N
Seller's Agent in 2025
Nicholas Trepanier
F.O. Bailey Real Estate
(207) 781-1111
1 in this area
15 Total Sales
112 Elm St Saco, ME 04072
Central Saco Neighborhood
--
Bed
2.5
Baths
2,532
Sq Ft
5,227
Sq Ft Lot
Highlights
- Nearby Water Access
- Barn
- Country Club
- Saco Middle School Rated A-
- Public Beach
- The property is located in a historic district
About This Home
As of May 2025Saco-downtown multifamily 2-unit homes do not come available like this particular one very often!! Situated on a corner lot, one way street, eliminating the business of most downtown roads. Off street parking for 4+ vehicles w/yard. Sidewalks to stroll downtown for a coffee, bite to eat or some casual shopping- makes this location perfect for an owner or investor.Spacious & updated first floor 2-bedroom has an ideal layout for an owner occupy situation or if you're looking to obtain professional tenants at a monthly-rent premium- this one is a gem! Did I mention in-unit laundry-room as well.Unit-2 is two levels on the 2nd & 3rd floor & provides 4-bedrooms to maximize your potential rental income! Tastefully updated w/half bath & full bath. In unit Laundry and plenty of space. Both units feel very spacious and are carefully designed making it a great layout. New roof in 2016 w/plenty of life left. If you're an investor looking to invest in the growing Saco market or seeking to live here as your primary residence w/low monthly expenses this property should not be missed! Open House on Sunday, April 6th, from 11-1pm. Don't miss out on this opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,799
Year Built
- Built in 1867
Lot Details
- 5,227 Sq Ft Lot
- Public Beach
- Corner Lot
- Level Lot
- Open Lot
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Common or Shared Parking
- Shared Driveway
Home Design
- Colonial Architecture
- Brick Foundation
- Wood Frame Construction
- Shingle Roof
- Wood Siding
- Clap Board Siding
- Clapboard
Interior Spaces
- 2,532 Sq Ft Home
- 3-Story Property
- Screened Porch
- ENERGY STAR Qualified Appliances
- Laundry on main level
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- Main Floor Bedroom
- Shower Only
Unfinished Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Interior Basement Entry
Accessible Home Design
- Doors are 32 inches wide or more
- Level Entry For Accessibility
Location
- Property is near public transit
- Property is near a golf course
- The property is located in a historic district
- City Lot
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- Natural Gas Not Available
- Electric Water Heater
- Internet Available
- Cable TV Available
Additional Features
- Nearby Water Access
- Barn
Listing and Financial Details
- Tax Lot 23
- Assessor Parcel Number SACO-000039-000023
Community Details
Overview
- No Home Owners Association
- 2 Units
- Historic Preservation District Subdivision
Recreation
- Country Club
Building Details
- Operating Expense $9,780
- Gross Income $60,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 30, 2025
Sold by
Joyce Nicholas J and Hilton-Joyce Stephen R
Bought by
Matutala Freddy I and Nzinga Solange
Seller's Agent
Nicholas Trepanier
F.O. Bailey Real Estate
Buyer's Agent
Daniel Meuse
Hearth & Key Realty
List Price
$619,900
Sold Price
$674,000
Premium/Discount to List
$54,100
8.73%
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,587
Avg. Annual Appreciation
-15.48%
Original Mortgage
$661,792
Outstanding Balance
$660,100
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$25,687
Purchase Details
Closed on
Mar 6, 2023
Sold by
Godbout James M
Bought by
James M Godbout Ret and Godbout
Purchase Details
Listed on
Apr 15, 2021
Closed on
May 24, 2021
Sold by
Gagnon Brittany L
Bought by
Hilton Stephen R and Joyce Nicholas J
Seller's Agent
Chelsea Locke
Townsend Real Estate
Buyer's Agent
Alberta Byrnes
Better Homes & Gardens Real Estate/The Masiello Group
List Price
$385,000
Sold Price
$450,000
Premium/Discount to List
$65,000
16.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$441,849
Interest Rate
3.1%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 14, 2019
Closed on
May 3, 2019
Sold by
Hawthorne Joy P
Bought by
Gagnon Brittany L
Seller's Agent
Stephen Levine
Century 21 North East
Buyer's Agent
Hannah Finegold
Real Broker
List Price
$319,900
Sold Price
$316,000
Premium/Discount to List
-$3,900
-1.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.72%
Original Mortgage
$310,276
Interest Rate
4.2%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 21, 2016
Closed on
Nov 17, 2016
Sold by
Mecap Llc
Bought by
Hawthorne Joy P
Seller's Agent
Tim Madden
Assist-2-Sell Home Team Advantage
Buyer's Agent
Steve Levine
Century 21 First Choice Realty
List Price
$249,900
Sold Price
$228,900
Premium/Discount to List
-$21,000
-8.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$224,753
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 29, 2016
Sold by
Lalumiere Scott P
Bought by
Mecap Llc
Purchase Details
Listed on
May 16, 2015
Closed on
Oct 5, 2015
Sold by
Us Bank Na Tr
Bought by
Lalumiere Scott
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$135,000
Sold Price
$95,000
Premium/Discount to List
-$40,000
-29.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%
Purchase Details
Listed on
May 16, 2015
Closed on
Sep 8, 2015
Sold by
Nye Timothy and Us Bank Na
Bought by
Us Bank Na Tr
Seller's Agent
Kathleen Phillips LaBombard
Ocean Gate Realty, LLC.
