NOT LISTED FOR SALE

812 Gray Rd Gorham, ME 04038

Estimated Value: $464,464 - $603,000

5 Beds
2 Baths
2,720 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $375,000 $138 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,323/month

20 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Hot Water Heating System
  • Great Falls Elementary School Rated A-
  • No HOA

About This Home

As of May 2021

Large, unique Gorham duplex with room to expand and grow. This 2700+sqft duplex offers two spacious 3 bed/ 1 bath units with large rooms and tall ceilings. New flooring throughout. New paint on all interior and exterior surfaces. Seller currently lives in one unit, the other is vacant. Both units are turn key and ready for new tenants. Large property for the area with ample parking and plenty of room for outdoor activities. This property also provides the opportunity for an ambitious owner to expand income with 2 commercial lots located in a high traffic area ready to be leased or developed. There is also a large space on the 3rd floor to add a 3rd unit. Centrally located in the historic neighborhood of Little Falls you are 15 min or less to Portland, South Portland, USM Gorham, Windham, Westbrook. Schedule your showing today, multis are scarce and this unique property won't last long.

Last Agent to Sell the Property

Adam Hedio

Coldwell Banker Realty Brokerage Phone: 207-967-9900 Listed on: 02/02/2021

Coldwell Banker Realty

Last Buyer's Agent

Alexander Wiss

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,555

Year Built

  • Built in 1900

Lot Details

  • 0.49 Acre Lot
  • Corner Lot

Home Design

  • 2,720 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Laminate
  • Vinyl

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available

Additional Features

  • 2 Full Bathrooms
  • City Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number GRHM-000111-000084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,555

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2720.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Year Built: 1900
  • Attribution Contact: 207-967-9900
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.49
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2720.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Block3: Yes
  • Style:Duplex: Yes
  • Property Information:Bank Owned REO: No
  • Driveway:Concrete3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate
  • Full Basement: Yes

Exterior Features

  • Lot Features: Corner Lot, Intown, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.4
  • Parcel #: GRHM-000111-000084
  • Zoning: LFVC

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3555.0
  • Tax Book Number: 29403
  • Tax Lot: 84
  • Tax Map Number: 111
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
May 3, 2021
Sold by
Tuominen Paul
Bought by
E & N Properties Llc
Seller's Agent
Adam Hedio
Coldwell Banker Realty
Buyer's Agent
Alexander Wiss
Keller Williams Realty
List Price
$339,000
Sold Price
$375,000
Premium/Discount to List
$36,000
10.62%
Current Estimated Value
$539,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,866
Avg. Annual Appreciation
8.59%
Original Mortgage
$281,250
Outstanding Balance
$254,883
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$284,983

Purchase Details

Closed on
Mar 7, 2012
Sold by
Direct Rl Est Hldgs Llc
Bought by
Tuominen Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2011
Sold by
Irina I Llc
Bought by
Savings Bank Of Maine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
E & N Properties Llc -- None Available
Tuominen Paul E -- --
Savings Bank Of Maine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open E & N Properties Llc $281,250
Previous Owner Tuominen Paul E $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $375,000 +10.6% $138 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $339,000 -- $125 / 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 $5,536 $376,600 $69,300 $307,300
2023 $5,178 $376,600 $69,300 $307,300
2022 $4,839 $376,600 $69,300 $307,300
2021 $3,630 $187,100 $36,400 $150,700
2020 $3,555 $187,100 $36,400 $150,700
2019 $3,546 $187,100 $36,400 $150,700
2018 $3,405 $187,100 $36,400 $150,700
2017 $3,199 $187,100 $36,400 $150,700
2016 $3,181 $187,100 $36,400 $150,700
2015 $3,050 $187,100 $36,400 $150,700
2014 $2,779 $159,700 $41,800 $117,900
2013 $2,754 $159,200 $41,300 $117,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1480862

Maine Listings

APN: GRHM-000111-000084