NOT LISTED FOR SALE

5 Magnolia Dr Gray, ME 04039

Estimated Value: $483,720 - $568,000

3 Beds
2.5 Baths
1,508 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $250,000 $166 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,096/month

145 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Wooded Lot
  • No HOA
  • Colonial Architecture
  • Wood Flooring
  • Porch

About This Home

As of March 2016

Brand New Construction, is currently being built. You have time to pick out colors, flooring, cabinets.

Last Agent to Sell the Property

Michael Cobb

Creative Realty Group, Inc. Listed on: 09/03/2015

Last Buyer's Agent

Shelly Plante

Bean Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1.6 Acre Lot
  • Wooded Lot

Home Design

  • 1,508 Sq Ft Home
  • Colonial Architecture
  • Composition Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub
  • Shower Only

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Hot Water Heating System
  • Underground Utilities
  • Generator Hookup
  • Natural Gas Not Available
  • Septic System
  • Private Sewer

Additional Features

  • Laundry on upper level
  • Porch
  • Property is near a golf course

Community Details

  • No Home Owners Association
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 001477

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.6
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1508.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2015
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 165.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.6
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1508.0
  • Property Information:Garage: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Property Condition:New Construction: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Sewer:Private Sewer: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Sewer:Septic Existing on Site: Yes
  • Electric:Generator Hookup: Yes
  • Location:Abuts Conservation: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Brand New Construction, currently being built. Pick out your colors.
  • Special Features: NewHome

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, Bathtub, Shower, Primary Bedroom w/Bath
  • Full Basement: Yes

Exterior Features

  • Lot Features: Wooded, Abuts Conservation, Near Golf Course, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Porch
  • Property Condition: New Construction
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel, Garage Door Opener

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, Direct Vent Furnace
  • Heating Yn: Yes
  • Electric: Underground, Generator Hookup, Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69696.0
  • Parcel #: 001477
  • Zoning: res

Tax Info

  • Tax Annual Amount: 836.0
  • Tax Lot: 14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Mar 24, 2016
Sold by
May Meadow Builders Inc
Bought by
Wheeler Nathan and Wheeler Judith J
Seller's Agent
Michael Cobb
Creative Realty Group, Inc.
Buyer's Agent
Shelly Plante
Bean Group
List Price
$244,900
Sold Price
$250,000
Premium/Discount to List
$5,100
2.08%
Current Estimated Value
$521,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,180
Avg. Annual Appreciation
7.85%
Original Mortgage
$257,069
Outstanding Balance
$202,353
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$318,827
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
Wheeler Nathan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Nathan $257,069
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $250,000 +2.1% $166 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $244,900 -- $162 / 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
2025 $4,356 $450,000 $133,100 $316,900
2024 $4,365 $450,000 $133,100 $316,900
2023 $4,924 $324,400 $78,000 $246,400
2022 $4,525 $324,400 $78,000 $246,400
2021 $4,221 $288,900 $78,000 $210,900
2020 $4,143 $280,900 $78,000 $202,900
2019 $4,143 $280,900 $78,000 $202,900
2018 $3,933 $280,900 $78,000 $202,900
2017 $3,904 $216,300 $63,700 $152,600
2016 $3,958 $216,300 $63,700 $152,600
2015 $832 $45,700 $45,700 $0
2014 $832 $45,700 $45,700 $0
2012 $724 $45,700 $45,700 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Cobb

    Creative Realty Group, Inc.

    (207) 657-3333

    3 in this area

    4 Total Sales

    Michael Cobb
    Section Image

  • S

    Buyer's Agent in 2016

    Shelly Plante

    Bean Group

See All Agents

Map

Source: Maine Listings

MLS Number: 1236215

Maine Listings

APN: GRAY-000036-000025-000421-000014

Maine Cumberland County Gray 04039

5 Magnolia Dr, Gray, ME

Not Listed for Sale

Detached

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