NOT LISTED FOR SALE

Island Terrace 110 Main St Unit 106 Saco, ME 04072

Downtown Saco Neighborhood

Estimated Value: $371,000 - $391,000

2 Beds
1.5 Baths
1,062 Sq Ft
$358/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $146,000 $137 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,560/month

54 Days on Market

Highlights

  • River Front
  • River Nearby
  • Wood Flooring
  • Saco Middle School Rated A-
  • Property is near public transit
  • 5-minute walk to Mechanics Park

About This Home

As of December 2018

This attractive townhouse style condo is conveniently located in the Saco Island Mill. Enjoy the ease of condo living in a fantastic downtown location. The exposed brick, hardwood floors on the first floor and large windows with river views make this a pleasant and attractive unit. Walk to the train station and ride the DownEaster to Boston or walk to numerous restaurants and coffee shops in Saco or Biddeford. HEAT INCLUDED IN HOA FEES!

Last Agent to Sell the Property

Anne McPheeters

OceanView Properties Listed on: 09/24/2018

Last Buyer's Agent

Lisa Andrade

Dream Home Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1987

Lot Details

  • 871 Sq Ft Lot
  • River Front

HOA Fees

  • $352 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,062 Sq Ft Home
  • Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Shower Only

Parking

  • 1 Parking Space
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • River Nearby

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 01 / 01
  • Assessor Parcel Number 110MainStreetSaco04072

Community Details

Overview

  • 90 Units
  • Island Terrace Owners Association Subdivision

Amenities

  • Coin Laundry

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,800

Year Built

Built in 1987

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • MLS Status: Closed
  • Subdivision Name: Island Terrace Owners Association
  • Directions: Follow Main St. in Saco just past the train station, 110 is on the right before Run of the Mill.
  • Above Grade Finished Sq Ft: 1062.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 141.24
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.02
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1062.0
  • Property Information:Garage: No
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 352.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 90
  • Gas:Natural - On Site: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: No
  • Property Information:_two_ Detached Houses on 1 Lot: No
  • Kitchen Countertop:Formica: Yes
  • Equipment:Cable: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Location:Near Railroad: Yes
  • Transportation:Rail Available: Yes
  • Roof:Flat: Yes
  • Restrictions:_two_ Pets: Yes
  • Style:Townhouse: Yes
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Advertising Remarks:Advertising Remarks: This attractive townhouse style condo is conveniently located in the Saco Island Mill. Enjoy the ease of condo living in a fantastic downtown location. The exposed brick, hardwood floors on the first floor and large windows with river views make this a pleasant and attractive unit. Walk to the train station and ride the DownEaster to Boston or walk to numerous restaurants and coffee shops in Saco or Biddeford. Group showing from 11-1 on Friday, September 28th (please RSVP), Open House from 12-2 on Sunday, September 30th. All offers to be reviewed after 5pm on Monday, October 1st. For more information call 207-282-1732 or visit OceanViewProperties.net
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Lot Features: Sidewalks, Intown, Near Shopping, Near Railroad
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - Coin
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 352.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 871.2
  • Parcel #: 110MainStreetSaco04072
  • Zoning: B-4

Multi Family

  • Number Of Units In Community: 90

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Block: 01
  • Tax Lot: 01
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Dec 17, 2018
Sold by
Gallagher Liam P
Bought by
Mcwatters Kevin and Mcwatters Karen
Seller's Agent
Anne McPheeters
OceanView Properties
Buyer's Agent
Lisa Andrade
Dream Home Realty LLC
List Price
$165,000
Sold Price
$146,000
Premium/Discount to List
-$19,000
-11.52%
Current Estimated Value
$380,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,668
Avg. Annual Appreciation
14.74%

Purchase Details

Closed on
Nov 16, 2009
Sold by
Flint Leon S
Bought by
Gallagher Liam P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,790
Interest Rate
4.98%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2006
Sold by
Sessions Stephen A and Sessions Nicole D
Bought by
Flint Leon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcwatters Kevin -- --
Gallagher Liam P -- --
Flint Leon S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher Liam P $119,790
Previous Owner Flint Leon S $116,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $146,000 -11.5% $137 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $165,000 -- $155 / 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 $2,448 $174,200 $69,500 $104,700
2023 $2,569 $174,200 $69,500 $104,700
2022 $2,308 $125,900 $52,900 $73,000
2021 $2,086 $110,500 $42,300 $68,200
2020 $1,892 $96,200 $35,100 $61,100
2019 $1,864 $96,200 $35,100 $61,100
2018 $1,670 $92,800 $31,700 $61,100
2017 $1,709 $88,200 $31,700 $56,500
2016 $1,670 $86,000 $29,500 $56,500
2015 $1,653 $86,000 $29,500 $56,500
2014 $1,601 $86,000 $29,500 $56,500
2013 -- $86,000 $29,500 $56,500
Source: Public Records

Agents Affiliated with this Home

  • Anne McPheeters

    Seller's Agent in 2018

    Anne McPheeters

    OceanView Properties

    (207) 282-1732

    71 Total Sales

    Anne McPheeters
    Section Image
  • Lisa Andrade

    Buyer's Agent in 2018

    Lisa Andrade

    Dream Home Realty LLC

    (207) 239-2220

    4 in this area

    170 Total Sales

    Lisa Andrade
    Section Image
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About Island Terrace

Map

Source: Maine Listings

MLS Number: 1371411

Maine Listings

APN: SACO-000037-000001-000001-000106

Maine York County Saco 04005 Downtown Saco

110 Main St Unit 106, Saco, ME

Not Listed for Sale

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