$367,900
SOLD NOV 25, 2024

508 Ossipee Trail E Gorham, ME 04038

3 Beds
1 Bath
1,111 Sq Ft
1 Acres

Recently Sold

$331 Per Sq Ft

8% Below List Price

48 Days on Market

Highlights

  • Public Beach
  • Deck
  • New Englander Architecture
  • Village Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of November 2024

NEAR SEBAGO LAKE just minutes to one of the best lakes in Maine. as well as restaraunts, and shopping. 3 BR 1 bath home on open and sunny 1 acre lot. Newer 3 car garage and large paved driveway. Home has many updates, kitchen, flooring, large deck, appliances, large 3 car garage and more. Subject to seller closing on new home 11/14/24.

Last Agent to Sell the Property

Phil Verrill

Verrill Real Estate, Inc Listed on: 08/27/2024

Co-Listed By

Chad Kirk

Verrill Real Estate, Inc

Last Buyer's Agent

Keith Nicely

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1940

Lot Details

  • 1 Acre Lot
  • Public Beach
  • Level Lot
  • Open Lot
  • Property is zoned SR

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • New Englander Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,111 Sq Ft Home
  • Living Room
  • Laundry Room
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 0018
  • Assessor Parcel Number 508ossipeetrailgorham04038

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,910

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2648
  • Co List Office Phone: 207-756-0649
  • MLS Status: Closed
  • Directions: Take Ossipee Trail #508 Rt 25, look for sign.
  • Above Grade Finished Sq Ft: 1111.0
  • Architectural Style: New Englander
  • Garage Yn: Yes
  • Year Built: 1940
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1111.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 3.0
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Water:Private2: Yes
  • Laundry Room:Laundry Room: Yes
  • Style:New Englander: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Bulkhead, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood, Carpet
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: First

Exterior Features

  • Lot Features: Open, Level, Near Public Beach, Near Town, Retail Strip
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • 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: 43560.0
  • Parcel #: 508ossipeetrailgorham04038
  • Zoning: SR

Tax Info

  • Tax Annual Amount: 2910.0
  • Tax Book Number: 33459
  • Tax Lot: 0018
  • Tax Map Number: 076
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Nov 25, 2024
Sold by
Sukeforth John and Davidson Harley
Bought by
Mitchell Kelly
Seller's Agent
Phil Verrill
Verrill Real Estate, Inc
Buyer's Agent
Keith Nicely
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$399,000
Sold Price
$367,900
Premium/Discount to List
-$31,100
-7.79%
Total Days on Market
48
Views
131
Current Estimated Value
$371,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,705
Avg. Annual Appreciation
1.81%
Original Mortgage
$361,235
Outstanding Balance
$359,179
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$12,426

Purchase Details

Closed on
Sep 21, 2016
Sold by
Sukeforth Gloria J
Bought by
Sukeforth John and Davidson Harley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,441
Interest Rate
3.25%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 $367,900 None Available
Warranty Deed $367,900 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $361,235 FHA
Closed $361,235 FHA
Previous Owner $100,000 Credit Line Revolving
Previous Owner $42,000 Unknown
Previous Owner $95,441 FHA
Previous Owner $77,000 Unknown
Previous Owner $61,500 Adjustable Rate Mortgage/ARM
Previous Owner $4,308 Unknown
Previous Owner $14,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $367,900 +2.2% $331 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $359,900 -2.7% $324 / Sq Ft
09/28/2024 09/28/24 Price Changed $369,900 -1.4% $333 / Sq Ft
09/13/2024 09/13/24 Price Changed $375,000 -3.6% $338 / Sq Ft
09/06/2024 09/06/24 Price Changed $389,000 -2.5% $350 / Sq Ft
08/27/2024 08/27/24 For Sale $399,000 -- $359 / 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 $3,478 $236,600 $73,200 $163,400
2023 $3,253 $236,600 $73,200 $163,400
2022 $3,040 $236,600 $73,200 $163,400
2021 $2,607 $134,400 $54,000 $80,400
2020 $2,554 $134,400 $54,000 $80,400
2019 $2,547 $134,400 $54,000 $80,400
2018 $1,840 $101,100 $54,000 $47,100
2017 $1,729 $101,100 $54,000 $47,100
2016 $1,719 $101,100 $54,000 $47,100
2015 $1,648 $101,100 $54,000 $47,100
2014 $1,580 $90,800 $49,700 $41,100
2013 $1,571 $90,800 $49,700 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1601761

Maine Listings

APN: GRHM-000076-000018