NOT LISTED FOR SALE

Estimated Value: $526,000 - $592,000

4 Beds
2 Baths
1,938 Sq Ft
$286/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $432,000 $223 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,403/month

3 Days on Market

Highlights

  • No HOA
  • Patio
  • Baseboard Heating
  • Saco Middle School Rated A-
  • Landscaped
  • Level Lot

About This Home

As of June 2021

Here you have a well maintained Duplex that is minutes from the ocean and just down the road from the Saco River. It's located on a dead end street so no need to worry about high speed traffic. As soon as you arrive you'll notice the beautiful foliage which includes large privacy trees on both sides of the property with separate paved driveways for each unit. Inside each unit is a mirror image of the other. The kitchen has an opening looking out into the large living room giving you that open concept feel. The living room in each unit has a set of sliders that takes you out to your own private patio space. The second floor of each unit offers two bedrooms and a full bathroom. This is a great opportunity for owner-occupied or as an investment. The rental side is currently paying below rental market value with a lease ending in July. No showings until the Open Houses. There will be two Open Houses; Saturday 05/15/21 from 11AM - 1PM and Sunday 05/16/21 from 12PM - 2PM. No appointment needed for open house, but sign-in required upon arrival.

Last Agent to Sell the Property

John White

Duston Leddy Real Estate Listed on: 05/13/2021

Duston Leddy Real Estate

Last Buyer's Agent

Elizabeth Marshall

Lucas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,982

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Level Lot

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,938 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Unfinished Basement

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

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number SACO-000032-000006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,163
  • Gross Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,982

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: From US-1 S/Main St Continue to follow Main St 0.9 mi Turn left onto Beach St 0.3 mi Turn right onto James St 0.2 mi Turn left onto Gray St 0.1 mi Turn left onto Wakefield Ave 31-33 Wakefield will be on the right.
  • Above Grade Finished Sq Ft: 1938.0
  • Architectural Style: Duplex
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1985
  • Location Information:Leased Land: No
  • Contract Information:List PriceSqFt: 216.72
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 0.23
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1938.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Cooling:None3: Yes
  • Floors:Carpet: 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
  • Heat Fuel:Electric: Yes
  • Water Heater:Electric2: Yes
  • Amenities:Laundry - Hookup: Yes
  • Basement:Unfinished: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Building Info:_pound_ Stories2: 2
  • Income Expenses Gross Income: 15900.0
  • Income Expenses Operating Expenses: 7163.0
  • Parking:Paved3: Yes
  • Style:Duplex: Yes
  • Heat Fuel:K-1Kerosene: Yes
  • Equipment:Air Radon Mitigation System: Yes
  • Advertising Remarks:Advertising Remarks: Here you have a well maintained Duplex that is minutes from the ocean and just down the road from the Saco River. It's located on a dead end street so no need to worry about high speed traffic. As soon as you arrive you'll notice the beautiful foliage which includes large privacy trees on both sides of the property with separate paved driveways for each unit. Inside each unit is a mirror image of the other. The kitchen has an opening looking out into the large living room giving you that open concept feel. The living room in each unit has a set of sliders that takes you out to your own private patio space. The second floor of each unit offers two bedrooms and a full bathroom. This is a great opportunity for owner-occupied or as an investment. The rental side is currently paying below rental market value with a lease ending in July. No showings until the Open Houses. There will be two Open Houses; Saturday 5/15/21 from 11AM - 1PM and Sunday 5/16/21 from 12PM - 2PM. No appointment needed for open house, but sign-in required upon arrival.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Has Basement: Full, Doghouse, Interior Entry, Unfinished
  • Full Bathrooms: 2
  • Flooring: Laminate, Carpet
  • Full Basement: Yes

Exterior Features

  • Lot Features: Level, Landscaped, Near Shopping, Near Town, Neighborhood
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Air
  • 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: 10018.8
  • Parcel #: SACO-000032-000006
  • Zoning: R-2

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15900.0
  • Annual Operating Expense: 7163.0

Tax Info

  • Tax Annual Amount: 4982.0
  • Tax Lot: 006
  • Tax Year: 2020

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 18, 2021
Sold by
Thibodeau Jeffrey M
Bought by
Graef Alexander N
Seller's Agent
John White
Duston Leddy Real Estate
Buyer's Agent
Elizabeth Marshall
Lucas Real Estate
List Price
$400,000
Sold Price
$432,000
Premium/Discount to List
$32,000
8%
Current Estimated Value
$553,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,472
Avg. Annual Appreciation
5.69%
Original Mortgage
$318,750
Outstanding Balance
$288,588
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,884

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 6, 2018
Sold by
Mosaic Maine At Wakefield
Bought by
Thibodeau Jeffrey M
Seller's Agent
Casey Gray
RE/MAX Coastal
Buyer's Agent
John White
Red Post Realty, LLC
List Price
$309,900
Sold Price
$313,000
Premium/Discount to List
$3,100
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$307,330
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2016
Sold by
Tenny Ryan R and Tenny Jill M
Bought by
Mosaic Maine At Wakefi

Purchase Details

Listed on
Jul 27, 2015
Closed on
May 4, 2015
Sold by
Goddard Ralph R
Bought by
Tenny Ryan R and Tenny Jill M
Seller's Agent
Jason Dube
Keller Williams Realty
Buyer's Agent
Melissa Milem
Keller Williams Realty
List Price
$229,900
Sold Price
$222,500
Premium/Discount to List
-$7,400
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$218,469
Interest Rate
3.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Graef Alexander N -- None Available
Thibodeau Jeffrey M -- --
Mosaic Maine At Wakefi -- --
Tenny Ryan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graef Alexander N $318,750
Previous Owner Thibodeau Jeffrey M $307,330
Previous Owner Tenny Ryan R $218,469
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $432,000 +8.0% $223 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $400,000 +27.8% $206 / Sq Ft
08/31/2018 08/31/18 Sold $313,000 +1.0% $162 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $309,900 +39.3% $160 / Sq Ft
05/01/2015 05/01/15 Sold $222,500 -3.2% $115 / Sq Ft View Prior Sale
03/06/2015 03/06/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $229,900 -- $119 / 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 $5,995 $426,700 $176,500 $250,200
2023 $6,294 $426,700 $176,500 $250,200
2022 $5,662 $308,900 $134,700 $174,200
2021 $5,215 $276,200 $114,700 $161,500
2020 $4,982 $253,300 $106,300 $147,000
2019 $4,909 $253,300 $106,300 $147,000
2018 $4,723 $243,700 $96,700 $147,000
2017 $4,477 $231,000 $96,700 $134,300
2016 $3,509 $180,700 $46,100 $134,600
2015 $3,427 $178,300 $45,500 $132,800
2014 $3,309 $177,700 $44,900 $132,800
2013 $3,302 $177,700 $44,900 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1491476

Maine Listings

APN: SACO-000032-000006