Seller's Agent in 2025
John Hatcher
Keller Williams Realty
(207) 775-2121
3 in this area
231 Total Sales
8 Fae Ln Unit 1 Gorham, ME 04038
4
Beds
2.5
Baths
2,745
Sq Ft
$325/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- Farmhouse Style Home
- Village Elementary School Rated A-
- Country Club
- Bonus Room
About This Home
As of October 2025Don't miss this opportunity to live in a beautifully designed Contemporary Farmhouse just moments from everything Gorham Village has to offer. Featuring a light-filled, open-concept layout, this home is perfect for both everyday living and entertaining. The spacious kitchen is a standout, offering granite countertops, a stainless steel farmhouse sink, sleek appliances, and an impressive amount of cabinetry—plus a large walk-in pantry for all your storage needs. The adjoining dining area opens to a private patio, ideal for relaxing or hosting guests outdoors. Upstairs, the generous primary suite includes a walk-in closet and ensuite bath. You'll also find three additional bedrooms, a laundry room, a utility closet, and a cozy office nook. The finished third floor offers flexible space currently used as two offices but easily converted into a fifth bedroom or bonus room. Enjoy year-round comfort with efficient heat pumps and owned solar panels that keep energy costs incredibly low—ask for utility info! An attached two-car garage provides additional storage and convenience. This home combines modern style, energy efficiency, and a prime location—schedule your showing today! Property is also listed as MLS 1631615 and is a single family home that is in a condominium association neighborhood.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,448
Year Built
- Built in 2022
Lot Details
- Public Beach
- Cul-De-Sac
- Landscaped
- Open Lot
HOA Fees
- $325 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Automatic Garage Door Opener
- Driveway
Home Design
- Farmhouse Style Home
- Concrete Foundation
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,745 Sq Ft Home
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
Laundry
- Dryer
- Washer
Outdoor Features
- Nearby Water Access
Location
- Property is near a golf course
- City Lot
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 16 / 78
- Assessor Parcel Number GRHM-000103-000078-000001
Community Details
Overview
- Grady Farms Subdivision
- The community has rules related to deed restrictions
Recreation
- Country Club
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2021
Closed on
May 16, 2022
Sold by
Plowman Dev Group Llc
Bought by
Eling Angelica L and Eling Ryan
Seller's Agent
Josh Plowman
Plowman Realty Group
Buyer's Agent
Josh Plowman
Bean Group
List Price
$625,000
Sold Price
$625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$500,000
Outstanding Balance
$472,429
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$230,443
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $699,000 | 0.0% | $255 / Sq Ft | |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- | |
| 08/26/2025 08/26/25 | For Sale | $699,000 | +11.8% | $255 / Sq Ft | |
| 05/16/2022 05/16/22 | Sold | $625,000 | 0.0% | $228 / Sq Ft | View Prior Sale |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- | |
| 10/14/2021 10/14/21 | For Sale | $625,000 | -- | $228 / 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 | $8,448 | $574,700 | $31,900 | $542,800 |
| 2023 | $7,902 | $574,700 | $31,900 | $542,800 |
| 2022 | $4,090 | $318,300 | $31,900 | $286,400 |
| 2021 | $1,282 | $66,100 | $66,100 | $0 |
| 2020 | $4,400 | $231,600 | $66,100 | $165,500 |
Source: Public Records
Agents Affiliated with this Home
-
John Hatcher
-
Lori Ann Pelletier
Buyer's Agent in 2025
Lori Ann Pelletier
Regency Realty Group
(207) 253-1500
4 in this area
52 Total Sales
-
Josh Plowman
Seller's Agent in 2022
Josh Plowman
Plowman Realty Group
(207) 776-2130
50 in this area
251 Total Sales
-
J
Buyer's Agent in 2022
Joshua Plowman
Bean Group
Map
Source: Maine Listings
MLS Number: 1635591
APN: GRHM M:103 B:078 L:001
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