NOT LISTED FOR SALE

5 Krames Point Rd Gray, ME 04039

Estimated Value: $714,000 - $1,101,376

3 Beds
2 Baths
1,728 Sq Ft
$511/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $188,000 $109 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $5,370/month

28 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Wood Flooring
  • Air Conditioning
  • Contemporary Architecture
  • No HOA
  • Level Lot

About This Home

As of November 2012

This home is located at 5 Krames Point Rd, Gray, ME 04039 since 19 August 2012 and is currently estimated at $882,844, approximately $510 per square foot. This property was built in 1984. 5 Krames Point Rd is a home located in Cumberland County with nearby schools including Gray-New Gloucester High School.

Last Agent to Sell the Property

Derek Drumtra Ray

Krainin Real Estate Listed on: 08/19/2012

Last Buyer's Agent

NON-MREIS AGENT

Non MREIS Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1984

Lot Details

  • 0.38 Acre Lot
  • 70 Feet of Waterfront
  • Lake Front
  • Rural Setting
  • Level Lot
  • Property is zoned shoreland

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Mounted To A Wall or Window
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 5Krams Point RoadGrayL1358

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Water Body Name: Little Sebago
  • MLS Status: Closed
  • Directions: Rte 85 to Gore Rd Right onto Aquila Left onto Krams Point
  • Above Grade Finished Sq Ft: 1344.0
  • Architectural Style: Contemporary
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1344.0
  • Property Information:SqFt Finished Below Grade: 384.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Heat System:Stove: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Roof:Metal: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 70.0
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Cooling:AC Units: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 384.0

Exterior Features

  • Lot Features: Level, Rural
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Stove, Direct Vent Furnace
  • 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: 16552.8
  • Parcel #: 5Krams Point RoadGrayL1358
  • Zoning: shoreland

Tax Info

  • Tax Annual Amount: 1744.0
  • Tax Book Number: 27714
  • Tax Lot: 58
  • Tax Map Number: L13
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2012
Closed on
Oct 30, 2012
Sold by
Burbank William M
Bought by
Marcou Diane M
Seller's Agent
Derek Drumtra Ray
Krainin Real Estate
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$200,000
Sold Price
$188,000
Premium/Discount to List
-$12,000
-6%
Current Estimated Value
$882,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,844
Avg. Annual Appreciation
12.73%
Original Mortgage
$150,400
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Campbell Lynn and Campbell Kathleen
Bought by
Burbank William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
4.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2007
Sold by
Phoeniz James R and Phoenix Judy A
Bought by
Campbell Lynn and Campbell Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.25%
Mortgage Type
Unknown
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
Marcou Diane M -- --
Burbank William M -- --
Campbell Lynn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcou Diane M $150,400
Closed Campbell Lynn $141,600
Previous Owner Campbell Lynn $152,000
Previous Owner Campbell Lynn $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $188,000 -6.0% $109 / Sq Ft
09/19/2012 09/19/12 Pending -- -- --
08/21/2012 08/21/12 For Sale $200,000 -- $116 / 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 $8,490 $875,300 $249,400 $625,900
2023 $7,321 $482,300 $90,000 $392,300
2022 $6,728 $482,300 $90,000 $392,300
2021 $6,518 $446,100 $90,000 $356,100
2020 $4,165 $282,400 $90,000 $192,400
2019 $1,328 $90,000 $90,000 $0
2018 $3,300 $235,700 $90,000 $145,700
2017 $2,641 $139,000 $54,600 $84,400
2016 $2,544 $139,000 $54,600 $84,400
2015 $2,530 $139,000 $54,600 $84,400
2014 $2,530 $139,000 $54,600 $84,400
2012 $2,166 $136,632 $54,640 $81,992
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Derek Drumtra Ray

    Krainin Real Estate

  • N

    Buyer's Agent in 2012

    NON-MREIS AGENT

    Non MREIS Agency

See All Agents

Map

Source: Maine Listings

MLS Number: 1066395

Maine Listings

APN: GRAY-000024-000313-000058

Maine Cumberland County Gray 04039

5 Krames Point Rd, Gray, ME

This home is located at 5 Krames Point Rd, Gray, ME 04039 since 19 August 2012 and is currently estimated at $882,844, approximately $510 per square foot. This property was built in 1984. 5 Krames Point Rd is a home located in Cumberland County with nearby schools including Gray-New Gloucester High School.

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