NOT LISTED FOR SALE

14 Main St Topsham, ME 04086

Estimated Value: $433,000 - $468,000

5 Beds
3 Baths
2,376 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $385,000 $162 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,819/month

2 Days on Market

Highlights

  • Nearby Water Access
  • Country Club
  • Property is near public transit
  • Public Beach
  • Colonial Architecture
  • Wood Flooring

About This Home

As of May 2022

A great investment in Topsham's lower village and just over the bridge from downtown Brunswick. Three units which are all under-rented by as much as $10,000 annually. Apartment B and C have been completely updated. Apartment A is two bedroom, one bath in need of some cosmetics. Apartment B is two bedroom, one bath and fully updated. Apartment C is a large one bedroom up in the back with tons of privacy. Ample parking, newer furnaces, roof and appliances with basement completely insulated and sewer drain replaced. Tenants pay all utilities other than water/sewer - heated with natural gas too! Easily owner occupied as well.

Last Listed By

Diane Moyer

RE/MAX Riverside Brokerage Phone: 207-720-0139 Listed on: 03/31/2022

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,918

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Public Beach
  • Lot Has A Rolling Slope

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,376 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Dirt Floor

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12a
  • Assessor Parcel Number TOPM-000002-000000-000012U

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $6,432
  • Gross Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,918

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: 1874
  • Co List Office Phone: 207-725-8505
  • MLS Status: Closed
  • Directions: Cross the bridge from Brunswick and go a bit further to #14 on left - sits quite a ways back from the road.
  • Above Grade Finished Sq Ft: 2376.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1900
  • Attribution Contact: 207-720-0139
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2376.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Foundation Materials:Stone: Yes
  • Building Info:_pound_ Stories2: 3
  • Income Expenses Gross Income: 23100.0
  • Income Expenses Operating Expenses: 6432.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Heat System:Direct Vent Furnace: Yes
  • Transportation:Public Transport Access: Yes
  • Building Info:_pound_ Floors3: 3
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Interior Entry
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Lot Features: Rolling Slope, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Direct Vent Furnace, Hot 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: 5662.8
  • Parcel #: TOPM-000002-000000-000012U
  • Zoning: LV/R4

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 23100.0
  • Annual Operating Expense: 6432.0

Tax Info

  • Tax Annual Amount: 2918.0
  • Tax Book Number: 3276
  • Tax Lot: 12a
  • Tax Map Number: U2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 13, 2022
Sold by
Rubin David
Bought by
Haggerty Lisa R and Haggerty Laurie B
Seller's Agent
Diane Moyer
RE/MAX Riverside
Buyer's Agent
Ryan Haggerty
Keller Williams Realty
List Price
$355,000
Sold Price
$385,000
Premium/Discount to List
$30,000
8.45%
Total Days on Market
2
Current Estimated Value
$450,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,246
Avg. Annual Appreciation
5.81%
Original Mortgage
$235,000
Outstanding Balance
$226,149
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$229,198

Purchase Details

Closed on
Mar 15, 2011
Sold by
Rubin Lydia
Bought by
Rubin Lydia and Rubin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Haggerty Lisa R -- None Available
Haggerty Lisa R -- None Available
Rubin Lydia -- --
Rubin Lydia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haggerty Lisa R $235,000
Closed Haggerty Lisa R $235,000
Previous Owner Rubin Lydia $75,000
Previous Owner Rubin Lydia $50,000
Previous Owner Rubin Lydia $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $385,000 +8.5% $162 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $355,000 -- $149 / Sq Ft
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 $3,724 $297,900 $42,900 $255,000
2023 $3,569 $262,800 $40,900 $221,900
2022 $3,412 $236,600 $39,500 $197,100
2021 $2,918 $183,900 $36,200 $147,700
2020 $3,031 $169,700 $36,200 $133,500
2019 $3,114 $162,600 $36,200 $126,400
2018 $2,708 $144,600 $32,300 $112,300
2017 $2,620 $144,600 $32,300 $112,300
2016 $2,601 $144,600 $32,300 $112,300
2015 $2,597 $144,600 $32,300 $112,300
2014 $2,431 $140,300 $32,300 $108,000
2013 $2,336 $140,300 $32,300 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1523201

Maine Listings

APN: TOPM-000002-000000-000012U