NOT LISTED FOR SALE

55 College Ave Gorham, ME 04038

Estimated Value: $291,612 - $449,000

4 Beds
1 Bath
1,350 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $125,000 $93 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $2,093/month

Highlights

  • Barn
  • Cape Cod Architecture
  • No HOA
  • Great Falls Elementary School Rated A-
  • Wood Flooring
  • Forced Air Heating System

About This Home

As of April 2017

Investors take notice! Fantastic location and endless possibilities with this home. Walk to the University Southern Maine or downtown Gorham. Won't last long at this price!

Last Agent to Sell the Property

Joshua Plowman

Bean Group Listed on: 03/21/2017

Last Buyer's Agent

Melissa Richter

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Property is zoned UR

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding
  • Clapboard

Interior Spaces

  • 1,350 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available

Additional Features

  • City Lot
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number GRHM-000105-000035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: RT 25 to College Ave
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Cape
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.38
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1350.0
  • Site:Level: 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:Wood3: Yes
  • Style:Cape: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Exterior:Clapboard: Yes
  • Driveway:Gravel: Yes
  • Other Structures:Barn: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Has Basement: Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level, Intown
  • Waterfront: No
  • Construction Type: Clapboard, Wood Frame
  • Other Structures: Barn
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16552.8
  • Parcel #: GRHM-000105-000035
  • Zoning: UR

Tax Info

  • Tax Annual Amount: 2066.0
  • Tax Book Number: 8086
  • Tax Lot: 35
  • Tax Map Number: 105
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Apr 27, 2017
Sold by
Plowman Development Group
Bought by
Pischel Steven J
Seller's Agent
Joshua Plowman
Bean Group
Buyer's Agent
Melissa Richter
Coldwell Banker Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$362,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,403
Avg. Annual Appreciation
13.88%

Purchase Details

Listed on
Mar 21, 2017
Closed on
Mar 22, 2017
Sold by
Burnham Carl E Est
Bought by
Plowman Development Group
Seller's Agent
Joshua Plowman
Bean Group
Buyer's Agent
Melissa Richter
Coldwell Banker Realty
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
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 Buyer Sale Price Title Company
Pischel Steven J -- --
Plowman Development Group -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $125,000 -10.7% $93 / Sq Ft
03/22/2017 03/22/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $140,000 -- $104 / 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 $2,055 $139,800 $89,200 $50,600
2023 $1,922 $139,800 $89,200 $50,600
2022 $1,796 $139,800 $89,200 $50,600
2021 $2,260 $116,500 $76,300 $40,200
2020 $2,214 $116,500 $76,300 $40,200
2019 $2,208 $116,500 $76,300 $40,200
2018 $2,120 $116,500 $76,300 $40,200
2017 $2,078 $121,500 $76,300 $45,200
2016 $2,066 $121,500 $76,300 $45,200
2015 $1,980 $121,500 $76,300 $45,200
2014 $2,165 $124,400 $77,800 $46,600
2013 $2,152 $124,400 $77,800 $46,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1298606

Maine Listings

APN: GRHM-000105-000035