$145,000
SOLD JUL 23, 2021 RENTED NOV 1, 2024

50 Cascade Flats Gorham, NH 03581

6 Beds
2 Baths
1,895 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

8 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Wood Flooring
  • Covered patio or porch
  • River Front
  • New Englander Architecture
  • 2 Car Detached Garage

About This Home

As of July 2021

GORHAM: This 2 Unit home with detached 2 car garage has a peaceful setting with great frontage on the Androscoggin River. Enjoy the views from the covered porch or sit along the banks on the lush green grass! This home offers you a place to come to ski Wildcat or Sunday River. If you are really an outdoor enthusiast you may also hike/ski Mount Washington just minutes away. Enjoy Gorham for its many restaurants, hiking, views and ATV trails too. The home offers you the option to rent one unit and live in the other. The first floor unit offers an eat in kitchen, 2 bedrooms and 1 full bath. The 2nd floor unit offers Kitchen area, living area, 2 bedrooms on the main level and 2 bedrooms on the 3rd level. Great opportunity for affordable housing in Gorham NH. Showings Begin at open House 6/12/2021 10am-2pm.

Last Agent to Sell the Property

Maureen Garrette

KW Coastal and Lakes & Mountains Realty/N Conway License #038984 Listed on: 06/07/2021

KW Coastal and Lakes & Mountains Realty/N Conway

Last Buyer's Agent

Michael Gagne

The Mullen Realty Group, LLC License #055064

The Mullen Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • River Front
  • Partially Fenced Property
  • Landscaped
  • Interior Lot
  • Lot Sloped Up
  • Garden

Parking

  • 2 Car Detached Garage

Property Views

  • Water
  • Mountain

Home Design

  • New Englander Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Covered patio or porch

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 29

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,056

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: New Englander
  • Directions: Traveling South out of Berlin Turn Left onto Cascade Flats. Property on Left.
  • Flood Zone: Yes
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 76.52
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2978
  • Sq Ft - Apx Total Finished: 1895
  • Property Type: Multi-Family
  • Year Built: 1920
  • Remarks Public: GORHAM: This 2 Unit home with detached 2 car garage has a peaceful setting with great frontage on the Androscoggin River. Enjoy the views from the covered porch or sit along the banks on the lush green grass! This home offers you a place to come to ski Wildcat or Sunday River. If you are really an outdoor enthusiast you may also hike/ski Mount Washington just minutes away. Enjoy Gorham for its many restaurants, hiking, views and ATV trails too. The home offers you the option to rent one unit and live in the other. The first floor unit offers an eat in kitchen, 2 bedrooms and 1 full bath. The 2nd floor unit offers Kitchen area, living area, 2 bedrooms on the main level and 2 bedrooms on the 3rd level. Great opportunity for affordable housing in Gorham NH. Showings Begin at open House 6/12/2021 10am-2pm.
  • L A1 M M S I Memberkey: 13331
  • List Agent: 18534
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 71410
  • S A1 M M S I Memberkey: 18128
  • S A2 M M S I Memberkey: 622162
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 75730
  • S O2 Homesnapcom: Yes
  • S O2 M M S I Officekey: 75730
  • S A2 User Code: 622162
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Manufactured, Vinyl, Wood
  • Total Rooms Above Ground: 10
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished, Interior Access, Stairs - Basement
  • Sq Ft - Apx Finished AG: 1895
  • Sq Ft - Apx Unfinished BG: 1083

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Other
  • Features Exterior: Fence - Partial, Garden Space, Porch - Covered
  • Water Body Type: River
  • Water Restrictions: Unknown
  • Water Body Name 2: Androscoggin River
  • Waterfront: Yes
  • Waterfront Rights: Exclusively Owned
  • Water View: Yes

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Cable Company: Spectrum
  • Electric: 200 Amp
  • Fuel Company: CN Brown
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Electric Company: Eversource
  • Separate Utilities: Varies
  • Total Electric Meters: 2
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

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: Interior Lot, Landscaped, Mountain View, River Frontage, Sloping, Water View
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 1458
  • Deed Page: 0217
  • Deed Recorded Type: Warranty

Multi Family

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

Tax Info

  • Tax Gross Amount: 2056
  • 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
Jun 7, 2021
Closed on
Jul 23, 2021
Sold by
Brennan Debra
Bought by
Downes Jaron
Seller's Agent
Maureen Garrette
KW Coastal and Lakes & Mountains Realty/N Conway
Buyer's Agent
Michael Gagne
The Mullen Realty Group, LLC
List Price
$145,000
Sold Price
$145,000
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.
Estimated Appreciation
$51,304
Avg. Annual Appreciation
7.89%
Original Mortgage
$137,750
Outstanding Balance
$126,703
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$69,601

Purchase Details

Closed on
Jan 25, 2017
Sold by
Adinolfi Victor R
Bought by
Brennan John and Brennan Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,191
Interest Rate
4.16%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $145,000 None Available
Warranty Deed $87,933 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,750 Purchase Money Mortgage
Closed $5,510 Second Mortgage Made To Cover Down Payment
Previous Owner $229,191 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Rented $1,525 +1.7% --
09/09/2024 09/09/24 For Rent $1,500 0.0% --
07/23/2021 07/23/21 Sold $145,000 0.0% $77 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $145,000 -- $77 / 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: 4865150

PrimeMLS

APN: GORH-000015-000000-000029-U000000