NOT LISTED FOR SALE

6 Madison Way Gorham, ME 04038

Estimated Value: $679,000 - $746,000

3 Beds
2.5 Baths
2,016 Sq Ft
$351/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $625,000 $310 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,372/month

6 Days on Market

Highlights

  • New Construction
  • 1.59 Acre Lot
  • Deck
  • Great Falls Elementary School Rated A-
  • Colonial Architecture
  • Bonus Room

About This Home

As of August 2023

Like-new three bedroom colonial situated on more than 1.5 acres in one of Gorham's premier neighborhoods! Gordon Farms subdivision sits within one mile of Gorham Village and abuts a network of hiking, biking, cross country skiing, and snowmobiling trails making it the perfect location for the outdoor enthusiast. The home offers two and a half baths, an open floor plan on the first floor, second floor laundry, an attached two car garage, and a spacious bonus room above the garage perfect for a family room, playroom, office, or primary bedroom. The full, dry, basement provides potential for additional living space or great storage. Start your morning with a cup of coffee on the front stone patio and end your day on the private rear deck. You will love living within 20 minutes of Portland's Old Port, 15 minutes of Portland Airport, and within a mile of Gorham's Village which is home to Junction Bowl, GHOP, MK Kitchen, and so much more. Showings begin on the afternoon of Friday, 7/7.

Last Agent to Sell the Property

David Willis

Willis Real Estate Listed on: 07/05/2023

Co-Listed By

Paul Willis

Willis Real Estate

Last Buyer's Agent

Chelsea Locke

RE/MAX By The Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,524

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1.59 Acre Lot
  • Near Conservation Area
  • Landscaped
  • Level Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Underground Utilities
  • Septic System

Community Details

  • No Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 422 / 23
  • Assessor Parcel Number GRHM-000045-000023-000422

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,524

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.59
  • Co List Office Mls Id: 1468
  • Co List Office Phone: 207-839-3390
  • MLS Status: Closed
  • Directions: Rt 114 to Gordon Farms Road to Madison Way. GPS Friendly.
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2021
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.59
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2016.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Property Condition:New Construction: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Basement Entry:Doghouse: Yes
  • Parking:On Site2: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Location:Abuts Conservation: Yes
  • Electric:Underground: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: NewHome

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Abuts Conservation, Neighborhood, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch
  • Property Condition: New Construction
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69260.4
  • Parcel #: GRHM-000045-000023-000422
  • Zoning: R

Tax Info

  • Tax Annual Amount: 6524.0
  • Tax Block: 23
  • Tax Book Number: 38749
  • Tax Lot: 422
  • Tax Map Number: 45
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 16, 2023
Sold by
Bahun Thomas J and Bahun Tomomi
Bought by
Corporak Eduardo and Redets Michael A
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
Chelsea Locke
RE/MAX By The Bay
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$707,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,285
Avg. Annual Appreciation
6.01%
Original Mortgage
$300,000
Outstanding Balance
$293,164
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,121

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 29, 2021
Sold by
Diversified Prop Inc
Bought by
Bahun Thomas J and Bahun Tomomi
Seller's Agent
Alexander Coupe
Dan Anderson Real Estate, Inc.
Buyer's Agent
David Willis
Willis Real Estate
List Price
$549,900
Sold Price
$549,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$494,360
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 17, 2018
Sold by
Diversified Properties
Bought by
Randall Patricia and Randall Dennis W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corporak Eduardo $625,000 Stewart Title
Corporak Eduardo $625,000 Stewart Title
Bahun Thomas J -- None Available
Bahun Thomas J -- None Available
Randall Patricia -- --
Randall Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corporak Eduardo $300,000
Closed Corporak Eduardo $300,000
Previous Owner Bahun Thomas J $494,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2023 08/16/23 Sold $625,000 0.0% $310 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $625,000 +13.7% $310 / Sq Ft
09/30/2021 09/30/21 Sold $549,900 0.0% $273 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $549,900 -- $273 / 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 $7,463 $507,700 $159,900 $347,800
2023 $6,981 $507,700 $159,900 $347,800
2022 $6,524 $507,700 $159,900 $347,800
2021 $2,666 $137,400 $119,800 $17,600
2020 $2,276 $119,800 $119,800 $0
2019 $2,270 $119,800 $119,800 $0
2018 $1,225 $67,300 $67,300 $0
2017 $1,151 $67,300 $67,300 $0
2016 $1,141 $67,100 $67,100 $0
2015 $1,094 $67,100 $67,100 $0
2014 $1,582 $90,900 $90,900 $0
2013 $1,573 $90,900 $90,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1563618

Maine Listings

APN: GRHM-000045-000023-000422