NOT LISTED FOR SALE

2 Melcher Place Topsham, ME 04086

Estimated Value: $714,000 - $1,353,000

8 Beds
6 Baths
6,794 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $975,000 $144 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,977/month

3 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Colonial Architecture
  • The property is located in a historic district
  • 1.3 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of May 2022

This beautifully renovated, historic home offers an amazing package of 3 properties including a stately, main residence, one bedroom apartment and well-designed office/retail space.
*1. First, take in over two centuries of history in the federal style main home boasting 6,794 sf. Gorgeous wood floors and molding, fireplaces in every room and impressive foyer are just some of the home's highlights. The large kitchen features granite counters and sliders to the beautiful patio and fenced-in backyard. Upstairs is equally impressive with an open landing, four large bedrooms including a master suite with updated bath. Finally the stunning third floor is another 695sf with walnut flooring and many potential exciting uses like a large game room for entertaining.
*2. Second, the one bedroom apartment has been rented successfully on AirBnB for years. With a private entrance, and more period details, guest will love staying here while taking in all the Topsham/Brunswick area has to offer.
3. Last but not least, the 2,160sf commercial space lends itself to many different business types including a doctor's office, spa, retail and more. Plenty of parking and visibility make it easily accessible without disturbing the main home. The large, 1.3 acre lot has been meticulously cared for and features stone walls, mature trees, perennial gardens and amazing curb appeal. Location is everything - this property is situated in Topsham and is just minutes to downtown Brunswick, Bowdoin College as well as I295 for easy commutes to Portland and Augusta. A true gem, full of history, comfort and opportunity!

Last Agent to Sell the Property

Tim Dunham

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 04/22/2022

Last Buyer's Agent

Stephen Peck

RE/MAX Shoreline

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,413

Year Built

  • Built in 1795

Lot Details

  • 1.3 Acre Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned MV-Historic District

Home Design

  • Colonial Architecture
  • Federal Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,794 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 9 Fireplaces
  • Home Office
  • Library with Fireplace
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Bedroom Suite
  • In-Law or Guest Suite
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Gravel Driveway
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Patio
  • Shed
  • Outbuilding

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • Zoned Heating
  • Radiator
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 59
  • Assessor Parcel Number TOPM-000006-000000-000059U

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,413

Year Built

Built in 1795

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Corner of Main Street and Melcher Place and Pleasant Streets
  • Above Grade Finished Sq Ft: 6794.0
  • Architectural Style: Colonial, Federal
  • Garage Yn: No
  • Year Built: 1795
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 1.3
  • Property Information:Total Baths: 6.0
  • Property Information:SqFt Finished Above Grade: 6794.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Kitchen Countertop:Granite: Yes
  • Gas:Natural - On Site: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Amenities:Walk-in Closets: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Room Features:Eat-in Kitchen2: Yes
  • Room Features:Suite17: Yes
  • Heat System:Multi-Zones: Yes
  • Heat System:Radiant: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Amenities:Attic: Yes
  • Living Room Amenities:Wood Burning Fireplace14: Yes
  • Room Features:Skylight32: Yes
  • Room Features:Wood Burning Fireplace29: Yes
  • Driveway:Gravel: Yes
  • Room Features:Dining Area2: Yes
  • View:TreesWoods: Yes
  • Family Room:Family Room: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Great Room:Great Room: Yes
  • Great Room Amenities:Cathedral Ceiling18: Yes
  • Room Features:Cathedral Ceiling29: Yes
  • Water Heater:Tank: Yes
  • Heat System:Radiator: Yes
  • Style:Federal: Yes
  • Bedroom Amenities 2:Wood Burning Fireplace2: Yes
  • Dining Room Amenities:Wood Burning Fireplace8: Yes
  • Laundry Room:Laundry Room: Yes
  • Room Features:Built-Ins30: Yes
  • Amenities:In-Law Apartment: Yes
  • Library:Library: Yes
  • Foundation Materials:Granite2: Yes
  • Amenities:Hot Tub: Yes
  • Library Amenities:Wood Burning Fireplace13: Yes
  • Family Room Amenities:Cathedral Ceiling17: Yes
  • Bedroom Amenities 4:Full Bath4: Yes
  • Bedroom Amenities 4:Suite4: Yes
  • Office Amenities:Cathedral Ceiling2: Yes
  • Primary Bedroom Amenities:Wood Burning Fireplace15: Yes
  • Family Room Amenities:Skylight18: Yes
  • Kitchen Amenities:Wood Burning Fireplace12: Yes
  • Bedroom Amenities 3:Wood Burning Fireplace3: Yes
  • Other Structures:Shed: Yes
  • Other Structures:Out Building: Yes
  • Bedroom Amenities 5:Cathedral Ceiling11: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 9
  • Bedroom Amenities 6 Cathedral Ceiling19: Yes
  • Bedroom Amenities 8 Cathedral Ceiling21: Yes
  • Special Features: VirtualTour

Interior Features

  • Private Spa: Yes
  • Appliances: Refrigerator, Dishwasher
  • Has Basement: Bulkhead, Walk-Out Access, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplaces: 9
  • Fireplace: Yes
  • Interior Amenities: Walk-in Closets, Attic, Bathtub, In-Law Floorplan, Shower, Storage
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Bedroom 4 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Laundry Room Laundry Room Level: Second

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Open Lot, Sidewalks, Landscaped, Historic District, Intown, Near Shopping, Near Town, Neighborhood
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Granite
  • Other Structures: Outbuilding, Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Metal, Pitched, Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Gravel, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Radiant, Multi-Zones, Hot Water
  • 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: 56628.0
  • Parcel #: TOPM-000006-000000-000059U
  • Zoning: MV-Historic District

Tax Info

  • Tax Annual Amount: 10413.0
  • Tax Book Number: 3025
  • Tax Lot: 59
  • Tax Map Number: U06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 22, 2022
Sold by
Jordan Rachel and Renvyle Tad
Bought by
Rachel E Jordan Ret
Seller's Agent
Tim Dunham
Tim Dunham Realty
Buyer's Agent
Stephen Peck
RE/MAX Shoreline
List Price
$950,000
Sold Price
$975,000
Premium/Discount to List
$25,000
2.63%
Total Days on Market
3
Current Estimated Value
$1,066,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,307
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Oct 15, 2008
Sold by
Watkinson Christoper J and Watkinson Margaret C
Bought by
Shankman Neil S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Rachel E Jordan Ret -- None Available
Shankman Neil S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shankman Neil S $485,000
Previous Owner Shankman Neil S $485,000
Previous Owner Shankman Neil S $100,000
Previous Owner Shankman Neil S $417,000
Previous Owner Shankman Neil S $416,250
Previous Owner Watkinson Christopher $331,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $975,000 +2.6% $144 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $950,000 -- $140 / 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 $12,235 $978,800 $64,700 $914,100
2023 $11,663 $858,800 $61,600 $797,200
2022 $11,677 $809,800 $59,400 $750,400
2021 $10,412 $656,100 $54,600 $601,500
2020 $10,012 $560,600 $54,600 $506,000
2019 $9,860 $514,900 $54,600 $460,300
2018 $9,704 $518,100 $49,000 $469,100
2017 $9,388 $518,100 $49,000 $469,100
2016 $9,394 $522,200 $49,000 $473,200
2015 $9,528 $530,500 $49,000 $481,500
2014 $9,410 $543,000 $49,000 $494,000
2013 $9,041 $543,000 $49,000 $494,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1525531

Maine Listings

APN: TOPM-000006-000000-000059U