NOT LISTED FOR SALE

7 Nathan Way Unit 4 Topsham, ME 04086

Estimated Value: $408,849 - $421,000

3 Beds
2 Baths
1,386 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $222,000 $160 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,782/month

4 Days on Market

Highlights

  • 6.82 Acre Lot
  • Deck
  • Direct Access Garage
  • Cape Cod Architecture
  • Main Floor Bedroom
  • Skylights

About This Home

As of September 2016

The right size, the right community, the right time! This stylish condo w/prime location close to everything Topsham & Brunswick have to offer, is open concept & has a 1st-floor master w/bath, beautiful finishes, bright & airy spaces ... all this on a cul-de-sac in a pretty wooded spot in Smith Farms, right off I295 & Topsham Fair Mall. Three bedrooms mean space for hobbies, guests, whatever you need! Includes attached 1-C garage, full basement & roomy deck, too. CenVac ready. Thinking condo? Come take a tour!

Last Agent to Sell the Property

Dorothy Ollier

RE/MAX Riverside Listed on: 08/08/2016

Last Buyer's Agent

Jim Litrocapes

Home Sellers

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 2003

Lot Details

  • 6.82 Acre Lot
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,386 Sq Ft Home
  • Skylights
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Suburban Location

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 2 Units
  • Smith Farms Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 7NATHANDR4TOPSHAMU22027

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,454

Year Built

Built in 2003

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 6.82
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: SMITH FARMS
  • Directions: Mallett Drive off Route 196 or River Road, turn onto Anthony Ave, turn left onto Hannah Drive, then right onto Nathan Way.
  • Above Grade Finished Sq Ft: 1386.0
  • Architectural Style: Cape
  • Garage Yn: Yes
  • Year Built: 2003
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 6.82
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1386.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Style:Cape: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Location Information:Association Fee: 264.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 2
  • Amenities:Laundry - Hookup: 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
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Kitchen Amenities:Island: Yes
  • Living Room:Living Room: Yes
  • Primary Bedroom Amenities:Walk-in Closet6: Yes
  • Floors:Laminate: Yes
  • Location:Suburban: Yes
  • Heat System:Multi-Zones: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Site:RollingSloping: Yes
  • Property Information:Deed Restrictions: Yes
  • Kitchen Countertop:Formica: Yes
  • Construction:Modular: Yes
  • Bedroom 1 Amenities:Walk-in Closet: Yes
  • Bedroom Amenities 2:Skylight10: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Disposal, Dishwasher
  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Walk-in Closets, 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: Second
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Paved, Garage Door Opener, Inside Entrance, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 264.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 297079.2
  • Parcel #: 7NATHANDR4TOPSHAMU22027
  • Zoning: URBAN RESID

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 3454.0
  • Tax Book Number: 3513
  • Tax Lot: 27
  • Tax Map Number: U22
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 3, 2016
Sold by
Fallon John J and Fallon Joyce M
Bought by
Reichner Richard F and Reichner Linda J
Seller's Agent
Dorothy Ollier
RE/MAX Riverside
Buyer's Agent
Jim Litrocapes
Home Sellers
List Price
$226,000
Sold Price
$222,000
Premium/Discount to List
-$4,000
-1.77%
Current Estimated Value
$414,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,212
Avg. Annual Appreciation
7.13%
Original Mortgage
$144,600
Outstanding Balance
$65,867
Interest Rate
2.74%
Mortgage Type
New Conventional
Estimated Equity
$348,345

Purchase Details

Closed on
Jun 28, 2013
Sold by
Doucette Betty A
Bought by
Fallon John J and Fallon Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2005
Sold by
Marut Michele R
Bought by
Doucette Betty A
Source: Public Records

Range of Values:

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Average Value
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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
Reichner Richard F -- --
Reichner Richard F -- --
Fallon John J -- --
Doucette Betty A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichner Richard F $144,600
Closed Reichner Richard F $144,600
Previous Owner Fallon John J $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $222,000 -1.8% $160 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $226,000 -- $163 / 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 $3,933 $314,600 $55,000 $259,600
2023 $4,103 $302,100 $55,000 $247,100
2022 $3,689 $255,800 $55,000 $200,800
2021 $3,936 $248,000 $55,000 $193,000
2020 $4,154 $232,600 $55,000 $177,600
2019 $4,159 $217,200 $55,000 $162,200
2018 $3,933 $210,000 $55,000 $155,000
2017 $3,805 $210,000 $55,000 $155,000
2016 $3,566 $198,200 $55,000 $143,200
2015 $3,454 $192,300 $55,000 $137,300
2014 $3,256 $187,900 $55,000 $132,900
2013 $2,980 $179,000 $55,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1277252

Maine Listings

APN: TOPM-000022-000000-000027-000004U