NOT LISTED FOR SALE

16 Mill St Unit 41 Springvale, ME 04083

Estimated Value: $178,000 - $204,123

2 Beds
1 Bath
864 Sq Ft
$215/mo HOA Fee

Last Sold February 13, 2024

Last sale price $169,900 $197 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,424/month

40 Days on Market

Highlights

  • 775 Feet of Waterfront
  • 1 Acre Lot
  • Porch
  • Home fronts a pond
  • Deck
  • 1-minute walk to Pence Park

About This Home

As of February 2024

This is your opportunity to have home ownership at a very reasonable price. Or invest and rent out the unit. Either way, you will not find a more affordable option in southern Maine. This 2 Bedroom 1 bath unit has a space for a stack washer /dryer unit as well as an extra storage unit for your 'stuff'. This unit cannot go through government loans such as RD, FHA or VA type loans. Conventional financing or a portfolio loan are good options. The unit needs some TLC but can be lived in immediately.

Last Agent to Sell the Property

John Caramihalis

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/01/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Jason Dube

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,880

Year Built

  • Built in 1988

Lot Details

  • Home fronts a pond
  • 775 Feet of Waterfront
  • River Front
  • Landscaped
  • Sprinkler System

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Home Security

Parking

  • Common or Shared Parking
  • Shared Driveway
  • On-Site Parking

Outdoor Features

  • Deck
  • Porch

Location

  • City Lot

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 4-241
  • Assessor Parcel Number SANF-000004-000241-K000014

Community Details

Overview

  • 6 Buildings
  • 6 Units

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,880

Year Built

Built in 1988

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Water Body Name: Mill Pond/ Mousam River
  • MLS Status: Closed
  • Directions: Take Main street in Springvale to Mill Street. At the bottom of the hill take a left into Haven Cove Condo complex
  • Above Grade Finished Sq Ft: 864.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.0
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 864.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Location Information:Association Fee: 215.0
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 6
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Living Room:Living Room: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Amenities:Bathtub: Yes
  • Water Info:Waterfront Amount -: 775.0
  • Water Info:Water Frontage Shared -: 775.0
  • Kitchen Countertop:Formica: Yes
  • Misc Amenities Sprinkler: Yes
  • Condominium:_pound_ of Buildings: 6
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 6
  • Appliances: Refrigerator, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Bathtub
  • Bedroom 2 Level: Second
  • Living Room Living Room Level: Second
  • Bedroom 1:Bedroom 1 Level: Second
  • Location:Interior Lot: Yes

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Interior Lot, Intown, Near Shopping, Near Town, Neighborhood
  • Waterfront Features: Pond, River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Common, On Site

Utilities

  • Laundry Features: Washer Hookup
  • Security: Sprinkler, Fire System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: SANF-000004-000241-K000014
  • Zoning: Urban

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1880.0
  • Tax Book Number: 18091
  • Tax Lot: 4-241
  • Tax Map Number: K14
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 13, 2024
Sold by
Kelly Family Prop Llc
Bought by
Jalbert Jennifer and Jalbert Timothy D
Seller's Agent
John Caramihalis
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Jason Dube
Keller Williams Realty
List Price
$174,900
Sold Price
$169,900
Premium/Discount to List
-$5,000
-2.86%
Views
3
Current Estimated Value
$188,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,381
Avg. Annual Appreciation
7.84%
Original Mortgage
$174,997
Outstanding Balance
$172,962
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$16,024

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 6, 2019
Sold by
Durgin Pamela J and Durgin Mark A
Bought by
Kelly Family Props Llc
Seller's Agent
Peggy Hill
Coldwell Banker Realty
Buyer's Agent
Margaret Hill
Great American Realty
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.08%
Original Mortgage
$70,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Jalbert Jennifer $169,900 None Available
Kelly Family Props Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jalbert Jennifer $174,997
Previous Owner Kelly Family Props Llc $70,000
Previous Owner Durgin Mark A $15,877
Previous Owner Durgin Pamela J $65,000
Previous Owner Durgin Pamela J $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2024 02/13/24 Sold $169,900 -2.9% $197 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $174,900 +149.9% $202 / Sq Ft
11/06/2019 11/06/19 Sold $70,000 0.0% $81 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $70,000 -- $81 / 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 $2,024 $125,400 $9,900 $115,500
2023 $1,880 $124,200 $9,900 $114,300
2022 $1,838 $124,200 $9,900 $114,300
2021 $1,411 $77,600 $9,900 $67,700
2020 $1,445 $71,700 $9,900 $61,800
2019 $1,484 $71,700 $9,900 $61,800
2018 $1,693 $73,200 $9,900 $63,300
2017 $1,518 $73,200 $9,900 $63,300
2016 $1,706 $75,000 $10,000 $65,000
2015 $1,693 $76,800 $11,800 $65,000
2014 -- $77,200 $12,200 $65,000
2013 -- $77,200 $12,200 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1578472

Maine Listings

APN: SANF-000004-000241-K000014