Seller's Agent in 2023
Charlene Weinstein
Charlene's Coastal Properties
(207) 632-3284
10 in this area
58 Total Sales
22 Ocean Park Rd Unit 37ab Saco, ME 04072
Central Saco NeighborhoodEstimated Value: $219,000
5
Beds
2
Baths
1,831
Sq Ft
$422/mo
HOA Fee
Highlights
- Nearby Water Access
- Public Beach
- 3.2 Acre Lot
- Saco Middle School Rated A-
- In Ground Pool
- Property is near public transit
About This Home
As of July 2023Ideal vacation or investment property!
Can use one unit for yourself and rent the other or rent both units Great rental history!
Note:these units are not seasonal and are not for primary occupancy
Duplex with 2 units situated within a motel setting on 3.2 beautifully landscaped acres, this is one of 13 units being converted to condominium and being carved out from existing Exit 5 Motel. This duplex features a 3 bedrooms, 1 bath, kitchen and great room on 1st floor and 2 bedroom, 1 bath/with washer and dryer, kitchen, great room and a deck on 2nd floor. These units will have full access to all hotel amenities which include: Large indoor seasonal pool, game room, all surrounded by a large deck with a fire pit with plenty of seating, a screened in Gazebo with seating, also there is a large fenced in children's playground area.
Note: all taxes and condo fees are estimated
Last Agent to Sell the Property
Charlene's Coastal Properties Listed on: 05/06/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,480
Year Built
- Built in 2011
Lot Details
- Public Beach
- Landscaped
HOA Fees
- $422 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,831 Sq Ft Home
- Furnished
- Great Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- Common or Shared Parking
- Shared Driveway
- Paved Parking
- On-Site Parking
Outdoor Features
- In Ground Pool
- Nearby Water Access
Location
- Property is near public transit
- Property is near a golf course
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 031
- Assessor Parcel Number SACO-000034-000006
Community Details
Overview
- 2 Units
Pet Policy
- Limit on the number of pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2006
Sold by
Patil Nutan
Bought by
Bombay Group Llc
Current Estimated Value
Purchase Details
Closed on
Jun 12, 2006
Sold by
Vbs Group Llc
Bought by
Patil Sandeep and Patil Nutan
Purchase Details
Closed on
May 24, 2005
Sold by
Exit 5 Motel & Cottages Inc
Bought by
Vbs Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.95%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Bombay Group Llc | -- | -- | |
| Bombay Group Llc | -- | -- | |
| Patil Sandeep | -- | -- | |
| Patil Sandeep | -- | -- | |
| Vbs Group Llc | -- | -- | |
| Vbs Group Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sp Groups Llc | $216,000 | |
| Previous Owner | Vbs Group Llc | $1,200,000 | |
| Previous Owner | Vbs Group Llc | $462,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2023 07/13/23 | Sold | $380,000 | -2.3% | $208 / Sq Ft |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- |
| 05/06/2023 05/06/23 | For Sale | $389,000 | -- | $212 / 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 | $24,637 | $1,753,500 | $853,500 | $900,000 |
| 2023 | $25,864 | $1,753,500 | $853,500 | $900,000 |
| 2022 | $31,881 | $1,739,300 | $649,500 | $1,089,800 |
| 2021 | $37,331 | $1,977,300 | $579,300 | $1,398,000 |
| 2020 | $3,740 | $1,867,900 | $553,600 | $1,314,300 |
| 2019 | $3,703 | $1,867,900 | $553,600 | $1,314,300 |
| 2018 | $35,233 | $1,818,000 | $503,700 | $1,314,300 |
| 2017 | $3,652 | $1,812,800 | $503,700 | $1,309,100 |
| 2016 | $36,667 | $1,888,100 | $503,700 | $1,384,400 |
| 2015 | $36,234 | $1,885,200 | $503,700 | $1,381,500 |
| 2014 | $35,102 | $1,885,200 | $503,700 | $1,381,500 |
| 2013 | $35,027 | $1,885,200 | $503,700 | $1,381,500 |
Source: Public Records
Agents Affiliated with this Home
-
Charlene Weinstein
-
James Kelly
J
Seller Co-Listing Agent in 2023
James Kelly
Charlene's Coastal Properties
(207) 939-1170
10 in this area
14 Total Sales
Map
Source: Maine Listings
MLS Number: 1558101
APN: SACO-000034-000006
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