1% $39 / Sq Ft
02/24/2021 02/24/21 For Sale $99,000 0.0% $43 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
09/05/2020 09/05/20 Price Changed $99,000 -9.2% $43 / Sq Ft
07/22/2020 07/22/20 Price Changed $109,000 -12.7% $47 / Sq Ft
05/17/2020 05/17/20 For Sale $124,900 -- $54 / Sq Ft
Source: PrimeMLS

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 $5,078 $179,500 $24,100 $155,400
2023 $4,407 $179,500 $24,100 $155,400
2022 $4,353 $179,500 $24,100 $155,400
2021 $3,247 $91,200 $13,300 $77,900
2020 $2,905 $91,200 $13,300 $77,900
2019 $3,080 $91,200 $13,300 $77,900
2018 $3,330 $91,200 $13,300 $77,900
2017 $3,096 $91,200 $13,300 $77,900
2014 $3,025 $98,600 $13,900 $84,700
2010 $2,855 $119,200 $22,300 $96,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4805888

PrimeMLS

APN: GORH-000008-000000-000091-U000000