$171,000
SOLD APR 4, 2025
-- Bed
2 Baths
1,208 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

64% Above List Price

40 Days on Market

Highlights

  • Main Floor Bedroom
  • Farmhouse Style Home
  • No HOA
  • Saco Middle School Rated A-
  • Corner Lot
  • 1 Car Attached Garage

About This Home

As of April 2025

Restoration opportunity in downtown Saco! Located at the corner of Pearl and Pleasant Streets, just blocks from all that Main Street has to offer. The building has been abandoned for several years, and needs extensive repairs, which is reflected in the price, and purchase will need to be cash, rehab, or private financing.

Last Agent to Sell the Property

Bryce Hamilton

Coldwell Banker Realty Brokerage Phone: 207-773-1990 Listed on: 02/05/2025

Coldwell Banker Realty

Last Buyer's Agent

Cash Wiseman

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1878

Lot Details

  • 2,178 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Interior Basement Entry
  • Crawl Space

Location

  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Natural Gas Not Available
  • No Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 193
  • Assessor Parcel Number SACO-000038-000193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,574

Year Built

Built in 1878

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Corner of Pleasant and Pearl Streets.
  • Above Grade Finished Sq Ft: 1208.0
  • Architectural Style: Farmhouse
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1878
  • Attribution Contact: 207-773-1990
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.05
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1208.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: 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
  • Basement Entry:Interior: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Foundation Materials:Block3: Yes
  • Basement:Crawl Space: Yes
  • Property Information:Short Sale Continue to Show: No
  • Property Information:Deed Restrictions: Unknown
  • Property Information:Bank Owned REO: Yes
  • Water Heater:None2: Yes
  • Heat System:No Heat System: Yes
  • Building Info:_pound_ Floors3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space, Interior Entry
  • Full Bathrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot, Sidewalks, Intown
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Block
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: No Heat System
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: SACO-000038-000193
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2574.0
  • Tax Book Number: 19580
  • Tax Lot: 193
  • Tax Map Number: 38
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Feb 6, 2025
Sold by
Cwabs Inc and Bk Of Ny Mellon Tr
Bought by
Cwabs Inc Asset-Backe 200 and Bk Of Ny Mellon Tr
Seller's Agent
Bryce Hamilton
Coldwell Banker Realty
Buyer's Agent
Cash Wiseman
Keller Williams Realty
List Price
$104,000
Sold Price
$171,000
Premium/Discount to List
$67,000
64.42%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
568.03%
Original Mortgage
$235,300
Outstanding Balance
$235,300
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$29,367

Purchase Details

Closed on
Mar 7, 2014
Sold by
Brown Susan E
Bought by
Brown Bill P

Purchase Details

Closed on
Aug 22, 2011
Sold by
Brown Bill P
Bought by
Brown Susan E
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
Foreclosure Deed $10,000 None Available
Foreclosure Deed $10,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,300 Purchase Money Mortgage
Closed $235,300 Purchase Money Mortgage
Previous Owner $178,200 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $171,000 +64.4% $142 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $104,000 -- $86 / 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 $2,574 $183,200 $81,600 $101,600
2023 $2,702 $183,200 $81,600 $101,600
2022 $2,432 $132,700 $62,200 $70,500
2021 $2,292 $121,400 $56,100 $65,300
2020 $2,128 $108,200 $48,900 $59,300
2019 $2,097 $108,200 $48,900 $59,300
2018 $2,027 $104,600 $45,300 $59,300
2017 $1,928 $99,500 $45,300 $54,200
2016 $2,525 $130,000 $42,100 $87,900
2015 $2,477 $128,900 $42,100 $86,800
2014 $2,400 $128,900 $42,100 $86,800
2013 $2,395 $128,900 $42,100 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1613865

Maine Listings

APN: SACO-000038-000193