NOT LISTED FOR SALE

Estimated Value: $466,862 - $643,000

5 Beds
2 Baths
2,448 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $530,000 $217 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,350/month

2 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Deck
  • Saco Middle School Rated A-
  • Country Club
  • Property is near golf course and public transit

About This Home

As of September 2022

Looking for the perfect owner occupy multi-unit property? This is the property for you! Walking distance to downtown, restaurants, grocery stores, schools, and just minutes to beaches, train station and interstate. Separate heat and electric for each unit. Unit 1 includes electric range, microwave, refrigerator and dishwasher. Unit 2, tenant owns refrigerator, range, and washer and dryer.
The first floor unit has been completely renovated with quartz countertops, new cabinets in kitchen and bathroom, hardwood and tile flooring, an expanded entryway for both units, back deck and patio along with a large fenced in yard. This is just a few of the several updates on this property.
Unit 1 pictures taken prior to current tenants. Also, included renovation pictures.

Last Agent to Sell the Property

Lori Ann Pelletier

Regency Realty Group Listed on: 07/26/2022

Last Buyer's Agent

Marie Flaherty

The Flaherty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Public Beach
  • Fenced
  • Landscaped

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Low Emissivity Windows
  • Screened Porch
  • Storm Doors
  • Laundry on main level
  • Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 2 Full Bathrooms

Unfinished Basement

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

Outdoor Features

  • Nearby Water Access
  • Deep Water Access
  • Deck
  • Patio

Location

  • Property is near golf course and public transit
  • City Lot

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Tankless Water Heater

Listing and Financial Details

  • Tax Block 025
  • Assessor Parcel Number SACO-000032-000025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $16,000
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,931

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2448.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Efficiency: Tankless Water Heater, Storm Doors, Low E Windows, Insulated Foundation, Double Pane Windows, Ceiling Fans
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 224.67
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.19
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2448.0
  • Property Information:Garage: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Heat System:Heat Pump: Yes
  • Cooling:Heat Pump3: Yes
  • Amenities:One-Floor Living: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 32400.0
  • Income Expenses Operating Expenses: 16000.0
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Energy Efficiency:Low E Windows: Yes
  • Energy Efficiency:Tankless Water Heater: Yes
  • Location:Near Country Club: Yes
  • Basement:Sump Pump: Yes
  • Transportation:Deep Water Access: Yes
  • Foundation Materials:Granite2: Yes
  • Roof:Membrane: Yes
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Energy Efficiency:Storm Doors: Yes
  • Building Info:_pound_ Floors3: 2
  • Patio and Porch Features:Porch-Screened: Yes
  • Advertising Remarks:Advertising Remarks: Looking for the perfect owner occupy multi-unit property? This is the property for you! Walking distance to downtown, restaurants, grocery stores, schools, and just minutes to beaches, train station and interstate. Unit 1 includes electric range, microwave, refrigerator and dishwasher. Unit 2, tenant owns refrigerator, range, and washer and dryer. The first floor unit has been completely renovated with quartz countertops, new cabinets in kitchen and bathroom, hardwood and tile flooring, an expanded entryway for both units, back deck and patio along with a large fenced in yard. This is just a few of the several updates on this property. Unit 1 pictures taken prior to current tenants. Also, included renovation pictures.
  • Property Information 2 Detached Houses on 1 Lot: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Full, Sump Pump, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Laminate, Carpet
  • Interior Amenities: 1st Floor Bedroom, Attic, One-Floor Living, Pantry
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sidewalks, Landscaped, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Roof: Membrane, Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Detached

Utilities

  • Laundry Features: Laundry - 1st Floor, Upper Level, Main Level
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Hot Water, Heat Pump, 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: 8276.4
  • Parcel #: SACO-000032-000025
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 32400.0
  • Annual Operating Expense: 16000.0

Tax Info

  • Tax Annual Amount: 3931.0
  • Tax Block: 025
  • Tax Lot: 00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Sep 1, 2022
Sold by
Decker Paul M
Bought by
Flaherty Regan
Seller's Agent
Lori Ann Pelletier
Regency Realty Group
Buyer's Agent
Marie Flaherty
The Flaherty Group
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$572,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,244
Avg. Annual Appreciation
1.27%
Original Mortgage
$520,400
Outstanding Balance
$498,314
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$54,902

Purchase Details

Closed on
May 30, 2013
Sold by
Roux Edward L and Roux Joyce P
Bought by
Decker Paul M

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
3.45%
Mortgage Type
New Conventional
Source: Public Records
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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
Flaherty Regan $530,000 None Available
Decker Paul M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaherty Regan $520,400
Previous Owner Decker Paul M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $530,000 -3.6% $217 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $550,000 -- $225 / 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 $4,660 $331,700 $93,500 $238,200
2023 $4,893 $331,700 $93,500 $238,200
2022 $4,187 $228,400 $71,300 $157,100
2021 $3,931 $208,200 $63,600 $144,600
2020 $3,560 $181,000 $56,000 $125,000
2019 $3,508 $181,000 $56,000 $125,000
2018 $3,981 $205,400 $50,900 $154,500
2017 $3,936 $203,100 $50,900 $152,200
2016 $3,515 $181,000 $33,200 $147,800
2015 $3,621 $188,400 $33,200 $155,200
2014 $3,508 $188,400 $33,200 $155,200
2013 $3,040 $163,600 $33,200 $130,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1537721

Maine Listings

APN: SACO-000032-000025