P
Seller's Agent in 2024
Patrick Sullivan
Keller Williams Realty
8 Ethels Way Gorham, ME 04038
Estimated Value: $458,000 - $544,000
1
Bed
1
Bath
922
Sq Ft
$542/Sq Ft
Est. Value
Highlights
- Scenic Views
- 3.09 Acre Lot
- Farm
- Narragansett Elementary School Rated A-
- Colonial Architecture
- Bonus Room
About This Home
As of August 2024Fall in love with this one-of-a-kind property nestled on 3 level acres in Gorham. This contemporary 2-bedroom, 1-bathroom suite is tucked above an oversized garage, just minutes from downtown Westbrook and Gorham. Enjoy the rural feel and privacy this home has to offer.
Upstairs, the main living area features an open-concept layout. Natural light highlights the kitchen - granite countertops, updated tile flooring, and a sunny breakfast nook. Through the spacious living room is a master bedroom, bathroom, and in-bathroom laundry. As you head downstairs, you'll find a finished entryway, additional bedroom, and oversized garage and utility room.
Additional highlights include vinyl siding, a 14 KW generator for peace of mind, and a shed for extra storage. With a 4-bedroom septic system in place and conveniently located in Gorham's R-MH zone, this property presents commercial opportunities or future home construction.
Last Agent to Sell the Property
Patrick Sullivan
Keller Williams Realty Listed on: 06/26/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,027
Year Built
- Built in 2005
Lot Details
- 3.09 Acre Lot
- Property fronts a private road
- Street terminates at a dead end
- Rural Setting
- Landscaped
- Level Lot
- Open Lot
- Property is zoned R-MH
Parking
- 2 Car Direct Access Garage
- Heated Garage
- Automatic Garage Door Opener
- Garage Door Opener
- Driveway
Property Views
- Scenic Vista
- Woods
Home Design
- Colonial Architecture
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 922 Sq Ft Home
- Living Room
- Bonus Room
Kitchen
- Electric Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Shed
Location
- Suburban Location
Farming
- Farm
- Agricultural
- Pasture
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Baseboard Heating
- Hot Water Heating System
- Power Generator
- Private Water Source
- Well
- Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4/2
- Assessor Parcel Number GRHM-000009-000004-000002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2024
Closed on
Aug 2, 2024
Sold by
Burke Michael M and Burke Maura
Bought by
Reints Rachael E and Thomas Jack W
Seller's Agent
Patrick Sullivan
Keller Williams Realty
Buyer's Agent
Adrian Ramsdell
Keller Williams Realty
List Price
$439,000
Sold Price
$505,000
Premium/Discount to List
$66,000
15.03%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-0.82%
Original Mortgage
$479,750
Outstanding Balance
$474,321
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,679
Purchase Details
Closed on
Jun 22, 2005
Sold by
Berry Stephen O and Berry Judy
Bought by
Atkinson Bruce D and Atkinson Bettina R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reints Rachael E | $505,000 | None Available | |
| Reints Rachael E | $505,000 | None Available | |
| Atkinson Bruce D | -- | -- | |
| Atkinson Bruce D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reints Rachael E | $479,750 | |
| Closed | Reints Rachael E | $479,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/02/2024 08/02/24 | Sold | $505,000 | +15.0% | $548 / Sq Ft |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 06/26/2024 06/26/24 | For Sale | $439,000 | -- | $476 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $5,374 | $365,600 | $88,200 | $277,400 |
| 2023 | $5,027 | $365,600 | $88,200 | $277,400 |
| 2022 | $4,698 | $365,600 | $88,200 | $277,400 |
| 2021 | $4,103 | $211,500 | $72,700 | $138,800 |
| 2020 | $4,019 | $211,500 | $72,700 | $138,800 |
| 2019 | $4,099 | $211,500 | $72,700 | $138,800 |
| 2018 | $3,901 | $211,500 | $72,700 | $138,800 |
| 2017 | $3,617 | $211,500 | $72,700 | $138,800 |
| 2016 | $3,679 | $211,500 | $72,700 | $138,800 |
| 2015 | $3,447 | $211,500 | $72,700 | $138,800 |
| 2014 | $3,268 | $187,800 | $66,800 | $121,000 |
| 2013 | $3,249 | $187,800 | $66,800 | $121,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Adrian Ramsdell
A
Buyer's Agent in 2024
Adrian Ramsdell
Keller Williams Realty
(207) 776-4247
1 in this area
41 Total Sales
Map
Source: Maine Listings
MLS Number: 1594472
APN: GRHM-000009-000004-000002
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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