$55,000
SOLD JUL 17, 2015

63 W Merrill Rd Topsham, ME 04086

4.5 Acres
$12,222 Price per Acre
196,020 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

21% Below List Price

202 Days on Market

Highlights

  • 4.5 Acre Lot
  • No HOA
  • Pasture
  • Wooded Lot
  • Views
  • Lot Has A Rolling Slope

About This Lot

As of April 2016

Lovely Topsham countryside! A perfect elevated building site. Preliminary soils work indicates great soils. Part of a larger parcel with the boundaries currently being flagged. Complete with older barn and spring fed pond. Minutes to shopping and I-295.

Last Agent to Sell the Property

Marie Williams

RE/MAX Riverside Listed on: 10/07/2014

RE/MAX Riverside

Last Buyer's Agent

Kathy Harris

Portside Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,065

Lot Details

  • 4.5 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R3

Parking

  • No Driveway

Farming

  • Pasture

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 68-A
  • Assessor Parcel Number 63West Merrill RoadTopshamR0368-A

Property Details

Property Type

Land

Est. Annual Taxes

$4,065

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.5
  • MLS Status: Closed
  • Directions: Rte. 196 West from Topsham, turn Right on West Merrill Road, Lot is a short distance on the Right just before Paxton Lane.
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.5
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Site:Wooded: Yes
  • Site:RollingSloping: Yes
  • Driveway:No Driveway: Yes
  • View:Fields: Yes
  • Electric:No Electric: Yes
  • Water:Well Needed on Site: Yes
  • Sewer:Septic Needed: Yes
  • Site:PastureField: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope, Wooded, Pasture, Rural
  • View: Fields
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: Perc Test On File, Septic Needed
  • Water Source: Well Needed on Site

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 196020.0
  • Parcel #: 63West Merrill RoadTopshamR0368-A
  • Zoning: R3

Tax Info

  • Tax Book Number: 2617
  • Tax Lot: 68-A
  • Tax Map Number: R03
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Apr 26, 2016
Sold by
Edwards Carol A and Edwards Paul W
Bought by
Teller Terri
Seller's Agent
Marie Williams
RE/MAX Riverside
Buyer's Agent
Matt Trudel
Five Star Realty
List Price
$189,500
Sold Price
$153,850
Premium/Discount to List
-$35,650
-18.81%
Current Estimated Value
$405,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,238
Avg. Annual Appreciation
11.21%
Original Mortgage
$145,901
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2016
Sold by
Edwards Carol A and Edwards Paul W
Bought by
Dwinal Marilyn V and Dwinal Robert B

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jul 23, 2015
Sold by
Edwards Carol A and Edwards Paul W
Bought by
Dwinal Robert B and Dwinal Marilyn V
Seller's Agent
Marie Williams
RE/MAX Riverside
Buyer's Agent
Kathy Harris
Portside Real Estate Group
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Wheeler Barry J Est
Bought by
Edwards Carol A
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 Credit Line Revolving
Closed $135,500 No Value Available
Closed $145,901 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $153,850 -18.8% $136 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $189,500 +244.5% $168 / Sq Ft
07/17/2015 07/17/15 Sold $55,000 -21.3% $57 / Sq Ft
04/28/2015 04/28/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $69,900 -- $73 / 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 $4,065 $325,200 $80,500 $244,700
2023 $3,946 $290,600 $77,400 $213,200
2022 $3,648 $253,000 $75,200 $177,800
2021 $3,660 $230,600 $70,400 $160,200
2020 $3,308 $201,100 $70,400 $130,700
2019 $3,230 $190,400 $70,400 $120,000
2018 $3,270 $174,600 $64,800 $109,800
2017 $3,164 $174,600 $64,800 $109,800
2016 $592 $173,300 $64,800 $108,500
2015 $3,120 $173,700 $68,800 $104,900
2014 $2,989 $172,500 $68,800 $103,700
2013 $2,872 $172,500 $68,800 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1156706

Maine Listings

APN: TOPM-000003-000000-000068-AR000000