NOT LISTED FOR SALE

7 Park Ln Gorham, ME 04038

Estimated Value: $506,000 - $572,863

3 Beds
2 Baths
2,308 Sq Ft
$230/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $293,000 $127 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,246/month

6 Days on Market

Highlights

  • View of Trees or Woods
  • Living Room with Fireplace
  • Wood Flooring
  • Great Falls Elementary School Rated A-
  • Ranch Style House
  • Attic

About This Home

As of September 2019

Ranch home in desirable, Bank Development neighborhood. Enjoy single level living in this efficient, well-maintained 3 bedroom, 2 bath home, located in a well-established, idyllic neighborhood. This property features hardwood and tile floors, an enclosed porch, a two car garage, a finished basement and new kitchen appliances. Bonus features are built-in cabinets and 2 fireplaces. Being well-landscaped with a beautiful backyard and within walking distance to the center of town and schools makes this the ideal spot to call home.

Last Agent to Sell the Property

Martin Norton

Keller Williams Realty Brokerage Phone: 207-232-6127 Listed on: 08/07/2019

Keller Williams Realty

Last Buyer's Agent

Lianne Mitchell

Benchmark Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1956

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Level Lot
  • Property is zoned UR

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • Built-In Features
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Sink in Utility Room
  • Views of Woods
  • Storm Doors
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Enclosed Glass Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number GRHM-000099-000026

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Main St. Gorham (Route 25) to 202/Gray Road. Turn onto Johnson Road and follow to 7 Park Lane.
  • Above Grade Finished Sq Ft: 1600.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Efficiency: Storm Doors
  • Year Built: 1956
  • Attribution Contact: 207-232-6127
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 162.44
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.34
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1600.0
  • Property Information:SqFt Finished Below Grade: 708.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Full Bath7: Yes
  • Style:Ranch: Yes
  • Mud Room:Mud Room: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Cooktop: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Family Room:Family Room: Yes
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Vehicle Storage:Storage Above: Yes
  • Water Heater:Tank: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Kitchen Amenities:Breakfast Nook: Yes
  • Room Features:Breakfast Nook2: Yes
  • Dining Room Amenities:Formal: Yes
  • Family Room Amenities:Built-Ins10: Yes
  • Laundry Room Amenities:Utility Sink: Yes
  • Room Features:Utility Sink2: Yes
  • Dining Room Amenities:Built-Ins8: Yes
  • Living Room Amenities:Formal2: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 2
  • Advertising Remarks:Advertising Remarks: Ranch home in desirable, Bank Development neighborhood. Enjoy single level living in this efficient, well-maintained 3 bedroom, 2 bath home, located in a well-established, idyllic neighborhood. This property features hardwood and tile floors, an enclosed porch, a two car garage, a finished basement and new kitchen appliances. Bonus features are built-in cabinets and 2 fireplaces. Being well-landscaped with a beautiful backyard and within walking distance to the center of town and schools makes this the ideal spot to call home. If you have been thinking about selling your home, please call me for your FREE market analysis at 207.232.6127 or visit WhatsMyPortlandAreaHomeWorth.com for an INSTANT value.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher, Cooktop
  • Has Basement: Crawl Space, Finished, Full, Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 708.0
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Attic, Bathtub, One-Floor Living, Shower
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • 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
  • Laundry Room Laundry Room Level: Basement

Exterior Features

  • Lot Features: Level, Landscaped, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Glass Enclosed, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Storage

Utilities

  • Laundry Features: Utility Sink, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Baseboard, Hot 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: 14810.4
  • Parcel #: GRHM-000099-000026
  • Zoning: UR

Tax Info

  • Tax Annual Amount: 3547.0
  • Tax Lot: 26
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 20, 2019
Sold by
Norton Donna L
Bought by
Crawford Nancy L
Seller's Agent
Martin Norton
Keller Williams Realty
Buyer's Agent
Lianne Mitchell
Benchmark Real Estate
List Price
$259,900
Sold Price
$293,000
Premium/Discount to List
$33,100
12.74%
Current Estimated Value
$531,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,466
Avg. Annual Appreciation
9.98%
Original Mortgage
$249,050
Outstanding Balance
$218,148
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$313,318

Purchase Details

Closed on
Nov 22, 2011
Sold by
Ivers Frances M Est
Bought by
Malarsie Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,664
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crawford Nancy L -- --
Malarsie Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crawford Nancy L $249,050
Previous Owner Malarsie Donna L $161,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $293,000 +12.7% $127 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $259,900 -- $113 / 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 $5,433 $369,600 $129,300 $240,300
2023 $5,082 $369,600 $129,300 $240,300
2022 $4,749 $369,600 $129,300 $240,300
2021 $3,781 $194,900 $78,400 $116,500
2020 $3,703 $194,900 $78,400 $116,500
2019 $3,693 $194,900 $78,400 $116,500
2018 $3,190 $194,900 $78,400 $116,500
2017 $3,333 $194,900 $78,400 $116,500
2016 $3,315 $195,000 $78,500 $116,500
2015 $3,179 $195,000 $78,500 $116,500
2014 $3,010 $173,000 $68,300 $104,700
2013 $2,993 $173,000 $68,300 $104,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1428197

Maine Listings

APN: GRHM-000099-000026