NOT LISTED FOR SALE

Estimated Value: $406,024 - $594,000

6 Beds
2 Baths
2,490 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $425,000 $171 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,965/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Porch
  • Saco Middle School Rated A-
  • No HOA
  • 3-minute walk to Pepperell Park

About This Home

As of April 2022

Well maintained 2 unit in the heart of Saco. Great owner occupied or investment unit. Rents below market value. Each unit is a mirror image of one another, 3 bedrooms, 1 bath, kitchen and large storage rooms. Updated wiring, blown in insulation, vinyl windows and siding leaving this homes exterior maintenance free. Buderus heating system. Separate electric, shared heating. Laundry in basement. Fenced in dog area with insulated dog house. You will find a variety of perennials and fruit trees including apple and pear along with raspberry and blueberry bushes. Parking for 4 cars off street. 1st floor unit will be vacant end of April; 2nd floor tenant would like to stay but would need 60 day notice to vacate per lease.

Last Agent to Sell the Property

Anne Marie Cooke

Maine Home Connection Brokerage Phone: 207.517.3100 Listed on: 03/14/2022

Last Buyer's Agent

Tiffany Semprini

The Aland Realty Group, LLC

The Aland Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1867

Lot Details

  • 9,148 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,490 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Vinyl

Unfinished Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Shed
  • Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number SACO-000032-000117

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,496
  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Beach Street West to left on Winter.
  • Above Grade Finished Sq Ft: 2490.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1867
  • Attribution Contact: 207.517.3100
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 160.64
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.21
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2490.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 30900.0
  • Income Expenses Operating Expenses: 7496.0
  • Style:Multi-Level: Yes
  • Basement:BrickMortar: Yes
  • Transportation:Public Transport Access: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Well maintained 2 unit in the heart of Saco. Great owner occupied or investment unit. Rents below market value. Each unit is a mirror image of one another, 3 bedrooms, 1 bath, kitchen and large storage rooms. Updated wiring, blown in insulation, vinyl windows and siding leaving this homes exterior maintenance free. Separate electric, shared heating. Buderus heating system Laundry in basement. Fenced in dog area with insulated dog house. You will find a variety of perennials and fruit trees including apple and pear along with raspberry and blueberry bushes. Parking for 4 cars off street. 1st floor unit will be vacant end of April; 2nd floor tenant would like to stay but would need 60 day notice to vacate per lease.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick/Mortar, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Vinyl

Exterior Features

  • Lot Features: Level, Landscaped, Near Shopping, Near Town, Neighborhood, Near Public Transit
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Hot 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: 9147.6
  • Parcel #: SACO-000032-000117
  • Zoning: B-7

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 30900.0
  • Annual Operating Expense: 7496.0

Tax Info

  • Tax Annual Amount: 3708.0
  • Tax Lot: 117
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 27, 2022
Sold by
Messick Jeffrey A and Messick Samantha J
Bought by
Dirigo Realty Vent Llc
Seller's Agent
Anne Marie Cooke
Maine Home Connection
Buyer's Agent
Tiffany Semprini
The Aland Realty Group, LLC
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Current Estimated Value
$502,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,006
Avg. Annual Appreciation
4.57%

Purchase Details

Listed on
Jul 27, 2015
Closed on
Sep 2, 2015
Sold by
Boutet Peter J and Boutet Lauren N
Bought by
Messick Samantha J and Messick Jeffrey A
Seller's Agent
David Dunn
The Real Estate Store
Buyer's Agent
Anne Marie Cooke
Maine Home Connection
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$230,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2014
Sold by
Zimniki Pauline Est
Bought by
Boutet Peter J and Boutet Lauren N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dirigo Realty Vent Llc $425,000 None Available
Messick Samantha J -- --
Boutet Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Messick Samantha J $230,000
Previous Owner Boutet Peter J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2022 04/27/22 Sold $425,000 +6.3% $171 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $400,000 +73.9% $161 / Sq Ft
09/01/2015 09/01/15 Sold $230,000 -4.1% $92 / Sq Ft View Prior Sale
06/28/2015 06/28/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $239,900 -- $96 / 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 $4,392 $312,600 $129,400 $183,200
2023 $4,611 $312,600 $129,400 $183,200
2022 $4,128 $225,200 $98,600 $126,600
2021 $3,708 $196,400 $88,100 $108,300
2020 $3,354 $170,500 $77,500 $93,000
2019 $3,304 $170,500 $77,500 $93,000
2018 $3,602 $163,400 $70,400 $93,000
2017 $2,872 $168,200 $70,400 $97,800
2016 $3,602 $185,500 $65,500 $120,000
2015 $3,529 $183,600 $65,500 $118,100
2014 $3,419 $183,600 $65,500 $118,100
2013 $3,411 $183,600 $65,500 $118,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1521703

Maine Listings

APN: SACO-000032-000117