$290,000
UNDER CONTRACT $95K PRICE DROP

1 Saco Island Terrace Unit 308 Saco, ME 04072

Downtown Saco Neighborhood

Estimated payment $2,649/month

Total Views 12,333
3 Beds
1.5 Baths
1,628 Sq Ft
$178 Price per Sq Ft

Highlights

  • Water Views
  • Public Beach
  • Property is near public transit
  • Saco Middle School Rated A-
  • Deep Water Access
  • Porch

About This Home

Amazing urban waterfront location with beautiful water views of the Saco River from the living room, private enclosed porch & one of the 2nd floor bedrooms. This large 1,628 SF, 3 bedroom, 1.5 bath unit offers 10' ceilings with exposed beams & brick walls. This restored mill building complex has security with a parking gate and fobbed keyless entry access on the outside doors. There is a Deli in the building and many restaurants & shops very close by to choose from all within walking distance. Walk across the river walk bridge to get to the Biddeford mills including Batson River At The Lincoln Hotel etc). The Run Of The Mill Restaurant is next door & the Amtrak Station is 300' up York Hill when you want to travel North or South. Heat & cooling are included in the HOA fee. One assigned parking spot with plenty of visitor parking. Two cats allowed, no dogs, no smoking. 6 month minimum rental is allowed. This urban style condo location has all the amenities needed within walking distance. Also minutes to many different area beaches in Biddeford, Saco & Old Orchard Beach. 15 minutes to Portland.

Listing Agent

David Trottier

Realty Sales Inc Listed on: 05/21/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Landscaped

HOA Fees

  • $802 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Wood Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Masonry

Interior Spaces

  • 1,628 Sq Ft Home
  • Living Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Parking

  • Driveway
  • Paved Parking
  • Reserved Parking

Outdoor Features

  • Deep Water Access
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • 91 Units
  • Island Terrace Owner's Association Subdivision

Listing and Financial Details

  • Legal Lot and Block 001/308 / 001
  • Assessor Parcel Number 1SacoIslandTerraceSaco04072

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,196

Year Built

Built in 1987

Lot Details

0

HOA Fees

$802 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Water Body Name: Saco River
  • MLS Status: Active Under Contract
  • Subdivision Name: Island Terrace Owner's Association
  • Directions: 110 Main Street. Saco Island Terrace. Just above The Run Of The Mill Restaurant.
  • Above Grade Finished Sq Ft: 1628.0
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.04
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1628.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: 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: 802.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 91
  • Water Heater:Electric2: Yes
  • Roof:Metal: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Kitchen Countertop:Formica: Yes
  • Exterior:Brick: Yes
  • Transportation:Deep Water Access: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Parking Reserved Parking Spaces: 1
  • Special Features: 4224

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: Second

Exterior Features

  • Lot Features: Well Landscaped, Level, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Retail Strip, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Brick, Masonry, Wood Frame
  • Patio And Porch Features: Porch
  • Roof: Flat, Membrane, Metal
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Reserved Parking, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 802.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 1SacoIslandTerraceSaco04072
  • Zoning: Residential

Multi Family

  • Number Of Units In Community: 91

Tax Info

  • Tax Annual Amount: 3196.0
  • Tax Block: 001
  • Tax Book Number: 13975
  • Tax Lot: 001/308
  • Tax Map Number: 037
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,196 $227,500 $87,000 $140,500
2023 $3,356 $227,500 $87,000 $140,500
2022 $3,010 $164,200 $66,300 $97,900
2021 $2,728 $144,500 $53,000 $91,500
2020 $2,478 $126,000 $44,000 $82,000
2019 $2,442 $126,000 $44,000 $82,000
2018 $2,360 $121,800 $39,800 $82,000
2017 $2,010 $103,700 $27,900 $75,800
2016 $1,975 $101,700 $25,900 $75,800
2015 $1,955 $101,700 $25,900 $75,800
2014 $1,894 $101,700 $25,900 $75,800
2013 -- $101,700 $25,900 $75,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $290,000 -9.1% $178 / Sq Ft
08/19/2025 08/19/25 Price Changed $319,000 -3.0% $196 / Sq Ft
08/05/2025 08/05/25 Price Changed $329,000 -8.6% $202 / Sq Ft
07/16/2025 07/16/25 Price Changed $360,000 -6.6% $221 / Sq Ft
05/21/2025 05/21/25 For Sale $385,400 -- $237 / Sq Ft
Source: Maine Listings

Mortgage History

Date Status Loan Amount Loan Type
Closed $25,000 Balloon
Closed $129,000 Unknown
Source: Public Records

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Source: Maine Listings

MLS Number: 1623411

Maine Listings

APN: SACO-000037-000001-000001-000308