NOT LISTED FOR SALE

34 Saco St Westbrook, ME 04092

Estimated Value: $512,684

4 Beds
2 Baths
2,142 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $342,000 $160 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,078/month

5 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of September 2021

Looking for a move-in ready investment property? Great opportunity to own a 2-unit for investment income or turn into owner occupied. Property sits on a corner lot, offers a private yard and 2 car garage. First floor shows vacant with 2+ bedrooms and has been recently renovated with new kitchen flooring, cabinets, and a countertop. Bathroom has new flooring, toilet, vanity and ceiling light/vent fan. Open shelving added for additional storage. Unit 1 has been freshly painted with some new light fixtures installed. Renovated front porch (2021) and roof newly re-shingled (2020) Tenant pays for own utilities. Second Floor has not been renovated and offers 3 bedrooms with long term tenants.

Last Listed By

Maria Morrissette

Fontaine Family-The Real Estate Leader Listed on: 07/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,142 Sq Ft Home
  • Multi-Level Property

Flooring

  • Wood
  • Laminate
  • Tile

Unfinished Basement

  • Partial Basement
  • Doghouse Basement Entry

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Natural Gas Not Available
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 85
  • Assessor Parcel Number WSBR-000028-000000-000085

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $6,695
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,845

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • MLS Status: Closed
  • Directions: Take Route 25 to Saco Street. Property is located on the corner of Quimby Avenue.
  • Above Grade Finished Sq Ft: 2142.0
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Information:Leased Land: No
  • Property Information:Lot Size Acres -: 0.13
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 2142.0
  • Property Information:Garage: Yes
  • Site:Level: Yes
  • Site:Open: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Cooling:None3: Yes
  • Floors:Wood3: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Property Information:Garage Spaces: 2.0
  • Water Heater:Electric2: Yes
  • Vehicle Storage:Detached: Yes
  • Basement:Unfinished: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Basement:Partial: Yes
  • Basement Entry:Doghouse: Yes
  • Property Information:Number of Units: 2
  • Income Expenses Gross Income: 33600.0
  • Income Expenses Operating Expenses: 6695.0
  • Style:Multi-Level: Yes
  • Exterior:Aluminum Siding: Yes
  • Transportation:Public Transport Access: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Partial, Doghouse, Unfinished
  • Full Bathrooms: 2
  • Flooring: Wood, Tile, Laminate

Exterior Features

  • Lot Features: Level, Open Lot, Intown, Near Public Transit
  • Waterfront: No
  • Construction Type: Aluminum Siding, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: 5 - 10 Spaces, Paved, Detached

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced 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: 5662.8
  • Parcel #: WSBR-000028-000000-000085
  • Zoning: RGA1

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 33600.0
  • Annual Operating Expense: 6695.0

Tax Info

  • Tax Annual Amount: 3845.0
  • Tax Book Number: 30875
  • Tax Lot: 85
  • Tax Map Number: 28
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 13, 2021
Sold by
Burgess Mary E
Bought by
Scott Jacqueline
Seller's Agent
Maria Morrissette
Fontaine Family-The Real Estate Leader
Buyer's Agent
Jeffrey Mateja
Keller Williams Realty
List Price
$325,000
Sold Price
$342,000
Premium/Discount to List
$17,000
5.23%
Total Days on Market
5
Current Estimated Value
$512,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,684
Avg. Annual Appreciation
10.31%
Original Mortgage
$290,700
Outstanding Balance
$267,382
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,920

Purchase Details

Closed on
Jul 29, 2013
Sold by
Us Bank Na
Bought by
Burgess James L and Burgess Mary E

Purchase Details

Listed on
Feb 5, 2013
Closed on
Mar 29, 2013
Sold by
Us Bank Na Tr
Bought by
Us Bank Na
Seller's Agent
Justin Robbins
Century 21 North East
Buyer's Agent
NON-MREIS AGENT
Non MREIS Agency
List Price
$86,900
Sold Price
$100,275
Premium/Discount to List
$13,375
15.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.13%

Purchase Details

Closed on
May 6, 2005
Sold by
Decourcey Richard J
Bought by
Fahie Kate F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,200
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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
Scott Jacqueline -- None Available
Burgess James L -- --
Us Bank Na -- --
Fahie Kate F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Jacqueline $65,000
Open Scott Jacqueline $290,700
Previous Owner Fahie Kate L $232,000
Previous Owner Fahie Kate F $180,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $342,000 +5.2% $160 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $325,000 +224.1% $152 / Sq Ft
05/14/2013 05/14/13 Sold $100,275 +15.4% $47 / Sq Ft
02/09/2013 02/09/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $86,900 -- $41 / 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
2023 $4,298 $257,700 $79,600 $178,100
2022 $3,897 $215,300 $66,400 $148,900
2021 $3,839 $215,300 $66,400 $148,900
2020 $3,845 $215,300 $66,400 $148,900
2019 $3,845 $215,300 $66,400 $148,900
2018 $3,497 $180,100 $57,700 $122,400
2017 $3,400 $180,100 $57,700 $122,400
2016 $3,314 $180,100 $57,700 $122,400
2015 $3,235 $180,100 $57,700 $122,400
2014 $3,098 $180,100 $57,700 $122,400
2013 $3,351 $194,800 $57,700 $137,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Maine Listings

MLS Number: 1502540

Maine Listings

APN: WSBR-000028-000000-000085