NOT LISTED FOR SALE

Island Terrace 110 Main St Unit 327 Saco, ME 04072

Downtown Saco Neighborhood

Estimated Value: $328,000 - $370,278

2 Beds
1.5 Baths
1,160 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $178,000 $153 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,423/month

49 Days on Market

Highlights

  • Nearby Water Access
  • River Front
  • Property is near public transit
  • Saco Middle School Rated A-
  • The property is located in a historic district
  • 5-minute walk to Mechanics Park

About This Home

As of November 2019

You'll love the brick exposed walls, tall ceilings and the architectural features of this restore historic mill building. This 3rd floor Island Terrace townhome offers not only one of the best locations in the building, (just off the elevator) but if offers some of the best river views. Primarily used as second home, it has been well cared for with updated laminate flooring throughout, and carpet only in the guest bedroom. There's 1160 sf of living area w/ 2 bedrooms up and 1.5 baths, and designated parking. Monthly HOA fee includes heat and central air conditioning! This is conveniently located in downtown's mill district, with easy access to restaurants, coffee shops, and several sandy beaches. Living here it's 5 minutes to the turnpike, 1.5 hours to Boston, 20 minutes to Portland and could commute to via Amtrak. Building does have an elevator and laundry on each floor. Makes a great first or second home.

Last Agent to Sell the Property

Roslind Anton

RE/MAX Realty One Listed on: 09/25/2019

Last Buyer's Agent

Jonathan Safford

Better Homes & Gardens Real Estate/The Masiello Group

Better Homes & Gardens Real Estate/The Masiello Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 1987

Lot Details

  • 1,307 Sq Ft Lot
  • River Front

HOA Fees

  • $384 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • 1,160 Sq Ft Home
  • Brick Exterior Construction
  • Membrane Roofing
  • Masonry

Kitchen

  • Electric Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • 1 Parking Space
  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • River Nearby

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1-1-134
  • Assessor Parcel Number SACO-000037-000001-000001-000327

Community Details

Overview

  • 90 Units
  • Island Terrace Condominiums Subdivision

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • Pets Allowed with Restrictions

Townhouse Details

Home Type

Townhome

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
  • MLS Status: Closed
  • Subdivision Name: Island Terrace Condominiums
  • Directions: Exit 36 Saco, take Route 1 South right turn just after Amtrak by the Saco River. Just before Run of the Mill Restaurant
  • Above Grade Finished Sq Ft: 1160.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 153.45
  • 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
  • Site:Level: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Heat System:Forced Air: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Floors:Carpet: 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
  • Heat System:Heat Pump: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 90
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Vehicle Storage:_one_ Car: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Location:Historic District: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Kitchen Countertop:Formica: Yes
  • View:Scenic: Yes
  • Exterior:Brick: Yes
  • Heat System:Space Heater: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Transportation:Rail Available: Yes
  • Style:Townhouse: Yes
  • Construction:Masonry: Yes
  • Amenities:Laundry - Coin: Yes
  • Restrictions:Pet: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Advertising Remarks:Advertising Remarks: You'll love the brick exposed walls, tall ceilings and the architectural features of this restore historic mill building. This 3rd floor Island Terrace townhome offers not only one of the best locations in the building, (just off the elevator) but if offers some of the best river views. Primarily used as second home, it has been well cared for with updated laminate flooring throughout, and carpet only in the guest bedroom. There's 1160 sf of living area w/ 2 bedrooms up and 1.5 baths, and designated parking. Monthly HOA fee includes heat and central air conditioning! This is conveniently located in downtown's mill district, with easy access to restaurants, coffee shops, and several sandy beaches. Living here it's 5 minutes to the turnpike, 1.5 hours to Boston, 20 minutes to Portland and could commute to via Amtrak. Building does have an elevator and laundry on each floor. Makes a great first or second home.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger

Exterior Features

  • Lot Features: Level, Sidewalks, Historic District, Intown, Near Shopping, Near Turnpike/Interstate, Near Public Transit, Near Railroad
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Brick, Masonry
  • Roof: Membrane

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 384.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Saco Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1306.8
  • Parcel #: SACO-000037-000001-000001-000327
  • Zoning: B-4

Multi Family

  • Number Of Units In Community: 90

Tax Info

  • Tax Annual Amount: 1913.0
  • Tax Lot: 1-1-134
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Sharifipour Amy and Sharifipour Andrew
Bought by
Meeting House Family Prop
Current Estimated Value
$346,070

Purchase Details

Closed on
Jun 30, 2023
Sold by
Thurber Claire M and Thurber John H
Bought by
Sharifipour Amy and Sharifipour Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2007
Sold by
Elder Elizabeth
Bought by
Bearov Landrum Alisa and Landrum Charles R
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
Meeting House Family Prop -- None Available
Meeting House Family Prop -- None Available
Sharifipour Amy $330,000 None Available
Sharifipour Amy $330,000 None Available
Sharifipour Amy $330,000 None Available
Bearov Landrum Alisa -- --
Bearov Landrum Alisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharifipour Amy $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $178,000 0.0% $153 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $178,000 -- $153 / 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 $1,700 $91,500 $32,200 $59,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Roslind Anton

    RE/MAX

  • J

    Buyer's Agent in 2019

    Jonathan Safford

    Better Homes & Gardens Real Estate/The Masiello Group

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About Island Terrace

Map

Source: Maine Listings

MLS Number: 1428944

Maine Listings

APN: SACO-000037-000001-000001-000327

Maine York County Saco 04005 Downtown Saco

110 Main St Unit 327, Saco, ME

Not Listed for Sale

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