NOT LISTED FOR SALE

828 Gray Rd Gorham, ME 04038

-- Bed
4.5 Baths
3,896 Sq Ft
9,148 Sq Ft Lot

Last Sold March 28, 2022

Last sale price $615,000 $158 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Open Lot
  • Great Falls Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of March 2022

Large fully occupied 4 unit building in the Little Falls neighborhood of Gorham. This well maintained building features two 3 bdrm units and two 2 bdrm units. Building is up to code and sprinkler system is in place. Each unit has a washer dryer hook up and separate entrances plus large basement with loading dock for owner use.

Last Agent to Sell the Property

Elizabeth Marks

The Real Estate Store Listed on: 02/17/2022

Co-Listed By

Kevin D'Amboise

The Real Estate Store

Last Buyer's Agent

Matthew DiBiase

Landing Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,180

Year Built

  • Built in 1920

Lot Details

  • 9,148 Sq Ft Lot
  • Open Lot
  • Sprinkler System

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,896 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number GRHM-000111-000085

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $16,404
  • Gross Income $62,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,180

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Co List Office Phone: 207-883-4327
  • MLS Status: Closed
  • Directions: Route 202 in Little Falls section of Gorham near Windham Town Line. GPS friendly. No sign. Park on the street.
  • Above Grade Finished Sq Ft: 3896.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 134.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 5.0
  • Property Information:SqFt Finished Above Grade: 3896.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 4
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 62400.0
  • Income Expenses Operating Expenses: 16404.0
  • Style:Multi-Level: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Direct Vent Heater: Yes
  • Parking:On Street: Yes
  • Misc Amenities Sprinkler: Yes
  • Advertising Remarks:Advertising Remarks: Large fully occupied 4 unit building in the Little Falls neighborhood of Gorham. This well maintained building features two 3 bdrm units and two 2 bdrm units. Building is up to code and sprinkler system is in place. Each unit has a washer dryer hook up and separate entrances plus large basement with loading dock for owner use.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Walk-Out Access, Full, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Open Lot, Sidewalks, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Other, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, On Street

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Heater, Hot Air
  • 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: 9147.6
  • Parcel #: GRHM-000111-000085
  • Zoning: LFVC

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62400.0
  • Annual Operating Expense: 16404.0

Tax Info

  • Tax Annual Amount: 5180.0
  • Tax Lot: 85
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2022 03/28/22 Sold $615,000 +17.1% $158 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $525,000 +52.2% $135 / Sq Ft
02/12/2019 02/12/19 Sold $345,000 -12.7% $89 / Sq Ft View Prior Sale
12/12/2018 12/12/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $395,000 -- $101 / 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 $8,747 $595,000 $126,300 $468,700
2023 $8,180 $594,900 $126,300 $468,600
2022 $7,750 $603,100 $126,300 $476,800
2021 $5,180 $267,000 $31,300 $235,700
2020 $5,073 $267,000 $31,300 $235,700
2019 $3,843 $202,800 $31,300 $171,500
2018 $3,691 $202,800 $31,300 $171,500
2017 $3,468 $202,800 $31,300 $171,500
2016 $3,448 $202,800 $31,300 $171,500
2015 $3,306 $202,800 $31,300 $171,500
2014 $3,821 $219,600 $33,600 $186,000
2013 $3,799 $219,600 $33,600 $186,000
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Marks

    Seller's Agent in 2022

    Elizabeth Marks

    The Real Estate Store

    (207) 332-6210

    1 in this area

    136 Total Sales

    Elizabeth Marks
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kevin D'Amboise

    The Real Estate Store

    (207) 332-1168

    1 in this area

    75 Total Sales

    Kevin D'Amboise
    Section Image

  • M

    Buyer's Agent in 2022

    Matthew DiBiase

    Landing Real Estate

    (207) 653-0376

    1 in this area

    179 Total Sales

    Matthew DiBiase
    Section Image
  • Jay Sparrow

    Seller's Agent in 2019

    Jay Sparrow

    Allied Real Estate

    (207) 756-5779

    18 Total Sales

    Jay Sparrow
    Section Image

  • W

    Buyer's Agent in 2019

    William Umbel

    Bay Realty

    Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1519894

Maine Listings
Maine Cumberland County Gorham 04038

828 Gray Rd, Gorham, ME

Not Listed for Sale

MultiFamily

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