NOT LISTED FOR SALE

27 Prospect St Topsham, ME 04086

Estimated Value: $408,000 - $444,000

6 Beds
2 Baths
2,083 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $350,000 $168 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,667/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • Cooling Available

About This Home

As of August 2021

Remarkable two unit in desirable neighborhood. Walking distance to walking path along the Androscoggin River or downtown area. The first floor is powered mostly by the roof top solar panels and is nicely appointed with hardwood floors, heat pumps and beautiful kitchen cabinets/ island with granite top. Lease ends 10/31/21. Second Unit is located on the second and third floor, with large eat in kitchen, living room, bathroom with tub/shower combo and washer/dryer, 3 bedrooms and an office. Lease ends 9/30/21. Open house Sunday 12-2 and Monday 12-2

Last Agent to Sell the Property

Robert Whisenant

RE/MAX Riverside Listed on: 06/10/2021

RE/MAX Riverside

Last Buyer's Agent

Robert Whisenant

RE/MAX Riverside Listed on: 06/10/2021

RE/MAX Riverside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Open Lot

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,083 Sq Ft Home
  • Unfinished Basement
  • Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Natural Gas Not Available

Additional Features

  • Solar Heating System
  • Porch
  • City Lot

Listing and Financial Details

  • Tax Lot 102
  • Assessor Parcel Number TOPM-000001-000000-000102U

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,116
  • Gross Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,592

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • MLS Status: Closed
  • Directions: Off Bridge St to Oak St to Prospect St
  • Above Grade Finished Sq Ft: 2083.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Year Built: 1890
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2083.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 34800.0
  • Income Expenses Operating Expenses: 7116.0
  • Style:Colonial: Yes
  • Water Heater:Heat Pump2: Yes
  • Heat Fuel:Solar: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Exterior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom

Exterior Features

  • Lot Features: Open Lot, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump, Baseboard
  • 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: 8712.0
  • Parcel #: TOPM-000001-000000-000102U
  • Zoning: Res

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 34800.0
  • Annual Operating Expense: 7116.0

Tax Info

  • Tax Annual Amount: 3592.0
  • Tax Book Number: 2986
  • Tax Lot: 102
  • Tax Map Number: U01
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Aug 10, 2021
Sold by
Bouchard Edward P and Bouchard Carole J
Bought by
Scocozzo Suzanne M
Seller's Agent
Robert Whisenant
RE/MAX Riverside
Buyer's Agent
Robert Whisenant
RE/MAX Riverside
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Current Estimated Value
$423,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,177
Avg. Annual Appreciation
4.22%
Original Mortgage
$297,500
Outstanding Balance
$273,786
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,456

Purchase Details

Closed on
Mar 3, 2008
Sold by
Humes Eric Richard
Bought by
27 Prospect Street Res T
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
Scocozzo Suzanne M -- None Available
27 Prospect Street Res T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scocozzo Suzanne M $297,500
Previous Owner Bouchard Edward $140,250
Previous Owner Bouchard Edward P $18,653
Previous Owner 27 Prospect Street Res T $134,100
Previous Owner Humes Eric R $173,500
Previous Owner Humes Eric R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $350,000 +7.7% $168 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $325,000 -- $156 / 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 $4,333 $346,600 $65,700 $280,900
2023 $4,188 $308,400 $62,600 $245,800
2022 $4,003 $277,600 $58,100 $219,500
2021 $3,912 $246,500 $53,300 $193,200
2020 $3,592 $201,100 $53,300 $147,800
2019 $3,671 $191,700 $51,200 $140,500
2018 $3,109 $166,000 $40,000 $126,000
2017 $3,008 $166,000 $40,000 $126,000
2016 $2,986 $166,000 $40,000 $126,000
2015 $2,981 $166,000 $40,000 $126,000
2014 $2,802 $161,700 $40,000 $121,700
2013 $2,692 $161,700 $40,000 $121,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1495793

Maine Listings

APN: TOPM-000001-000000-000102U