NOT LISTED FOR SALE

3 Munroe Ln Topsham, ME 04086

Estimated Value: $258,000 - $283,000

2 Beds
1.5 Baths
1,040 Sq Ft
$225/mo HOA Fee

Last Sold July 15, 2020

Last sale price $145,000 $139 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,956/month

12 Days on Market

Highlights

  • View of Trees or Woods
  • Colonial Architecture
  • Bathtub
  • 7.39 Acre Lot
  • Attic
  • Landscaped

About This Home

As of July 2020

This easy to maintain and efficient to heat condo is centrally located in Topsham. The first floor includes the living room, dining room, fully applianced kitchen and 1/2 bath. The second floor has 2 large bedrooms and full bath with convenient 2nd floor laundry. The 3rd level boasts a large storage attic or use it seasonally for extra space. Relax on the private patio with woods. Take note of the VERY low heating costs and affordable taxes. Includes 2 parking spaces. Super convenient - minutes from Topsham shopping, Bath and I295. Come and enjoy the convenience of maintenance free condo living!

Last Agent to Sell the Property

Michelle Davis

Tim Dunham Realty Brokerage Phone: 207-729-7297 Listed on: 05/26/2020

Last Buyer's Agent

Brent Sawyer

Regency Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,817

Year Built

  • Built in 1983

Lot Details

  • Fenced
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • Views of Woods
  • Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number TOPM-000005A-000000-000002-000003R

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,817

Year Built

Built in 1983

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 7.39
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly; first set of condo buildings on left; go to #3
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Year Built: 1983
  • Attribution Contact: 207-729-7297
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 7.39
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1040.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Fence: Yes
  • Location Information:Association Fee: 225.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Attic: Yes
  • Property Information:Short Sale Continue to Show: No
  • Heat Fuel:K-1Kerosene: Yes
  • View:TreesWoods: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Heater:Tank: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Attic, Bathtub

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Sidewalks, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided
  • View: Trees/Woods
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 321908.4
  • Parcel #: TOPM-000005A-000000-000002-000003R
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1817.0
  • Tax Book Number: 1449
  • Tax Lot: 3
  • Tax Map Number: RO5A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jul 14, 2020
Sold by
Allen Reade L
Bought by
Campbell Shelby L and Stavness Kevin T
Seller's Agent
Michelle Davis
Tim Dunham Realty
Buyer's Agent
Brent Sawyer
Regency Realty Group
List Price
$137,000
Sold Price
$145,000
Premium/Discount to List
$8,000
5.84%
Total Days on Market
12
Current Estimated Value
$268,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,490
Avg. Annual Appreciation
12.80%
Original Mortgage
$140,650
Outstanding Balance
$126,648
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$135,982
Source: Public Records

Range of Values:

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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
Campbell Shelby L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Shelby L $140,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $145,000 +5.8% $139 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $137,000 -- $132 / 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 $2,773 $221,800 $20,000 $201,800
2023 $2,864 $210,900 $20,000 $190,900
2022 $2,812 $195,000 $20,000 $175,000
2021 $2,339 $147,400 $20,000 $127,400
2020 $2,349 $131,500 $20,000 $111,500
2019 $2,315 $120,900 $20,000 $100,900
2018 $1,583 $110,500 $20,000 $90,500
2017 $2,002 $110,500 $20,000 $90,500
2016 $1,898 $105,500 $20,000 $85,500
2015 $1,715 $95,500 $20,000 $75,500
2014 $1,603 $92,500 $20,000 $72,500
2013 $1,507 $90,500 $20,000 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1452341

Maine Listings

APN: TOPM-000005A-000000-000002-000003R