Buyer's Agent
Kathleen Phillips LaBombard
Bay Realty
List Price
$135,000
Sold Price
$95,000
Premium/Discount to List
-$40,000
-29.63%
Purchase Details
Closed on
May 1, 2006
Sold by
Storey Lloyd
Bought by
Nye Timothy and Nye Destinee A
Purchase Details
Closed on
Nov 4, 2005
Sold by
Saco City Of
Bought by
Storey Lloyd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $674,000 | None Available | |
| Warranty Deed | $674,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $661,792 | FHA | |
| Closed | $661,792 | FHA | |
| Previous Owner | $441,849 | FHA | |
| Previous Owner | $310,276 | FHA | |
| Previous Owner | $224,753 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $674,000 | +8.7% | $266 / Sq Ft | |
| 04/03/2025 04/03/25 | For Sale | $619,900 | +37.8% | $245 / Sq Ft | |
| 05/24/2021 05/24/21 | Sold | $450,000 | +16.9% | $178 / Sq Ft | View Prior Sale |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- | |
| 04/15/2021 04/15/21 | For Sale | $385,000 | +21.8% | $152 / Sq Ft | |
| 05/04/2019 05/04/19 | Sold | $316,000 | -1.2% | $91 / Sq Ft | View Prior Sale |
| 04/01/2019 04/01/19 | Pending | -- | -- | -- | |
| 03/14/2019 03/14/19 | For Sale | $319,900 | +39.8% | $92 / Sq Ft | |
| 11/14/2016 11/14/16 | Sold | $228,900 | -8.4% | $90 / Sq Ft | View Prior Sale |
| 08/22/2016 08/22/16 | Pending | -- | -- | -- | |
| 06/21/2016 06/21/16 | For Sale | $249,900 | +163.1% | $98 / Sq Ft | |
| 09/30/2015 09/30/15 | Sold | $95,000 | -29.6% | $40 / Sq Ft | View Prior Sale |
| 08/31/2015 08/31/15 | Pending | -- | -- | -- | |
| 05/16/2015 05/16/15 | For Sale | $135,000 | -- | $57 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $4,799 | $341,600 | $92,500 | $249,100 |
| 2023 | $5,039 | $341,600 | $92,500 | $249,100 |
| 2022 | $4,469 | $243,800 | $70,500 | $173,300 |
| 2021 | $4,233 | $224,200 | $63,600 | $160,600 |
| 2020 | $3,965 | $201,600 | $55,400 | $146,200 |
| 2019 | $3,907 | $201,600 | $55,400 | $146,200 |
| 2018 | $3,828 | $197,500 | $51,300 | $146,200 |
| 2017 | $2,795 | $144,200 | $51,300 | $92,900 |
| 2016 | $3,519 | $181,200 | $47,700 | $133,500 |
| 2015 | $2,989 | $155,500 | $47,700 | $107,800 |
| 2014 | $2,895 | $155,500 | $47,700 | $107,800 |
| 2013 | $2,889 | $155,500 | $47,700 | $107,800 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Trepanier
-
Daniel Meuse
D
Buyer's Agent in 2025
Daniel Meuse
Hearth & Key Realty
(207) 450-9643
3 in this area
71 Total Sales
-
C
Seller's Agent in 2021
Chelsea Locke
Townsend Real Estate
-
A
Buyer's Agent in 2021
Alberta Byrnes
Better Homes & Gardens Real Estate/The Masiello Group
-
S
Seller's Agent in 2019
Stephen Levine
Century 21 North East
-
Hannah Finegold
Buyer's Agent in 2019
Hannah Finegold
Real Broker
(207) 615-2033
1 in this area
69 Total Sales
Map
Source: Maine Listings
MLS Number: 1617962
APN: SACO-000039-000023
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Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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