NOT LISTED FOR SALE

524 Cathance Rd Topsham, ME 04086

Estimated Value: $365,038

2 Beds
1 Bath
1,524 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 02, 2024

Last sale price $349,900 $230 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,293/month

60 Days on Market

Highlights

  • Barn
  • 3.4 Acre Lot
  • Deck
  • Scenic Views
  • Colonial Architecture
  • Farm

About This Home

As of December 2024

Welcome to 524 Cathance Road in Topsham, Maine! This beautiful farmhouse is set on over 3 acres and includes not one, but two outbuildings -- a garage with plenty of storage, and another very special outbuilding. Here you will find a piece of Topsham's history as this special building contains The Cathance School dating back to the 1800's. It was the last rural school used in Topsham, and closed in 1952. Later, this building was used as the Welch Family Farm Stand, and now stands ready for your commercial venture or storage needs. The house features beautiful wood floors, a cozy wood stove and fireplace, and a separate 'summer kitchen' next to the garage for all of your creative ventures. Come visit today!

Last Agent to Sell the Property

Karyn MacGrath

Keller Williams Realty Brokerage Email: Karyn.macgrath@kw.com Listed on: 08/29/2024

Keller Williams Realty

Last Buyer's Agent

Susan Brown

Hearth & Key Realty

Hearth & Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 1900

Lot Details

  • 3.4 Acre Lot
  • Rural Setting
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Parking

  • 1 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,524 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Outbuilding

Farming

  • Barn
  • Farm

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System
  • Septic Design Available
  • Private Sewer
  • Internet Available

Community Details

  • No Home Owners Association
  • Community Storage Space

Listing and Financial Details

  • Tax Lot 44A
  • Assessor Parcel Number TOPM-000010-000000-000044-AR000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,490

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.4
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS friendly.
  • Above Grade Finished Sq Ft: 1524.0
  • Architectural Style: Colonial, Farmhouse
  • Garage Yn: Yes
  • Year Built: 1900
  • Attribution Contact: Karyn.macgrath@kw.com
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: Unknown
  • Contract Information:List PriceSqFt: 229.59
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 3.4
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1524.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Stove: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Basement:Unfinished: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Foundation Materials:Block3: Yes
  • Style:Colonial: Yes
  • Office:Office: Yes
  • Appliances Included:Cooktop: Yes
  • Appliances Included:Wall Oven: Yes
  • Sewer:Private Sewer: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Heat Fuel:Wood2: Yes
  • Location:Rural: Yes
  • Water:Private2: Yes
  • View:TreesWoods: Yes
  • Equipment:Internet Access Available: Yes
  • Sewer:Septic Existing on Site: Yes
  • Water:Well Existing on Site: Yes
  • Sewer:Septic Design Available: Yes
  • Vehicle Storage:Storage Above: Yes
  • View:Scenic: Yes
  • Site:Farm: Yes
  • Equipment:Generator: Yes
  • Basement:Sump Pump: Yes
  • Other Structures:Barn: Yes
  • Other Structures:Out Building: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Property Information # Fireplaces: 1
  • Advertising Remarks:Advertising Remarks: Welcome to 524 Cathance Road in Topsham, Maine! This beautiful farmhouse is set on over 3 acres and includes not one, but two outbuildings -- a garage with plenty of storage, and another very special outbuilding. Here you will find a piece of Topsham's history as this special building contains The Cathance School dating back to the 1800's. It was the last rural school used in Topsham, and closed in 1952. Later, this building was used as the Welch Family Farm Stand, and now stands ready for your commercial venture or storage needs. The house features beautiful wood floors, a cozy wood stove and fireplace, and a separate "summer kitchen" next to the garage for all of your creative ventures. Come visit today!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Wall Oven, Refrigerator, Microwave, Dryer, Dishwasher, Cooktop
  • Has Basement: Bulkhead, Full, Sump Pump, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Shower, Storage
  • Full Basement: Yes
  • 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: Farm, Corner Lot, Level, Open Lot, Landscaped, Near Turnpike/Interstate, Near Town, Rural
  • View: Scenic, Trees/Woods
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Other Structures: Barn, Outbuilding
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • 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, Storage

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Stove, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Design Available, Septic Existing on Site
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 148104.0
  • Parcel #: TOPM-000010-000000-000044-AR000000
  • Zoning: Residential

Tax Info

  • Tax Annual Amount: 4490.0
  • Tax Lot: 44A
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Dec 2, 2024
Sold by
Welch Martha J
Bought by
Mckenna Liam and Mckenna Patricia
Seller's Agent
Karyn MacGrath
Keller Williams Realty
Buyer's Agent
Susan Brown
Hearth & Key Realty
List Price
$450,000
Sold Price
$349,900
Premium/Discount to List
-$100,100
-22.24%
Views
76
Current Estimated Value
$365,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,138
Avg. Annual Appreciation
4.28%
Original Mortgage
$279,920
Outstanding Balance
$277,027
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$88,011
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mckenna Liam $349,900 None Available
Mckenna Liam $349,900 None Available
Mckenna Liam $349,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenna Liam $279,920
Closed Mckenna Liam $279,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2024 12/02/24 Sold $349,900 0.0% $230 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $349,900 -6.7% $230 / Sq Ft
10/01/2024 10/01/24 Price Changed $375,000 -6.0% $246 / Sq Ft
09/10/2024 09/10/24 Price Changed $399,000 -11.3% $262 / Sq Ft
08/29/2024 08/29/24 For Sale $450,000 -- $295 / 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 $4,477 $349,800 $79,000 $270,800
2024 $4,991 $399,300 $75,200 $324,100
2023 $4,620 $340,200 $72,100 $268,100
2022 $4,490 $311,400 $69,900 $241,500
2021 $4,472 $281,800 $65,100 $216,700
2020 $3,322 $253,800 $65,100 $188,700
2019 $3,268 $243,100 $65,100 $178,000
2018 $4,175 $222,900 $59,500 $163,400
2017 $4,039 $222,900 $59,500 $163,400
2016 $3,063 $217,600 $59,500 $158,100
2015 $3,883 $216,200 $59,500 $156,700
2014 $3,702 $213,600 $59,500 $154,100
2013 $3,556 $213,600 $59,500 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1601994

Maine Listings

APN: TOPM-000010-000000-000044-AR000000