NOT LISTED FOR SALE

159 River Rd Topsham, ME 04086

Estimated Value: $471,000 - $540,270

3 Beds
2 Baths
2,228 Sq Ft
$231/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $416,500 $187 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,210/month

35 Days on Market

Highlights

  • River Front
  • Deck
  • Ranch Style House
  • Scenic Views
  • Wooded Lot
  • No HOA

About This Home

As of October 2022

Freshly remodeled home with new flooring, paint, bathroom and more! This home has been converted into a legal 2-unit home but could work as a single family with an in-law or with a small modification the floorplan can be reverted back to a full single family home with 3+ bedrooms, 2 full baths, great living area!

Last Agent to Sell the Property

Tim Dunham

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 08/25/2022

Last Buyer's Agent

April Cohen

Duston Leddy Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,177

Year Built

  • Built in 1975

Lot Details

  • 0.68 Acre Lot
  • River Front
  • Landscaped
  • Level Lot
  • Open Lot
  • Wooded Lot

Parking

  • 2 Car Direct Access Garage
  • Heated Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Laminate Flooring

Bedrooms and Bathrooms

  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Shed

Location

  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 17-1
  • Assessor Parcel Number TOPM-000001-000000-000017-000001R

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverview Park Subdivision

Amenities

  • Community Storage Space

Building Details

  • Operating Expense $8,000
  • Gross Income $39,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,177

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.68
  • Road Surface Type: Paved
  • Water Body Name: Androscoggin River
  • MLS Status: Closed
  • Subdivision Name: Riverview Park
  • Directions: Corner of River Road and Riverview Drive (GPS Friendly Address)
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1975
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 248.78
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.68
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1728.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Seasonal
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Percent Basement Finished: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Location:Suburban: Yes
  • Style:Ranch: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 39600.0
  • Income Expenses Operating Expenses: 8000.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Roof:Pitched: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Site:Wooded: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Property Information:Bank Owned REO: No
  • Sewer:Septic Design Available: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Basement:Sump Pump: Yes
  • Amenities:In-Law Apartment: Yes
  • Vehicle Storage:Heated: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Freshly remodeled home with new flooring, paint, bathroom and more! This home has been converted into a legal 2-unit home but could work as a single family with an in-law or with a small modification the floorplan can be reverted back to a full single family home with 3+ bedrooms, 2 full baths, great living area!
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Finished, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Below Grade Sq Ft: 500.0
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, In-Law Floorplan, One-Floor Living, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Wooded, Subdivided, Suburban
  • View: Trees/Woods, Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Pitched, Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Garage Door Opener, Inside Entrance, Heated Garage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water
  • Heating Yn: Yes
  • Electric: On Site, Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29620.8
  • Parcel #: TOPM-000001-000000-000017-000001R
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39600.0
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4176.98
  • Tax Lot: 17-1
  • Tax Year: 2022

Matterport 3D Tour

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $416,500 -3.1% $187 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $429,900 -- $193 / 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
2025 $6,104 $476,900 $65,100 $411,800
2024 $5,949 $475,900 $60,300 $415,600
2023 $5,708 $420,300 $57,600 $362,700
2022 $4,818 $334,100 $55,500 $278,600
2021 $4,177 $263,200 $51,000 $212,200
2020 $4,024 $225,300 $51,000 $174,300
2019 $4,052 $211,600 $51,000 $160,600
2018 $3,613 $192,900 $45,600 $147,300
2017 $3,495 $192,900 $45,600 $147,300
2016 $3,441 $191,300 $45,600 $145,700
2015 $3,353 $186,700 $45,600 $141,100
2014 $3,208 $185,100 $45,600 $139,500
2013 $3,082 $185,100 $45,600 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1541179

Maine Listings

APN: TOPM-000001-000000-000017-000001R