R
Seller's Agent in 2021
Robert Metayer
Client First Realty Maine
(207) 831-3017
7 in this area
150 Total Sales
1R Colonial Dr Saco, ME 04072
Central Saco NeighborhoodEstimated Value: $587,000 - $678,000
6
Beds
4
Baths
2,360
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Tile Flooring
- Saco Middle School Rated A-
- No HOA
- Zoned Heating
About This Home
As of August 2021Wow! Investors/Owner Occupants take notice! Great Investment Opportunity! This Duplex is ideally located on a well landscaped level lot in Sunny Saco ME. Each Units Features: 3 Bedrooms 1.5 Bathrooms, First floor Laundry, Separate Heating Systems, Tile and Laminate Flooring, Open Layout, Full Basement, Decks, and Lots of Closet Space. Easy to Rent! Tenants pay own utilities. Building has had many updates! Very Solid Investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,660
Year Built
- Built in 1994
Lot Details
- 4,792 Sq Ft Lot
- Landscaped
- Level Lot
- Open Lot
Home Design
- 2,360 Sq Ft Home
- Duplex
- Colonial Architecture
- Concrete Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- Driveway
- Paved Parking
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
Additional Features
- Deck
Listing and Financial Details
- Tax Lot 19-1
- Assessor Parcel Number 1rColonialdrivesacomaine04072
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $8,851
- Gross Income $30,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2021
Closed on
Aug 13, 2021
Sold by
Fakory Afzal S and Fakory Marilee E
Bought by
Karangwa Eric and Ruzindana Chantal
Seller's Agent
Robert Metayer
Client First Realty Maine
Buyer's Agent
Bryce Hamilton
Coldwell Banker Realty
List Price
$524,500
Sold Price
$530,000
Premium/Discount to List
$5,500
1.05%
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
$95,333
Avg. Annual Appreciation
2.37%
Original Mortgage
$520,400
Outstanding Balance
$475,242
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$107,419
Purchase Details
Closed on
May 10, 2010
Sold by
Option One Mortage Loan T
Bought by
Fakory Marilee E and Fakory Afzal S
Purchase Details
Closed on
Apr 8, 2010
Sold by
Davis Jayme
Bought by
Wells Fargo Bank Na Tr
Purchase Details
Closed on
Aug 11, 2008
Sold by
1 R Colonial Dr U2 Res T and Monaghan
Bought by
Pelkey Mary B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,075
Interest Rate
6.49%
Mortgage Type
FHA
Purchase Details
Closed on
May 17, 2006
Sold by
Putney Richard D
Bought by
Davis Jayme and Davis Jason
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 |
|---|---|---|---|
| Karangwa Eric | -- | None Available | |
| Karangwa Eric | -- | None Available | |
| Fakory Marilee E | $90,000 | -- | |
| Wells Fargo Bank Na Tr | -- | -- | |
| Wells Fargo Bank Na Tr | -- | -- | |
| Pelkey Mary B | -- | -- | |
| Davis Jayme | -- | -- | |
| Davis Jayme | -- | -- | |
| Putney Richard D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karangwa Eric | $520,400 | |
| Previous Owner | Davis Jayme | $88,075 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $530,000 | +1.0% | $225 / Sq Ft |
| 06/12/2021 06/12/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $524,500 | -- | $222 / 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 | $5,474 | $389,600 | $105,700 | $283,900 |
| 2023 | $5,747 | $389,600 | $105,700 | $283,900 |
| 2022 | $5,088 | $277,600 | $80,500 | $197,100 |
| 2021 | $4,845 | $256,600 | $74,000 | $182,600 |
| 2020 | $2,970 | $151,000 | $68,300 | $82,700 |
| 2019 | $2,926 | $151,000 | $68,300 | $82,700 |
| 2018 | $2,684 | $144,800 | $62,100 | $82,700 |
| 2017 | $2,874 | $148,300 | $62,100 | $86,200 |
| 2016 | $2,684 | $138,200 | $52,000 | $86,200 |
| 2015 | $2,656 | $138,200 | $52,000 | $86,200 |
| 2014 | $2,573 | $138,200 | $52,000 | $86,200 |
| 2013 | -- | $138,200 | $52,000 | $86,200 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Metayer
-
Bryce Hamilton
Buyer's Agent in 2021
Bryce Hamilton
Coldwell Banker Realty
(207) 773-1990
3 in this area
154 Total Sales
Map
Source: Maine Listings
MLS Number: 1488494
APN: SACO-000068-000019-000001-000001
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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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