NOT LISTED FOR SALE

Estimated Value: $771,000 - $872,000

3 Beds
2 Baths
1,613 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $695,000 $431 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,904/month

109 Days on Market

Highlights

  • Ocean Front
  • Nearby Water Access
  • Deck
  • Saco Middle School Rated A-
  • Country Club
  • Ranch Style House

About This Home

As of October 2022

Welcome to 16 Lower Beach Road!
Just a few houses back from the ocean, with some ocean views, and steps to the beach and working harbor, this adorable, updated single level beach home has so much to offer! From the new front deck to the spacious back deck and large, private backyard, there is plenty of space for family fun, outdoor living, lobster bakes, and relaxing in the fresh salt air breezes with a quiet morning cup of coffee, or a relaxing glass of wine in the evening.
The bright and airy interior floor plan is fun and flexible. With 3 bedrooms and 2 baths, 2 living rooms, a beachy, open concept eat-in kitchen and dining area, there are plenty of gathering spaces for family and friends to be together or find a quiet moment to curl up with a book and relax at the beach. One bedroom, bath and living area can be separated for a primary suite, or slightly more private space for guests or extended family members! The spacious 1st floor laundry area is well located off the back deck and
outdoor shower, and the large dry basement is the perfect spot to store beach gear and other extras for year-round enjoyment. With a strong rental history, and great proximity to I-95 and the Portland Jetport, this Saco beach gem
checks all of the boxes!

Last Agent to Sell the Property

Sandra Murray

Keller Williams Realty Listed on: 04/14/2022

Keller Williams Realty

Last Buyer's Agent

Greg Robert

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot
  • Ocean Front
  • Landscaped
  • Level Lot
  • Property is zoned R-1C

Home Design

  • Ranch Style House
  • Cottage
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,613 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Deck

Location

  • Property is near golf course

Utilities

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

Listing and Financial Details

  • Tax Lot 080
  • Assessor Parcel Number SACO-000002-000080

Community Details

Recreation

  • Country Club

Additional Features

  • No Home Owners Association
  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,667

Year Built

Built in 1947

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Water Body Name: Atlantic Ocean
  • MLS Status: Closed
  • Directions: Seaside Ave, or Ferry Road to Lower Beach Road.
  • Above Grade Finished Sq Ft: 1613.0
  • Architectural Style: Cottage, Ranch
  • Garage Yn: No
  • Year Built: 1947
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 433.35
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.2
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1613.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Exterior:Shingle Siding: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Washer: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Tile2: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Amenities:_one_st Floor Bedroom: Yes
  • Amenities:One-Floor Living: Yes
  • Amenities:Shower: Yes
  • Basement:Unfinished: Yes
  • Dining Room:Dining Room: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Style:Ranch: Yes
  • Foundation Materials:Block3: Yes
  • Amenities:Bathtub: Yes
  • Amenities:_one_st Floor Primary Bedroom wBath: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Recreational Water:Nearby: Yes
  • Style:Cottage: Yes
  • Family Room:Family Room: Yes
  • Location:Near Country Club: Yes
  • Property Sub-Type Property Sub-Type: Single Family Residence
  • Advertising Remarks:Advertising Remarks: Welcome to 16 Lower Beach Road! Just a few houses back from the ocean with some ocean views, and steps to the beach and working harbor, this adorable, updated single level beach home has so much to offer! From the new front deck to the spacious back deck and large, private backyard, there is plenty of space for family fun, outdoor living, lobster bakes, and relaxing in the fresh salt air breezes with a quiet morning cup of coffee, or a relaxing glass of wine in the evening. The bright and airy interior floor plan is fun and flexible. With 3 bedrooms and 2 baths, 2 living rooms, a beachy, open concept eat-in kitchen and dining area, there are plenty of gathering spaces for family and friends to be together or find a quiet moment to curl up with a book and relax at the beach. One bedroom, bath and living area can be separated for a primary suite, or slightly more private space for guests or extended family members! The spacious 1st floor laundry area is well located off the back deck and outdoor shower, and the large dry basement is the perfect spot to store beach gear and other extras for year-round enjoyment. With a strong rental history, and great proximity to I-95 and the Portland Jetport, this Saco beach gem checks all of the boxes!
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer, Refrigerator, Electric Range, Dryer, Disposal, Dishwasher
  • Has Basement: Full, Walk-Out Access, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Shower, Storage, Primary Bedroom w/Bath
  • Full Basement: Yes
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Dining Room Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Bedroom 1:Bedroom 1 Level: First

Exterior Features

  • Lot Features: Level, Landscaped, Near Golf Course, Near Shopping, Neighborhood
  • Waterfront Features: Ocean
  • Waterfront: No
  • Construction Type: Vinyl Siding, Shingle Siding, Wood Frame
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • 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: 8712.0
  • Parcel #: SACO-000002-000080
  • Zoning: R-1C

Tax Info

  • Tax Annual Amount: 6667.0
  • Tax Lot: 080
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Oct 31, 2022
Sold by
Davis Suzanne
Bought by
Fasshauer Joshua M and Fasshauer Ashley
Seller's Agent
Sandra Murray
Keller Williams Realty
Buyer's Agent
Greg Robert
Coldwell Banker Realty
List Price
$769,000
Sold Price
$695,000
Premium/Discount to List
-$74,000
-9.62%
Views
16
Current Estimated Value
$814,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,994
Avg. Annual Appreciation
4.84%
Original Mortgage
$556,000
Outstanding Balance
$533,664
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,330

Purchase Details

Closed on
Jun 13, 2005
Sold by
Martel Jedda L and Martel Richard P
Bought by
Spink Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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
Fasshauer Joshua M $695,000 None Available
Spink Suzanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fasshauer Joshua M $556,000
Previous Owner Spink Suzanne $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $695,000 -9.6% $431 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $769,000 -- $477 / Sq Ft
Source: Maine Listings

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 $7,969 $567,200 $304,200 $263,000
2023 $8,366 $567,200 $304,200 $263,000
2022 $7,631 $416,300 $231,800 $184,500
2021 $6,667 $353,100 $217,800 $135,300
2020 $6,324 $321,500 $196,700 $124,800
2019 $6,231 $321,500 $196,700 $124,800
2018 $6,161 $317,900 $193,100 $124,800
2017 $5,793 $298,900 $175,600 $123,300
2016 $5,694 $293,200 $164,700 $128,500
2015 $5,605 $291,600 $164,700 $126,900
2014 $5,336 $286,600 $159,700 $126,900
2013 $5,325 $286,600 $159,700 $126,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1524794

Maine Listings

APN: SACO-000002-000080

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