NOT LISTED FOR SALE

41 Madison Way Gorham, ME 04038

Estimated Value: $663,000 - $737,000

4 Beds
2.5 Baths
1,944 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $389,500 $200 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,256/month

109 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Property is near public transit
  • Great Falls Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of March 2019

Beautiful, nearly complete new construction on over an acre of land in a picturesque community w/10+/- acres of open space, trails, & conservation land all located in private, wooded neighborhood just minutes from downtown Gorham Village. This 4 bedroom, 2 1/2 bath colonial features a gorgeous open layout w/formal dining room, front to back living room with gas fireplace, 2nd floor laundry room, & luxurious 2nd floor master bedroom w/spacious walk in closet & full bath w/double vanity sinks. This home also features a beautiful rear deck overlooking wooded conservation land, full covered front farmer's porch, attached 2 car garage, & spacious basement.

Last Agent to Sell the Property

Lucia Anderson

Dan Anderson Real Estate, Inc. Listed on: 10/23/2018

Co-Listed By

Alexander Coupe

Dan Anderson Real Estate, Inc.

Last Buyer's Agent

Rachel Davey

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1.03 Acre Lot
  • Property fronts a private road
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,944 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom

Unfinished Basement

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

Outdoor Features

  • Deck
  • Porch

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 5 / 2
  • Assessor Parcel Number 45MadisonWay

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,000

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Frontage Type: Private
  • Co List Office Mls Id: 2244
  • Co List Office Phone: 207-878-3206
  • MLS Status: Closed
  • Directions: From Route 114, Turn on to Gordon Farms Road, at the end of the Gordon Farms Road, turn on to new subdivision, Madison Way, house is second to last home on the right. *If you are using a GPS, use '79 Gordon Farms Rd' as your destination.
  • Above Grade Finished Sq Ft: 1944.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2018
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.03
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1944.0
  • 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:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: 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
  • Heat Fuel:Gas Bottled: Yes
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Location:Abuts Conservation: Yes
  • Electric:Underground: Yes
  • Transportation:Public Transport Access: 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
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Neighborhood, Subdivided, Near Public Transit
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Property Condition: New Construction
  • 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: Paved, On Site

Utilities

  • Laundry Features: Upper Level
  • 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: 44866.8
  • Parcel #: 45MadisonWay
  • Zoning: R

Tax Info

  • Tax Annual Amount: 6000.0
  • Tax Block: 2
  • Tax Book Number: 34946
  • Tax Lot: 5
  • Tax Map Number: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Mar 18, 2019
Sold by
Diversified Props Inc
Bought by
Hamblett Graham P and Hamblett Anne E
Seller's Agent
Lucia Anderson
Dan Anderson Real Estate, Inc.
Buyer's Agent
Rachel Davey
Keller Williams Realty
List Price
$419,900
Sold Price
$389,500
Premium/Discount to List
-$30,400
-7.24%
Current Estimated Value
$693,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,258
Avg. Annual Appreciation
9.23%
Original Mortgage
$331,075
Outstanding Balance
$291,071
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$402,687
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
Hamblett Graham P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamblett Graham P $331,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $389,500 -7.2% $200 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
10/23/2018 10/23/18 For Sale $419,900 -- $216 / 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 $6,934 $471,700 $95,300 $376,400
2023 $6,486 $471,700 $95,300 $376,400
2022 $6,061 $471,700 $95,300 $376,400
2021 $5,261 $271,200 $70,800 $200,400
2020 $5,153 $271,200 $70,800 $200,400
2019 $5,139 $271,200 $70,800 $200,400
2018 $1,289 $70,800 $70,800 $0
2017 $1,211 $70,800 $70,800 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lucia Anderson

    Dan Anderson Real Estate, Inc.

    (207) 878-3206

    18 Total Sales

    Lucia Anderson
    Section Image
  • Alexander Coupe

    Seller Co-Listing Agent in 2019

    Alexander Coupe

    Dan Anderson Real Estate, Inc.

    (207) 838-4546

    2 in this area

    70 Total Sales

    Alexander Coupe
    Section Image

  • R

    Buyer's Agent in 2019

    Rachel Davey

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1374757

Maine Listings

APN: 47/ 2/ 5/ /

Maine Cumberland County Gorham 04038

41 Madison Way, Gorham, ME

This home is located at 41 Madison Way, Gorham, ME 04038 since 23 October 2018 and is currently estimated at $693,758, approximately $356 per square foot. This property was built in 2018. 41 Madison Way is a home located in Cumberland County with nearby schools including Great Falls 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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