NOT LISTED FOR SALE

9 Rainbow Ln Gorham, ME 04038

North Gorham Neighborhood

Estimated Value: $435,340 - $565,000

4 Beds
2 Baths
1,876 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $180,000 $96 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $2,978/month

453 Days on Market

Highlights

  • Nearby Water Access
  • Cape Cod Architecture
  • Wood Flooring
  • Great Falls Elementary School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of December 2012

Walking distance to North Gorham Pond/Presumpscot River. Delightful Cape on quiet dead-end road with updated kitchen and beautiful heated sunroom leading to large multi-level deck overlooking private tree-line backyard. 3 bedroom septic design.

Last Agent to Sell the Property

Cristina McBreairty

Allied Real Estate Listed on: 10/04/2011

Last Buyer's Agent

Demetria Chadbourne

Demetria Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Property is zoned Sub/Res

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,876 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Stove
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • Garage
  • Driveway

Outdoor Features

  • Nearby Water Access
  • Deck
  • Outbuilding

Location

  • Suburban Location

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Well
  • Septic System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 31
  • Assessor Parcel Number 9Rainbow LaneGorham97311

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: North Gorham Rd. to Rainbow Lane. Home is on the right.
  • Above Grade Finished Sq Ft: 1876.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1975
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 95.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1876.0
  • Property Information:Garage: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Location:Suburban: Yes
  • Exterior:Wood Siding: Yes
  • Office:Office: Yes
  • Sunroom:Sunroom: Yes
  • Sewer:Private Sewer: Yes
  • Recreational Water:Nearby: Yes
  • Roads:Dead End: Yes
  • Water:Private2: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Appliances Included:Trash Compactor: Yes
  • Sunroom Amenities:Heat Stove: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Walking distance to North Gorham Pond/Presumpscot River. Delightful Cape on quiet dead-end road with updated kitchen and beautiful heated sunroom leading to large multi-level deck overlooking private tree-line backyard. 3 bedroom septic design.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Trash Compactor, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: Full, Exterior Entry, Bulkhead
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Rolling Slope, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 9Rainbow LaneGorham97311
  • Zoning: Sub/Res

Tax Info

  • Tax Annual Amount: 2683.0
  • Tax Block: 31
  • Tax Lot: 1
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Jan 2, 2013
Sold by
Mellone Lynn M and Mellone Joseph A
Bought by
Cotta Robert D
Seller's Agent
Cristina McBreairty
Allied Real Estate
Buyer's Agent
Demetria Chadbourne
Demetria Real Estate
List Price
$219,900
Sold Price
$180,000
Premium/Discount to List
-$39,900
-18.14%
Current Estimated Value
$497,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,335
Avg. Annual Appreciation
8.18%
Original Mortgage
$144,000
Outstanding Balance
$100,030
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$397,305

Purchase Details

Closed on
Jul 11, 2011
Sold by
Mellone Joseph A
Bought by
Phh Mortgage Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cotta Robert D -- --
Phh Mortgage Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotta Robert D $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2012 12/31/12 Sold $180,000 -18.1% $96 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $219,900 -- $117 / 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 $4,307 $293,000 $87,800 $205,200
2023 $4,029 $293,000 $87,800 $205,200
2022 $3,765 $293,000 $87,800 $205,200
2021 $3,442 $177,400 $59,400 $118,000
2020 $3,371 $177,400 $59,400 $118,000
2019 $3,362 $177,400 $59,400 $118,000
2018 $3,223 $177,100 $59,400 $117,700
2017 $3,028 $177,100 $59,400 $117,700
2016 $3,007 $176,900 $59,200 $117,700
2015 $2,883 $176,900 $59,200 $117,700
2014 $2,864 $164,600 $64,500 $100,100
2013 $2,848 $164,600 $64,500 $100,100
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Cristina McBreairty

    Allied Real Estate

  • D

    Buyer's Agent in 2012

    Demetria Chadbourne

    Demetria Real Estate

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Map

Source: Maine Listings

MLS Number: 1031525

Maine Listings

APN: GRHM-000097-000031-000001

Maine Cumberland County Gorham 04038 North Gorham

9 Rainbow Ln, Gorham, ME

Not Listed for Sale

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