NOT LISTED FOR SALE

Estimated Value: $709,000 - $753,000

6 Beds
3.5 Baths
3,646 Sq Ft
$199/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $360,000 $99 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,636/month

37 Days on Market

Highlights

  • Barn
  • The property is located in a historic district
  • Wood Flooring
  • Saco Middle School Rated A-
  • 0.92 Acre Lot
  • 3-minute walk to Memorial Recreation Fields

About This Home

As of January 2019

Saco 3 unit with build-able lot. Great in-town location adjacent to Pepperell Park. This 3 unit is fully occupied and has been well maintained. Very good long term tenants with separate systems. Shared storage in attached garage. Tenants have separate outdoor spaces in the spacious yard for gardening, grilling and relaxing. Ample parking in large paved lot. Parcel has been surveyed and can be split to add potential additional units.

Last Agent to Sell the Property

Susan Kendeigh

Vitalius Real Estate Group, LLC Listed on: 10/09/2018

Co-Listed By

Chris Sullivan

Vitalius Real Estate Group, LLC

Last Buyer's Agent

Rhea Kafer

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,275

Year Built

  • Built in 1867

Lot Details

  • 0.92 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 3,646 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Location

  • The property is located in a historic district
  • City Lot

Farming

  • Barn

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Propane
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number SACO-000032-000064

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $11,000
  • Gross Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,275

Year Built

Built in 1867

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.92
  • Road Surface Type: Paved
  • Co List Office Mls Id: 2698
  • Co List Office Phone: 207-541-3755
  • MLS Status: Closed
  • Directions: Take I-95 to ME-5 N/US-1 S/Main St in Saco. Take exit 2A from I-195. Follow ME-5 N/US-1 S/Main St and Summer St to Beach St.
  • Above Grade Finished Sq Ft: 3646.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1867
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.92
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 3646.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Water Heater:Electric2: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 3
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 33900.0
  • Income Expenses Operating Expenses: 11000.0
  • Style:Multi-Level: Yes
  • Location:Historic District: Yes
  • Roof:Pitched: Yes
  • Gas:Natural - At Street: Yes
  • Heat System:Direct Vent Heater: Yes
  • Water Info:Island3: No
  • Roof:Membrane: Yes
  • Roof:Flat: Yes
  • Other Structures Barn2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Bulkhead, Walk-Out Access, Full, Exterior Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Historic District, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Other Structures: Barn
  • Roof: Flat, Membrane, Pitched, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 40075.2
  • Parcel #: SACO-000032-000064
  • Zoning: B-7

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 33900.0
  • Annual Operating Expense: 11000.0

Tax Info

  • Tax Annual Amount: 6275.0
  • Tax Book Number: 14309
  • Tax Lot: 64
  • Tax Map Number: 32
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 8, 2019
Sold by
Homes At Pepperell Park
Bought by
Collin Homes Inc
Seller's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
Buyer's Agent
Rhea Kafer
Keller Williams Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$727,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,333
Avg. Annual Appreciation
11.16%
Original Mortgage
$262,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 1, 2019
Sold by
Mcdowell Steven M
Bought by
Homes At Pepperell Park
Seller's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
Buyer's Agent
Rhea Kafer
Keller Williams Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2018
Closed on
Jan 2, 2019
Sold by
Mcdowell Steven J
Bought by
Homes At Pepperell Park
Seller's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
Buyer's Agent
Rhea Kafer
Keller Williams Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2018
Closed on
Dec 30, 2018
Sold by
Mcdowell Steven J
Bought by
Mcdowell Steven J
Seller's Agent
Susan Kendeigh
Vitalius Real Estate Group, LLC
Buyer's Agent
Rhea Kafer
Keller Williams Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Collin Homes Inc -- --
Homes At Pepperell Park -- --
Homes At Pepperell Park -- --
Cloutier Mary M -- --
Mcdowell Steven J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloutier Mary M $200,000
Closed Cloutier Margaret A $265,000
Closed Cloutier Mary M $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $360,000 -9.8% $99 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $399,000 -- $109 / 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 $8,079 $575,000 $143,700 $431,300
2023 $8,481 $575,000 $143,700 $431,300
2022 $7,119 $388,400 $109,400 $279,000
2021 $6,827 $361,600 $97,800 $263,800
2020 $6,403 $325,500 $86,100 $239,400
2019 $6,308 $325,500 $86,100 $239,400
2018 $6,333 $326,800 $87,400 $239,400
2017 $6,275 $323,800 $87,400 $236,400
2016 $5,541 $285,300 $56,900 $228,400
2015 $5,420 $282,000 $56,900 $225,100
2014 $5,251 $282,000 $56,900 $225,100
2013 $5,240 $282,000 $56,900 $225,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1372738

Maine Listings

APN: SACO-000032-000064