Seller's Agent in 2025
Elizabeth Freeman
Portside Real Estate Group
(415) 385-8929
3 in this area
22 Total Sales
50 Gray Rd Gorham, ME 04038
3
Beds
1.5
Baths
1,440
Sq Ft
0.38
Acres
Highlights
- Colonial Architecture
- Wood Flooring
- Solid Surface Countertops
- Great Falls Elementary School Rated A-
- 1 Fireplace
- No HOA
About This Home
As of April 2025This charming three-bedroom colonial home with a two-car garage is inviting and filled with beautiful natural light. The property features a spacious, fenced-in backyard, perfect for gardening, complete with a shed and an unused chicken coop. It is conveniently located just minutes from the wonderful amenities in Gorham Village! On the first floor, you will find a welcoming living area with character and charm. Upstairs, there are three bright bedrooms and a full bathroom. The home has undergone numerous upgrades and repairs since it was last on the market, including updated electrical work, new light fixtures, a new back door, and new flooring and subflooring. Additionally, there is a brand-new fire pit and several other minor repairs have been completed. This property is situated in the heart of town, within walking distance of the Farmer's Market, local restaurants, the library, the grocery store, and the USM campus. Don't wait to make this lovely home yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,421
Year Built
- Built in 1951
Lot Details
- 0.38 Acre Lot
- Fenced
- Level Lot
Parking
- 2 Car Direct Access Garage
- Driveway
- Off-Street Parking
Home Design
- Colonial Architecture
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,440 Sq Ft Home
- 1 Fireplace
- Living Room
- Dining Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Solid Surface Countertops
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Sump Pump
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Natural Gas Not Available
- Water Not Available
- Electric Water Heater
Additional Features
- Outbuilding
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 25
- Assessor Parcel Number GRHM-000100-000025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Apr 17, 2025
Sold by
Bragg Renee
Bought by
Bennett William
Seller's Agent
Elizabeth Freeman
Portside Real Estate Group
Buyer's Agent
Martin Norton
Keller Williams Realty
List Price
$490,000
Sold Price
$480,000
Premium/Discount to List
-$10,000
-2.04%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,487
Avg. Annual Appreciation
0.66%
Original Mortgage
$355,000
Outstanding Balance
$353,418
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$128,069
Purchase Details
Listed on
Jul 21, 2023
Closed on
Aug 8, 2023
Sold by
Atkinson Michael R and Mazaris Kelly A
Bought by
Bragg Renee
Seller's Agent
Kelley Skillin-Smith
Century 21 First Choice Realty
Buyer's Agent
Elizabeth Freeman
Portside Real Estate Group
List Price
$419,900
Sold Price
$460,000
Premium/Discount to List
$40,100
9.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$322,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Available | |
| Warranty Deed | $480,000 | None Available | |
| Warranty Deed | $460,000 | None Available | |
| Warranty Deed | $460,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $355,000 | Purchase Money Mortgage | |
| Closed | $355,000 | Purchase Money Mortgage | |
| Previous Owner | $322,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $480,000 | -2.0% | $333 / Sq Ft | |
| 03/13/2025 03/13/25 | For Sale | $490,000 | +6.5% | $340 / Sq Ft | |
| 08/08/2023 08/08/23 | Sold | $460,000 | +9.5% | $319 / Sq Ft | View Prior Sale |
| 07/25/2023 07/25/23 | Pending | -- | -- | -- | |
| 07/21/2023 07/21/23 | For Sale | $419,900 | -- | $292 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,726 | $321,500 | $128,200 | $193,300 |
| 2023 | $4,421 | $321,500 | $128,200 | $193,300 |
| 2022 | $4,131 | $321,500 | $128,200 | $193,300 |
| 2021 | $3,624 | $186,800 | $89,000 | $97,800 |
| 2020 | $3,549 | $186,800 | $89,000 | $97,800 |
| 2019 | $3,540 | $186,800 | $89,000 | $97,800 |
| 2018 | $3,400 | $186,800 | $89,000 | $97,800 |
| 2017 | $3,194 | $186,800 | $89,000 | $97,800 |
| 2016 | $3,176 | $186,800 | $89,000 | $97,800 |
| 2015 | $3,045 | $186,800 | $89,000 | $97,800 |
| 2014 | $2,615 | $150,300 | $66,200 | $84,100 |
| 2013 | $2,600 | $150,300 | $66,200 | $84,100 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Freeman
-
Martin Norton
M
Buyer's Agent in 2025
Martin Norton
Keller Williams Realty
(207) 408-6861
8 in this area
109 Total Sales
-
Kelley Skillin-Smith
K
Seller's Agent in 2023
Kelley Skillin-Smith
Century 21 First Choice Realty
(207) 632-0813
22 in this area
87 Total Sales
Map
Source: Maine Listings
MLS Number: 1616113
APN: GRHM-000100-000025
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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