A
Seller's Agent in 2024
Ashley Lutko Donna Galluzzo
Signature Homes Real Estate Group, LLC
(207) 885-0500
1 in this area
225 Total Sales
1 Saco Island Terrace Unit 121 Saco, ME 04072
Downtown Saco NeighborhoodEstimated Value: $342,000 - $362,221
2
Beds
1.5
Baths
1,149
Sq Ft
$461/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- Property is near public transit
- Saco Middle School Rated A-
- River Front
- Living Room
About This Home
As of June 2024Welcome home to this stunning condo in the beautifully restored historic mill building, situated between the downtowns of Saco and Biddeford. You'll feel an immediate sense of spaciousness, greeted by high ceilings and tons of natural light.
The kitchen has been thoughtfully updated with modern shaker cabinets, stainless steel appliances, decorative and functional shelving, stove hood and elegant granite countertops. Throughout the entire unit you will find new luxury vinyl plank flooring, a newly carpeted stairwell, updated bathrooms, fresh paint and upgraded fixtures to add the perfect finishing touches, creating a truly turnkey living experience.
Never stress about finding a parking spot with an assigned and numbered spot that conveys with the unit and heat and cooling is included in the HOA fee.
Walk to downtown Saco or Biddeford to grab a bite to eat or do some shopping. Enjoy new favorite dining spots like Batson River at The Lincoln Hotel. The condo is conveniently located near the Amtrak train station and the turnpike, commuting is a breeze, while the vibrant city of Portland is just a short 20-minute drive away.
Don't miss the opportunity to make this exquisite condo your own. Schedule your showing today!
Last Agent to Sell the Property
Signature Homes Real Estate Group, LLC Listed on: 04/24/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,621
Year Built
- Built in 1987
Lot Details
- River Front
- Public Beach
- Landscaped
- Land Lease
HOA Fees
- $461 Monthly HOA Fees
Property Views
- Water
- Scenic Vista
Home Design
- Brick Exterior Construction
- Brick Foundation
- Membrane Roofing
- Metal Roof
Interior Spaces
- 1,149 Sq Ft Home
- Living Room
- Laundry on main level
- Unfinished Basement
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 1 Parking Space
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- Off-Street Parking
- Reserved Parking
Outdoor Features
- Nearby Water Access
- River Nearby
Location
- Property is near public transit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 121 / 01
- Assessor Parcel Number 1SacoIslandTerrace121Saco04072
Community Details
Overview
- 91 Units
Amenities
- Coin Laundry
Pet Policy
- No Dogs Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Jun 28, 2024
Sold by
Axelsen Mary E and Axelsen Richard J
Bought by
Concannon Michael W and Concannon Michael J
Seller's Agent
Ashley Lutko Donna Galluzzo
Signature Homes Real Estate Group, LLC
Buyer's Agent
Jon Howard
Maineland Real Estate
List Price
$325,000
Sold Price
$331,000
Premium/Discount to List
$6,000
1.85%
Views
34
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
$18,055
Avg. Annual Appreciation
5.19%
Purchase Details
Closed on
Dec 30, 2021
Sold by
Vandegraff Colleen
Bought by
Axelsen Mary E and Axelsen Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2008
Sold by
Bergeron John
Bought by
Vandegraff Colleen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Concannon Michael W | $331,000 | None Available | |
| Concannon Michael W | $331,000 | None Available | |
| Axelsen Mary E | $220,000 | None Available | |
| Axelsen Mary E | $220,000 | None Available | |
| Vandegraff Colleen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Axelsen Mary E | $176,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $331,000 | +1.8% | $288 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $325,000 | -- | $283 / 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 | $2,497 | $177,700 | $68,900 | $108,800 |
| 2023 | $2,621 | $177,700 | $68,900 | $108,800 |
| 2022 | $2,352 | $128,300 | $52,500 | $75,800 |
| 2021 | $1,888 | $100,000 | $42,000 | $58,000 |
| 2020 | $1,705 | $86,700 | $34,800 | $51,900 |
| 2019 | $1,680 | $86,700 | $34,800 | $51,900 |
| 2018 | $1,501 | $83,400 | $31,500 | $51,900 |
| 2017 | $1,541 | $79,500 | $31,500 | $48,000 |
| 2016 | $1,501 | $77,300 | $29,300 | $48,000 |
| 2015 | $1,486 | $77,300 | $29,300 | $48,000 |
| 2014 | $1,439 | $77,300 | $29,300 | $48,000 |
| 2013 | $1,436 | $77,300 | $29,300 | $48,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ashley Lutko Donna Galluzzo
-
Jon Howard
Buyer's Agent in 2024
Jon Howard
Maineland Real Estate
(207) 650-3101
1 in this area
89 Total Sales
Map
Source: Maine Listings
MLS Number: 1587246
APN: SACO-000037-000001-000001-000121
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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