NOT LISTED FOR SALE

40 Settlers Way Gorham, ME 04038

Estimated Value: $807,829 - $857,000

3 Beds
3 Baths
2,622 Sq Ft
$315/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $483,000 $184 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,141/month

8 Days on Market

Highlights

  • Water Views
  • Nearby Water Access
  • Finished Room Over Garage
  • Great Falls Elementary School Rated A-
  • Home fronts a pond
  • Cape Cod Architecture

About This Home

As of January 2021

This beautifully landscaped cape sits atop just over 1 acre in desirable Fort Hill Farm subdivision. Boasting sweeping views of the nearby pond this home features an updated kitchen with granite countertops, formal living room with wood burning fireplace, first floor office and family room complete with wood stove and entry to the back deck. On the second floor you'll find the master en suite, two additional bedrooms and a bonus room above the garage. Close to USM, Gorham Village and Portland, enjoy country living but keep the conveniences of being close to town.

Last Agent to Sell the Property

Nicholas Dambrie

Keller Williams Realty Brokerage Phone: 207-553-2400 Listed on: 12/03/2020

Keller Williams Realty

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty Brokerage Phone: 207-553-2400 Listed on: 12/03/2020

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,361

Year Built

  • Built in 1987

Lot Details

  • 1.4 Acre Lot
  • Home fronts a pond
  • Cul-De-Sac
  • Rural Setting
  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Finished Room Over Garage
  • Driveway

Property Views

  • Water
  • Scenic Vista
  • Woods

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,622 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deck
  • Porch

Farming

  • Pasture

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Private Sewer
  • Internet Available

Listing and Financial Details

  • Tax Lot 17-38
  • Assessor Parcel Number GRHM-000043A-000017-000038

Community Details

Overview

  • No Home Owners Association
  • Fort Hill Farms Subdivision

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,361

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • Water Body Name: Neighborhood Fire Pond
  • MLS Status: Closed
  • Subdivision Name: Fort Hill Farms
  • Directions: From Gorham Village Route 25 (Main St) take right onto Route 114 (Fort Hill Road) to right onto Valley View Rd to right onto Settlers Way. Home is on right, sign on property.
  • Above Grade Finished Sq Ft: 2622.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1987
  • Attribution Contact: 207-553-2400
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.4
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2622.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Primary Bedroom Amenities:Suite6: Yes
  • Room Features:Suite17: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Bonus Room:Bonus Room: Yes
  • Office:Office: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Wood2: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Site:RollingSloping: Yes
  • Family Room:Family Room: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Room Features:Heat Stove29: Yes
  • View:Scenic: Yes
  • Site:PastureField: Yes
  • Room Features:Built-Ins30: Yes
  • Den:Den: Yes
  • Site:Cul-De-Sac: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Den Amenities:Wood Burning Fireplace7: Yes
  • Family Room Amenities:Heat Stove9: Yes
  • Room Features:Above Garage28: Yes
  • Bonus Room Amenities:Above Garage6: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, Pantry, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Primary Bedroom Primary Bedroom Level: Second

Exterior Features

  • Lot Features: Cul-De-Sac, Open Lot, Rolling Slope, Landscaped, Pasture, Near Shopping, Near Town, Neighborhood, Rural
  • View: Scenic, Trees/Woods
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Schools

  • Junior High Dist: Gorham Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • Parcel #: GRHM-000043A-000017-000038
  • Zoning: R

Tax Info

  • Tax Annual Amount: 6361.0
  • Tax Book Number: 35835
  • Tax Lot: 17-38
  • Tax Map Number: 43A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 13, 2021
Sold by
Murray Renee L
Bought by
Mazurak Emily E and Snyder Daniel J
Seller's Agent
Nicholas Dambrie
Keller Williams Realty
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$480,000
Sold Price
$483,000
Premium/Discount to List
$3,000
0.62%
Current Estimated Value
$826,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,707
Avg. Annual Appreciation
11.26%
Original Mortgage
$434,700
Outstanding Balance
$391,508
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,982

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 22, 2019
Sold by
Tarbox Eric A and Tarbox Anne M
Bought by
Murray Renee L
Seller's Agent
Tammy Ruda
Legacy Properties Sotheby's International Realty
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$449,000
Sold Price
$408,000
Premium/Discount to List
-$41,000
-9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.08%
Original Mortgage
$387,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2011
Closed on
Aug 3, 2012
Sold by
Keahon Teresa B and Keahon Thomas N
Bought by
Tarbox Eric A and Tarbox Anne M
Seller's Agent
Carol Kilburn
RE/MAX By The Bay
Buyer's Agent
Jessica Perkins
Legacy Properties Sotheby's International Realty
List Price
$369,500
Sold Price
$327,000
Premium/Discount to List
-$42,500
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$261,600
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Mazurak Emily E -- None Available
Murray Renee L -- --
Tarbox Eric A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazurak Emily E $434,700
Previous Owner Murray Renee L $387,600
Previous Owner Tarbox Eric A $261,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $483,000 +0.6% $184 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $480,000 +17.6% $183 / Sq Ft
07/25/2019 07/25/19 Sold $408,000 -9.1% $143 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $449,000 +37.3% $157 / Sq Ft
08/01/2012 08/01/12 Sold $327,000 -11.5% $109 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
09/03/2011 09/03/11 For Sale $369,500 -- $123 / 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 $9,101 $619,100 $161,500 $457,600
2023 $8,287 $602,700 $161,500 $441,200
2022 $7,745 $602,700 $161,500 $441,200
2021 $6,495 $334,800 $123,000 $211,800
2020 $6,361 $334,800 $123,000 $211,800
2019 $6,344 $334,800 $123,000 $211,800
2018 $6,093 $334,800 $123,000 $211,800
2017 $5,725 $334,800 $123,000 $211,800
2016 $5,692 $334,800 $123,000 $211,800
2015 $5,457 $334,800 $123,000 $211,800
2014 $5,326 $306,100 $112,200 $193,900
2013 $5,296 $306,100 $112,200 $193,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1477494

Maine Listings

APN: GRHM-000043A-000017-000038