NOT LISTED FOR SALE

5 Rachael Dr Unit 24 Topsham, ME 04086

Estimated Value: $395,000 - $424,000

3 Beds
2 Baths
1,386 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $250,000 $180 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,865/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Porch
  • Deck
  • 1 Car Direct Access Garage
  • Bathtub

About This Home

As of October 2018

Location - Location! This Smith Farm Condominium, built in 2005, offers the best of locations, yet tucked in a quiet neighborhood. This lovely home offers three bedrooms, and two full baths. Bamboo wood flooring in the living/dining/kitchen areas. Other amenities are efficient natural gas heat, central vacuum, air conditioning, first floor bedroom/bath, full basement, deck, and attached 1 car garage.

Last Agent to Sell the Property

Lisa Buthlay

RE/MAX Riverside Listed on: 09/10/2018

RE/MAX Riverside

Last Buyer's Agent

Dot Ollier

William Raveis Real Estate

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,869

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Open Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Roof
  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,386 Sq Ft Home
  • Central Vacuum
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Cable TV Available

Community Details

  • 2 Units
  • Smith Farms Condo Owners Assoc Top Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 027-24
  • Assessor Parcel Number TOPM-000022-000000-000027-000024U

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,869

Year Built

Built in 2005

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Smith Farms Condo Owners Assoc Top
  • Directions: From Route 196, turn onto Mallett Dr. at light by Rite-Aid. Take a left from Mallett Dr. on Anthony Dr. First left on Hannah Drive. Left on Rachael Dr. to #5 . Second unit in first building on the right.
  • Above Grade Finished Sq Ft: 1386.0
  • Architectural Style: Duplex, Cape
  • Garage Yn: Yes
  • Year Built: 2005
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1386.0
  • Property Information:Garage: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 275.0
  • Location Information:Fee Frequency Paid: Monthly
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 2
  • Gas:Natural - On Site: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Heat Fuel:Gas Natural: Yes
  • Amenities:Walk-in Closets: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Kitchen Amenities:Island: Yes
  • Roof:Composition2: Yes
  • Heat System:Multi-Zones: Yes
  • Amenities:Bathtub: Yes
  • Bedroom 1 Amenities:Full Bath: Yes
  • Style:Duplex: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Appliances Included:Gas Range: Yes
  • Property Information:Bank Owned REO: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • Construction:Modular: Yes
  • Cooling:AC Units: Yes
  • Electric:Underground: Yes
  • Bedroom Amenities 2:Walk-in Closet2: Yes
  • Equipment:Central Vacuum: Yes
  • Roof:Wood: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Gas Range, Dryer, Dishwasher
  • Has Basement: Full, Not Applicable, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, Bathtub
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Landscaped, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Modular
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch
  • Roof: Wood
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Cooling: Other, A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Underground, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: TOPM-000022-000000-000027-000024U
  • Zoning: R1

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 3869.0
  • Tax Book Number: 2619
  • Tax Lot: 027-24
  • Tax Map Number: U22
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 30, 2018
Sold by
Blair John A
Bought by
Bourassa Jo-Ann C
Seller's Agent
Lisa Buthlay
RE/MAX Riverside
Buyer's Agent
Dot Ollier
William Raveis Real Estate
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Current Estimated Value
$409,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,030
Avg. Annual Appreciation
7.10%
Original Mortgage
$200,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2015
Closed on
Nov 24, 2015
Sold by
Schwartz Roberta B
Bought by
Blair John A
Seller's Agent
Dorothy Ollier
RE/MAX Riverside
Buyer's Agent
Lisa Buthlay
Coldwell Banker Realty
List Price
$227,900
Sold Price
$212,000
Premium/Discount to List
-$15,900
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$169,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
J F D Llc
Bought by
Schwartz Roberta B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,320
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bourassa Jo-Ann C -- --
Blair John A -- --
Schwartz Roberta B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bourassa Jo-Ann C $200,000
Closed Blair John A $169,600
Closed Schwartz Roberta B $162,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $250,000 +0.4% $180 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $249,000 +17.5% $180 / Sq Ft
11/20/2015 11/20/15 Sold $212,000 -7.0% $153 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $227,900 -- $164 / 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 $3,969 $317,500 $55,000 $262,500
2023 $4,141 $304,900 $55,000 $249,900
2022 $3,722 $258,100 $55,000 $203,100
2021 $3,971 $250,200 $55,000 $195,200
2020 $4,190 $234,600 $55,000 $179,600
2019 $4,194 $219,000 $55,000 $164,000
2018 $3,999 $213,500 $55,000 $158,500
2017 $3,869 $213,500 $55,000 $158,500
2016 $3,623 $201,400 $55,000 $146,400
2015 $3,508 $195,300 $55,000 $140,300
2014 $3,307 $190,800 $55,000 $135,800
2013 $3,027 $181,800 $55,000 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1368775

Maine Listings

APN: TOPM-000022-000000-000027-000024U