NOT LISTED FOR SALE

Estimated Value: $495,000 - $550,000

2 Beds
2.5 Baths
2,323 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $274,000 $118 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,083/month

3 Days on Market

Highlights

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

About This Home

As of May 2018

Come visit this beautifully updated two-unit boasting period details. Inside greets you with hardwood floors, updated kitchens and baths and modern conveniences paired with ornate trim. Outside you have a huge, fenced yard, off-street parking and a cute garden shed. You will enjoy this amazing location; set on a quiet street, walking distance to Thornton Academy, easy turnpike access and just minutes from 7 miles of public beach. Don't miss the nicest two unit for the price, a great value whether this will be your new home or investment!

Last Agent to Sell the Property

Frank Hennings

Kre Brokerage Group Listed on: 03/21/2018

Last Buyer's Agent

Stephanie Morrison

Morrison Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1937

Lot Details

  • 0.27 Acre Lot
  • Public Beach
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Open Lot

Home Design

  • Colonial Architecture
  • Victorian Architecture
  • Brick Foundation
  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,323 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Scenic Vista Views
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Doghouse Basement Entry
  • Exterior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Nearby Water Access
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near a golf course

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 247
  • Assessor Parcel Number SACO-000032-000247

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Additional Features

  • Community Storage Space
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,504

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: King Street to Lafayette to sign. Last house on Right, May is One Way.
  • Above Grade Finished Sq Ft: 2323.0
  • Architectural Style: Colonial, Victorian
  • Efficiency: Double Pane Windows, Ceiling Fans
  • Building Stories: 2
  • Year Built: 1937
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 117.95
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.27
  • Property Information:Total Baths: 3.0
  • Property Information:SqFt Finished Above Grade: 2323.0
  • Site:Corner Lot: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Forced Air: 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
  • Amenities:Fence: Yes
  • Amenities:Storage: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Amenities:Walk-in Closets: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Foundation Materials:BrickMortar2: Yes
  • Foundation Materials:Stone: Yes
  • Heat System:Multi-Zones: Yes
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 38400.0
  • Parking:On Site2: Yes
  • Location:Near Public Beach: Yes
  • Amenities:Bathtub: Yes
  • Style:Colonial: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Recreational Water:Nearby: Yes
  • Equipment:Internet Access Available: Yes
  • Property Information:Bank Owned REO: No
  • Equipment:Cable: Yes
  • Energy Efficiency:Ceiling Fans: Yes
  • View:Scenic: Yes
  • Energy Efficiency:Double Pane Windows: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Basement Entry:Exterior Only: Yes
  • Other Structures:Shed: Yes
  • Advertising Remarks:Advertising Remarks: Come visit this beautifully updated two-unit boasting period details. Inside greets you with hardwood floors, updated kitchens and baths and modern conveniences paired with ornate trim. Outside you have a huge, fenced yard, off-street parking and a cute garden shed. You will enjoy this amazing location; set on a quiet street, walking distance to Thornton Academy, easy turnpike access and just minutes from 7 miles of public beach. Don't miss the nicest two unit for the price, a great value whethr this will be your new home or investment!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Exterior Only, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace: No
  • Flooring: Wood, Vinyl, Carpet
  • Interior Amenities: 1st Floor Bedroom, Bathtub, Walk-In Closet(s), Storage
  • Full Basement: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Open Lot, Landscaped, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Near Railroad
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Stone, Concrete Perimeter, Brick/Mortar
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 5 - 10 Spaces, Paved, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Multi-Zones, Hot Water, Forced Air, 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: 11761.2
  • Parcel #: SACO-000032-000247
  • Zoning: R1B

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 38400.0

Tax Info

  • Tax Annual Amount: 3504.0
  • Tax Lot: 247
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
May 11, 2018
Sold by
Descoteaux Jeffrey S and Descoteaux Elena
Bought by
Taylor Kristine Y and Taylor Mark
Seller's Agent
Frank Hennings
Kre Brokerage Group
Buyer's Agent
Stephanie Morrison
Morrison Real Estate
List Price
$269,000
Sold Price
$274,000
Premium/Discount to List
$5,000
1.86%
Current Estimated Value
$511,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,849
Avg. Annual Appreciation
8.62%
Original Mortgage
$260,300
Outstanding Balance
$224,333
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$287,516

Purchase Details

Closed on
Apr 16, 2008
Sold by
Descoteaux Sheila A and Lano Susan
Bought by
Descoteaux Jane T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taylor Kristine Y -- --
Descoteaux Jane T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Kristine Y $260,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $274,000 +1.9% $118 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $269,000 -- $116 / 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 $4,651 $331,000 $131,100 $199,900
2023 $4,882 $331,000 $131,100 $199,900
2022 $4,201 $229,200 $100,000 $129,200
2021 $3,991 $211,400 $89,300 $122,100
2020 $3,725 $189,400 $78,600 $110,800
2019 $3,671 $189,400 $78,600 $110,800
2018 $3,531 $182,200 $71,400 $110,800
2017 $3,504 $180,800 $71,400 $109,400
2016 $3,338 $171,900 $59,700 $112,200
2015 $3,273 $170,300 $59,700 $110,600
2014 $3,171 $170,300 $59,700 $110,600
2013 $3,164 $170,300 $59,700 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1342192

Maine Listings

APN: SACO-000032-000247