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87 Gateway Commons Drive

87 Gateway Commons Drive, Gorham, ME 04038
Property in Gorham
Sold May 11, 2020
$477,400
$381,900 by Academy Mortgage Corp
Mortgage
Sold Sep 15, 2008
$316,300
$253,000 by Taylor Bean&whitaker
Mortgage Due Sep 15, 2038
Local assessors in Gorham, ME have categorized 87 Gateway Commons Drive as a residential type of property. The home was built in 2002 and is 22 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 15,246 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 87 Gateway Commons Drive has a total of 1,914 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 87 Gateway Commons Drive was last sold in May 11, 2020 for $477,400. According to our calculations, that's $249.43 per sqft. Prior to that sales transaction, the property was sold for $316,300 in Jan 1, 1970. Current property owners are expected to pay $5,721 in taxes per year. The property on 87 Gateway Commons Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $445,200. To break that down further, the land itself was valued at $80,100. While improvements to the property were assessed at a total of $365,100. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 916
  • Garage Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,914
  • Gross Building Area: 4,956
  • Building Area: 1,914
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,914
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GATEWAY COMMONS
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RUSTIN KAITLIN M
  • Current Owner 2: RUSTIN JOHN J
  • Previous Owner : COREY DARREN R
  • Owner Before Previous Owner: COREY JOANNA J
  • Owner Before Previous Owner 2: COREY DARREN R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Gorham
  • School Tax School District: GORHAM PS
  • Census Tract: 004001

Zoning

  • Zoning: SR

Geography

  • Account Number: 5289
  • Parcel: GRHM M:116 B:060 L:000
  • Block: 60
  • Municipality: GORHAM
  • Latitude: 43.6933
  • Longitude: -70.4147

    Address

  • Full Address: 87 Gateway Commons Dr
  • Address - House Number: 87
  • Address - Street Name: Gateway Commons
  • Address - Suffix Type: Dr
  • State: ME
  • City Name: Gorham
  • Carrier Code: R007
  • 4-Digit Zip Code: 1351
  • Zip Code: 04038

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,721

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 622,697
  • High Value: 751,516
  • Low Value: 493,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $463,200
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 11, 2020
  • First Open Lien Mortgage Loan Amount: $381,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: UNIVERSITY CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 02, 2022
  • Second Open Lien Mortgage Loan Amount: $81,300
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $445,200
  • Assessed Land Value: $80,100
  • Assessed Improvements Value: $365,100

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 11, 2020
  • Current Sale Transaction ID: 11760906567
  • Current Sale Price: $477,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24202
  • Previous Sale Recording Date: Sep 15, 2008
  • Previous Sale Amount: $316,300
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: May 11, 2020
  • First Mortgage Loan Amount: $381,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN&WHITAKER
  • Previous Mortgage Transaction Date: Sep 15, 2008
  • Previous Mortgage Loan Amount: $253,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 15, 2038

About Gorham



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Frequently Asked Questions

What neighborhood is 87 Gateway Commons Drive located in?
The 87 Gateway Commons Drive is a located in the neighborhood of Gorham in Gorham, Gorham.
What is the average sales price for listings in 87 Gateway Commons Drive?
The average sales price for units in 87 Gateway Commons Drive is $0 currently.

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