$2,075,000
SOLD MAR 1, 2024
-- Bed
10 Baths
1,540 Sq Ft
1.04 Acres

Recently Sold

$1,347 Per Sq Ft

1% Below List Price

Highlights

  • 1.04 Acre Lot
  • Deck
  • Baseboard Heating
  • Saco Middle School Rated A-
  • Bathtub
  • Property is near a golf course

About This Home

As of March 2024

10 Units of an 11-unit Condominium project that was built in 1989. One unit out sale in 1991, these are the 10 remaining. Condominium Declaration and By Laws recorded in 1989. Seller/owner of 10 units has been paying all fees. Association bookkeeping etc. can be set up under new owner. Yearly income 153,600 with 100% occupancy. Currently units 6 and 7 vacant.

Last Agent to Sell the Property

Mark McCallum

EXP Realty Listed on: 01/04/2024

EXP Realty

Last Buyer's Agent

Mike Bunting

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1989

Home Design

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Full Bathrooms
  • Bathtub
  • Shower Only

Basement

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

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Location

  • Property is near a golf course
  • City Lot

Utilities

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

Additional Features

  • Laundry on upper level
  • Doors are 32 inches wide or more
  • Deck
  • Fenced

Listing and Financial Details

  • Exclusions: 10 dishwashers, 10 refirg, 9 elect stove
  • Tax Lot 243
  • Assessor Parcel Number SACO-000032-000243-000000-000001

Community Details

Overview

  • Property has a Home Owners Association
  • 10 Units
  • Condominium Association Subdivision
  • The community has rules related to deed restrictions

Building Details

  • Operating Expense $49,000
  • Gross Income $153,600

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,210

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: Condominium Association
  • Directions: From Main Street head east from traffic lights along Beach Street approximately .75 mile. On the left side just before the railroad overpass
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1989
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.04
  • Property Information:Total Baths: 10.0
  • Property Information:SqFt Finished Above Grade: 1040.0
  • Property Information:SqFt Finished Below Grade: 500.0
  • Property Information:Garage: No
  • 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
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Fence: Yes
  • Location Information:Fee Frequency Paid: Monthly
  • Exterior:Vinyl Siding: Yes
  • Driveway:Common2: Yes
  • Amenities:Shower: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 10
  • Income Expenses Gross Income: 153600.0
  • Income Expenses Operating Expenses: 49000.0
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Basement:Slab2: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Style:Townhouse: Yes
  • Property Information 2 Detached Houses on 1 Lot: No
  • Accessibilitiy Amenities 32 - 36 Inch Doors: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Accessibility Features: 32 - 36 Inch Doors
  • Has Basement: Full, Interior Entry
  • Full Bathrooms: 10
  • Below Grade Sq Ft: 500.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Bathtub, Shower
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sidewalks, Intown, Near Golf Course, Near Turnpike/Interstate
  • Waterfront: No
  • Exclusions: 10 dishwashers, 10 refirg, 9 elect stove
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 11 - 20 Spaces, Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Upper Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Saco Public Schools

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 45302.4
  • Parcel #: SACO-000032-000243-000000-000001
  • Zoning: HDR-High Density Res

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 153600.0
  • Annual Operating Expense: 49000.0

Tax Info

  • Tax Annual Amount: 3210.0
  • Tax Book Number: 5034
  • Tax Lot: 243
  • Tax Map Number: 32
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 1, 2024
Sold by
Roberge Construction Inc
Bought by
First Class Impact Fund L
Seller's Agent
Mark McCallum
EXP Realty
Buyer's Agent
Mike Bunting
Coldwell Banker Realty
List Price
$2,100,000
Sold Price
$2,075,000
Premium/Discount to List
-$25,000
-1.19%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.98%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,075,000 None Available
Warranty Deed $2,075,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,025,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $319,900 -3.0% $308 / Sq Ft
05/25/2025 05/25/25 Price Changed $329,900 -2.9% $317 / Sq Ft
04/21/2025 04/21/25 For Sale $339,900 -83.6% $327 / Sq Ft
03/01/2024 03/01/24 Sold $2,075,000 -1.2% $1,347 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $2,100,000 -- $1,364 / 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 $3,396 $241,700 $101,600 $140,100
2023 $3,565 $241,700 $101,600 $140,100
2022 $3,210 $175,100 $77,400 $97,700
2021 $3,074 $162,800 $71,500 $91,300
2020 $2,895 $147,200 $65,500 $81,700
2019 $2,853 $147,200 $65,500 $81,700
2018 $2,736 $141,200 $59,500 $81,700
2017 $2,756 $142,200 $59,500 $82,700
2016 $2,628 $135,300 $52,600 $82,700
2015 $2,600 $135,300 $52,600 $82,700
2014 $2,519 $135,300 $52,600 $82,700
2013 -- $135,300 $52,600 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1579866

Maine Listings

APN: SACO-000032-000243-000000-000001