NOT LISTED FOR SALE

49 Madison Way Gorham, ME 04038

Estimated Value: $617,726 - $664,000

4 Beds
2.5 Baths
2,000 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $407,500 $204 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,964/month

158 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • View of Trees or Woods
  • Property is near public transit
  • Great Falls Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of September 2019

ONLY 3 LOTS LEFT!!! new construction starting soon on most desirable lot in a picturesque community w/26+/- acres of open space, trails, & conservation land all located in private, wooded neighborhood just minutes from downtown Gorham Village. This 4 bedroom, 2 1/2 bath colonial features a gorgeous open layout w/formal dining room, front to back living room, 2nd floor laundry room, attached 2 car garage, spacious basement, Options for luxurious 2nd floor master bedroom w/spacious walk in closet & full bath w/double vanity sinks. Other upgrade options include a beautiful rear deck overlooking wooded conservation land, kitchen island, garage dormer, paved drive, finished master suite with double vanities & large walk-in closet.

Last Agent to Sell the Property

Alexander Coupe

Dan Anderson Real Estate, Inc. Listed on: 07/08/2019

Last Buyer's Agent

Joshua Lagasse

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,321

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 35,719 Sq Ft Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Open Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Home to be built
  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Views of Woods
  • Fire Sprinkler System
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

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

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Underground Utilities
  • Septic System

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number GRHM-000047-000002-000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0.82 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.82
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Gordon Farms Road to the end, turn onto Madison Way, Home is on the last lot on the right at the turnaround.
  • Above Grade Finished Sq Ft: 2000.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2019
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 207.45
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.82
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2000.0
  • 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
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: Yes
  • Property Condition:To Be Built: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Roads:Dead End: Yes
  • Driveway:Gravel: Yes
  • View:TreesWoods: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Appliances Included:Gas Range: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Location:Abuts Conservation: Yes
  • Electric:Underground: Yes
  • Transportation:Public Transport Access: Yes
  • Misc Amenities Sprinkler: Yes
  • Amenities:Home Warranty: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: ONLY 3 LOTS LEFT!!! new construction starting soon on most desirable lot in a picturesque community w/26+/- acres of open space, trails, & conservation land all located in private, wooded neighborhood just minutes from downtown Gorham Village. This 3 bedroom, 1 1/2 bath colonial features a gorgeous open layout w/formal dining room, front to back living room, 2nd floor laundry room, attached 2 car garage, spacious basement, full covered front farmers porch & options for luxurious 2nd floor master bedroom w/spacious walk in closet & full bath w/double vanity sinks. Other upgrade options include a beautiful rear deck overlooking wooded conservation land, kitchen island, garage dormer, paved drive, finished master suite with double vanities & large walk-in closet.
  • Property Information 2 Detached Houses on 1 Lot: No
  • 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: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Neighborhood, Subdivided, Near Public Transit
  • View: Trees/Woods
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Property Condition: New Construction, To Be Built
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Gravel, On Site

Utilities

  • Laundry Features: Upper Level
  • Security: Sprinkler
  • 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: 35719.2
  • Parcel #: GRHM-000047-000002-000003
  • Zoning: R

Tax Info

  • Tax Annual Amount: 1321.0
  • Tax Block: 2
  • Tax Lot: 3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Sep 6, 2019
Sold by
Diversified Properties
Bought by
Shinay Christopher J and Shinay Shavonne R
Seller's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
Buyer's Agent
Joshua Lagasse
RE/MAX Realty One
List Price
$389,900
Sold Price
$407,500
Premium/Discount to List
$17,600
4.51%
Current Estimated Value
$643,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,432
Avg. Annual Appreciation
7.21%
Original Mortgage
$387,125
Outstanding Balance
$337,575
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$306,357
Source: Public Records

Range of Values:

--
Value Increase
--
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

Date Buyer Sale Price Title Company
Shinay Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinay Christopher J $387,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $407,500 +4.5% $204 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $389,900 -- $195 / Sq Ft
Source: Maine Listings

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
2025 $6,274 $423,900 $93,600 $330,300
2024 $6,231 $423,900 $93,600 $330,300
2023 $5,829 $423,900 $93,600 $330,300
2022 $5,447 $423,900 $93,600 $330,300
2021 $4,974 $256,400 $72,600 $183,800
2020 $4,872 $256,400 $72,600 $183,800
2019 $1,376 $72,600 $72,600 $0
2018 $1,321 $72,600 $72,600 $0
2017 $1,241 $72,600 $72,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1404608

Maine Listings

APN: 47/ 2/ 3/ /

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