See Home Value
Cumberland 04039
2 Payson Lane
$279,039*
House - Off Market

2 Payson Lane

Gray, ME 04039
bedrooms
2 Beds
bathrooms
1 Bath
$239,000 - $291,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold May 31, 2022
$256,300
$205,000 by Guild Mortgage Co
Mortgage
Sold Nov 06, 2017
$161,500
$129,200 by Cross Country Mtg Inc
Mortgage Due Nov 06, 2047

About This Property

Sitting on just over two acres with a large yard, this quaint home is boasting with character. The original and beautiful antique stove is the staple of the kitchen, and an updated woodstove now sits at the hearth in it's place. All bedrooms are on the first level, and the attic has space for additional rooms to be finished. A spacious laundry room and pantry space off the kitchen leads to a private deck looking to the backyard. There is a permitted shed built in 2018 for all your garden and lawn tools. Many updates throughout, including the bathroom and plumbing, a new leach field, and more. Move-in ready! Minutes from the turnpike, 10 minutes to Windham, and only 20 minutes to Portland.  Any/all offers due Sunday 2/6 @9am, with a decision made by Monday 2/7 @5pm.**Contingent on the sellers finding suitable housing. Some plants/tools in yard to be removed after snow melts, plants being removed will be marked with colored ribbon.**
Unit Size
-
Days on Market
-
Land Size
2.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
May 31, 2022 Sold to William K Ortiz-grob $256,300
Sold to William K Ortiz-grob
Feb 9, 2022 No longer available -
No longer available
Feb 2, 2022 Listed $265,000
Listed
Nov 6, 2017 Sold to William K Grob, William K O... $161,500
Sold to William K Grob, William K O...
Jul 30, 2017 Listed $129,000
Listed
This year-round home is situated on 2 lovely, private acres in a country setting. First-floor living at its finest! The centerpiece of the kitchen is a brick hearth with a beautiful antique cooking stove. Many recent updates and allows for possible expansion potential or the addition of a possible garage. Ideal first home, investment property, or a great alternative to condo-living. Move in ready! 20 minutes to downtown Portland. Septic design for 2-bedrooms, finished loft for potential…
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Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Brick
  • Building Style: Cape Cod
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 82,764
  • Total Building Area: 993
  • Building Area: 993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN GRAY
  • Land Acres: 1.9
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ORTIZ-GROB WILLIAM K
  • Previous Owner : GUERIN-CORNELL JULIA
  • Owner Before Previous Owner: FARRAR DEAN C
  • Owner Before Previous Owner 2: FARRAR LISA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: School Administrative District 15
  • School Tax School District: RSU 15/MSAD 15
  • Census Tract: 004702

Zoning

  • Zoning: RURAL

Geography

  • Parcel: GRAY M:059 B:036 L:031-000
  • Block: 36
  • Lot: 31-0
  • Municipality: GRAY
  • Latitude: 43.8582
  • Longitude: -70.308

    Address

  • Full Address: 2 Payson Ln
  • Address - House Number: 2
  • Address - Street Name: Payson
  • Address - Suffix Type: Ln
  • State: ME
  • City Name: Gray
  • Carrier Code: R002
  • 4-Digit Zip Code: 9580
  • Zip Code: 04039

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,984

    Appraisal Valuation

  • Standard Deviation: 0.1392
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 83
  • Final Value: 275,324
  • High Value: 313,669
  • Low Value: 236,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 31, 2022
  • First Open Lien Mortgage Loan Amount: $205,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,700
  • Assessed Land Value: $55,200
  • Assessed Improvements Value: $75,500

    Sales

  • Current Sale Contract Date: May 24, 2022
  • Current Sale Recording Date: May 31, 2022
  • Current Sale Transaction ID: 11889502146
  • Current Sale Price: $256,300
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 27664
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Amount: $161,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: May 31, 2022
  • First Mortgage Loan Amount: $205,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CROSS COUNTRY MTG INC
  • Previous Mortgage Transaction Date: Nov 06, 2017
  • Previous Mortgage Loan Amount: $129,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 06, 2047



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cumberland


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Frequently Asked Questions

When was property at 2 Payson Lane built and last sold?
The property at 2 Payson Lane was built in 1900 and last sold on May 24, 2022 for $256,300.
How much is this home worth?
The estimated value of the home located at 2 Payson Lane is $267,650.
What are some comparable homes to 2 Payson Lane?
There are currently no comparable homes to 2 Payson Lane.

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