NOT LISTED FOR SALE

828 Gray Rd Gorham, ME 04038

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

Sale Details

Date Sold: March 28, 2022

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

2 Days on Market

Highlights

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

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
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

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

Home Security

  • Fire Sprinkler System
  • Fire Suppression System

Location

  • Property is near shops

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

9,148 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,250
Interest Rate
0.0709%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 28, 2022
Sold by
Bought by
Seller's Agent
Elizabeth Marks
The Real Estate Store
Buyer's Agent
Matthew DiBiase
Landing Real Estate
List Price
$525,000
Sold Price
$615,000
Premium/Discount to List
$90,000
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2018
Closed on
Feb 11, 2019
Sold by
Bought by
Seller's Agent
Jay Sparrow
Allied Real Estate
Buyer's Agent
William Umbel
Bay Realty
List Price
$395,000
Sold Price
$345,000
Premium/Discount to List
-$50,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.36%
Original Mortgage
$276,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,737
Interest Rate
0.0403%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$715,000 None Available
$61,500 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $551,250
Closed $492,000
Closed $276,000
Closed $950,000
Closed $837,500
Closed $225,000
Closed $229,737
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $8,806 $595,000 $126,300 $468,700
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

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Map

Source: Maine Listings

MLS Number: 1519894

Maine Listings
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