NOT LISTED FOR SALE

Estimated Value: $557,000 - $733,863

4 Beds
2.5 Baths
3,034 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $475,000 $157 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,933/month

7 Days on Market

Highlights

  • Nearby Water Access
  • Public Beach
  • Colonial Architecture
  • Saco Middle School Rated A-
  • Country Club
  • Wood Flooring

About This Home

As of December 2023

Wonderful 2 family in a great location. Very little work needed to make it your own and benefit from income from the second unit.
Location is prime. Close to golf, beaches and town.
This is a great opportunity for buyers or investors.

Last Agent to Sell the Property

Martha Cookson

EXP Realty Brokerage Phone: 207-229-9893 Listed on: 10/04/2023

EXP Realty

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1847

Lot Details

  • 0.45 Acre Lot
  • Public Beach
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Farmhouse Style Home
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Fiberglass Roof
  • Vinyl Siding

Interior Spaces

  • 3,034 Sq Ft Home
  • Multi-Level Property
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Dirt Floor

Outdoor Features

  • Nearby Water Access
  • Porch

Location

  • Property is near a golf course

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Legal Lot and Block 001 / 003
  • Assessor Parcel Number 265BeachStreetSaco04072

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Community Storage Space

Recreation

  • Country Club

Building Details

  • Operating Expense $4,515
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,071

Year Built

Built in 1847

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.45
  • MLS Status: Closed
  • Directions: GPS accurate. Located in front of Laurel Hill Cemetery
  • Above Grade Finished Sq Ft: 3034.0
  • Architectural Style: Colonial, Farmhouse, Multi-Level, New Englander
  • Garage Yn: Yes
  • Year Built: 1847
  • Attribution Contact: 207-229-9893
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.45
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 3034.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Amenities:Storage: Yes
  • Property Information:Garage Spaces: 1.0
  • Exterior:Vinyl Siding: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Income Expenses Gross Income: 28200.0
  • Income Expenses Operating Expenses: 4514.74
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Style:Colonial: Yes
  • Basement:Dirt Floor: Yes
  • Amenities:Attic: Yes
  • Recreational Water:Nearby: Yes
  • Location:Near Country Club: Yes
  • Heat System:Radiator: Yes
  • Foundation Materials:Granite2: Yes
  • Style:New Englander: Yes
  • Roof:Fiberglass: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Dirt Floor, Full, Exterior Entry, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: Attic, Storage
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Sidewalks, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Granite, Brick/Mortar
  • Patio And Porch Features: Porch
  • Roof: Fiberglass
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: 5 - 10 Spaces, Other, Paved, Off Street

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator, Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 265BeachStreetSaco04072
  • Zoning: R

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 28200.0
  • Annual Operating Expense: 4514.74

Tax Info

  • Tax Annual Amount: 5071.0
  • Tax Block: 003
  • Tax Book Number: 18117
  • Tax Lot: 001
  • Tax Map Number: 026
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 1, 2023
Sold by
Laurel Hill Holdings Llc
Bought by
265 Beach Street Llc
Seller's Agent
Martha Cookson
EXP Realty
Buyer's Agent
Nancy Moreshead
The Real Estate Store
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Current Estimated Value
$626,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,966
Original Mortgage
$254,300
Outstanding Balance
$250,599
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
265 Beach Street Llc $475,000 None Available
265 Beach Street Llc $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 265 Beach Street Llc $254,300
Closed 265 Beach Street Llc $254,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $475,000 +5.6% $157 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $450,000 -- $148 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

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 $6,528 $464,600 $126,700 $337,900
2023 $6,961 $471,900 $134,000 $337,900
2022 $5,072 $276,700 $102,600 $174,100
2021 $4,830 $255,800 $91,800 $164,000
2020 $4,571 $232,400 $80,500 $151,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1573898

Maine Listings

APN: SACO M:026 L:003 U:001-000