NOT LISTED FOR SALE

46 Farrington Rd Gorham, ME 04038

Estimated Value: $440,000 - $508,696

1.4 Acres
$338,339 Price per Acre
60,984 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $110,000

Est. 331% increase in value since last sale

Current estimated payment $2,913/month

19 Days on Market

Highlights

  • No HOA
  • Village Elementary School Rated A-
  • Open Lot

About This Lot

As of November 2021

This 1.4-acre building lot is ready for your new home. Offers 200 feet of road frontage on a paved public road with electricity available along the frontage. There is a drilled well and existing 3-bedroom leach field located on the lot. A country feel yet only 4 miles to Gorham Village.

Last Agent to Sell the Property

Peter Mason

PO-GO REALTY Listed on: 09/29/2021

Last Buyer's Agent

Peter Mason

PO-GO REALTY Listed on: 09/29/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,580

Lot Details

  • 1.4 Acre Lot
  • Rural Setting
  • Open Lot
  • Property is zoned Rural

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number GRHM-000062-000005

Property Details

Property Type

Land

Est. Annual Taxes

$1,580

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gorham Village take RT25 West 3.6miles to right onto Farrington Road. Follow 0.5 miles to property on left.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.4
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Property Information:Mobile Homes Allowed: No
  • Electric:No Electric: Yes
  • Advertising Remarks:Advertising Remarks: This 1.4-acre building lot is ready for your new home. Offers 200 feet of road frontage on a paved public road with electricity available along the frontage. There is a drilled well and existing 3-bedroom leach field located on the lot. A country feel yet only 4 miles to Gorham Village.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: Gravel, On Site

Utilities

  • Electric: No Electric
  • Sewer: Septic Existing on Site
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Gorham Public Schools

Lot Info

  • Lot Size Sq Ft: 60984.0
  • Parcel #: GRHM-000062-000005
  • Zoning: Rural

Tax Info

  • Tax Annual Amount: 1580.0
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Johnson Family Homes Llc
Bought by
Johnson Lisa M and Johnson Colin K
Current Estimated Value
$473,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$222,295
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,379

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 19, 2021
Sold by
Cooper Deborah
Bought by
Johnson Family Homes Llc
Seller's Agent
Peter Mason
PO-GO REALTY
Buyer's Agent
Peter Mason
PO-GO REALTY
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.79%
Original Mortgage
$225,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Serenity Homes Llc
Bought by
Cooper Deborah and Cooper William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Lisa M -- None Available
Johnson Family Homes Llc -- None Available
Cooper Deborah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Lisa M $234,000
Previous Owner Johnson Family Homes Llc $225,000
Previous Owner Cooper Deborah $189,600
Previous Owner Cooper Deborah $47,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $110,000 -8.3% --
10/19/2021 10/19/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $119,900 -- --
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 $5,148 $350,200 $97,700 $252,500
2023 $4,815 $350,200 $97,700 $252,500
2022 $3,076 $239,400 $97,700 $141,700
2021 $1,579 $81,400 $81,400 $0
2020 $1,547 $81,400 $81,400 $0
2019 $3,009 $158,800 $81,400 $77,400
2018 $9,318 $158,800 $81,400 $77,400
2017 $2,715 $158,800 $81,400 $77,400
2016 $2,703 $159,000 $81,600 $77,400
2015 $2,592 $159,000 $81,600 $77,400
2014 $2,647 $152,100 $73,800 $78,300
2013 $2,631 $152,100 $73,800 $78,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1510512

Maine Listings

APN: GRHM-000062-000005