NOT LISTED FOR SALE

40 Munroe Ln Topsham, ME 04086

Estimated Value: $270,000 - $308,000

2 Beds
1.5 Baths
1,304 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $231,550 $178 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,073/month

2 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Landscaped
  • Skylights
  • Shed
  • Dining Room

About This Home

As of March 2023

Come see this efficient 2 bedroom Condo with private fenced in patio. Kitchen with pantry has new counters and is ready for new creative meals. Kitchen also flows to dining and living areas, great for those larger get togethers. Dining area sliders open to back patio for summer months. Upstairs Master bedroom, guest bedroom and full bathroom round out second floor. Addional living space on third floor with huge bonus room, just bring your creative ideas. Located near schools, turnpike, Topsham Fair Mall and all amenties.

Last Agent to Sell the Property

Amanda Liguori

Meservier & Associates Listed on: 02/16/2023

Last Buyer's Agent

Madeleine Hill

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1983

Lot Details

  • Street terminates at a dead end
  • Landscaped

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,304 Sq Ft Home
  • Skylights
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Electric Range
  • Microwave
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 002-40
  • Assessor Parcel Number TOPM-000005A-000000-000002-000040R

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,826

Year Built

Built in 1983

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1304.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1983
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 168.71
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1304.0
  • 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
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: 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
  • Location Information:Association Fee: 280.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 6
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Exterior:Wood Siding: Yes
  • Bonus Room:Bonus Room: Yes
  • Basement:Slab2: Yes
  • Room Features:Skylight32: Yes
  • Roads:Dead End: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Room Features:Dining Area2: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Kitchen Countertop:Formica: Yes
  • Dining Room Amenities:Informal: Yes
  • Living Room Amenities:Informal2: Yes
  • Style:Townhouse: Yes
  • Bonus Room Amenities:Skylight14: Yes
  • Other Structures:Shed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: Come see this efficient 2 bedroom Condo with private fenced in patio. Kitchen with pantry has new counters and is ready for new creative meals. Kitchen also flows to dining and living areas, great for those larger get togethers. Dining area sliders open to back patio for summer months. Upstairs Master bedroom, guest bedroom and full bathroom round out second floor. Addional living space on third floor with huge bonus room, just bring your creative ideas. Located near schools, turnpike, Topsham Fair Mall and all amenties. FMI Contact Amanda Liguori @ Meservier & Associates.
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Microwave, Electric Range, Dryer
  • Has Basement: Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Pantry
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 280.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Parcel #: TOPM-000005A-000000-000002-000040R
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2826.0
  • Tax Lot: 002-40
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 21, 2023
Sold by
Thayer Charles R and Thayer Carol J
Bought by
Frey Brenda
Seller's Agent
Amanda Liguori
Meservier & Associates
Buyer's Agent
Madeleine Hill
Coldwell Banker Realty
List Price
$220,000
Sold Price
$231,550
Premium/Discount to List
$11,550
5.25%
Current Estimated Value
$290,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,735
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Oct 27, 2015
Closed on
Feb 3, 2016
Sold by
Cousineau Robert E
Bought by
Thayer Carol J and Thayer Charles R
Seller's Agent
Vincent Matson
NextHome Premier Realty
Buyer's Agent
Michael Thomas
Keller Williams Realty
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$75,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2005
Sold by
Weiblen Shawn A
Bought by
Cousineau Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Frey Brenda $231,550 None Available
Thayer Carol J -- --
Cousineau Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thayer Carol J $75,000
Previous Owner Cousineau Robert E $98,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Sold $231,550 +5.3% $178 / Sq Ft
02/18/2023 02/18/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $220,000 +109.5% $169 / Sq Ft
03/02/2016 03/02/16 Sold $105,000 -3.7% $81 / Sq Ft View Prior Sale
12/18/2015 12/18/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $109,000 -- $84 / 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 $3,305 $258,200 $50,000 $208,200
2024 $2,788 $223,000 $20,000 $203,000
2023 $2,879 $212,000 $20,000 $192,000
2022 $2,826 $196,000 $20,000 $176,000
2021 $2,350 $148,100 $20,000 $128,100
2020 $2,359 $132,100 $20,000 $112,100
2019 $2,327 $121,500 $20,000 $101,500
2018 $2,079 $111,000 $20,000 $91,000
2017 $2,011 $111,000 $20,000 $91,000
2016 $1,907 $106,000 $20,000 $86,000
2015 $1,722 $95,900 $20,000 $75,900
2014 $1,610 $92,900 $20,000 $72,900
2013 $1,513 $90,900 $20,000 $70,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1552488

Maine Listings

APN: TOPM-000005A-000000-000002-000040R