NOT LISTED FOR SALE

4A Cascade Flats Gorham, NH 03581

Estimated Value: $269,238 - $350,000

8 Beds
3 Baths
3,940 Sq Ft
$77/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $200,000 $51 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,101/month

4 Days on Market

Highlights

  • River Front
  • Zoned Heating
  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Baseboard Heating
  • High Speed Internet

About This Home

As of September 2021

This owner occupied three family has been meticulously kept and is a turn key investment property. It has two three bedroom units and a two bedroom unit, all of which are occupied. There have been many updates over the years but the owner says its time to pass the reigns over to someone else. The riverfront apartments make a lovely home and the huge yard offers plenty of space and parking for everyone. Make this your home or make this part of your investment portfolio. Either way its a terrific property.

Last Agent to Sell the Property

Wayne Micucci

RE/MAX Northern Edge Realty LLC License #056953 Listed on: 07/22/2021

RE/MAX Northern Edge Realty LLC

Last Buyer's Agent

Cassie Martin

RE/MAX Northern Edge Realty LLC

RE/MAX Northern Edge Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1960

Lot Details

  • 0.53 Acre Lot
  • River Front
  • Lot Sloped Up

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Off-Street Parking

Property Views

  • Water
  • Mountain

Home Design

  • Garden Home
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 3,940 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Shared Waterfront

Schools

  • Edward Fenn Elementary School
  • Gorham Middle School
  • Gorham High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 53

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Garden, Walkout Lower Level
  • Directions: Rt 16 - Berlin/Gorham Rd to southern end of Cascade Flats Rd
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 50.76
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3940
  • Sq Ft - Apx Total Finished: 3940
  • Year Built: 1960
  • Remarks Public: This owner occupied three family has been meticulously kept and is a turn key investment property. It has two three bedroom units and a two bedroom unit, all of which are occupied. There have been many updates over the years but the owner says its time to pass the reigns over to someone else. The riverfront apartments make a lovely home and the huge yard offers plenty of space and parking for everyone. Make this your home or make this part of your investment portfolio. Either way its a terrific property.
  • List Agent: 12542
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3940

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Membrane, Shingle - Asphalt
  • Water Body Type: River
  • Water Restrictions: Unknown
  • Water Body Name 2: Androscoggin River
  • Waterfront: Yes
  • Waterfront Rights: Shared
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Garage, Off Street, Parking Spaces 6+, Paved
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Under

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Multi Zone
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Water Heaters: 1
  • Trash: Municipal
  • Utilities: Cable, Internet - Cable

Schools

  • School District: Gorham School District SAU #20
  • Elementary School: Edward Fenn School
  • Middle School: Gorham Middle School
  • High School: Gorham High School
  • Elementary School: Edward Fenn School
  • High School: Gorham High School

Lot Info

  • Map: U15
  • Lot: 53
  • Lot Sq Ft: 23087
  • Lot Acres: 0.53
  • Lot Description: Mountain View, River Frontage
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 1416
  • Deed Page: 216
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3484
  • Tax Year: 2020

MLS Schools

  • School District: Gorham School District SAU #20
  • School Middle Jr: Gorham Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 16, 2021
Sold by
Veseskis Mark A and Veseskis Young O
Bought by
Rovero Benjamin M and Rovero David A
Seller's Agent
Wayne Micucci
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Cassie Martin
RE/MAX Northern Edge Realty LLC
List Price
$179,900
Sold Price
$200,000
Premium/Discount to List
$20,100
11.17%
Current Estimated Value
$304,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,310
Avg. Annual Appreciation
11.63%
Original Mortgage
$160,000
Outstanding Balance
$146,969
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,860

Purchase Details

Closed on
Mar 11, 2015
Sold by
Rheaume Normand P and Rheaume Judy J
Bought by
Veseskis Mark A and Veseskis Young O
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
Rovero Benjamin M $200,000 None Available
Veseskis Mark A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rovero Benjamin M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $200,000 +11.2% $51 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $179,900 -- $46 / Sq Ft
Source: PrimeMLS

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 $5,038 $178,100 $26,500 $151,600
2023 $4,372 $178,100 $26,500 $151,600
2022 $4,319 $178,100 $26,500 $151,600
2021 $3,895 $109,400 $14,100 $95,300
2020 $3,484 $109,400 $14,100 $95,300
2019 $3,694 $109,400 $14,100 $95,300
2018 $3,994 $109,400 $14,100 $95,300
2017 $5,558 $163,700 $14,100 $149,600
2014 $4,025 $131,200 $16,300 $114,900
2010 $2,512 $104,900 $23,800 $81,100
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Wayne Micucci

    RE/MAX

    Section Image
  • Cassie Martin

    Buyer's Agent in 2021

    Cassie Martin

    RE/MAX

    (603) 723-0972

    102 Total Sales

    Cassie Martin
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4873739

PrimeMLS

APN: GORH-000015-000000-000053-U000000

New Hampshire Coos County Gorham 03581

4A Cascade Flats, Gorham, NH

This home is located at 4A Cascade Flats, Gorham, NH 03581 since 22 July 2021 and is currently estimated at $304,310, approximately $77 per square foot. This property was built in 1960. 4A Cascade Flats is a home located in Coos County with nearby schools including Edward Fenn Elementary School, Gorham Middle School, and Gorham High School.

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