Seller's Agent in 2022
Tim Dunham
Tim Dunham Realty
(207) 407-9707
37 in this area
390 Total Sales
124 Main St Topsham, ME 04086
Estimated Value: $492,806
6
Beds
2
Baths
3,604
Sq Ft
$137/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Double Pane Windows
- Farmhouse Style Home
- No HOA
- 1-Story Property
About This Home
As of July 2022Great opportunity to own an investment property with Main Street access on corner lot with both residential and professional office spaces. This property had two 1 bedroom apartments located in the front and former attached barn in rear has 8 office suites. Office has been updated with new carpet through most areas, paint, window dressings, re-decked entryway, replaced steps to back door, new front door, and paint throughout. 1st floor 1 bedroom apartment has been renovated with new paint, kitchen cabinets, flooring/carpeting, range hood, and bathroom fixtures in 2022. Apartment 2 has had a long time dependable tenant. The exterior of the building was repainted in 2020. Don't miss miss this great opportunity!
Last Agent to Sell the Property
Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 05/27/2022
Co-Listed By
Shannon Hillman
Tim Dunham Realty Brokerage Phone: 207-729-7297
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,079
Year Built
- Built in 1880
Lot Details
- 0.46 Acre Lot
- Dirt Road
- Corner Lot
Home Design
- Farmhouse Style Home
- Brick Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Clap Board Siding
- Shingle Siding
- Clapboard
Interior Spaces
- 2 Full Bathrooms
- 3,604 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Storm Doors
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Crawl Space
Parking
- Common or Shared Parking
- Gravel Driveway
- Shared Driveway
- Paved Parking
- On-Site Parking
- Off-Street Parking
Location
- Suburban Location
- City Lot
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Kerosene
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Additional Features
- Doors are 32 inches wide or more
- ENERGY STAR/CFL/LED Lights
Listing and Financial Details
- Tax Lot 3A
- Assessor Parcel Number TOPM-000005A-000000-000003-AR000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Pet Policy
- No Dogs Allowed
Building Details
- Operating Expense $14,907
- Gross Income $30,135
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2019
Closed on
May 30, 2019
Sold by
Griffing Tim K
Bought by
Yellow Mustard Llc
Seller's Agent
Michael Baribeau
Century 21 North East
Buyer's Agent
Elizabeth Freitag
Rob Williams Real Estate Brokers
List Price
$285,900
Sold Price
$235,000
Premium/Discount to List
-$50,900
-17.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,806
Avg. Annual Appreciation
12.46%
Original Mortgage
$199,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yellow Mustard Llc | -- | -- | |
| Yellow Mustard Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Racha Properties Llc | $344,000 | |
| Closed | Yellow Mustard Llc | $233,500 | |
| Closed | Yellow Mustard Llc | $199,750 | |
| Previous Owner | Griffing Tim K | $80,000 | |
| Previous Owner | Griffing Tim K | $18,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $430,000 | +7.8% | $119 / Sq Ft |
| 06/06/2022 06/06/22 | Pending | -- | -- | -- |
| 05/27/2022 05/27/22 | For Sale | $399,000 | +69.8% | $111 / Sq Ft |
| 05/30/2019 05/30/19 | Sold | $235,000 | -17.8% | $65 / Sq Ft |
| 03/28/2019 03/28/19 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $285,900 | -- | $79 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $3,404 | $272,300 | $97,300 | $175,000 |
| 2023 | $3,633 | $267,500 | $92,500 | $175,000 |
| 2022 | $3,813 | $264,400 | $89,400 | $175,000 |
| 2021 | $4,079 | $257,000 | $82,000 | $175,000 |
| 2020 | $4,590 | $257,000 | $82,000 | $175,000 |
| 2019 | $4,828 | $252,100 | $77,100 | $175,000 |
| 2018 | $4,566 | $243,800 | $68,800 | $175,000 |
| 2017 | $4,418 | $243,800 | $68,800 | $175,000 |
| 2016 | $4,386 | $243,800 | $68,800 | $175,000 |
| 2015 | $4,379 | $243,800 | $68,800 | $175,000 |
| 2014 | $4,225 | $243,800 | $68,800 | $175,000 |
| 2013 | $4,059 | $243,800 | $68,800 | $175,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller Co-Listing Agent in 2022
Shannon Hillman
Tim Dunham Realty
-
T
Buyer's Agent in 2022
Tara Oliver
Keller Williams Realty
(207) 380-9808
1 in this area
61 Total Sales
-
M
Seller's Agent in 2019
Michael Baribeau
Century 21 North East
-
E
Buyer's Agent in 2019
Elizabeth Freitag
Rob Williams Real Estate Brokers
(207) 522-2038
1 in this area
33 Total Sales
Map
Source: Maine Listings
MLS Number: 1530210
APN: TOPM-000005A-000000-000003-AR000000
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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