NOT LISTED FOR SALE

45 Madison Way Gorham, ME 04038

Estimated Value: $669,000 - $726,000

3 Beds
2.5 Baths
2,016 Sq Ft
$341/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $366,500 $182 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,211/month

111 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 new construction just completed in the picturesque Gordon Farms neighborhood near Gorham Village. This 3 bedroom, 2 1/2 bath colonial features a gorgeous open layout with front to back living room, second floor laundry room, and a luxurious large second floor bonus room with lots of natural sunlight and a fireplace plus a beautiful rear deck and full covered front farmer's porch, attached 2 car garage, and spacious basement abutting conservation land. This new home won't last long. Other styles and lots available!

Last Agent to Sell the Property

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 10/19/2018

Co-Listed By

Lucia Anderson

Dan Anderson Real Estate, Inc.

Last Buyer's Agent

Nicholas Dambrie

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.71 Acre Lot
  • 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

  • 2,016 Sq Ft Home
  • 1 Fireplace
  • Den
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 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
  • Heating System Uses Propane
  • 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 4 / 2
  • Assessor Parcel Number 49MadisonWay

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

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: 0.71
  • 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 last home on the right. *If you are using a GPS, use '79 Gordon Farms Rd' as your destination.
  • Above Grade Finished Sq Ft: 2016.0
  • 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 -: 0.71
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • 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
  • Heat Fuel:Propane: 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
  • 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
  • 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
  • Den:Den: 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
  • 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: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes

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: 30927.6
  • Parcel #: 49MadisonWay
  • Zoning: R

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Block: 2
  • Tax Book Number: 34804
  • Tax Lot: 4
  • Tax Map Number: 47
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Mar 11, 2019
Sold by
Diversified Props Inc
Bought by
Stjean Leah and Stjean Steve
Seller's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
Buyer's Agent
Nicholas Dambrie
Keller Williams Realty
List Price
$399,900
Sold Price
$366,500
Premium/Discount to List
-$33,400
-8.35%
Current Estimated Value
$686,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,194
Avg. Annual Appreciation
10.04%
Original Mortgage
$329,850
Outstanding Balance
$289,994
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$396,700
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
Stjean Leah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stjean Leah $329,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2019 03/11/19 Sold $366,500 -8.4% $182 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
10/18/2018 10/18/18 For Sale $399,900 -- $198 / 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 $6,855 $466,300 $90,100 $376,200
2023 $6,412 $466,300 $90,100 $376,200
2022 $5,555 $432,300 $90,100 $342,200
2021 $4,877 $251,400 $71,200 $180,200
2020 $4,777 $251,400 $71,200 $180,200
2019 $4,764 $251,400 $71,200 $180,200
2018 $1,296 $71,200 $71,200 $0
2017 $1,218 $71,200 $71,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexander Coupe

    Seller's Agent in 2019

    Alexander Coupe

    Dan Anderson Real Estate, Inc.

    (207) 838-4546

    2 in this area

    70 Total Sales

    Alexander Coupe
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lucia Anderson

    Dan Anderson Real Estate, Inc.

    (207) 878-3206

    18 Total Sales

    Lucia Anderson
    Section Image
  • Nicholas Dambrie

    Buyer's Agent in 2019

    Nicholas Dambrie

    Keller Williams Realty

    (207) 318-5451

    5 in this area

    172 Total Sales

    Nicholas Dambrie
    Section Image
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Map

Source: Maine Listings

MLS Number: 1374342

Maine Listings

APN: 47/ 2/ 4/ /

Maine Cumberland County Gorham 04038

45 Madison Way, Gorham, ME

This home is located at 45 Madison Way, Gorham, ME 04038 since 19 October 2018 and is currently estimated at $686,694, approximately $340 per square foot. This property was built in 2018. 45 Madison Way is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

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