NOT LISTED FOR SALE

7 Settlers Way Gorham, ME 04038

Estimated Value: $917,000 - $961,000

4 Beds
3.5 Baths
2,909 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $465,000 $160 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,794/month

16 Days on Market

Highlights

  • In Ground Pool
  • 1.8 Acre Lot
  • Deck
  • Great Falls Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of August 2018

Less than two miles from Gorham Village, nestled into Fort Hill Farms, this expansive Saltbox offers a beautiful custom kitchen with granite, an open and sunny eating area, direct access to a large sunny deck area, huge great room with crafted bar area which is an approved accessory apartment, second floor master bedroom suite with huge double walk in closet. Discover the incredible hardscape areas and private in-ground pool oasis!

Last Agent to Sell the Property

Paul Willis

Willis Real Estate Listed on: 06/07/2018

Co-Listed By

David Willis

Willis Real Estate

Last Buyer's Agent

John Krouse

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,436

Year Built

  • Built in 1984

Lot Details

  • 1.8 Acre Lot
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Saltbox Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,909 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet

Unfinished Basement

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

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Private Water Source
  • Water Heated On Demand
  • Oil Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 17
  • Assessor Parcel Number 7Settlers WayGorham43A173

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,436

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.8
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1468
  • Co List Office Phone: 207-839-3390
  • MLS Status: Closed
  • Directions: GPS
  • Above Grade Finished Sq Ft: 2909.0
  • Architectural Style: Colonial, Saltbox
  • Garage Yn: Yes
  • Year Built: 1984
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.8
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2909.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:On Demand: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Heat System:Multi-Zones: Yes
  • Style:Colonial: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Property Information:Bank Owned REO: No
  • Water Heater:Oil2: Yes
  • Style:Saltbox: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Wall Oven, Refrigerator, Electric Range, Dishwasher
  • Has Basement: Daylight, Full, Interior Entry, Walk-Out Access, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, 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
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Landscaped, Neighborhood
  • Pool Features: In Ground
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 78408.0
  • Parcel #: 7Settlers WayGorham43A173
  • Zoning: R

Tax Info

  • Tax Annual Amount: 6436.0
  • Tax Block: 17
  • Tax Book Number: 32153
  • Tax Lot: 3
  • Tax Map Number: 43A
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 27, 2018
Sold by
Tower David W
Bought by
Thompson Nancy and Homan Carlye
Seller's Agent
Paul Willis
Willis Real Estate
Buyer's Agent
John Krouse
Keller Williams Realty
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$933,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,580
Avg. Annual Appreciation
9.01%
Original Mortgage
$325,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2015
Sold by
Flaherty Greg M and Flaherty Jeanne C
Bought by
Tower David W and Tower Lindsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thompson Nancy -- --
Thompson Nancy -- --
Thompson Nancy -- --
Tower David W -- --
Tower David W -- --
Tower David W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Nancy $325,500
Closed Thompson Nancy $325,500
Previous Owner Tower David W $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $465,000 -4.1% $160 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $485,000 -- $167 / 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 $10,131 $689,200 $164,500 $524,700
2023 $9,477 $689,200 $164,500 $524,700
2022 $8,856 $689,200 $164,500 $524,700
2021 $7,302 $376,400 $125,400 $251,000
2020 $7,152 $376,400 $125,400 $251,000
2019 $7,133 $376,400 $125,400 $251,000
2018 $6,850 $376,400 $125,400 $251,000
2017 $6,436 $376,400 $125,400 $251,000
2016 $6,399 $376,400 $125,400 $251,000
2015 $6,135 $376,400 $125,400 $251,000
2014 $6,160 $354,000 $115,200 $238,800
2013 $6,124 $354,000 $115,200 $238,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Paul Willis

    Willis Real Estate

    (207) 839-3390

    40 in this area

    95 Total Sales

    Paul Willis
    Section Image

  • D

    Seller Co-Listing Agent in 2018

    David Willis

    Willis Real Estate

    (207) 839-3390

    57 in this area

    152 Total Sales

    David Willis
    Section Image

  • J

    Buyer's Agent in 2018

    John Krouse

    Keller Williams Realty

See All Agents

Map

Source: Maine Listings

MLS Number: 1354230

Maine Listings

APN: GRHM-000043A-000017-000003

Maine Cumberland County Gorham 04038

7 Settlers Way, Gorham, ME

This home is located at 7 Settlers Way, Gorham, ME 04038 since 07 June 2018 and is currently estimated at $933,580, approximately $320 per square foot. This property was built in 1984. 7 Settlers Way is a home located in Cumberland County with nearby schools including Great Falls Elementary School, Gorham Middle School, and Gorham High School.

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