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 NeighborhoodEstimated Value: $500,568
3
Beds
2.5
Baths
1,777
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Farmhouse Style Home
- No HOA
- Baseboard Heating
- Saco Middle School Rated A-
- Property is near shops
- Level Lot
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
- 10,890 Sq Ft Lot
- Property fronts a freeway
- Level Lot
Home Design
- 1,777 Sq Ft Home
- Farmhouse Style Home
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
Unfinished Basement
- Interior Basement Entry
- Sump Pump
Parking
- Driveway
- Paved Parking
- On-Street Parking
Location
- Property is near shops
- City Lot
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
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
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $8,913
- Gross Income $46,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 16, 2024
Closed on
Feb 7, 2025
Sold by
Bought by
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
$10,568
Avg. Annual Appreciation
1.58%
Original Mortgage
$367,500
Outstanding Balance
$362,655
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$137,913
Purchase Details
Closed on
Oct 17, 2022
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Apr 28, 2011
Sold by
Bought by
Purchase Details
Closed on
Feb 4, 2010
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Jun 11, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $490,000 | None Available | ||
| $490,000 | None Available | ||
| $490,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $190,000 | None Available | ||
| $190,000 | None Available | ||
| $190,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $367,500 | ||
| Closed | $367,500 | ||
| Previous Owner | $383,250 | ||
| Previous Owner | $145,319 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $5,772 | $406,500 | $181,900 | $224,600 |
| 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
7 in this area
43 Total Sales
Map
Source: Maine Listings
MLS Number: 1606956
APN: SACO-000039-000221
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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