NOT LISTED FOR SALE

388 River Rd Topsham, ME 04086

Estimated Value: $510,000 - $550,000

3 Beds
2 Baths
2,204 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $245,000 $111 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,225/month

29 Days on Market

Highlights

  • 1.75 Acre Lot
  • Deck
  • No HOA
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of November 2018

This spacious cape is offered to the market for the first time. There is a lot to like in this home, including a spacious country kitchen, large living room, 2 bedrooms on the main level, and a generous bedroom and den on the 2nd level. The property is offered as the residence separately, as well as for a "package" to include the shop/garage and a total of 4.6 acres for the price of $398,000.

Last Agent to Sell the Property

Sue Spann

RE/MAX Riverside Brokerage Phone: 207-725-1967 Listed on: 09/10/2018

RE/MAX Riverside

Co-Listed By

Lula Hansen

RE/MAX Riverside Brokerage Phone: 207-725-1967

Last Buyer's Agent

Laurie Bisson

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.75 Acre Lot
  • Level Lot
  • Open Lot
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • 2,204 Sq Ft Home
  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Natural Gas Not Available
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number TOPM-000001-000000-000042R

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1.75 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.75
  • Road Surface Type: Paved
  • Co List Office Phone: 207-725-8505
  • MLS Status: Closed
  • Directions: Main St Topsham to Winter St, which becomes River Rd. Go to #388 on the left.
  • Above Grade Finished Sq Ft: 2204.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 1988
  • Attribution Contact: 207-725-1967
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 111.16
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.75
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2204.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Sewer:Private Sewer: Yes
  • Water:Private2: Yes
  • Driveway:Gravel: Yes
  • Kitchen Countertop:Formica: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: This spacious cape is offered to the market for the first time. There is a lot to like in this home, including a spacious country kitchen, large living room, 2 bedrooms on the main level, and a generous bedroom and den on the 2nd level. The property is offered as the residence separately, as well as for a "package" to include the shop/garage and a total of 4.6 acres for the price of $398,000. RE/MAX Riverside (207) 725-8505. Sue Spann (extension 114) and Lula Hansen (extension 117), listing brokers.
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Bedroom
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Open Lot, Near Shopping
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Gravel, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer
  • Utilities: Utilities On
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 76230.0
  • Parcel #: TOPM-000001-000000-000042R
  • Zoning: R2

Tax Info

  • Tax Annual Amount: 7094.0
  • Tax Lot: 042
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 28, 2018
Sold by
David John L Est
Bought by
Peters Robert A and Rose Jennifer L
Seller's Agent
Sue Spann
RE/MAX Riverside
Buyer's Agent
Laurie Bisson
Keller Williams Realty
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$524,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,394
Avg. Annual Appreciation
11.05%
Original Mortgage
$196,000
Outstanding Balance
$172,004
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$352,390
Source: Public Records
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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
Peters Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Robert A $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $245,000 -7.5% $111 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $265,000 -- $120 / Sq Ft
Source: Maine Listings

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 $6,273 $490,100 $65,000 $425,100
2024 $6,170 $493,600 $60,600 $433,000
2023 $6,021 $443,400 $57,900 $385,500
2022 $5,207 $361,100 $55,900 $305,200
2021 $5,024 $316,600 $51,600 $265,000
2020 $5,045 $282,500 $51,600 $230,900
2019 $4,833 $252,400 $51,600 $200,800
2018 $7,333 $391,500 $72,000 $319,500
2017 $7,094 $391,500 $72,000 $319,500
2016 $6,969 $387,400 $72,000 $315,400
2015 $6,694 $372,700 $65,500 $307,200
2014 $6,315 $364,400 $65,500 $298,900
2013 $6,067 $364,400 $65,500 $298,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1369475

Maine Listings

APN: TOPM-000001-000000-000042R

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