NOT LISTED FOR SALE

Estimated Value: $699,000 - $965,770

24 Acres
$33,852 Price per Acre
1,045,440 Sq Ft Lot

Last Sold January 27, 2016

Last sale price $76,000

Est. 969% increase in value since last sale

Current estimated payment $5,362/month

584 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Wooded Lot
  • Great Falls Elementary School Rated A-
  • 24 Acre Lot
  • No HOA

About This Lot

As of January 2016

A special peace of earth! Beautiful field, woods, and brook access to Presumpscot River.

Last Agent to Sell the Property

Edward Shevenell

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 03/21/2014

Last Buyer's Agent

Edward Shevenell

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 03/21/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,503

Year Built

  • 2017

Lot Details

  • 24 Acre Lot
  • Home fronts a stream
  • 500 Feet of Waterfront
  • Rural Setting
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned R MH

Parking

  • No Driveway

Property Views

  • Water
  • Woods

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 91Kemp RoadGorham913

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • River Nearby

Property Details

Property Type

Land

Est. Annual Taxes

$1,503

Year Built

2017

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 24.0
  • Road Surface Type: Paved
  • Water Body Name: NASON BROOK
  • MLS Status: Closed
  • Directions: Route 237 to right on Kemp Rd. Follow to pond on right near end of road.
  • Attribution Contact: 207-773-1990
  • Property Information:Lot Size Acres -: 24.0
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Gas:No Gas: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Location:Rural: Yes
  • Water Info:Waterfront Amount -: 500.0
  • Water Info:Water Frontage Owned -: 500.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • View:Fields: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2017

Exterior Features

  • Lot Features: Level, Open Lot, Wooded, Rural
  • View: Fields, Trees/Woods
  • Waterfront Features: Brook
  • Waterfront: Yes

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 1045440.0
  • Parcel #: 91Kemp RoadGorham913
  • Zoning: R MH

Tax Info

  • Tax Annual Amount: 1503.0
  • Tax Book Number: 48845
  • Tax Lot: 3
  • Tax Map Number: 91
  • Tax Year: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
Jan 27, 2016
Sold by
Shevenell Edward E and Shevenell Elizabeth S
Bought by
Scherb Michael P and Scherb Jessica M
Seller's Agent
Edward Shevenell
Coldwell Banker Realty
Buyer's Agent
Edward Shevenell
Coldwell Banker Realty
List Price
$109,000
Sold Price
$76,000
Premium/Discount to List
-$33,000
-30.28%
Total Days on Market
584
Current Estimated Value
$812,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,443
Avg. Annual Appreciation
28.74%
Original Mortgage
$45,600
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Scherb Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherb Jessica M $90,000
Open Scherb Michael P $485,750
Closed Scherb Michael P $488,000
Closed Scherb Michael P $488,000
Closed Scherb Michael P $407,200
Closed Scherb Michael P $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $76,000 -30.3% --
10/27/2015 10/27/15 Pending -- -- --
03/21/2014 03/21/14 For Sale $109,000 -- --
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 $9,825 $668,400 $125,500 $542,900
2023 $9,191 $668,400 $125,500 $542,900
2022 $8,096 $630,000 $125,500 $504,500
2021 $7,665 $395,100 $98,000 $297,100
2020 $7,507 $395,100 $98,000 $297,100
2019 $7,428 $392,000 $98,000 $294,000
2018 $4,901 $269,300 $98,000 $171,300
2017 $1,346 $78,700 $78,700 $0
2016 $1,343 $79,000 $79,000 $0
2015 $1,104 $67,700 $67,700 $0
2014 $1,081 $62,100 $62,100 $0
2013 $1,064 $61,500 $61,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1126242

Maine Listings

APN: GRHM-000073-000002-000004