Danielle Lape
Kre Brokerage Group
(207) 503-2542
102 Total Sales
12 in Springvale
$35K - $440K Price Range
16 Railroad Ave Springvale, ME 04083
Springvale AreaEstimated Value: $428,000 - $499,000
Studio
3
Baths
2,442
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Corner Lot
- Cooling Available
- Landscaped
- No HOA
- Zoned Heating
- Baseboard Heating
About This Home
As of November 2024BACK ON MARKET DUE TO NO FAULT OF ITS OWN. PRIVATE SHOWINGS SAT OCT 19 1-3***Absolutely beautiful triplex with excellent curb appeal, ideal for owner-occupancy or as an investment opportunity with a potential cap rate of 10.76%. This property boasts exceptional curb appeal, highlighted by attractive cedar shingle siding, a young roof, and recently updated windows and doors. The inviting farmer's porch, constructed with durable composite decking, offers a perfect space to relax and enjoy the outdoors year-round. The lower unit, a small one bedroom has been recently updated with bright white kitchen cabinets, updated bathroom and tile flooring. The spacious lot offers ample parking, and the double egresses with the newer back stairs, provide added convenience. The location can not be more convenient as it is located right across from Mousam Way trails where residents can enjoy walking, biking, and exploring the beautiful natural surroundings. Act fast as this will not last.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 1920
Lot Details
- 9,148 Sq Ft Lot
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
Home Design
- Slab Foundation
- Wood Frame Construction
- Membrane Roofing
- Wood Siding
Interior Spaces
- 3 Full Bathrooms
- 2,442 Sq Ft Home
- Multi-Level Property
- Exterior Basement Entry
Flooring
- Laminate
- Vinyl
Parking
- Driveway
- Paved Parking
- On-Site Parking
Location
- City Lot
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- Oil Water Heater
Listing and Financial Details
- Tax Block 6
- Assessor Parcel Number SANF-000006-I000018
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $11,594
- Gross Income $51,420
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
Nov 15, 2024
Sold by
Bought by
Seller's Agent
Andy Yau
RE/MAX Shoreline
Buyer's Agent
Kimberly Thomas
Keller Williams Realty
List Price
$525,000
Sold Price
$525,000
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,333
Avg. Annual Appreciation
-8.35%
Original Mortgage
$515,490
Outstanding Balance
$505,511
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$52,844
Purchase Details
Listed on
Feb 26, 2021
Closed on
Apr 15, 2021
Sold by
Bought by
Seller's Agent
Timothy Dumont
Coldwell Banker Realty
Buyer's Agent
Robin Valeri
Keller Williams Coastal and Lakes & Mountains Realty
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.82%
Original Mortgage
$306,900
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 13, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 6, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Springvale, ME
-
Danielle Lape
-
Roslind Anton
Roslind Anton
Responds QuicklyEXP Realty
(207) 503-3755
166 Total Sales
1 in Springvale
$30,000 Price
-
Steve Foglio
Steve Foglio
Real Estate 2000 ME/NH
(207) 806-5265
168 Total Sales
7 in Springvale
$70K - $410K Price Range
-
Kamal Perkins
Kamal Perkins
Landing Real Estate
(207) 515-8244
118 Total Sales
1 in Springvale
$310,840 Price
-
Michael Hamilton
Michael Hamilton
Keller Williams Realty
(207) 962-1250
274 Total Sales
2 in Springvale
$240K - $291K Price Range
-
Adam Hedio
Adam Hedio
Coldwell Banker Realty
(207) 977-2927
174 Total Sales
8 in Springvale
$50K - $525K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Misc Company | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $515,490 | ||
| Previous Owner | $306,900 | ||
| Closed | $131,000 | ||
| Previous Owner | $162,000 | ||
| Closed | $4,000 | ||
| Previous Owner | $181,600 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2024 11/20/24 | Sold | $525,000 | 0.0% | $215 / Sq Ft | |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- | |
| 09/24/2024 09/24/24 | For Sale | $525,000 | +75.0% | $215 / Sq Ft | |
| 04/15/2021 04/15/21 | Sold | $300,000 | -8.8% | $123 / Sq Ft | View Prior Sale |
| 03/02/2021 03/02/21 | Pending | -- | -- | -- | |
| 02/26/2021 02/26/21 | For Sale | $329,000 | -- | $135 / Sq Ft |
Source: Maine Listings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,889 | $285,900 | $38,300 | $247,600 |
| 2024 | $4,614 | $285,900 | $38,300 | $247,600 |
| 2023 | $4,294 | $283,600 | $38,300 | $245,300 |
| 2022 | $4,197 | $283,600 | $38,300 | $245,300 |
| 2021 | $3,621 | $199,200 | $38,300 | $160,900 |
| 2020 | $3,937 | $195,300 | $38,300 | $157,000 |
| 2019 | $3,554 | $171,700 | $38,300 | $133,400 |
| 2018 | $3,103 | $175,800 | $38,300 | $137,500 |
| 2017 | $3,646 | $175,800 | $38,300 | $137,500 |
| 2016 | $3,190 | $140,300 | $38,300 | $102,000 |
| 2015 | $3,103 | $140,800 | $38,800 | $102,000 |
| 2014 | $3,044 | $140,800 | $38,800 | $102,000 |
| 2013 | -- | $148,200 | $38,800 | $109,400 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Yau
Seller's Agent in 2024
Andy Yau
RE/MAX
(603) 969-6216
172 Total Sales
-
Kimberly Thomas
K
Buyer's Agent in 2024
Kimberly Thomas
Keller Williams Realty
(207) 879-9800
8 Total Sales
-
Timothy Dumont
T
Seller's Agent in 2021
Timothy Dumont
Coldwell Banker Realty
(207) 651-7710
1 Total Sale
-
Robin Valeri
Buyer's Agent in 2021
Robin Valeri
Keller Williams Coastal and Lakes & Mountains Realty
(603) 714-2926
41 Total Sales
Map
Source: Maine Listings
MLS Number: 1604752
APN: SANF-000006-I000018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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