NOT LISTED FOR SALE

766 Fort Hill Rd Gorham, ME 04038

Estimated Value: $505,000 - $644,051

4 Beds
2.5 Baths
2,606 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $358,000 $137 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,625/month

82 Days on Market

Highlights

  • Public Beach
  • 2.8 Acre Lot
  • No HOA
  • Great Falls Elementary School Rated A-
  • Wooded Lot
  • Tile Flooring

About This Home

As of January 2021

Nice two unit, A is two bedroom,open living room,kitchen,dining with 1.5 bathrooms and full basement
B is two bedroom,living room,open kitchen/dining with 1 bathroom and laundry on first floor,full walkout basement.
24x28 two car garage with room above. Only one mile to Sebago Lake boat launch.

Last Agent to Sell the Property

Todd Lyons

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/01/2020

Last Buyer's Agent

Todd Lyons

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,472

Year Built

  • Built in 1983

Lot Details

  • 2.8 Acre Lot
  • Public Beach
  • Wooded Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Gambrel Roof
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 766forthillgorham438

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $1,000
  • Gross Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,472

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 2.8
  • MLS Status: Closed
  • Directions: Route 114 to #766. Only one mile from Sebago Lake boat launch
  • Above Grade Finished Sq Ft: 2150.0
  • Architectural Style: Gambrel
  • Garage Yn: Yes
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.8
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2150.0
  • Property Information:SqFt Finished Below Grade: 456.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 28000.0
  • Income Expenses Operating Expenses: 1000.0
  • Location:Near Public Beach: Yes
  • Sewer:Private Sewer: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Water:Private2: Yes
  • Site:Wooded: Yes
  • Style:Gambrel: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Walk-Out Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Below Grade Sq Ft: 456.0
  • Flooring: Vinyl, Tile, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Wooded, Near Public Beach
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Direct Vent Furnace, Baseboard
  • 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: 121968.0
  • Parcel #: 766forthillgorham438
  • Zoning: r

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28000.0
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 4472.0
  • Tax Book Number: 8702
  • Tax Lot: 3
  • Tax Map Number: 84
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2023
Sold by
Martin Stephen
Bought by
Fort Hill Townhouse Llc
Current Estimated Value
$568,763

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 22, 2021
Sold by
Johnson Olin K
Bought by
Martin Stephen
Seller's Agent
Todd Lyons
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Todd Lyons
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$367,000
Sold Price
$358,000
Premium/Discount to List
-$9,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$351,515
Interest Rate
2.71%
Mortgage Type
FHA
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
Fort Hill Townhouse Llc -- None Available
Martin Stephen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Stephen $351,515
Previous Owner Johnson Olin K $218,762
Previous Owner Johnson Olin K $206,000
Previous Owner Johnson Olin K $62,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $358,000 -2.5% $137 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $367,000 -- $141 / 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 $7,141 $485,800 $130,900 $354,900
2023 $6,680 $485,800 $130,900 $354,900
2022 $6,243 $485,800 $130,900 $354,900
2021 $4,928 $254,000 $89,300 $164,700
2020 $4,826 $254,000 $89,300 $164,700
2019 $4,813 $254,000 $89,300 $164,700
2018 $4,266 $254,000 $89,300 $164,700
2017 $4,343 $254,000 $89,300 $164,700
2016 $4,321 $254,200 $89,500 $164,700
2015 $4,143 $254,200 $89,500 $164,700
2014 $4,070 $233,900 $87,300 $146,600
2013 $4,046 $233,900 $87,300 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1468912

Maine Listings

APN: GRHM-000084-000018-000003