NOT LISTED FOR SALE

8 Ethels Way Gorham, ME 04038

Estimated Value: $458,000 - $544,000

1 Bed
1 Bath
922 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $505,000 $548 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,091/month

4 Days on Market

Highlights

  • Scenic Views
  • 3.09 Acre Lot
  • Farm
  • Narragansett Elementary School Rated A-
  • Colonial Architecture
  • Bonus Room

About This Home

As of August 2024

Fall 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

Keller Williams Realty

Last Buyer's Agent

Adrian Ramsdell

Keller Williams Realty

Keller Williams Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,027

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.09
  • Road Frontage Type: Private
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Take Brackett Road to Ethels Way
  • Above Grade Finished Sq Ft: 922.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.09
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 922.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Water Heater:Gas: Yes
  • Property Information:Garage Spaces: 2.0
  • Roads:Private: Yes
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Kitchen Countertop:Granite: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Cooling:Central Air: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Parking:On Site2: Yes
  • Bonus Room:Bonus Room: Yes
  • Style:Colonial: Yes
  • Location:Rural: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • View:Scenic: Yes
  • Site:Agriculture: Yes
  • Site:Farm: Yes
  • Site:PastureField: Yes
  • Equipment:Generator: Yes
  • Laundry Room:Laundry Room: Yes
  • Vehicle Storage:Heated: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Kitchen Kitchen Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Lot Features: Farm, Agriculture, Level, Open Lot, Landscaped, Pasture, Near Town, Rural, Suburban
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, On Site, Garage Door Opener, Inside Entrance, Heated Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 134600.4
  • Parcel #: GRHM-000009-000004-000002
  • Zoning: R-MH

Tax Info

  • Tax Annual Amount: 5027.0
  • Tax Book Number: 29827
  • Tax Lot: 4/2
  • Tax Map Number: 9
  • Tax Year: 2023

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
$500,000

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
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
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

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 $5,374 $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

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Map

Source: Maine Listings

MLS Number: 1594472

Maine Listings

APN: GRHM-000009-000004-000002