$175,000
SOLD AUG 23, 2019
2 Beds
1.5 Baths
1,160 Sq Ft
$384/mo HOA Fee

Recently Sold

$151 Per Sq Ft

6% Above List Price

5 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • River Front
  • Saco Middle School Rated A-
  • Country Club
  • 5-minute walk to Mechanics Park

About This Home

As of August 2020

Enjoy low maintenance living in this move in ready townhouse style condo located in the renovated Mill Building No.1. You will love the exposed beams, brick walls, vaulted ceilings, and oversized windows overlooking the beautiful city and the Saco River. Enjoy your summers outside on the patio sitting by the firepit, or take a stroll down the Saco Riverwalk. Walking distance to downtown Saco and Biddeford and close to Portland, the turnpike and the Amtrak Down Easter train.

Last Agent to Sell the Property

Jeffrey Mateja

Keller Williams Realty Listed on: 07/17/2019

Keller Williams Realty

Co-Listed By

Luke Morris

Keller Williams Realty

Last Buyer's Agent

Matthew DiBiase

Landing Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1987

Lot Details

  • River Front
  • Public Beach

HOA Fees

  • $384 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Composition Roof
  • Fiberglass Roof
  • Masonry

Interior Spaces

  • 1,160 Sq Ft Home
  • Water Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • No Rentals Allowed
  • Legal Lot and Block 01 / 01
  • Assessor Parcel Number SACO-000037-000001-000001-000304

Community Details

Overview

  • 91 Units
  • Island Terrace Subdivision

Recreation

  • Country Club

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,913

Year Built

Built in 1987

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Road Surface Type: Paved
  • Water Body Name: Saco River
  • Co List Office Mls Id: 2957
  • Co List Office Phone: 207-553-2605
  • MLS Status: Closed
  • Subdivision Name: Island Terrace
  • Above Grade Finished Sq Ft: 1160.0
  • Architectural Style: Other Style
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.03
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1160.0
  • Property Information:Garage: No
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Location Information:Association Fee: 384.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: No
  • Condominium:Units in Building: 91
  • Water Heater:Electric2: Yes
  • Heat Fuel:Gas Natural: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Gas:Natural - At Street: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Property Information:Deed Restrictions: Unknown
  • Location:Near Country Club: Yes
  • Water Heater:Tank: Yes
  • Exterior:Brick: Yes
  • Location:Near Railroad: Yes
  • Roof:Fiberglass: Yes
  • Roof:Flat: Yes
  • Construction:Masonry: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: Yes
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Brick, Masonry
  • Roof: Fiberglass, Flat

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: 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: 384.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: SACO-000037-000001-000001-000304
  • Zoning: B-4

Multi Family

  • Number Of Units In Community: 91

Tax Info

  • Tax Annual Amount: 1913.0
  • Tax Block: 01
  • Tax Book Number: 17898
  • Tax Lot: 01
  • Tax Map Number: 037
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Dobbins Daniel and Dobbins Carole
Bought by
Dance Elizabeth S
Current Estimated Value
$375,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$210,952
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$148,608

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 23, 2019
Sold by
Rose Cassaundra A and Rose Thatcher
Bought by
Zanca Mariah
Seller's Agent
Jeffrey Mateja
Keller Williams Realty
Buyer's Agent
Matthew DiBiase
Landing Real Estate
List Price
$164,900
Sold Price
$175,000
Premium/Discount to List
$10,100
6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$166,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2018
Closed on
Feb 14, 2019
Sold by
Apte John W and Macas-Andrade Monica N
Bought by
Rose Cassaundra A and Rose Thatcher
Seller's Agent
Payton Hurlin Scribner
The Real Estate Store
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$165,000
Sold Price
$159,000
Premium/Discount to List
-$6,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.14%
Original Mortgage
$151,050
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Apte John W
Bought by
Macas Monica N and Apte John W
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 Type Sale Price Title Company
Warranty Deed $362,000 None Available
Warranty Deed $362,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,000 Purchase Money Mortgage
Closed $212,000 Purchase Money Mortgage
Previous Owner $166,250 New Conventional
Previous Owner $151,050 New Conventional
Previous Owner $110,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $210,000 +5.8% $181 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $198,500 +13.4% $171 / Sq Ft
08/23/2019 08/23/19 Sold $175,000 +6.1% $151 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $164,900 +3.7% $142 / Sq Ft
02/20/2019 02/20/19 Sold $159,000 -3.6% $137 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $165,000 -- $142 / 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 $2,609 $185,700 $75,800 $109,900
2023 $2,739 $185,700 $75,800 $109,900
2022 $2,462 $134,300 $57,700 $76,600
2021 $2,224 $117,800 $46,200 $71,600
2020 $2,014 $102,400 $38,300 $64,100
2019 $1,985 $102,400 $38,300 $64,100
2018 $1,777 $98,700 $34,600 $64,100
2017 $1,820 $93,900 $34,600 $59,300
2016 $1,777 $91,500 $32,200 $59,300
2015 $1,759 $91,500 $32,200 $59,300
2014 $1,704 $91,500 $32,200 $59,300
2013 -- $91,500 $32,200 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1425055

Maine Listings

APN: SACO-000037-000001-000001-000304