Seller's Agent in 2025
Jonathan Safford
Better Homes & Gardens Real Estate/The Masiello Group
(207) 590-6026
12 in this area
143 Total Sales
23 Union St Saco, ME 04072
Central Saco Neighborhood
--
Bed
2.5
Baths
1,777
Sq Ft
0.25
Acres
Highlights
- Farmhouse Style Home
- No HOA
- Level Lot
- Saco Middle School Rated A-
- Baseboard Heating
- Vinyl Flooring
About This Home
As of February 2025Investment Opportunity: Mixed-Use Two-Unit Property. This well-located two-unit building offers a unique investment opportunity with a fully operational daycare permitted by the town. The property features:
•Residential Units: A spacious three-bedroom, 1.5-bath unit above, and a cozy 1-bedroom, 1-bath unit side by side.
•Prime Location: Just a short stroll to Thornton Academy and nearby shopping centers, plus only minutes from local beaches and easy access to I-95.
•Recent Renovations: The building was converted from a single-family home in 2022, with significant upgrades including new plumbing, electrical systems, roof, siding, and decks.
•Convenient Backyard: The fully enclosed backyard is perfect for the daycare, providing a safe outdoor space for children.
•Tenancy: Current tenants are on a month-to-month lease and are open to signing a new annual lease.
Please note that showings are blocked on weekends due to daycare operations. Don't miss out on this desirable mixed-use property that combines residential living with a thriving business opportunity!
Last Agent to Sell the Property
Better Homes & Gardens Real Estate/The Masiello Group Brokerage Phone: 207-590-6026 Listed on: 10/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,875
Year Built
- Built in 1840
Lot Details
- 0.25 Acre Lot
- Level Lot
Home Design
- 1,777 Sq Ft Home
- Farmhouse Style Home
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Laminate
- Vinyl
Unfinished Basement
- Interior Basement Entry
- Sump Pump
Parking
- Driveway
- Paved Parking
- On-Street Parking
Utilities
- No Cooling
- Heating System Uses Kerosene
- Heating System Uses Propane
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Hot Water Heating System
- Electric Water Heater
Additional Features
- City Lot
Listing and Financial Details
- Exclusions: Unit appliances
- Tax Lot 221
- Assessor Parcel Number SACO-000039-000221
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $8,913
- Gross Income $46,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Feb 7, 2025
Sold by
Rufo Llc
Bought by
Tijssen Theo M
Seller's Agent
Jonathan Safford
Better Homes & Gardens Real Estate/The Masiello Group
Buyer's Agent
Hayden Pomerleau
Maine Real Estate Co
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Views
40
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
$21,625
Avg. Annual Appreciation
7.12%
Original Mortgage
$367,500
Outstanding Balance
$364,643
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,363
Purchase Details
Closed on
Oct 17, 2022
Sold by
Zubiate Jesus M and Zubiate Jaclyn O
Bought by
Rufo Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,250
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 24, 2022
Sold by
King Sybil L
Bought by
Zubiate Jesus M and Zubiate Jaclyn O
Purchase Details
Closed on
Apr 28, 2011
Sold by
King Sybil L and Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Feb 4, 2010
Sold by
King Clayton P and King Joyce M
Bought by
King Sybil L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,319
Interest Rate
5.05%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 13, 2007
Sold by
Deutsche Bk Natl T Co Tr
Bought by
King Clayton P and King Joyce M
Purchase Details
Closed on
Jun 11, 2007
Sold by
Deutsche Bk Natl T Co Tr
Bought by
Deutsche Bk Natl T Co Tr
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $490,000 | None Available | |
| Warranty Deed | $490,000 | None Available | |
| Warranty Deed | $490,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $190,000 | None Available | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Foreclosure Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $367,500 | Purchase Money Mortgage | |
| Closed | $367,500 | Purchase Money Mortgage | |
| Previous Owner | $383,250 | Purchase Money Mortgage | |
| Previous Owner | $145,319 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $490,000 | -3.9% | $276 / Sq Ft |
| 11/24/2024 11/24/24 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | Price Changed | $510,000 | -2.9% | $287 / Sq Ft |
| 10/16/2024 10/16/24 | For Sale | $525,000 | -- | $295 / 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 | $4,644 | $330,500 | $206,100 | $124,400 |
| 2023 | $4,875 | $330,500 | $206,100 | $124,400 |
| 2022 | $5,305 | $289,400 | $157,100 | $132,300 |
| 2021 | $3,155 | $167,100 | $80,900 | $86,200 |
| 2020 | $2,943 | $149,600 | $71,100 | $78,500 |
| 2019 | $2,899 | $149,600 | $71,100 | $78,500 |
| 2018 | $3,301 | $143,200 | $64,700 | $78,500 |
| 2017 | $2,663 | $137,400 | $64,700 | $72,700 |
| 2016 | $3,301 | $170,000 | $54,100 | $115,900 |
| 2015 | $3,239 | $168,500 | $54,100 | $114,400 |
| 2014 | $3,137 | $168,500 | $54,100 | $114,400 |
| 2013 | $3,131 | $168,500 | $54,100 | $114,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Safford
-
Hayden Pomerleau
Buyer's Agent in 2025
Hayden Pomerleau
Maine Real Estate Co
(207) 205-5179
6 in this area
36 Total Sales
Map
Source: Maine Listings
MLS Number: 1606956
APN: SACO-000039-000221
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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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