NOT LISTED FOR SALE

389 Gray Rd Windham, ME 04062

Estimated Value: $521,379 - $669,000

4 Beds
3 Baths
2,916 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $375,000 $129 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,631/month

1 Day on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Farmhouse Style Home
  • 2 Car Detached Garage

About This Home

As of August 2020

Why rent? this updated 2 unit with recently built detached 2 car garage that includes a studio for your work from home situation or hobbies is a rare find! Close to everything Windham has to offer and a quick commute to Greater Portland offices. Lots of room on the oversized lot to roam and have gardens or host outdoor entertainment for friends and family this summer and fall! Walking distance to Windham High School.

Last Agent to Sell the Property

Marie Flaherty

The Flaherty Group Listed on: 06/24/2020

Last Buyer's Agent

Daniel DiGenova

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1900

Lot Details

  • 1.17 Acre Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Farmhouse Style Home
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump
  • Dirt Floor

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic System
  • Private Sewer
  • Internet Available
  • Cable TV Available

Additional Features

  • Level Entry For Accessibility
  • Deck
  • Suburban Location

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number WINM-000043-000000-000008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,068
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,368

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Gray Rd towards the High School, third house on the left past Pope Rd.
  • Above Grade Finished Sq Ft: 2916.0
  • Architectural Style: Duplex, Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.17
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2916.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • 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:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Water Heater:Gas: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Water Heater:Tankless: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Basement:Partial: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 39000.0
  • Income Expenses Operating Expenses: 8068.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Basement:Dirt Floor: Yes
  • Roof:Pitched: Yes
  • Style:Duplex: Yes
  • Property Information:Short Sale Continue to Show: No
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Basement:Sump Pump: Yes
  • Accessibilitiy Amenities:Level Entry: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Roof:Fiberglass: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Accessibility Features: Level Entry
  • Has Basement: Bulkhead, Dirt Floor, Partial, Sump Pump, Exterior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Storage

Exterior Features

  • Lot Features: Level, Open Lot, Near Town, Rural, Suburban
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Fiberglass, Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, On Site, Detached, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Direct Vent Heater, Direct Vent Furnace, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: RSU 15/MSAD 15

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 50965.2
  • Parcel #: WINM-000043-000000-000008
  • Zoning: Farm

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000.0
  • Annual Operating Expense: 8068.0

Tax Info

  • Tax Annual Amount: 3368.0
  • Tax Book Number: 32512
  • Tax Lot: 8
  • Tax Map Number: 43
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 10, 2020
Sold by
Wheaton William A and Fernandez Deanna
Bought by
Gilligan David M and Gilligan Marie E
Seller's Agent
Marie Flaherty
The Flaherty Group
Buyer's Agent
Daniel DiGenova
Keller Williams Realty
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%
Current Estimated Value
$596,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,095
Avg. Annual Appreciation
9.44%
Original Mortgage
$300,000
Outstanding Balance
$266,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$329,483

Purchase Details

Listed on
Apr 17, 2015
Closed on
Aug 14, 2015
Sold by
Maine Notary Network Llc
Bought by
Wheaton William A and Fernandez Deanna
Seller's Agent
Gordie Holmes
Direct Real Estate
Buyer's Agent
Marie Flaherty
Berkshire Hathaway HomeServices Northeast Real Estate
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$237,590
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2012
Sold by
Capit Morgan Stanley Abs
Bought by
Capit Morgan Stanley Abs and Deutsche Bank Natl T Co
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
Gilligan David M -- None Available
Wheaton William A -- --
Capit Morgan Stanley Abs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilligan David M $300,000
Previous Owner Wheaton William A $237,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $375,000 +7.4% $129 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $349,000 +51.7% $120 / Sq Ft
08/13/2015 08/13/15 Sold $230,000 -4.1% $77 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $239,900 +260.8% $80 / Sq Ft
06/28/2013 06/28/13 Sold $66,500 0.0% $48 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $66,500 -- $48 / 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 $5,642 $491,900 $143,400 $348,500
2023 $5,233 $467,200 $133,300 $333,900
2022 $4,687 $403,700 $105,600 $298,100
2021 $4,123 $327,200 $91,900 $235,300
2020 $6,602 $294,300 $80,800 $213,500
2019 $4,309 $294,300 $80,800 $213,500
2018 $4,014 $264,400 $72,700 $191,700
2017 $3,825 $232,800 $65,000 $167,800
2016 $3,655 $232,800 $65,000 $167,800
2015 $3,157 $208,400 $65,000 $143,400
2014 $1,972 $187,400 $65,000 $122,400
2013 $2,513 $173,900 $65,000 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1457630

Maine Listings

APN: WINM-000043-000000-000008