NOT LISTED FOR SALE

Estimated Value: $461,000 - $533,000

3 Beds
2 Baths
1,843 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2022

Last sale price $420,000 $228 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,038 / mo

2 Days on Market

Highlights

  • 1.01 Acre Lot
  • Colonial Architecture
  • Main Floor Bedroom
  • Great Falls Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of September 2022

Investors/flippers/first time home buyers take notice! In-demand duplex conveniently located in Gorham steps from Mountain Division Trail and convenient commute to USM and Gorham schools. Centrally located between Sebago Lake and the ocean! Includes 2 car garage with storage overhead (new roof 2021) and additional shed for storage. Owner-occupy and get a little help with your mortgage or let current tenants take care of it. First floor unit includes recent kitchen updates (floor, cabinets, counter, sink, and fridge!). 2 Bedrooms on first floor, 2-3 on Second floor unit. Separate washer/dryer for each unit for onsite laundry! Foam insulation in 2010 in exterior walls, basement, and attic. Located in Gorham's Urban Residential Zone. Just over an acre with ample paved parking. Both units are currently occupied on month to month leases. Market rent approximately $1,800 plus utilities. Vacant units typically fill within 24 hours. Start building equity and investing in your future today! Group showings on Friday 4-5:30 PM during the Open House Saturday 10-Noon.

Last Agent to Sell the Property

Carol Kline

Kline Realty Group Listed on: 07/07/2022

Last Buyer's Agent

Matthew Lamontagne Gena Lamontagne

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1900

Lot Details

  • 1.01 Acre Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • 1,843 Sq Ft Home
  • Colonial Architecture
  • New Englander Architecture
  • Farmhouse Style Home
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Septic System

Additional Features

  • Shed
  • Property is near shops

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number GRHM-000111-000006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,744

Year Built

Built in 1900

Lot Details

1.01 Acres

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.01
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From the Rotary on 202 take Newell St (RT 237) to property on the right.
  • Above Grade Finished Sq Ft: 1843.0
  • Architectural Style: Colonial, Farmhouse, New Englander
  • Garage Yn: Yes
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 216.98
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.01
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1843.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 34800.0
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Sewer:Septic Existing on Site: Yes
  • Vehicle Storage:Storage Above: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Other Structures:Shed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Other Structures: Shed(s)
  • Roof: Metal, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: 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: 43995.6
  • Parcel #: GRHM-000111-000006
  • Zoning: UR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800.0

Tax Info

  • Tax Annual Amount: 3744.0
  • Tax Lot: 6
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 1, 2022
Sold by
Bought by
Seller's Agent
Carol Kline
Kline Realty Group
Buyer's Agent
Matthew Lamontagne Gena Lamontagne
Bean Group
List Price
$399,900
Sold Price
$420,000
Premium/Discount to List
$20,100
5.03%
Current Estimated Value
$496,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,317
Avg. Annual Appreciation
4.41%
Original Mortgage
$336,000
Interest Rate
0.0554%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
0.0536%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$420,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $336,000
Previous Owner $8,200
Previous Owner $187,822
Closed $181,649
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $420,000 +5.0% $228 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $399,900 -- $217 / Sq Ft
Source: Maine Listings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,286 $289,600 $72,800 $216,800
2024 $4,257 $289,600 $72,800 $216,800
2023 $3,982 $289,600 $72,800 $216,800
2022 $3,721 $289,600 $72,800 $216,800
2021 $3,744 $193,000 $70,200 $122,800
2020 $3,667 $193,000 $70,200 $122,800
2019 $3,657 $193,000 $70,200 $122,800
2018 $3,156 $193,000 $70,200 $122,800
2017 $3,300 $193,000 $70,200 $122,800
2016 $3,281 $193,000 $70,200 $122,800
2015 $3,146 $193,000 $70,200 $122,800
2014 $3,061 $175,900 $56,200 $119,700
2013 $3,043 $175,900 $56,200 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1535374

Maine Listings

APN: GRHM-000111-000006

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