$411,000
SOLD DEC 11, 2024

34 Main St Topsham, ME 04086

-- Bed
3 Baths
3,503 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

2% Below List Price

76 Days on Market

Highlights

  • The property is located in a historic district
  • New Englander Architecture
  • Lot Has A Rolling Slope
  • Wood Flooring
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of December 2024

Desirable three-unit home in the heart of Topsham's historic district.

Each spacious unit features two bedrooms, full kitchen and living room. Off street parking, and so close to all that the Topsham/Brunswick region has to offer.

Tenants pay all utilities - electric, water, sewer, and heat.

The third-floor unit is purposely unoccupied for possible owner occupancy or to secure your own tenant.

We ask for a minimum of 24 hours' notice for showings for our valued tenants.

Last Agent to Sell the Property

Amy Saxton

Basin Point Real Estate Listed on: 09/21/2024

Last Buyer's Agent

Laura Cortez

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,657

Year Built

  • Built in 1870

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Has A Rolling Slope

Home Design

  • 3,503 Sq Ft Home
  • New Englander Architecture
  • Wood Frame Construction
  • Metal Roof
  • Clap Board Siding
  • Clapboard

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Brick Basement
  • Exterior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Location

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

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: most window treatments are tenant owned
  • Tax Lot 136
  • Assessor Parcel Number TOPM-000002-000000-000136U

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Historic District Overlay Subdivision

Building Details

  • Operating Expense $15,450
  • Gross Income $33,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,657

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Subdivision Name: Historic District Overlay
  • Above Grade Finished Sq Ft: 3503.0
  • Architectural Style: New Englander
  • Garage Yn: No
  • Year Built: 1870
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 119.75
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3503.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Cooling:None3: 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
  • Gas:Natural - On Site: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Heat Fuel:Gas Natural: Yes
  • Property Information:Number of Units: 3
  • Exterior:Clapboard: Yes
  • Income Expenses Gross Income: 33360.0
  • Income Expenses Operating Expenses: 15450.0
  • Location:Historic District: Yes
  • Basement:BrickMortar: Yes
  • Site:RollingSloping: Yes
  • Heat System:Direct Vent Heater: Yes
  • Basement Entry:Exterior Only: Yes
  • Style:New Englander: Yes
  • Advertising Remarks:Advertising Remarks: Desirable three-unit home in the heart of Topsham's historic district. Each spacious unit features two bedrooms, full kitchen and living room. Off street parking, and so close to all that the Topsham/Brunswick region has to offer. The third-floor unit is purposely unoccupied for possible owner occupancy or to secure your own tenant. We ask for a minimum of 24 hours' notice for showings for our valued tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Walk-Out Access, Exterior Only, Unfinished
  • Full Bathrooms: 3
  • Flooring: Wood, Vinyl, Carpet

Exterior Features

  • Lot Features: Rolling Slope, Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate
  • Waterfront: No
  • Exclusions: most window treatments are tenant owned
  • Construction Type: Clapboard, Wood Frame
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Common, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater
  • 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: 5662.8
  • Parcel #: TOPM-000002-000000-000136U
  • Zoning: Middle Village

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33360.0
  • Annual Operating Expense: 15450.0

Tax Info

  • Tax Annual Amount: 4657.0
  • Tax Lot: 136
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Dec 11, 2024
Sold by
Albanese Kelsey M
Bought by
Tomasulo-Pinson Liam
Seller's Agent
Amy Saxton
Basin Point Real Estate
Buyer's Agent
Laura Cortez
Keller Williams Realty
List Price
$419,500
Sold Price
$411,000
Premium/Discount to List
-$8,500
-2.03%
Views
41
Current Estimated Value
$418,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,946
Avg. Annual Appreciation
2.04%
Original Mortgage
$403,555
Outstanding Balance
$399,971
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$18,975

Purchase Details

Closed on
Jan 10, 2017
Sold by
Helen S Lord Lt and Lord
Bought by
Wolverton Anthony W and Wolverton Kelsey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,250
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2013
Sold by
Lord Helen S
Bought by
Helen S Lord Lt and Lord
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $411,000 None Available
Warranty Deed $411,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,555 FHA
Closed $403,555 FHA
Previous Owner $155,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Sold $411,000 -2.0% $117 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
09/21/2024 09/21/24 Price Changed $419,500 0.0% $120 / Sq Ft
09/21/2024 09/21/24 For Sale $419,500 +2.1% $120 / Sq Ft
09/03/2024 09/03/24 Off Market $411,000 -- --
08/20/2024 08/20/24 For Sale $429,500 -- $123 / 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 $5,039 $393,700 $43,900 $349,800
2024 $4,881 $390,500 $40,700 $349,800
2023 $4,657 $342,900 $38,700 $304,200
2022 $4,431 $307,300 $37,400 $269,900
2021 $4,310 $271,600 $34,300 $237,300
2020 $4,444 $248,800 $34,300 $214,500
2019 $4,546 $237,400 $34,300 $203,100
2018 $3,950 $210,900 $30,600 $180,300
2017 $3,822 $210,900 $30,600 $180,300
2016 $3,794 $210,900 $30,600 $180,300
2015 $3,788 $210,900 $30,600 $180,300
2014 $3,508 $202,400 $30,600 $171,800
2013 $3,370 $202,400 $30,600 $171,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1600967

Maine Listings

APN: TOPM-000002-000000-000136U