NOT LISTED FOR SALE

5 Cornucopia Way Gorham, ME 04038

Estimated Value: $692,603 - $733,000

4 Beds
2.5 Baths
2,234 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $345,000 $154 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,321/month

214 Days on Market

Highlights

  • 2.18 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Village Elementary School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of May 2017

MOTIVATED SELLER!!! Quintessential 4 bedroom, 2.5 bath Cape nestled in a quiet, neighborhood with a short commute to Gorham center. This beautiful 4 bedroom home, located on over two acre of land, is one of just a few homes on the Cornucopia Way. This gem offers a bright kitchen with granite countertops and gleaming hardwood floors, a private deck, a fireplace in the living rooms, and a large master suite over the 2-car attached garage! Open House will be Sept 25th from Noon-2.

Last Agent to Sell the Property

Hilary Phifer

Downeast Realty, Inc. Listed on: 09/01/2016

Last Buyer's Agent

Cindy Olsen

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1999

Lot Details

  • 2.18 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Rural Setting
  • Wooded Lot
  • Property is zoned RL

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,234 Sq Ft Home
  • 1 Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Parking

  • Direct Access Garage
  • Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number GRHM-000021-000013-000303

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,277

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.18
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • MLS Status: Closed
  • Directions: Take 114 towards Gorham Village, about 1 mile turn left at Waterhouse Road to Cornucopia Way
  • Above Grade Finished Sq Ft: 2234.0
  • Architectural Style: Contemporary, Colonial, Cape
  • Garage Yn: Yes
  • Year Built: 1999
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 154.43
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2234.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Roads:Private: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Gas:No Gas: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Location:Rural: Yes
  • Roads:GravelDirt: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Quintessential 4 bedroom, 2.5 bath Cape nestled in a quiet, neighborhood with a short commute to Gorham center. This beautiful home, located on over two acre of land, is one of just a few homes on the Cornucopia Way. This gem offers a bright kitchen with granite countertops and gleaming hardwood floors, a private deck, a fireplace in the living room, and a large master suite over the 2-car attached garage!
  • Special Features: None

Interior Features

  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Full Basement: Yes

Exterior Features

  • Lot Features: Wooded, Rural
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: 5 - 10 Spaces, Paved, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 94960.8
  • Parcel #: GRHM-000021-000013-000303
  • Zoning: RL

Tax Info

  • Tax Annual Amount: 4277.0
  • Tax Lot: 303
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Jul 11, 2017
Sold by
Ludwig Melanie M
Bought by
Tolman Kenneth B and Tolman Alyssa M
Seller's Agent
Hilary Phifer
Downeast Realty, Inc.
Buyer's Agent
Cindy Olsen
Keller Williams Realty
List Price
$378,000
Sold Price
$345,000
Premium/Discount to List
-$33,000
-8.73%
Current Estimated Value
$719,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,151
Avg. Annual Appreciation
8.85%
Original Mortgage
$310,500
Outstanding Balance
$258,397
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$460,754

Purchase Details

Closed on
Dec 31, 2012
Sold by
Pappalardo Melanie M and Ludwig Melanie M
Bought by
Ludwig Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,800
Interest Rate
3.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2006
Sold by
Fox Alex and Fox Marina
Bought by
Pappalardo Melanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tolman Kenneth B -- --
Ludwig Melanie M -- --
Pappalardo Melanie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolman Kenneth B $310,500
Previous Owner Ludwig Melanie M $251,800
Previous Owner Pappalardo Melanie M $242,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2017 05/30/17 Sold $345,000 -8.7% $154 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $378,000 -- $169 / 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 $6,999 $476,100 $81,200 $394,900
2023 $6,546 $476,100 $81,200 $394,900
2022 $6,118 $476,100 $81,200 $394,900
2021 $5,091 $262,400 $69,300 $193,100
2020 $4,986 $262,400 $69,300 $193,100
2019 $4,972 $262,400 $69,300 $193,100
2018 $4,776 $262,400 $69,300 $193,100
2017 $4,487 $262,400 $69,300 $193,100
2016 $4,461 $262,400 $69,300 $193,100
2015 $4,277 $262,400 $69,300 $193,100
2014 $4,159 $239,000 $63,100 $175,900
2013 $4,135 $239,000 $63,100 $175,900
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hilary Phifer

    Downeast Realty, Inc.

  • C

    Buyer's Agent in 2017

    Cindy Olsen

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1280976

Maine Listings

APN: GRHM-000021-000013-000303

Maine Cumberland County Gorham 04038

5 Cornucopia Way, Gorham, ME

Not Listed for Sale

Detached

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