NOT LISTED FOR SALE

65 School St Gorham, ME 04038

Estimated Value: $460,326 - $560,000

4 Beds
2 Baths
1,954 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $485,000 $248 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,054/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • No HOA
  • Village Elementary School Rated A-
  • Main Floor Bedroom
  • Shed

About This Home

As of September 2023

Location, Location, Location! Investors and owner occupants should take notice of this well maintained two-unit located in the center of Gorham Village. The first floor unit is a spacious three bedroom unit with natural gas heat and two living rooms. On the second floor you will find a one bedroom unit with monitor heat. The property offers; vinyl siding, new windows, updated electrical, dedicated off street parking, and public water/sewer. The three bedroom unit is currently vacant while the one bedroom unit has a month to month tenant who would love to stay if that works for the next owner.

Last Agent to Sell the Property

David Willis

Willis Real Estate Listed on: 08/22/2023

Co-Listed By

Paul Willis

Willis Real Estate

Last Buyer's Agent

Jeffrey Mateja

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,954 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Gas Water Heater

Additional Features

  • Shed
  • City Lot

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number GRHM-000102-000077

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $5,896
  • Gross Income $34,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,648

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1468
  • Co List Office Phone: 207-839-3390
  • MLS Status: Closed
  • Directions: GPS Friendly. Please park in the driveway to the left of the building from the street. The house behind is not included in this sale and has a right of way for their driveway.
  • Above Grade Finished Sq Ft: 1954.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1954.0
  • Property Information:Garage: No
  • 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:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: 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
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 34080.0
  • Income Expenses Operating Expenses: 5896.0
  • Parking:On Site2: Yes
  • Foundation Materials:Block3: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Bank Owned REO: No
  • Other Structures:Shed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: 1st Floor Bedroom, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Intown, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other Heat System, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9147.6
  • Parcel #: GRHM-000102-000077
  • Zoning: UR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34080.0
  • Annual Operating Expense: 5896.0

Tax Info

  • Tax Annual Amount: 3648.0
  • Tax Book Number: 34090
  • Tax Lot: 77
  • Tax Map Number: 102
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Sep 8, 2023
Sold by
Plummer Supplement Needs and Plummer P
Bought by
Glowstone Llc
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$399,000
Sold Price
$485,000
Premium/Discount to List
$86,000
21.55%
Current Estimated Value
$507,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,832
Avg. Annual Appreciation
2.44%

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 19, 2017
Sold by
Charron Maynard G and Charron Jane M
Bought by
Plummer T
Seller's Agent
David Willis
Willis Real Estate
Buyer's Agent
David Willis
Willis Real Estate
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
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
Glowstone Llc $485,000 None Available
Plummer T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plummer Sup Nds T $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $485,000 +21.6% $248 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $399,000 +74.2% $204 / Sq Ft
06/15/2017 06/15/17 Sold $229,000 0.0% $117 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $229,000 -- $117 / 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 $4,173 $283,900 $94,700 $189,200
2023 $3,904 $283,900 $94,700 $189,200
2022 $3,648 $283,900 $94,700 $189,200
2021 $3,292 $169,700 $70,400 $99,300
2020 $3,224 $169,700 $70,400 $99,300
2019 $3,216 $169,700 $70,400 $99,300
2018 $3,089 $169,700 $70,400 $99,300
2017 $2,902 $169,700 $70,400 $99,300
2016 $2,883 $169,600 $70,300 $99,300
2015 $2,764 $169,600 $70,300 $99,300
2014 $2,723 $156,500 $67,100 $89,400
2013 $2,707 $156,500 $67,100 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1569525

Maine Listings

APN: GRHM-000102-000077