NOT LISTED FOR SALE

Estimated Value: $511,000 - $601,000

5 Beds
2 Baths
2,060 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $556,000 $270 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,281/month

3 Days on Market

Highlights

  • Public Beach
  • Country Club
  • Main Floor Bedroom
  • Saco Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Memorial Recreation Fields

About This Home

As of November 2024

Unlock a unique investment opportunity in the heart of Saco's coveted Beach Street - an investor's dream boasting successful short-term and long-term rental income in a prime location. Nestled on a corner lot, this distinctive and lucrative colonial-style duplex offers historical character and unparalleled accessibility to Saco's charming downtown area, local dining, and beautiful coastal attractions. Offset your mortgage by owner-occupying one unit or maximizing income potential by renting both units, the possibilities are endless.Each unit features two well-sized bedrooms, a full bathroom, eclectic kitchens with dining areas, and spacious living rooms that are perfect for entertaining guests or housing long-term tenants. Pristine wood flooring captures the historic charm and maintenance-free vinyl plank encompasses modern taste. Ample storage space, abundance of natural light, separate private driveways, and cozy three-season porches are additional touches that create an inviting retreat for everyone. Additional features include a large detached two-car garage, unfinished full basement, low-maintenance metal roof, new sump pump, numerous upgrades, and a large fenced-in side yard that is perfect for entertaining guests or lounging by the fire with loved ones. Ideally located within minutes to the vibrant Pepperell Mills, local schools, hiking trails, i-95/i-295, and Southern Maine's most beautiful sandy beaches. Make it yours today!

Last Agent to Sell the Property

Cady Toussaint

Portside Real Estate Group Listed on: 10/03/2024

Last Buyer's Agent

Melissa Milem

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Public Beach
  • Fenced
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,060 Sq Ft Home
  • Ceiling Fan
  • Laundry on main level

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor

Outdoor Features

  • Enclosed Glass Porch

Location

  • Property is near golf course
  • City Lot

Utilities

  • Air Conditioning
  • Dehumidifier
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Not Available
  • Oil Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 221
  • Assessor Parcel Number SACO-000032-000221

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Building Details

  • Operating Expense $9,589
  • Gross Income $63,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,837

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: GPS Friendly.
  • Above Grade Finished Sq Ft: 2060.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Efficiency: Programmable Thermostat, Dehumidifier, Ceiling Fans
  • Year Built: 1925
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 254.85
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.17
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2060.0
  • Property Information:Garage: Yes
  • Site:Corner Lot: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 2.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Shower: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Roof:Metal: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 63995.0
  • Income Expenses Operating Expenses: 9589.22
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Basement:Dirt Floor: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Equipment:Internet Access Available: Yes
  • Water Heater:Oil2: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Energy Efficiency:Dehumidifier: Yes
  • Cooling:AC Units: Yes
  • Energy Efficiency:Programmable Thermostat: Yes
  • Patio and Porch Features:Glassed-in Porch: Yes
  • Advertising Remarks:Advertising Remarks: Unlock a unique investment opportunity in the heart of Saco's coveted Beach Street - an investor's dream boasting successful short-term and long-term rental income in a prime location. Nestled on a corner lot, this distinctive and lucrative colonial-style duplex offers historical character and unparalleled accessibility to Saco's charming downtown area, local dining, and beautiful coastal attractions. Offset your mortgage by owner-occupying one unit or maximizing income potential by renting both units, the possibilities are endless.Each unit features two well-sized bedrooms, a full bathroom, eclectic kitchens with dining areas, and spacious living rooms that are perfect for entertaining guests or housing long-term tenants. Pristine wood flooring captures the historic charm and maintenance-free vinyl plank encompasses modern taste. Ample storage space, abundance of natural light, separate private driveways, and cozy three-season porches are additional touches that create an inviting retreat for everyone. Additional features include a large detached two-car garage, unfinished full basement, low-maintenance metal roof, new sump pump, numerous upgrades, and a large fenced-in side yard that is perfect for entertaining guests or lounging by the fire with loved ones. Ideally located within minutes to the vibrant Pepperell Mills, local schools, hiking trails, i-95/i-295, and Southern Maine's most beautiful sandy beaches. Make it yours today!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Dirt Floor, Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Shower, Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Sidewalks, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Glass Enclosed
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: A/C Units
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Baseboard
  • 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: 7405.2
  • Parcel #: SACO-000032-000221
  • Zoning: HDR

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 63995.0
  • Annual Operating Expense: 9589.22

Tax Info

  • Tax Annual Amount: 4837.0
  • Tax Lot: 221
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 6, 2024
Sold by
Mailand Celia
Bought by
Souliere Patrick R
Seller's Agent
Cady Toussaint
Portside Real Estate Group
Buyer's Agent
Melissa Milem
Keller Williams Realty
List Price
$525,000
Sold Price
$556,000
Premium/Discount to List
$31,000
5.9%
Views
15
Current Estimated Value
$559,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,422
Avg. Annual Appreciation
0.51%
Original Mortgage
$528,200
Outstanding Balance
$521,810
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,612

Purchase Details

Listed on
Oct 26, 2017
Closed on
May 9, 2018
Sold by
Garner Matthew R and Garner Elizabeth W
Bought by
Mailand Celia
Seller's Agent
Justin Johnson
Bean Group
Buyer's Agent
Ross Del Deo
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.50%
Original Mortgage
$207,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2016
Sold by
Marcia Hyde Llc
Bought by
Garner Mathew R and Garner Elizabeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2015
Sold by
Hyde Marcia Llc
Bought by
Hyde Marcia J

Purchase Details

Closed on
Oct 28, 2014
Sold by
Fnma
Bought by
Marcia Hyde Llc

Purchase Details

Closed on
Mar 26, 2014
Sold by
Pellish Daniel A
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Souliere Patrick R $556,000 None Available
Souliere Patrick R $556,000 None Available
Mailand Celia -- --
Mailand Celia -- --
Mailand Celia -- --
Garner Mathew R -- --
Garner Mathew R -- --
Garner Mathew R -- --
Hyde Marcia J -- --
Marcia Hyde Llc $139,200 --
Federal National Mortgage Association -- --
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souliere Patrick R $528,200
Closed Souliere Patrick R $528,200
Previous Owner Mailand Celia $207,000
Previous Owner Garner Mathew R $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2024 11/06/24 Sold $556,000 +5.9% $270 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $525,000 +128.3% $255 / Sq Ft
05/04/2018 05/04/18 Sold $230,000 -8.0% $112 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $250,000 -- $121 / 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 $4,607 $327,900 $127,800 $200,100
2023 $4,837 $327,900 $127,800 $200,100
2022 $4,401 $240,100 $97,400 $142,700
2021 $4,135 $219,000 $86,900 $132,100
2020 $3,777 $192,000 $76,500 $115,500
2019 $3,721 $192,000 $76,500 $115,500
2018 $3,605 $186,000 $69,500 $116,500
2017 $3,576 $184,500 $69,500 $115,000
2016 $3,936 $202,700 $64,700 $138,000
2015 $3,859 $200,800 $64,700 $136,100
2014 $3,739 $200,800 $64,700 $136,100
2013 $3,190 $171,700 $64,700 $107,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1605196

Maine Listings

APN: SACO-000032-000221