NOT LISTED FOR SALE

24 Main St Topsham, ME 04086

Estimated Value: $411,055

3 Beds
3 Baths
3,491 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $245,000 $70 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,566/month

408 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • Bathtub
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2017

3 unit, multi-family property with 1st floor commercial store front. Offering (2) two bedroom units, a 3 bedroom unit, and an 800 sq. ft. store front commercial space. Located in Topsham's Lower Village & Historic District, within walking distance to Bowdoin College. Perfect investment property or owner-occupied opportunity. Off street parking and close to I-295, Rte1 and the connector.

Last Listed By

Joseph Spann

RE/MAX Riverside Listed on: 02/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,491 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Bathtub

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Location

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 016
  • Assessor Parcel Number TOPM-000002-000000-000016U

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,129

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 3491.0
  • Architectural Style: Other Style
  • Building Stories: 2
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3491.0
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 3
  • Building Info:_pound_ Stories2: 2
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Location:Historic District: Yes
  • Basement:Dirt Floor: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Dirt Floor, Interior Entry, Unfinished
  • Full Bathrooms: 3
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Bathtub

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Historic District, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: TOPM-000002-000000-000016U
  • Zoning: LV

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4129.0
  • Tax Book Number: 646
  • Tax Lot: 016
  • Tax Map Number: U02
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 28, 2017
Sold by
Barnhart John P
Bought by
Topsham Fine Arts Llc
Seller's Agent
Joseph Spann
RE/MAX Riverside
Buyer's Agent
Meghan Murphy
CHR Realty
List Price
$272,000
Sold Price
$245,000
Premium/Discount to List
-$27,000
-9.93%
Total Days on Market
408
Current Estimated Value
$411,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,055
Avg. Annual Appreciation
6.87%

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
Topsham Fine Arts Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $245,000 -9.9% $70 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
02/26/2016 02/26/16 For Sale $272,000 -- $78 / 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 $3,176 $254,100 $83,300 $170,800
2023 $3,396 $250,100 $79,300 $170,800
2022 $3,568 $247,400 $76,600 $170,800
2021 $3,826 $241,100 $70,300 $170,800
2020 $4,306 $241,100 $70,300 $170,800
2019 $4,539 $237,000 $66,200 $170,800
2018 $4,306 $229,900 $59,100 $170,800
2017 $4,166 $229,900 $59,100 $170,800
2016 $4,136 $229,900 $59,100 $170,800
2015 $4,129 $229,900 $59,100 $170,800
2014 $3,984 $229,900 $59,100 $170,800
2013 $4,326 $259,800 $89,000 $170,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1251740

Maine Listings

APN: TOPM-000002-000000-000016U