Aaron Chadbourne
Demetria Real Estate
(207) 613-4537
231 Total Sales
1 in Little Falls
$319,000 Price
847 Gray Rd Gorham, ME 04038
Little Falls AreaEstimated Value: $720,000 - $893,000
8
Beds
3
Baths
5,607
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 153 Feet of Waterfront
- Colonial Architecture
- Great Falls Elementary School Rated A-
- 1.24 Acre Lot
- Wood Flooring
About This Home
As of May 2024This remarkable Federal style building is currently configured as a two-unit offering over 5600sqft of living space with plenty of parking and 153 feet of Presumpscot River frontage with its own dock. Gorgeous upscale rental units with 8 huge bedrooms, wood floors, exposed beams, custom granite kitchens, built-ins and period details throughout. Unit #1 located on the first floor offers 2448 sqft, a 3-bedroom unit. Unit #2 located on the 2nd and 3rd floors offers 3159 sqft, a 5-bedroom unit. The sellers have replaced the windows in the main house and replaced the roof shingles. This property has great visibility located in the heart of Gorham's Little Falls District, the current focus of a joint effort between Gorham and Windham with a Master Revitalization Plan underway. The current zone allows for mixed use and rooming houses like reentry or courage houses. Also, part of Gorham's Small Dwelling Overlay District lucrative for reconfiguring with more units. Join other investors like JCS Properties, LLC who just launched Red City Ale House, STJ, Inc who just completed an 8-unit condo project, Depot Street new apartment complex and Backwoods BBQ along with the Gorham Economic Development Corporation that sponsors the Food Truck Thursday's event at Little Falls Recreational Area. This property would be a great investment or multi-generational home with plenty of room for most any family.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,039
Year Built
- Built in 1824
Lot Details
- 1.24 Acre Lot
- 153 Feet of Waterfront
- River Front
- Landscaped
Home Design
- Colonial Architecture
- Federal Architecture
- Block Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 5,607 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Double Pane Windows
- Storage
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
Unfinished Basement
- Doghouse Basement Entry
- Interior and Exterior Basement Entry
Parking
- Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- Deeded Waterfront Access Rights
- River Nearby
Location
- City Lot
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Hot Water Heating System
- Natural Gas Not Available
- Internet Available
Listing and Financial Details
- Tax Lot 94
- Assessor Parcel Number GRHM-000111-000094
Community Details
Overview
- No Home Owners Association
- 2 Units
Additional Features
- Community Storage Space
- Operating Expense $29,771
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
Listed on
Mar 12, 2024
Closed on
May 3, 2024
Sold by
Bought by
Seller's Agent
Peter Mason
PO-GO REALTY
Buyer's Agent
Peter Mason
PO-GO REALTY
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,800
Avg. Annual Appreciation
2.71%
Purchase Details
Closed on
Aug 3, 2023
Sold by
Bought by
Purchase Details
Closed on
Dec 5, 2016
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
$153,750
Interest Rate
3.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 23, 2015
Sold by
Bought by
Purchase Details
Closed on
May 31, 2005
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
$86,900
Interest Rate
5.94%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gorham, ME
-
Aaron Chadbourne
-
Nicholas Dambrie
Nicholas Dambrie
Keller Williams Realty
(207) 387-9614
150 Total Sales
1 in Little Falls
$875,000 Price
-
Ashley Fearon
Ashley Fearon
A Team Realty
(877) 780-5160
93 Total Sales
1 in Little Falls
$129,000 Price
-
Jennifer Whitehead
Jennifer Whitehead
Dream Home Realty LLC
(207) 464-2499
126 Total Sales
2 in Little Falls
$200K - $430K Price Range
-
Amy Foley
Amy Foley
Responds QuicklySignature Homes Real Estate Group, LLC
(207) 503-2295
625 Total Sales
2 in Little Falls
$380K - $450K Price Range
-
Jason Clark
Jason Clark
Responds QuicklyColdwell Banker Realty
(207) 977-2982
63 Total Sales
1 in Little Falls
$437,000 Price
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 |
|---|---|---|---|
| $765,000 | None Available | ||
| -- | 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 |
|---|---|---|---|
| Previous Owner | $350,000 | ||
| Previous Owner | $308,000 | ||
| Previous Owner | $153,750 | ||
| Previous Owner | $90,000 | ||
| Previous Owner | $86,900 | ||
| Previous Owner | $347,900 |
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 |
|---|---|---|---|---|---|
| 05/03/2024 05/03/24 | Sold | $765,000 | -4.3% | $136 / Sq Ft | |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- | |
| 03/12/2024 03/12/24 | For Sale | $799,000 | +4.4% | $143 / Sq Ft | |
| 03/11/2024 03/11/24 | Off Market | $765,000 | -- | -- | |
| 03/08/2024 03/08/24 | Price Changed | $799,000 | -15.9% | $143 / Sq Ft | |
| 09/11/2023 09/11/23 | For Sale | $950,000 | +363.4% | $169 / Sq Ft | |
| 05/20/2016 05/20/16 | Sold | $205,000 | -6.8% | $47 / Sq Ft | View Prior Sale |
| 03/24/2016 03/24/16 | Pending | -- | -- | -- | |
| 03/07/2016 03/07/16 | For Sale | $219,900 | -- | $51 / 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 | $10,410 | $703,400 | $74,600 | $628,800 |
| 2024 | $10,340 | $703,400 | $74,600 | $628,800 |
| 2023 | $9,672 | $703,400 | $74,600 | $628,800 |
| 2022 | $9,039 | $703,400 | $74,600 | $628,800 |
| 2021 | $6,615 | $341,000 | $45,600 | $295,400 |
| 2020 | $6,479 | $341,000 | $45,600 | $295,400 |
| 2019 | $6,462 | $341,000 | $45,600 | $295,400 |
| 2018 | $6,206 | $341,000 | $45,600 | $295,400 |
| 2017 | $5,831 | $341,000 | $45,600 | $295,400 |
| 2016 | $6,911 | $406,500 | $115,800 | $290,700 |
| 2015 | $6,626 | $406,500 | $115,800 | $290,700 |
| 2014 | $6,612 | $380,000 | $107,900 | $272,100 |
| 2013 | $6,574 | $380,000 | $107,900 | $272,100 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Mason
Seller's Agent in 2024
Peter Mason
PO-GO REALTY
(207) 632-8822
322 Total Sales
-
Kathy Apon
Seller's Agent in 2016
Kathy Apon
Greater Portland Realty
(207) 671-5496
90 Total Sales
-
Stephen Libby
S
Buyer's Agent in 2016
Stephen Libby
Demetria Real Estate
(207) 839-5122
36 Total Sales
Map
Source: Maine Listings
MLS Number: 1571607
APN: GRHM-000111-000094
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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