$230,000
SOLD SEP 10, 2024

11 Elm St Topsham, ME 04086

-- Bed
2 Baths
1,050 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

16% Below List Price

11 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Carpet
  • Corner Lot
  • Forced Air Zoned Heating System

About This Home

As of September 2024

Topsham duplex/multi-family property for sale. Bowdoin College and downtown Brunswick within walking + biking distance. Ten minute drive from I-95 and popular shopping/restaurants. Three onsite parking spaces in addition to two deeded parking spaces across the street from property. Coin-op laundry onsite.

Unit one is a 3 bedroom, 1 bath, 1 bonus room while unit two is a 2 bedroom, 1 bath, 1 bonus room unit. Subsequent pro forma available.

Recent renovations to subject include x2 new furnaces, roof, basement updating, siding, and front step rebuild.

Last Agent to Sell the Property

Charlie Hippler

CORE

Last Buyer's Agent

Vincent Matson

NextHome Premier Realty

NextHome Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,973

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot

Home Design

  • 1,050 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Dirt Floor

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil

Additional Features

  • 2 Full Bathrooms
  • City Lot

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number TOPM-000006-000000-000032U

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,393
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,973

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1050.0
  • Architectural Style: Cape
  • Garage Yn: No
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.06
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1050.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 41400.0
  • Income Expenses Operating Expenses: 6393.0
  • Basement:Dirt Floor: Yes
  • Foundation Materials:Granite2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Walk-Out Access, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Granite, Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, Common

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2613.6
  • Parcel #: TOPM-000006-000000-000032U
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 41400.0
  • Annual Operating Expense: 6393.0

Tax Info

  • Tax Annual Amount: 2973.0
  • Tax Book Number: 2782
  • Tax Lot: 32
  • Tax Map Number: U06
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $230,000 -16.4% $219 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $275,000 -- $262 / Sq Ft
Source: Maine Listings

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 $3,115 $249,200 $30,600 $218,600
2023 $2,973 $218,900 $29,100 $189,800
2022 $2,832 $196,400 $28,100 $168,300
2021 $2,555 $161,000 $25,800 $135,200
2020 $2,640 $147,800 $25,800 $122,000
2019 $2,704 $141,200 $25,800 $115,400
2018 $2,347 $125,300 $23,100 $102,200
2017 $2,270 $125,300 $23,100 $102,200
2016 $2,254 $125,300 $23,100 $102,200
2015 $2,250 $125,300 $23,100 $102,200
2014 $2,102 $121,300 $23,100 $98,200
2013 $2,020 $121,300 $23,100 $98,200
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $218,500 Purchase Money Mortgage
Closed $218,500 Purchase Money Mortgage
Previous Owner $115,125 Unknown
Previous Owner $116,000 Purchase Money Mortgage
Previous Owner $21,700 Unknown
Previous Owner $27,600 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $230,000 None Available
Warranty Deed $230,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Source: Maine Listings

MLS Number: 1596732

Maine Listings

APN: TOPM-000006-000000-000032U