NOT LISTED FOR SALE

45 Portland Rd Gray, ME 04039

Estimated Value: $381,000

1 Acre
$381,000 Price per Acre
43,560 Sq Ft Lot

Last Sold May 08, 2019

Last sale price $200,000

Est. 90% increase in value since last sale

Current estimated payment $2,388/month

175 Days on Market

About This Lot

As of May 2019

Pleased to offer 1 +/- acre of development land along Rt. 100 in Gray, ME. This is the 1st lot coming available in a new commercial subdivision. Ask broker for more details. The lot is improved by a 30'x24' commercial building w/ a warp around porch on 2 sides. The building was previously used as a driving range sales center & retail golf store. Excellent traffic counts on Rt. 100 & close proximity to I-95, Gray Plaza Shopping Center, & USPS make this an excellent opportunity for a number of retail uses.

Last Agent to Sell the Property

Michael Cobb

Cardente Real Estate, LLC Listed on: 09/12/2018

Last Buyer's Agent

Kevin Fletcher

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,812

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned Commercial

Parking

  • Gravel Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 176
  • Assessor Parcel Number 45PortlandRdGrayME04039

Property Details

Property Type

Land

Est. Annual Taxes

$2,812

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • MLS Status: Closed
  • Directions: From Portland, North on 95, exit 63, right on 202, right on Portland Rd - also Rt 100/26, pass Gray Plaza Shopping Center, 45 Portland Rd will be on your left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Gravel: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No

Garage/Parking

  • Parking Features: 5 - 10 Spaces, Gravel

Utilities

  • Electric: Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 45PortlandRdGrayME04039
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 2812.0
  • Tax Book Number: 12792
  • Tax Lot: 176
  • Tax Map Number: 43
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
May 8, 2019
Sold by
Tee Em Up
Bought by
Bell Management Llc
Seller's Agent
Michael Cobb
Cardente Real Estate, LLC
Buyer's Agent
Kevin Fletcher
Keller Williams Realty
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$381,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,000
Original Mortgage
$160,000
Outstanding Balance
$140,098
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2017
Sold by
Tee Em Up Inc
Bought by
Graiver Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bell Management Llc -- --
Graiver Homes Inc -- --
Graiver Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Management Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2019 05/08/19 Sold $200,000 -12.7% --
03/07/2019 03/07/19 Pending -- -- --
09/12/2018 09/12/18 For Sale $229,000 -- --
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 $4,418 $455,500 $455,500 $0
2023 $4,045 $266,500 $266,500 $0
2022 $3,718 $266,500 $266,500 $0
2021 $3,894 $266,500 $266,500 $0
2020 $3,931 $266,500 $266,500 $0
2019 $4,834 $327,700 $285,100 $42,600
2018 $4,588 $327,700 $285,100 $42,600
2017 $2,960 $155,800 $114,100 $41,700
2016 $2,851 $155,800 $114,100 $41,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Cobb

    Cardente Real Estate, LLC

  • Kevin Fletcher

    Buyer's Agent in 2019

    Kevin Fletcher

    Keller Williams Realty

    (617) 462-9826

    1 in this area

    82 Total Sales

    Kevin Fletcher
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Map

Source: Maine Listings

MLS Number: 1369623

Maine Listings

APN: 043-404-176-001

Maine Cumberland County Gray 04039

45 Portland Rd, Gray, ME

This home is located at 45 Portland Rd, Gray, ME 04039 since 12 September 2018 and is currently priced at $381,000. 45 Portland Rd is a home located in Cumberland County with nearby schools including Gray-New Gloucester High School and Fiddlehead School of Arts & Science.

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