NOT LISTED FOR SALE

54 Gray Rd Gorham, ME 04038

Estimated Value: $523,000 - $534,000

4 Beds
2 Baths
1,956 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $495,000 $253 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,242/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom
  • Great Falls Elementary School Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of October 2024

Come see this lovely older Cape located near Gorham village! This 4 bedroom home offers plenty of room to spread out. The first floor has a nice big living room/dining area with a fireplace, an attractive cherry kitchen with a woodstove, a bright cheery sunroom, two bedrooms and a full bath. Upstairs you'll find two more bedrooms, an extra central room and a bath with a shower. There is abundant outdoor space as well. The 22' x 16' deck leads down to a big flat lawn with ample room to garden and play. The house needs a little love and a few gallons of paint to spruce it up and make it your special new ''Home Sweet Home''. The town of Gorham offers a multitude of restaurants and is an ideal location less than 30 mins from Portland, the beaches and the lakes. OPEN HOUSE 9/15 10:00-12:00

Last Agent to Sell the Property

Constance Howe

Maine Real Estate Experts Brokerage Phone: 207-232-9108 Listed on: 09/12/2024

Last Buyer's Agent

Constance Howe

Maine Real Estate Experts Brokerage Phone: 207-232-9108 Listed on: 09/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 1955

Lot Details

  • 0.43 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned UR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,956 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Bonus Room

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater
  • Water Heated On Demand
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number GRHM-000099-000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,341

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St to Rte 202 Gray Rd. House is on the left
  • Above Grade Finished Sq Ft: 1956.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1955
  • Attribution Contact: 207-232-9108
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 253.07
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.43
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1956.0
  • 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
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Bonus Room:Bonus Room: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Come see this lovely older Cape located near Gorham village! This 4 bedroom home offers plenty of room to spread out. The first floor has a nice big living room/dining area with a fireplace, an attractive cherry kitchen with a woodstove, a bright cheery sunroom, two bedrooms and a full bath. Upstairs you'll find two more bedrooms, an extra central room and a bath with a shower. There is abundant outdoor space as well. The 22' x 16' deck leads down to a big flat lawn with ample room to garden and play. The house needs a little love and a few gallons of paint to spruce it up and make it your special new ''Home Sweet Home''. The town of Gorham offers a multitude of restaurants and is an ideal location less than 30 mins from Portland, the beaches and the lakes. OPEN HOUSE 9/15 10:00 - 12:00
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 18730.8
  • Parcel #: GRHM-000099-000001
  • Zoning: UR

Tax Info

  • Tax Annual Amount: 5341.0
  • Tax Lot: 1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 18, 2024
Sold by
Johnson Gary J and Johnson Lois B
Bought by
Moutinho Joseph and Moutinho Rosemary
Seller's Agent
Constance Howe
Maine Real Estate Experts
Buyer's Agent
Constance Howe
Maine Real Estate Experts
List Price
$495,000
Sold Price
$495,000
Views
20
Current Estimated Value
$527,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,965
Avg. Annual Appreciation
5.57%
Original Mortgage
$470,250
Outstanding Balance
$465,306
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,659
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moutinho Joseph -- None Available
Moutinho Joseph -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moutinho Joseph $470,250
Closed Moutinho Joseph $470,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $495,000 0.0% $253 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $495,000 -- $253 / 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 $5,709 $388,400 $130,300 $258,100
2023 $5,341 $388,400 $130,300 $258,100
2022 $4,991 $388,400 $130,300 $258,100
2021 $4,491 $231,500 $92,000 $139,500
2020 $4,399 $231,500 $92,000 $139,500
2019 $4,387 $231,500 $92,000 $139,500
2018 $4,213 $231,500 $92,000 $139,500
2017 $3,959 $231,500 $92,000 $139,500
2016 $3,936 $231,500 $92,000 $139,500
2015 $3,773 $231,500 $92,000 $139,500
2014 $3,309 $190,200 $68,600 $121,600
2013 $3,290 $190,200 $68,600 $121,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Constance Howe

    Maine Real Estate Experts

    (207) 232-9108

    3 in this area

    22 Total Sales

    Constance Howe
    Section Image
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Map

Source: Maine Listings

MLS Number: 1603463

Maine Listings

APN: GRHM-000099-000001

Maine Cumberland County Gorham 04038

54 Gray Rd, Gorham, ME

Not Listed for Sale

Detached

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