NOT LISTED FOR SALE

Estimated Value: $492,256

4 Beds
2 Baths
1,608 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $265,000 $165 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,128/month

2 Days on Market

Highlights

  • Public Beach
  • Property is near public transit
  • Forced Air Heating System
  • Saco Middle School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of July 2018

Fantastic intown Saco location for this one floor living duplex. Each unit has 2 bedrooms, 1 bathroom, full basement on either side with own access. Generous yard, off street parking, close to downtown Saco, turnpike, train station, shopping plaza, and area beaches. Live in one unit and rent the other or use as an investment, you decide. It's like living in your own home, no one above or below you and still have the benefit of income contributing to your mortage payment.

Last Listed By

Deja Lett

Keller Williams Realty Listed on: 06/15/2018

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,285

Year Built

  • Built in 1992

Lot Details

  • 7,841 Sq Ft Lot
  • Public Beach
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1,608 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops
  • City Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 31MechanicStSacoME04072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,285

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • MLS Status: Closed
  • Directions: Route 112 North St heading towards Buxton, right onto Scamman St, left onto Mechanic St. Look for sign
  • Above Grade Finished Sq Ft: 1608.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1992
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.18
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1608.0
  • Property Information:Garage: No
  • Site:Level: 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
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Interior: Yes
  • Exterior:Vinyl Siding: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 1
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Property Information:Bank Owned REO: No
  • Location:Near Railroad: Yes
  • Transportation:Public Transport Access: Yes
  • Transportation:Rail Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Intown, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Shopping Mall, Near Public Transit, Near Railroad
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Paved, Off Street

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: 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: 7840.8
  • Parcel #: 31MechanicStSacoME04072
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3285.0
  • Tax Book Number: 15269
  • Tax Lot: 001
  • Tax Map Number: 039
  • Tax Year: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 31, 2018
Sold by
Malcolm Frederick A and Malcolm Terri E
Bought by
Lobo-Gallo Catherine G
Seller's Agent
Deja Lett
Keller Williams Realty
Buyer's Agent
Michael Jepson
Century 21 North East
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Total Days on Market
2
Current Estimated Value
$492,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,256
Avg. Annual Appreciation
8.69%
Original Mortgage
$260,200
Outstanding Balance
$230,579
Interest Rate
4.6%
Mortgage Type
FHA
Estimated Equity
$235,773

Purchase Details

Closed on
Oct 2, 2007
Sold by
Pelletier Michael J and Pelletier Cheryl A
Bought by
Malcolm Terri E and Malcolm Frederick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Lobo-Gallo Catherine G -- --
Malcolm Terri E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galo Catherine G $100,000
Open Lobo-Gallo Catherine G $260,200
Previous Owner Malcolm Frederick A $176,000
Previous Owner Malcolm Terri E $201,000
Previous Owner Pelletier Cheryl A $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $265,000 +6.0% $165 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $250,000 -- $155 / 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 $4,783 $340,400 $85,800 $254,600
2023 $5,021 $340,400 $85,800 $254,600
2022 $4,440 $242,200 $65,300 $176,900
2021 $4,210 $223,000 $59,000 $164,000
2020 $3,643 $185,200 $36,000 $149,200
2019 $3,589 $185,200 $36,000 $149,200
2018 $3,342 $182,500 $33,300 $149,200
2017 $3,285 $169,500 $33,300 $136,200
2016 $3,342 $172,100 $31,000 $141,100
2015 $3,273 $170,300 $31,000 $139,300
2014 $3,171 $170,300 $31,000 $139,300
2013 $3,164 $170,300 $31,000 $139,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1353348

Maine Listings

APN: SACO-000039-000052-000001