T
Seller's Agent in 2016
Tanya Busch
Bean Group
55 Main St Topsham, ME 04086
Estimated Value: $343,000 - $526,000
4
Beds
3
Baths
2,604
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- No HOA
- Deck
- Main Floor Bedroom
- Zoned Heating
About This Home
As of July 2016Positive Cash Flow and TONS of Potential! Explore the opportunities of this 2-unit investment property with attached 30x30 barn and designated commercial appeal in the business district of town. Exterior of property is in need of significant repair/upgrades and priced accordingly however interior of building has had updates since the 1990s. Replacement with an energy-efficient heating system would have a quick payback period. Ample parking and very large back yard.
Last Listed By
Tanya Busch
Bean Group Listed on: 06/01/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1850
Lot Details
- 0.46 Acre Lot
- Level Lot
- Open Lot
Home Design
- Colonial Architecture
- New Englander Architecture
- Wood Frame Construction
- Shingle Roof
- Rolled or Hot Mop Roof
- Wood Siding
- Clap Board Siding
- Clapboard
Interior Spaces
- 2,604 Sq Ft Home
- 3-Story Property
- Laundry on main level
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Gravel Driveway
- On-Site Parking
Outdoor Features
- Deck
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 056
- Assessor Parcel Number TOPM-000006-000000-000056U
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $11,637
- Gross Income $21,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2016
Closed on
Jul 12, 2016
Sold by
Bramhall Peter
Bought by
Caruso Joseph G and Caruso Mary
Seller's Agent
Tanya Busch
Bean Group
Buyer's Agent
Allison Pilitsis
Keller Williams Realty
List Price
$150,000
Sold Price
$135,500
Premium/Discount to List
-$14,500
-9.67%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,147
Avg. Annual Appreciation
14.44%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caruso Joseph G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Caruso Joseph G | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2016 07/01/16 | Sold | $135,500 | -9.7% | $52 / Sq Ft |
| 06/10/2016 06/10/16 | Pending | -- | -- | -- |
| 06/01/2016 06/01/16 | For Sale | $150,000 | -- | $58 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,534 | $362,700 | $51,500 | $311,200 |
| 2023 | $4,366 | $321,500 | $49,000 | $272,500 |
| 2022 | $4,195 | $290,900 | $47,400 | $243,500 |
| 2021 | $4,093 | $257,900 | $43,400 | $214,500 |
| 2020 | $4,261 | $238,600 | $43,400 | $195,200 |
| 2019 | $4,383 | $228,900 | $43,400 | $185,500 |
| 2018 | $3,838 | $204,900 | $38,700 | $166,200 |
| 2017 | $3,713 | $204,900 | $38,700 | $166,200 |
| 2016 | $3,686 | $204,900 | $38,700 | $166,200 |
| 2015 | $3,680 | $204,900 | $38,700 | $166,200 |
| 2014 | $3,450 | $199,100 | $38,700 | $160,400 |
| 2013 | $3,315 | $199,100 | $38,700 | $160,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
A
Buyer's Agent in 2016
Allison Pilitsis
Keller Williams Realty
Map
Source: Maine Listings
MLS Number: 1264625
APN: TOPM-000006-000000-000056U
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