NOT LISTED FOR SALE

7 Magnolia Dr Gray, ME 04039

Estimated Value: $475,597 - $555,000

4 Beds
3 Baths
1,716 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $316,000 $184 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,008/month

5 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Contemporary Architecture
  • Cathedral Ceiling
  • Jetted Tub in Primary Bathroom

About This Home

As of August 2019

This beautiful 2011 Contemporary Raised Ranch is move in ready! Bright & Sunny with Cathedral Ceilings, abundant natural light and Open Concept living! Featuring a large kitchen with an abundance of cabinets and counter space including breakfast bar area! Large rear deck off of the dining room for your family enjoyment. Relax and drink your morning coffee while enjoying the wildlife. 3-4 bedrooms and 3 full baths! Lower level with walk out offers versatility with either the 4th bedroom or Family room/Bonus Room! Direct entry from 2 car garage. Located in a peaceful neighborhood on a dead end road. Centrally located close to Gray Center, Yarmouth, New Gloucester, Windham, Falmouth and the Turnpike with short commutes to Portland & Lewiston/Auburn. Close to Pineland Farms for your hiking, cross country skiing, the YMCA or shopping at their market! Showings begin this week end at the Open Houses on Saturday, June 15th 11am- 1pm and Sunday, June 16th 11am-1pm.

Last Agent to Sell the Property

Yvonne Myer

Bean Group Listed on: 06/12/2019

Last Buyer's Agent

Stephanie Pedersen

Coldwell Banker Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 2011

Lot Details

  • 0.96 Acre Lot
  • Rural Setting
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Raised Ranch Architecture
  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Cathedral Ceiling
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Secondary Bathroom Jetted Tub
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Sewer

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 42A-013
  • Assessor Parcel Number GRAY-000036-000025-000421-000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,690

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From Gray Center intersection of Rt 202, Rt 115 & Rt 100. Take RT115 East for 1.6 mi, Turn left onto Depot Rd go 0.7 mi, Turn left onto Mayall Rd go 1.0 mi, Turn left onto Magnolia Dr, second home on the left.
  • Above Grade Finished Sq Ft: 1296.0
  • Architectural Style: Contemporary, Raised Ranch, Ranch
  • Garage Yn: Yes
  • Year Built: 2011
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 243.06
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.96
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 1296.0
  • Property Information:SqFt Finished Below Grade: 420.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Style:Ranch: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Rural: Yes
  • Driveway:Gravel: Yes
  • Site:Wooded: Yes
  • Kitchen Amenities:Cathedral Ceiling6: Yes
  • Living Room Amenities:Cathedral Ceiling5: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Dining Room Amenities:Cathedral Ceiling15: Yes
  • Vehicle Storage:Under: Yes
  • Primary Bedroom Amenities:Separate Shower6: Yes
  • Room Features:Separate Shower17: Yes
  • Primary Bedroom Amenities:Jetted Tub6: Yes
  • Room Features:Jetted Tub17: Yes
  • Style:Raised Ranch: Yes
  • Bedroom Amenities 3:Full Bath3: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This beautiful 2011 Contemporary Raised Ranch is move in ready! Bright & Sunny with Cathedral Ceilings, abundant natural light and Open Concept living! Featuring a large kitchen with an abundance of cabinets and counter space including breakfast bar area! Large rear deck off of the dining room for your family enjoyment. Relax and drink your morning coffee while enjoying the wildlife. 3-4 bedrooms and 3 full baths! Lower level with walk out offers versatility with either the 4th bedroom or Family room/Bonus Room! Direct entry from 2 car garage. Located in a peaceful neighborhood on a dead end road. Centrally located close to Gray Center, Yarmouth, New Gloucester, Windham, Falmouth and the Turnpike with short commutes to Portland & Lewiston/Auburn. Close to Pineland Farms for your hiking, cross country skiing, the YMCA or shopping at their market! Showings begin this week end at the Open Houses on Saturday, June 15th 11am- 1pm and Sunday, June 16th 11am-1pm.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: Walk-Out Access, Daylight, Finished, Full
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 420.0
  • Fireplace: No
  • Interior Amenities: Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Basement
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Wooded, Rural, Subdivided
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Gravel, Inside Entrance, Underground

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: RSU 15/MSAD 15

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41817.6
  • Parcel #: GRAY-000036-000025-000421-000013
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 3690.0
  • Tax Lot: 42A-013
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 15, 2019
Sold by
Smith Devon A
Bought by
Macfarland Mary H and Macfarland James I
Seller's Agent
Yvonne Myer
Bean Group
Buyer's Agent
Stephanie Pedersen
Coldwell Banker Team Real Estate
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%
Current Estimated Value
$508,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,823
Avg. Annual Appreciation
7.98%
Original Mortgage
$300,200
Outstanding Balance
$261,776
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$251,873

Purchase Details

Closed on
Nov 1, 2011
Sold by
May Meadow Builders Inc
Bought by
Smith Devon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,270
Interest Rate
4.11%
Mortgage Type
FHA
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
Macfarland Mary H -- --
Smith Devon A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macfarland Mary H $300,200
Previous Owner Smith Devon A $220,270
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $316,000 +0.3% $184 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $315,000 -- $184 / 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
2025 $4,075 $421,000 $128,800 $292,200
2024 $4,084 $421,000 $128,800 $292,200
2023 $4,607 $303,500 $75,000 $228,500
2022 $4,234 $303,500 $75,000 $228,500
2021 $4,095 $280,300 $75,000 $205,300
2020 $3,906 $264,800 $75,000 $189,800
2019 $3,888 $263,600 $75,000 $188,600
2018 $3,690 $263,600 $75,000 $188,600
2017 $3,836 $194,700 $57,300 $137,400
2016 $3,563 $194,700 $57,300 $137,400
2015 $3,544 $194,700 $57,300 $137,400
2014 $3,544 $194,700 $57,300 $137,400
2012 $3,033 $191,385 $57,253 $134,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1419273

Maine Listings

APN: GRAY-000036-000025-000421-000013