NOT LISTED FOR SALE

41 Town Farm Rd New Gloucester, ME 04260

Estimated Value: $557,402 - $657,000

2 Beds
2 Baths
1,524 Sq Ft
$400/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2025

Last sale price $600,000 $394 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,539 / mo

Highlights

  • Main Floor Bedroom
  • Subterranean Parking
  • Cooling Available
  • No HOA
  • 3 Car Attached Garage
  • Tile Flooring

About This Home

As of March 2025

Like new 2 family built with high quality finishes. Units enjoyed higher end kitchens, baths, flooring, granite counter tops, laundry hook ups, 1 car garage, heating and cooling.

Last Agent to Sell the Property

John Fitzsimons

Portside Real Estate Group Listed on: 03/28/2025

Last Buyer's Agent

Alyssa Bouthot

Portside Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 2023

Lot Details

  • 12,197 Sq Ft Lot
  • Rural Setting
  • Level Lot
  • Open Lot

Parking

  • 3 Car Attached Garage
  • Subterranean Parking
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,524 Sq Ft Home
  • Walk-Out Basement
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Well
  • Private Sewer

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number NEWG-000015-000000-000010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,800
  • Gross Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,497

Year Built

Built in 2023

Lot Details

0.28 Acres

Parking

3

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1524.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Year Built: 2023
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 393.7
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.28
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1524.0
  • 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
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 3.0
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Heat Fuel:Electric: Yes
  • Cooling:Heat Pump3: Yes
  • Driveway:Common2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 45600.0
  • Income Expenses Operating Expenses: 6800.0
  • Sewer:Private Sewer: Yes
  • Style:Duplex: Yes
  • Basement:Slab2: Yes
  • Location:Rural: Yes
  • Water:Well Existing on Site: Yes
  • Water Heater:Heat Pump2: Yes
  • Vehicle Storage:Under: Yes
  • Advertising Remarks:Advertising Remarks: Like new 2 family built with high quality finishes. Units enjoyed higher end kitchens, baths, flooring, granite counter tops, laundry hook ups, 1 car garage, heating and cooling.
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access
  • Full Bathrooms: 2
  • Flooring: Tile, Laminate
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Level, Open Lot, Neighborhood, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved, Common, Garage Door Opener, Underground

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: NEWG-000015-000000-000010
  • Zoning: Rural

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 45600.0
  • Annual Operating Expense: 6800.0

Tax Info

  • Tax Annual Amount: 3497.0
  • Tax Lot: 10
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Mar 28, 2025
Sold by
Emerald Commons Llc
Bought by
Wyllie-Cain Samuel S and Pitluck Maura E
Seller's Agent
John Fitzsimons
Portside Real Estate Group
Buyer's Agent
Alyssa Bouthot
Portside Real Estate Group
List Price
$600,000
Sold Price
$600,000
Views
1
Current Estimated Value
$610,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,351
Avg. Annual Appreciation
1.63%
Original Mortgage
$350,000
Outstanding Balance
$347,904
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,447

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 8, 2022
Sold by
Hotham Floyd W Est and Sampson
Bought by
Emerald Commons Llc
Seller's Agent
Nicholas Clark
Portside Real Estate Group
Buyer's Agent
John Fitzsimons
Portside Real Estate Group
List Price
$150,000
Sold Price
$75,000
Premium/Discount to List
-$75,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.79%
Source: Public Records
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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
Wyllie-Cain Samuel S $600,000 None Available
Wyllie-Cain Samuel S $600,000 None Available
Emerald Commons Llc -- None Available
Emerald Commons Llc -- None Available
Emerald Commons Llc -- None Available
Emerald Commons Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wyllie-Cain Samuel S $350,000
Closed Wyllie-Cain Samuel S $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2025 03/28/25 Sold $600,000 0.0% $394 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/28/2025 03/28/25 For Sale $600,000 +700.0% $394 / Sq Ft
07/08/2022 07/08/22 Sold $75,000 -50.0% $88 / Sq Ft View Prior Sale
06/06/2022 06/06/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $150,000 -- $176 / Sq Ft
Source: Maine Listings

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
2025 $3,634 $234,889 $52,191 $182,698
2024 $3,497 $234,889 $52,191 $182,698
2023 $976 $68,309 $52,191 $16,118
2022 $1,206 $87,359 $44,191 $43,168
2021 $1,206 $87,359 $44,191 $43,168
2020 $1,192 $87,359 $44,191 $43,168
2019 $1,589 $94,000 $53,200 $40,800
2018 $1,074 $94,000 $53,200 $40,800
2017 $1,466 $94,000 $53,200 $40,800
2016 $1,382 $94,000 $53,200 $40,800
2015 $1,377 $94,000 $53,200 $40,800
2014 $1,363 $94,000 $53,200 $40,800
2013 $1,264 $94,000 $53,200 $40,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1617374

Maine Listings

APN: NEWG-000015-000000-000010

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