NOT LISTED FOR SALE

265 Beach St Saco, ME 04072

East Saco Neighborhood

Estimated Value: $521,000 - $637,000

4 Beds
2.5 Baths
3,034 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2023

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

Est. 21% increase in value since last sale

Current estimated payment $3,711 / mo

7 Days on Market

Highlights

  • Country Club
  • Property is near a beach
  • Wood Flooring
  • Saco Middle School Rated A-
  • Colonial Architecture
  • No HOA

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

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

Last Buyer's Agent

Nancy Moreshead

The Real Estate Store

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,071

Year Built

  • Built in 1847

Lot Details

  • 0.45

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • New Englander Architecture
  • Farmhouse Style Home
  • Fiberglass Roof

Interior Spaces

  • 3,034 Sq Ft Home
  • Multi-Level Property
  • Interior Basement Entry

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Property is near a beach
  • Porch

Utilities

  • No Cooling
  • Radiator
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • 19,602 Sq Ft Lot
  • Property is near golf course and shops

Listing and Financial Details

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

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

0.45 Acres

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, New Englander, Other
  • Garage Yn: Yes
  • Unit Levels: Multi-Level
  • Year Built: 1847
  • Attribution Contact: 207-229-9893
  • Contract Information:List PriceSqFt: 148.32
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Location:Location: Near Country Club, Near Golf Course, Near Public Beach, Near Shopping, Near Town
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Bulkhead, Interior Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Flooring: Carpet, Vinyl, Wood

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Porch
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Radiator
  • 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 Lot: 001
  • Tax Year: 2023

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 4, 2023
Closed on
Dec 1, 2023
Sold by
Bought by
Seller's Agent
Martha Cookson
Plowman Realty Group
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
$577,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,086
Avg. Annual Appreciation
7.42%
Original Mortgage
$254,300
Outstanding Balance
$248,021
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$329,065
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Saco, ME

  • Scott Reiff Denise Reiff Real Estate Agent - Coldwell Banker Realty

    Scott Reiff Denise Reiff

    Coldwell Banker Realty

    (207) 891-6314

    98 Total Sales

    1 in East Saco

    $357,900 Price

    Scott Reiff Denise Reiff
     Section Image
  • Jocelyn O'Rourke-Shane Real Estate Agent - Maine Real Estate Choice

    Jocelyn O'Rourke-Shane

    Maine Real Estate Choice

    (207) 405-0461

    233 Total Sales

    1 in East Saco

    $525,000 Price

    Jocelyn O'Rourke-Shane
     Section Image
  • Tom Landry Real Estate Agent - Benchmark Real Estate

    Tom Landry

    Benchmark Real Estate

    (207) 560-4900

    317 Total Sales

    1 in East Saco

    $735,000 Price

    Tom Landry
     Section Image
  • Thomas Gadbois Real Estate Agent - F.O. Bailey Real Estate

    Thomas Gadbois

    F.O. Bailey Real Estate

    (207) 560-4919

    138 Total Sales

    1 in East Saco

    $800,000 Price

    Thomas Gadbois
     Section Image
  • Katherine Scamman Real Estate Agent - EXP Realty

    Katherine Scamman

    EXP Realty

    (207) 610-6829

    77 Total Sales

    1 in East Saco

    $395,000 Price

    Katherine Scamman
     Section Image
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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
$475,000 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 $254,300
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
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

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 $6,471 $455,700 $126,700 $329,000
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

  • M

    Seller's Agent in 2023

    Martha Cookson

    Plowman Realty Group

    (888) 439-8743

    2 in this area

    5 Total Sales

    Martha Cookson
    Section Image
  • Nancy Moreshead Real Estate Agent - The Real Estate Store

    Buyer's Agent in 2023

    Nancy Moreshead

    The Real Estate Store

    (207) 329-3545

    3 in this area

    118 Total Sales

    Nancy Moreshead
    Section Image
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Map

Source: Maine Listings

MLS Number: 1573898

Maine Listings

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

Maine York County Saco 04072 East Saco

265 Beach St, Saco, ME

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.

Maine Listings 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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