NOT LISTED FOR SALE

Estimated Value: $1,601,000 - $2,227,000

0.26 Acre
$7,368,146 Price per Acre
11,326 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $835,000

Est. 129% increase in value since last sale

Current estimated payment $11,841/month

24 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 109 Feet of Waterfront
  • Property is near public transit
  • Saco Middle School Rated A-
  • Public Beach
  • Open Lot

About This Lot

As of July 2017

Direct Ocean Front Lot on miles of sandy beach! The only ocean front lot left on one of the nicest southern beaches. Build your custom home here and bring your own builder. Public water and public sewer with under ground electrical in place.

Last Agent to Sell the Property

Bridgette Vermette

Keller Williams Realty Listed on: 05/22/2017

Keller Williams Realty

Last Buyer's Agent

Melissa Remington

Maine Coast Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,192

Lot Details

  • 0.26 Acre Lot
  • 109 Feet of Waterfront
  • Ocean Front
  • Public Beach
  • Open Lot
  • Property is zoned R-1C

HOA Fees

  • $77 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Parking

  • No Driveway
  • On-Site Parking

Location

  • Property is near public transit

Utilities

  • Underground Utilities
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 10DrivewoodLaneSaco04072

Community Details

Overview

  • Estates At Bay View Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Beach Access
  • Access to Tidal Water
  • Deep Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,192

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Estates at Bay View
  • Directions: From Maine Turnpike take Exit 36, Follow I-95, becomes Ocean Park Road, Turn Right onto Temple Ave, Turn Right onto W. Grand Ave (ME-9), Turn Left onto Driftwood. GPS Directions: Enter 313 Seaside Ave, Saco
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.26
  • Site:Open: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 925.0
  • Location Information:Fee Frequency Paid: Annually
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 109.0
  • Water Info:Water Frontage Owned -: 109.0
  • Recreational Water:Deeded: Yes
  • Recreational Water:Waterfront Deep: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Utility Info Electric On Site: Yes
  • Recreational Water:Waterfront Tidal: Yes
  • Transportation:Deep Water Access: Yes
  • Electric:Underground: Yes
  • Transportation:Public Transport Access: Yes
  • Recreational Water:Beach Rights: Yes
  • Transportation:Rail Available: Yes
  • Advertising Remarks:Advertising Remarks: Direct Ocean Front Lot in miles of sandy beach! The only ocean front lot left on one of the nicest southern beaches. Build your custom home here and bring your own builder. Public water and public sewer with under ground electrical in place.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Open Lot, Near Public Beach, Near Town, Neighborhood, Subdivided
  • View: Scenic
  • Waterfront Features: Ocean
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Electric: Underground, On Site
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 925.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 10DrivewoodLaneSaco04072
  • Zoning: R-1C

Tax Info

  • Tax Annual Amount: 8192.0
  • Tax Lot: 004
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Aug 1, 2017
Sold by
Carolyn L St Hilaire
Bought by
James Richard and James Melodee
Seller's Agent
Bridgette Vermette
Keller Williams Realty
Buyer's Agent
Melissa Remington
Maine Coast Real Estate
List Price
$859,000
Sold Price
$835,000
Premium/Discount to List
-$24,000
-2.79%
Current Estimated Value
$1,915,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080,718
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,028,000
Outstanding Balance
$856,859
Interest Rate
3.92%
Estimated Equity
$1,058,859
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
James Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Richard $1,028,000
Closed James Richard --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $835,000 -2.8% --
06/15/2017 06/15/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $859,000 -- --
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 $20,590 $1,465,500 $638,200 $827,300
2023 $21,616 $1,465,500 $638,200 $827,300
2022 $19,395 $1,058,100 $486,400 $571,700
2021 $18,935 $1,002,900 $459,600 $543,300
2020 $18,260 $928,300 $448,900 $479,400
2019 $17,990 $928,300 $448,900 $479,400
2018 $8,191 $876,600 $525,900 $350,700
2017 $8,237 $425,000 $425,000 $0
2016 $8,191 $421,800 $421,800 $0
2015 $7,052 $366,900 $366,900 $0
2014 $6,698 $359,700 $359,700 $0
2013 $3,530 $190,000 $190,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1305830

Maine Listings

APN: SACO-000010-000053-000004