NOT LISTED FOR SALE

85 Munroe Ln Topsham, ME 04086

Estimated Value: $283,000 - $301,000

2 Beds
1.5 Baths
1,200 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $63,725 $53 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $1,973/month

60 Days on Market

Highlights

  • Eat-In Kitchen
  • Dining Room
  • Wood Siding
  • Living Room
  • Level Lot
  • Carpet

About This Home

As of July 2013

Great location in the rear of the development. This is a Fannie Mae HomePath property & may be purchased for as low as 3% down. Also approved for HomePath & HomePath Renovation Financing.

Last Agent to Sell the Property

Dave Depot

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 03/29/2013

Better Homes & Gardens Real Estate/The Masiello Group

Co-Listed By

Janet McCarthy

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Lauren Kane

RE/MAX By The Bay

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • Driveway
  • Paved Parking

Utilities

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

Community Details

  • 6 Units
  • Merrymeeting Commons Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Legal Lot and Block 85 / 02
  • Assessor Parcel Number 85Munroe Lane85TopshamR05A0285

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1066
  • Co List Office Phone: 207-782-8311
  • MLS Status: Closed
  • Subdivision Name: Merrymeeting Commons
  • Directions: North on 201 from the intersection of 201 and 196. Merrymeeting commons on the left
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Townhouse
  • Year Built: 1985
  • 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: 1200.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 170.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 6
  • Water Heater:Electric2: Yes
  • Dining Room:Dining Room: Yes
  • Kitchen Amenities:Eat-in Kitchen: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Exterior:Wood Siding: Yes
  • Basement:Slab2: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Dining Room Amenities:Dining Area: Yes
  • Property Information:Deed Restrictions: Yes
  • Heat System:Direct Vent Heater: Yes
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: Second
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Level, Neighborhood
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: 170.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 85Munroe Lane85TopshamR05A0285
  • Zoning: res

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1956.0
  • Tax Block: 02
  • Tax Book Number: 2871
  • Tax Lot: 85
  • Tax Map Number: R05A
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 16, 2013
Sold by
Fnma
Bought by
Kane Justin R
Seller's Agent
Dave Depot
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Lauren Kane
RE/MAX By The Bay
List Price
$79,900
Sold Price
$63,725
Premium/Discount to List
-$16,175
-20.24%
Current Estimated Value
$288,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,298
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Apr 7, 2011
Sold by
Johnson Julia H
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jun 5, 2007
Sold by
Johnson Julia H
Bought by
Tess Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Kane Justin R -- --
Onewest Bank Fsb $114,400 --
Tess Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kane Justin R $60,000
Closed Kane Justin R $40,000
Previous Owner Tess Corp $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $63,725 -20.2% $53 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $79,900 -- $67 / 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 $2,799 $223,900 $20,000 $203,900
2023 $2,891 $212,900 $20,000 $192,900
2022 $2,839 $196,900 $20,000 $176,900
2021 $2,360 $148,700 $20,000 $128,700
2020 $2,370 $132,700 $20,000 $112,700
2019 $2,336 $122,000 $20,000 $102,000
2018 $2,088 $111,500 $20,000 $91,500
2017 $2,020 $111,500 $20,000 $91,500
2016 $1,914 $106,400 $20,000 $86,400
2015 $1,730 $96,300 $20,000 $76,300
2014 $1,615 $93,200 $20,000 $73,200
2013 $1,518 $91,200 $20,000 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1085716

Maine Listings

APN: TOPM-000005A-000000-000002-000085R