NOT LISTED FOR SALE

473 Libby Ave Gorham, ME 04038

Estimated Value: $651,000 - $779,000

2.25 Acres
$320,266 Price per Acre
98,010 Sq Ft Lot

Last Sold March 12, 2015

Last sale price $64,000 $45 Per Sq Ft

Est. 1,026% increase in value since last sale

Current estimated payment $4,678/month

175 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Nearby Water Access
  • 2.25 Acre Lot
  • Great Falls Elementary School Rated A-
  • Scenic Views
  • Wooded Lot

About This Lot

As of March 2015

2+ Acre Sloping Lot with Views to the West. Great location with lots of sun for passive solar home. Aprox. 200 feet on Tannery Brook and easy access to The Little River. Has a dug well and a septic design has been completed. Build your Dream Home here.

Last Agent to Sell the Property

Robert McLellan

Allied Real Estate Listed on: 08/20/2014

Last Buyer's Agent

Nancy Field

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $919

Lot Details

  • 2.25 Acre Lot
  • Home fronts a stream
  • 200 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned SR

Parking

  • Gravel Driveway

Property Views

  • Scenic Vista
  • Woods

Utilities

  • Natural Gas Not Available
  • Private Water Source
  • Well
  • Septic Needed
  • Septic Design Available

Additional Features

  • Suburban Location
  • Pasture

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 473Libby AvenueGorham5012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Nearby Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$919

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.25
  • Road Surface Type: Paved
  • Water Body Name: Tannery Brook
  • MLS Status: Closed
  • Directions: Rt 202(Gray Road) in Gorham to Libby Road heading north. End of road on the left.
  • Property Information:Lot Size Acres -: 2.25
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Recreational Water:Nearby: Yes
  • Water Info:Waterfront Amount -: 200.0
  • Water Info:Water Frontage Owned -: 200.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Sewer:Septic Needed: Yes
  • Site:PastureField: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Pasture, Near Shopping, Neighborhood, Suburban
  • View: Scenic, Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes

Garage/Parking

  • Parking Features: 1 - 4 Spaces, Gravel, Other

Utilities

  • Electric: On Site
  • Sewer: Septic Design Available, Septic Needed
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 98010.0
  • Parcel #: 473Libby AvenueGorham5012
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 919.0
  • Tax Book Number: 30960
  • Tax Lot: 12
  • Tax Map Number: 50
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2014
Closed on
Mar 13, 2015
Sold by
Hurteau Nathaniel W
Bought by
Svendsen James M and Ames Nancy G
Seller's Agent
Robert McLellan
Allied Real Estate
Buyer's Agent
Nancy Field
Keller Williams Realty
List Price
$89,900
Sold Price
$64,000
Premium/Discount to List
-$25,900
-28.81%
Current Estimated Value
$720,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,598
Avg. Annual Appreciation
26.93%
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
Svendsen James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svendsen James M $155,000
Closed Ames Nancy G $150,000
Open Ames Nancy G $373,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2015 03/12/15 Sold $64,000 -28.8% $45 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
08/20/2014 08/20/14 For Sale $89,900 -- $63 / 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 $7,969 $542,100 $104,200 $437,900
2023 $7,454 $542,100 $104,200 $437,900
2022 $6,966 $542,100 $104,200 $437,900
2021 $6,945 $358,000 $77,500 $280,500
2020 $6,802 $358,000 $77,500 $280,500
2019 $6,784 $358,000 $77,500 $280,500
2018 $6,485 $356,300 $77,500 $278,800
2017 $6,093 $356,300 $77,500 $278,800
2016 $6,061 $356,500 $77,700 $278,800
2015 $954 $58,500 $58,500 $0
2014 $934 $53,700 $53,700 $0
2013 $919 $53,100 $53,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1150889

Maine Listings

APN: GRHM-000050-000012