NOT LISTED FOR SALE

Estimated Value: $600,000 - $854,783

6 Beds
4 Baths
2,784 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $525,000 $189 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,380/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 428 Feet of Waterfront
  • Country Club
  • Saco Middle School Rated A-
  • Public Beach
  • 4.74 Acre Lot

About This Home

As of August 2021

A Multi unit property with water frontage, this property is close enough to town to be on public water & sewer yet far enough away and set back just enough off the road giving it a rural feel from the natural tree lines. This 2-unit property boasts two large 3-bedroom multi-level units, efficient forced hot air and central air cooling systems in each unit, 2nd floor laundry, large decks, attached garages with direct access to each unit, full walk out basements, and over 400' of owned water frontage on the Saco River. Reach out directly to me to reserve your spot to view the property on Saturday July 24th.

Last Agent to Sell the Property

Christian Steppe

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 07/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Martin Norton

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Year Built

  • Built in 2011

Lot Details

  • 4.74 Acre Lot
  • 428 Feet of Waterfront
  • River Front
  • Public Beach
  • Wooded Lot

Parking

  • 4 Car Direct Access Garage
  • Automatic Garage Door Opener
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,784 Sq Ft Home
  • Multi-Level Property
  • Laundry on upper level

Flooring

  • Laminate
  • Tile

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Deeded Waterfront Access Rights
  • Nearby Water Access
  • River Nearby
  • Deck
  • Patio

Location

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heated On Demand

Listing and Financial Details

  • Tax Lot 44-02
  • Assessor Parcel Number Saco-51-44-2

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Country Club

Building Details

  • Operating Expense $12,563
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,191

Year Built

Built in 2011

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 4.74
  • Water Body Name: Saco River
  • MLS Status: Closed
  • Directions: From Maples ST, turn right on to Lincoln ST, property on the left, see sign. GPS friendly address.
  • Above Grade Finished Sq Ft: 2784.0
  • Architectural Style: Duplex, Multi-Level
  • Garage Yn: Yes
  • Year Built: 2011
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 4.74
  • Property Information:Total Baths: 4.0
  • Property Information:SqFt Finished Above Grade: 2784.0
  • Property Information:Garage: Yes
  • Location:Near Golf Course: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Basement:Daylight: Yes
  • Basement:Walkout Access: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Heat Fuel:Propane: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Basement Entry:Walk-Out: Yes
  • Water Heater:Gas: Yes
  • Water Heater:On Demand: Yes
  • Property Information:Garage Spaces: 4.0
  • Exterior:Vinyl Siding: Yes
  • Vehicle Storage:Auto Door Opener: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Tankless: Yes
  • Amenities:Laundry - 2nd Floor: Yes
  • Vehicle Storage:Direct Entry to Living: Yes
  • Floors:Laminate: Yes
  • Property Information:Number of Units: 2
  • Heat System:Multi-Zones: Yes
  • Income Expenses Gross Income: 40800.0
  • Income Expenses Operating Expenses: 12563.0
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Style:Duplex: Yes
  • Recreational Water:Nearby: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Water Info:Waterfront Amount -: 428.0
  • Water Info:Water Frontage Owned -: 428.0
  • Recreational Water:Deeded: Yes
  • Site:Wooded: Yes
  • Location:Near Country Club: Yes
  • Location:Near Railroad: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Walk-Out Access, Daylight, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Flooring: Tile, Laminate
  • Interior Amenities: Other
  • Full Basement: Yes

Exterior Features

  • Lot Features: Wooded, Intown, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Near Railroad
  • Waterfront Features: River
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: 5 - 10 Spaces, Paved, Garage Door Opener, Inside Entrance

Utilities

  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Multi-Zones, Forced Air, 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: 206474.4
  • Parcel #: Saco-51-44-2
  • Zoning: R1-A

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Annual Operating Expense: 12563.0

Tax Info

  • Tax Annual Amount: 7191.0
  • Tax Book Number: 16074
  • Tax Lot: 44-02
  • Tax Map Number: 51
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Downs Gary
Bought by
Turner Michael
Current Estimated Value
$689,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,650
Outstanding Balance
$522,648
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$188,299

Purchase Details

Closed on
Apr 5, 2011
Sold by
Abovegrad Dev
Bought by
Lilly Kristie V and Curley Jarrod D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Turner Michael -- None Available
Lilly Kristie V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Michael $562,650
Previous Owner Lilly Jarrod S $237,000
Previous Owner Lilly Kristie $240,280
Previous Owner Lilly Kristie V $43,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $525,000 +8.2% $189 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $485,000 -- $174 / 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 $8,669 $617,031 $139,031 $478,000
2023 $9,101 $617,031 $139,031 $478,000
2022 $8,032 $438,200 $105,900 $332,300
2021 $7,646 $405,000 $97,000 $308,000
2020 $7,191 $365,600 $85,300 $280,300
2019 $7,085 $365,600 $85,300 $280,300
2018 $6,477 $359,200 $78,900 $280,300
2017 $6,490 $334,900 $78,900 $256,000
2016 $6,477 $333,500 $74,100 $259,400
2015 $6,346 $330,200 $74,100 $256,100
2014 $6,148 $330,200 $74,100 $256,100
2013 $6,252 $336,500 $83,900 $252,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1501197

Maine Listings

APN: SACO-000051-000044-000002