NOT LISTED FOR SALE

50 Cascade Flat Gorham, NH 03581

Estimated Value: $168,000 - $221,000

4 Beds
2 Baths
1,895 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $87,900 $46 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,382/month

6 Days on Market

Highlights

  • Water Views
  • Covered patio or porch
  • Garden
  • River Nearby
  • 2 Car Detached Garage
  • Outdoor Storage

About This Home

As of January 2017

Immaculate 2 Family property with two car detached garage with water and mountain views. Very well maintained inside and out with storage galore! Would make a great owner occupied residence with the opportunity of renting out the 2nd floor apartment to assist with living expenses. Beautiful yard with a nice spot to relax down by the Androscoggin River. Quiet location and just mere minutes away from town amenities as well the city of Berlin, NH. Apartment #1 features eat in kitchen, living room, 2 bedrooms, full bath, storage area, enclosed front and rear porches. Apartment #2 features eat in kitchen, living room, 2 bedrooms, full bath, additional space (finished attic), storage area, enclosed front and rear porches. Full dry basement with additional storage area.

Last Agent to Sell the Property

Matthew Martel

RE/MAX Northern Edge Realty LLC License #062025 Listed on: 11/16/2016

RE/MAX Northern Edge Realty LLC

Last Buyer's Agent

Simon Wells

EXIT Realty Trailblazers License #070697

EXIT Realty Trailblazers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot
  • Garden

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior Basement Entry
  • Basement Storage

Outdoor Features

  • River Nearby
  • Covered patio or porch
  • Outdoor Storage

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,000

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Traveling south out of Berlin, turn left onto Cascade Flats. After a short distance the property will be on your left.
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 46.39
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4525
  • Sq Ft - Apx Total Finished: 1895
  • Year Built: 1920
  • Remarks Public: Immaculate 2 Family property with two car detached garage with water and mountain views. Very well maintained inside and out with storage galore! Would make a great owner occupied residence with the opportunity of renting out the 2nd floor apartment to assist with living expenses. Beautiful yard with a nice spot to relax down by the Androscoggin River. Quiet location and just mere minutes away from town amenities as well the city of Berlin, NH. Apartment #1 features eat in kitchen, living room, 2 bedrooms, full bath, storage area, enclosed front and rear porches. Apartment #2 features eat in kitchen, living room, 2 bedrooms, full bath, additional space (finished attic), storage area, enclosed front and rear porches. Full dry basement with additional storage area.
  • List Agent: 12552
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Stairs - Interior, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 1895
  • Sq Ft - Apx Unfinished AG: 1547
  • Sq Ft - Apx Unfinished BG: 1083

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Garden Space, Porch - Covered, Storage
  • Water Body Type: River
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Parking: Driveway, Garage, Paved
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Electric Meters: 2

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: 29
  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: Level, Mountain View, River, Sloping, View, Water View
  • Surveyed: Unknown
  • Zoning: RA
  • Deed Book: 800
  • Deed Page: 713
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 2000.18
  • Tax Year: 2016

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

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

Closed on
Jul 23, 2021
Sold by
Brennan Debra
Bought by
Downes Jaron
Current Estimated Value
$196,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Outstanding Balance
$126,703
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,601

Purchase Details

Listed on
Nov 16, 2016
Closed on
Jan 25, 2017
Sold by
Adinolfi Victor R
Bought by
Brennan John and Brennan Debra
Seller's Agent
Matthew Martel
RE/MAX Northern Edge Realty LLC
Buyer's Agent
Simon Wells
EXIT Realty Trailblazers
List Price
$89,900
Sold Price
$87,900
Premium/Discount to List
-$2,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$229,191
Interest Rate
4.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Downes Jaron $145,000 None Available
Brennan John $87,933 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downes Jaron $137,750
Closed Downes Jaron $5,510
Previous Owner Brennan John $229,191
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2017 01/20/17 Sold $87,900 -2.2% $46 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $89,900 -- $47 / 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 $3,576 $126,400 $25,500 $100,900
2023 $3,103 $126,400 $25,500 $100,900
2022 $3,065 $126,400 $25,500 $100,900
2021 $2,300 $64,600 $12,400 $52,200
2020 $2,058 $64,600 $12,400 $52,200
2019 $2,182 $64,600 $12,400 $52,200
2018 $2,359 $64,600 $12,400 $52,200
2017 $2,998 $88,300 $12,400 $75,900
2014 $1,927 $62,800 $11,900 $50,900
2010 $1,770 $73,900 $17,200 $56,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4609298

PrimeMLS

APN: GORH-000015-000000-000029-U000000