NOT LISTED FOR SALE

Estimated Value: $318,275 - $350,000

2 Beds
1 Bath
944 Sq Ft
$254/mo HOA Fee

Last Sold September 08, 2016

Last sale price $126,000 $133 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,191/month

4 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Living Room
  • Saco Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Mechanics Park

About This Home

As of September 2016

Fully renovated; new kitchen, HVAC and flooring! Enjoy one level living with gorgeous river views and an easy walk to downtowns, restaurants, shopping and Downeaster train station. Or, stroll the newly added river walk bridge. Unit is one of three 1st floor flats with ground floor access; no stairs or elevator needed! You will love the lifestyle here at Island Terrace and the tasteful updates in this efficient unit. Close to area beaches and the Maine Turnpike. Parking space is just steps from front door.

Last Agent to Sell the Property

Cari Turnbull Barbara Deschenes

Bean Group Listed on: 07/21/2016

Last Buyer's Agent

Cari Turnbull Barbara Deschenes

Bean Group Listed on: 07/21/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

Year Built

  • Built in 1987

Lot Details

  • Public Beach
  • Sprinkler System

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Masonry

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Location

  • Property is near public transit

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number SACO-000037-000001-000001-000136

Community Details

Overview

  • 90 Units
  • Island Terrace Subdivision

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 1987

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.02
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Island Terrace
  • Directions: Route 1S past train station, park in visitors parking area
  • Above Grade Finished Sq Ft: 944.0
  • Architectural Style: Multi-Level, Other Style
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.02
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 944.0
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 254.0
  • Location Information:Fee Frequency Paid: Monthly
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:Units in Building: 90
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Cooling:Central Air: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Equipment:Cable: Yes
  • Exterior:Brick: Yes
  • Location:Near Railroad: Yes
  • Misc Amenities Sprinkler: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Roof:TarGravel: Yes
  • Primary Bedroom Amenities:LaundryLaundry Hook-up6: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, One-Floor Living
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Sidewalks, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Flat, Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site

Utilities

  • Security: Sprinkler, Fire System, Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 254.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Other Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 871.2
  • Parcel #: SACO-000037-000001-000001-000136
  • Zoning: B-4

Multi Family

  • Number Of Units In Community: 90

Tax Info

  • Tax Annual Amount: 1505.0
  • Tax Book Number: 15384
  • Tax Lot: 113
  • Tax Map Number: 037
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Sep 9, 2016
Sold by
Paine Brent K
Bought by
Malenfant Caleb
Seller's Agent
Cari Turnbull Barbara Deschenes
Bean Group
Buyer's Agent
Cari Turnbull Barbara Deschenes
Bean Group
List Price
$128,000
Sold Price
$126,000
Premium/Discount to List
-$2,000
-1.56%
Current Estimated Value
$331,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,819
Avg. Annual Appreciation
10.75%
Original Mortgage
$113,400
Outstanding Balance
$91,939
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$225,279

Purchase Details

Closed on
Apr 2, 2008
Sold by
Kasprzak Builders Inc
Bought by
Farrell Barry J and Farrell Donna T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Malenfant Caleb -- --
Farrell Barry J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malenfant Caleb $113,400
Closed Farrell Barry J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $126,000 -1.6% $133 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $128,000 -- $136 / 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 $2,223 $158,200 $61,700 $96,500
2023 $2,333 $158,200 $61,700 $96,500
2022 $2,095 $114,300 $47,000 $67,300
2021 $1,897 $100,500 $37,600 $62,900
2020 $1,721 $87,500 $31,200 $56,300
2019 $1,696 $87,500 $31,200 $56,300
2018 $1,638 $84,500 $28,200 $56,300
2017 $1,556 $80,300 $28,200 $52,100
2016 $1,521 $78,300 $26,200 $52,100
2015 $1,505 $78,300 $26,200 $52,100
2014 $1,458 $78,300 $26,200 $52,100
2013 $1,455 $78,300 $26,200 $52,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1274665

Maine Listings

APN: SACO-000037-000001-000001-000136