Seller's Agent in 2022
Tim Flaherty
The Flaherty Group
(207) 671-3682
1 in this area
56 Total Sales
18 Gray St Saco, ME 04072
Central Saco NeighborhoodEstimated Value: $638,000 - $862,360
--
Bed
4
Baths
2,957
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- Additional Residence on Property
- Nearby Water Access
- Country Club
- Saco Middle School Rated A-
- Public Beach
- Property is near golf course and public transit
About This Home
As of June 2022Rarely does a fine multi-unit hit the market. Pride of ownership shows' in every room of this spectacular 3 family. The main house features a recently updated custom kitchen with granite tops, SS appliances, dining area, living room, office, 1st floor bedroom and full bath with laundry, 2nd floor has 3 bedrooms and 1 full bath. Attached apartment features an open kitchen to living area, office, 2nd floor has 2 bedrooms and a full bath with laundry. The 3rd unit is above the oversized 2 car garage and features an open kitchen to living area, 1 bedroom, 1 bath with laundry. Potential for expansion on oversized lot. This is a Craftsman owned property with high quality fit and finish. You will enjoy a short drive to Ferry Beach State Park, golf and the vibrant Saco/Biddeford dining scene.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,236
Year Built
- Built in 1850
Lot Details
- 0.35 Acre Lot
- Public Beach
- Fenced
- Landscaped
- Corner Lot
- Level Lot
- Open Lot
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- 2,957 Sq Ft Home
- New Englander Architecture
- Stone Foundation
- Wood Frame Construction
- Pitched Roof
- Shingle Roof
- Fiberglass Roof
- Vinyl Siding
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- Main Floor Bedroom
- 4 Full Bathrooms
- Bathtub
- Shower Only
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Nearby Water Access
- Porch
Location
- Property is near golf course and public transit
- Suburban Location
Utilities
- No Cooling
- Forced Air Heating System
- Space Heater
- Heating System Uses Gas
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
- Cable TV Available
Additional Features
- Stove
- Additional Residence on Property
Listing and Financial Details
- Tax Lot 120
- Assessor Parcel Number SACO-000031-000120
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Country Club
Building Details
- Operating Expense $12,617
- Gross Income $70,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2022
Closed on
Jun 10, 2022
Sold by
Laliberte Guy N and Laliberte Mary M
Bought by
Schmidt Benjamin W
Seller's Agent
Tim Flaherty
The Flaherty Group
Buyer's Agent
John Fitzsimons
Portside Real Estate Group
List Price
$725,000
Sold Price
$806,000
Premium/Discount to List
$81,000
11.17%
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
-$70,910
Avg. Annual Appreciation
-2.51%
Original Mortgage
$644,800
Outstanding Balance
$610,815
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$124,275
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schmidt Benjamin W | $806,000 | None Available | |
| Schmidt Benjamin W | $806,000 | None Available | |
| Schmidt Benjamin W | $806,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schmidt Benjamin W | $644,800 | |
| Closed | Schmidt Benjamin W | $644,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $806,000 | +11.2% | $273 / Sq Ft |
| 04/28/2022 04/28/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | For Sale | $725,000 | -- | $245 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
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 | $7,454 | $530,500 | $162,000 | $368,500 |
| 2023 | $7,825 | $530,500 | $162,000 | $368,500 |
| 2022 | $6,731 | $367,200 | $123,600 | $243,600 |
| 2021 | $6,236 | $330,300 | $115,700 | $214,600 |
| 2020 | $6,039 | $307,000 | $107,200 | $199,800 |
| 2019 | $5,950 | $307,000 | $107,200 | $199,800 |
| 2018 | $4,973 | $256,600 | $97,600 | $159,000 |
| 2017 | $4,921 | $253,900 | $107,200 | $146,700 |
| 2016 | $4,383 | $225,700 | $51,200 | $174,500 |
| 2015 | $4,286 | $223,000 | $50,500 | $172,500 |
| 2014 | $4,141 | $222,400 | $49,900 | $172,500 |
| 2013 | $4,132 | $222,400 | $49,900 | $172,500 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Flaherty
-
John Fitzsimons
J
Buyer's Agent in 2022
John Fitzsimons
Portside Real Estate Group
(207) 233-8314
3 in this area
196 Total Sales
Map
Source: Maine Listings
MLS Number: 1525345
APN: SACO-000031-000120
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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.
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