NOT LISTED FOR SALE

Estimated Value: $444,207 - $562,000

6 Beds
2 Baths
2,960 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $435,000 $147 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,266/month

3 Days on Market

Highlights

  • Nearby Water Access
  • Colonial Architecture
  • No HOA
  • Saco Middle School Rated A-
  • Wood Flooring
  • Zoned Heating

About This Home

As of April 2022

Well-maintained two-unit with plenty of parking on a quiet street conveniently close to downtown Saco and Biddeford. Both apartments have three bedrooms and one bathroom, separate entrances; excellent rental history. Offers many opportunities: owner occupied, multi-generational living, co-ownership arrangement or investor property.

Last Agent to Sell the Property

Thomas Ranello

RE/MAX Shoreline Listed on: 02/17/2022

RE/MAX Shoreline

Last Buyer's Agent

Jonny Carr Kathie Carr

Bean Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,626

Year Built

  • Built in 1926

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Colonial Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2,960 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Nearby Water Access
  • Suburban Location

Listing and Financial Details

  • Tax Lot 132
  • Assessor Parcel Number SACO-000052-000132

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $14,370
  • Gross Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,626

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Route One to Lincoln Street to right on Harrison Avenue.
  • Above Grade Finished Sq Ft: 2960.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1926
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.16
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2960.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Percent Basement Finished: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Water Heater:Electric2: Yes
  • Basement:Unfinished: Yes
  • Location:Suburban: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 35400.0
  • Income Expenses Operating Expenses: 14369.74
  • Style:Colonial: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Heat System:Space Heater: Yes
  • Exterior:Asbestos: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Finished, Full, Exterior Entry, Bulkhead, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Wood, Vinyl, Tile
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Neighborhood, Suburban
  • Waterfront: No
  • Construction Type: Asbestos, Wood Frame
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Space Heater, Multi-Zones, Hot Water, Baseboard
  • 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: 6969.6
  • Parcel #: SACO-000052-000132
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 35400.0
  • Annual Operating Expense: 14369.74

Tax Info

  • Tax Annual Amount: 4626.0
  • Tax Book Number: 18212
  • Tax Lot: 132
  • Tax Map Number: 052
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 6, 2022
Sold by
Richezza Llc
Bought by
Zola Gabriel and Zola Mayola Dorcas
Seller's Agent
Thomas Ranello
RE/MAX Shoreline
Buyer's Agent
Jonny Carr Kathie Carr
Bean Group
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$519,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,302
Avg. Annual Appreciation
6.53%
Original Mortgage
$427,121
Outstanding Balance
$406,092
Interest Rate
4.67%
Mortgage Type
FHA
Estimated Equity
$127,505

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 28, 2019
Sold by
Glion & Co Llc
Bought by
Pickering Richard L and Pickering Margaret R
Seller's Agent
Shawn Boulet
Green Tree Realty, LLC
Buyer's Agent
Thomas Ranello
RE/MAX Shoreline
List Price
$299,000
Sold Price
$315,000
Premium/Discount to List
$16,000
5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$162,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2016
Closed on
Nov 10, 2016
Sold by
Mellin Christopher A
Bought by
Glion & Co Llc
Seller's Agent
Robert Metayer
Bean Group
Buyer's Agent
Michele Meadows
Bay Realty
List Price
$234,500
Sold Price
$228,500
Premium/Discount to List
-$6,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Original Mortgage
$171,375
Interest Rate
3.42%
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
Zola Gabriel $435,000 None Available
Pickering Richard L -- --
Glion & Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zola Gabriel $427,121
Previous Owner Pickering Richard L $162,500
Previous Owner Glion & Co Llc $171,375
Previous Owner Mellin Christopher A $145,273
Previous Owner Mellin Christopher A $145,299
Previous Owner Mellin Christopher A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $435,000 +2.4% $147 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $425,000 +34.9% $144 / Sq Ft
06/28/2019 06/28/19 Sold $315,000 +5.4% $103 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $299,000 +30.9% $98 / Sq Ft
11/11/2016 11/11/16 Sold $228,500 -2.6% $77 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $234,500 -- $79 / 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 $4,611 $328,200 $93,700 $234,500
2023 $4,841 $328,200 $93,700 $234,500
2022 $5,030 $274,400 $71,400 $203,000
2021 $4,626 $245,000 $64,500 $180,500
2020 $4,154 $211,200 $56,100 $155,100
2019 $4,093 $211,200 $56,100 $155,100
2018 $3,265 $207,100 $52,000 $155,100
2017 $3,174 $163,800 $52,000 $111,800
2016 $3,556 $183,100 $48,400 $134,700
2015 $3,487 $181,400 $48,400 $133,000
2014 $3,378 $181,400 $48,400 $133,000
2013 $3,370 $181,400 $48,400 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1519964

Maine Listings

APN: SACO-000052-000132