NOT LISTED FOR SALE

74 Munroe Ln Topsham, ME 04086

Estimated Value: $265,000 - $299,000

2 Beds
1.5 Baths
1,068 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $122,000 $114 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,764/month

122 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Wood Flooring
  • Country Club
  • Wooded Lot
  • Corner Lot

About This Home

As of September 2018

Move right into this charming 2-bedroom condo that includes a fully finished spacious 3rd floor, affording more than the usual livable space. Charming corner condo offers open-plan between kitchen, bright dining area with large bay window and slider, and spacious living room. Large second-floor master bedroom offers two windows and a large double closet. Second good-size bedroom has windows and single closet. Large full bath with laundry included upstairs. Third-floor private living space has vaulted ceilings and 4 skylights and has many possibilities--office, bedroom, study, art room, or entertainment room. Large, private fenced yard replete with mature pine trees, gardens, and wildlife. Trees well-suited for dog run or hammock. Private lot perfect for grilling, entertaining, or just relaxing among the tall trees and sweet gardens. Walking distance to Mt. Ararat High & Middle schools, cross country skiing trails, river trails, and shopping. Condo fees incl plowing & landscaping.

Last Agent to Sell the Property

Kara Zech Thelen

Sharon Drake Real Estate, Inc. Listed on: 05/01/2018

Last Buyer's Agent

Teresa Morse

Bean Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1983

Lot Details

  • Property fronts a private road
  • Public Beach
  • Landscaped
  • Interior Lot
  • Wooded Lot

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • 1,068 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Driveway
  • On-Site Parking
  • Reserved Parking

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number TOPM-000005A-000000-000002-000074R

Community Details

Overview

  • 10 Units
  • Condo, Merrymeeting Commons Subdivision

Recreation

  • Country Club

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,984

Year Built

Built in 1983

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private
  • MLS Status: Closed
  • Subdivision Name: Condo, Merrymeeting Commons
  • Directions: Main Street in Topsham to 201 to Merrymeeting Commons. Munroe Lane on left.
  • Above Grade Finished Sq Ft: 1068.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1983
  • 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: 1068.0
  • Property Information:Garage: No
  • Site:Corner Lot: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 220.0
  • Location Information:Fee Frequency Paid: Annually
  • Roads:Private: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 10
  • Water Heater:Electric2: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Exterior:Wood Siding: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Kitchen Countertop:Formica: Yes
  • Location:Near Country Club: Yes
  • Heat System:Direct Vent Heater: Yes
  • Location:Near Railroad: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Landscaped, Wooded, Interior Lot, Near Golf Course, Near Public Beach, Near Shopping, Near Town, Shopping Mall, Near Railroad
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Driveway, 1 - 4 Spaces, On Site

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Direct Vent Heater, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 220.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: TOPM-000005A-000000-000002-000074R
  • Zoning: Condo

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1984.0
  • Tax Book Number: 3115
  • Tax Lot: 002
  • Tax Map Number: RO5A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 5, 2018
Sold by
Noble Flower H
Bought by
Chapman Constance M
Seller's Agent
Kara Zech Thelen
Sharon Drake Real Estate, Inc.
Buyer's Agent
Teresa Morse
Bean Group
List Price
$138,000
Sold Price
$122,000
Premium/Discount to List
-$16,000
-11.59%
Current Estimated Value
$278,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,568
Avg. Annual Appreciation
12.71%
Original Mortgage
$97,600
Outstanding Balance
$85,462
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$193,106

Purchase Details

Closed on
Aug 12, 2009
Sold by
Williams Barbara L
Bought by
Noble Flower H
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
Chapman Constance M -- --
Noble Flower H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapman Constance M $97,600
Previous Owner Williams Barbara $98,400
Previous Owner Williams Barbara $18,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $122,000 -11.6% $114 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $138,000 -- $129 / 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 $2,744 $219,500 $20,000 $199,500
2023 $2,834 $208,700 $20,000 $188,700
2022 $2,783 $193,000 $20,000 $173,000
2021 $2,315 $145,900 $20,000 $125,900
2020 $2,325 $130,200 $20,000 $110,200
2019 $2,292 $119,700 $20,000 $99,700
2018 $2,051 $109,500 $20,000 $89,500
2017 $1,984 $109,500 $20,000 $89,500
2016 $1,880 $104,500 $20,000 $84,500
2015 $1,699 $94,600 $20,000 $74,600
2014 $1,587 $91,600 $20,000 $71,600
2013 $1,492 $89,600 $20,000 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1347985

Maine Listings

APN: TOPM-000005A-000000-000002-000074R