Seller's Agent in 2022
Jay Sparrow
Allied Real Estate
(207) 756-5779
5 in this area
19 Total Sales
448 Gray Rd Windham, ME 04062
Estimated Value: $1,341,298
4
Beds
3
Baths
5,185
Sq Ft
$259/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- No HOA
- Air Conditioning
- Wood Flooring
- 2 Car Attached Garage
- Accessible Approach with Ramp
About This Home
As of February 2022Rooming House- 15 rooms plus a 2 bedroom apartment. Totally remodeled 2020-2021- roof, windows, flooring, heating, septic & leach field. Paved parking, coin-op laundry, new sprinkler system, new kitchens, bathrooms and much more. Fully occupied with a waiting list!!
Last Buyer's Agent
Karen Fox
North Point Realty LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,860
Year Built
- Built in 1900
Lot Details
- 0.62 Acre Lot
- Landscaped
- Level Lot
- Open Lot
- Sprinkler System
Parking
- 2 Car Attached Garage
- Common or Shared Parking
- Automatic Garage Door Opener
- Garage Door Opener
- Shared Driveway
Home Design
- Rooming House
- Brick Foundation
- Concrete Foundation
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,185 Sq Ft Home
- Multi-Level Property
- Fire Sprinkler System
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Full Bathrooms
- Shower Only
Unfinished Basement
- Brick Basement
- Interior Basement Entry
Accessible Home Design
- Roll-in Shower
- Doors are 36 inches wide or more
- Accessible Approach with Ramp
- Level Entry For Accessibility
Location
- The property is located in a historic district
Utilities
- Air Conditioning
- Forced Air Zoned Heating System
- Heating System Uses Oil
- Baseboard Heating
- Natural Gas Not Available
- Septic System
- Septic Design Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 6 / A
- Assessor Parcel Number WINM-000045-000006-A000000
Community Details
Overview
- No Home Owners Association
- 16 Units
Amenities
- Coin Laundry
Pet Policy
- No Pets Allowed
Building Details
- Operating Expense $30,575
- Gross Income $156,026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2021
Closed on
Feb 3, 2022
Sold by
Bear Properties Llc
Bought by
448 Gray Rd Llc
Seller's Agent
Jay Sparrow
Allied Real Estate
Buyer's Agent
Karen Fox
North Point Realty LLC
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,298
Avg. Annual Appreciation
8.03%
Original Mortgage
$750,000
Outstanding Balance
$692,886
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$648,412
Purchase Details
Closed on
Aug 24, 2018
Sold by
1 Northeast Road Llc
Bought by
Bear Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2018
Closed on
Mar 27, 2018
Sold by
Bennett Nellie P Est and Bennett
Bought by
1 Northeast Road Llc
Seller's Agent
Payson Swan
Swan Real Estate
Buyer's Agent
Fred Andrews
Spectrum Real Estate
List Price
$245,000
Sold Price
$195,000
Premium/Discount to List
-$50,000
-20.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.59%
Original Mortgage
$201,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 448 Gray Rd Llc | -- | None Available | |
| Bear Properties Llc | -- | -- | |
| 1 Northeast Road Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 448 Gray Rd Llc | $750,000 | |
| Previous Owner | Bear Properties Llc | $375,000 | |
| Previous Owner | 1 Northeast Road Llc | $201,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/03/2022 02/03/22 | Sold | $1,000,000 | -16.7% | $193 / Sq Ft | |
| 11/15/2021 11/15/21 | Pending | -- | -- | -- | |
| 07/21/2021 07/21/21 | For Sale | $1,200,000 | +515.4% | $231 / Sq Ft | |
| 03/23/2018 03/23/18 | Sold | $195,000 | -20.4% | $67 / Sq Ft | View Prior Sale |
| 02/03/2018 02/03/18 | Pending | -- | -- | -- | |
| 01/20/2018 01/20/18 | For Sale | $245,000 | -- | $84 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $9,493 | $827,600 | $156,100 | $671,500 |
| 2023 | $8,234 | $735,200 | $145,300 | $589,900 |
| 2022 | $7,170 | $617,600 | $102,400 | $515,200 |
| 2021 | $6,959 | $552,300 | $87,500 | $464,800 |
| 2020 | $6,449 | $429,900 | $83,200 | $346,700 |
| 2019 | $4,443 | $303,500 | $83,200 | $220,300 |
| 2018 | $4,267 | $281,100 | $77,000 | $204,100 |
| 2017 | $3,695 | $224,900 | $56,400 | $168,500 |
| 2016 | $3,531 | $224,900 | $56,400 | $168,500 |
| 2015 | $3,407 | $224,900 | $56,400 | $168,500 |
| 2014 | $3,299 | $224,900 | $56,400 | $168,500 |
| 2013 | $3,250 | $224,900 | $56,400 | $168,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Sparrow
-
K
Buyer's Agent in 2022
Karen Fox
North Point Realty LLC
-
Payson Swan
Seller's Agent in 2018
Payson Swan
Swan Real Estate
(207) 415-8140
13 in this area
56 Total Sales
-
Fred Andrews
Buyer's Agent in 2018
Fred Andrews
Spectrum Real Estate
(207) 233-6699
11 in this area
119 Total Sales
Map
Source: Maine Listings
MLS Number: 1501640
APN: WINM-000045-000006-A000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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