NOT LISTED FOR SALE

6 Mcadam Way Gorham, ME 04038

Estimated Value: $779,000 - $935,411

4.75 Acres
$177,180 Price per Acre
206,910 Sq Ft Lot

Last Sold January 19, 2013

Last sale price $83,500

Est. 908% increase in value since last sale

Current estimated payment $5,306/month

130 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • View of Trees or Woods
  • River Nearby
  • Narragansett Elementary School Rated A-
  • 4.75 Acre Lot
  • Wooded Lot

About This Lot

As of January 2013

Seller motivated! Wooded lot off a private dead end road. Babbling brook along the left sideline. Underground utilities. Surveyed & soils tested. Septic design available. Building window is already cleared.

Last Agent to Sell the Property

Julie Chandler

PO-GO REALTY Listed on: 07/25/2012

Last Buyer's Agent

Carol Kilburn

Century 21 North East

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,152

Lot Details

  • 4.75 Acre Lot
  • Home fronts a stream
  • 1,000 Feet of Waterfront
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-Mh

Parking

  • Gravel Driveway

Property Views

  • Views of Woods

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 6McAdam WayGorham294202

Community Details

Overview

  • No Home Owners Association
  • Mcadam Subdivision

Recreation

  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$1,152

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.75
  • Road Frontage Type: Private
  • Road Surface Type: Gravel
  • Water Body Name: Unknown
  • MLS Status: Closed
  • Subdivision Name: McAdam Subdivision
  • Directions: From Gorham, take New Portland Rd. Go straight thu rotary @ Libby Ave to McAdam Way on right.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.75
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Roads:Private: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Roads:GravelDirt: Yes
  • Water Info:Waterfront Amount -: 1000.0
  • Water Info:Water Frontage Owned -: 1000.0
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Site:RollingSloping: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Electric:Underground: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Rural
  • View: Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Electric: Underground
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 206910.0
  • Parcel #: 6McAdam WayGorham294202
  • Zoning: R-Mh

Tax Info

  • Tax Annual Amount: 1152.0
  • Tax Book Number: 28725
  • Tax Lot: 202
  • Tax Map Number: 29
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2012
Closed on
Jan 22, 2013
Sold by
Webber Jacqueline A and Webber Terry A
Bought by
Varney Nicholas A and Varney Kati L
Seller's Agent
Julie Chandler
PO-GO REALTY
Buyer's Agent
Carol Kilburn
Century 21 North East
List Price
$119,000
Sold Price
$83,500
Premium/Discount to List
-$35,500
-29.83%
Current Estimated Value
$841,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,103
Avg. Annual Appreciation
19.83%
Original Mortgage
$58,450
Outstanding Balance
$40,678
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$800,925

Purchase Details

Closed on
May 9, 2006
Sold by
Keef Laurence J and Keef Linda J
Bought by
Keef Peter
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
Varney Nicholas A -- --
Keef Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varney Nicholas A $58,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2013 01/19/13 Sold $83,500 -29.8% --
12/05/2012 12/05/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $119,000 -- --
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 $10,707 $728,400 $138,400 $590,000
2023 $10,016 $728,400 $138,400 $590,000
2022 $9,360 $728,400 $138,400 $590,000
2021 $7,659 $394,800 $96,100 $298,700
2020 $7,501 $394,800 $96,100 $298,700
2019 $7,481 $394,800 $96,100 $298,700
2018 $7,142 $392,400 $96,100 $296,300
2017 $6,710 $392,400 $96,100 $296,300
2016 $6,616 $389,200 $96,300 $292,900
2015 $3,361 $206,200 $77,100 $129,100
2014 $1,230 $70,700 $70,700 $0
2013 $1,223 $70,700 $70,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Julie Chandler

    PO-GO REALTY

    (207) 650-8927

    12 in this area

    41 Total Sales

    Julie Chandler
    Section Image

  • C

    Buyer's Agent in 2013

    Carol Kilburn

    Century 21 North East

    Section Image
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Map

Source: Maine Listings

MLS Number: 1063496

Maine Listings

APN: GRHM-000029-000004-000202

Maine Cumberland County Gorham 04038

6 Mcadam Way, Gorham, ME

This home is located at 6 Mcadam Way, Gorham, ME 04038 since 25 July 2012 and is currently estimated at $841,603. 6 Mcadam Way is a home located in Cumberland County with nearby schools including Narragansett Elementary School, Gorham Middle School, and Gorham High School.

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