NOT LISTED FOR SALE

130 Elm St Saco, ME 04072

Central Saco Neighborhood
9 Beds
14 Baths
12,611 Sq Ft
0.46 Acres

Last Sold November 21, 2017

Last sale price $1,145,000 $91 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Property is near shops
  • Hot Water Heating System
  • Saco Middle School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2017

A remarkable investment opportunity in a great area of Saco. Total of 14 units w/ plenty of parking. 3-1 Bedrooms, 5-2 Bedrooms, 4-3 Bedrooms and 2-4 Bedrooms. Newer roofs, boilers, electric, and under-market rents. Gross income $170k/year 8.5% Cap. (Projection: $197,700/year 10.5% Cap). Please see attached income/expense.

Last Agent to Sell the Property

Thomas Gadbois

F.O. Bailey Real Estate Listed on: 09/14/2017

Last Buyer's Agent

Graham Pillsbury

RE/MAX By The Bay

RE/MAX By The Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,790

Year Built

  • Built in 1900

Lot Details

  • 0.46 Acre Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Vinyl Siding

Interior Spaces

  • 14 Full Bathrooms
  • 12,611 Sq Ft Home
  • 3-Story Property
  • Carpet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near shops
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 14 Units

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number SACO-000039-000009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,790

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 12611.0
  • Architectural Style: Other Style
  • Building Stories: 3
  • Year Built: 1900
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 90.79
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.46
  • Property Information:Total Baths: 14.0
  • Property Information:SqFt Finished Above Grade: 12611.0
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Property Information:Number of Units: 14
  • Building Info:_pound_ Stories2: 3
  • Gas:Natural - At Street: Yes
  • Roof:RolledHot Mop: Yes
  • Advertising Remarks:Advertising Remarks: A remarkable investment opportunity in a great area of Saco. Total of 14 units w/ plenty of parking. 3-1 Bedrooms, 5-2 Bedrooms, 4-3 Bedrooms and 2-4 Bedrooms. Newer roofs, boilers, electric, and under-market rents. Gross income $170k/year 8.5% Cap. (Projection: $197,700/year 10.5% Cap). Please see attached income/expense.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 14
  • Fireplace: No
  • Flooring: Other, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Sidewalks, Intown, Shopping Mall
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Roof: Rolled/Hot Mop, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Forced Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: SACO-000039-000009
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 14

Tax Info

  • Tax Annual Amount: 12790.0
  • Tax Lot: 009
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Elm Street Living Llc
Bought by
Naa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,355,600
Outstanding Balance
$1,221,968
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Naa Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naa Properties Llc $1,355,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2017 11/21/17 Sold $1,145,000 -2.5% $91 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $1,174,000 -- $93 / 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 $9,044 $643,700 $168,300 $475,400
2023 $9,495 $643,700 $168,300 $475,400
2022 $11,064 $603,600 $128,200 $475,400
2021 $10,471 $554,600 $115,800 $438,800
2020 $11,116 $565,100 $100,900 $464,200
2019 $10,952 $565,100 $100,900 $464,200
2018 $10,254 $529,100 $93,400 $435,700
2017 $9,632 $497,000 $93,400 $403,600
2016 $9,652 $497,000 $93,400 $403,600
2015 $9,552 $497,000 $93,400 $403,600
2014 $9,254 $497,000 $93,400 $403,600
2013 $9,234 $497,000 $93,400 $403,600
Source: Public Records

Agents Affiliated with this Home

  • Thomas Gadbois

    Seller's Agent in 2017

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 409-8339

    147 Total Sales

    Thomas Gadbois
    Section Image

  • G

    Buyer's Agent in 2017

    Graham Pillsbury

    RE/MAX

    Section Image
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Map

Source: Maine Listings

MLS Number: 1326344

Maine Listings

APN: SACO-000039-000009

Maine York County Saco 04072 Central Saco

130 Elm St, Saco, ME

Not Listed for Sale

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